Logo

Employer Identification Number 23-2491931

EDC FINANCE CORPORATION is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:EDC FINANCE CORPORATION
Employer identification number (EIN):23-2491931
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO FACILITATE INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGH THE ADMINISTRATION OF LOANS. THE PRIMARY PURPOSE OF EDC FINANCE CORPORATION IS TO FACILITATE INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGH THE ORIGINATION AND ADMINISTRATION OF LOANS MADE BY THE PA INDUSTRIAL DEVELOPMENT AUTHORITY, THE SMALL BUSINESS FIRST FUND, AND THE SBA 504 PROGRAM. THESE LOANS ARE USED TO ASSIST IN THE START UP AND EXPANSION OF SMALL BUSINESSES IN LANCASTER COUNTY.
Number of Employees0
Number of Volunteers16
Year Formed1987

Organization Governance

Legal DomicilePA
Voting Members - Governing Body16
Voting Members - Independent16

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,003,735
Program Service Revenue from current yearUSD $ 1,110,575
Investment Income from prior yearUSD $ 13,638
Investment Income from current yearUSD $ -8,408
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,434,015
Net assets / fund balances at end of fiscal yearUSD $ 1,225,693
Net assets / fund balances at beginning of fiscal yearUSD $ 980,937
Total liabilities at end of fiscal yearUSD $ 1,554,067
Total liabilities at beginning of fiscal yearUSD $ 1,686,930
Total assets at end of fiscal yearUSD $ 2,779,760
Total assets at beginning of fiscal yearUSD $ 2,667,867
Revenues less expenses for current yearUSD $ 179,643
Revenues less expenses for previous yearUSD $ 66,599
Total expenses for current yearUSD $ 1,114,024
Total expenses for previous yearUSD $ 950,774
Other expenses in current yearUSD $ 1,114,024
Other expenses in previous yearUSD $ 950,774
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,293,667
Total revenue in previous fiscal yearUSD $ 1,017,373
Contributions and grants from current yearUSD $ 191,500
2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,081,308
Program Service Revenue from current yearUSD $ 1,003,735
Investment Income from prior yearUSD $ 72,152
Investment Income from current yearUSD $ 13,638
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,017,565
Net assets / fund balances at end of fiscal yearUSD $ 980,937
Net assets / fund balances at beginning of fiscal yearUSD $ 1,000,600
Total liabilities at end of fiscal yearUSD $ 1,686,930
Total liabilities at beginning of fiscal yearUSD $ 158,458
Total assets at end of fiscal yearUSD $ 2,667,867
Total assets at beginning of fiscal yearUSD $ 1,159,058
Revenues less expenses for current yearUSD $ 66,599
Revenues less expenses for previous yearUSD $ 151,901
Total expenses for current yearUSD $ 950,774
Total expenses for previous yearUSD $ 1,001,559
Other expenses in current yearUSD $ 950,774
Other expenses in previous yearUSD $ 1,001,559
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,017,373
Total revenue in previous fiscal yearUSD $ 1,153,460
Contributions and grants from current yearUSD $ 0
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 862,571
Program Service Revenue from current yearUSD $ 1,081,308
Investment Income from prior yearUSD $ 9,748
Investment Income from current yearUSD $ 72,152
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,446,687
Net assets / fund balances at end of fiscal yearUSD $ 1,000,600
Net assets / fund balances at beginning of fiscal yearUSD $ 881,693
Total liabilities at end of fiscal yearUSD $ 158,458
Total liabilities at beginning of fiscal yearUSD $ 564,871
Total assets at end of fiscal yearUSD $ 1,159,058
Total assets at beginning of fiscal yearUSD $ 1,446,564
Revenues less expenses for current yearUSD $ 151,901
Revenues less expenses for previous yearUSD $ 7,116
Total expenses for current yearUSD $ 1,001,559
Total expenses for previous yearUSD $ 865,203
