Moshannon Valley Economic Development Partnership Inc

Philipsburg, PA
Tax-exempt since July 1948
EIN: 25-6063511

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Type of Nonprofit

Designated as a 501(c)(4) Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.

Donations to this organization are not tax deductible.

Revenue

$977k (2024)

Expenses

$798k (2024)

Total Assets

$4.78M (2024)

Total Liabilities

$104k (2024)

Years with multiple filings

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Nov.
2024

Revenue

$977,049

Expenses

$798,298

Net Income

$178,751

Net Assets

$4,676,136

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$89,968	9.2%
Program Services	$29,241	3.0%
Investment Income	$77,403	7.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$743,473	76.1%
Net Fundraising	$0
Sales of Assets	$35,833	3.7%
Net Inventory Sales	$0
Other Revenue	$1,131	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$331,160	41.5%

Assets/Debt
Total Assets	$4,779,723
Total Liabilities	$103,587
Net Assets	$4,676,136

Compensation

Key Employees and Officers	Compensation	Related	Other
Bill Jones (Director)	$0	$0	$0
Dr Robert Steward Jr (Director)	$0	$0	$0
John Shimko (Director)	$0	$0	$0
Rusty Christoff (Director)	$0	$0	$0
Josiah Jones (Director)	$0	$0	$0
Jeff Herr (Director)	$0	$0	$0
Steven Lyncha (Director)	$0	$0	$0
Dustin Minarchick (President)	$0	$0	$0
Karen Blair (1 St Vice President)	$0	$0	$0
Wanda Ryen (Vice President)	$0	$0	$0
Gene Wardo (Vice President)	$0	$0	$0
Eric White (Treasurer)	$0	$0	$0
Robert Maltais (Assistant Treasurer)	$0	$0	$0
Bryan Bennett (Immediate President)	$0	$0	$0

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990

Filed on March 18, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Nov.
2023

Revenue

$730,810

Expenses

$838,948

Net Income

-$108,138

Net Assets

$4,466,132

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$16,690	2.3%
Program Services	$36,861	5.0%
Investment Income	$62,795	8.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$621,382	85.0%
Net Fundraising	$0
Sales of Assets	-$33,315
Net Inventory Sales	$0
Other Revenue	$26,397	3.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$323,640	38.6%

Assets/Debt
Total Assets	$4,581,028
Total Liabilities	$114,896
Net Assets	$4,466,132

Compensation

Key Employees and Officers	Compensation	Related	Other
Bill Jones (Director)	$0	$0	$0
Dr Robert Steward Jr (Director)	$0	$0	$0
John Shimko (Director)	$0	$0	$0
Rusty Christoff (Director)	$0	$0	$0
Josiah Jones (Director)	$0	$0	$0
Jeff Herr (Director)	$0	$0	$0
Robert Maltais (Director)	$0	$0	$0
Steven Lyncha (Director)	$0	$0	$0
Dustin Minarchick (President)	$0	$0	$0
Karen Blair (1 St Vice President)	$0	$0	$0
Wanda Ryen (Vice President)	$0	$0	$0
Gene Wardo (Vice President)	$0	$0	$0
Jim Pollock (Treasurer)	$0	$0	$0
Eric White (Assistant Treasurer)	$0	$0	$0
Bryan Bennett (Immediate President)	$0	$0	$0

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990

Filed on March 4, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Nov.
2022

Revenue

$858,749

Expenses

$715,389

Net Income

$143,360

Net Assets

$4,583,389

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$25,940	3.0%
Program Services	$32,566	3.8%
Investment Income	$64,111	7.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$540,591	63.0%
Net Fundraising	$0
Sales of Assets	$195,541	22.8%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$320,348	44.8%

Assets/Debt
Total Assets	$5,300,487
Total Liabilities	$717,098
Net Assets	$4,583,389

Compensation

Key Employees and Officers	Compensation	Related	Other
Bill Jones (Director)	$0	$0	$0
Dr Robert Steward Jr (Director)	$0	$0	$0
John Shimko (Director)	$0	$0	$0
Rusty Christoff (Director)	$0	$0	$0
Josiah Jones (Director)	$0	$0	$0
Jeff Herr (Director)	$0	$0	$0
Robert Maltais (Director)	$0	$0	$0
Steven Lyncha (Director)	$0	$0	$0
Dustin Minarchick (President)	$0	$0	$0
Karen Blair (1 St Vice President)	$0	$0	$0
Wanda Ryen (Vice President)	$0	$0	$0
Gene Wardo (Vice President)	$0	$0	$0
Jim Pollock (Treasurer)	$0	$0	$0
Eric White (Assistant Treasurer)	$0	$0	$0
Bryan Bennett (Immediate President)	$0	$0	$0

