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Lehigh Valley Economic Development Corporation

Public charity
DBA: DEVELOPMENT CORPORATION (LVEDC)
Community Development · BETHLEHEM, PA · EIN 23-2798276

About

The mission of the lehigh valley economic development corporation is to market the economic assets of the lehigh valley and to create partnerships to support the recruitment, growth and retention of employers, and the creation of jobs for people of ALL skill and education levels.

DBA Development Corporation (lvedc)

Donations are tax-deductible
Category
Community Development
Employees
16
Volunteers
37

Financial Snapshot

FY ending 2024-12-31
Revenue
$3.3M
Expenses
$3.3M
Assets
$5.9M
Liabilities
$2.3M

Financial history

$3.3M$1.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $3.3M · Avg: $3.1M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$42K
Grants Given
$32K
LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION
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Address

520 N New Street
Bethlehem, PA, 18018-579

Governance

Voting board members35
Independent members35
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer ↗
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IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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