EIN 23-7077479

Lehigh Valley Association of Independent Colleges

IRS 501(c) type
501(c)(3)
Num. employees
7
Year formed
1969
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Lehigh Valley Association of Independent Colleges collaborates with independent colleges and universities to achieve its mission. It identifies strategic sourcing and procurement opportunities that meet the common needs of its members. Instead of purchasing goods directly, it works alongside members. Lvaic operates as multiple employer welfare arrangement, where it is the plan sponsor and administrator of health plans. The lvaic board has a fiduciary role in ensuring that the program runs fairly. It is located in Bethlehem, PA.
Related structure
Lehigh Valley Association of Independent Colleges is a subordinate organization under Lehigh University.
Total revenues
$892,749
2023
Total expenses
$1,011,447
2023
Total assets
$512,624
2023
Num. employees
7
2023

Program areas at Lehigh Valley Association of Independent Colleges

Group purchasing - lvaic seeks to identify strategic sourcing and procurement opportunities that meet the common needs of our members. Lvaic does not purchase any goods directly on behalf of the members, but rather, works in conjunction with members and suppliers to establish mutually beneficial agreements. Working together, members in the consortium can purchase goods and services collectively as a group to maximize our financial resources and operational efficiencies through effective procurement practices while leveraging our collective volume and expertise.lvaic institutions work together to identify or source high value opportunities for joint purchasing through membership in group purchasing organizations (gpos) or through lvaic preferred suppliers or contracted vendors. By utilizing lvaic preferred suppliers or contracted vendors, members are assured of doing business with suppliers that offer competitive pricing, consistent and proven service, and excellent performance.
Lehigh Valley research consortium (lvrc) - revenue from research projects is collected from the appropriate community organization by lvaic and then paid back to the appropriate researchers' campuses.
Health insurance consortium - lvaic operates as multiple employer welfare arrangement as defined by erisa. Lvaic is the plan sponsor and administrator of the health plan and the lvaic board has a fiduciary role to insure the program is operating fairly and in compliance with the laws.
Conferences, workshops, and library programs.

Who funds Lehigh Valley Association of Independent Colleges

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of the Greater Lehigh ValleyProgram Operating Costs$37,247

Personnel at Lehigh Valley Association of Independent Colleges

NameTitleCompensation
Diane DimitroffExecutive Director$153,045
Charlene BergstresserProgram Director
Christine CarpinoLVRC Director
LVRC , Christine CarpinoDirector of the Lehigh Valley Research
Carrie GradinProgram Manager
...and 4 more key personnel

Financials for Lehigh Valley Association of Independent Colleges

RevenuesFYE 06/2023
Total grants, contributions, etc.$503,160
Program services$389,519
Investment income and dividends$70
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$892,749

Form 990s for Lehigh Valley Association of Independent Colleges

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-15990View PDF
2022-062022-11-15990View PDF
2021-062021-11-05990View PDF
2020-062021-04-01990View PDF
2019-062020-01-28990View PDF
...and 9 more Form 990s
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 28, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 6 new vendors, including , , , , , and
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Trade associationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationBusiness and industry
Characteristics
MembershipsState / local levelTax deductible donations
General information
Address
1309 Main St
Bethlehem, PA 18018
Metro area
Allentown-Bethlehem-Easton, PA-NJ
County
Northampton County, PA
Website URL
lvaic.org/ 
Phone
(610) 625-7888
IRS details
EIN
23-7077479
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Subordinate organization
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