LEHIGH VALLEY ECONOMIC INVESTMENT CORP Charity Report

Public IRS 990 nonprofit record

LEHIGH VALLEY ECONOMIC INVESTMENT CORP

EIN 23-6296874 · Professional Athletic Leagues (N80)

What they do

LEHIGH VALLEY ECONOMIC INVESTMENT CORPORATION FUNCTIONS to FINANCE THE EXPANSION and RELOCATION of BUSINESS WITHIN LEHIGH and NORTHAMPTON COUNTIES BY ACTING AS AN INTERMEDIARY BETWEEN EQUITABLE OWNERS and FINANCIAL INSTITUTIONS AND/OR CERTAIN PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING PROGRAMS AND/OR RELATED ENTITIES INCLUDING, BUT NOT LIMITED TO, THE PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY and THE SMALL BUSINESS FIRST FUND.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $81.00 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 leaders11 people are listed in the latest report.

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

Money made simple

39.16%of revenue went to mission work81.0% of expenses · Program services

$48.36spent for every $100 of revenueRevenue covered expenses this year.

9.20%of revenue went to management and office costs19.0% of expenses

$19.12in assets for every $1 spent this yearSome assets cannot be spent right away.

14.6%of its money came from giftsOther money may come from services or investments.

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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.

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$184,405

Mission workProgram services$72,21439.16% of revenue81.0% of expenses

ManagementOffice and general costs$16,9649.20% of revenue19.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$95,22751.64% of revenueShown in gray on the chart

Total expenses$89,17848.36% 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: 81.0% mission · 19.0% management · 0.0% fundraisingTotal expenses: 48.36% of revenue

2023Expense mix: 77.1% mission · 22.9% management · 0.0% fundraisingTotal expenses: 53.29% of revenue

2022Expense mix: 80.9% mission · 19.1% management · 0.0% fundraisingTotal expenses: 72.60% of revenue

2021Expense mix: 65.7% mission · 34.3% management · 0.0% fundraisingTotal expenses: 87.26% of revenue

2020Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 95.01% of revenue

2019Expense mix: 61.0% mission · 39.0% management · 0.0% fundraisingTotal expenses: 80.45% of revenue

2018Expense mix: 68.1% mission · 31.9% management · 0.0% fundraisingTotal expenses: 74.15% of revenue

2017Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 122.67% of revenue

Money in and money out

Revenue$184,405

Expenses$89,178

Annual surplus $95,227 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)$72,214 · 81.0% of expenses

Management and office costs$16,964 · 19.0% of expenses

See all reported dollar amounts

Revenue$184,405

Expenses$89,178

Assets$1,704,717

Income$184,405

Contributions$27,000

Mission work (program services)$72,214

Grants given$50,000

Average grant$50,000

Management and general$16,964

Accounting fees$6,300

People

Leadership and board

Tax year 2024

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

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (11)

ABIGAIL MARTIN2ND VICE PRESIDENT

BRIAN COOKVICE PRESIDENT

CHRIS PERSICHETTITREASURER

CHRISTOPHER J BROWNPRESIDENT

DAVID KUPRESDIRECTOR

DONALD T CUNNINGHAM JRDIRECTOR

JOHN BLOYSDIRECTOR

JOSHUA GRICESECRETARY

KEITH BACHMANASSISTANT TREASURER

ROBERT MINEODIRECTOR

TARA SILFIESASSISTANT SECRETARY

About this charity

Recognized since: January 1962
Location: 520 NORTH NEW STREET, BETHLEHEM, PA 18018-5795
County: Northampton
In care of: CHRISTOPHER J BROWN
Primary officer: CHRISTOPHER J BROWN, PRESIDENT

How to reach them

Phone(610) 266-6775

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CAMPBELL RAPPOLD & YURASITS LLP
NTEE classification: Professional Athletic Leagues (N80)
IRS tax category: Professional Athletic Leagues
Grant-giving organization: Yes