Overview
What is Pittsfield Economic Revitalization Corporation?
The Pittsfield Economic Revitalization Corporation, situated at 70 Allen Street 205, Pittsfield, MA 01201, is a nonprofit organization dedicated to fostering economic growth in Berkshire County. Their primary mission is to aid in the development and expansion of businesses, with a specific focus on small enterprises. By providing loans and grants, they contribute to the revitalization of the local economy, ultimately aiming to enhance the socio-economic well-being of Pittsfield and Berkshire County. Their activities are geared towards promoting and supporting the growth of business concerns, thereby bolstering the regional economic landscape.
Is Pittsfield Economic Revitalization Corporation legitimate?
Pittsfield Economic Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsfield Economic Revitalization Corporation submitted a form 990, 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.
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What is the mission statement of Pittsfield Economic Revitalization Corporation?
The Pittsfield Economic Revitalization Corporation is committed to supporting the growth and development of businesses, particularly small ones. Its mission is to foster economic development and improve social welfare, not just in the city of Pittsfield, but also in Berkshire County as a whole. The corporation achieves this by providing financial assistance in the form of loans and grants to new businesses, thereby promoting economic growth in the region. This initiative is aimed at bolstering local businesses and contributing to the overall economic prosperity of the area.
Who is the CEO of Pittsfield Economic Revitalization Corporation?
J Jay Anderson is the President of Pittsfield Economic Revitalization Corporation.
What is the revenue of Pittsfield Economic Revitalization Corporation?
Pittsfield Economic Revitalization Corporation's revenue in 2022 was $246,143.
Who are the executives of Pittsfield Economic Revitalization Corporation and what are their salaries?
There 15 volunteers at Pittsfield Economic Revitalization Corporation.
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Where can I find the form 990 for Pittsfield Economic Revitalization Corporation?
Pittsfield Economic Revitalization Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pittsfield Economic Revitalization Corporation
The Pittsfield Economic Revitalization Corporation, a notable nonprofit organization, is dedicated to fostering the growth and development of businesses within Berkshire County. Their primary mission is to contribute to the economic development and social welfare of the city of Pittsfield and the broader Berkshire County. This mission extends to supporting and aiding the expansion of various business concerns, including small businesses.
To achieve this goal, the Pittsfield Economic Revitalization Corporation employs strategic measures, such as providing loans and grants to new businesses. This financial assistance is instrumental in promoting economic development within Berkshire County. By investing in new businesses, the corporation aims to stimulate economic growth and create opportunities for employment and prosperity within the community.
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Impact
October, 2024
The Pittsfield Economic Revitalization Corporation significantly contributes to the growth and development of businesses in Berkshire County. By providing essential loans and grants, it promotes economic development, fostering a thriving entrepreneurial ecosystem. This support is particularly focused on new businesses, which are crucial for job creation and community resilience.
Through its mission of enhancing social welfare and economic development, the Corporation plays a vital role in empowering small business concerns, driving innovation, and stimulating local economies in Pittsfield and the surrounding areas. Its efforts not only aid in financial support but also create a collaborative environment that encourages entrepreneurship. This ultimately leads to improved community services, enhanced quality of life, and a more vibrant local economy.
This information is meant to be a general summary of Pittsfield Economic Revitalization Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $84
- Program Service Revenue: $246,059
- Gross Receipts: $246,143
Assets and Liabilities:
- Total Assets: $419,726
- Total Liabilities: $36,278
- Net Assets: $383,448
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TECHNICAL ASSISTANCE F
Revenue
$207,958
MANAGEMENT FEES
Revenue
$18,763
OPERATING GRANT
Revenue
$13,431
LOAN FUND INTEREST
Revenue
$5,907
Organization Details
Founding Year
1982
Phone
(413) 499-9371Principal Officer
J Jay Anderson
Main Address
70 ALLEN STREET 205, PITTSFIELD, MA, 01201
NTEE Category
Code: S30Z - Community improvement
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