2025-11-14T09:30:41-05:00 2024-12-31 251690617 SCHAFFNER KNIGHT MINNAUGH & CO PC 1545 WEST 38TH STREET ERIE PA 165082347 990 2024-01-01 820709054 ERIE DOWNTOWN DEVELOPMENT CORPORATION ERIE 8148702850 10 EAST 5TH STREET ERIE PA 16507 ANDREW S WHITING CEO 8144509380 2025-11-11 true false MATTHEW J MINNAUGH CPA P00964448 8144541997 2025-11-11 2024 2025-03-06 01:10:19Z ANDREW S WHITING 10 E 5TH STREET ERIE PA 16507 3490667 false X WWW.ERIEDDC.ORG X 2017 PA THE PURPOSE OF THE ORGANIZATION IS TO SERVE AS A REAL ESTATE DEVELOPMENT AND FINANCING NON-PROFIT CORPORATION TO STRENGTHEN THE CORE ASSETS OF THE DOWNTOWN ERIE AND DRIVE REVITALIZATION ACROSS THE REGION. 11 11 32 0 486230 2778189 762411 637811 5137 13032 316771 33735 1570549 3462767 0 25157 26468 1446988 1263236 0 0 1157819 551606 2629964 1841310 -1059415 1621457 4973898 6850254 5376239 5781138 -402341 1069116 X THE PURPOSE OF THE ORGANIZATION IS TO SERVE AS A REAL ESTATE DEVELOPMENT AND FINANCING NON-PROFIT CORPORATION TO STRENGTHEN THE CORE ASSETS OF THE DOWNTOWN ERIE AND DRIVE REVITALIZATION ACROSS THE REGION. false false 1054265 TO PROMOTE THE WELFARE OF THE PEOPLE OF THE CITY OF ERIE, PENNSYLVANIA (THE "CITY"). TO COMBAT COMMUNITY DETERIORATION, PROVIDE RELIEF TO THE POOR AND DISTRESSED, STABILIZE, AND GENERALLY TO OTHERWISE PROMOTE REDEVELOPMENT IN THE CITY'S DOWNTOWN. TO LESSEN THE BURDENS OF GOVERNMENT OF THE CITY BY OVERSEEING PROJECTS AND PROGRAMS DESIGNED TO STRENGTHEN AND LEVERAGE THE CITY'S DOWNTOWN CORE ASSETS. TO IMPROVE THE ECONOMY OF THE CITY BY DEVELOPING, ATTRACTING, EXPANDING, AND RETAINING BUSINESS, INDUSTRIAL, EDUCATIONAL, CULTURAL, CIVIC, COMMUNITY AND OTHER ENTERPRISES IN THE CITY AND THEREBY DEVELOPING, ATTRACTING, EXPANDING, AND RETAINING JOBS FOR THE PEOPLE OF THE CITY; AND SOLELY FOR THE ABOVE PURPOSES, THE CORPORATION IS EMPOWERED TO EXERCISE ALL RIGHTS AND POWERS CONFERRED BY THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA UPON NONPROFIT CORPORATIONS, INCLUDING, BUT WITHOUT LIMITATION THEREON, TO SOLICIT AND RECEIVE FUNDS AND ANY OTHER PROPERTY OR INTERESTS IN PROPERTY BY GIFT, GRANT, BEQUEST, DEVISE, BARGAIN PURCHASE OR ANY SIMILAR TRANSACTION, AND TO HOLD, ADMINISTER, INVEST AND DISBURSE SUCH FUNDS AND PROPERTY AND SUCH INCOME AS MAY BE GENERATED THROUGH THE INVESTMENT OF SUCH FUNDS AND PROPERTY, EXCLUSIVELY FOR THE PROMOTION OF HEALTH AND SOCIAL WELFARE, RELIEF OF THE UNDERPRIVILEGED, AND SUCH OTHER CHARITABLE AND EDUCATIONAL PURPOSES RELATED THERETO, INCLUDING TO USE, APPLY, INVEST AND REINVEST THE PRINCIPAL AND/OR INCOME THEREFROM OR DISTRIBUTE THE SAME FOR THE ABOVE PURPOSES. 