Greater Reading Economic Partnershipi Nc in Reading, Pennsylvania (PA)

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Greater Reading Economic Partnershipi Nc
Employer Identification Number (EIN)470863420
Name of OrganizationGreater Reading Economic Partnershipi Nc
Address201 Penn St Ste 502, Reading, PA 19601-4082
SubsectionCharitable Organization
Ruling Date09/2003
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$500,000 to $999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$880,480
Amount of Income$1,033,101
Form 990 Revenue Amount$1,033,101
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2011: $1,033,101 (it was $876,737 in 2010)
Greater Reading Economic Partnershipi Nc: 

 $1,033,101
Other organizations performing similar types of work: 

 $152,071

Assets in 2011: $880,480 (it was $831,368 in 2010)
This organization: 

 $880,480
Other organizations performing similar types of work: 

 $145,197

Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$1,033,101
Contributions, Gifts, Grants and Other Similar Amounts$1,029,904
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$3,197
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$999,704
Compensation of current officers, directors, trustees, and key employees$312,021
Other salaries and wages$120,607
Payroll taxes$28,653
Professional fundraising services$0
Other$538,423
Balance Sheet (for 2011)
Total assets$880,480
Total liabilities$40,681
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$40,681
Total net assets or fund balances$839,799
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$5,780,334
Gifts, grants, contributions, and membership fees received$5,757,624
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$22,710
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Metropolitan Entertainment & Convention Authority455 N 10th St, Omaha, NE 68102-1151NE1997-12$42,811,850
2Structured Employment Economic Development Corporation915 Broadway Fl 17, New York, NY 10010-7116NY1977-01$36,186,581
3Columbus Downtown Development Corporation150 S Front St Ste 210, Columbus, OH 43215-7105OH2002-10$15,371,865
4Delaware River Waterfront Corporation121 N Columbus Blvd, Philadelphia, PA 19106-1403PA2009-10$12,707,512
5Lehigh Valley Economic Development Corporation2158 Avenue C Ste 200, Bethlehem, PA 18017-2148PA2001-10$2,809,067
6Bedford County Development Association1 Corporate Drive, Bedford, PA 15522-7983PA2004-08$1,466,048
7Ebenezer Development Corporation3702 Allendale Cir, Pittsburgh, PA 15204-1206PA2012-07$1,157,763
8Delaware River City Corporation5301 Tacony St Ste 215, Philadelphia, PA 19137-2309PA2005-06$1,041,234
9Clearfield County Economic Development Corporation511 Spruce Street, Clearfield, PA 16830-1923PA2000-07$809,191
10Hometown Development Corporation114 N Hanover Street, Carlisle, PA 17013-2463PA2001-02$33,269
11Greater Philadelphia Tourism Marketing Corporation30 S 17th Street, Philadelphia, PA 19103-4001PA1996-10$11,193,486
12Dauphin County Economic Development CorporationVeterans Building 112 Market Street, Harrisburg, PA 17101PA1998-08$4,324,288
13Pa Capital Regions Vacation Bureau, Hershey Capital Region Visitors Bur17 S 2nd Street, Harrisburg, PA 17101-2006PA1998-12$2,767,141
14Innovation Philadelphia Inc2600 Centre Sq W, Philadelphia, PA 19102-2115PA2002-06$2,465,342
15Cumberland Area Economic Development Corporation53 W South Street St 1, Carlisle, PA 17013-3458PA2005-10$2,136,410
16Pennsylvania Coal Alliance Inc212 N Third Street, Harrisburg, PA 17101-1505PA2004-01$2,054,559
17Economic Growth Connection Of Westmoreland40 N Pennsylvania Ave Ste 510, Greensburg, PA 15601-2342PA1989-09$1,820,733
18Idea Foundry4551 Forbes Ave Ste 200, Pittsburgh, PA 15213-3524PA2002-04$1,554,791
19Johnstown Area Regional Industries Inc245 Market St Ste 200, Johnstown, PA 15901-2910PA2011-09$1,488,967
20Butler Economic Development Corporation111 Woody Dr, Butler, PA 16001-7603PA2002-02$1,367,029
Number of organizations performing similar types of work
Alaska21
Alabama54
Arkansas25
Arizona31
California261
Colorado37
Connecticut34
District of Columbia26
Delaware6
Florida103
Georgia58
Hawaii25
Iowa53
Idaho11
Illinois91
Indiana71
Kansas41
Kentucky44
Louisiana61
Massachusetts41
Maryland40
Maine25
Michigan84
Minnesota44
Missouri82
Mississippi33
Montana31
North Carolina116
North Dakota10
Nebraska29
New Hampshire22
New Jersey49
New Mexico37
Nevada13
New York189
Ohio130
Oklahoma36
Oregon40
Pennsylvania158
Rhode Island5
South Carolina55
South Dakota31
Tennessee49
Texas152
Utah16
Virginia56
Vermont15
Washington43
Wisconsin56
West Virginia33
Wyoming15
International9
Total2,797

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