Mission
THE MISSION OF THE ORGANIZATION IS INSTITUTING A PROGRAM OF ACTIVITIES, WHICH WILL PROVIDE TECHNICAL ASSISTANCE FOR THE IMPROVEMENT AND REVITALIZATION OF THE UPTOWN SOMERSET BUSINESS DISTRICT.
Public Charity
SOMERSET INC
SOMERSET INC is a nonprofit organization categorized as Public Charity based in SOMERSET, PA. Its most recent IRS filing (2025) reports revenue of $633K, expenses of $473K, total assets of $1.4M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $79K.
EIN: 251721501
SOMERSET, PA
Community & Neighborhood Development
NTEE: S20
Latest filing: 2025
Total Revenue$633K
Total Expenses$473K
Total Assets$1.4M
Grant Records7
Funding Total$79K
Filing Years2021–2025
Where $100 goes at Somerset Inc
How Somerset Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$78
Programs
the work itself
$5
Management
running the organization
$17
Fundraising
raising the next dollar
Inside the $78 for programs
$78
1.Economic development: in 2024-2025 we spent 340k on economic development projects including the renovation of a historic anchor building, small business grants, home renovations, supporting low income housing…
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
COMMUNITY AND ECONOM
$8,829
TO SUPPORT THE KIWAN
$8,000
EMERGENCY PRESERVATI
$35,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
VICE CHAIRMA
Adam Kopp
MEMBER
Andy Gindlesperger
TREASURER
Brenda Fike
MEMBER
G Henry Cook
MEMBER
Jesper Nielsen
MEMBER
Justin Korns
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $633K | $473K | $1.4M |
| 2024 | $580K | $432K | $1.2M |
| 2023 | $515K | $348K | $1.1M |
| 2022 | $657K | $359K | $925K |
| 2021 | $557K | $200K | $627K |
Between 2021 and 2025, reported annual revenue grew from $557K to $633K (+14%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.