1054265 true true false false false false false false false false true false false true true false true 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 true true false false false true 17 0 32 true false false false false false false false false false false false false false false X 11 11 true false false false false false false true true false false true true true true true false true true false PA X PAULA GREGORY 8144509380 10 EAST 5TH STREET ERIE PA 16507 ANDREW S WHITING CEO 40.00 X 235000 0 45467 PAULA GREGORY CONTROLLER 40.00 X 132346 0 22699 COREY COOK DIREC OF OPE 40.00 X 105442 0 14439 RYAN HOOVER EXPERIENCE D 40.00 X 92250 0 11208 MARK INSCHO FOOD & BEVER 40.00 X 82921 0 5970 JENNIFER BESTVINA DIRECTOR X 0 0 0 KAREN BILOWITH DIRECTOR X 0 0 0 MICHAEL COLPOYS DIRECTOR X 0 0 0 JOHN DILL DIRECTOR X 0 0 0 BRIAN DURNIOK SECRETARY X X 0 0 0 WALTER IWANENKO VICE PRESIDE X X 0 0 0 KATIE JONES TREASURER X X 0 0 0 TIMOTHY G NECASTRO PRESIDENT X X 0 0 0 DANIEL ONORATO DIRECTOR X 0 0 0 DENNIS J PRISCHAK DIRECTOR X 0 0 0 JAMES STEVENSON DIRECTOR X 0 0 0 647959 99783 3 false true false 250000 2528189 2778189 PROPERTY MANAGEMENT INCOME 531110 350373 350373 CAM FEE INCOME 140701 140701 SERVICE INCOME 129455 129455 OTHER INCOME 8669 8669 COMMUNITY ENGAGEMENT INCOME 8613 8613 637811 16236 16236 3204 -3204 -3204 -3204 58431 24696 33735 33735 3462767 684578 26468 26468 747742 208772 538970 432450 432450 83044 48076 34968 22757 15294 7463 40937 1724 39213 21506 11941 9565 10055 723 9332 11167 5598 5569 4916 4916 226871 206811 20060 13446 33 13413 33389 25040 8349 25272 21108 4164 74109 37778 36331 COMMUNITY ENGAGEMENT 41403 41403 CREDIT APP FEE EXP 6811 6811 BANK FEES 4266 3609 657 MISCELLANEOUS EXPENSES 3459 1050 2409 11242 2874 8368 1841310 1054265 787045 0 716670 702733 20041 71 1287080 5292 15739 21537 1507 23045 22333 1040035 134471 918467 905564 343147 348245 2925699 3566982 4973898 6850254 462903 606089 4805800 5169586 107536 5463 5376239 5781138 X -552341 1069116 150000 -402341 1069116 4973898 6850254 X 1621457 -150000 X false true X true false X 1598685 344079 64010 486230 2778189 5271193 1598685 344079 64010 486230 2778189 5271193 2368219 2902974 5271193 4383717 0.55070 0.56640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 399132 399132 601658 116748 484910 39245 17723 21522 905564 CONSTRUCTION IN PROGRESS 3503551 RELATED PARTY RECEIVABLE 63431 3566982 OTHER SHORT TERM LIAB. 5463 5463 3462767 3462767 3462767 1841310 1841310 1841310 X X false false false false false false false false false ANDREW S WHITING CEO 235000 44147 1320 280467 PAULA GREGORY CONTROLLER 111346 21000 21379 1320 155045 FORM 990, PAGE 2, PART III, LINE 4D TO IMPROVE THE ECONOMY OF THE CITY BY DEVELOPING, ATTRACTING, EXPANDING, AND RETAINING BUSINESS, INDUSTRIAL, EDUCATIONAL, CULTURAL, CIVIC, COMMUNITY AND OTHER ENTERPRISES IN THE CITY AND THEREBY DEVELOPING, ATTRACTING, EXPANDING, AND RETAINING JOBS FOR THE PEOPLE OF THE CITY; AND SOLELY FOR THE ABOVE PURPOSES, THE CORPORATION IS EMPOWERED TO EXERCISE ALL RIGHTS AND POWERS CONFERRED BY THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA UPON NONPROFIT