Overview

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Est.

1985

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The St Marys Area Economic Development Corporation, identified by EIN 25-1499253, is dedicated to promoting and sustaining economic development in the St. Marys, PA service region. With an operating budget of $150.6K and total revenue of $85.9K for the 2024 filing year, the organization relies on diverse funding sources, including a notable contribution of $541.4K from an unknown funder, indicating that it does not depend on a single source for more than 50% of its revenue.

Mission Statement

TO PROMOTE AND SUSTAIN ECONOMIC DEVELOPMENT IN THE ST. MARYS, PA SERVICE REGION.
Revenues
$85.9K
Expenses
$150.6K
Net Income:
-$64.7K
Assets
$1.1M
Liabilities
$186.8K
Net Assets:
+$865.9K
Operating Budget
$150.6K
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
1
Median grant size
$10K
Largest grant received
$10K
M
Michael Haines
Board Member
A
Andrew Nedzinski
Board Member
J
James Babcock
Board Member

Frequently Asked Questions

What is ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION’s budget?
In 2024, ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION reported an annual operating budget of around $151 thousand. More detailed financial information is available to registered users.
What causes does ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION support?
ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION supports work in Economic development.
Where does ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION operate?
ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION is headquartered in St. Marys, PA.
Who funded ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION recently?
In 2014, ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION received grants from COMMUNITY FOUNDATION OF THE NORTHERN ALLEGHENIES and COMMUNITY FOUNDATION OF THE NORTHERN ALLEGHENIES. More information on this organization’s funders is available to registered users.
What is the largest grant ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION received in 2014?
The largest grant to ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION in 2014 exceeds $10 thousand.
What is ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION’s reliance on government grants?
ST MARYS AREA ECONOMIC DEVELOPMENT CORPORATION relied on government grants for more than 5% of their total revenue in 2024.