ALTOONA-BLAIR COUNTY DEVELOPMENT CORP Charity Report

Public IRS 990 nonprofit record

ALTOONA-BLAIR COUNTY DEVELOPMENT CORP

EIN 25-1143641 · Community Improvement & Capacity Building (S400)

What they do

to ENSURE BLAIR COUNTY is THE BEST and MOST COMPETITIVE COMMUNITY IT CAN BE SO WE CAN ATTRACT and RETAIN TALENT, INVESTMENT, and JOB OPPORTUNITIES for FUTURE GENERATIONS to COME.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.60 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 2025The charity has a recent tax report to read.

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

They name their leaders34 people are listed in the latest report.

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

Money made simple

80.56%of revenue went to mission work90.6% of expenses · Program services

$88.88spent for every $100 of revenueRevenue covered expenses this year.

8.32%of revenue went to management and office costs9.4% of expenses

$19.37in assets for every $1 spent this yearSome assets cannot be spent right away.

34.4%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 $188,500 for STEPHEN MCKNIGHT (PRESIDENT & CEO). 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 2025

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$6,733,762

Mission workProgram services$5,424,96180.56% of revenue90.6% of expenses

ManagementOffice and general costs$560,1648.32% of revenue9.4% of expenses

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

Revenue left after expensesReported annual surplus$748,63711.12% of revenueShown in gray on the chart

Total expenses$5,985,12588.88% 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

2025CurrentExpense mix: 90.6% mission · 9.4% management · 0.0% fundraisingTotal expenses: 88.88% of revenue

2024Expense mix: 91.0% mission · 9.0% management · 0.1% fundraisingTotal expenses: 102.65% of revenue

2023Expense mix: 91.8% mission · 8.2% management · 0.0% fundraisingTotal expenses: 96.45% of revenue

2022Expense mix: 92.2% mission · 7.7% management · 0.1% fundraisingTotal expenses: 18.73% of revenue

2021Expense mix: 95.6% mission · 4.4% management · 0.0% fundraisingTotal expenses: 146.85% of revenue

2020Expense mix: 95.5% mission · 4.3% management · 0.1% fundraisingTotal expenses: 151.45% of revenue

2019Expense mix: 96.5% mission · 3.3% management · 0.2% fundraisingTotal expenses: 147.02% of revenue

2018Expense mix: 92.6% mission · 6.8% management · 0.5% fundraisingTotal expenses: 150.79% of revenue

Money in and money out

Revenue$6,733,762

Expenses$5,985,125

Annual surplus $748,637 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)$5,424,961 · 90.6% of expenses

Management and office costs$560,164 · 9.4% of expenses

See all reported dollar amounts

Revenue$6,733,762

Expenses$5,985,125

Assets$115,906,832

Income$8,300,944

Contributions$2,318,789

Mission work (program services)$5,424,961

Management and general$560,164

People

Leadership and board

Tax year 2025

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

People reported as paid

Person and titleCompensation

STEPHEN MCKNIGHTPRESIDENT & CEO · 40 hrs/week $188,500

TOM SEASOLTZCHIEF FINANCIAL OFFICER · 40 hrs/week $166,500

MATTHEW FOXDIRECTOR OF BUSINESS EXPAN · 40 hrs/week $135,500

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 (34)

STEPHEN MCKNIGHTPRESIDENT & CEO

TOM SEASOLTZCHIEF FINANCIAL OFFICER

MATTHEW FOXDIRECTOR OF BUSINESS EXPAN

NICOLE ZERNICKDIRECTOR

KIRSTEN STRATTONDIRECTOR

MARK RITCHEY2ND VICE CHAIR

MATT PACIFICODIRECTOR

MICHAEL DELGROSSODIRECTOR

MIKE CORSODIRECTOR

MIKE SETTIMIOSECRETARY

NICHOLAS GATESDIRECTOR

JOSH BARNHARTDIRECTOR

PHILIP FREEMANASSISTANT SECRETARY/TREASU

RICHARD FIORE JRDIRECTOR

RON DARBEAUDIRECTOR

RON MCCONNELCHAIRMAIN

TROY CAMPBELLTREASURER

DEREK COUGHENOURDIRECTOR

ANDREA COHENDIRECTOR

ANN BENZEL1ST VICE CHAIR

BO PRATTDIRECTOR

BOB BILGERDIRECTOR

BRAD HATCHDIRECTOR

BRIAN IRWINDIRECTOR

BRUNO DEGOL IIIDIRECTOR

DAN HOOVERASSISTANT SECRETARY/TREASU

ADAM WARDDIRECTOR

FRANK MONTECALVODIRECTOR

JEFF LONGDIRECTOR

JOE DIAMONDDIRECTOR

JOHN HORELLDIRECTOR

JOHN RUSSELLDIRECTOR

JOSEPH SHEETZASSISTANT SECRETARY/TREASU

JOSH BAKERDIRECTOR

About this charity

Recognized since: January 1999
Location: 3900 INDUSTRIAL PARK DRIVE, ALTOONA, PA 16602
County: Blair
In care of: STEPHEN MCKNIGHT
Primary officer: STEPHEN MCKNIGHT, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Phone(814) 944-6113

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: YOUNG OAKES BROWN & COMPANY PC
NTEE classification: Community Improvement & Capacity Building (S400)
IRS tax category: Civic and Social Organizations