CSCharityScored
35

Wayne Economic Development Corp

Other · Honesdale, Pennsylvania

32 Commercial St Ste A, Honesdale, PA 18431-1897

EIN: 246015814· Founded: Jan 1962· 64 years active· Filing Year: 2023

Annual Revenue

$560K

Total Expenses

$1.1M

Total Assets

$12.1M

Program Spending

6%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$195K

17.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$85K

Total Payroll

$280K

24% of total expenses

Where the Money Goes

6%
Programs: 6%
Payroll: 24%
Other overhead: 94%
Program Revenue$65K (12%)
Total Expenses$1.1M (100%)
Payroll$280K (24%)
Overhead (non-program)94%

Trust Score Breakdown

Program Spending Ratio

6% of expenses go to programs

40%

Revenue & Stability

$560K annual revenue

15%

Executive Compensation

$195K total officer comp (17.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$12.1M in assets

10%

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