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Nonprofit · EIN 33-4532914

BARRETT ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · CRESCO, PA 18326

Financials

$264K$34K2025
Revenue Expenses · by fiscal year end
Financials of BARRETT ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$263,649$34,346$229,303$229,303$0$229,303
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$262,584
Program service revenue
$0
Investment income
$1,065
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$11,939
Program services (functional)
$19,952
Management and general (functional)
$14,394

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$229,303
Total liabilities, end of year
$0
Net assets, end of year
$229,303
Gross receipts
$263,649
Employees
0
Volunteers
5
Year formed
2025
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SARAH B AUBREY SELENSKIDIRECTOR
Trustee or director
40$0
ELLIOT DEEDIRECTOR
Trustee or director
40$0
MICHAEL ALLEGRETTICHAIRMAN
Officer
40$0
ELMER DAVID CHRISTINETREASURER
Officer
40$0
KARL MANFRED WEILERSECRETARY
Officer
40$0

Address and contacts

Address (IRS master file)
1 WEILER DR, CRESCO, PA 18326-9804
Principal officer (990 for 2025)
MICHAEL ALLEGRETTI, 1 WEILER DR, CRESCO, PA 18326
Signed the 990
MICHAEL ALLEGRETTI, CHAIRMAN
Phone
(570) 656-6049
Return prepared by
TROUT CPA

Mission

TO STRENGTHEN AND SUPPORT THE BARRETT COMMUNITY BY ENHANCING THE LOCAL ECONOMY AND THE ECONOMIC OPPORTUNITIES OF TOWN RESIDENTS.

990 for the year ended December 31, 2025

Program accomplishments

  • PROVIDE FINANCIAL ASSISTANCE TO ENTERPRISES LOCATED IN BARRETT TOWNSHIP, FACILITATE ACCESS TO CAPITAL AND INVESTMENT OPPORTUNITIES FOR BUSINESSES THAT CONTRIBUTE TO LOCAL ECONOMIC DEVELOPMENT, SUPPORT AND FUND PROJECTS AIMED AT RESTORING AND IMPROVING DISTRESSED NEIGHBORHOODS IN THE TOWNSHIP, AND PARTNER WITH GOVERNMENT AGENCIES, AND COMMUNITY GROUPS TO MAXIMIZE THE IMPACT OF ECONOMIC DEVELOPMENT INITIATIVES.
    Expenses $19,952

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-4532914
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$229,303
Income (IRS master file)
$263,649

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$263,649$34,346$229,303XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 33-4532914).

Questions about BARRETT ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of BARRETT ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of BARRETT ECONOMIC DEVELOPMENT CORPORATION is 33-4532914.
Is BARRETT ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to BARRETT ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BARRETT ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BARRETT ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BARRETT ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BARRETT ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 names MICHAEL ALLEGRETTI.
Who are the officers and directors of BARRETT ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does BARRETT ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $263,649, expenses of $34,346 and total assets of $229,303 at year end.

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