Public Charity

ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION

ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION is a nonprofit organization categorized as Public Charity based in ALLENTOWN, PA. Its most recent IRS filing (2025) reports revenue of $3.8M, expenses of $3.9M, total assets of $12.1M. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $334K.

EIN: 232101393 ALLENTOWN, PA Small Business Development NTEE: S43 Latest filing: 2025
Total Revenue$3.8M
Total Expenses$3.9M
Total Assets$12.1M
Grant Records8
Funding Total$334K
Filing Years2021–2025

Mission

TO PROACTIVELY IDENTIFY, ENCOURAGE, MANAGE AND DEVELOP STRATEGIC BUSINESS OPPORTUNITIES FOR THE BENEFIT OF ALLENTOWN, ITS CITIZENS, AND THE LEHIGH VALLEY.

Where $100 goes at Allentown Economic Development Corporation

How Allentown Economic Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 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 $76 for programs

$55
Property management
73% of program spending
$10
Incubation
12% of program spending
$7
Development projects
10% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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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
COMMUNITY & ECONOMIC DEVELOPMENT
$30,000
2024
BUSINESS AND TECHNICAL ASSISTANCE
$7,500
2024
DONOR DESIGNATED FOR GENERAL SUPPORT
$6,000
2023
COMMUNITY & ECONOMIC DEVELOPMENT
$10,000
2023
BUSINESS AND TECHNICAL ASSISTANCE
$7,500

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

DIRECTOR Dan Quay
DIRECTOR Daryl Hendricks
DIRECTOR David Quier
CHAIRMAN Donald M Bernhard
DIRECTOR Don Cunningham
DIRECTOR Edward Roma

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$62,500 5 grants
General Support
$21,000 2 grants
Unspecified
$250,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $3.8M $3.9M $12.1M
2024 $1.7M $2.2M $11.2M
2023 $-13.9M $2.0M $14.6M
2022 $2.2M $1.9M $29.3M
2021 $1.7M $1.9M $28.6M

Between 2021 and 2025, reported annual revenue grew from $1.7M to $3.8M (+121%), with total assets most recently reported at $12.1M.

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

See the full picture for ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION

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