Mission
TO PROVIDE LEADERSHIP IN ORDER TO STIMULATE INVESTMENTS AND COORDINATE PARTNERSHIPS TO FOSTER THE GROWTH OF JOBS AND ENHANCE THE QUALITY OF LIFE IN THE LOCAL TRI STATE AREA.
Public Charity
BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE
BUSINESS DEVELOPMENT CORPORATION OF THE NORTHERN PANHANDLE, of WEIRTON, WV, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.9M in revenue, $4.0M in expenses, $175.2M in total assets. 2 publicly reported grants to this organization, totaling roughly $30K, appear in IRS filings.
EIN: 550630721
WEIRTON, WV
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$4.9M
Total Expenses$4.0M
Total Assets$175.2M
Grant Records2
Funding Total$30K
Filing Years2019–2024
Where $100 goes at Business Development Corporation of the Northern Panhandle
How Business Development Corporation of the Northern Panhandle divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$95
Programs
the work itself
$5
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 $95 for programs
$79
To manage developed property in the northern panhandle of west virginia
$9
To promote economic development in the northern panhandle of west virginia
$7
To assess and remediate property in the northern panhandle of west virginia
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$10,000
WEIRTON CONFERENCE CENTER PROJECT
$20,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
Aj Thomas
EXECUTIVE DIRECTOR/SECRETARY
Anthony Clements
DIRECTOR
Becky Uhlly
DIRECTOR
Bob Reed
DIRECTOR
Chuck Bell
DIRECTOR
Dave Velegol
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.9M | $4.0M | $175.2M |
| 2023 | $7.2M | $3.2M | $68.6M |
| 2022 | $4.6M | $2.6M | $24.5M |
| 2020 | $2.8M | $2.6M | $12.1M |
| 2019 | $4.1M | $3.7M | $12.2M |
Between 2019 and 2024, reported annual revenue grew from $4.1M to $4.9M (+20%), with total assets most recently reported at $175.2M.
Interactive year-over-year charts and full filing details available with membership.