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Public Visual Render  ObjectId: 001 ­ Submission: 2015­01­16 TIN: 20­5478191


OMB No. 1545­
Return of Organization Exempt From Income Tax
990 0047
Form
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private
foundations) Do not enter social security numbers on this form as it may be made public. 2019
Department of the Go to www.irs.gov/Form990 for instructions and the latest information. Open to Public
Treasury Inspection
Internal Revenue Service
A  For the 2019 calendar year, or tax year beginning 01­01­2019 , and ending 12­31­2019
B Check if applicable: C Name of organization D Employer identification number
Address change GREEN KNIGHT ECONOMIC DEVELOPMENT CORP

Name change 23­3005840
Initial return Doing business as 
Final
return/terminated
E Telephone number
Amended return Number and street (or P.O. box if mail is not delivered to street address) Room/suite
Application pending 2147 PEN ARGYL ROAD PO BOX 4 (610) 863­5898
City or town, state or province, country, and ZIP or foreign postal code
PEN ARGYL, PA 18072 G Gross receipts $ 1,645,591

F Name and address of principal officer:  H(a) Is this a group return for


Peter Albanese subordinates?  Yes  No
706 Rudolf Road H(b) Are all subordinates  Yes  No
Pen Argyl, P A 1 8 0 7 2 included?
I Tax­exempt status: 501(c)(3)  501(c) (  )  (insert no.)  4947(a)(1) or  527 If "No," attach a list. (see instructions)
H(c) Group exemption number 
J Website: N/A

K Form of organization:  Corporation  Trust  Association  Other  L Year of formation: 1999 M State of legal domicile: PA

Part I Summary
1 Briefly describe the organization’s mission or most significant activities:
Providing economic relief for poor & distressed local citizens

2 Check this box   if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body (Part VI, line 1a)  . . . . . . . . 3 0
4 Number of independent voting members of the governing body (Part VI, line 1b)  . . . . . 4 0
5 Total number of individuals employed in calendar year 2019 (Part V, line 2a)  . . . . . . 5 0
6 Total number of volunteers (estimate if necessary)  . . . . . . . . . . . . . 6 9
7a Total unrelated business revenue from Part VIII, column (C), line 12  . . . . . . . . 7a 0
b Net unrelated business taxable income from Form 990­T, line 39  . . . . . . . . . 7b 0
Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h)  . . . . . . . . . 532,649
9 Program service revenue (Part VIII, line 2g)  . . . . . . . . . 1,531,454 995,025
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d )  . . . . 31,120 40,486
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 78,752 77,431
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 1,641,326 1,645,591

13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 ) . . . 31,742 69,000


14 Benefits paid to or for members (Part IX, column (A), line 4) . . . . . 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 0
16a Professional fundraising fees (Part IX, column (A), line 11e)  . . . . . 0
b Total fundraising expenses (Part IX, column (D), line 25)  0
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e) . . . . 1,278,612 989,904
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,310,354 1,058,904
19 Revenue less expenses. Subtract line 18 from line 12 . . . . . . . 330,972 586,687
Beginning of Current End of Year
Year

20 Total assets (Part X, line 16) . . . . . . . . . . . . . 8,938,167 8,729,854


21 Total liabilities (Part X, line 26) . . . . . . . . . . . . . 4,382,572 3,587,572
22 Net assets or fund balances. Subtract line 21 from line 20 . . . . . 4,555,595 5,142,282
Part II Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of
my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which
preparer has any knowledge.
2020­11­16
Signature of officer Date
Sign
Here PETER ALBANESE TREASURER
Type or print name and title

Print/Type preparer's name Preparer's signature Date  PTIN 


2020­11­16 Check  if P00493247
Paid self­employed
Firm's name  Mark M Kukla CPA LLC Firm's EIN 
Preparer
Use Only Firm's address  106 North Franklin St Phone no. (610) 863­7776

Pen Argyl, PA 18072

May the IRS discuss this return with the preparer shown above? (see instructions)  . . . . . . . . . . Yes No
For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 11282Y  Form 990 (2019)
294932570003 3 9
OMB No 1545-0047
t't Form 1990 Return of Organization Exempt From Income Tax ^O

