Public Charity

CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL

CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL is a Public Charity headquartered in EXTON, PA. Financial data from the 2025 filing: $12.5M revenue, $11.6M expenses, $21.6M total assets. 15 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 231576225 EXTON, PA Latest filing: 2025
Total Revenue$12.5M
Total Expenses$11.6M
Total Assets$21.6M
Grant Records15
Funding Total$1.2M
Filing Years2021–2025

Mission

TO FOSTER ECONOMIC GROWTH IN CHESTER COUNTY, PA BY PROVIDING MEANS TO LOW INTEREST FINANCING FOR NEW AND EXISTING BUSINESSES, SITE SELECTION ASSISTANCE, GRANT MANAGEMENT AND OTHER SERVICES.

Where $100 goes at Chester County Economic Development Council

How Chester County Economic Development Council divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Various low-interest state financing programs to qualified businesses
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
ECONOMIC DEVELOPMENT IN CHESTER COUNTY, PA
$131,250
2023
ECONOMIC DEVELOPMENT IN CHESTER COUNTY, PA
$100,000
2023
ECONOMIC DEVELOPMENT AND SUPPORTING GROWING BUSINESSES
$92,402
2023
ORGANIZATION SUPPORT
$25,000
2022
ECONOMIC DEVELOPMENT IN CHESTER COUNTY, PA
$225,000

Showing up to 5 of 15 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Albert D Fuller
BOARD MEMBER Anand Solanki
BOARD MEMBER Annette F Favorite
HONORARY DIRECTOR Arthur A Bernardon Aia
EX-OFFICIO A Steven Krug
BOARD MEMBER Bettina Tweardy Riveros Jd

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$1,133,399 13 grants
General Support
$25,000 1 grant
Unspecified
$38,450 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.5M $11.6M $21.6M
2024 $10.4M $9.4M $14.1M
2023 $4.8M $4.1M $13.4M
2022 $4.0M $4.0M $5.1M
2021 $4.7M $4.5M $5.1M

Between 2021 and 2025, reported annual revenue grew from $4.7M to $12.5M (+168%), with total assets most recently reported at $21.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CHESTER COUNTY ECONOMIC DEVELOPMENT COUNCIL

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