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Greater Reading Chamber & Economic Development Corporation

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

EIN: 814279395 ✦ Reading, PA ✦ Designated as a 501(c)(3)

Overview

What is Greater Reading Chamber & Economic Development Corporation?

Greater Reading Chamber & Economic Development Corporation, situated in Reading, Pennsylvania, is a nonprofit organization with a mission to serve the local business community and drive economic growth in Berks County. By combining the management and coordination of activities and resources from GBDF and GRCCI, they aim to foster business support and economic development. Their efforts encompass a range of services, including the management and enhancement of resources to bolster the local economy. With a dedicated workforce of 24 individuals, Greater Reading Chamber & Economic Development Corporation plays an integral role in the prosperity of Berks County businesses.


Official website here: www.greaterreading.org

Is Greater Reading Chamber & Economic Development Corporation legitimate?

Greater Reading Chamber & Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Reading Chamber & 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: $251,569
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,452,890

For more financial information, click here


Official website here: www.greaterreading.org

What is the mission statement of Greater Reading Chamber & Economic Development Corporation?

The Greater Reading Chamber & Economic Development Corporation's mission is centered around serving businesses in Berks County. Their goal is to foster economic development and growth by effectively managing and coordinating activities and resources from two organizations, GBDF and GRCCI. This collaborative approach aims to provide comprehensive business support, contributing to the overall growth and prosperity of Berks County's economy.


Official website here: www.greaterreading.org

Who is the CEO of Greater Reading Chamber & Economic Development Corporation?

James Gerlach is the Chair of Greater Reading Chamber & Economic Development Corporation. The CEO's salary of Greater Reading Chamber & Economic Development Corporation is $236,734 and their total compensation is $251,569.


Official website here: www.greaterreading.org

What is the revenue of Greater Reading Chamber & Economic Development Corporation?

Greater Reading Chamber & Economic Development Corporation's revenue in 2022 was $2,843,001.


Official website here: www.greaterreading.org

Who are the executives of Greater Reading Chamber & Economic Development Corporation and what are their salaries?

The average compensation at Greater Reading Chamber & Economic Development Corporation during 2022 was $71,019. There are 24 employees and 18 volunteers at Greater Reading Chamber & Economic Development Corporation.

Here are 21 key members and their salaries (Greater Reading Chamber & Economic Development Corporation's CEO's salary is $236,734 and their total compensation is $251,569):

    James W Gerlach (Ceo) [Trustee/Director]
  • Compensation: $236,734
  • Related: $0
  • Other: $14,835

    • Debra Millman (Vp Of Development)
  • Compensation: $154,134
  • Related: $0
  • Other: $21,272

    • Sara Stewart (Cfo)
  • Compensation: $152,672
  • Related: $0
  • Other: $15,230

    • Daniel R Langdon (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ernest J Choquette (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey R Rush (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael A Duff (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan D Looney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Stump (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamey Maack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy D Romig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Haffner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David C Roland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John H Gallen Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John P Weidenhammer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michele L Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Rye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregg A Bogia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christina L Weeber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • David W Stonesifer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greaterreading.org

    Where can I find the form 990 for Greater Reading Chamber & Economic Development Corporation?

    The Greater Reading Chamber & Economic Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.greaterreading.org

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

    Mission Statement of Greater Reading Chamber & Economic Development Corporation

    The Greater Reading Chamber & Economic Development Corporation is committed to serving the businesses of Berks County, with a primary focus on fostering economic development and growth. They achieve this by coordinating and managing the activities and resources of two key organizations: the Greater Berks Development Fund (GBDF) and the Greater Reading Chamber of Commerce & Industry (GRCCI). This collective effort aims to support local businesses and contribute to the economic growth of the region. By successfully managing and coordinating these resources, the Greater Reading Chamber & Economic Development Corporation plays a significant role in bolstering the economic landscape of Berks County.

    Impact

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




    Saturday, July 20, 2024

    The Greater Reading Chamber & Economic Development Corporation plays a vital role in fostering economic development and growth in Berks County. By managing and coordinating activities and resources aimed at supporting businesses in the region, this organization facilitates the creation of opportunities for local businesses to thrive. Its impact extends beyond the business community, contributing to the overall improvement of the community as a whole. Through its efforts, the Greater Reading Chamber & Economic Development Corporation actively supports the sustainable growth and prosperity of Berks County, 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: $3,880
  • Program Service Revenue: $1,899,514
  • Gross Receipts: $2,843,001

    • Assets and Liabilities:
  • Total Assets: $2,690,976
  • Total Liabilities: $270,543
  • Net Assets: $2,420,433
  • Programs

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

    MANAGEMENT FEE - PAYRO

    Revenue

    $1,417,970

    MANAGEMENT FEE - ADMIN

    Revenue

    $376,544

    ADMIN FEES

    Revenue

    $105,000

    Organization Details

    Founding Year

    2017

    Principal Officer

    James Gerlach

    Main Address

    606 COURT ST, READING, PA, 19601

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Greater Reading Chamber & Economic Development Corporation 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.