2023-10-26T13:26:51-04:00 2022-12-31 251644159 BROWN SCHULTZ SHERIDAN & FRITZ 210 GRANDVIEW AVE CAMP HILL PA 170111706 990 2022-01-01 236291092 CAPITAL REGION ECONOMIC DEVELOPMENT CORP CAPI 7172324099 3211 NORTH FRONT STREET STE 201 HARRISBURG PA 17110 SCOTT ROGERS VP, FINANCE & ADMIN 7172324099 2023-10-13 true SCOTT ROGERS 999009999 false JOHN W BONAWITZ P00033505 7177617171 2023-10-20 2022 2023-04-26 12:10:37Z RYAN UNGER 3211 NORTH FRONT STREET STE 201 HARRISBURG PA 17110 741925 false X WWW.HARRISBURGREGIONALCHAMBER.ORG X 1984 PA THE MISSION OF THE CAPITAL REGION ECONOMIC DEVELOPMENT CORP. IS TO BE A CATALYST FOR POLICY CHANGE, FOR JOB CREATION AND FOR BUSINESS GROWTH IN CUMBERLAND, DAUPHIN AND PERRY COUNTIES THAT ENHANCES THE QUALITY OF LIFE IN OUR REGION. 35 34 0 150 0 412671 298783 428275 317443 106936 8165 0 947882 624391 0 0 0 0 10240 1042276 854256 1042276 854256 -94394 -229865 5791154 5174095 1349590 1139173 4441564 4034922 X THE MISSION OF THE CAPITAL REGION ECONOMIC DEVELOPMENT CORP. IS TO BE A CATALYST FOR POLICY CHANGE, FOR JOB CREATION AND FOR BUSINESS GROWTH IN CUMBERLAND, DAUPHIN AND PERRY COUNTIES THAT ENHANCES THE QUALITY OF LIFE IN OUR REGION. false false 554803 317443 TO PERFORM AND PROMOTE ECONOMIC DEVELOPMENT IN SOUTH CENTRAL PENNSYLVANIA THROUGH FINANCING AND LOAN PROGRAMS, BUILDING AND SITE LOCATION, INTERNATIONAL EXPORT OPPORTUNITIES, REGIONAL INFRASTRUCTURE AND EXISTING BUSINESS RETENTION AND EXPANSION. DURING 2021, CREDC ORIGINATED 16 PROJECTS WITH LOANS, GRANTS AND TAX CREDITS THAT RESULTED IN APPROXIMATELY 42 MILLION IN PRIVATE INVESTMENT, 90 MILLION IN PUBLIC FUNDING AND CREATED OR RETAINED 2,200 JOBS IN SOUTH CENTRAL PENNSYLVANIA. 554803 true true false false false false false false true false false false false true false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 0 0 0 false false false false false false false false false false false false X 35 34 true false false false false false false true true false false false true true true false true false false false PA X SCOTT ROGERS 7172135039 3211 NORTH FRONT STREET HARRISBURG PA 17110 RYAN UNGER PRESIDENT 14.00 26.00 X X 0 182411 11808 SCOTT ROGERS VP, FINANCE 19.00 21.00 X 0 115323 14782 TJ ANDRISANO DIRECTOR 1.00 X 0 0 0 WADE BECKER VICE CHAIR 1.00 X X 0 0 0 SCOTT BROWN DIRECTOR 1.00 X 0 0 0 KATIE CLARKE 2ND VICE CHA 1.00 X X 0 0 0 MATTHEW CROCKER DIRECTOR 1.00 X 0 0 0 NICOLE DEARY DIRECTOR 1.00 X 0 0 0 STEVE DECK DIRECTOR 1.00 X 0 0 0 DON DEEGAN DIRECTOR 1.00 X 0 0 0 VINCENT T DIFILIPPO DIRECTOR 1.00 X 0 0 0 TIM EDWARDS DIRECTOR 1.00 X 0 0 0 MICHAEL B FUNCK IMMEDIATE PA 1.00 X X 0 0 0 MIKE GOSSERT DIRECTOR 1.00 X 0 0 0 GREG GUNN DIRECTOR 1.00 X 0 0 0 BETSY HAMM DIRECTOR 1.00 X 0 0 0 ANDY HETRICK DIRECTOR 1.00 X 0 0 0 JOHN HICKEY DIRECTOR 1.00 X 0 0 0 DENNISE L HILL DIRECTOR 1.00 X 0 0 0 CHERYL HOWARD DIRECTOR 1.00 X 0 0 0 GEORGE HARTWICK III DIRECTOR 1.00 X 0 0 0 JOSEPH P BECK JR DIRECTOR 1.00 X 0 0 0 BENJAMIN C DUNLAP JR DIRECTOR 1.00 X 0 0 0 GEORGE BOOK JR DIRECTOR 1.00 X 0 0 0 MONIKA KHOLI DIRECTOR 1.00 X 0 0 0 BRIGID LANDY KHURI DIRECTOR 1.00 X 0 0 0 CASEY KHURI BOARD CHAIR 1.00 X X 0 0 0 SHAWN LEPPO TREASURER 1.00 X X 0 0 0 JUSTIN LONG DIRECTOR 1.00 X 0 0 0 BETH PEIFFER SECRETARY 1.00 X X 0 0 0 VIC RODGERS DIRECTOR 1.00 X 0 0 0 MAGGIE SHEELY DIRECTOR 1.00 X 0 0 0 JOHN SIDER DIRECTOR 1.00 X 0 0 0 JEFF SMITH DIRECTOR 1.00 X 0 0 0 BRENDA WATSON DIRECTOR 1.00 X 0 0 0 SCOTT ZEEVAART DIRECTOR 1.00 X 0 0 