CARBON CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION

EIN: 201497698 Community Improvement

LEHIGHTON, PA

Total Revenue
$341,058
Total Expenses
$309,141
Total Assets
$1,272,449
Net Assets
$1,257,309
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
PA
Principal Officer
KYLIE ADAMS WEISS
Phone
6013795000
Tax Period
2024-01-01 to 2024-12-31

CARBON CHAMBER AND ECONOMIC DEVELOPMENT CORPORATION, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $341K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $309K left a modest 9% surplus.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT AND OPERATE A CHAMBER OF COMMERCE FOR BUSINESSES LOCATED IN CARBON COUNTY PENNSYLVANIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $199,703
Program Service Revenue $55,998
Investment Income $33,011
Other Revenue $52,346
TOTAL REVENUE $341,058

Expense Breakdown

Grants Paid $10,000
Salaries & Benefits $0
Fundraising Expenses $11,686
Program Expenses $132,915
Other Expenses $299,141
TOTAL EXPENSES $309,141

Year-over-Year Comparison

2024 2023 Change
Revenue $341,058 $501,748 -0.3%
Expenses $309,141 $395,711 -0.2%
Net Income $31,917 $106,037 -0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAUREEN DONOVAN BOARD MEMBER N/A
Director
$0 $0 $0
JARED MC EVOY BOARD SECRET N/A
Officer Director
$0 $0 $0
JANE GEORGE BOARD MEMBER N/A
Director
$0 $0 $0
BARBARA GREEN BOARD TREASU N/A
Officer Director
$0 $0 $0
SAMUEL HELLEN BOARD MEMBER N/A
Director
$0 $0 $0
GIRVIN JANICKI BOARD MEMBER N/A
Director
$0 $0 $0
MARLYN KISSNER BOARD MEMBER N/A
Director
$0 $0 $0
JOHN NESPOLI BOARD MEMBER N/A
Director
$0 $0 $0
WAYNE NOTHSTEIN BOARD MEMBER N/A
Director
$0 $0 $0
TERRENCE J PURCELL BOARD MEMBER N/A
Director
$0 $0 $0
PATRICK REILLY BOARD PRES/C N/A
Officer Director
$0 $0 $0
JOE RUSSO BOARD MEMBER N/A
Director
$0 $0 $0
MARK SVERCHEK BOARD MEMBER N/A
Director
$0 $0 $0
RONALD TIRPAK BOARD VP/CHA N/A
Officer Director
$0 $0 $0
MARSHALL WALTERS BOARD MEMBER N/A
Director
$0 $0 $0
JESSICA ODONNELL GOWER EXEC. VICE P N/A
Officer
$0 $0 $0
KYLIE ADAMS WEISS SENIOR VP N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $341,058 $309,141 $1,272,449 $31,917
2023 $468,748 $395,711 $1,184,669 $73,037
2022 $370,512 $439,570 $1,114,535 $-69,058
2021 $633,247 $346,560 $1,190,642 $286,687
2020 $455,898 $391,297 $1,357,702 $64,601
2018 $500,785 $500,482 $1,246,551 $303
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