Allentown Economic Development

Community development organization based in Allentown, PA. 12 employees. Exempt under §501(c)(3).

MissionTO PROACTIVELY IDENTIFY, ENCOURAGE, MANAGE AND DEVELOP STRATEGIC BUSINESS OPPORTUNITIES FOR THE BENEFIT OF ALLENTOWN, ITS CITIZENS, AND THE LEHIGH VALLEY.

Financial snapshot · TY 2023

$1.7M
Total revenue
$2.2M
Total expenses
$11.2M
Net assets

Financial health · TY 2023

66
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
25.3 months of expenses
Program efficiency
65
75.9% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

R Scott Unger
EXECUTIVE DIRECTOR
$189,637
82th percentile vs. peers

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Allentown Economic Development Executive Compensation | 990 Data | DoubleNine