Under section 501(c ), 527, or 4947(a)(1) of the Internal Revenue Code ( except private foundations) 2JSJ
^ Do not enter social security numbers on this form as it may be made public . Open
Department of the Treasury
internal Revenue Servi ce ^ Go to www. irs.gov /Form990 for instructions and the latest information. Ins p ecti o n
A For the 2018 calendar year , or tax year beginning , 2018, and ending , 20
B Check if applicable C Name of organization frjaEn Kni g ht Economic Develo p ment Cor p. D Employer identification number

❑ Address change Doing business as 23-3005840


"^ - ❑ Name change Number and street (or P 0 box if mail is not delivered to street address) Room/suite E Telephone number

❑ Initial return 2147 Pen Argyl Road PO Box 4 (610)863-5898


❑ Final retum/terminated City or town state or province, country, and ZIP or foreign postal code
❑ Amended return Pen Argyl, PA 18072 G Gross receipts $ 1, 641, 326 .
❑ Application pending F Name and address of principal officer H(a) Is this a group return for subordinates' ? ❑ Yes No
Peter Albanese , 706 Rudolf Road , Pen Ar 1 PA 1JO'U H(b) Are all subordinates included? El Yes El No
Tax-exempt status 21501 ( c) (3) ❑ 501(c) ( 011 insert no) ❑ 4947 (a) ( 1 ) or ❑ 52 If "No," attach a list (see instructions)
I
J Website : ^ N/A H(c) Group exemption number ^
K Form of organization Q Corporation ❑ Trust ❑ Association ❑ Other ^ L Year of formation 19 9 9 M State of legal domicile PA
Summary
1 Briefly describe the organization's mission or most significant activities. ?rovidinq economic relief for Door & distressed local_ citizens-
------------------------------- -- ----- ------------------------------------------------------------------------- -------------------------------------------------------
r
r ______________________________________________________________________________________ _______________________________________________________
iv 2 Check this box ^ U if the organization discontinued its operations or disposed of more than 25 % of its net assets.
(o0 3 Number of voting members of the governing body (Part VI, line 1 a) . . . . . . . 3 0
ad 4 Number of independent voting members of the governing body (Part VI, line 1 b) . . . 4 0
2 5 Total number of individuals employed in calendar year 2018 (Part V , line 2a) . . . 5 0
6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . 6 9
7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . 7a 0.
b Net unrelated business taxable income from Form 990 -T, line 38 7b 0.
a, Prior Year Current Year
O
(V 8 Contributions and grants (Part VIII, line 1 h) . . . . . . . . . 146 , 144.
C 9 Program service revenue (Part VIII , line 2g) . . . . . . 1, 151, 577. 1, 531, 454.
10 Investment Income (Part VIII, column (A), lines 3 , 4, and 7d) . . . 24 , 748. 31 , 120.
°C 11 Other revenue (Part VIII, column (A), lines 5 , 6d, 8c , 9c, 1Oc , and 11e) 69, 690. 78, 752.
U
CD 12 Total revenue - add lines 8 through 11 (must equal Part VIII , column (A), line 12) 1 392 , 159. 1 , 641 , 326.
0 13 Grants and similar amounts paid (Part IX , column (A), lines 1-3) . . . . . 31 , 000. 31 , 742.
W 14 Benefits paid to or for members (Part IX, column (A), line 4) . . . . .
Z Salaries , other compensation , employee benefits (Part IX, column (A), lines 5-10)
Z ce 15
16a Professional fundraising fees ( Part IX , column (A), line l i e) .
X b Total fundraising expenses (Part IX, column ( l ine 0.
^V- ED 1, 446, 076. 1,278, 612.
W 17 Other expenses (Part IX, column (A), lines 11 1 - v
18 Total expenses Add lines 13- 17 (must equal IX, column (A), line 25 (n 1, 477, 076. 1,310,354.
19 Revenue less expenses . Subtract line 18 fro 12SEP. 1.0 .2019 . C? -84 , 917. 330, 972.
Beginning of Current Year End of Year
U

N 20 Total assets (Part X, line 16) . . . . . . QGDEN , LIT 9, 362, 195. 8, 938, 167.
aD 21 Total liabilities (Part X, line 26) . . . . . . . . ^^ • . 5, 137, 572. 4,382,5 72 m
ZLL 22 Net assets or f d balances . Subtract line 21 from line 20 4,224, 623. 4, 555, 595.
k
Under penalties of perjury , ec re that I have examined this return, including accompanying schedules and statements , and to the best of my knowledge and belief, it is
true, correct , and comple D laration of pre a r (other than officer) is based on all information of which preparer has any knowledge

