Economic Development Council of Northeastern Pennsylvania

Nonprofit profile at a glance

EIN
231652755
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Pittston, PA, USA
Phone
5706555581
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$7,057,398
Expenses
$5,870,728
Assets
$14,371,098
Liabilities
$2,704,873

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

54 people listed

Executive titles in this filing

  • JEFFREY BOX (PRESIDENT &)

Highest reported compensation

  • JEFFREY BOX (PRESIDENT &): $247,950 total reported compensation
  • STEVE URSICH (VP BUSINESS): $225,431 total reported compensation
  • KURT BAUMAN (VP COMMUNITY): $168,751 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Part iii line 1- edcnp is a regional, multi-county economic development agency providing leadership, planning, expertise & services to regional & local governments, businesses, institutions & individuals through innovation & beneficial collarborations & partnerships to enhance the economic development & quality of life of the area. The goal of edcnp is to provide a quality menu of programs & valuable services that best match the needs of our partners and add value to the region.

What it reported doing in 2024

Transportation planning services - during the past year edcnp provided comprehensive transportation planning, government & community development support, gis and research assistance within the region. The transportation services division maintains the transportation improvement program (tip) and long-range transportation plan for the nepa metropolitan planning organization (mpo). During the past year, edcnp updated the coordinated public transit - human services transportation plan and developed a regional active transportation plan. Edcnp secured 350,000 in supplemental planning funds for the development of the sr 2001 alternatives analysis which is underway. Edcnp also provided the infrastructure asset mapping and gis support and managed the local technical assistance program (ltap) which provides technical training for elected and municipal officials and road maintenance crews. Staff successfully secured 2m in congressional appropriations funding towards a bridge project in pike county. In coordination with four adjoining mpo planning areas, edcnp participated in the development of the eastern Pennsylvania freight alliance plan which was completed on december 2024. Edcnp also collected highway performance monitoring system (hpms) data on the extent, condition, performance, use and operating characteristics of the region's highways at over 90 locations within the nepa mpo region.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 66
  • Accountability: 82
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.1%; rating input score 70
  • Program expense ratio: 84.9%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 16.8%; rating input score 73; 73rd percentile among comparable filings
  • Total-asset coverage ratio: 2.45; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 16.3%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 1.3% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 70.1% of revenue deployed · 84.9% of spending went to programs
  • Governance: 40 of 40 board members independent · 5 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $5M in reported program spending
  • Leadership: top reported pay $248K · 54 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $739K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 4 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.