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Organizations Community Improvement & Capacity Building Lehigh Valley Economic Development Corporation (Lvedc)

Lehigh Valley Economic Development Corporation (Lvedc)

Fiscal year ending 2024. Filed on August 20, 2025.

520 N New Street
Bethlehem, Pennsylvania 18018

Lehigh Valley Economic Development Corporation (Lvedc) (EIN: 23-2798276) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Lehigh Valley Economic Development Corporation (Lvedc), a 501(c)(3) charitable organization, reported compensation for 5 out of 16 total employees. Among the employees shown here, the average compensation is $197,426. The highest compensated employee at Lehigh Valley Economic Development Corporation (Lvedc) is Donald T Cunningham Jr with fiscal year 2024 compensation of $339,432.

Revenue, expenses, and employee compensation

Revenue

$3,337,616

Expenses

$3,346,968

Employee compensation

$2,117,884
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Donald T Cunningham Jr
President and Chief Executive Officer
$339,432
$303,117 No related comp$36,315
Jaime M Whalen
Executive Vice President and Chief of Staff
$183,488
$156,029 No related comp$27,459
Karianne Gelinas
Vice President of REG PTPS and Talent ST
$156,938
$130,682 No related comp$26,256
Kristin Cahayla-Hoffman
Vice President of BUS Dvlpmt and Attract
$155,379
$129,347 No related comp$26,032
Nicole Mertz
Vice President MKTG, COMM and Research
$151,895
$132,675 No related comp$19,220

Benchmark Employee Compensation

Non-Employee Board Members

Adam Galczynski
Board Member
Alex Michaels
Board Member
Carolyn Stennett
Board Member
Chris Brown
Treasurer
Christine Martin
Board Member
Dan McCarthy
Secretary
Dr Ann D Bieber
Board Member
Dr Lisa Greenawalt
Board Member
Dr Tina Q Richardson
Board Member
Drew Lewis
Board Member
Edward Dougherty
Chair
Gunnar Brunius
Board Member

Mission Statement

THE MISSION OF THE LEHIGH VALLEY ECONOMIC DEVELOPMENT CORPORATION IS TO MARKET THE ECONOMIC ASSETS OF THE LEHIGH VALLEY AND TO CREATE PARTNERSHIPS TO SUPPORT THE RECRUITMENT, GROWTH, AND RETENTION OF EMPLOYERS AND THE CREATION OF JOBS FOR PEOPLE OF ALL SKILL AND EDUCATION LEVELS.

Revisions to this organization profile

August 20, 2025:
2024 Lehigh Valley Economic Development Corporation (Lvedc) 990 filed
August 14, 2024:
2023 Lehigh Valley Economic Development Corporation (Lvedc) 990 filed
November 13, 2023:
2022 Lehigh Valley Economic Development Corporation (Lvedc) 990 filed

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