Sign ' Si ature of officer


Here ' Peter Albanese , Treasurer
Type or print name and title
Print/Type preparer ' s name Preparer ' signat re
Paid
Mark M. Kukla, CPA
Preparer
Firm's name
^ Mark M Kukla , CPA , LLC
Use Only
Firm'saddress ^ 106 North Franklin St. Pe
May the IRS discuss this return with the preparer shown above'? (s
For Paperwork Reduction Act Notice, see the separate instructions.
s t
OMB No 1545-0047
Form 990
• Return of Organization Exempt From Income Tax 1 2016
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Depa rtment of the Treasury ' Do not enter social security numbers on this form as it may be made public.
In te rtat n of th Service Information about Form 990 and its instructions is at www.irs.gov/form990.

A For the 2016 calendar year, or tax year beginning , 2016, and ending
Check if applicable C Name oforganizaton D Employer identification number
B Green Kni g ht Economic Develo p ment Corp.
Address change Doing business as 23-3005840
Name change Number and street ( or P 0 box if mail is not delivered to street address ) Room /suite E Telephone number

Initial return 2147 Pen Ar l Road PO Box 4 (610) 863-5898


Final returNterminaled City or town , state or province , country , and ZIP or foreign postal code

Amended return Pen Ar gy l PA 18072 G Gross receipts $ 1, 4 9 6, 0 5 3.


Application pending F Name and address of principal officer H(a) Is this a group return for subordinates? Yes X No

Peter Albanese 45 N. Lehi g h Ave. Wind Ga p PA 18091 H(b)Areallsubordinates included? H Yes No


If'No,' attach a list (see instructions)
I Tax-exempt status I X 1 501(c)(3) 501(c) ( )' (Insertno) 1 4947 (a)(1) or 1 527
J Website : ' N/A H( c) Group exemption number
K Form of organization X Corporation Trust Association Other L Year of formation 1999 M State of legal domicile PA

0a Summary
1 Briefly describe the organization 's mission or most significant activities - - - Providing economic relief for poor & distressed local citizens
- - - --- --------
°' ---------------------------------------------------------------
U
C
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

1 2 Check this box 1, if the oraanlzatlon discontinued its ooerations or dlsoosed of more than 25% of its net assets
n ------------------------------------------
3 Number of voting members of the governing body ( Part VI , line 1 a ) . . . . . . . . . . . . . . . . . . . . 3 0
°'d 4 Number of independent voting members of the governing body (Part VI, line 1 b) . . . . . . . . . . . . . . . 4 0
5 Total number of individuals employed in calendar year 2016 (Part V, line 2a) . 5
:? 6 Total number of volunteers (estimate if necessary ) . . . . . . . •_, 6 9
7a Total unrelated business revenue from Part VIII , colump-(E , hne 12 ). 7a 0.
b Net unrelated business taxable income from Form 990 7 , Iln_e`34 e• . . . . . . . . . .
C'^ 7b 0.
P tt ^ Prior Year Current Year
8 Contributions and grants ( Part VIII, line 1 h ) . . . . . . . . ...
9 Program service revenue (Part VIII, line 2g ) . . . . . 1,780, 388. 1, 415, 111 .
10 Investment income ( Part Vill , column (A), lines 3 , 4, and 7d ) • ^^^1 ^^ 18, 152. 16,650.
11 Other revenue ( Part VIII , column (A), lines 5 , 6d, 8c , 9c, 10 and= e}^ . . . . . 4-7, 348. 64,292.
12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12 ) . . . . . 1,845, 888. 1,496,053.
13 Grants and similar amounts paid (Part IX , column (A), lines 1 -3) . . . . . . . . . . . . . 28, 678. 21,991.
14 Benefits paid to or for members ( Part IX , column (A), line 4 ) . . . . . . . . . . . . . . . .
15 Salaries , other compensation , employee benefits ( Part IX , column (A), lines 5- 10) . . . . .
to 16a Professional fundraising fees ( Part IX , column (A), line 11e ) . . . . . . . . . . . . .
b Total fundraisin g ex p enses ( Part IX, column ( D), line 25 ) ^ `: -""r ^ ^^'" i ^ ' _''"^' Y "'
17 Other expenses ( Part IX, column (A), lines 11a - 11d, 11f-24e) . . . . . . . . . . . . . . 1, 232, 072. 1, 280, 069.
18 Total expenses Add lines 13- 17 (must equal Part IX , column (A), line 25) . . . . . . . . . 1,260, 750. 1,302,060.
19 Revenue less expenses Subtract line 18 from line 12 . . . . . . . . . . . . 585, 138. 193,993.
Beg inning of Current Year End of Year
tam 20 Total assets ( Part X , line 16 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7, 895, 548. 7, 414, 540.
21 Total liabilities ( Part X , line 26 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 876, 766. 3, 105,000.
= 22 Net assets or fund bat s Subtract line 21 from line 20 . . . . . . . . . . . . . . . . 4, 018,782. 4,309,540.
a t Signature Itst K
Under penalties of penury, I declare at I h ve examined this return, including accompanying schedules and statements , and to the best of my knowledge and belief , it is true, correct, and
complete Declaration of preparer her t n officer) is based oo 911 information of which preparer has any knowledge

