NonprofitsEphrata Development Organization Inc

Community Improvement & Capacity Building

Ephrata Development Organization Inc

EPHRATA, PA

Total revenue

$613K

Total expenses

$421K

Net assets

$1.2M

Grants received

$148K

3 grants

EIN

823825920

Tax year

2023

Mission

The ephrata development organization will assist in the creation, retention and re-investment of resources that increase the economic opportunities and improve the quality of life for our community. We foster a vibrant, prosperous and growing ephrata through extraordinary community and economic development.

Programs

2 programs

Utilize an active grant that will fund faade improvements, and a revolving loan fund program to support capital projects for small businesses.

Mainspring of ephrata, an economic development nonprofit, is committed to fostering a vibrant community for residents, businesses, and visitors. Leveraging our main street matters main street program designation and main street america accreditation, we aim to diversify revenue streams, optimize operational efficiency, and attract local investment, particularly from pa dced. By aligning our initiatives with pa dced's priorities, mainspring will drive impactful economic development while ensuring financial resilience.

Financials

FY 2023

Revenue

Contributions & grants$426K
Program service revenue$142K
Investment income$24K
Other revenue$22K
Total revenue$613K

Expenses

Grants paid
Salaries & benefits$128K
Fundraising$46K
Other expenses$292K
Total expenses$421K
Total assets$1.7M
Net assets$1.2M

People

18 listed

NameRoleCompensation

JOY ASHLEY

EXECUTIVE DI

Board

$65K

40 hrs/wk

DAVID BOLAND

PRESIDENT

Board

2 hrs/wk

JEN KATKE

SECRETARY

Board

2 hrs/wk

RANDY GOSHERT

TREASURER

Board

2 hrs/wk

ANTHONY KILKUSKIE

MEMBER-AT-LA

Board

2 hrs/wk

NANCY HARRIS

BOARD MEMBER

Board

2 hrs/wk

LINDA MARTIN

BOARD MEMBER

Board

2 hrs/wk

SHAWN BEAR

BOARD MEMBER

Board

2 hrs/wk

SUE GUNSELMAN

BOARD MEMBER

Board

2 hrs/wk

KATHLEEN MILLER

BOARD MEMBER

Board

2 hrs/wk

ROBERT HARTER

BOARD MEMBER

Board

2 hrs/wk

NICOLAS FROLIO

BOARD MEMBER

Board

2 hrs/wk

WES DUDLEY

BOARD MEMBER

Board

2 hrs/wk

RACHEL BITNER

BOARD MEMBER

Board

2 hrs/wk

RICKY RESSLER

INTERIM BOAR

Board

2 hrs/wk

RYAN FOLTZ

BOARD MEMBER

Board

2 hrs/wk

CHRISTY ANDERSON

VICE PRESIDE

Board

2 hrs/wk

KORY MUSSER

BOARD MEMBER

Board

2 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$22K
GENERAL OPERATING SUPPORT AND MURAL PROJECT
2024
$117K
RESTORATION OF HISTORICAL BUILDING AND GENERAL OPERATING SUPPORT
2023
$9K
DESIGNATED FOR GENERAL OPERATING SUPPORT
2022

Funded by

$148K from 1 funder · 3 grants · 2022–2024

Lancaster County Community Foundation

$148K · 3 grants · 2022–2024

Details

EIN823825920
NTEE codeS30
Subsection03
Ruling date2018-05
Formed2017
Employees2
EPHRATA DEVELOPMENT ORGANIZATION INC — Mission, Financials & Grants Received | Grantivo