Other expenses in current yearUSD $ 1,001,559
Other expenses in previous yearUSD $ 865,203
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,153,460
Total revenue in previous fiscal yearUSD $ 872,319
Contributions and grants from current yearUSD $ 0
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,064,996
Program Service Revenue from current yearUSD $ 862,571
Investment Income from prior yearUSD $ 12,585
Investment Income from current yearUSD $ 9,748
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 872,319
Net assets / fund balances at end of fiscal yearUSD $ 881,693
Net assets / fund balances at beginning of fiscal yearUSD $ 842,664
Total liabilities at end of fiscal yearUSD $ 564,871
Total liabilities at beginning of fiscal yearUSD $ 2,449,089
Total assets at end of fiscal yearUSD $ 1,446,564
Total assets at beginning of fiscal yearUSD $ 3,291,753
Revenues less expenses for current yearUSD $ 7,116
Revenues less expenses for previous yearUSD $ 152,030
Total expenses for current yearUSD $ 865,203
Total expenses for previous yearUSD $ 925,551
Other expenses in current yearUSD $ 865,203
Other expenses in previous yearUSD $ 925,551
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 872,319
Total revenue in previous fiscal yearUSD $ 1,077,581
Contributions and grants from current yearUSD $ 0
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,252,030
Program Service Revenue from current yearUSD $ 1,064,996
Investment Income from prior yearUSD $ 32,095
Investment Income from current yearUSD $ 12,585
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,086,278
Net assets / fund balances at end of fiscal yearUSD $ 842,664
Net assets / fund balances at beginning of fiscal yearUSD $ 498,596
Total liabilities at end of fiscal yearUSD $ 2,449,089
Total liabilities at beginning of fiscal yearUSD $ 4,306,998
Total assets at end of fiscal yearUSD $ 3,291,753
Total assets at beginning of fiscal yearUSD $ 4,805,594
Revenues less expenses for current yearUSD $ 152,030
Revenues less expenses for previous yearUSD $ 335,590
Total expenses for current yearUSD $ 925,551
Total expenses for previous yearUSD $ 948,535
Other expenses in current yearUSD $ 925,551
Other expenses in previous yearUSD $ 948,535
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,077,581
Total revenue in previous fiscal yearUSD $ 1,284,125
Contributions and grants from current yearUSD $ 0
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 3,720
Program Service Revenue from prior yearUSD $ 1,197,914
Program Service Revenue from current yearUSD $ 1,252,030
Investment Income from prior yearUSD $ 16,739
Investment Income from current yearUSD $ 32,095
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,499,443
Net assets / fund balances at end of fiscal yearUSD $ 498,596
Net assets / fund balances at beginning of fiscal yearUSD $ 213,846
Total liabilities at end of fiscal yearUSD $ 4,306,998
Total liabilities at beginning of fiscal yearUSD $ 5,993,181
Total assets at end of fiscal yearUSD $ 4,805,594
Total assets at beginning of fiscal yearUSD $ 6,207,027
Revenues less expenses for current yearUSD $ 335,590
Revenues less expenses for previous yearUSD $ 78,726
Total expenses for current yearUSD $ 948,535
Total expenses for previous yearUSD $ 1,148,218
Other expenses in current yearUSD $ 948,535
Other expenses in previous yearUSD $ 1,148,218
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,284,125
Total revenue in previous fiscal yearUSD $ 1,226,944
Contributions and grants from current yearUSD $ 0
Contributions and grants from previous yearUSD $ 12,291
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,281,129
Program Service Revenue from current yearUSD $ 1,197,914
Investment Income from prior yearUSD $ 4,891
Investment Income from current yearUSD $ 16,739
Other Revenue from prior yearUSD $ 13,473
Other Revenue from current yearUSD $ 0
