NonprofitsBucks County Economic Development Corporation

Bucks County Economic Development Corporation

DOYLESTOWN, PA

Total revenue

$424K

Total expenses

$709K

Net assets

$5.3M

Grants received

EIN

231524674

Tax year

2024

Mission

The mission of the bucks county economic development corporation (bcedc) is to create a strong and vital economic base through the preservation and creation of job opportunities for bucks county residents. The bcedc assists companies with start up, expansion and/or relocation planning by providing long-term, low interest loans for land, buildings, machinery and equipment. Various programs are combined to create innovative financing alternatives at lower than conventional rates. Incentives to expand in bucks county include low interest loan through the county, the commonwealth of pennsylvania and us small business administration.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$183K
Investment income$213K
Other revenue$28K
Total revenue$424K

Expenses

Grants paid
Salaries & benefits$551K
Fundraising
Other expenses$158K
Total expenses$709K
Total assets$8.6M
Net assets$5.3M

People

20 listed

NameRoleCompensation

ROBERT F CORMACK

EXECUTIVE DI

Board

$205K

40 hrs/wk

JAMES BLEAKLY

PRESIDENT

Board

1 hrs/wk

DAVID R BREIDINGER

DIRECTOR

Board

1 hrs/wk

PHIL EASTMAN

SECRETARY

Board

1 hrs/wk

GERALD C FOREST

MEMBER AT LA

Board

1 hrs/wk

CHRISTOPHER GOSHALL

DIRECTOR

Board

1 hrs/wk

DAN E HINES

DIRECTOR

Board

1 hrs/wk

THOMAS KEISER

TREASURER/AS

Board

1 hrs/wk

TOM KROL

DIRECTOR

Board

1 hrs/wk

GREGORY F KRUG

DIRECTOR

Board

1 hrs/wk

ROBERT LATRONICA

VICE PRESIDE

Board

1 hrs/wk

ED LYDON

DIRECTOR

Board

1 hrs/wk

GEORGE NIBLOCK

DIRECTOR

Board

1 hrs/wk

SHERRI SCHULZ

DIRECTOR

Board

1 hrs/wk

MICHAEL BORSKI SR

DIRECTOR

Board

1 hrs/wk

RICHARD B MILLHAM SR

DIRECTOR

Board

1 hrs/wk

ROBERT STEINHART

MEMBER AT LA

Board

1 hrs/wk

MICHAEL TUR

ASST. TREASU

Board

1 hrs/wk

MAT ZOGLIO

DIRECTOR

Board

1 hrs/wk

JIM PAWLIKOWSKI

KEY EMPLOYEE

Staff

$131K

40 hrs/wk

Details

EIN231524674
Subsection04
Ruling date1960-06
Formed1958
Employees4
Volunteers18
BUCKS COUNTY ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo