Lehigh Valley Economic
THE MISSION OF THE LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS TO MARKET THE ECONOMIC ASSETS OF THE LEHIGH VALLEY AND TO CREATE PARTNERSHIPS TO SUPPORT THE RECRUITMENT, GROWTH AND RETENTION OF EMPLOYERS, AND THE CREATION OF JOBS FOR PEOPLE OF ALL SKILL AND EDUCATION LEVELS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.9M
-2.8% YoY
Annual Giving
$27K
-60.1% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$27K
+19.6% YoY
About Lehigh Valley Economic
Based on IRS filings
Lehigh Valley Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in BETHLEHEM, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.9M in total assets. In 2024, it awarded 1 grants totaling $27K. Net investment income was $124K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,938,614 | $6,107,133 | $6,009,502 |
| Revenue | $3,337,616 | $3,329,962 | $3,199,006 |
| Expenses | $3,346,968 | $3,111,526 | $3,060,552 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $123,690 | $101,563 | $4,899 |
| 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 1 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lehigh Valley Economic Investment Corporation ($27,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LEHIGH VALLEY ECONOMIC INVESTMENT CORPORATION BETHLEHEM, PA | PA DCED PARTNERSHIPS FOR REGIONAL PERFORMANCE SUBGRANT | $27,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD T CUNNINGHAM JR | PRESIDENT/CEO | 40 | $303,117 |
| EDWARD DOUGHERTY | CHAIR | 1 | — |
| STEPHEN HOFF | VICE CHAIR | 1 | — |
| CHRIS BROWN | TREASURER | 1 | — |
| DAN MCCARTHY | SECRETARY | 1 | — |
| PAUL ANTHONY | BOARD MEMBER | 1 | — |
| HONORABLE PHILLIPS ARMSTRONG | BOARD MEMBER | 1 | — |
| DR ANN D BIEBER | BOARD MEMBER | 1 | — |
| GUNNAR BRUNIUS | BOARD MEMBER | 1 | — |
| TOM IKE | BOARD MEMBER | 1 | — |
| ADAM GALCZYNSKI | BOARD MEMBER | 1 | — |
| DR LISA GREENAWALT | BOARD MEMBER | 1 | — |
| REV JAMES GREENFIELD | BOARD MEMBER | 1 | — |
| HONORABLE DAN HARTZELL | BOARD MEMBER | 1 | — |
| T ANTHONY IANNELLI | BOARD MEMBER | 1 | — |
| NEAL KOPLIN | BOARD MEMBER | 1 | — |
| MICHAEL LANDSBURG | BOARD MEMBER | 1 | — |
| SUSAN LARKIN | BOARD MEMBER | 1 | — |
| HONORABLE LAMONT MCCLURE | BOARD MEMBER | 1 | — |
| MICHELE MCGRATH | BOARD MEMBER | 1 | — |
| SHELLY MCWILLIAMS | BOARD MEMBER | 1 | — |
| ALEX MICHAELS | BOARD MEMBER | 1 | — |
| RAYMOND MIDLAM | BOARD MEMBER | 1 | — |
| HONORABLE SAL PANTO JR | BOARD MEMBER | 1 | — |
| HONORABLE J WILLIAM REYNOLDS | BOARD MEMBER | 1 | — |
| DR TINA Q RICHARDSON | BOARD MEMBER | 1 | — |
| LOREN SPEZIALE | BOARD MEMBER | 1 | — |
| CAROLYN STENNETT | BOARD MEMBER | 1 | — |
| HONORABLE MATT TUERK | BOARD MEMBER | 1 | — |
| R SCOTT UNGER | BOARD MEMBER | 1 | — |
| CHRISTINE MARTIN | BOARD MEMBER | 1 | — |
| VICKIE DOULE' | BOARD MEMBER | 1 | — |
| DREW LEWIS | BOARD MEMBER | 1 | — |
| RICHARD REYNOLDS | BOARD MEMBER | 1 | — |
| LORI HEFFNER VARGO | BOARD MEMBER | 1 | — |
| JAIME M WHALEN | EXEC VP & CHIEF OF STAFF | 40 | $156,029 |
| KARIANNE GELINAS | VP OF REG PTPS & TALENT ST | 40 | $130,682 |
| KRISTIN CAHAYLA-HOFFMAN | VP OF BUS DVLPMT & ATTRACT | 40 | $129,347 |
| NICOLE MERTZ | VP MKTG, COMM & RESEARCH | 40 | $132,675 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lehigh Valley Economic?
Lehigh Valley Economic is a nonprofit organization focused on Community Improvement & Capacity Building, based in BETHLEHEM, PA. It holds $5.9M in total assets as of 2024.
How large is Lehigh Valley Economic?
As of 2024, Lehigh Valley Economic holds $5.9M in total assets with $3.3M in annual revenue. It awarded 1 grants totaling $27K in 2024.
Where does Lehigh Valley Economic operate?
Lehigh Valley Economic has awarded grants in Pennsylvania.
What size grants does Lehigh Valley Economic award?
In 2024, Lehigh Valley Economic awarded 1 grants totaling $27K — an average of about $27K per grant, based on its IRS Form 990 filings.
What is Lehigh Valley Economic's EIN?
Lehigh Valley Economic's EIN (Employer Identification Number) is 23-2798276. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lehigh Valley Economic's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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