GREATER READING ECONOMIC PARTNERSHIP Charity Report

Public IRS 990 nonprofit record

GREATER READING ECONOMIC PARTNERSHIP

EIN 47-0863420 · Economic Development

What they do

GREATER READING ECONOMIC PARTNERSHIPS (GREP) MISSION is to LEAD REGIONAL EFFORTS to ATTRACT, RETAIN, and GROW BUSINESS and to MARKET BERKS COUNTY AS A COMPETITIVE and ATTRACTIVE LOCATION for BUSINESS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $61.20 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 2018The report may be old. Ask for a newer one.

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

They name their leaders33 people are listed in the latest report.

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

Money made simple

62.88%of revenue went to mission work61.2% of expenses · Program services

$102.78spent for every $100 of revenueSpending was higher than revenue this year.

39.90%of revenue went to management and office costs38.8% of expenses

$1.05in assets for every $1 spent this yearSome assets cannot be spent right away.

94.8%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.

Worth asking: Expenses exceeded revenue by $27,912 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $17,483 for PAMELA SHUPP (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 2018

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$1,005,322

Mission workProgram services$632,12262.88% of revenue61.2% of expenses

ManagementOffice and general costs$401,11239.90% of revenue38.8% of expenses

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

Total expenses$1,033,234102.78% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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

2018CurrentExpense mix: 61.2% mission · 38.8% management · 0.0% fundraisingTotal expenses: 102.78% of revenue

2017Expense mix: 71.5% mission · 28.5% management · 0.0% fundraisingTotal expenses: 92.40% of revenue

2016Expense mix: 87.3% mission · 11.2% management · 1.4% fundraisingTotal expenses: 98.06% of revenue

Money in and money out

Revenue$1,005,322

Expenses$1,033,234

Annual shortfall $27,912 Expenses were higher than revenue 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)$632,122 · 61.2% of expenses

Management and office costs$401,112 · 38.8% of expenses

See all reported dollar amounts

Revenue$1,005,322

Expenses$1,033,234

Assets$1,088,657

Income$1,005,322

Contributions$953,054

Mission work (program services)$632,122

Management and general$401,112

Executive compensation (total)$238,563

People

Leadership and board

Tax year 2018

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

People reported as paid

Person and titleCompensation

PAMELA SHUPPPRESIDENT · 40 hrs/week $17,483Base · Other $17,483

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 (33)

PAMELA SHUPPPRESIDENT

JUDD MEINHARTDIRECTOR

JOHN WEIDNHAMMERDIRECTOR

LIZ STERNERDIRECTOR

MARCELINO COLONDIRECTOR

MICHAEL FISCHETTIDIRECTOR

MICHAEL KAUTTERDIRECTOR

MICHELE RICHARDSDIRECTOR

MIKE DUFFDIRECTOR

MIKE MALINOWSKIDIRECTOR

PETE CONNORSDIRECTOR

PETER RYEDIRECTOR

ROGER HEASLEYDIRECTOR

STEVE WILLEMSDIRECTOR

SUSAN LOONEYDIRECTOR

TERRY MAENZADIRECTOR

TIM DIETRICHDIRECTOR

ALAN SHUMANDIRECTOR

JOHN MORAHANDIRECTOR

JOHN MASSARODIRECTOR

JOHN GALLENDIRECTOR

JOE BUTTODIRECTOR

JERRY KAHLDIRECTOR

JACK HOYDIRECTOR

ERIC SCHIPPERSDIRECTOR

DAVID LEINBACHDIRECTOR

DAVID BYRNEDIRECTOR

DAN AHERNDIRECTOR

BILL GAGEDIRECTOR

BILL DEFALCODIRECTOR

BARRY WENTZELDIRECTOR

BARRY SCHLOUCHDIRECTOR

BARBARA PATTISONDIRECTOR

About this charity

Location: 606 COURT ST, READING, PA 19601
County: Berks
In care of: PAMELA SHUPP
Primary officer: PAMELA SHUPP, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@GreaterReading.org Phone(610) 376-6766

Filing and classification

Latest tax year: 2018
Tax period began: January 1, 2018
Return type: 990
Tax preparer: RKL LLP
IRS tax category: Economic Development