Public Charity

INSTITUTE FOR ECONOMIC DEVELOPMENT

INSTITUTE FOR ECONOMIC DEVELOPMENT is a nonprofit organization categorized as Public Charity based in CHESTER, PA. Its most recent IRS filing (2025) reports revenue of $273K, expenses of $208K, total assets of $1.7M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $206K.

EIN: 232843207 CHESTER, PA Latest filing: 2025
Total Revenue$273K
Total Expenses$208K
Total Assets$1.7M
Grant Records7
Funding Total$206K
Filing Years2021–2025

Mission

THE INSTITUTE FOR ECONOMIC DEVELOPMENT, DBA RIVERFRONT ALLIANCE OF DELAWARE COUNTY (RADC), IS A CONSORTIUM OF PRIVATE SECTOR CORPORATIONS AND NON-PROFIT INSTITUTIONS THAT HAVE COME TOGETHER TO DEVELOP AND IMPLEMENT PROGRAMS AND ACTIVITIES DESIGNED TO COUNTER THE SOCIAL AND ECONOMIC CONDITIONS THAT RESULT FROM DISINVESTMENT IN THIS COMMUNITY. WITHIN THIS BROAD CONTEXT, RADC IS SPECIFICALLY COMMITTED TO UNDERTAKING A TARGETED MIX OF INNOVATIVE ECONOMIC DEVELOPMENT PROGRAMS AND ACTIVITIES FOCUSED ON THE PHYSICAL, ECONOMIC AND SOCIAL REVITALIZATION OF THE CITY OF CHESTER.

Sample Grants Received

FOUNDATION FOR DELAWARE COUNTY
2024
IMPACT GRANT - CORE OPERATING SUPPORT
$25,000
FOUNDATION FOR DELAWARE COUNTY
2023
IMPACT GRANT - CORE SUPPORT
$20,750
AGRONOMED FOUNDATION CORP
2022
EXPANSION AND IMPROVEMENT OF A COMMUNITY PARK
$50,715
FOUNDATION FOR DELAWARE COUNTY
2021
CHESTER WATERFRONT DEVELOPMENT
$50,000
FOUNDATION FOR DELAWARE COUNTY
2020
CHESTER WATERFRONT & NEIGHBORHOOD REVITALIZATION PROGRAM
$20,000

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

CHAIR/PRESIDENT Adam Kaliner
DIRECTOR AS OF 9/1/24 Cindy Thompson
DIRECTOR AS OF 12/1/24 Dr Latrice Mumin
VICE CHAIR/VICE PRESIDENT Dr Stacey Robertson
DIRECTOR Frances Sheehan
DIRECTOR Geoffrey Brandon

Officer compensation and complete director data available with membership.

Top Grant Purposes

EXPANSION AND IMPROVEMENT OF A COMMUNITY PARK
$50,715 1 grant
CHESTER WATERFRONT DEVELOPMENT
$50,000 1 grant
IMPACT GRANT - CORE OPERATING SUPPORT
$25,000 1 grant
IMPACT GRANT - CORE SUPPORT
$20,750 1 grant
CHESTER WATERFRONT & NEIGHBORHOOD REVITALIZATION PROGRAM
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $273K $208K $1.7M
2024 $730K $432K $1.6M
2023 $889K $1.2M $1.6M
2022 $961K $233K $1.6M
2021 $733K $411K $856K

Between 2021 and 2025, reported annual revenue declined from $733K to $273K (-63%), with total assets most recently reported at $1.7M.

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

See the full picture for INSTITUTE FOR ECONOMIC DEVELOPMENT

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