PPL Customers are Benefiting from the Emergency Rental Assistance Program (ERAP)
As of early June, PPL Electric Utilities customers received more than $1 million in utility payments through the federal Emergency Rental Assistance program representing 55% of the total utility assistance funds paid throughout the entire state. PPL Electric Utilities is the front runner in the state as it helps its customers utilize this new program. The success is attributed to proactively embracing the program, strategic partnerships with the 29 counties throughout our service territory and our effective communications strategy.
In Columbia County, 32 customers were assisted for a total of $23,767. In Montour County, 1 customer was assisted for a total of $709.
Regional Manufacturers Experience Dynamic Growth; Rebound Quickly with NEPIRC Assistance
The Northeastern Pennsylvania Industrial Resource Center (NEPIRC) closed out its most recent fiscal year on June 30, 2021, with reports of dynamic growth and much faster than expected COVID-19 recovery among its manufacturing clients over the past year.
Throughout the past 12 months, NEPIRC assisted more than 400 manufacturers across northeastern, the northern tier and central Pennsylvania in responding to the negative impacts of the COVID-19 pandemic and rebuilding their businesses. Of those companies, more than 100 received expanded services tailored to their unique circumstances and challenges. Citing client-reported data gathered through multiple independent sources and subsequently verified by the U.S. Department of Commerce, NEPIRC’s President and CEO, Eric Joseph Esoda, announced that those companies recorded $150.5 million in additional revenue over the past year as a result of NEPIRC’s assistance while also attributing $17.2 million in savings due to increased efficiency and productivity. Despite worldwide economic challenges throughout the latter half of 2020 and first six months of 2021, NEPIRC’s clients invested more than $22.1 million in expanding or modernizing their regional manufacturing facilities and were able to create and retain 2,045 good-paying area manufacturing jobs.
“The outstanding impacts that manufacturers are reporting from their engagements with NEPIRC are indicative of the industrial sector’s potential to drive our Commonwealth, and even our country, out of the economic uncertainties that the COVID-19 pandemic left in its wake,” said Mr. Esoda. “We’ve consistently held that our industrial sector is Pennsylvania’s best bet for real, consistent and sustainable economic recovery and expansion and, in fact, fuels growth in other sectors that rely upon manufacturing activity. These results prove that our manufacturers are roaring back to life and will once again drive our Commonwealth forward,” he added.
According to aggregate client data within NEPIRC’s year-end reports, 60% of the manufacturers NEPIRC assisted throughout the pandemic reported the avoidance of layoffs as a direct result of the advisement they received. A nearly equal number of clients (58%) credited NEPIRC with enabling them to retain customer relationships and sales that would have otherwise been lost by working with them to meet production requirements or find alternative suppliers when primary supply chains were disrupted by COVID-19. A full 40% of NEPIRC clients reported increased sales amidst the pandemic thanks to NEPIRC’s assistance in attracting new customers or pivoting into new markets – and over 30% of the companies that utilized NEPIRC’s services over the past 12 months created new manufacturing jobs within the region.
Across the nation, NEPIRC ended its fiscal year as one of the U.S. Department of Commerce’s top-performing Manufacturing Extension Partnership (MEP) affiliates, particularly with respect to the number of companies it served throughout the pandemic and the levels of jobs its clients created and retained over the past year.
McKonly & Asbury Announces Promotions
McKonly & Asbury – a regional accounting and business advisory services firm – announced promotions for nine of its team members! One advances to Senior Manager, two to Manager, three to Supervisor, and three to Senior Accountant.
McKonly & Asbury’s focus on people continues to be the vision that drives its culture, and they are fortunate to have some of the best and brightest talent in Pennsylvania working for them! Please join them in congratulating these team members!
Jackie Winchell, CPA – Senior Manager
Jackie joined McKonly & Asbury in 2013 and is currently a Senior Manager in the firm’s Audit & Assurance Segment. She specializes in serving the affordable housing industry, working with clients in all phases of the development process, as well as during operations. Jackie also serves clients in the nonprofit industry and provides expertise on audit and accounting standards with a focus on the requirements of the Uniform Guidance. She is also a member of McKonly & Asbury’s internal Service Committee – assisting in organizing firm-sponsored community events – as well as the firm’s Diversity, Equity, and Inclusion Committee – leading advocacy efforts to enhance diversity, eliminate racial and other bias, and promote positive change. Jackie works out of McKonly & Asbury’s Camp Hill office and holds a degree in Business and Accounting from Lebanon Valley College.
