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Our mission is to promote, sustain and invest in the transformation of our regional economy through innovation and partnering.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$9.4M
Program Spending
84%
of total expenses go to program services
Total Contributions
$6.4M
Total Expenses
▼$10.9M
Total Assets
$66.1M
Total Liabilities
▼$5.3M
Net Assets
$60.8M
Officer Compensation
→$777K
Other Salaries
$1.7M
Investment Income
$1.6M
Fundraising
▼$0
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $402.9K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
MARTZ26-2865561 | BERWICK, PA | $31.3K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
DYNALENE23-2935409 | WHITEHALL, PA | $26.3K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
EASTERN TECHNOLOGIES23-2391609 | MORGANTOWN, PA | $25K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
BRD NOISE AND VIBRATIONS23-2396721 | WIND GAP, PA | $25K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
FRESHPET20-1884894 | BETHLEHEM, PA | $25K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
ROLLING ROCK BUILDING STONE INC23-1940698 | BOYERTOWN, PA | $25K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
PRODUCTIONS SYSTEMS AUTOMATION LLC22-2399720 | DURYEA, PA | $24.2K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
POWERRAIL27-0040910 | DURYEA, PA | $23.7K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
EASTERN EXTERIOR WALL SYSTEMS INC23-2399334 | ALLENTOWN, PA | $23.1K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
S & W84-2334643 | GILBERTSVILLE, PA | $19.3K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
DIAMOND K INC24-0819669 | SCRANTON, PA | $16.2K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
US SPECIALTY FORMULATIONS LLC46-3242404 | ALLENTOWN, PA | $15K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
JUREGIELEWICZ22-2620649 | HAMBURG, PA | $15K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
BUCKNELL UNIVERSITY24-0772407 | LEWISBURG, PA | $15K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
CAMPANIA INTERNATIONAL23-3045202 | PENNSBURG, PA | $11.3K | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
GROUSE HUNT FARMS INC23-2218571 | TAMAQUA, PA | $8,321 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
ALVERNIA UNIVERSITY23-1522643 | READING, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
CARBONDALE TECHNOLOGY TRANSFER CENTER23-2799616 | CARBONDALE, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
| WEST HAZLETON, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE | |
SCRANTON ENTERPRISE CENTER23-6298311 | SCRANTON, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
TEKRIDGE CENTER INCUBATOR23-6298311 | JESSUP, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
WAYNE ECONOMIC DEVELOPMENT CORPORATION24-6015814 | HONESDALE, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
| ALLENTOWN, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE | |
EAST STROUDSBURG UNIVERSITY23-2504462 | EAST STROUDSBURG, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUS | WILKESBARRE, PA | $7,500 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
AMERICAN PAPER BAG LLC81-4271128 | SUGAR NOTCH, PA | $6,705 | Cash | BUSINESS AND TECHNICAL ASSISTANCE |
| Total | $402.9K | |||
BERWICK, PA
$31.3K
WHITEHALL, PA
$26.3K
MORGANTOWN, PA
$25K
WIND GAP, PA
$25K
BETHLEHEM, PA
$25K
BOYERTOWN, PA
$25K
DURYEA, PA
$24.2K
DURYEA, PA
$23.7K
ALLENTOWN, PA
$23.1K
GILBERTSVILLE, PA
$19.3K
SCRANTON, PA
$16.2K
ALLENTOWN, PA
$15K
HAMBURG, PA
$15K
LEWISBURG, PA
$15K
PENNSBURG, PA
$11.3K
TAMAQUA, PA
$8,321
READING, PA
$7,500
CARBONDALE, PA
$7,500
WEST HAZLETON, PA
$7,500
SCRANTON, PA
$7,500
JESSUP, PA
$7,500
HONESDALE, PA
$7,500
ALLENTOWN, PA
$7,500
EAST STROUDSBURG, PA
$7,500
GREATER WILKES-BARRE CHAMBER OF BUSINESS AND INDUS
WILKESBARRE, PA
$7,500
SUGAR NOTCH, PA
$6,705
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
1
Clean Audits
1
