Daffy

Bethlehem Economic Development Corp

Bethlehem Economic Development Corp

Bethlehem, PA 18018
Tax ID23-2211627

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About this organization

Revenue

$599,693

Expenses

$693,066

Mission

The corporation is incorporated under the non-profit corporation law of the Commonwealth of Pennsylvania for the following purpose or purposes: - to promote the economic development of the city of Bethlehem and promote and assist the growth and development of all business concerns, including small business concerns, in the said area, with an emphasis on promoting the development of manufacturing, industrial, research and development enterprises; - to coordinate a unified downtown organization and retail strategy; and - to assist in the development of projects, undertakings, studies and other activities in cooperation and in coordination with federal, state and local governmental and civic bodies for the elimination of slums, blight and blighting influences, and to aid, assist and foster the planning, replanning, development, renewal, redevelopment and improvement of business in the city of Bethlehem, Lehigh and Northampton counties, Pennsylvania, all for the primary purpose of combat

About

Acquire, hold, improve, develop and dispose of real property located in the city of Bethlehem and to assist in the growth and development of small business concerns.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “The corporation is incorporated under the non-profit corporation law of the commonwealth of pennsylvania for the following purpose or purposes: - to promote the economic development of the city of bethlehem and promote and assist the growth and development of all business concerns, including small business concerns, in the said area, with an emphasis on promoting the development of manufacturing, industrial, research and development enterprises; - to coordinate a unified downtown organization and retail strategy; and - to assist in the development of projects, undertakings, studies and other activities in cooperation and in coordination with federal , state and local governmental and civic bodies for the elimination of slums, blight and blighting influences, and to aid, assist and foster the planning, replanning, development, renewal , redevelopment and improvement of business in the city of bethlehem, lehigh and northampton counties, pennsylvania, all for the primary purpose of combat”.

When referring to its functions, they were specified as: “The corporation is incorporated under the non-profit corporation law of the commonwealth of pennsylvania for the following purpose or purposes: - to promote the economic development of the city of bethlehem and promote and assist the growth and development of all business concerns, including small business concerns, in the said area, with an emphasis on promoting the development of manufacturing, industrial, research and development enterprises; - to coordinate a unified downtown organization and retail strategy; and - to assist in the development of projects, undertakings, studies and other activities in cooperation and in coordination with federal , state and local governmental and civic bodies for the elimination of slums, blight and blighting influences, and to aid, assist and foster the planning, replanning, development, renewal , redevelopment and improvement of business in the city of bethlehem, lehigh and northampton counties, pennsylvania, all for the primary purpose of combat”.

  • The non-profit has reported their operating state as PA, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 10 EAST CHURCH STREET, BETHLEHEM, PA, 180186025.
  • The non-profit's form reports a total of 3 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$93,373.
  • The remuneration of the CEO of the organization is not determined through an impartial review and approval process.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 1982.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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