Pennsylvania · Nonprofit
GREATER BERKS DEVELOPMENT FUND
GREATER BERKS DEVELOPMENT FUND (Pennsylvania) receives grants from 1 organization whose IRS filings report $212,134 to it, the largest being PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION ($212,134). 1 of them have funded it in more than one year.
- Revenue FY2025
- $4.8M
- Funders on record
- 1
- Grants received
- $212k
- Net assets
- $19M
What Greater Berks Development Fund does
Mission
The Greater Berks Development Fund aids and promotes economic and industrial expansion, and contributes to the economic well-being of reading and berks county by facilitating, promoting, and participating in, and financing economic development and community revitalization projects consistent with the needs of the community, with the intention of effectuating positive change in the economic opportunities available to residents and businesses by creating jobs and inducing private investment.
As stated on its FY2025 Form 990.
Program
The fund grants real estate and machinery & equipment-related loans and assists in other economic and industrial-type lending to aid and promote the economic and industrial expansion in reading & berks county.
$3,248,254 spent$3,212,917 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $3,248,254.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $55M to $40M (−28%).
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.
Government-grant reliance: 2017 2% · 2018 3% · 2019 11% · 2020 4% · 2021 56% · 2022 14% · 2023 5% · 2024 24% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
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
Lucine Sihelnik
CEO
Board chair
Daniel R Langdon
Chairman of the board
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2019 and FY2020, and between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base held at 1 funder, grant income rose $29k → $58k.
Left out of every figure on this page: $153k from 3 payers (the payer shares this organization's board, largest Greater Reading Chamber & Economic Development Corporation). These are real filings, and they are not money GREATER BERKS DEVELOPMENT FUND raised.
From the IRS filings of GREATER BERKS DEVELOPMENT FUND’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.
Where its funders are
100% of GREATER BERKS DEVELOPMENT FUND's grant income comes from Pennsylvania funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. 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.
Government funding GREATER BERKS DEVELOPMENT FUND receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.0M on record.
- Department of the Treasury$1.0M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like GREATER BERKS DEVELOPMENT FUND
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Footprint & structure
Part of a family of 3 related entities
- Greater Reading Chamber and Economic Development Corporation · exempt
- Greater Reading Chamber of Commerce and Industry · exempt
- Berks County Chamber Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for GREATER BERKS DEVELOPMENT FUND: 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.
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 GREATER BERKS DEVELOPMENT FUND?
- GREATER BERKS DEVELOPMENT FUND (Pennsylvania) receives grants from 1 organization whose IRS filings report $212,134 to it, the largest being PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION ($212,134). 1 of them have funded it in more than one year.
- How many funders does GREATER BERKS DEVELOPMENT FUND have?
- IRS filings report 1 organization giving $212,134 in grants to GREATER BERKS DEVELOPMENT FUND, 1 of which have funded it in more than one year.
- Who is the largest funder of GREATER BERKS DEVELOPMENT FUND?
- PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION is the largest funder on record, with $212,134 in grants. The full list of funders is on this page.
- How can an organization like GREATER BERKS DEVELOPMENT FUND 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.
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 1 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