Lynnanne Bocchi, CPA, CIA, CISA, MBA – Manager
Lynnanne joined McKonly & Asbury in 2018 and is currently a Manager with the firm. She works in the firm’s Audit & Assurance Segment serving clients in the construction industry as well as performing Sarbanes-Oxley (SOX) internal audit engagements. In addition, she is a key member of our firm’s System and Organization Controls (SOC) Practice, preparing SOC 1, SOC 2, and SOC 3 reports for our clients. She holds the AICPA Advanced SOC Certification for planning, performing, and reporting on SOC for service organizations engagements. Lynnanne works out of McKonly & Asbury’s Camp Hill office and holds a degree in Accounting as well as an MBA from Pennsylvania State University.
Sarah Polcovich, CPA – Manager
Sarah joined McKonly & Asbury in 2007 and is currently a Manager with the firm. She is a member of the firm’s Entrepreneurial Support & Client Accounting Segment, providing accounting and tax services to entrepreneurs and small businesses. Sarah specifically provides support in back-office accounting to clients using software such as QuickBooks, as well as serving as a reviewer for back-office accounting staff work. She also provides support for special projects, such as financial projections and analysis, and most recently assisting clients with Paycheck Protection Program forgiveness. Sarah works out of McKonly & Asbury’s Camp Hill office and holds a degree in Accounting from Susquehanna University.
Alexandra Plantive, CPA, MBA – Supervisor
Alex joined McKonly & Asbury in 2016 and is currently a Supervisor with the firm. She is a member of the firm’s Entrepreneurial Support & Client Accounting Segment, providing accounting and tax services to entrepreneurs and small businesses. Alex specifically provides support in back-office accounting to clients using different software such as QuickBooks Online, QuickBooks Desktop, and Xero.com, and she has obtained the QuickBooks Certified Advanced ProAdvisor designation. She also provides financial data analysis and has assisted with records management; including excel based data transfer from various accounting platforms including QuickBooks, Xero, and Intacct. Alex works out of McKonly & Asbury’s Lancaster office and holds an Accounting degree as well as an MBA from Université de Nantes, France.
Jessica Reitenbach – Supervisor
Jessica joined McKonly & Asbury in 2019 and is currently a Supervisor with the firm. She is a member of the firm’s Audit & Assurance Segment, primarily working with clients in manufacturing and construction industries. Jessica has experience on various audits including SEC, for-profit, nonprofit, and Employee Benefit Plan audits. Jessica works out of McKonly & Asbury’s Camp Hill office and holds a degree in Accounting and Finance from Pennsylvania State University.
Chad Roeder, CPA – Supervisor
Chad joined McKonly & Asbury in January 2019 through the firm’s acquisition of Brewer & Company, LLC and is currently a Supervisor with the firm. He provides a wide range of services to his clients by performing audits of nonprofits and local governments. Chad works out of McKonly & Asbury’s Bloomsburg office and holds a degree in Accounting and Management from Bloomsburg University.
Maegan Cassel – Senior Accountant
Maegan joined McKonly & Asbury in August 2019 and is currently a Senior Accountant with the firm. She is a member of the firm’s Tax Segment serving clients in various industries including construction, manufacturing, retail, and real estate. Maegan works out of McKonly & Asbury’s Camp Hill office and holds a degree in Accounting from Pennsylvania State University.
Jesse Diamond – Senior Accountant
Jesse joined McKonly & Asbury in 2019 and is currently a Senior Accountant with the firm. He is a member of the firm’s Audit & Assurance Segment, serving clients in the healthcare industry. Jesse works out of McKonly & Asbury’s Camp Hill office and holds a degree in Business Administration from Shippensburg University.
Tyler Goldberg, CPA – Senior Accountant
Tyler joined McKonly & Asbury in 2019 and is currently a Senior Accountant with the firm. He is a member of the firm’s Tax Segment serving clients in various industries including construction, manufacturing, retail, and real estate. Tyler works out of McKonly & Asbury’s Lancaster office and holds a degree in Accounting from Elizabethtown College.
Northeast Pennsylvania Business Center to Hold Job Fair