Gross receipts from all sourcesUSD $ 1,272,749
Net assets / fund balances at end of fiscal yearUSD $ 213,846
Net assets / fund balances at beginning of fiscal yearUSD $ 115,529
Total liabilities at end of fiscal yearUSD $ 5,993,181
Total liabilities at beginning of fiscal yearUSD $ 7,606,913
Total assets at end of fiscal yearUSD $ 6,207,027
Total assets at beginning of fiscal yearUSD $ 7,722,442
Revenues less expenses for current yearUSD $ 78,726
Revenues less expenses for previous yearUSD $ -56,798
Total expenses for current yearUSD $ 1,148,218
Total expenses for previous yearUSD $ 1,380,249
Other expenses in current yearUSD $ 1,148,218
Other expenses in previous yearUSD $ 1,380,249
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,226,944
Total revenue in previous fiscal yearUSD $ 1,323,451
Contributions and grants from current yearUSD $ 12,291
Contributions and grants from previous yearUSD $ 23,958
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,652,261
Program Service Revenue from current yearUSD $ 1,281,129
Investment Income from prior yearUSD $ 21,496
Investment Income from current yearUSD $ 4,891
Other Revenue from prior yearUSD $ 60,000
Other Revenue from current yearUSD $ 13,473
Gross receipts from all sourcesUSD $ 1,363,816
Net assets / fund balances at end of fiscal yearUSD $ 115,529
Net assets / fund balances at beginning of fiscal yearUSD $ 160,170
Total liabilities at end of fiscal yearUSD $ 7,606,913
Total liabilities at beginning of fiscal yearUSD $ 17,868,058
Total assets at end of fiscal yearUSD $ 7,722,442
Total assets at beginning of fiscal yearUSD $ 18,028,228
Revenues less expenses for current yearUSD $ -56,798
Revenues less expenses for previous yearUSD $ 46,216
Total expenses for current yearUSD $ 1,380,249
Total expenses for previous yearUSD $ 2,258,139
Other expenses in current yearUSD $ 1,380,249
Other expenses in previous yearUSD $ 2,258,139
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 1,323,451
Total revenue in previous fiscal yearUSD $ 2,304,355
Contributions and grants from current yearUSD $ 23,958
Contributions and grants from previous yearUSD $ 570,598
Total of other revenueUSD $ 13,473
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 1,660,670
Program Service Revenue from current yearUSD $ 1,652,261
Investment Income from prior yearUSD $ 17,984
Investment Income from current yearUSD $ 21,496
Other Revenue from prior yearUSD $ 50,000
Other Revenue from current yearUSD $ 60,000
Gross receipts from all sourcesUSD $ 2,355,678
Net assets / fund balances at end of fiscal yearUSD $ 160,170
Net assets / fund balances at beginning of fiscal yearUSD $ 142,256
Total liabilities at end of fiscal yearUSD $ 17,868,058
Total liabilities at beginning of fiscal yearUSD $ 18,207,764
Total assets at end of fiscal yearUSD $ 18,028,228
Total assets at beginning of fiscal yearUSD $ 18,350,020
Revenues less expenses for current yearUSD $ 46,216
Revenues less expenses for previous yearUSD $ 120,575
Total expenses for current yearUSD $ 2,258,139
Total expenses for previous yearUSD $ 1,971,541
Other expenses in current yearUSD $ 2,258,139
Other expenses in previous yearUSD $ 1,971,541
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 0
Employee salary and benefits paid in previous yearUSD $ 0
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 2,304,355
Total revenue in previous fiscal yearUSD $ 2,092,116
Contributions and grants from current yearUSD $ 570,598
Contributions and grants from previous yearUSD $ 363,462
Total of other revenueUSD $ 60,000

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 232491931

USA Mailing Address
100 SOUTH QUEEN STREET PO BOX 1558
LANCASTER
PA
176081558
Date first seen: 2012-07-16
Date last seen: 2016-08-08
USA Mailing Address
115 EAST KING STREET
LANCASTER
PA
17602
Date first seen: 2007-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
S1 401k Lookup     VAT Lookup