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Filing year 2023

INSTITUTE FOR ECONOMIC DEVELOPMENT

Chester, Pennsylvania·EIN 23-2843207·NTEE S30 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$730k
Total assets
$1.6M
Total expenses
$432k
Reported officers
25
Mission

THE INSTITUTE FOR ECONOMIC DEVELOPMENT, DBA RIVERFRONT ALLIANCE OF DELAWARE COUNTY (RADC), IS A CONSORTIUM OF PRIVATE SECTOR CORPORATIONS AND NON-PROFIT INSTITUTIONS THAT HAVE COME TOGETHER TO DEVELOP AND IMPLEMENT PROGRAMS AND ACTIVITIES DESIGNED TO COUNTER THE SOCIAL AND ECONOMIC CONDITIONS THAT RESULT FROM DISINVESTMENT IN THIS COMMUNITY. WITHIN THIS BROAD CONTEXT, RADC IS SPECIFICALLY COMMITTED TO UNDERTAKING A TARGETED MIX OF INNOVATIVE ECONOMIC DEVELOPMENT PROGRAMS AND ACTIVITIES FOCUSED ON THE PHYSICAL, ECONOMIC AND SOCIAL REVITALIZATION OF THE CITY OF CHESTER.

Reported officers (all unpaid)

No paid executives reported in 2023. INSTITUTE FOR ECONOMIC DEVELOPMENT reported 25 unpaid officers and board members on its 990.

Chair/president
Vice Chair/vice President
Executive Director
Secretary
Treasurer
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director As of 9/28/23
Director As of 12/4/23
Director As of 3/14/24
Director As of 6/13/24
Director Until 6/30/24
Director Until 6/30/24
Director Until 3/14/24
Director Until 12/4/23
Financial trend

Revenue and expenses over time

INSTITUTE FOR ECONOMIC DEVELOPMENT reported revenue and expenses across 2 filing years.

RevenueExpenses
$889k
$1.2M
2022
$730k
$432k
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Pennsylvania

INSTITUTE FOR ECONOMIC DEVELOPMENT reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Pennsylvania earns a median of $69,741.

25th percentile
$28k
Median
$69,741
75th percentile
$131k
90th percentile
$238k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 492 organizations across 492 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Pennsylvania →
FAQ

Common questions about INSTITUTE FOR ECONOMIC DEVELOPMENT

What are INSTITUTE FOR ECONOMIC DEVELOPMENT's revenue and expenses?

In 2023, INSTITUTE FOR ECONOMIC DEVELOPMENT reported $730k in total revenue and $432k in total expenses on its IRS Form 990.

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