Economic Growth Connection Of Westmoreland

Organization Overview

Economic Growth Connection Of Westmoreland is located in Greensburg, PA. The organization was established in 1989. 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. As of 12/2021, Economic Growth Connection Of Westmoreland employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Economic Growth Connection Of Westmoreland 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, Economic Growth Connection Of Westmoreland generated $786.3k 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 (7.2%) each year. All expenses for the organization totaled $857.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Economic Growth Connection Of Westmoreland has awarded 14 individual grants totaling $247,665. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BUSINESS LEADERSHIP AND FINANCING - PROVIDE THE BUSINESS SECTOR LEADERSHIP TO DEVELOP BUSINESS OPPORTUNITIES AND FINANCING THAT CREATES AND RETAINS QUALITY JOBS IN WESTMORELAND COUNTY AND THE REGION. AS A LEADER, AND IN PARTNERSHIP WITH OTHERS,EGCW PROVIDES SUPPORT TO COUNTY COMPANIES TO HELP GROW & PROSPER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FINANCING ASSISTANCE IDENTIFY POTENTIAL SOURCES OF FUNDING AT THE LOCAL, STATE AND FEDERAL LEVELS AND STRUCTURING PROJECTS TO OBTAIN THE GREATEST AMOUNT OF LOW COST FINANCING. EGCW FACILITATES THE PROCESS FROM DUE DILIGENCE THROUGH CLOSING.


WORKFORCE DEVELOPMENT WORK COLLABORATIVELY WITH SCHOOL DISTRICTS, HIGHER EDUCATION, ECONOMIC DEVELOPMENT AND INDUSTRY PARTNERS TO DISCOVER AND IMPLEMENT NEW SOLUTIONS TO BETTER ALIGN EDUCATION WITH THE NEEDS OF REGIONAL EMPLOYMENT CLUSTERS.


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Board, Officers & Key Employees

Name (title)Compensation
James L Smith
President/ceo
$150,312
George App
Accountant
$52,429
Kevin Jansma
Chairman
$0
Peter Cooper
Vice Chairman
$0
Jason Rigone
Treasurer
$0
Michael Pauly
Secretary
$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$304,512
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$304,512
Total Program Service Revenue$244,275
Investment income $18,576
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $218,432
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 $786,289

Grants Awarded

Over the last fiscal year, Economic Growth Connection Of Westmoreland has awarded $247,665 in support to 14 organizations.

Grant RecipientAmount

DENNIS PUSKAR DBA JOHNATHAN MICHAELS BOUTIQ1UE

PURPOSE: COVID DISASTER

$21,000

LIGONIER CREAMERY INC

PURPOSE: COVID DISASTER

$21,000

WILLIAM M JONOS DBA ALLEGORY GALLERY

PURPOSE: COVID DISASTER

$21,000

JEM ENTERPRISES INC BRADY'S RESTAURANT

PURPOSE: COVID DISASTER

$21,000

LYNN D FERRARO DBA ARO ENTERPRISE INC

PURPOSE: COVID DISASTER

$21,000

M&M'S HAIR DESIGN INC

PURPOSE: COVID DISASTER

$21,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Economic Growth Connection Of Westmoreland has recieved totaling $62,500.

Awarding OrganizationAmount
Katherine Mabis Mckenna Foundation Inc

Latrobe, PA

PURPOSE: SPECIAL STUDY

$50,000
Katherine Mabis Mckenna Foundation Inc

Latrobe, PA

PURPOSE: GENERAL SUPPORT

$12,500
View Grant Recipient Profile

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