Greenville-reynolds Development Corporation
Nonprofit profile at a glance
- EIN
- 251456793
- IRS 990 coverage
- 2016–2024
- Forms available
- Form 990 2024
- Location
- Greenville, PA, USA
- Phone
- 7246461144
- Rating confidence
- Limited
Reported finances
- Revenue
- $523,500
- Expenses
- $841,691
- Assets
- $9,134,102
- Liabilities
- $1,128,339
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MIKE CUSICK (PRESIDENT)
- KEN LAPINSKI (VICE PRESIDENT)
- BRADLEY R GOSSER (EXECUTIVE DIRECTOR/VP)
Highest reported compensation
- BRADLEY R GOSSER (EXECUTIVE DIRECTOR/VP): $141,249 total reported compensation
- DORA RICHARDS (ASSISTANT TREASURER): $90,406 total reported compensation
- LISA BRICKLE (ASSISTANT SECRETARY): $53,320 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote the social & civic welfare of the communities located in the greenville-reynolds trading district; to seek & locate businesses & industries of any kind within this district; to assist & encourage the stabilization, expansion, and/or retention of existing businesses & industries within this district; to receive, hold, and expend monies, properties, or services necessary to facilitate the above stated purposes; to perform all other services or activites for any reason incidental to any of the foregoing purposes including the management of the assets of the present greenville-reynolds development corp; to cause to be operated & maintained, the reynolds disposal company & the reynolds water company in suitable condition to meet all pa public utility commission, pa dept of environmental protection, & federal environmental protection agency requirements & to service the industrial & residential customers within their respective area; to develop and dispose of land.
What it reported doing in 2024
Greenville reynolds development corporation promotes and develops industrial growth for the areas in and surrounding the greenville, Pennsylvania community. All expenses are incurred for this purpose.
Operating model
- Revenue model
- Earned-program. 95% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 86
- Sustainability: 35
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -60.8%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 10.85; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 18.3%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -18.3% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: -1.1% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $141K · 12 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 3 filed schedules · includes related organizations
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 17/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.