Nonprofits›Pottsville Area Development Corp
Community Improvement
Pottsville Area Development Corp
POTTSVILLE, PA
Total revenue
$1K
Total expenses
$377K
Net assets
$2.1M
Grants received
$500
1 grants
EIN
232355722
Tax year
2024
Mission
Business promotion and revitalization of downtown pottsville, pennsylvania through low-interest revolving loans and building renovations.
Programs
1 program
Issued loans to qualified businesses totaling $0 in 2024 and received principal repayments on outstanding loans totaling $270,705 upon which interest incurred was received totaling $61,667 principal repayments were used for new loans.
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$343K
Investment income—
Other revenue$300
Total revenue$1K
Expenses
Grants paid—
Salaries & benefits$123K
Fundraising—
Other expenses$254K
Total expenses$377K
Total assets$2.3M
Net assets$2.1M
People
1 listed
NameRoleCompensation
DAVID YOUNG
President
Board
—
10 hrs/wk
Grants received
Showing 1 of 1
FromAmountPurposeYear
Funded by
$500 from 1 funder · 1 grant · 2023
Will S & Anna S Fox Foundation
$500 · 1 grant · 2023
Details
EIN232355722
NTEE codeS310
Subsection03
Ruling date1987-06
Formed1986
Employees6