Overview
What is Greater Altoona Economic Development Corporation?
The Greater Altoona Economic Development Corporation is a nonprofit organization situated in Altoona, Pennsylvania. Their primary focus is on economic development within the city and surrounding communities. This involves implementing and completing activities necessary for the creation of a revitalization plan. Specifically, they work on Enterprise Zone initiatives and Facade Rehabilitation projects, aiming to boost the city's economic growth and improvement. The corporation's mission is to contribute positively to Altoona's development, ensuring a sustainable and prosperous future for its residents.
Is Greater Altoona Economic Development Corporation legitimate?
Greater Altoona Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Altoona Economic Development 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 Greater Altoona Economic Development Corporation?
The Greater Altoona Economic Development Corporation's mission is centered around promoting economic development within its scope. Its primary goal is to execute and complete the necessary activities for the development of a revitalization plan, not only for the city of Altoona but also for surrounding communities. This plan encompasses various initiatives such as establishing an enterprise zone, facilitating facade rehabilitation, and fostering overall economic development. The corporation aims to breathe new life into its local economy, ultimately contributing to its revitalization.
What is the revenue of Greater Altoona Economic Development Corporation?
Greater Altoona Economic Development Corporation's revenue in 2023 was $112,929.
Who are the executives of Greater Altoona Economic Development Corporation and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Greater Altoona Economic Development Corporation?
Greater Altoona Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Greater Altoona Economic Development Corporation
Greater Altoona Economic Development Corporation, abbreviated as GAEDC, is committed to driving economic development within the city of Altoona and its surrounding communities. Their mission is to carry out and complete the necessary activities for the development of a revitalization plan. This plan aims to revive the city's economy and improve its overall livability.
GAEDC focuses on implementing various projects, such as establishing an enterprise zone, facilitating facade rehabilitation, and promoting economic development. The enterprise zone initiative is designed to attract businesses and stimulate investment in specific areas of the city, thereby creating jobs and boosting local economic growth. The facade rehabilitation program aims to enhance the visual appeal of buildings in the city center, thereby improving its overall aesthetics and attractiveness to visitors and potential investors.
In summary, Greater Altoona Economic Development Corporation's mission is to spearhead the revitalization of the city of Altoona's economy by implementing and completing various activities, including the development of a revitalization plan, establishment of an enterprise zone, and facade rehabilitation. Their ultimate goal is to improve the city's economic prospects and make it a more attractive place to live, work, and invest.
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Impact
October, 2024
The Greater Altoona Economic Development Corporation plays a crucial role in revitalizing the city of Altoona through targeted economic development initiatives. By focusing on the implementation of an enterprise zone and facade rehabilitation, the organization fosters an environment ripe for business growth and community revitalization.
Their strategic efforts contribute to a comprehensive revitalization plan that enhances both the aesthetic and economic landscape of Altoona and its surrounding communities. This commitment to community improvement promotes investment, creates job opportunities, and ultimately elevates the quality of life for residents. Through these activities, the corporation serves as a catalyst for sustainable economic growth and development in the region.
This information is meant to be a general summary of Greater Altoona Economic Development 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 2023.
- Investment Income: $3,162
- Gross Receipts: $112,929
Assets and Liabilities:
- Total Assets: $228,685
- Total Liabilities: $0
- Net Assets: $228,685
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Organization Details
Founding Year
1985
Principal Officer
Stephen Mcknight
NTEE Category
Code: S31 - Community improvement
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