BEN FRANKLIN TECHNOLOGY PARTNERS NE PA Charity Report

Public IRS 990 nonprofit record

BEN FRANKLIN TECHNOLOGY PARTNERS NE PA

EIN 23-2517422 · Community Improvement & Capacity Building (S300)

What they do

OUR MISSION is to PROMOTE, SUSTAIN and INVEST IN THE TRANSFORMATION of OUR REGIONAL ECONOMY THROUGH INNOVATION and PARTNERING. WE BUILD LONG-TERM RELATIONSHIPS WITH OUR CLIENTS BY APPLYING EXPERTISE, CREATIVITY, and FOCUSED RESOURCES to ADDRESS BUSINESS CHALLENGES. AS THE COMMONWEALTHS TECHNOLOGY LEADER, WE LEVERAGE OUR CREDIBILITY and DISTINCTIVENESS to PROMOTE HIGH-VALUE BUSINESS GROWTH and ECONOMIC DEVELOPMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.55%of revenue went to mission work86.8% of expenses · Program services

0.13%of revenue went to fundraising0.1% of expenses

$97.43spent for every $100 of revenueRevenue covered expenses this year.

12.74%of revenue went to management and office costs13.1% of expenses

$6.19in assets for every $1 spent this yearSome assets cannot be spent right away.

54.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $379,655 for ANGELO J VALLETTA (CEO/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,833,708

Mission workProgram services$10,005,70584.55% of revenue86.8% of expenses

ManagementOffice and general costs$1,507,86212.74% of revenue13.1% of expenses

FundraisingAsking for donations$15,8680.13% of revenue0.1% of expenses

Revenue left after expensesReported annual surplus$304,2732.57% of revenueShown in gray on the chart

Total expenses$11,529,43597.43% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.8% mission · 13.1% management · 0.1% fundraisingTotal expenses: 97.43% of revenue

2023Expense mix: 86.7% mission · 13.2% management · 0.1% fundraisingTotal expenses: 118.13% of revenue

2022Expense mix: 84.4% mission · 15.3% management · 0.2% fundraisingTotal expenses: 115.97% of revenue

2021Expense mix: 75.0% mission · 24.9% management · 0.2% fundraisingTotal expenses: 64.10% of revenue

2020Expense mix: 84.0% mission · 15.8% management · 0.2% fundraisingTotal expenses: 80.37% of revenue

2019Expense mix: 84.8% mission · 15.1% management · 0.1% fundraisingTotal expenses: 129.88% of revenue

2018Expense mix: 82.7% mission · 17.1% management · 0.2% fundraisingTotal expenses: 87.34% of revenue

2017Expense mix: 67.1% mission · 32.7% management · 0.2% fundraisingTotal expenses: 44.49% of revenue

Money in and money out

Revenue$11,833,708

Expenses$11,529,435

Annual surplus $304,273 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,005,705 · 86.8% of expenses

Management and office costs$1,507,862 · 13.1% of expenses

Fundraising$15,868 · 0.1% of expenses

See all reported dollar amounts

Revenue$11,833,708

Expenses$11,529,435

Assets$71,421,350

Income$27,821,461

Contributions$6,482,493

Mission work (program services)$10,005,705

Fundraising$15,868

Grants given$4,982,271

Average grant$18,385

Management and general$1,507,862

Executive compensation (total)$798,038

Stocks and bonds$30,618,253

Accounting fees$39,785

Investing fees$220,720

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANGELO J VALLETTACEO/PRESIDENT · 40 hrs/week $379,655Base $353,545 · Other $26,110

KATHY ANN MINNICHEVP/CAO/CFO/TREASURER/SECY · 40 hrs/week $256,900Base $226,666 · Other $30,234

WAYNE BARZCIO/ASST TREASURER/ASST SECY · 40 hrs/week $204,163Base $174,527 · Other $29,636

KENNETH OKREPKIEREGIONAL MGR POCONO · 40 hrs/week $148,203Base $136,873 · Other $11,330

MELANIE KOHLERCHIEF TECHNOLOGY OFFICER · 40 hrs/week $141,931Base $134,637 · Other $7,294

LAURA LAWRENCEDIR. OF COMPLIANCE/RISK/ORG DE · 40 hrs/week $120,723Base $104,608 · Other $16,115

NATHANIEL URBANBOARD MEMBER · 2 hrs/week $53,362Base · Other $53,362

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

ANGELO J VALLETTACEO/PRESIDENT

KATHY ANN MINNICHEVP/CAO/CFO/TREASURER/SECY

WAYNE BARZCIO/ASST TREASURER/ASST SECY

KENNETH OKREPKIEREGIONAL MGR POCONO

MELANIE KOHLERCHIEF TECHNOLOGY OFFICER

LAURA LAWRENCEDIR. OF COMPLIANCE/RISK/ORG DE

NATHANIEL URBANBOARD MEMBER

ERIC SCHNABELBOARD MEMBER

GLEN BRESSNERBOARD MEMBER

JACQUELINE HOLLENBACHBOARD MEMBER

JAN HELLERBOARD CHAIRMAN

DR JILL MURRAYBOARD MEMBER

DAVID VAWDREYBOARD MEMBER

KENNETH P GUITOBOARD MEMBER

PATRICIA JOHNSONBOARD MEMBER

PHILIP CROWLEY ESQBOARD MEMBER

R CHADWICK PAUL JRBOARD MEMBER

ROBERT OSTERBOARD MEMBER

BARBARA LAMPEVICE CHAIRMAN

About this charity

Recognized since: January 1989
Location: 116 RESEARCH DRIVE PLAZA LEVEL, BETHLEHEM, PA 18015-0000
County: Northampton
In care of: % JAMES MCMANUS
Primary officer: JAMES MCMANUS, DIR. FIN./TREASURER

How to reach them

WebsiteVisit the charity’s website Emailkokrepkie@nep.benfranklin.org Phone(610) 758-5200

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PWC US TAX LLP
NTEE classification: Community Improvement & Capacity Building (S300)
IRS tax category: Civic and Social Organizations
Grant-giving organization: Yes