Overview
What is Portage Economic Development Corporation?
Portage Economic Development Corporation (PEDCO) is a nonprofit organization situated in Portage, Indiana, primarily dedicated to marketing and promoting the city to external businesses. By partnering with local businesses and the City of Portage, PEDCO invests in attracting new businesses to the area, aiming to improve the overall quality of life. Their initiatives encompass outreach programs and the strategic depreciation of resources, ultimately contributing to the economic growth and development of Portage.
Official website here: www.portagein.org
Is Portage Economic Development Corporation legitimate?
Portage Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portage 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $86,346
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.portagein.org
What is the mission statement of Portage Economic Development Corporation?
The Portage Economic Development Corporation serves a dual role, acting as a promoter for businesses outside its area and partnering in the strengthening of existing businesses within the community. By leveraging investments from local businesses and the city, its mission is twofold: to attract new businesses and enhance the overall quality of life. The organization accomplishes this through various programs, such as outreach and the depreciation of certain items.
Official website here: www.portagein.org
Who is the CEO of Portage Economic Development Corporation?
Andy Maletta is the Executive Di of Portage Economic Development Corporation.
Official website here: www.portagein.org
What is the revenue of Portage Economic Development Corporation?
Portage Economic Development Corporation's revenue in 2022 was $120,477.
Official website here: www.portagein.org
Who are the executives of Portage Economic Development Corporation and what are their salaries?
The average compensation at Portage Economic Development Corporation during 2022 was $86,346. There is 1 employee at Portage Economic Development Corporation.
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Official website here: www.portagein.org
Where can I find the form 990 for Portage Economic Development Corporation?
Portage Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.portagein.org
Learn more at the official website: www.portagein.org
Mission Statement of Portage Economic Development Corporation
Portage Economic Development Corporation (PEDCO) serves a vital role in promoting Portage, Indiana to external businesses and supporting the growth of existing establishments within the community. Leveraging investments from local businesses and the City of Portage, PEDCO's mission is twofold: to draw new businesses to the area and enhance the overall quality of life for its residents. The organization accomplishes this through various initiatives, including outreach and the depreciation of resources. By attracting new businesses, PEDCO contributes to a thriving economic landscape in Portage, ultimately benefiting the local community as a whole.
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Impact
October, 2024
Portage Economic Development Corporation (PEDCO) plays a vital role in shaping the economic landscape of Portage, Indiana. By marketing and promoting the city to outside businesses, PEDCO attracts new investments that contribute to local growth and development. The organization works hand-in-hand with existing businesses, enhancing their potential and ensuring a robust economic environment.
Through strategic outreach and partnerships, PEDCO strengthens the local business ecosystem, fostering collaboration and innovation. Investments from community businesses and the City of Portage enable PEDCO to implement programs that not only drive economic growth but also enhance the overall quality of life for residents. By successfully attracting new businesses and nurturing local enterprises, PEDCO significantly contributes to community improvement and vitality.
This information is meant to be a general summary of Portage 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 2022.
- Gross Receipts: $124,829
Assets and Liabilities:
- Total Assets: $132,724
- Total Liabilities: $0
- Net Assets: $132,724
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Organization Details
Founding Year
1985
Phone
(219) 762-9761Principal Officer
Andy Maletta
Main Address
6100 SOUTHPORT ROAD, PORTAGE, IN, 46368
Website
www.portagein.orgNTEE Category
Code: S30 - Community improvement
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