Laurel Highlands EIN 25-1093334 Form 990 (PDF) Claim this org

Laurel Highlands FY2020 filing

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Promotes tourism and economic growth in Pennsylvania's Laurel Highlands through regional marketing, branding, public relations, and visitor services. For fiscal year 2020 it reported $2.4M in revenue, $2.2M in expenses, and $1.9M in net assets.Pt I

Founded
1958
Type
Business league / trade association · Nonprofit
Location
Ligonier, PA
Filings
6 on file (2020–2020)
Revenue
$2.4MFY2020
Expenses
$2.2M
Net assets
$1.9M
People
19
Filings
6
Updates
0
More identity details & actions ⌄
EIN  25-1093334 Business league / trade association Ligonier, PA Founded 1958
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Figures match the IRS filing checked 8/23/26 · see original: IRS
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Size
$1–10M
What they do
Promotes tourism and economic growth in Pennsylvania's Laurel Highlands through regional marketing, branding, public relations, and visitor services.
Leadership
Elizabeth Ann Nemanic · Executive Director · $96K
Money in and out
$2.4M revenue, $2.2M expenses
Bottom line
+6% operating surplus
Membership & operating revenue · FY2020
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $152K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.22
Operating surplus
+6%
revenue over expenses
Earned revenue
99%
of revenue from program services & dues
Payroll share
24%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$2.4M
FY2020
Expenses
$2.2M
FY2020
Total assets
$7.1M
FY2020
Total liabilities
$5.2M
FY2020
Total revenue
$2.4M
Pt VIII · Ln 12
Total expenses
$2.2M
Pt IX · Ln 25
Net assets
$1.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$152K
Total assetsPt X · Ln 16$7.1M
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLaurel Highlands
EINHdr · item D25-1093334
Principal addressHdr · item CLigonier, PA
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1958
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1964

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$95,705Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Elizabeth Ann Nemanic$135,716$118,820$102,507
Elizabeth Ann Nemanic$100,709$94,451$95,705

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Mission & Programs · Part III

Where the work happens

3 program services account for $1.8M of program spending, described in the organization's own filed words · FY2020.
01

To administer grant programs specifically established to support fayette, somerset, and westmoreland county's tourism assets by increasing visitation, enhancing the visitors experience and increasing overnight stays.

$926Kprogram expense
02

To promote fayette, somerset, and westmoreland counties in pennsylvania by assisting in initiatives that help generate job opportunities and contribute to the economic growth and quality of life in the region.

$445Kprogram expense
03

Partner with various organizations in implementing year-round seasonal marketing campaigns throughout the northeast and mid-atlantic regions to enhance awareness of the laurel highlands as a travel destination through direct sales, marketing public relations, branding and visitor services.

$379Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue99%$2.4M
Investment income$9K
Other revenue$8K
Total revenueLn 12$2.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.22
Program services78%$1.8M
Management & general22%$488K
Total functional expensesLn 25$2.2M

Balance Sheet

Part X · end of year
CashLn 1$5.8M
Total assetsLn 16$7.1M
Total liabilitiesLn 26$5.2M
Total net assetsLn 32$1.9M
Months of cash on handcomputed31.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $5.8M · Operating expenses/yr $2.2M
31.0 months
Where the money goes
Program services
Program services $1.8M · Total expenses $2.2M
78%
Management & General
Management & general $488K · Total expenses $2.2M
22%
Fundraising
Fundraising $0 · Total expenses $2.2M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $2.4M
0%
Government reliance
Government grants — · Total revenue $2.4M
Earned-income share
Program service revenue $2.4M · Total revenue $2.4M
99%
Investment reliance
Investment income $9K · Total revenue $2.4M
+0.4%
Program self-sufficiency
Program service revenue $2.4M · Total expenses $2.2M
106%
Growth & trend
Revenue growth (YoY)
This year $2.4M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $1.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.4M · Expenses $2.2M
+6%
Liabilities-to-Assets
Total liabilities — · Total assets $7.1M
Net-asset ratio
Net assets $1.9M · Total assets $7.1M
27%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.1M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Elizabeth Ann Nemanic · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $96K · Total expenses $2.2M
4%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $529K · Total expenses $2.2M
24%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 22%
Legal fee ratio <0.01%
Accounting fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 302 grants · $6.7M · 2020–2025
State Theatre Center for the ArtsPA · FY2025$84,518
Benners Meadow Run Rv CampgroundFY2025$64,255
Touchstone Center for CraftsPA · FY2025$62,434
JumonvillePA · FY2025$51,406
Deer Creek Winery & Watson Estate BFY2025$51,284
Timber Rock AmphitheaterFY2025$47,768
Braddocks Restaurant & TavernFY2025$47,768
Ohiopyle Vacation RentalsFY2025$46,073
Neubauers Flowers & Market HouseFY2025$45,000
Frank Lloyd Wrights FallingwaterPA · FY2025$41,160
Amys Quilt RoomFY2025$35,000
Ohiopyle Trading Post & River ToursFY2025$32,000
The Perennial ProjectPA · FY2025$32,000
Hilton Garden Inn UniontownFY2025$27,214
Frank Lloyd Wrights Kentuck KnobFY2025$25,520
See all 302 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$5.4M revenue · ⤓ 990 PDF
FY2024$5.1M revenue · ⤓ 990 PDF
FY2023$4.6M revenue · ⤓ 990 PDF
FY2022$4.2M revenue · ⤓ 990 PDF
FY2021$2.4M revenue · ⤓ 990 PDF
FY2020$2.4M revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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