MERCER COUNTY TOURIST PROMOTION AGENCY #43

EIN: 237400902

SHARON, PA

Total Revenue
$1,387,017
Total Expenses
$817,360
Total Assets
$2,674,673
Net Assets
$2,664,993
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
PA
Principal Officer
CARMEN J AIELLO II
Phone
7243463771
Tax Period
2023-07-01 to 2024-06-30

MERCER COUNTY TOURIST PROMOTION AGENCY #43, founded in 1963, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $570K, a strong 41% operating margin.

Mission

THE BUREAU PROMOTES MERCER COUNTY, PENNSYLVANIA, AS A TRAVEL DESTINATION THROUGH ADVERTISING AND OTHER PROMOTIONAL ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,192,080
Program Service Revenue $90,802
Investment Income $103,664
Other Revenue $471
TOTAL REVENUE $1,387,017

Expense Breakdown

Grants Paid $0
Salaries & Benefits $202,530
Fundraising Expenses $6,301
Program Expenses $742,202
Other Expenses $614,830
TOTAL EXPENSES $817,360

Year-over-Year Comparison

2023 2022 Change
Revenue $1,387,017 $1,233,315 +0.1%
Expenses $817,360 $878,084 -0.1%
Net Income $569,657 $355,231 +0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
5
Volunteers
50

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
$139,263
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHELE CZERWINSKI BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
STAN LEFES BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
SUE KOCHHAR PAST CHAIRMAN 1.00
Director
$0 $0 $0
JOHN RASKOB CHAIRMAN 1.00
Officer Director
$0 $0 $0
DENNIS JAMES VICE-CHAIRMAN 1.00
Officer Director
$0 $0 $0
LAURA ACKLEY BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
KAYLEE BENDER BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
BILL FINLEY BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
MARK SCARPITTI BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
JOHN KERINS BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
MONICA KING SECRETARY 1.00
Officer Director
$0 $0 $0
RETTA FAGLEY TREASURER 1.00
Officer Director
$0 $0 $0
CARLEE WEBB BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
RYAN VOISEY BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
SUMMER WISE BOARD MEMBER AT LARGE 1.00
Director
$0 $0 $0
PEGGY MAZYCK PRESIDENT/CEO 40.00
Officer
$71,672 $7,044 $78,716
CARMEN AIELLO VP OF MARKETING 40.00
Officer
$52,054 $8,493 $60,547
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
2025 No data No data No data No data
2024 $1,387,017 $817,360 $2,674,673 $569,657
2023 $1,233,315 $878,084 $2,108,619 $355,231
2022 $1,078,012 $753,602 $1,740,793 $324,410
2021 $700,187 $652,060 $1,419,047 $48,127
2020 $1,051,324 $775,550 $1,366,244 $275,774
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