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2017 | Clean | Unmodified (Clean) | $1M | No | 2018-03-15 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1M
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $9.4M | $6.4M | $10.9M | $66.1M | $60.8M |
| 2022IRS e-File | $9.4M | $6.4M | $10.9M | $66.1M | $60.8M |
| 2021 | $10.3M | $4.5M | $8.2M | $65M | $63M |
| 2020 | $6.2M | $4.2M | $8.1M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | |
| 2023 | 990 | DataIRS e-File | PDF not yet published by IRSView Filing → |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Angelo J Valletta | Ceo/president | 40 | $299.1K | $0 | $17.2K | $316.3K |
| Kathy Ann Minnich | Evp/cao/cfo/treasurer/secy | 40 | $177K | $0 | $29.9K | $206.9K |
| Wayne Barz | Cio/asst Treasurer/asst Secy | 40 | $147.6K | $0 | $24.6K | $172.1K |
Angelo J Valletta
Ceo/president
$316.3K
Hrs/Wk
40
Compensation
$299.1K
Related Orgs
$0
Other
$17.2K
Kathy Ann Minnich
Evp/cao/cfo/treasurer/secy
$206.9K
Hrs/Wk
40
Compensation
$177K
Related Orgs
$0
Other
$29.9K
Wayne Barz
Cio/asst Treasurer/asst Secy
$172.1K
Hrs/Wk
40
Compensation
$147.6K
Related Orgs
$0
Other
$24.6K
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Kenneth Okrepkie | Regional Mgr Pocono | 40 | $123.4K | $0 | $5,348 | $128.8K |
| Melanie Kohler | Chief Technology Officer | 40 | $116.6K | $0 | $3,602 | $120.2K |
Kenneth Okrepkie
Regional Mgr Pocono
$128.8K
Hrs/Wk
40
Compensation
$123.4K
Related Orgs
$0
Other
$5,348
Melanie Kohler
Chief Technology Officer
$120.2K
Hrs/Wk
40
Compensation
$116.6K
Related Orgs
$0
Other
$3,602
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Barbara Lampe | Vice Chairman | 2 | $0 | $0 | $0 | $0 |
| Dr Jill Murray | Board Member | 2 | $0 | $0 | $0 | $0 |
| Glen Bressner | Board Member | 2 | $0 | $0 | $0 | $0 |
| Jacqueline Hollenbach | Board Member | 2 | $0 | $0 | $0 | $0 |
| Jan Heller | Board Chairman | 2 | $0 | $0 | $0 | $0 |
| Kenneth P Guito | Board Member |
Barbara Lampe
Vice Chairman
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Dr Jill Murray
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Glen Bressner
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Individuals who previously served as officers or key employees.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Dr Alan J Snyder | Board Member Ended July 2022 | 2 | $0 | $441.6K | $45.7K | $487.3K |
Dr Alan J Snyder
Board Member Ended July 2022
$487.3K
Hrs/Wk
2
Compensation
$0
Related Orgs
$441.6K
Other
$45.7K
| $58.1M |
| $55.8M |
| 2019 | $9M | $4.9M | $7.8M | $57M | $55.4M |
| 2018 | $19.1M | $7.8M | $8.5M | $57.7M | $54.6M |
| 2017 | $12.8M | $9.8M | $8.1M | $53.4M | $46.3M |
| 2016 | $8.8M | $6.8M | $8.6M | $42.7M | $38.9M |
| 2015 | $7.6M | $5M | $7.7M | $42.7M | $38.4M |
| 2014 | $7.9M | $4.2M | $7.9M | $45.7M | $39.4M |
| 2013 | $7.2M | $4.7M | $7.1M | $45.2M | $38.7M |
| 2012 | $13.1M | $10.8M | $7.6M | $45.7M | $38.4M |
| 2011 | $16.5M | $14.8M | $7.2M | $42.8M | $33.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| 2 |
| $0 |
| $0 |
| $0 |
| $0 |
| Nathaniel Urban | Board Member Began Sep 2022 | 2 | $0 | $769.5K | $39.1K | $808.6K |
| Patricia Johnson | Board Member | 2 | $0 | $506.8K | $21.1K | $528K |
| Philip Crowley Esq | Board Member | 2 | $0 | $0 | $0 | $0 |
| R Chadwick Paul Jr | Board Member | 2 | $356.9K | $0 | $47.1K | $404.1K |
| Robert Oster | Board Member | 2 | $0 | $0 | $0 | $0 |
Jacqueline Hollenbach
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Jan Heller
Board Chairman
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Kenneth P Guito
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Nathaniel Urban
Board Member Began Sep 2022
$808.6K
Hrs/Wk
2
Compensation
$0
Related Orgs
$769.5K
Other
$39.1K
Patricia Johnson
Board Member
$528K
Hrs/Wk
2
Compensation
$0
Related Orgs
$506.8K
Other
$21.1K
Philip Crowley Esq
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
R Chadwick Paul Jr
Board Member
$404.1K
Hrs/Wk
2
Compensation
$356.9K
Related Orgs
$0
Other
$47.1K
Robert Oster
Board Member
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0