Butler Economic Development Corporation

Nonprofit profile at a glance

EIN
251867893
IRS 990-EZ coverage
2013–2025
Forms available
Form 990 2012, Form 990-EZ 2025
Location
Butler, PA, USA
Phone
7242831961
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Public, Societal Benefit

Official website

Reported finances

Revenue
$17,245
Expenses
$5,461
Assets
$237,582
Liabilities
$975

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • WILLIAM MCCARRIER (PRESIDENT)
  • DAN SANTORO (VICE PRESIDENT)

People named in this filing

  • WILLIAM MCCARRIER (PRESIDENT)
  • SCOTT DOCHERTY (TREASURER)
  • ROBI LOMBARDO (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote local economic development

What it reported doing in 2025

Butler economic development corporation was organized to promote local economic development and further social welfare through strategic placement and subsidized operation of business incubators and multi-occupancy buildings that will provide start-up and emerging companies with operating space and management technical assistance. The buildings will also be made available to agencies/organizations that serve both the entrepreneur and the employee who will be involved in these buildings. These facilities will be placed in targeted areas of low to moderate income and brownfield redevelopment areas.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 83
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 68.3%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 43.51; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 28; 28th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -40.3% per year; rating input score 0; 11th percentile among comparable filings
  • Revenue growth: 40.4% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: -8.3% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 28/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.