LAUREL HILL DEVELOPMENT CORPORATION
1040 EBERLY WAY NO 200, LEMONT FURNACE, PA 15456

Total Revenue
$58,041
Total Expenses
$228,489
Net Assets
$11,055,427

Organizations Filed Purposes: LAUREL HILL DEVELOPMENT CORPORATION WAS FORMED TO ADVANCE, PROMOTE AND SUPPORT THE CHARITABLE PURPOSES OF FAY-PENN ECONOMIC DEVELOPMENT COUNCIL(FAY-PENN EDC), AN EXEMPT ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OF THE INTERNAL REVENUE CODE, BY PROMOTING INDUSTRIAL DEVELOPMENT IN FAYETTE COUNTY, PENNSYLVANIA, AND SOUTHWESTERN PENNSYLVANIA AND BY HOLDING CASH AND INVESTMENT INCOME TO SUPPORT THE MISSION OF FAY-PENN EDC. THE ORGANIZATION INITIALLY MAINTAINED AND OPERATED 26 MILES OF A RAIL LINE LOCATED IN FAYETTE COUNTY, PA NECESSARY FOR FPEDC TO PROMOTE THE INDUSTRIAL DEVELOPMENT OF THE AREA.

LAUREL HILL DEVELOPMENT CORPORATION (FORMERLY FAY-PENN INDUSTRIAL DEVELOPMENT CORPORATION) SOLD THE RAIL LINE IN FAYETTE COUNTY TO THE SHORTLINE OPERATOR, SOUTHWEST PENNSYLVANIA RAILROAD. ALTHOUGH NO LONGER THE RAIL OWNER, LAUREL HILL DEVELOPMENT CONTINUED ITS SUPPORT OF RAIL SERVICE BY APPLYING FOR AND/OR ADMINISTERING GRANTS TO SUPPORT VARIOUS RAIL IMPROVEMENTS.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Michael Jordan JrPAST - VICE PRESIDENT5$0
Robert SharkCURRENT - VICE PRESIDENT5$0
George RattayASSISTANT SECRETARY1$0
Rusty SmalleyDIRECTOR1$0
William B BlaneyTREASURER1$0
Stephen NeubauerPRESIDENT1$0
James FoutzSECRETARY1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201522219349300002_public.xml