Dauphin County Economic Development Corporation
- Assets
- $8.4m
- Revenue
- $10.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Harrisburg, PA
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 25-1607082
Organization Overview
Dauphin County Economic Development Corporation is located in Harrisburg, PA. The organization was established in 1998. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Dauphin County Economic Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dauphin County Economic Development Corporation generated $10.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $8.1m during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Dauphin County Economic Development Corporation has awarded 29 individual grants totaling $56,036,074. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PARTNER IN REAL ESTATE DEVELOPMENT PROJECTS AND TO CHANNEL GRANT FUNDING TO COMMUNITIES AND ORGANIZATIONS IN NEED OF COMMUNITY AND ECONOMIC DEVELOPMENT ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF TOURISM AND COMMUNITY AND ECONOMIC DEVELOPMENT WITH HOTEL TAX REVENUES.
COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM AND SECTION 108
COVID-10 HOSPITALITY INDUSTRY RECOVERY FUNDING
HOME LOAN PROGRAM AMERICAN RESCUE PLAN ACT FUNDS OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Steck Chairman | OfficerTrustee | 2 | $0 |
Patricia Kuharic Vice Chairwo | OfficerTrustee | 2 | $0 |
Catherine Wilshbach Secretary | OfficerTrustee | 1 | $0 |
Frank Scofield Assistant Se | OfficerTrustee | 1 | $0 |
Karen Smeltz Treasurer | OfficerTrustee | 2 | $0 |
Doug Brown Deputy Direc | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Susquehanna Accounting & Consulting Solutions Inc Accounting | 12/30/20 | $134,372 |
Grosser Excavating Construction | 12/30/20 | $112,300 |
Dauphin County Admin/various | 12/30/20 | $520,110 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,960,168 |
| 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 | $9,960,168 |
| Total Program Service Revenue | $238,765 |
| Investment income | $7,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $10,449,757 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,108,426 |
| Grants and other assistance to domestic individuals. | $3,513,466 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $25,000 |
| Fees for services: Legal | $2,218 |
| Fees for services: Accounting | $24,263 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,712 |
| Advertising and promotion | $128,266 |
| Office expenses | $274 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,575 |
| Interest | $55,575 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,041 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $8,138,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,454 |
| Savings and temporary cash investments | $5,593,110 |
| Pledges and grants receivable | $209,355 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,213,325 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,254,347 |
| Total assets | $8,424,591 |
| Accounts payable and accrued expenses | $500,663 |
| Grants payable | $0 |
| Deferred revenue | $1,634,308 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,674,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $63,010 |
| Total liabilities | $3,871,981 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $4,834,285 |
| Paid-in or capital surplus, or land, building, or equipment fund | -$281,675 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,424,591 |
Grants Awarded
Over the last fiscal year, Dauphin County Economic Development Corporation has awarded $4,108,426 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MULTIPLE PURPOSE: CDBG | $2,546,408 |
MULTIPLE PURPOSE: TOURISM 1% | $1,029,031 |
MULTIPLE PURPOSE: HOME | $341,019 |
MULTIPLE PURPOSE: ARPA | $191,968 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Dauphin County Economic Development Corporation has recieved totaling $255,000.
| Awarding Organization | Amount |
|---|---|
Independence Blue Cross Foundation Philadelphia, PA PURPOSE: EXPANSION TO 10 ADDITIONAL LOCATIONS FOR CATE MOBILE COVID-19 TESTING AND EDUCATION FOR LATINX AND HISPANIC POPULATIONS | $125,000 |
Independence Blue Cross Foundation Philadelphia, PA PURPOSE: COVID | $100,000 |
Independence Blue Cross Foundation Philadelphia, PA PURPOSE: CATE MOBILE RESPONSE UNIT, EVENT ONE | $10,000 |
Independence Blue Cross Foundation Philadelphia, PA PURPOSE: CATE MOBILE RESPONSE UNIT, EVENT ONE | $10,000 |
Independence Blue Cross Foundation Philadelphia, PA PURPOSE: CATE MOBILE RESPONSE UNIT, EVENT ONE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Insitech Inc Warren, NJ | $450,270 | $14,466,949 |
The Convention And Visitors Bureau Of Greater Cleveland Inc Cleveland, OH | $25,296,918 | $17,425,666 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Columbus Downtown Development Corporation Columbus, OH | $118,710,723 | $12,117,471 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |
Riverfront Development Corporation Of Delaware Wilmington, DE | $140,150,021 | $1,670,893 |
East Baltimore Development Inc Baltimore, MD | $12,751,192 | $30,262,944 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Montgomery County Economic Development Corporation Rockville, MD | $2,827,028 | $7,933,113 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |