Cumberland Valley Regional Development Corporation

Organization Overview

Cumberland Valley Regional Development Corporation is located in Chambersburg, PA. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cumberland Valley Regional Development Corporation is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Cumberland Valley Regional Development Corporation generated $3.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (43.7%) each year. All expenses for the organization totaled $107.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FACILITATE ECONOMIC DEVELOPMENT IN THE CUMBERLAND VALLEY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PURCHASE, DEVELOPMENT AND SALE OF LAND FOR INDUSTRIAL DEVELOPMENT


PURCHASE, DEVELOPMENT AND SALE OF LAND FOR INDUSTRIAL DEVELOPMENT


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Board, Officers & Key Employees

Name (title)Compensation
John Helman
Treasurer
$0
Jim Hill
Secretary
$0
Mickey Nye
President
$0
Lane Thrush
Vice Preside
$0
Andy Barnes
Director
$0
Edwin Martin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $6
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,600
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,606

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