Fiscal year ending 2021. Filed on July 14, 2022.
115 East King Street
Lancaster, Pennsylvania 17602
EDC Finance Corporation (EIN: 23-2491931) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, EDC Finance Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $196,814. The highest compensated employee at EDC Finance Corporation is Lisa D Riggs with fiscal year 2021 compensation of $222,896.
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Employee compensation
TO FACILITATE INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGH THE ADMINISTRATION OF LOANS. THE PRIMARY PURPOSE OF EDC FINANCE CORPORATION IS TO FACILITATE INDUSTRIAL AND ECONOMIC DEVELOPMENT THROUGH THE ORIGINATION AND ADMINISTRATION OF LOANS MADE BY THE PA INDUSTRIAL DEVELOPMENT AUTHORITY, THE SMALL BUSINESS FIRST FUND, AND THE SBA 504 PROGRAM. THESE LOANS ARE USED TO ASSIST IN THE START UP AND EXPANSION OF SMALL BUSINESSES IN LANCASTER COUNTY.
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