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990

Filed on Oct. 6, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Nov.
2021

Revenue

$545,095

Expenses

$616,426

Net Income

-$71,331

Net Assets

$4,618,442

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$22,380	4.1%
Program Services	$31,801	5.8%
Investment Income	$86,837	15.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$430,277	78.9%
Net Fundraising	$0
Sales of Assets	-$26,200
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$101,236	16.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$262,090	42.5%

Assets/Debt
Total Assets	$4,801,301
Total Liabilities	$182,859
Net Assets	$4,618,442

Compensation

Key Employees and Officers	Compensation	Related	Other
Stan Lafuria (Executive Director)	$101,236	$0	$0
Dr Karen Blair (Vice President)	$0	$0	$0
Wanda Ryen (Vice President)	$0	$0	$0
Brian Bennet (President)	$0	$0	$0
Dustin Minarchick (Vice President)	$0	$0	$0
Laura Koshko (Treasurer)	$0	$0	$0
Jim Pollock (Assistant Treasurer)	$0	$0	$0
Steve Lyncha (Board Member)	$0	$0	$0
Jeff Herr (Board Member)	$0	$0	$0
Bill Jones (Board Member)	$0	$0	$0
Dr Robert Stewart (Board Member)	$0	$0	$0
John Shimko (Board Member)	$0	$0	$0
Gene Wardo (Board Member)	$0	$0	$0
Rusty Christoff (Board Member)	$0	$0	$0
Josiah Jones (Board Member)	$0	$0	$0

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990

Filed on Nov. 1, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$545,095

Expenses

$616,426

Net Income

-$71,331

Net Assets

$4,618,442

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$22,380	4.1%
Program Services	$31,801	5.8%
Investment Income	$86,837	15.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$430,277	78.9%
Net Fundraising	$0
Sales of Assets	-$26,200
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$101,236	16.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$262,090	42.5%

Assets/Debt
Total Assets	$4,801,301
Total Liabilities	$182,859
Net Assets	$4,618,442

Compensation

Key Employees and Officers	Compensation	Related	Other
Stan Lafuria (Executive Dir.)	$101,236	$0	$0
Dr Karen Blair (Vice President)	$0	$0	$0
Wanda Ryen (Vice President)	$0	$0	$0
Brian Bennett (President)	$0	$0	$0
Dustin Minarchick (Vice President)	$0	$0	$0
Laura Koshko (Treasurer)	$0	$0	$0
Jim Pollock (Assistant Treas)	$0	$0	$0
Steve Lyncha (Board Member)	$0	$0	$0
Jeff Herr (Board Member)	$0	$0	$0
Bill Jones (Board Member)	$0	$0	$0
Dr Robert Stewart (Board Member)	$0	$0	$0
John Shimko (Board Member)	$0	$0	$0
Gene Wardo (Board Member)	$0	$0	$0
Rusty Christoff (Board Member)	$0	$0	$0
Josiah Jones (Board Member)	$0	$0	$0

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990

Filed on Oct. 17, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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PDF XML

Fiscal Year Ending Nov.
2020

Revenue

$255,516

Expenses

$397,802

Net Income

-$142,286

Net Assets

$4,689,773

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$98,720	38.6%
Program Services	$0
Investment Income	$105,261	41.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$99,912	39.1%
Net Fundraising	$0
Sales of Assets	-$65,417
Net Inventory Sales	$0
Other Revenue	$17,040	6.7%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$351,093	88.3%

Assets/Debt
Total Assets	$4,859,876
Total Liabilities	$170,103
Net Assets	$4,689,773

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2019

Revenue

$370,787

Expenses

$396,908

Net Income

-$26,121

Net Assets

$4,832,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,420	6.3%
Program Services	$0
Investment Income	$105,444	28.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$201,567	54.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$40,356	10.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,030	24.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$192,979	48.6%

Assets/Debt
Total Assets	$4,972,770
Total Liabilities	$140,711
Net Assets	$4,832,059

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2018

Revenue

$300,058

Expenses

$464,618

Net Income

-$164,560

Net Assets

$4,858,180

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$29,994	10.0%
Program Services	$0
Investment Income	$9,738	3.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$150,968	50.3%
Net Fundraising	$0
Sales of Assets	$93,180	31.1%
Net Inventory Sales	$0
Other Revenue	$16,178	5.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,100	21.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$165,571	35.6%

Assets/Debt
Total Assets	$5,038,901
Total Liabilities	$180,721
Net Assets	$4,858,180