C^A - „UI, „ UU-,,-


Sign
Here ' Peter Albanese
Type or print name and title

LU PrinTrype preparers name Pr re^5 s ture


Cn
Paid Richard C. Guarr y , PA Richard C. G
Preparer Firm's name ' R.C. Guarry & Associates,
Use Only Firm's address ""' 106 North Franklin St., S
NE
Pen Argyl
May the IRS discuss this return with the preparer shown above? ( see inst
0
BAA For Paperwork Reduction Act Notice , see the separate instruct
Form 990 OMB No 1545-0047

Return of Organization Exempt From Income Tax


Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
2015
Department of the Treasury
Do not enter social security numbers on this form as It may be made public.
Internal Reven ue Service Information about Form 990 and its instructions is at www.irs.gov/form990.

A For the 2015 calendar year , or tax year beginning , 2015 , and ending
B Check if applicable C Name of organization Green Kni g ht Economic Develo p ment Corp. D Employer Identification number
Address change Doing business as 23-3005840
Name change Number and street (or P 0 box If mall Is not delivered to street address) Room/suite E Telephone number
Initial return 2147 Pen Ar l Road PO Box 4 (610) 863-5898
Final retumltemihiated - City or town, state or province , country, and ZIP or foreign postal code

Amended return Pen Ar gy l PA 18072 G Gross receipts $ 1, 8 4 5, 8 8 8.


Application pending F Name and address of principal officer H(a) Is this a group return for subordinates ?

Tax-exempt status
Pet er Albanese 45 N. Lehi g h Ave. Wind Ga
X 501(c)(3) 501(c) ( )' (insert no) 494'
PA 18 0 91
;1) or 527
H( b) Are all subordinates Included?
__If'No,' attach a list. (see Instructions)- H Yes
Yes
X No
No

J Website: ' N/A H(c) Group exemption number ^


K Form of oraanlzahon X Coroorabon I I Trust Association Other I_ Year of formation 1 9 9 9 M State of leaal dom,cde Da

Summa ry
1 Briefly describe the organization 's mission or most significant activities : - - Providing economic relief for poor t< distressed local citizens
a, ----------------------------------------- ----------- -----------
c
U

