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Business Development Corporation Of The Northern Panhandle

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

EIN: 550630721 ✦ Weirton, WV ✦ Designated as a 501(c)(3)

Overview

What is Business Development Corporation Of The Northern Panhandle?

The Business Development Corporation of the Northern Panhandle is a nonprofit organization situated in Weirton, West Virginia. With a mission to stimulate investments and coordinate partnerships, their primary goal is to foster the growth of jobs and enhance the overall quality of life in the local tri-state area. They manage developed properties in the Northern Panhandle of West Virginia and serve as a catalyst for collaboration, aiming to drive development and improvement within their community. With a team of six dedicated individuals, they provide leadership and foster partnerships in an effort to promote economic growth and community well-being.


Official website here: www.bhbdc.com

Is Business Development Corporation Of The Northern Panhandle legitimate?

Business Development Corporation Of The Northern Panhandle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Development Corporation Of The Northern Panhandle 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: $114,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.bhbdc.com

What is the mission statement of Business Development Corporation Of The Northern Panhandle?

The Business Development Corporation of the Northern Panhandle serves as a leading entity, aiming to stimulate investments and facilitate partnerships within its local tri-state area. Its primary objective is to foster the growth of job opportunities and enhance the overall quality of life in this region. The corporation provides leadership in coordinating partnerships, thereby contributing significantly to the local economic development. Essentially, its mission is geared towards stimulating investment and job creation, ultimately improving the living standards of the community.


Official website here: www.bhbdc.com

Who is the CEO of Business Development Corporation Of The Northern Panhandle?

C William D'Alesio is the Chairman of Business Development Corporation Of The Northern Panhandle.


Official website here: www.bhbdc.com

What is the revenue of Business Development Corporation Of The Northern Panhandle?

Business Development Corporation Of The Northern Panhandle's revenue in 2022 was $4,644,626.


Official website here: www.bhbdc.com

Who are the executives of Business Development Corporation Of The Northern Panhandle and what are their salaries?

The average compensation at Business Development Corporation Of The Northern Panhandle during 2022 was $19,000. There are 6 employees at Business Development Corporation Of The Northern Panhandle.

Here are 20 key members and their salaries:

    Marvin Six (Executive Director)
  • Compensation: $114,000
  • Related: $0
  • Other: $0

    • William D'Alesio (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Manypenny (1St Vice And Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Frankovitch (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aj Thomas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Cowey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luke Myers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Paolo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Reed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Becky Uhlly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Maguschak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Franjoine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Puskarich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Weigel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Flora Perrone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Kemp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Paprocki (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Quattrocchi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Velegol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bhbdc.com

    Where can I find the form 990 for Business Development Corporation Of The Northern Panhandle?

    The Business Development Corporation Of The Northern Panhandle’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bhbdc.com

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

    Mission Statement of Business Development Corporation Of The Northern Panhandle

    The Business Development Corporation of the Northern Panhandle plays a crucial role in its area by providing leadership. This organization's mission is geared towards stimulating investments and coordinating partnerships. The ultimate goal is to foster the growth of jobs and enhance the quality of life within the local tri-state area. By taking on this role, the Business Development Corporation of the Northern Panhandle aims to catalyze economic growth and improvement in the region. Additionally, the corporation manages developed property within the Northern Panhandle of West Virginia. This aspect of their work ensures that they are directly involved in the local development scene, contributing to the physical infrastructure of the area as well.

    Impact

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




    Saturday, July 20, 2024

    The Business Development Corporation Of The Northern Panhandle plays a crucial role in stimulating investments, coordinating partnerships, and fostering job growth in the local Tri-State area. By providing leadership and managing developed property in the Northern Panhandle of West Virginia, they contribute to enhancing the quality of life for residents. Through their efforts, they drive community improvement and work towards creating a more prosperous and vibrant region.





    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: $383,002
  • Program Service Revenue: $2,895,715
  • Gross Receipts: $4,644,626

    • Assets and Liabilities:
  • Total Assets: $24,515,891
  • Total Liabilities: $18,666,644
  • Net Assets: $5,849,247
  • Programs

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

    LEASE INCOME

    Revenue

    $2,848,984

    PROPERTY MANAGEMENT FE

    Revenue

    $46,731

    Organization Details

    Founding Year

    1983

    Principal Officer

    C William D'Alesio

    Main Address

    324A PENCO ROAD, WEIRTON, WV, 26062

    NTEE Category

    Code: S30 - Community improvement

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