Overview

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Est.

1961

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Lehigh Valley Economic Investment Corp is an economic development agency certified by the Pennsylvania Department of Community and Economic Development, dedicated to financing the expansion and relocation of businesses in Lehigh and Northampton counties. With an operating budget of $89.2K and total revenue of $184.4K for the filing year 2024, the organization relies significantly on a single funder, which contributes approximately 92% of its revenue.

Mission Statement

AN ECONOMIC DEVELOPMENT AGENCY CERTIFIED THROUGH THE PENNSYLVANIA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT AND FUNCTIONS TO FINANCE THE EXPANSION AND/OR RELOCATION OF BUSINESSES WITHIN LEHIGH AND NORTHAMPTON COUNTIES BY ACTING AS AN INTERMEDIARY BETWEEN EQUITABLE OWNERS, FINANCIAL INSTITUTIONS AND/OR THE COMMONWEALTH OF PENNSYLVANIA.
Revenues
$184.4K
Expenses
$89.2K
Net Income:
+$95.2K
Assets
$1.7M
Liabilities
$574.2K
Net Assets:
+$1.1M
Operating Budget
$89.2K
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$27K
Largest grant received
$27K
C
Chris Persichetti
Board Member
K
Keith Bachman
Board Member
C
Christopher J Brown
Board Member

Frequently Asked Questions

What is LEHIGH VALLEY ECONOMIC INVESTMENT CORP’s budget?
In 2024, LEHIGH VALLEY ECONOMIC INVESTMENT CORP reported an annual operating budget of around $89 thousand. More detailed financial information is available to registered users.
What causes does LEHIGH VALLEY ECONOMIC INVESTMENT CORP support?
LEHIGH VALLEY ECONOMIC INVESTMENT CORP supports work in Economic development.
Where does LEHIGH VALLEY ECONOMIC INVESTMENT CORP operate?
LEHIGH VALLEY ECONOMIC INVESTMENT CORP is headquartered in Bethlehem, PA.
Who funded LEHIGH VALLEY ECONOMIC INVESTMENT CORP recently?
In 2024, LEHIGH VALLEY ECONOMIC INVESTMENT CORP received grants from LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC), LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC), and LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC). More information on this organization’s funders is available to registered users.
What is the largest grant LEHIGH VALLEY ECONOMIC INVESTMENT CORP received in 2024?
The largest grant to LEHIGH VALLEY ECONOMIC INVESTMENT CORP in 2024 exceeds $27 thousand.