E
-------------------------------------- --- - - - - - - - -
2 Check this box
-------- - ^if the organization discontinued its operations or disposed of more than 25% of its net assets.
3 Number of voting members of the governing body ( Part VI , line la ) . . . . . . . . . . . . . . . . . . . . . 3 0
ed 4 Number of independent voting members of the governing body (Part VI, line 1 b ) . . . . . . . . . . . . . . . 4 0
°-' 5 Total number of individuals employed in calendar year 2015 (Part V, line 2a ) . . . . . . . . . . . . . . . . . 5
AM. 6 Total number of volunteers (estimate if necessary) . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 9
Q 7a Total unrelated business revenue from Part VIII , column ( C), line 12 . . . . . . . . . . . . . . . . . . . . . 7a 0.
b Net unrelated business taxable income from Form 990 -T, line 34 . . . . . . . . . . . . . . . . . . . . 7b 0.
Prior Year C urrent Year
8 Contributions and grants (Part VIII, line 1 h ) . . . . . . . . . . . . . . . . . . . . . . . .
9 Program service revenue (Part VIII, line 2g ) . . . . . . . . . . . . . . . . . . . . . . . . 1 812 , 4 8 0 . 1,780,388.
M. 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) . . . . . . . . . . . . . . . 2,419. 18, 152 .
11 Other revenue ( Part VIII , column (A), lines 5 , 6d, 8c , 9c, 10c, and 11 e ) . - . . . . . . . . 47 , 348.
12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12 ) . . . . . 1 , 824,899. 1,845,888.
13 Grants and similar amounts paid (Part IX, column (A), lines 1 -3) . . . . . . . . . . . . . . 31,806. 28,678.
14 Benefits paid to or for members ( Part IX , column (A), line 4 ) . . . . . . . . . . . . . . . .
15 Salaries , other compensation , employee benefits ( Part IX , column (A), lines 5- 10) . . . . .
0) 16a Professional fundraising fees ( Part IX , column (A), tine 1le ) . . . . . . . . . . . . . . . .
C b Total fundraising expenses ( Part IX , column ( D), line 25) 1, 0.
17 Other expenses ( Part IX , column (A), lines 11a- 11d, 11f-24e) . . . . . . . . . . . . . . 1, 073, 178. 1,232,072.
18 Total expenses . Add lines 13- 17 (must equal Part IX, column (A), line 25) . . . . . . . . . 1 , 10 4 , 9 8 4 . 1,260,750.
19 Revenue less expenses . Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . . 719, 915. 585,138.
Be innln of Current Year End of Year
^$ 20 Total assets ( Part X , line 16 ) . ^L^•,_(^^ . . . . . . . . . . 7, 853, 630. 7, 895, 548 .
^ 21 Total liabilities ( Part X , line 26 ). . . . . . .-. . . . . . . . . . . . Jl 4,420,000. 3,876,766.
z 5 22 Net assets or fund balances . Subtract line 2,1 from line 0 . 01
f^ . . . . . . . . 3,433,630. 4, 18,782.
Si g nature B ck i to
Under penalties of perjury. I declar 4hat I have examined this return and to the best of my knowledge and belief, It Is true, correct, and
omplete Declaration of preparer/other1than officer) is based on all

b gnyure or officer ^ ^ -
a ign
Here Peter Albanese
Type or print name and title

(fi. Pdnt/Type preparer's name Prepar sl ature

Paid Richard C. Guarr , PA Richard C. uarr


treparer Finn's name * R.C. Guarry & Associates, Inc
se Only Firm's address " 106 North Franklin St'.. Suite
Pen Ar 1 P1
y the IRS discuss this return with the preparer shown above? ( see instruction
BAA For Paperwork Reduction Act Notice , see the separate Instructions.
OMB No 1545-0047
Form 990
Return of Organization Exempt From Income Tax 204
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
Do not enter social security numbers on this form as it may be made public.
Department of the Treasury
Internal Revenue Service Information about Form 990 and its instructions is at www. irs.gov/form990.
A For the 2014 calendar year, or tax year beginning , 2014 , and ending
C Name of organization D Employer Identification number
B Check if applicable Green Kni g ht Economic Develo p ment Cor p.
Address change Doing business as 23-3005840
Name change Number and street ( or P 0 box if mail is not delivered to street address ) Room /suite E Telephone number

Initial return 2147 Pen Ar l Road PO Box 4 (610) 863-5898


Final returnlterminated City or town , state or province , country , and ZIP or foreign postal code

Amended return Pen Ar l PA 18072 G Gross receipts $ 1, 824, 899.


H ( a) Is this a group return for subordinates?
Application pending

Tax-exempt status
F Name and address of principal officer

Peter Albanese 45 N . Lehi g h Ave . Wind Gap


I X 1 501 (c)(3) 501 (c) ( ) 4 (insert no)
PA
4947(a)(1) or
18091
527
H(b) Are all subordinatesincluded7
If ' No, ' attach a list (see instructions)
H Yes
Yea
X No
No

J Website : - N/ A H(c) Group exemption number ^


K Form of organization X Corporation Trust Association Other L Year of formation 1999 M State of legal domicile PA

Summa ry
1 Briefly describe the organization 's mission or most significant activities
Providing economic relief for poor & di stressed local citizens
---- --------- -- -----------
U ----------------------------------------- ----------- -----------