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2017

Revenue

$382,970

Expenses

$398,641

Net Income

-$15,671

Net Assets

$6,471,029

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$35,829	9.4%
Program Services	$0
Investment Income	$84,306	22.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$251,672	65.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$11,163	2.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$97,252	24.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$159,298	40.0%

Assets/Debt
Total Assets	$6,771,980
Total Liabilities	$300,951
Net Assets	$6,471,029

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2016

Revenue

$281,413

Expenses

$396,153

Net Income

-$114,740

Net Assets

$6,486,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$43,885	15.6%
Program Services	$0
Investment Income	$14,025	5.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$321,099	> 100%
Net Fundraising	$0
Sales of Assets	-$100,277
Net Inventory Sales	$0
Other Revenue	$2,681	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$98,241	24.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$188,719	47.6%

Assets/Debt
Total Assets	$6,804,632
Total Liabilities	$317,932
Net Assets	$6,486,700

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2015

Revenue

$282,801

Expenses

$399,659

Net Income

-$116,858

Net Assets

$6,601,440

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$28,920	10.2%
Program Services	$0
Investment Income	$1,079	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$235,802	83.4%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$17,000	6.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$95,008	23.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$155,772	39.0%

Assets/Debt
Total Assets	$7,050,238
Total Liabilities	$448,798
Net Assets	$6,601,440

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2014

Revenue

$305,424

Expenses

$384,694

Net Income

-$79,270

Net Assets

$6,718,298

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,970	7.8%
Program Services	$0
Investment Income	$30,020	9.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$243,662	79.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$7,772	2.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$89,071	23.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$150,232	39.1%

Assets/Debt
Total Assets	$7,281,063
Total Liabilities	$562,765
Net Assets	$6,718,298

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2013

Revenue

$274,755

Expenses

$412,656

Net Income

-$137,901

Net Assets

$6,797,568

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$24,420	8.9%
Program Services	$0
Investment Income	$47,512	17.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$184,001	67.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$18,822	6.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$93,348	22.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$154,225	37.4%

Assets/Debt
Total Assets	$7,509,974
Total Liabilities	$712,406
Net Assets	$6,797,568

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2012

Revenue

$322,780

Expenses

$378,942

Net Income

-$56,162

Net Assets

$6,935,469

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$21,250	6.6%
Program Services	$0
Investment Income	$45,220	14.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$235,058	72.8%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$21,252	6.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$91,028	24.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$153,010	40.4%

Assets/Debt
Total Assets	$7,795,879
Total Liabilities	$860,410
Net Assets	$6,935,469

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Nov.
2011

Revenue

$219,268

Expenses

$418,696

Net Income

-$199,428

Net Assets

$6,991,631

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$21,878	10.0%
Program Services	$0
Investment Income	$19,709	9.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$172,390	78.6%
Net Fundraising	$0
Sales of Assets	-$5,709
Net Inventory Sales	$0
Other Revenue	$11,000	5.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$86,999	20.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$182,029	43.5%

Assets/Debt
Total Assets	$8,031,051
Total Liabilities	$1,039,420
Net Assets	$6,991,631

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Moshannon Valley Economic Development Partnership Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $977k (2024)

Expenses $798k (2024)

Total Assets $4.78M (2024)

Total Liabilities $104k (2024)

Tax Filings by Year

Fiscal Year Ending Nov. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Nov. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Nov. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Nov. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Nov. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Nov. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Nov. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Nov. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Nov. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Nov. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Nov. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Nov. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Nov. 2012

Revenue

$977k (2024)

Expenses

$798k (2024)

Total Assets

$4.78M (2024)

Total Liabilities

$104k (2024)

Fiscal Year Ending Nov.
2024

Fiscal Year Ending Nov.
2023

Fiscal Year Ending Nov.
2022

Fiscal Year Ending Nov.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Nov.
2020

Fiscal Year Ending Nov.
2019

Fiscal Year Ending Nov.
2018

Fiscal Year Ending Nov.
2017

Fiscal Year Ending Nov.
2016

Fiscal Year Ending Nov.
2015

Fiscal Year Ending Nov.
2014

Fiscal Year Ending Nov.
2013

Fiscal Year Ending Nov.
2012

Fiscal Year Ending Nov.
2011

Fiscal Year Ending Nov.
2010

Fiscal Year Ending Nov.
2009

Fiscal Year Ending Nov.
2008

Fiscal Year Ending Nov.
2007

Fiscal Year Ending Nov.
2006

Fiscal Year Ending Nov.
2005

Fiscal Year Ending Nov.
2004