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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Chester County Economic Development Foundation Inc.

Chester County Economic Development Foundation Inc.

Fiscal year ending 2025. Filed on November 19, 2025.

737 Constitution Drive
Exton, Pennsylvania 19341

Chester County Economic Development Foundation Inc. (EIN: 23-2978513) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Chester County Economic Development Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $193,907. The highest compensated employee at Chester County Economic Development Foundation Inc. is Gary Smith with fiscal year 2025 compensation of $236,855.

Revenue, expenses, and employee compensation

Revenue

$2,975,471

Expenses

$2,902,961

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gary Smith
Chief Executive Officer
$236,855
$0 $205,468 $31,387
Michael Grigalonis
Chief Operating Officer
$215,503
$0 $186,266 $29,237
James Hammond
Vice President, Finance
$129,364
$0 $103,020 $26,344

Benchmark Employee Compensation

Non-Employee Board Members

A Steven Krug
ex officio
Albert D Fuller
Board Member
Anand Solanki
Board Member
Andrea Youndt
Board Member
Annette F Favorite
Board Member
Arthur A Bernardon, Aia
Honorary Director
Bettina Tweardy Riveros, Jd
Board Member
Bill Hostetter
Board Member
Bill Stedman
Chair
Carolina Digiorgio
Board Member
Conrad M Olie
Honorary Director
Craig A Styer, Esquire
Board Member

Mission Statement

ENGAGING IN TRAINING AND EDUCATIONAL ACTIVITIES PERTAINING TO ECONOMIC DEVELOPMENT. SERVICES INCLUDE EFFORTS TO RETAIN AND EXPAND BUSINESSES, WORKFORCE ETC. AND ALSO TO IMPROVE ECONOMIC CONDITIONS IN ECONOMICALLY DISTRESSED AREAS.

Revisions to this organization profile

November 19, 2025:
2025 Chester County Economic Development Foundation Inc. 990 filed
December 20, 2024:
2024 Chester County Economic Development Foundation Inc. 990 filed
January 16, 2024:
2023 Chester County Economic Development Foundation Inc. 990 filed

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