Overview

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Est.

1994

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

The Chester County Economic Development Foundation Inc is a nonprofit organization focused on urban development and community improvement, dedicated to engaging in training and educational activities related to economic development. With an operating budget of $2.9 million and total revenue of $3 million for the filing year 2025, the foundation works to retain and expand businesses while improving economic conditions in economically depressed areas. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

ENGAGING IN TRAINING AND EDUCATIONAL ACTIVITIES PERTAINING TO ECONOMIC DEVELOPMENT. SERVICES INCLUDE EFFORTS TO RETAIN AND EXPAND BUSINESSES, WORKFORCE ETC. AND ALSO TO IMPROVE ECONOMIC CONDITIONS IN ECONOMICALLY DEPRESSED AREAS.
Revenues
$3M
Expenses
$2.9M
Net Income:
+$72.5K
Assets
$3.8M
Liabilities
$2M
Net Assets:
+$1.8M
Operating Budget
$2.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
5
Median grant size
$25K
Largest grant received
$87.7K
R
R Stanley Schuck
Board Member
T
Tim Phelps
Board Member
R
Robert F Fischer Cpa
Board Member

Frequently Asked Questions

What is CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC’s budget?
In 2025, CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC reported an annual operating budget of around $2.9 million. More detailed financial information is available to registered users.
What causes does CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC support?
CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC supports work in Community improvement and Urban development.
Where does CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC operate?
CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC is headquartered in Exton, PA.
Who funded CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC recently?
In 2025, CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC received grants from AMERICAN ONLINE GIVING FOUNDATION INC, CHESTER COUNTY HOSPITAL, and Justamere Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC received in 2024?
The largest grant to CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC in 2024 exceeds $88 thousand.
What is CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC’s reliance on government grants?
CHESTER COUNTY ECONOMIC DEVELOPMENT FOUNDATION INC relied on government grants for more than 85% of their total revenue in 2025.