Beaver County Corporation
Beaver County Corporation for Economic Development is a nonprofit economic development organization headquartered in Beaver, Pennsylvania. Founded in 1987, the organization operates as a 501(c)(6) business league dedicated to promoting economic growth and business conditions in Beaver County.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$32.4M
+4.6% YoY
Annual Giving
$190K
+374.5% YoY
Grant Count
19
+375.0% YoY
Avg Grant Size
$10K
-0.1% YoY
Mission & Focus Areas
The organization's mission is to promote and encourage the economic and general welfare of Beaver County, Pennsylvania. As a business league, the corporation focuses on economic development and business improvement initiatives.
Grantmaking
Beaver County Corporation for Economic Development distributed $274,799 in total giving according to recent financial data. The organization functions as a grantmaker within the Beaver County region, supporting economic development priorities.
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Geographic Focus
Where this funder awards grants
The organization's activities are concentrated in Beaver County, Pennsylvania, with office locations in Beaver and Beaver Falls.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Revenue: $1.95 million
- Total Expenses: $1.91 million
- Total Assets: $30.9 million
- Total Liabilities: $1.57 million
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $32,361,510 | $30,941,458 | $31,351,175 |
| Revenue | $2,954,049 | $1,949,594 | $750,100 |
| Expenses | $1,095,623 | $1,911,348 | $848,502 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,803,954 | $186,357 | $47,911 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Lew Villotti – President
- Laura Rubino – Vice President
- Edward Nemeth – Vice President
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAREY MCDOUGALL | CHAIR | 1 | — |
| CAROLYN RENNINGER | SECRETARY | 1 | — |
| JOE BEVEVINO | TREASURER | 1 | — |
| DR MELVIN STEALS | DIRECTOR | 1 | — |
| JACK MANNING | DIRECTOR | 1 | — |
| DANIEL CAMP III | DIRECTOR | 1 | — |
| TONY AMADIO | DIRECTOR | 1 | — |
| DAVID O'LEARY | DIRECTOR | 1 | — |
| LARRY NELSON | VICE CHAIR | 1 | — |
| MATTHEW DAWSON | DIRECTOR | 1 | — |
| ED DEMAILO | DIRECTOR | 1 | — |
| MIKE LINCHECK | DIRECTOR | 1 | — |
| RENEE SUHR | DIRECTOR | 1 | — |
| ELAINE SAVOLDI | DIRECTOR | 1 | — |
| LEWIS VILLOTTI | PRESIDENT | 40 | $140,367 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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