Wayne Economic Development Corp logo

Wayne Economic Development Corp

HONESDALE, PA EIN: 24-6015814 Website

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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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

1states

States

Cities

BartoBeach LakeEquinunkGouldsboroHamlinHawleyHonesdaleKing Of PrussiaLake ArielLakevilleLakewoodNewfoundlandPleasant MountPreston ParkPromptonStarlightTyler HillWaymartWilkes Barre

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$849K$2M$3M$3M20202021202220232024
Metric202420232022
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

$0$468K$935K$1M$2M0 grants202026 grants202119 grants202210 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

STONEY FIELD HLDGS LLC$10K652 AUTO REPAIR$7KFLOURISH ESTHETICS & HAIR$5KSUNLESS GLOW LLC$5KALL COUNTY TAX RESOLUTION$5K2 U AUTO DETAILING$5KTICKED OFF LLC$5KROBINSON LAND SERVICE$5KMOUNT PLEASANT HERBARY$5KJAG CULINARY LLC$5K

Grant Size Distribution

70 grants across all recorded years

66<$50K3$50–100K$100–250K$250–500K$500K–1M1$1–5M$5M+

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

TROY BYSTROMDIRECTOR$236KMARY BETH WOODEXECUTIVE DIRECTOR$110K

From 2024 filing

NameTitleHoursCompensation
TROY BYSTROMDIRECTOR1$236,269
MARY BETH WOODEXECUTIVE DIRECTOR40$110,038
MARY ELLEN BENTLERDIRECTOR1
PETER BOCHNOVICHVICE PRESIDENT2
BONNIE BONDDIRECTOR1
JAMES DONNELLYDIRECTOR1
TINA DIEHLTREASURER2
ANTHONY HERZOGSECRETARY2
JAMES LABARDIRECTOR1
JAMES PETTINATODIRECTOR1
CRAIG RICKARDDIRECTOR1
ALANA ROBERTSDIRECTOR1
KENNETH SHINODIRECTOR1
BRIAN SMITHDIRECTOR1
WAYNE STEPHENSPRESIDENT2
LUKE TURANODIRECTOR1
LUCYANN VIERLINGDIRECTOR1
JENNIFER WARGODIRECTOR1
MICHAEL WOODDIRECTOR1
THOMAS SHERIDANDIRECTOR1
TOM SUNICKDIRECTOR1
BRIAN CHAPMANDIRECTOR1
DANIEL CARDDIRECTOR1
TIMOTHY JAGGARSDIRECTOR1
MICHELLE FIRMSTONEDIRECTOR1
KATHERYNE HAITDIRECTOR1

Contact Information

  • Address: 32 Commercial Street, Suite A, Honesdale, PA 18431
  • Phone: 570-253-5334
  • Website: wayneeconomic.com
  • EIN: 24-6015814

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

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