Public Charity

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC)

LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION (LVEDC) is a nonprofit organization categorized as Public Charity based in BETHLEHEM, PA. Its most recent IRS filing (2024) reports revenue of $3.3M, expenses of $3.3M, total assets of $5.9M. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $580K.

EIN: 232798276 BETHLEHEM, PA Latest filing: 2024
Total Revenue$3.3M
Total Expenses$3.3M
Total Assets$5.9M
Grant Records22
Funding Total$580K
Filing Years2020–2024

Mission

THE MISSION OF THE LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS TO MARKET THE ECONOMIC ASSETS OF THE LEHIGH VALLEY AND TO CREATE PARTNERSHIPS TO SUPPORT THE RECRUITMENT, GROWTH AND RETENTION OF EMPLOYERS, AND THE CREATION OF JOBS FOR PEOPLE OF ALL SKILL AND EDUCATION LEVELS.

Officers & Directors

BOARD MEMBER Adam Galczynski
BOARD MEMBER Alex Michaels
BOARD MEMBER Carolyn Stennett
TREASURER Chris Brown
BOARD MEMBER Christine Martin
SECRETARY Dan Mccarthy

Officer compensation and complete director data available with membership.

Top Grant Purposes

ECONOMIC DEVELOPMENT IN LEHIGH VALLEY, PA
$233,500 8 grants
GENERAL SUPPORT
$130,000 6 grants
Unspecified
$114,338 2 grants
COMMUNITY DEVELOPMENT GRANT
$50,000 1 grant
PROGRAM SUPPORT
$22,500 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $3.3M $3.3M $5.9M
2023 $3.3M $3.1M $6.1M
2022 $3.2M $3.1M $6.0M
2021 $6.0M $5.0M $3.9M
2020 $4.9M $4.8M $2.7M

Between 2020 and 2024, reported annual revenue declined from $4.9M to $3.3M (-32%), with total assets most recently reported at $5.9M.

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

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