Overview
What is Powell Development Corporation?
Powell Development Corporation is a nonprofit organization situated in Powell, Ohio, with an address at 47 Hall Street. Its primary objective is to stimulate and foster industrial and commercial growth within the city. To achieve this, the corporation enters into agreements with private businesses, offering offset payments once new job opportunities are created within the city. By doing so, the organization aims to improve the local economy and create a more prosperous community.
Official website here: www.businessinpowell.org
Is Powell Development Corporation legitimate?
Powell Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Powell 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.
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.businessinpowell.org
What is the mission statement of Powell Development Corporation?
The Powell Development Corporation exists with the primary objective of fostering, encouraging, and promoting industrial and commercial development. Their mission is centered around advancing business growth and creation, thereby contributing to job opportunities in the respective city. To achieve this, the corporation enters into agreements with private businesses, offering offset payments as an incentive for establishing operations. This strategy ultimately leads to the creation of new jobs within the city.
Official website here: www.businessinpowell.org
Who is the CEO of Powell Development Corporation?
Rosa Ocheltree is the Member of Powell Development Corporation.
Official website here: www.businessinpowell.org
What is the revenue of Powell Development Corporation?
Powell Development Corporation's revenue in 2022 was $361,050.
Official website here: www.businessinpowell.org
Who are the executives of Powell Development Corporation and what are their salaries?
Here are 5 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
Official website here: www.businessinpowell.org
Where can I find the form 990 for Powell Development Corporation?
Powell Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.businessinpowell.org
Learn more at the official website: www.businessinpowell.org
Mission Statement of Powell Development Corporation
Powell Development Corporation, a notable organization, is dedicated to propelling the advancement and encouragement of industrial and commercial development within its realm. Their mission is multifaceted, encompassing the promotion of such development. To achieve this, the corporation enters into agreements with private businesses, providing a platform that facilitates the creation of new job opportunities within the organization's sphere of influence. In recognition of these new jobs, the corporation offers offset payments to the cooperating businesses, thereby incentivizing growth and development. In essence, Powell Development Corporation serves as a catalyst for economic progress, fostering an environment that attracts and nurtures business growth, thereby contributing to overall community development.
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
Powell Development Corporation plays a vital role in fostering economic growth and community improvement in Powell, Ohio. By advancing, encouraging, and promoting industrial and commercial development, the organization actively contributes to the creation of new jobs within the city. Their strategic partnerships with private businesses enable these businesses to thrive, while simultaneously providing the community with employment opportunities.
Through financial incentives, such as offset payments tied to job creation, Powell Development Corporation effectively motivates businesses to invest in the local economy. This not only enhances business viability but also bolsters the overall economic landscape of Powell. The ripple effects of their initiatives can be seen in the improved quality of life for residents, increased local spending, and a more dynamic job market. Ultimately, the organization’s commitment to community improvement positions Powell as an attractive destination for businesses and a vibrant place for residents.
This information is meant to be a general summary of Powell 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 2022.
- Program Service Revenue: $24,050
- Gross Receipts: $361,050
Assets and Liabilities:
- Total Assets: $471,314
- Total Liabilities: $2,700
- Net Assets: $468,614
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.
RENT INCOME
Revenue
$24,050
Organization Details
Principal Officer
Rosa Ocheltree
Main Address
47 HALL STREET, POWELL, OH, 43065
Website
www.businessinpowell.orgNTEE Category
Code: S99 - Community improvement
If you are a representative of Powell Development Corporation 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.