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CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
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CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
Mechanicsburg, PA, US
•
501(c)3
•
EIN
20-2254486
•
WWW.CUMBERLANDBUSINESS.COM
•
Regional Funder
CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION
Sign up to claim this org
Mechanicsburg, PA, US
•
501(c)3
•
EIN
20-2254486
•
WWW.CUMBERLANDBUSINESS.COM
•
Regional Funder
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Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$9,996,336
Cash & Equivalents
51%
Other Assets
22%
Receivables (Non-Related)
22%
Property, Plant, & Equipment (net)
4%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Inventories
0%
Investments
0%
Liabilities in
2024
(Year End)
$2,124,020
Notes Payable / Debt (Non-Related)
56%
Other Liabilities
20%
Grants Payable
17%
Payables & Accruals
7%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$4,846,501
$5,083,572
+5%
Receivables (Non-Related)
$1,801,419
$2,232,673
+24%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$18,609
$5,080
-73%
Investments
-
-
-
Property, Plant, & Equipment (net)
$455,362
$428,888
-6%
Other Assets
$2,194,465
$2,246,123
+2%
Total Assets
$9,316,356
$9,996,336
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$172,399
$158,361
-8%
Grants Payable
$25,537
$354,545
+1288%
Deferred Revenue
$324
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$1,159,745
$1,193,682
+3%
Related-Party Payables
-
-
-
Other Liabilities
$486,372
$417,432
-14%
Total Liabilities
$1,844,377
$2,124,020
+15%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$7,471,979
$7,872,316
+5%
Net assets
2023
2024
Change
Net assets
+$7,471,979
+$7,872,316
+5%
Balance Sheet
