CSCharityScored
36

Erie Downtown Development Corporation

Community Development · Erie, Pennsylvania

10 E 5Th St, Erie, PA 16507-1510

EIN: 820709054· Founded: Jul 2017· 9 years active· Filing Year: 2023

Annual Revenue

$1.6M

Total Expenses

$2.6M

Total Assets

$5.0M

Program Spending

29%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$559K

21.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$509K

Total Payroll

$1.3M

51% of total expenses

Where the Money Goes

29%
Programs: 29%
Payroll: 51%
Other overhead: 71%
Program Revenue$762K (49%)
Total Expenses$2.6M (100%)
Payroll$1.3M (51%)
Overhead (non-program)71%

Trust Score Breakdown

Program Spending Ratio

29% of expenses go to programs

40%

Revenue & Stability

$1.6M annual revenue

15%

Executive Compensation

$559K total officer comp (21.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$5.0M in assets

10%

Similar Community Development Nonprofits in Pennsylvania

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.