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 Latest filing: 2024
Total Revenue$4.9M
Total Expenses$4.0M
Total Assets$175.2M
Grant Records2
Funding Total$30K
Filing Years2019–2024

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.

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

WEIRTON CONFERENCE CENTER PROJECT
$20,000 1 grant
COMMUNITY IMPROVEMENT & CAPACITY BUILDING
$10,000 1 grant

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.

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