NonprofitsPennsylvania Center For Employee Ownership

Public & Societal Benefit

Pennsylvania Center For Employee Ownership

HAVERTOWN, PA

Total revenue

$2.1M

Total expenses

$578K

Net assets

$1.6M

Grants received

$166K

6 grants

EIN

811200869

Tax year

2024

Mission

The mission of the corporation is to educate both individuals and business regarding the benefits of employee ownership. The corporation promotes the value of employee ownership and wishes to increase the number of business anf employees involved in employee ownership in pennsylvania.

Financials

FY 2024

Revenue

Contributions & grants$2.1M
Program service revenue
Investment income$69K
Other revenue
Total revenue$2.1M

Expenses

Grants paid
Salaries & benefits$408K
Fundraising$25K
Other expenses$169K
Total expenses$578K
Total assets$1.7M
Net assets$1.6M

People

3 listed

NameRoleCompensation

KEVIN MCPHILLIPS

CEO AND TREA

Board

$137K

40 hrs/wk

LOREN RODGERS

DIRECTOR

Board

1 hrs/wk

BRIAN WOLCOTT

SECRETARY

Board

1 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$60K
FOR OUTREACH AND EDUCATION TO BUSINESSES IN ALLEGHENY COUNTY ON THE BENEFITS OF EMPLOYEE OWNERSHIP TO EXISTING BUSINESS OWNERS AND EMPLOYEES IN SUPPORT OF THE PITTSBURGH CITYWIDE TASK FORCE ON EMPLOYEE OWNERSHIP
2023
$10K
For grant recipient's exempt purposes
2023
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$50K
Establish a new state center
2018
$21K
For grant recipient's exempt purposes
2018

Funded by

$166K from 5 funders · 6 grants · 2018–2023

The Heinz Endowments

$60K · 1 grant · 2023

Fidelity Investments Charitable Gift Fund

$31K · 2 grants · 2018–2023

Details

EIN811200869
NTEE codeW01
Subsection03
Ruling date2017-01
Formed2016
Employees3
PENNSYLVANIA CENTER FOR EMPLOYEE OWNERSHIP — Mission, Financials & Grants Received | Grantivo