0 297734 26590 false true false 121086 177697 298783 ADMINISTRATIVE FEES 900099 171000 171000 COMMITMENT FEES 900099 77949 77949 REVOLVING LOAN INTEREST 900099 36638 36638 DIRECT FINANCING LEASE INT 900099 31856 31856 317443 35588 35588 90111 117534 -27423 -27423 -27423 624391 317443 8165 3268 3268 23478 23478 10098 10098 65662 34946 30662 54 2777 2560 217 99762 62911 35268 1583 2099 1108 991 4907 4168 739 36038 34555 1419 64 10178 4290 5888 CHAMBER PAYROLL EXPENSES 541174 349280 183651 8243 IN-KIND PLEDGE WRITEOFFS 22703 22703 REPAIRS/MAINTENANCE 19429 12540 6593 296 MISCELLANEOUS 12683 12376 307 854256 554803 289213 10240 26150 26150 357475 183601 218737 44531 87162 7088 1010275 810571 4091355 4102154 5791154 5174095 22998 33077 56556 43458 1249161 1062638 20875 1349590 1139173 X 330 330 99670 99670 4341564 3934922 4441564 4034922 5791154 5174095 -229865 -179836 3059 X false true X true false X 276180 1124189 1017268 412671 298783 3129091 276180 1124189 1017268 412671 298783 3129091 238826 2890265 73973 17521 31936 35588 159018 3288109 2266837 0.87900 0.85310 X 276180 1124189 1017268 412671 298783 3129091 650253 457486 412590 429065 317443 2266837 926433 1581675 1429858 841736 616226 5395928 6550 3000 9550 382853 214960 227673 302625 175783 1303894 382853 214960 234223 305625 175783 1313444 4082484 73973 17521 31936 35588 159018 73973 17521 31936 35588 159018 1000406 1599196 1429858 873672 651814 5554946 0.73490 0.72600 0.03000 0.04000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X REVOLVING LOAN FUNDS REC. 2279026 DIRECT FINANCING LEASES RECEIVABLE 989010 REVOLVING LOAN FUNDS CASH 693927 RELATED PARTY RECEIVABLE 140191 4102154 SCHEDULE D, PAGE 2, PART IV, LINE 2B CREDC HAS ENTERED INTO AN AGREEMENT WITH THE PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PEDFA). THE FUNDS HELD BY CREDC ARE TO BE USED FOR THE BUILDING'S OPERATION. false false false false false false false false false RYAN UNGER PRESIDENT 182411 11808 194219 SCHEDULE J, PART III SCHEDULE J, PART I, LINE 3 COMPENSATION FOR THE PRESIDENT/CEO IS SET BY A RELATED ORGANIZATION, THE HARRISBURG REGIONAL CHAMBER (THE CHAMBER). THE CHAMBER USES A COMPENSATION COMMITTEE AND APPROVAL BY THE EXECUTIVE COMMITTEE WHEN SETTING THE COMPENSATION OF THE PRESIDENT/CEO. FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE CAPITAL REGION ECONOMIC DEVELOPMENT CORP. IS TO BE A CATALYST FOR POLICY CHANGE, FOR JOB CREATION AND FOR BUSINESS GROWTH IN CUMBERLAND, DAUPHIN AND PERRY COUNTIES THAT ENHANCES THE QUALITY OF LIFE IN OUR REGION. FORM 990, PAGE 6, PART VI, LINE 2 CASEY KHURI BRIGID KHURI BOARD CHAIR DIRECTOR SISTER-IN-LAW FORM 990, PAGE 6, PART VI, LINE 11B THE DIRECTOR OF FINANCE REVIEWS THE 990 PRIOR TO ITS FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS SIGNED EACH YEAR BY BOARD MEMBERS AND ATTENDANCE AT BOARD MEETINGS IS DENIED IF THE POLICY IS NOT SIGNED. THE IMPORTANCE IS STRESSED AT THE BEGINNING OF EACH YEAR TO ALL BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 19 CREDC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST TO THE DIRECTOR OF FINANCE. HARRISBURG REGIONAL CHAMBER 3211 NORTH FRONT STREET HARRISBURG PA 17110 251750121 MEMBERSHIP PA 501C6 NA false false false false false false false false false false false false false true true true false false false false HARRISBURG REGIONAL CHAMBER M ACCRUAL BASIS HARRISBURG REGIONAL CHAMBER N ACCRUAL BASIS HARRISBURG REGIONAL CHAMBER O 541174 ACCRUAL BASIS