Delaware County Economic Development Corporation

Public charity · Grantmaker Media, PA EIN: 23-2607596

To promote new business and assist existing businesses in Delaware county, pa to create employment opportunities

Key facts about Delaware County Economic Development Corporation

EIN
23-2607596
Latest 990 filing
Form 990, 2024
Total assets
$2,476,583

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$2.5M

+2.6% YoY

Revenue

$1.3M

+1.6% YoY

Net Investment Income

$102K

+125.2% YoY

Expenses

$1.1M

+15.0% YoY

About Delaware County Economic Development Corporation

Based on IRS filings

Delaware County Economic Development Corporation is a public charity, based in Media, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. Net investment income was $102K.

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Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15MTotal only2020 1 grant2021 0 grants2022 0 grants2023 0 grants2024

From 2020 to 2021, annual grant giving ranged from $9.4M (2021) to $11.7M (2020). In 2021 it made 1 grant totaling $9.4M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M1$5M+

The most common grant size was $5M or more: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,476,583$2,413,297$2,260,035
Revenue$1,261,433$1,242,055$1,728,811
Expenses$1,081,762$940,532$1,388,623
Net Investment Income$102,322$45,446$2,139

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 26, 2022)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Delaware County Economic Development Corporation is led by Elaine Paul Schaefer, Chairperson since 2023 (on filings since 2021); none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Elaine Paul Schaefer

    Chairperson

    Board Member → Chairperson, 2023

    On filings since 2021

    2 hrs/week

    No compensation reported

  • James Harper Jr.

    Secretary

    Board Member → Secretary, 2024

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Sean Harold McIntosh

    Treasurer

    Board Member → Treasurer, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Anthony Lusi

    Assistant Treasurer

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Jamal O. Johnson

    Vice Chairman

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Peter Rykard

    Board Member

    On filings since 2022

    2 hrs/week

    No compensation reported

  • Frances M. Sheehan

    Board Member

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Christine A. Reuther

    Vice Chairman

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Mathhew D. McGlaughlin

    Board Member

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (5)
  • Former: Bill Moran (2020–2022) — Board Member
  • Former: Rachel Ezzell Berry (2020–2022) — Chairwoman
  • Former: Colleen P. Morrone (2020) — Board Member
  • Former: Paul Mullen (2020) — Chairman
  • Former: Russell Carlson (2020) — Vice Chairman

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Delaware County Economic Development Corporation

How large is Delaware County Economic Development Corporation?

Delaware County Economic Development Corporation reported $2.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.

What is Delaware County Economic Development Corporation's EIN?

Delaware County Economic Development Corporation's EIN (Employer Identification Number) is 23-2607596. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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