Overview
What is Pidc-Penn Venture Fund?
Pidc-Penn Venture Fund, based in Philadelphia, Pennsylvania, serves as a venture capital fund with a mission to drive economic development. By providing financing for the early and intermediate needs of growing and established businesses, Pidc-Penn Venture Fund aims to promote employment and public welfare. The fund operates within the City of Philadelphia, contributing to its economic growth and development.
Official website here: www.pidcphila.com
Is Pidc-Penn Venture Fund legitimate?
Pidc-Penn Venture Fund is a legitimate nonprofit organization registered as a 501(c)(4) entity. Pidc-Penn Venture Fund 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: $0
For more financial information, click here
Official website here: www.pidcphila.com
What is the mission statement of Pidc-Penn Venture Fund?
The Pidc-Penn Venture Fund, in its mission, aims to foster economic growth and promote employment and public welfare by providing funds to finance the early and intermediate needs of growing and existing businesses. This venture capital fund is dedicated to supporting businesses, thereby contributing to the overall economic development. By offering financial assistance, the Pidc-Penn Venture Fund helps businesses meet their financial requirements during their growth phases, ultimately benefiting the community as a whole.
Official website here: www.pidcphila.com
Who is the CEO of Pidc-Penn Venture Fund?
Anne Nevins is the President of Pidc-Penn Venture Fund.
Official website here: www.pidcphila.com
What is the revenue of Pidc-Penn Venture Fund?
Pidc-Penn Venture Fund's revenue in 2022 was $43,445.
Official website here: www.pidcphila.com
Who are the executives of Pidc-Penn Venture Fund and what are their salaries?
There 30 volunteers at Pidc-Penn Venture Fund.
Here are 37 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $385,608
- Other: $19,111
- Compensation: $0
- Related: $276,695
- Other: $59,120
- Compensation: $0
- Related: $272,185
- Other: $57,562
- Compensation: $0
- Related: $220,660
- Other: $57,808
- Compensation: $0
- Related: $220,660
- Other: $57,507
- Compensation: $0
- Related: $253,286
- Other: $59,033
- Compensation: $0
- Related: $95,416
- Other: $42,380
Official website here: www.pidcphila.com
Where can I find the form 990 for Pidc-Penn Venture Fund?
Pidc-Penn Venture Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pidcphila.com
Learn more at the official website: www.pidcphila.com
Mission Statement of Pidc-Penn Venture Fund
Pidc-Penn Venture Fund, abbreviated as PIDC PVF, is a venture capital fund with a mission to stimulate economic development, promote employment, and enhance public welfare. It achieves this by offering financial assistance to cater to the early and intermediate needs of businesses within its jurisdiction. By providing funds to growing and existing enterprises, PIDC PVF contributes to fostering economic growth and creating job opportunities, ultimately improving the overall public welfare.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Pidc-Penn Venture Fund plays a crucial role in driving economic development in Philadelphia by providing essential financial support to both growing and established businesses. This funding addresses the early and intermediate needs of these entities, enabling them to expand operations, innovate, and create jobs. By fostering a thriving business ecosystem, the fund not only stimulates local economic growth but also promotes employment opportunities, which ultimately enhances public welfare in the city. Through its targeted investment strategies, Pidc-Penn Venture Fund significantly contributes to the community's overall improvement and resilience.
This information is meant to be a general summary of Pidc-Penn Venture Fund. 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: $8,554
- Program Service Revenue: $34,891
- Gross Receipts: $43,445
Assets and Liabilities:
- Total Assets: $982,105
- Total Liabilities: $177,430
- Net Assets: $804,675
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ECONOMIC DEVELOPMENT
Revenue
$34,891
Organization Details
Founding Year
1985
Phone
(215) 496-8020Principal Officer
Anne Nevins
Main Address
1500 MARKET STREET 3500W, PHILADELPHIA, PA, 19102
Website
www.pidcphila.comNTEE Category
Code: S30 - Community improvement
If you are a representative of Pidc-Penn Venture Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.