Pocono Mountains Industries Inc

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

EIN: 232810924 ✦ Stroudsburg, PA ✦ Designated as a 501(c)(6)

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Overview

What is Pocono Mountains Industries Inc?

Pocono Mountains Industries Inc, based in Stroudsburg, Pennsylvania, serves as a nonprofit organization primarily focused on fostering industrial growth and economic prosperity in the Pocono Mountains region. Their mission is to enhance the quality of life in Monroe County, increase the wealth of its residents, and expand the range and quality of job opportunities through strategic economic development activities. By promoting industrial development, they aim to contribute positively to the local economy.


Official website here: www.pmedc.com

Is Pocono Mountains Industries Inc legitimate?

Pocono Mountains Industries Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pocono Mountains Industries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $279,082

For more financial information, click here


Official website here: www.pmedc.com

What is the mission statement of Pocono Mountains Industries Inc?

Pocono Mountains Industries Inc's mission is centered around enhancing the quality of life, increasing wealth, and improving job opportunities for its community. They achieve this through planned economic development activities. The organization's primary objective is to promote and develop the industrial and economic welfare of a specific area, located in northeastern Pennsylvania. By doing so, they aim to contribute positively to the overall well-being of the community.


Official website here: www.pmedc.com

Who is the CEO of Pocono Mountains Industries Inc?

Charles Leonard is the Board Member of Pocono Mountains Industries Inc.


Official website here: www.pmedc.com

What is the revenue of Pocono Mountains Industries Inc?

Pocono Mountains Industries Inc's revenue in 2022 was -$307,731.


Official website here: www.pmedc.com

Who are the executives of Pocono Mountains Industries Inc and what are their salaries?


Here are 12 key members and their salaries:


Troy Nauman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zech Strauser (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Briegel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Weseloh (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Hart (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Olson (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Hay (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Canevari (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Scott Iii (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Mutchler (Asst. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Weidensaul (Asst. Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Leonard (Executive Director)
  • Compensation: $114,117
  • Related: $60,882
  • Other: $46,136


Official website here: www.pmedc.com

Where can I find the form 990 for Pocono Mountains Industries Inc?

Pocono Mountains Industries Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pmedc.com

Learn more at the official website: www.pmedc.com

Mission Statement of Pocono Mountains Industries Inc

Pocono Mountains Industries Inc, a nonprofit organization, is dedicated to enhancing the quality of life in its community by facilitating economic development activities. Its mission is multifaceted, aiming to increase the wealth of residents and improve job opportunities. By promoting and developing industrial welfare, this organization strives to contribute positively to the economic well-being of the Pocono Mountains area in northeastern Pennsylvania.

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Impact




October, 2024

Pocono Mountains Industries Inc plays a crucial role in fostering industrial development and economic growth in the Pocono Mountains area of northeastern Pennsylvania. By promoting and developing the region's industrial landscape, the organization enhances the quality of life for residents in Monroe County. Its initiatives aim to increase wealth among residents and improve job opportunities through carefully planned economic development activities. This commitment not only strengthens the local economy but also supports sustainable community growth, ensuring that the benefits of industrial development are felt widely throughout the region. The organization's focus on industrial and economic welfare significantly contributes to the vitality and resilience of the Pocono Mountains community.




This information is meant to be a general summary of Pocono Mountains Industries 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.

Revenue
-$307,731 (2022)
Expenses
$1,567,659 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $317
  • Program Service Revenue: $179,074
  • Gross Receipts: $3,076,463

Assets and Liabilities:

  • Total Assets: $16,018,825
  • Total Liabilities: $19,073,159
  • Net Assets: -$3,054,334

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES

Revenue

$160,478

RENTAL INCOME

Revenue

$18,596

Organization Details

Founding Year

1958

Principal Officer

Charles Leonard

Main Address

701 MAIN STREET, STROUDSBURG, PA, 18360

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