CORPORATIONS, INCLUDING, BUT WITHOUT LIMITATION THEREON, TO SOLICIT AND RECEIVE FUNDS AND ANY OTHER PROPERTY OR INTERESTS IN PROPERTY BY GIFT, GRANT, BEQUEST, DEVISE, BARGAIN PURCHASE OR ANY SIMILAR TRANSACTION, AND TO HOLD, ADMINISTER, INVEST AND DISBURSE SUCH FUNDS AND PROPERTY AND SUCH INCOME AS MAY BE GENERATED THROUGH THE INVESTMENT OF SUCH FUNDS AND PROPERTY, EXCLUSIVELY FOR THE PROMOTION OF HEALTH AND SOCIAL WELFARE, RELIEF OF THE UNDERPRIVILEGED, AND SUCH OTHER CHARITABLE AND EDUCATIONAL PURPOSES RELATED THERETO, INCLUDING TO USE, APPLY, INVEST AND REINVEST THE PRINCIPAL AND/OR INCOME THEREFROM OR DISTRIBUTE THE SAME FOR THE ABOVE PURPOSES. FORM 990, PAGE 6, PART VI, LINE 2 ERIE INDEMNITY COMPANY ERIE INDEMNITY COMPANY CEO CHAIRMAN BUSINESS RELATIONSHIP ERIE INDEMNITY COMPANY RICHARDS & ASSOCIATES CHAIRMAN OWNER BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY BOARD OF DIRECTORS BEFORE SIGNING. FORM 990, PAGE 6, PART VI, LINE 12C EACH BOARD MEMBER ANNUALLY REVIEWS AND SIGNS THE CONFLICT OF INTEREST POLICY, AND HAS A DUTY TO DISCLOSE CONFLICTS IF THEY ARE TO ARISE. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF DIRECTORS DETERMINED SALARY OF CEO. SALARIES WERE DETERMINED UPON CONCLUSION OF AN INDEPENDENT MARKET ANALYSIS. FORM 990, PAGE 6, PART VI, LINE 15B BOARD OF DIRECTORS DETERMINED SALARY OF TWO VICE PRESIDENTS AND CONTROLLER. SALARIES WERE DETERMINED UPON CONCLUSION OF AN INDEPENDENT MARKET ANALYSIS. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 RESTRICTED CONTRIBUTIONS 0 RETURN OF FUNDS TO FLAGSHIP -150,000 TOTAL -150,000 NORTH PARK ROW LLC 417 STATE STREET ERIE PA 16501 320574204 RENTAL PA -21251 1645094 ERIE DOWNT NPR BEVERAGE COMPANY 417 STATE STREET ERIE PA 16501 384097545 HOLDING PA -67193 156055 ERIE DOWNT BONNELL BUILDING LLC 417 STATE STREET ERIE PA 16501 371934981 RENTAL PA ERIE DOWNT CASHIER'S HOUSE LLC 417 STATE STREET ERIE PA 16501 301181074 RENTAL PA ERIE DOWNT 10 EAST 5TH STREET LLC 417 STATE STREET ERIE PA 16501 384108897 RENTAL PA ERIE DOWNT 5TH AND STATE EAST LLC 417 STATE STREET ERIE PA 16501 364927791 RENTAL PA ERIE DOWNT 5TH AND STATE WEST LLC 417 STATE STREET ERIE PA 16501 843205566 RENTAL PA ERIE DOWNT BLOCK 3 DEVELOPMENT LLC 417 STATE STREET ERIE PA 16501 851550307 RENTAL PA ERIE DOWNT 5TH AND PEACH LLC 417 STATE STREET ERIE PA 16501 851383869 RENTAL PA -18063 173095 ERIE DOWNT EDDC PROPERTY MANAGMENT LLC 417 STATE STREET ERIE PA 16501 873667173 PROP MGT PA -204585 92273 ERIE DOWNT CASHIER'S HOUSE BEVERAGE CO 417 STATE STREET ERIE PA 16501 874033846 HOLDING PA -48588 117045 ERIE DOWNT FLAGSHIP COMPLEX MM LLC 417 STATE STREET ERIE PA 16501 862013435 REAL ESTAT PA N/A false BLOCK 3 DEVELOPMENT MM LLC 417 STATE STREET ERIE PA 16501 871093876 REAL ESTAT PA N/A false false false false false false false false false false false false false false false false false false false false