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Paoli Business & Professional Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020569145 ✦ Paoli, PA ✦ Designated as a 501(c)(6)

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Overview

What is Paoli Business & Professional Association?

The Paoli Business and Professional Association is a nonprofit organization that plays a crucial role in fostering and nurturing a thriving and assorted business environment in Paoli. They contribute to this mission by offering banners at $168 to enhance the aesthetic appeal of Lancaster Avenue, and by providing landscaping services for the Paoli Veterans Memorial, amounting to $1750 annually. Moreover, the association demonstrates its commitment to the community by donating to the Front Porch Trust Scholarship Fund. This fund grants annual college scholarships to deserving seniors from Great Valley and Conestoga High Schools, thereby investing in the future of the region's youth.

Is Paoli Business & Professional Association legitimate?

Paoli Business & Professional Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Paoli Business & Professional Association submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Paoli Business & Professional Association?

The Paoli Business and Professional Association has a mission to foster, expand, and maintain a thriving and varied business environment. They achieve this by advocating for and supporting local businesses. One of their initiatives includes providing decorative banners at a cost of $168 to enhance the appearance of a main street. Moreover, the association contributes to the landscaping of the Paoli Veterans Memorial, with expenses totaling $1750, twice a year. Furthermore, they contribute to the Front Porch Trust Scholarship Fund, which grants annual college scholarships to deserving students from two local high schools.

Who is the CEO of Paoli Business & Professional Association?

Yvonne Woodley is the President of Paoli Business & Professional Association.

What is the revenue of Paoli Business & Professional Association?

Paoli Business & Professional Association's revenue in 2023 was $33,025.

Who are the executives of Paoli Business & Professional Association and what are their salaries?


Here are 4 key members and their salaries:


Yvonne Woodley (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Diandrea (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Mcgahney (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Goldstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Paoli Business & Professional Association?

Paoli Business & Professional Association's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Paoli Business & Professional Association

The Paoli Business & Professional Association is committed to fostering, strengthening, and preserving a thriving and diverse business environment. This organization plays a significant role in promoting the growth and sustainability of the business community. One of their initiatives involves investing in the aesthetic appeal of Lancaster Avenue by providing banners at a cost of $168 each. Furthermore, they contribute financially towards landscaping the Paoli Veterans Memorial, amounting to $1750 annually. In addition to these efforts, the association demonstrates its support for the local community by donating to the Front Porch Trust Scholarship Fund. This fund awards annual college scholarships to deserving seniors from Great Valley and Conestoga High Schools. In this way, the Paoli Business & Professional Association contributes to the educational and financial well-being of the next generation, thereby investing in the future of the community.

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Impact




October, 2024

The Paoli Business & Professional Association significantly impacts the local community by fostering a vibrant and diverse business environment. By promoting collaboration among local businesses, they enhance economic growth and sustainability in the Paoli area. One visible effort is their initiative to beautify Lancaster Avenue with decorative banners, which not only enhances the aesthetic appeal of the area but can also attract more visitors and customers to local businesses.

Their commitment to maintaining the Paoli Veterans Memorial through landscaping services demonstrates a dedication to honoring community heritage and supporting public spaces. This effort contributes to a sense of pride and connection among residents and veterans alike.

Furthermore, the association's financial support for the Front Porch Trust Scholarship Fund helps empower local youth by providing college scholarships to high school seniors from Great Valley and Conestoga High Schools. This commitment to education ensures that the next generation has opportunities for advancement and inspires them to take an active role in the community.

Through these initiatives, the Paoli Business & Professional Association plays a crucial role in strengthening community ties, enhancing local commerce, and investing in the future of Paoli.




This information is meant to be a general summary of Paoli Business & Professional Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$33,025 (2023)
Expenses
$31,823 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $67
  • Program Service Revenue: $146
  • Gross Receipts: $54,904

Assets and Liabilities:

  • Total Assets: $20,833
  • Total Liabilities: $0
  • Net Assets: $20,833

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Organization Details

Principal Officer

Yvonne Woodley

Main Address

PO BOX 550, PAOLI, PA, 19301

NTEE Category

Code: S41 - Community improvement

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