Overview
What is Penn's Northeast Inc?
Penn's Northeast Inc is a nonprofit organization situated in Pittston, Pennsylvania. Its primary goal is to preserve existing businesses within the northeastern region of the state and support new businesses looking to establish operations within Pennsylvania. To achieve this, the organization carries out regional marketing projects and invests in initiatives aimed at attracting and retaining talent within the Commonwealth of Pennsylvania.
Official website here: www.pennsnortheast.com
Is Penn's Northeast Inc legitimate?
Penn's Northeast Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penn's Northeast Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $125,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,889
For more financial information, click here
Official website here: www.pennsnortheast.com
What is the mission statement of Penn's Northeast Inc?
Penn's Northeast Inc was established with a mission to retain existing businesses within a specific region and support businesses interested in relocating to the area. The organization also works towards attracting and retaining talent within the state. In pursuit of this mission, Penn's Northeast Inc undertakes regional marketing projects and provides assistance to businesses. The goal is to stimulate economic growth and development within the specified region.
Official website here: www.pennsnortheast.com
Who is the CEO of Penn's Northeast Inc?
John L Augustine Iii is the President/Ceo of Penn's Northeast Inc. The CEO's salary of Penn's Northeast Inc is $125,279 and their total compensation is $133,425.
Official website here: www.pennsnortheast.com
What is the revenue of Penn's Northeast Inc?
Penn's Northeast Inc's revenue in 2023 was $297,769.
Official website here: www.pennsnortheast.com
Who are the executives of Penn's Northeast Inc and what are their salaries?
The average compensation at Penn's Northeast Inc during 2023 was $60,389. There are 3 employees and 2 volunteers at Penn's Northeast Inc.
Here are 37 key members and their salaries (Penn's Northeast Inc's CEO's salary is $125,279 and their total compensation is $133,425):
- Compensation: $125,279
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Official website here: www.pennsnortheast.com
Where can I find the form 990 for Penn's Northeast Inc?
Penn's Northeast Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pennsnortheast.com
Learn more at the official website: www.pennsnortheast.com
Mission Statement of Penn's Northeast Inc
Penn's Northeast Inc, a nonprofit organization, was established with a mission to retain existing businesses within the northeastern region of Pennsylvania and to assist businesses interested in setting up operations within the state. Moreover, the organization aims to attract and retain individuals within the Commonwealth of Pennsylvania. In pursuit of these objectives, Penn's Northeast Inc engages in various activities, such as implementing regional marketing projects, with the ultimate goal of fostering a favorable business environment and promoting population growth within the region.
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Impact
October, 2024
Penn's Northeast Inc. plays a vital role in fostering economic growth and community sustainability in Northeastern Pennsylvania. By focusing on the retention of existing businesses, the organization helps to stabilize the local economy, ensuring that jobs and resources remain within the region. Its efforts to assist businesses seeking to relocate to Pennsylvania not only bolster the local job market but also encourage innovation and investment in the area.
Through targeted regional marketing projects, Penn's Northeast Inc. raises awareness about the benefits of doing business in Northeastern Pennsylvania, showcasing the region's strengths to potential investors and businesses alike. This proactive approach aids in attracting new talent and retaining residents, which is crucial for invigorating local communities and maintaining a vibrant workforce.
Overall, Penn's Northeast Inc. significantly impacts the economic landscape by enhancing business viability, promoting community improvement, and strengthening the overall appeal of the Commonwealth of Pennsylvania for both businesses and individuals.
This information is meant to be a general summary of Penn's Northeast Inc. 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 2023.
- Investment Income: $7,619
- Gross Receipts: $297,769
Assets and Liabilities:
- Total Assets: $548,156
- Total Liabilities: $17,109
- Net Assets: $531,047
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Organization Details
Founding Year
2002
Phone
(570) 883-0504Principal Officer
John L Augustine Iii
Main Address
1151 Oak Street, Pittston, PA, 18640
Website
www.pennsnortheast.comNTEE Category
Code: S31 - Community improvement
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