Green Knight Economic Development Corp

Foundation · Grantmaker Pen Argyl, PA EIN: 23-3005840

Providing economic relief for poor & distressed local citizens

Key facts about Green Knight Economic Development Corp

In short: Green Knight Economic Development Corp gave $20K across 2 grants in 2024 (avg $10K), mostly in Pennsylvania. Source: 2024 IRS Form 990 filing.

EIN
23-3005840
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$20,000
Grants made (2024)
2
Average grant
$10,000
Median grant
$10,000
Total assets
$13,823,863
Primary geography
Pennsylvania (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$13.8M

+17.1% YoY

Annual Giving

$20K

+33.3% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$10K

-33.3% YoY

How Green Knight Economic Development Corp gives

  • Giving grew 100% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Green Knight Economic Development Corp

Based on IRS filings

Green Knight Economic Development Corp is a nonprofit organization focused on Community Improvement & Capacity Building, based in Pen Argyl, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.8M in total assets. In 2024, it awarded 2 grants totaling $20K. Net investment income was $252K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2024 grant dollars.

States

Cities

Pen Argyl

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grants20201 grants20212 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Blue Mountain Community Library: $10KBlue Mountain CommunityLibrary$10KFamilies First of Pen Argyl: $10KFamilies First of Pen Argyl$10K

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Blue Mountain Community Library Pen Argyl, PACommunity$10,000
Families First of Pen Argyl Pen Argyl, PACommunity$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20202021202220232024
Metric202420232022
Total Assets$13,823,863$11,806,370$11,085,506
Revenue$3,419,582$2,400,137$3,668,403
Expenses$1,347,758$1,690,102$1,180,726
Qualifying Distributions———
Net Investment Income$252,282$166,116$65,178
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Green Knight Economic Development Corp is led by Robert E Cornman Jr., President since 2022 (on filings since 2020); none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Robert E Cornman Jr.

    President

    V.p. → President, 2022

    On filings since 2020

    20 hrs/week

    No compensation reported

  • James Policeli

    Director

    On filings since 2020

    15 hrs/week

    No compensation reported

  • James Nico Goffredo

    Director

    On filings since 2023

    15 hrs/week

    No compensation reported

  • John Goffredo

    Vice President

    Director → Vice President, 2022

    On filings since 2020

    15 hrs/week

    No compensation reported

  • Larry Feller

    Secretary

    Director → Secretary, 2021

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Peter R Albanese

    Treasurer

    On filings since 2020

    20 hrs/week

    No compensation reported

Former officers (3)
  • Former: Carlton E Snyder (2020–2022) — Director
  • Former: John Cuono (2020–2022) — Director
  • Former: Stephen J Hurni (2020) — Secretary

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 Green Knight Economic Development Corp

How much does Green Knight Economic Development Corp give each year?

Green Knight Economic Development Corp gave $20K across 2 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $15K across 1 grant.

How large is Green Knight Economic Development Corp?

Green Knight Economic Development Corp reported $13.8M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $3.4M.

What is Green Knight Economic Development Corp?

Green Knight Economic Development Corp is a nonprofit organization focused on Community Improvement & Capacity Building, based in Pen Argyl, PA. It holds $13.8M in total assets as of 2024.

Where does Green Knight Economic Development Corp operate?

Green Knight Economic Development Corp has awarded grants in Pennsylvania.

What is Green Knight Economic Development Corp's EIN?

Green Knight Economic Development Corp's EIN (Employer Identification Number) is 23-3005840. 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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