Pennsylvania · Nonprofit
GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION
GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 3 organizations whose IRS filings report $58,947 to it, the largest being Wells Fargo Foundation ($25,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $3.2M
- Funders on record
- 3
- Grants received
- $59k
- Net assets
- $2.3M
What Greater Reading Chamber & Economic Development Corporation does
Mission
To serve berks county businesses, foster economic development and growth, and business support through combined management and coordination of activities and resources of gbdf and grcci.
As stated on its FY2025 Form 990.
Programs
Management and coordination of activities and resources in support of economic development and growth in berks county
$2,125,774 spentof which $205,222 as grants$1,934,197 earned by the program76% of program spendingTo lead regional efforts to attract, retain, and grow business and to market berks county as a competitive and attractive location for business.
$681,941 spent24% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,807,715.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $462k to $1.6M (+257%).
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 1% · 2018 2% · 2019 21% · 2020 41% · 2021 23% · 2022 19% · 2023 20% · 2024 23% · 2025 19%. Grants only. Government contracts and fees sit inside program revenue.
31% of GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 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
Jeffrey R Rush
Chair
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
2022 → 2023: the base held at 1 funder, grant income fell $10k → $8k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 17% 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: $270k from 2 payers (the payer shares this organization's board, largest Berks County Chamber Foundation). These are real filings, and they are not money GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION raised.
From the IRS filings of GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION’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
GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION leans on a few funders — its largest provides 42% of grant income and the top three 100%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
58% 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 GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION.
Largest funder’s share by year: 2022 100% · 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
GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION draws 51% of its grant income from funders outside Pennsylvania, across 2 states in all.
Funder states come from each funder’s own filing. $10k 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.
Against its field
GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION is better cushioned than half of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION
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
89% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Berks County Chamber Foundation · exempt
- Greater Reading Chamber of Commerce & Industry · exempt
- Greater Berks Development Fund · exempt
Screen this organization
A dated, signed PDF of the compliance screen for GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION: 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 READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION?
- GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION (Pennsylvania) receives grants from 3 organizations whose IRS filings report $58,947 to it, the largest being Wells Fargo Foundation ($25,000). 1 of them have funded it in more than one year.
- How many funders does GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION have?
- IRS filings report 3 organizations giving $58,947 in grants to GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION?
- Wells Fargo Foundation is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
- How can an organization like GREATER READING CHAMBER & ECONOMIC DEVELOPMENT CORPORATION 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 3 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