South Eastern Economic Development
FOSTER THE INDUSTRIAL AND COMMERCIAL GROWTH OF SOUTHEASTERN PENNSYLVANIA BY PROVIDING FINANCING AVAILABLE THROUGH THE U.S. SMALL BUSINESS ADMINISTRATION LOAN PROGRAMS TO NEW, EXPANDED AND REHABILITATED INDUSTRIAL AND COMMERCIAL PROJECTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
-1.0% YoY
Annual Giving
$113K
-53.4% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$57K
-53.4% YoY
About South Eastern Economic Development
Based on IRS filings
South Eastern Economic Development is a nonprofit organization, based in EXTON, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 2 grants totaling $113K. Net investment income was $373K.
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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 | $4,236,846 | $4,280,310 | $4,125,560 |
| Revenue | $1,780,742 | $1,638,016 | $1,651,017 |
| Expenses | $1,671,646 | $1,655,399 | $1,438,274 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $372,768 | $25,092 | $5,069 |
| 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 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BILL STEDMAN | CHAIR | 1 | — |
| MICHAEL HANKIN | VICE CHAIR | 1 | — |
| LORRAINE R BERNOTSKY | TREASURER | 1 | — |
| MICHAEL BRAY | SECRETARY | 1 | — |
| MARK COHEN | DIRECTOR | 0.5 | — |
| LISA DONNON | DIRECTOR | 0.5 | — |
| PHILIP EARLEY | DIRECTOR | 0.5 | — |
| HOLLY GRAVER | DIRECTOR | 0.5 | — |
| TERRY GRIER | DIRECTOR | 0.5 | — |
| BETSY NIEDZIEJKO | DIRECTOR | 0.5 | — |
| RICHARD JR STIEBRITZ | DIRECTOR | 0.5 | — |
| JON SWEARER | DIRECTOR | 0.5 | — |
| ALYSON ZARRO | DIRECTOR | 0.5 | — |
| BILL BOGLE | HONARY DIRECTOR | 0.5 | — |
| EDWIN BROWNLEY | HONARY DIRECTOR | 0.5 | — |
| NANCY R CORSON | HONARY DIRECTOR | 0.5 | — |
| ROBERT F FISCHER | HONARY DIRECTOR | 0.5 | — |
| ROGER HUGGINS | DIRECTOR EMERITUS | 0.5 | — |
| LOUIS B KUPPERMAN | HONARY DIRECTOR | 0.5 | — |
| MARIAN D MOSKOWITZ | DIRECTOR EMERITUS | 0.5 | — |
| CONRAD M OLIE | HONARY DIRECTOR | 0.5 | — |
| JIM READING | HONARY DIRECTOR | 0.5 | — |
| CRAIG STYER | DIRECTOR EMERITUS | 0.5 | — |
| GARY SMITH | EXECUTIVE DIRECTOR | 5 | — |
| SHERWOOD ROBBINS | MANAGING DIRECTOR | 40 | — |
| MICHAEL GRIGALONIS | COO/ASSISTANT DIRECTOR | 8 | — |
| JIM HAMMOND | VP OF FINANCE | 8 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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