- e - . x- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
0 2 Check
h -k this box if the organization discontinued its operations or disposed of more than 25% of its
net assets
3 Number of voting members of the governing body (Part VI, line 1a ) . . . . . . . . . . . . . . . . . . . .
. . 3 0
06 4 Number of independent voting members of the governing body (Part VI , line 1 b ) . . . . . . . . . . . . .
. 4 0
D 5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) . . . . . . . . . . . . .
. . . 5
.a 6 Total number of volunteers (estimate if necessary ) . . . . . . • . 6 9
7a Total unrelated business revenue from Part VIII, column (C), line 12 . . . . . . . - . . . . . . . 7a 0.
b Net unrelated business taxable income from Form 990-T, line - • • • • • • • . • 7b 0.
Prior Year Current Year
8 Contributions and grants (Part VIII, line 1 h ) . . . . . . . . . ^ pp q. i^glc . 0
9 Program service revenue (Part VIII, line 2g ) • • • . • . . . o• U 1141 U• U U^J 1,890, 986. 1,612,480.
m 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) - 6, 482. 12,419.
IM 11 Other revenue (Part Vlll, column (A), lines 5 , 6d, 8c , 9c, 1Oc, d 11e DGDEN., .UT . . 0.
12 Total revenue - add lines 8 through 1 1 (must equal Part VIII, • • • • • 1 , 897 , 4 68 . 1,824,899.
13 Grants and similar amounts paid (Part IX , column (A), lines 1-3) . . . . . . . . . . . . . . 40,568. 31,806.
14 Benefits paid to or for members (Part IX, column (A), line 4 ) . . . . . . . . . . . . . . . .
15 Salaries , other compensation , employee benefits (Part IX , column (A), lines 5-10) . . . . .
to 16a Professional fundraising fees (Part IX, column (A), line 11e ) . . . . . . . . . . . . . . . .
C b Total fundraising expenses (Part IX , column (D), line 25) ^ 0,
17 Otherexpenses (Part IX, column (A), lines 11a-11d, llf-24e) . . . . . . . . . . . . . . . . 1, 076, 033. 1,073,178.
18 Total expenses . Add lines 13- 17 (must equal Part IX, column (A), line 25) . . . . . . . . . 1,116, 601. 1 , 104, 984 .
19 Revenue less expenses Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . . . 780, 867 . 719, 915.
E8 Beg i nn i ng of Current Year End of Year
t^ m 20 Total assets (Part X, line 16 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 , 548 , 489 . 7,853,630.
rn 21 Total liabilities (Part X , line 26 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5, 025 000. 4 , 420,000.
22 Net assets or fund balances Subtract line 21 from line 20 . . . . . . . . . . . . . . . . 2 523 , 4 8 9 . 3 , 433,630.
m M OEN Si g nature BI k
Under penalties of perjury, I declare at I/iave examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and
complete Declaration of preparer therAan officer) is based 9n all information of which preparer has any knowledge

Sign „7 u,n u, u„-,


Here Peter Albanese
Type or print name and title
Pnnt/Type preparer's name nat

Paid Richard C. Guarr y , PA Ric YVA


Preparer Firm's name ' R.C. Guarry & Associates,
Use Only Firm's address "' 106 North Franklin St., Su
Pen Ar gy l
May the IRS discuss this return with the preparer shown above? (see instrt,
BAA For Paperwork Reduction Act Notice , see the separate instructic
OMB No 1545-0047
- orm 990
Return of Organization Exempt From Income Tax 2013
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
^ Do not enter Social Security numbers on this form as it may be made public ' Oj}e #d_Pubtk
Department of the Treasury
Internal Revenue Se rvi ce ^ Information about Form 990 and its instructions is at www. irs.gov/form990. ;. `, _1t^apee T^
A For the 2013 calendar year, or tax year beginning , 2013 , and ending
C Name of organization Development Corp. D Employer Identification Number
B Check if applicable Green Knight Economic
Address change Doing Business As 23-3005840
Number and street ( or P 0 box if mall is not delivered to street address ) Room/suite E Telephone number
Name change

Initial return 2147 Pen Ar l Road PO Box 4 (610) 863-5898


Terminated City or town , state or province , country , and ZIP or foreign postal code

Amended return Pen Ar l PA 18072 G Gross receipts $ 1, 897, 468.


H(a) Is this a group return for subordinates?

