PHILADELPHIA, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PENNSYLVANIA ECONOMY LEAGUE INC, founded in 1936, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year. Expenses of $4.4M exceeded revenue, resulting in a 18% operating deficit.
THE PENNSYLVANIA ECONOMY LEAGUE (PEL) IS AN INDEPENDENT NON-PROFIT PUBLIC POLICY RESEARCH AND DEVELOPMENT ORGANIZATION COMPRISED OF THREE LIMITED LIABILITY COMPANIES: PEL, SOUTHEASTERN PA, LLC, DBA ECONOMY LEAGUE OF GREATER PHILADELPHIA; SEE SCHEDULE O FOR CONTINUATIONTHE PENNSYLVANIA ECONOMY LEAGUE OF SOUTHWESTERN PA, LLC, DBA THE PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH; AND THE PENNSYLVANIA ECONOMY LEAGUE, CENTRAL PA, LLC. PEL'S MISSION IS TO PROVIDE INDEPENDENT RESEARCH ON EMERGING ISSUES IN ORDER TO STIMULATE PUBLIC AND PRIVATE ACTION AND TO MAKE PENNSYLVANIA A BETTER PLACE TO LIVE, WORK AND DO BUSINESS. ITS PURPOSE IS TO CREATE A KNOWLEDGEABLE CORPORATE AND CIVIC AUDIENCE TO HELP ENSURE THE ECONOMIC COMPETITIVENESS OF THE COMMONWEALTH AND ITS REGIONS.
THE ECONOMY LEAGUE OF GREATER PHILADELPHIA FOSTERS EQUITABLE AND INCLUSIVE GROWTH IN GREATER PHILADELPHIA BY PRODUCING IMPACTFUL, NONPARTISAN RESEARCH, CONNECTING DIVERSE LEADERS, AND ADVANCING...
THE ECONOMY LEAGUE OF GREATER PHILADELPHIA FOSTERS EQUITABLE AND INCLUSIVE GROWTH IN GREATER PHILADELPHIA BY PRODUCING IMPACTFUL, NONPARTISAN RESEARCH, CONNECTING DIVERSE LEADERS, AND ADVANCING SHARED SOLUTIONS. THE ELGP IS OUR REGION'S INDEPENDENT 'THINK-AND-DO TANK,' FOUNDED IN 1909 BY FORWARD-THINKING CIVIC LEADERS, UNITED BY THE BELIEF THAT BUSINESS HAS A CIVIC RESPONSIBILITY BEYOND PROFIT-MAKING, AND THAT IT IS THE CITIZENS BUSINESS TO ENSURE THAT LOCAL GOVERNMENT AND THE LOCAL ECONOMY WORK FOR ALL. SEE SCHEDULE O FOR CONTINUATION
THE PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH (PELGP), ALONG WITH OUR AFFILIATED ORGANIZATIONS ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT (ACCD), PITTSBURGH REGIONAL ALLIANCE (PRA) AND...
THE PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH (PELGP), ALONG WITH OUR AFFILIATED ORGANIZATIONS ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT (ACCD), PITTSBURGH REGIONAL ALLIANCE (PRA) AND GREATER PITTSBURGH CHAMBER OF COMMERCE (GPCC) - AND OUR REGIONAL INVESTOR COUNCIL PARTNERS, TOOK IMPORTANT STEPS TOWARD ACHIEVING THE GLOBALLY COMPETITIVE REGION WE STRIVE FOR.SEE SCHEDULE O FOR CONTINUATIONPELGP HAS FOCUSED ITS EFFORTS ON STRENGTHENING ITS THOUGHT LEADERSHIP COMMITTEE TO STEP UP ITS EXPERTISE AND INFLUENCE ON STRATEGIC ECONOMIC DEVELOPMENT ISSUES. AS PART OF THEIR COMMITMENT TO LEADING THE DEVELOPMENT OF POLICY SOLUTIONS AND ENGAGING CRITICAL STAKEHOLDERS TO DRIVE POLICY AND PROGRAMMATIC CHANGES ACROSS INTEREST AREAS, THE COMMITTEE HAS SUCCESSFULLY HOSTED SEVERAL ENTREPRENEURIAL SUMMITS, EXPANDED PARTNERSHIPS WITH UNIVERSITIES AND SMALL BUSINESSES, AND ADVANCED SUPPORT FOR CRITICAL LEGISLATION THAT REINFORCES ACCD'S DEDICATION TO DRIVING SUSTAINABLE ECONOMIC