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Cumberland Area Economic

MECHANICSBURG, PA EIN: 20-2254486 Website

TO PRESERVE, FACILITATE, PROMOTE AND FOSTER ECONOMIC DEVELOPMENT WITHIN CUMBERLAND COUNTY AND THE SURROUNDING REGIONS, BY PROVIDING INTEGRATED ECONOMIC DEVELOPMENT AND TOURISM MARKETING SERVICES TO, AND ON BEHALF OF, THE CITIZENS OF THE COUNTY, THE SOUTH CENTRAL PENNSYLVANIA REGION, AND THE COMMONWEALTH OF PENNSYLVANIA.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.0M

+7.3% YoY

Annual Giving

$1.1M

+3004.2% YoY

Grant Count

19

+1800.0% YoY

Avg Grant Size

$57K

+63.4% YoY

About Cumberland Area Economic

Based on IRS filings

Cumberland Area Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in MECHANICSBURG, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10.0M in total assets. In 2024, it awarded 19 grants totaling $1.1M. Net investment income was $206K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

Boiling SprlnasCamp HillCarlisleCarllsleChambersburgEnolaGardnersHarrisburgHummelstownKing Of PrussiaLemoyneLititzMarltonMechanicsburgMiddle RiverNew CumberlandNewvilleShippensburgState CollegeWormleysburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
Total Assets$9,996,336$9,316,356$8,678,549
Revenue$4,461,407$3,143,193$3,992,452
Expenses$4,061,070$2,785,708$2,158,450
Qualifying Distributions
Net Investment Income$206,264$151,181$71,977
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$704K$1M$2M$3M5 grants202094 grants20210 grants20221 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PA STATE FOOTBALL COACHE…$300KCARLISLE REGIONAL PERFOR…$224KTHE SPLEX$132KLOUNGE 611$60KJUBILEE CAKE STUDIOS$57KCARLISLE SPORTS EMPORIUM$52KA GOOD MAN ENTERPRISES INC$48KMOON BIRD DISTILLING LLC$44KCENTRAL PENNSYLVANIA CON…$30KBSK PROPERTIES$27K

Grant Size Distribution

75 grants across all recorded years

66<$50K5$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JANET ANDERSONEXECUTIVE DI$185KKRISTEN ROWEDIR OF DEST.$120KJULIE KORANDAFINANCE MANA$31KLORI LIGHTYFORMER OPERA$18K

From 2024 filing

NameTitleHoursCompensation
JONATHAN COXCHAIRMAN1
KENNETH TUCKEYVICE-CHAIRMA1
HAROLD BRANDTTREASURER1
JOHN RAMPULLASECRETARY1
KELLY NEIDERERDELEGATE COM1
TODD CAMPBELLBOARD MEMBER1
PATRICK DENNISBOARD MEMBER1
LAUREN ISCHBOARD MEMBER1
DON KIBLERBOARD MEMBER1
CAROL KILKOBOARD MEMBER1
KYLE MILLERBOARD MEMBER1
DEBORAH PIERSONBOARD MEMBER1
MORGAN RECTORBOARD MEMBER1
CURTIS VOELKERBOARD MEMBER1
RAY WOLFE JRBOARD MEMBER1
JULIE KORANDAFINANCE MANA40$31,366
JANET ANDERSONEXECUTIVE DI40$184,566
LORI LIGHTYFORMER OPERA40$17,630
KRISTEN ROWEDIR OF DEST.40$120,198

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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