Organizations Filed Purposes:
TO ASSIST ST, MARYS AREA BUSINESSES AND INDUSTRIES WITH THEIR FINANCIAL MEANS TO GROW AND SUSTAIN THEIR BUSINESS. TO PROVIDE ASSISTANCE TO BUSINESS AND INDUSTRY IN THE ST. MARYS SERVICE REGION THROUGH LOW INTEREST LOAN PROGRAMS, CREATED TO PROMOTE ECONOMIC GROWTH WITHIN THE GREATER COMMUNITY.
TO PROMOTE AND SUSTAIN ECONOMIC DEVELOPMENT IN THE ST. MARYS, PA SERVICE REGION.
THE EDC IS ORGANIZED FOR THE PURPOSE OF ENCOURAGING ECONOMIC GROWTH THROUGH ASSISTANCE TO BUSINESSESTHAT WISH TO LOCATE OR REMAIN IN THE AREA IN AN EFFORT TO EXPAND THE JOB BASE AND CREATE NEW JOBS. TO THAT END, THE EDC OPERATES A REVOLVING LOAN FUND WHICH PROVIDES LOW-COST LOANS TO BUSINESSES THAT WISH TOEXPAND OR LOCATE IN THE AREA. THEY ALSO ACT AS AN EXEMPT FLOW-THROUGH ENTITY FOR THE FEDERAL, STATE, ANDLOCAL GOVERNMENTS TO USE TO FACILITATE THE DISTRIBUTION OF EXPANSION GRANT FUNDS TO AREA BUSINESSES. THESEPROGRAMS SERVE APPROXIMATELY 30,000 PEOPLE IN THE AREA.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Joseph Haines | BOARD MEMBER | 1 | $0 |
| Victor C Straub | BOARD MEMBER | 1 | $0 |
| Rob O'Leary | BOARD MEMBER | 1 | $0 |
| Drew Nedzinski | BOARD MEMBER | 1 | $0 |
| James F Babcock | BOARD MEMBER | 1 | $0 |
| Rodney Anderson | BOARD MEMBER | 1 | $0 |
| Eric C Wolfe | VICE PRESIDENT | 1 | $0 |
| Jerome Cotter | PRESIDENT | 1 | $0 |
| Valerie J Weis | EXECUTIVE DIRECTOR | 25 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202043209349301929_public.xml