Wayne Economic Development Corp
Wayne Economic Development Corp is a 501(c)(6) organization based in Honesdale, Pennsylvania. The organization is located at 32 Commercial Street, Suite A, Honesdale, PA 18431 and can be reached at 570-253-5334. The organization was established in 1962 according to IRS records.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.7M
-11.5% YoY
Annual Giving
$82K
+26.3% YoY
Grant Count
15
+50.0% YoY
Avg Grant Size
$5K
-15.8% YoY
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Geographic Focus
Where this funder awards grants
The organization operates in Wayne County, Pennsylvania, with its headquarters in Honesdale.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,686,517 | $12,074,723 | $10,131,253 |
| Revenue | $3,088,861 | $560,360 | $768,643 |
| Expenses | $1,358,573 | $1,146,995 | $1,373,593 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,443,404 | $26 | $160 |
| 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 10 recipients in 2024
Grant Size Distribution
70 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stoney Field Hldgs Llc ($10,000), 652 Auto Repair ($7,092), Flourish Esthetics & Hair ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FLOURISH ESTHETICS & HAIR PROMPTON, PA | ECONOMIC GROWTH GRANT | $5,000 |
| SUNLESS GLOW LLC HONESDALE, PA | ECONOMIC GROWTH GRANT | $5,000 |
| STONEY FIELD HLDGS LLC HONESDALE, PA | ECONOMIC GROWTH GRANT | $10,000 |
| ALL COUNTY TAX RESOLUTION LAKE ARIEL, PA | ECONOMIC GROWTH GRANT | $5,000 |
| 2 U AUTO DETAILING HONESDALE, PA | ECONOMIC GROWTH GRANT | $5,000 |
| TICKED OFF LLC LAKE ARIEL, PA | ECONOMIC GROWTH GRANT | $5,000 |
| ROBINSON LAND SERVICE WAYMART, PA | ECONOMIC GROWTH GRANT | $5,000 |
| MOUNT PLEASANT HERBARY HONESDALE, PA | ECONOMIC GROWTH GRANT | $5,000 |
| JAG CULINARY LLC HONESDALE, PA | ECONOMIC GROWTH GRANT | $5,000 |
| BALANCE GYMNASTICS & WELLN WAYMART, PA | ECONOMIC GROWTH GRANT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TROY BYSTROM | DIRECTOR | 1 | $236,269 |
| MARY BETH WOOD | EXECUTIVE DIRECTOR | 40 | $110,038 |
| MARY ELLEN BENTLER | DIRECTOR | 1 | — |
| PETER BOCHNOVICH | VICE PRESIDENT | 2 | — |
| BONNIE BOND | DIRECTOR | 1 | — |
| JAMES DONNELLY | DIRECTOR | 1 | — |
| TINA DIEHL | TREASURER | 2 | — |
| ANTHONY HERZOG | SECRETARY | 2 | — |
| JAMES LABAR | DIRECTOR | 1 | — |
| JAMES PETTINATO | DIRECTOR | 1 | — |
| CRAIG RICKARD | DIRECTOR | 1 | — |
| ALANA ROBERTS | DIRECTOR | 1 | — |
| KENNETH SHINO | DIRECTOR | 1 | — |
| BRIAN SMITH | DIRECTOR | 1 | — |
| WAYNE STEPHENS | PRESIDENT | 2 | — |
| LUKE TURANO | DIRECTOR | 1 | — |
| LUCYANN VIERLING | DIRECTOR | 1 | — |
| JENNIFER WARGO | DIRECTOR | 1 | — |
| MICHAEL WOOD | DIRECTOR | 1 | — |
| THOMAS SHERIDAN | DIRECTOR | 1 | — |
| TOM SUNICK | DIRECTOR | 1 | — |
| BRIAN CHAPMAN | DIRECTOR | 1 | — |
| DANIEL CARD | DIRECTOR | 1 | — |
| TIMOTHY JAGGARS | DIRECTOR | 1 | — |
| MICHELLE FIRMSTONE | DIRECTOR | 1 | — |
| KATHERYNE HAIT | DIRECTOR | 1 | — |
Contact Information
- Address: 32 Commercial Street, Suite A, Honesdale, PA 18431
- Phone: 570-253-5334
- Website: wayneeconomic.com
- EIN: 24-6015814
Frequently Asked Questions
Where does Wayne Economic Development Corp make grants?
The organization operates in Wayne County, Pennsylvania, with its headquarters in Honesdale.
What size grants does Wayne Economic Development Corp award?
In 2024, Wayne Economic Development Corp awarded 15 grants totaling $82K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Wayne Economic Development Corp's EIN?
Wayne Economic Development Corp's EIN (Employer Identification Number) is 24-6015814. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Wayne Economic Development Corp's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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