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Lehigh Valley Economic Development Corporation (Lvedc)

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

EIN: 232798276 ✦ Bethlehem, PA ✦ Designated as a 501(c)(3)

Overview

What is Lehigh Valley Economic Development Corporation (Lvedc)?

The Lehigh Valley Economic Development Corporation (Lvedc) is a dedicated nonprofit organization situated in Bethlehem, Pennsylvania. Its primary mission involves marketing the economic strengths of the Lehigh Valley region, fostering partnerships, and supporting the growth and retention of businesses across various sectors. The corporation aims to create job opportunities for individuals at all skill and education levels. By recruiting target companies, Lvedc promotes an economically prosperous environment. Additionally, it provides essential data and intelligence about the local economy, striving to strengthen public-private partnerships for sustainable economic growth. With a team of 16 dedicated professionals, Lvedc plays a crucial role in the region's economic development.


Official website here: www.lehighvalley.org

Is Lehigh Valley Economic Development Corporation (Lvedc) legitimate?

Lehigh Valley Economic Development Corporation (Lvedc) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lehigh Valley Economic Development Corporation (Lvedc) 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: $850,361
Professional Fundraising Fees: $0
Other Salaries and Wages: $812,813

For more financial information, click here


Official website here: www.lehighvalley.org

What is the mission statement of Lehigh Valley Economic Development Corporation (Lvedc)?

The Lehigh Valley Economic Development Corporation (Lvedc) is dedicated to promoting the economic assets of a particular region. Its primary objective is to establish partnerships that facilitate the recruitment, expansion, and retention of employers across various skill and education levels, thereby creating job opportunities. The organization plays a significant role in marketing the region's economic strengths, attracting companies in targeted sectors, and supporting the growth and sustainability of existing businesses. Additionally, Lvedc works on fostering a skilled and prepared workforce, providing intelligence and data on the local economy, and expanding collaborative partnerships for economic growth.


Official website here: www.lehighvalley.org

Who is the CEO of Lehigh Valley Economic Development Corporation (Lvedc)?

Donald T Cunningham Jr is the Board Member of Lehigh Valley Economic Development Corporation (Lvedc). The CEO's salary of Lehigh Valley Economic Development Corporation (Lvedc) is $107,337 and their total compensation is $121,894.


Official website here: www.lehighvalley.org

What is the revenue of Lehigh Valley Economic Development Corporation (Lvedc)?

Lehigh Valley Economic Development Corporation (Lvedc)'s revenue in 2022 was $3,199,006.


Official website here: www.lehighvalley.org

Who are the executives of Lehigh Valley Economic Development Corporation (Lvedc) and what are their salaries?

The average compensation at Lehigh Valley Economic Development Corporation (Lvedc) during 2022 was $103,948. There are 16 employees and 32 volunteers at Lehigh Valley Economic Development Corporation (Lvedc).

Here are 37 key members and their salaries (Lehigh Valley Economic Development Corporation (Lvedc)'s CEO's salary is $107,337 and their total compensation is $121,894):

    Donald T Cunningham Jr (President/Ceo)
  • Compensation: $260,907
  • Related: $0
  • Other: $32,583

    • Jaime M Whalen (Exec Vp & Chief Of Staff)
  • Compensation: $138,993
  • Related: $0
  • Other: $24,407

    • Karianne Gelinas (Vp Of Reg Ptps & Talent Strategies)
  • Compensation: $127,202
  • Related: $0
  • Other: $23,481

    • George Lewis (Special Asst To President/Ceo)
  • Compensation: $107,337
  • Related: $0
  • Other: $14,557

    • Kristin Cahayla-Hoffman (Vp Of Bus Dvlpmt & Attraction)
  • Compensation: $101,843
  • Related: $0
  • Other: $19,052

    • Paul Anthony (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Phillips Armstrong (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Bernhard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ann D Bieber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gunnar Brunius (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Dan Hartzell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kassie Hilgert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Hoff (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Silvia A Hoffman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Anthony Iannelli (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Landsburg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Larkin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard G Larson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Kevin Lott (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Lamont Mcclure (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele Mcgrath (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Mcwilliams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Michaels (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raymond Midlam (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Sal Panto Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephanie Raymond (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable J William Reynolds (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Tina Q Richardson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julien Sauvagnargues (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Loren Speziale (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carolyn Stennett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Honorable Matt Tuerk (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • R Scott Unger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Dougherty (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neal Koplin (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Brown (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Mccarthy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lehighvalley.org

    Where can I find the form 990 for Lehigh Valley Economic Development Corporation (Lvedc)?

    The Lehigh Valley Economic Development Corporation (Lvedc)’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lehighvalley.org

    Learn more at the official website: www.lehighvalley.org

    Mission Statement of Lehigh Valley Economic Development Corporation (Lvedc)

    The Lehigh Valley Economic Development Corporation (LVEDC) is committed to promoting the economic assets of a specific region and fostering partnerships to support the recruitment, growth, and retention of employers. This nonprofit organization strives to create job opportunities for individuals of various skill and education levels. To achieve its mission, LVEDC markets the economic potential of the area, attracts companies in targeted sectors, assists in the expansion and retention of existing businesses, and promotes a skilled and prepared workforce. LVEDC also provides valuable intelligence and data on the local economy and works to expand public and private partnerships for economic growth. Overall, the Lehigh Valley Economic Development Corporation plays a critical role in driving economic development and creating employment opportunities in the region.

    Impact

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




    Thursday, August 15, 2024

    Lehigh Valley Economic Development Corporation (LVEDC) plays a crucial role in marketing the economic assets of the Lehigh Valley and creating partnerships to support the recruitment, growth, and retention of employers. By focusing on targeted economic sectors, supporting existing employers, and advocating for a skilled workforce, LVEDC actively contributes to job creation and economic growth in the region. Additionally, through its provision of economic data and facilitation of public-private partnerships, LVEDC helps expand opportunities for economic development.





    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: $4,899
  • Program Service Revenue: $283,045
  • Gross Receipts: $3,213,937

    • Assets and Liabilities:
  • Total Assets: $6,009,502
  • Total Liabilities: $2,546,535
  • Net Assets: $3,462,967
  • Programs

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

    ECONOMIC DEVELOPMENT

    Revenue

    $283,045

    Organization Details

    Founding Year

    1995

    Principal Officer

    Donald T Cunningham Jr

    Main Address

    520 N NEW STREET, BETHLEHEM, PA, 18018

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Lehigh Valley Economic Development Corporation (Lvedc) and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.