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Johnstown Area Regional Industries

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

EIN: 251254617 ✦ Johnstown, PA ✦ Designated as a 501(c)(3)

Overview

What is Johnstown Area Regional Industries?

Johnstown Area Regional Industries is a nonprofit organization, situated in an unspecified location, dedicated to stimulating job growth in the local area. They achieve this by allocating small business administration (SBA) loan funds to nearby businesses through the SBA microloan program. Furthermore, the organization receives grant funding from the SBA to offer technical assistance to these microloan recipients and prospective borrowers. To augment their efforts, JARI provides a cost-sharing grant to assist businesses in marketing and technical assistance, particularly those selling goods and services to the Department of Defense. In essence, Johnstown Area Regional Industries serves as a catalyst for business development and job creation in the community.


Official website here: www.jari.com

Is Johnstown Area Regional Industries legitimate?

Johnstown Area Regional Industries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johnstown Area Regional Industries 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: $341,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $425,919

For more financial information, click here


Official website here: www.jari.com

What is the mission statement of Johnstown Area Regional Industries?

Johnstown Area Regional Industries, as a organization, focuses on creating and sustaining employment opportunities within the local business sector. They accomplish this by providing Small Business Administration (SBA) loan funds to local businesses through the SBA microloan program. Furthermore, JARI utilizes grant funding from the SBA to offer technical assistance to microloan borrowers and potential borrowers. In addition, they provide a cost-sharing grant to assist businesses in marketing and technical assistance efforts, specifically for those selling goods and services to the Department of Defense.


Official website here: www.jari.com

Who is the CEO of Johnstown Area Regional Industries?

Linda Thomson is the Assistant Treasurer of Johnstown Area Regional Industries. The CEO's salary of Johnstown Area Regional Industries is $172,666 and their total compensation is $199,095.


Official website here: www.jari.com

What is the revenue of Johnstown Area Regional Industries?

Johnstown Area Regional Industries's revenue in 2022 was $1,565,309.


Official website here: www.jari.com

Who are the executives of Johnstown Area Regional Industries and what are their salaries?

The average compensation at Johnstown Area Regional Industries during 2022 was $54,824. There are 14 employees and 20 volunteers at Johnstown Area Regional Industries.

Here are 17 key members and their salaries (Johnstown Area Regional Industries's CEO's salary is $172,666 and their total compensation is $199,095):

    Linda Thomson (President, Ceo)
  • Compensation: $172,666
  • Related: $0
  • Other: $26,429

    • Michele Clapper (Vice President)
  • Compensation: $102,391
  • Related: $0
  • Other: $27,417

    • Brenda Fike (Cfo)
  • Compensation: $80,197
  • Related: $0
  • Other: $16,880

    • William Caldwell (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Glosser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Johnson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Locher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adam Murphy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy M Nielsen (Second Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Polacek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Stopko (First Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Winger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Kunkle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Mckeegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Nunez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Overdorff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jari.com

    Where can I find the form 990 for Johnstown Area Regional Industries?

    The Johnstown Area Regional Industries’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jari.com

    Learn more at the official website: www.jari.com

    Mission Statement of Johnstown Area Regional Industries

    Johnstown Area Regional Industries, a notable organization, is committed to creating and preserving employment opportunities in the community. They accomplish this mission by providing small business administration (SBA) loan funds to local businesses through the SBA microloan program. This program serves as a crucial financial resource, helping businesses grow and sustain their operations.

    In addition to offering loan funds, Johnstown Area Regional Industries also utilizes grant funding from the SBA. This grant money is used to provide technical assistance to microloan borrowers and potential borrowers. This assistance is invaluable, equipping businesses with the necessary tools and knowledge to navigate financial and operational challenges.

    Furthermore, Johnstown Area Regional Industries offers a cost-sharing grant to aid businesses selling goods and services to the Department of Defense. This grant assists these businesses with marketing and technical assistance, providing them with an extra boost in a competitive market. By supporting local businesses in this way, Johnstown Area Regional Industries contributes to the overall economic growth and stability of the community.

    Impact

    This information is meant to be a general summary of Johnstown Area Regional Industries. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Johnstown Area Regional Industries creates and maintains jobs through its small business administration (SBA) loan funds and grant programs. By providing financial support and technical assistance to area businesses, JARI plays a vital role in boosting economic development and job creation in the Johnstown area. Their initiatives not only help businesses thrive but also contribute to overall community improvement and prosperity.





    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: $44,680
  • Program Service Revenue: $290,709
  • Gross Receipts: $1,565,309

    • Assets and Liabilities:
  • Total Assets: $2,137,238
  • Total Liabilities: $971,827
  • Net Assets: $1,165,411
  • Programs

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

    FEE FOR SERVICE INCOME

    Revenue

    $194,528

    SHOWCASE SPONSORSHIPS

    Revenue

    $71,744

    MISCELLANEOUS INCOME

    Revenue

    $17,014

    SEMINAR INCOME

    Revenue

    $6,420

    SUBCRIPTION SERVICE IN

    Revenue

    $1,003

    Organization Details

    Founding Year

    1974

    Principal Officer

    Linda Thomson

    Main Address

    245 MARKET STREET, JOHNSTOWN, PA, 15901

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Johnstown Area Regional Industries 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.