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Pennsylvania · Nonprofit

ALTOONA-BLAIR COUNTY DEVELOPMENT CORP

ALTOONA-BLAIR COUNTY DEVELOPMENT CORP (Pennsylvania) receives grants from 4 organizations whose IRS filings report $309,983 to it, the largest being SOUTHERN ALLEGHENIES PLANNING AND DEVELOPMENT COMISSION ($283,483). 2 of them have funded it in more than one year.

Revenue FY2025
$6.7M
Funders on record
4
Grants received
$310k
Net assets
$34M
2/4 repeat funderspeak grant-dependency 2%
01What it does

What Altoona-Blair County Development Corp does

Mission

To ensure blair county is the best and most competitive community it can be so we can attract and retain talent, investment, and job opportunities for future generations to come.

As stated on its FY2025 Form 990.

Program

  1. Continued functioning as a vechicle to provide financing,etc. For industrial and employment expansion in the area

    $5,424,961 spent$4,414,973 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $5,424,961.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.8M) Expenses 100 ($7.4M) Net assets 100 ($5.3M)2018 Revenue 111 ($4.2M) Expenses 87 ($6.4M) Net assets 112 ($6.0M)2019 Revenue 200 ($7.6M) Expenses 151 ($11M) Net assets -128 ($-6775446)2020 Revenue 142 ($5.4M) Expenses 111 ($8.2M) Net assets -382 ($-20232058)2021 Revenue 154 ($5.8M) Expenses 116 ($8.6M) Net assets -241 ($-12781840)2022 Revenue 879 ($33M) Expenses 85 ($6.3M) Net assets 653 ($35M)2023 Revenue 144 ($5.5M) Expenses 72 ($5.3M) Net assets 641 ($34M)2024 Revenue 135 ($5.1M) Expenses 72 ($5.3M) Net assets 676 ($36M)2025 Revenue 177 ($6.7M) Expenses 81 ($6.0M) Net assets 635 ($34M)
'17'18'19'20'21'22'23'24'25
Revenue (177)Expenses (81)Net assets (635)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $169M to $123M (−27%).

$174M
$182M
$178M
$175M
$169M
$123M
$122M
$116M
$116M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 31% · 2018 27% · 2019 46% · 2020 24% · 2022 18% · 2023 22% · 2024 15% · 2025 32%. Grants only. Government contracts and fees sit inside program revenue.

34% of ALTOONA-BLAIR COUNTY DEVELOPMENT CORP’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

−$3.6M
’17
−$2.2M
’18
−$3.6M
’19
−$2.8M
’20
−$2.7M
’21
$27M
’22
$194k
’23
−$136k
’24
$749k
’25
28
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephen Mcknight

President & CEO

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed333231333335363534
Joined·+6+3+7+3+9+7+5+0
No longer listed·74537661
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income rose $5k → $121k.

1 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $123k from 2 payers (the payer shares this organization's board, largest Upmc Group). These are real filings, and they are not money ALTOONA-BLAIR COUNTY DEVELOPMENT CORP raised.

From the IRS filings of ALTOONA-BLAIR COUNTY DEVELOPMENT CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ALTOONA-BLAIR COUNTY DEVELOPMENT CORP leans on a few funders — its largest provides 91% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

96% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ALTOONA-BLAIR COUNTY DEVELOPMENT CORP.

91%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2021 100% · 2022 99% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of ALTOONA-BLAIR COUNTY DEVELOPMENT CORP's grant income comes from Pennsylvania funders.

OH
PA

In-state vs out-of-state, by year

’17
’18
’21
’22
’23
Pennsylvania out of state home

Funder states come from each funder’s own filing. $15k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ALTOONA-BLAIR COUNTY DEVELOPMENT CORP holds deeper cash reserves than three-quarters of the 2,127 community improvement nonprofits its size.

Operating margin11% · above the median
Months of reserve28.1mo · top quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025

Organizations like ALTOONA-BLAIR COUNTY DEVELOPMENT CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

31
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

78%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

PA

Screen this organization

A dated, signed PDF of the compliance screen for ALTOONA-BLAIR COUNTY DEVELOPMENT CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ALTOONA-BLAIR COUNTY DEVELOPMENT CORP?
ALTOONA-BLAIR COUNTY DEVELOPMENT CORP (Pennsylvania) receives grants from 4 organizations whose IRS filings report $309,983 to it, the largest being SOUTHERN ALLEGHENIES PLANNING AND DEVELOPMENT COMISSION ($283,483). 2 of them have funded it in more than one year.
How many funders does ALTOONA-BLAIR COUNTY DEVELOPMENT CORP have?
IRS filings report 4 organizations giving $309,983 in grants to ALTOONA-BLAIR COUNTY DEVELOPMENT CORP, 2 of which have funded it in more than one year.
Who is the largest funder of ALTOONA-BLAIR COUNTY DEVELOPMENT CORP?
SOUTHERN ALLEGHENIES PLANNING AND DEVELOPMENT COMISSION is the largest funder on record, with $283,483 in grants. The full list of funders is on this page.
How can an organization like ALTOONA-BLAIR COUNTY DEVELOPMENT CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Altoona-Blair County Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing