Bethlehem Economic Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232211627 ✦ Bethlehem, PA ✦ Designated as a 501(c)(3)

Overview

What is Bethlehem Economic Development Corporation?

Bethlehem Economic Development Corporation is a nonprofit organization, based in Bethlehem, Pennsylvania, with a focus on promoting economic growth and supporting small businesses in the area. Their mission involves emphasizing the development of manufacturing, industrial, research, and development enterprises, coordinating a unified downtown strategy, and collaborating with governmental and civic bodies to eliminate slums and blight. They aim to aid in the planning, renewal, development, and improvement of businesses in Bethlehem, Lehigh, and Northampton counties, primarily to combat economic challenges. The corporation, with a team of three employees, plays a significant role in the city's economic development and small business promotion.


Is Bethlehem Economic Development Corporation legitimate?

Bethlehem Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethlehem Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Bethlehem Economic Development Corporation?
Who is the CEO of Bethlehem Economic Development Corporation?
What is the revenue of Bethlehem Economic Development Corporation?
Who are the executives of Bethlehem Economic Development Corporation and what are their salaries?
Where can I find the form 990 for Bethlehem Economic Development Corporation?

Mission Statement of Bethlehem Economic Development Corporation

The Bethlehem Economic Development Corporation, established under the Non-Profit Corporation Law of Pennsylvania, is dedicated to promoting economic growth and development in its area of operation. Its primary focus is on nurturing all business concerns, including small businesses, with a particular emphasis on manufacturing, industrial, research, and development enterprises. Additionally, the corporation aims to coordinate a unified downtown organization and retail strategy, and collaborate with federal, state, and local governmental and civic bodies to eliminate slums, blight, and blighting influences. The ultimate goal is to foster planning, redevelopment, and improvement of businesses in the City of Bethlehem, Lehigh, and Northampton Counties, Pennsylvania, with the aim of combating economic decline.

Impact

This information is meant to be a general summary of Bethlehem Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Bethlehem Economic Development Corporation plays a pivotal role in promoting the economic development of the City of Bethlehem. By focusing on assisting and fostering the growth of all types of businesses in the area, with a particular emphasis on manufacturing, industrial, and research enterprises, it contributes significantly to the overall economic vitality of the region. Additionally, the corporation works to eliminate slums, blight, and blighting influences in collaboration with various governmental and civic bodies, ensuring the city's continued growth and improvement. Through its strategic initiatives and coordinated efforts, the Bethlehem Economic Development Corporation effectively combats economic challenges and drives the enhancement of businesses in Bethlehem, Lehigh, and Northampton Counties, Pennsylvania.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,628
  • Program Service Revenue: $668,674
  • Gross Receipts: $675,302

    • Assets and Liabilities:
  • Total Assets: $2,009,089
  • Total Liabilities: $1,018,632
  • Net Assets: $990,457
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    AMBASSADORS PROGRAM

    Revenue

    $323,360

    SOUTH BETH MAIN ST INITIATIVE

    Revenue

    $108,662

    OTHER INCOME

    Revenue

    $90,216

    521 E. 4TH ST. BETHLEHEM PA

    Revenue

    $85,226

    KEYSTONE INNOVATION ZONE PROG

    Revenue

    $61,210

    Organization Details

    Founding Year

    1982

    Principal Officer

    Alicia Miller Karner

    Main Address

    10 EAST CHURCH STREET, BETHLEHEM, PA, 18018

    NTEE Category

    Code: S30 - Community improvement

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