Overview
What is Portage Development Board?
The Portage Development Board is a nonprofit organization situated in Ravenna, Ohio, specifically at 217 S Chestnut Street, 44266. Its primary mission is to foster cooperative and coordinated economic development activities within Portage County, Ohio. This involves collaborating with municipalities, townships, public and private institutions, and businesses to retain existing jobs and create new employment opportunities. The Board's focus is on promoting economic development on a county-wide basis, ensuring that all political subdivisions of Portage County are included in these efforts. With a small team of four dedicated individuals, the Portage Development Board plays a significant role in driving economic growth and development in Portage County.
Is Portage Development Board legitimate?
Portage Development Board is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portage Development Board 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: $100,821
Professional Fundraising Fees: $0
Other Salaries and Wages: $104,556
For more financial information, click here
What is the mission statement of Portage Development Board?
The Portage Development Board's mission is to facilitate and foster economic growth on a county-wide scale, bringing together all the political subdivisions within Portage County, Ohio. Their primary objective is to coordinate and promote cooperative economic development activities among municipalities, townships, public and private institutions, and businesses. This collaborative approach aims to retain existing jobs and create new employment opportunities within the county.
Who is the CEO of Portage Development Board?
Brad Ehrhart is the President of Portage Development Board.
What is the revenue of Portage Development Board?
Portage Development Board's revenue in 2022 was $432,604.
Who are the executives of Portage Development Board and what are their salaries?
The average compensation at Portage Development Board during 2022 was $51,344. There are 4 employees at Portage Development Board.
Here are 39 key members and their salaries:
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Where can I find the form 990 for Portage Development Board?
Portage Development Board's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Portage Development Board
The Portage Development Board, a prominent entity in economic development, is committed to promoting cooperative and coordinated economic activities on a county-wide basis among all the political subdivisions in Portage County, Ohio. Its mission is to foster an environment that retains existing jobs and creates new employment opportunities by facilitating collaboration between municipalities, townships, public and private institutions, and businesses in the region. By coordinating and promoting economic development efforts, the Portage Development Board aims to strengthen the local economy and enhance the overall well-being of the community.
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Impact
October, 2024
The Portage Development Board plays a crucial role in fostering economic growth and stability in Portage County, Ohio. By coordinating and promoting economic development initiatives, it brings together municipalities, townships, and various organizations to create a unified approach toward fostering a thriving business environment.
Its efforts are aimed at retaining existing jobs while also creating new employment opportunities for residents. By facilitating collaboration among public and private institutions and businesses, the Board enhances the county's economic landscape, making it an attractive destination for investment and innovation.
Through strategic planning and partnership development, the Portage Development Board not only supports current enterprises but also encourages the establishment of new ventures. This integrative approach ensures that the economic growth is sustainable and beneficial for the community as a whole, improving the overall quality of life in Portage County.
This information is meant to be a general summary of Portage Development Board. 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: $682
- Program Service Revenue: $259,847
- Gross Receipts: $432,604
Assets and Liabilities:
- Total Assets: $525,523
- Total Liabilities: $2,510
- Net Assets: $523,013
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUSINESS RESOURCES NETWRK
Revenue
$112,635
ENTERPRISE ZONE MONITOR
Revenue
$7,500
OTHER PROGRAMS
Revenue
$13,231
PCPA SUPPORT SERVICES
Revenue
$126,481
PORTAGE COUNTY CONTRACT
Organization Details
Founding Year
2009
Phone
(330) 297-3470Principal Officer
Brad Ehrhart
Main Address
217 S CHESTNUT STREET, RAVENNA, OH, 44266
NTEE Category
Code: W20 - Public benefit
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