GROWTH. A CROSS-DEPARTMENTAL TEAM, GUIDED BY THE THOUGHT LEADERSHIP COMMITTEE, HAS DEVELOPED A COMPREHENSIVE WORK PLAN ALIGNED WITH THREE PRIMARY GOALS: WORKFORCE AND TALENT, INCLUSIVE ECONOMIES, AND CLUSTER STRATEGY AND BUSINESS GROWTH. THE THOUGHT LEADERSHIP TEAM HAS CONTINUED TO PRODUCE REGULAR REPORTS AND ANALYSIS ON THE STATE OF THE REGION'S ECONOMY AND HAS BEGUN DEVELOPING AND PRODUCING NEW REPORTS THAT BRING GREATER INSIGHT INTO SOCIO-ECONOMIC TRENDS AND POLICY ISSUES.IN ADDITION TO THESE ACCOMPLISHMENTS, THE THOUGHT LEADERSHIP COMMITTEE ALSO MANAGES THE REGIONAL GROWTH AND COMPETITIVENESS SUBCOMMITTEE, WHICH IS MADE UP OF REGIONAL BUSINESS LEADERS FROM THE REGIONAL INVESTOR COUNCIL. THE SUBCOMMITTEE CONVENES ONCE PER QUARTER FOR A ROUNDTABLE DISCUSSION OF CURRENT BUSINESS CONDITIONS, ECONOMIC TRENDS, AND GROWTH EXPECTATIONS WHICH HELP TO INFORM THOUGHT LEADERSHIP'S STRATEGIC GOALS AND RESEARCH PRIORITIES.
2023 MARKED A YEAR OF TRANSITION AND CONTINUED IMPACT FOR THE PENNSYLVANIA ECONOMY LEAGUE, CENTRAL PA, LLC.LEADERSHIP CHANGES INCLUDED THE RESIGNATION OF CEO LEEANNE CLAYBERGER ON APRIL 30, 2023...
2023 MARKED A YEAR OF TRANSITION AND CONTINUED IMPACT FOR THE PENNSYLVANIA ECONOMY LEAGUE, CENTRAL PA, LLC.LEADERSHIP CHANGES INCLUDED THE RESIGNATION OF CEO LEEANNE CLAYBERGER ON APRIL 30, 2023, FOLLOWED BY LYNNE SHEDLOCK SERVING AS ACTING EXECUTIVE DIRECTOR FROM MAY 1 TO NOVEMBER 30. VINNY CANNIZZARO WAS APPOINTED EXECUTIVE DIRECTOR ON DECEMBER 1, 2023.SEE SCHEDULE O FOR CONTINUATION
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $3,730,942 | $4,318,756 | -0.1% |
| Expenses | $4,413,826 | $3,903,549 | +0.1% |
| Net Income | $-682,884 | $415,207 | -2.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JEFF HORNSTEIN | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$180,255 | $23,732 | $203,987 |
| DAVID BLUM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLIOT DINKIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PETER GROLLMAN | DIRECTOR (EXITED 12/23) | 1.00 |
Director
|
$0 | $0 | $0 |
| STUART G HOFFMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN MCGOWAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN SNIDER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE STETLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| FRED CALLAHAN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| WILLIAM RHODES | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JNELLE LAWRENCE | DEPUTY EXECUTIVE DIRECTOR | 40.00 |
Highest
|
$117,445 | $5,073 | $122,518 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $3,730,942 | $4,413,826 | $2,159,381 | $-682,884 |
| 2022 | $4,318,756 | $3,903,549 | $2,565,314 | $415,207 |
| 2021 | $4,041,486 | $3,782,055 | $2,641,467 | $259,431 |
| 2020 | $2,930,019 | $2,963,751 | $2,359,899 | $-33,732 |
| 2019 | $3,512,571 | $3,030,008 | $2,139,348 | $482,563 |
| 2018 | $3,576,876 | $3,746,918 | $2,153,887 | $-170,042 |
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