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Lehigh Valley Economic

BETHLEHEM, PA EIN: 23-2798276 Website

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AllentownBethlehem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$3M$5M$7M20202021202220232024
Metric202420232022
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

$0$616K$1M$2M$2M1 grants20202 grants20213 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

LEHIGH VALLEY ECONOMIC I…$27K

Grant Size Distribution

10 grants across all recorded years

7<$50K$50–100K$100–250K1$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lehigh Valley Economic Investment Corporation ($27,000).

RecipientPurposeAmount
LEHIGH VALLEY ECONOMIC INVESTMENT CORPORATION BETHLEHEM, PAPA DCED PARTNERSHIPS FOR REGIONAL PERFORMANCE SUBGRANT$27,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DONALD T CUNNINGHAM JRPRESIDENT/CEO$303KJAIME M WHALENEXEC VP & CHIEF OF STAFF$156KNICOLE MERTZVP MKTG, COMM & RESEARCH$133KKARIANNE GELINASVP OF REG PTPS & TALENT ST$131KKRISTIN CAHAYLA-HOFF…VP OF BUS DVLPMT & ATTRACT$129K

From 2024 filing

NameTitleHoursCompensation
DONALD T CUNNINGHAM JRPRESIDENT/CEO40$303,117
EDWARD DOUGHERTYCHAIR1
STEPHEN HOFFVICE CHAIR1
CHRIS BROWNTREASURER1
DAN MCCARTHYSECRETARY1
PAUL ANTHONYBOARD MEMBER1
HONORABLE PHILLIPS ARMSTRONGBOARD MEMBER1
DR ANN D BIEBERBOARD MEMBER1
GUNNAR BRUNIUSBOARD MEMBER1
TOM IKEBOARD MEMBER1
ADAM GALCZYNSKIBOARD MEMBER1
DR LISA GREENAWALTBOARD MEMBER1
REV JAMES GREENFIELDBOARD MEMBER1
HONORABLE DAN HARTZELLBOARD MEMBER1
T ANTHONY IANNELLIBOARD MEMBER1
NEAL KOPLINBOARD MEMBER1
MICHAEL LANDSBURGBOARD MEMBER1
SUSAN LARKINBOARD MEMBER1
HONORABLE LAMONT MCCLUREBOARD MEMBER1
MICHELE MCGRATHBOARD MEMBER1
SHELLY MCWILLIAMSBOARD MEMBER1
ALEX MICHAELSBOARD MEMBER1
RAYMOND MIDLAMBOARD MEMBER1
HONORABLE SAL PANTO JRBOARD MEMBER1
HONORABLE J WILLIAM REYNOLDSBOARD MEMBER1
DR TINA Q RICHARDSONBOARD MEMBER1
LOREN SPEZIALEBOARD MEMBER1
CAROLYN STENNETTBOARD MEMBER1
HONORABLE MATT TUERKBOARD MEMBER1
R SCOTT UNGERBOARD MEMBER1
CHRISTINE MARTINBOARD MEMBER1
VICKIE DOULE'BOARD MEMBER1
DREW LEWISBOARD MEMBER1
RICHARD REYNOLDSBOARD MEMBER1
LORI HEFFNER VARGOBOARD MEMBER1
JAIME M WHALENEXEC VP & CHIEF OF STAFF40$156,029
KARIANNE GELINASVP OF REG PTPS & TALENT ST40$130,682
KRISTIN CAHAYLA-HOFFMANVP OF BUS DVLPMT & ATTRACT40$129,347
NICOLE MERTZVP MKTG, COMM & RESEARCH40$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.

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

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