ALLENTOWN ECONOMIC DEVELOPMENT CORPORATION
905 HARRISION ST, ALLENTOWN, PA 18103 www.allentownedc.com

Total Revenue
$1,730,835
Total Expenses
$1,694,481
Net Assets
$23,164,691

Organizations Filed Purposes: TO PROACTIVELY IDENTIFY, ENCOURAGE, AND DEVELOP BUSINESS OPPORTUNITIES FOR THE LEHIGH VALLEY.

PROPERTY MANAGEMENT: MAINTAINING OF OLDER INDUSTRIAL BUILDINGS AND ATTRACTING MANUFACTURERS TO OPERATE FROM AN URBAN LOCATION. THIS IN TURN IS A SUSTAINABLE WAY OF UTILIZING INDUSTRIAL SPACE WHICH CREATES GROWTH OPPORTUNITIES FOR THE CITY AND JOBS FOR ITS RESIDENTS. IN ADDITION, MAINTAIN OTHER PROPERTIES THAT WERE DEVELOPED ON VACANT AND BLIGHTED AREAS AND HELP OLDER PROPERTY MAINTENANCE WHICH HOUSE NON-PROFITS BENEFITING THE RESIDENTS OF THE CITY OF ALLENTOWN.

DEVELOPMENT PROJECTS: DEVELOPMENT OF ACQUIRED PROPERTIES THAT WERE EITHER BLIGHTED OR UNDERUTILIZED. CREATE NEW JOBS AND FURTHER ECONOMIC DEVELOPMENT BY GETTING THESE PROPERTIES TO A SUSTAINABLE USE.

INCUBATION: ENCOURAGING AND FOSTERING THE DEVELOPMENT OF ECONOMIC GROWTH THROUGH THE ESTABLISHMENT AND MAINTENANCE OF A SMALL BUSINESS INCUBATOR FACILITY WHERE NEW AND GROWING BUSINESSES OPERATE UNDER ONE ROOF WITH LOW COST RENTAL, SHARED SERVICES AND EQUIPMENT, AND ACCESS TO PROFESSIONAL, TECHNICAL AND FINANCIAL PROGRAMS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
R Scott UngerEXECUTIVE DIRECTOR40$119,353
James K HarbaughDIRECTOR1$0
Susan E YoungsDIRECTOR1$0
Frank KaneDIRECTOR1$0
Daryl HendricksDIRECTOR1$0
Leonard LightnerDIRECTOR1$0
Matthew B GreenTREASURER1$0
Jane P LongDIRECTOR1$0
Robert M EpiscopoDIRECTOR1$0
Edward RomaDIRECTOR1$0
Don CunninghamDIRECTOR1$0
John G EnglessonSECRETARY1$0
Donald M BernhardCHAIRMAN1$0
Vincent TallaricoVICE CHAIRMAN1$0
Ray O'ConnelDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202121029349300762_public.xml