funder logo

CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION

CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION

Mechanicsburg, PA, US
501(c)3
EIN
20-2254486
Regional Funder
funder logo

CUMBERLAND AREA ECONOMIC DEVELOPMENT CORPORATION

Mechanicsburg, PA, US
501(c)3
EIN
20-2254486
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$4,461,407

Government Grants
90%
Investments
4%
Contributions
3%
Program Services
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$4,061,070

Salaries & Benefits
31%
Advertising & Promotion
28%
Grants
27%
Fees to Service Providers
4%
Offices, Occupancy & IT
4%
Other
4%
Depreciation
2%
Interest
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$160,086
$126,735
-21%
Government Grants
$2,684,800
$3,998,843
+49%
Fundraising Events
$0
$0
-
Program Services
$121,552
$104,183
-14%
Membership Dues
$0
$0
-
Investments
$147,067
$197,764
+34%
Other
$29,688
$33,882
+14%
Total Revenues
$3,143,193
$4,461,407
+42%
Expenses
2023
2024
Change
Grants
$36,000
$1,086,468
+2918%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,285,574
$1,263,730
-2%
Fees to Service Providers
$93,680
$155,398
+66%
Advertising & Promotion
$924,601
$1,150,437
+24%
Offices, Occupancy & IT
$308,801
$152,007
-51%
Interest
$8,015
$8,584
+7%
Depreciation
$11,732
$96,078
+719%
Other
$117,305
$148,368
+26%
Total Expenses
$2,785,708
$4,061,070
+46%
Net income
2023
2024
Change
Net income
+$357,485
+$400,337
+12%
Functional Expenses
Summary
2023
2024
Change
Program
$2,597,874
$3,879,483
+49%
Admin
$157,406
$152,878
-3%
Fundraising
$30,428
$28,709
-6%
Total Expenses
$2,785,708
$4,061,070
+46%
Income Statement
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)