I
Application pending

Tax-exempt status
F Name and address of principal officer

Peter Albanese 45 N. Lehi g h Ave. Wind Ga p


X 501(c)(3) 501(c) ( )' (Insert no ) 4947(a)(1)or
PA 18091
527
H(b) Are all subordinates lnduded7
If No,' attach a list (see instructions)
H Yes
Yes
X No
fl No

J Website • ^ N/A IH(c) Group exemption number


K Form of organization X Corporation Trust Association Other ^ L Year of formation 1999 M State of legal domicile PA

Part) ` ` Summary
1 ' Briefly describe the organization 's mission or most significant activities : Providing economic relief for poor & distressed local citizens
---- --------- -------------
d' ---------------------------------------------------------------
?^J C
2 Check this how 1, I I If the oraanlzatlon discontinued Its ooeratlons or dlsoosed of more than 25% of its net assets
3 Number of voting members of the governing body (Part VI, line 1a ) . . . . . . . . . . . . . . . . . . . . 3 0
Ca 4 Number of independent voting members of the governing body (Part VI, line 1 b ) . . . . . . . . . . . . . 4 0
JUy 5 Total number of individuals employed in calendar year 2013 (Part V, line 2a ) . . . . . . . . . . . . . . . . 5
6 Total number of volunteers (estimate if necessary ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 9
7a Total unrelated business revenue from Part VIII, column (C), line 12 7a 0.
C b Net unrelated business taxable income from Form 99 71b
I- It L v
Re V Prior Year Current Year
8 Contributions and grants (Part VIII , line 1 h ) -.-^ - - N
9 Program service revenue (Part VIII, line 2g ) ., . ^ ^. ^• MA. •N 1, 363, 491. 1, 890, 986.
10 Investment Income (Part VIII, column (A), lines 3 + and 25,765. 6,482.
- 11 Other revenue (PartVIII, column (A), lines 5 , 6d, 8c 9c, 1 0 c , aO d 11 e) • • 0. 0.
12 Total revenue - add lines 8 through 11 (must eqL l Parc,Vl , , ), ^2) 1, 389, 256. 1, 897 468.
13 Grants and similar amounts paid (Part IX , column A), lines - • • • • • • • • • • • 1, 287, 000. 40, 568.
14 Benefits paid to or for members ( Part IX , column (Arline 4) . . . . . . . . . . . . . . . .
15 Salaries , other compensation , employee benefits (Part IX, column (A), lines 5-10) . . . . .
w 16a Professional fundraising fees (Part IX, column (A), line 11e ) . . . . . . . . . . . . . . . .
o b Total fundraising expenses (Part IX, column (D), line 25 ) ^ 0.
17 Otherexpenses (Part IX, column (A), lines 11a- 11d, 11f-24e) . . . . . . . . . . . . . . . 1, 369, 076. 1, 076, 033.
18 Total expenses Add lines 13 - 17 (must equal Part IX , column (A), line 25 ) . . . . . . . . 2, 656, 076. 1,116, 601.
19 Revenue less expenses . Subtract line 18 from line 12 . . . . . . . . . . . . . . . . . . . -1,266,820. 780, 867.
eg Beginning of Current Year End of Year
20 Total assets (Part X, line 16 ) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7, 342, 622. 7,548, 489.
5 21 Total liabilities (Part X, line 26 ) .. . .. ... ............ .. . .... .. 5, 600, 000. 5,025,000.
Zu. 22 Net assets or fund balances Subtract line 21 from line 20 . . . . • • • • • • • • . • • • • 1, 742,622. 2,523,489.
IF-MMSignature Block
Under penalties of perjury, I declare'($t I have examined this return, Including accompanying schedules and statements, and to the best of my knowledge and belief, it Is true, correct, and
complete Declaration of preparey(otper than officer) is based on all information of which preparer has any knowledge.

Sigrjftture of officer Date


Sign
Here Peter Albanese
Type or punt name and title.

Print/Type preparer's name Pre re r' sig re

Paid Richard C. Guarr y , PA Richard C. Gu


Preparer Firm's name ^ R.C. Guarry & Associates,
Use Only Firsaddress ^ 106 North Franklin St. , Su
Pen Ar l
May the IRS discuss this return with the preparer shown above ? (see instrL
BAA For Paperwork Reduction Act Notice , see the separate instructic

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