Petersburg Economic Development Council

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 470864389 ✦ Petersburg, AK ✦ Designated as a 501(c)(4)

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Overview

What is Petersburg Economic Development Council?

The Petersburg Economic Development Council (PEDC) is a nonprofit organization situated in Petersburg, Alaska. Its primary mission is to stimulate and nurture economic growth within the boundaries of the Petersburg Borough. One of their key initiatives is the operation of the Petersburg Community Cold Storage (PCCS), a public facility that offers freezing and storage space to entrepreneurs in the seafood industry. This service has resulted in an increase in seafood landings in the community, the creation of additional jobs, and higher revenue. The envisioned future of PEDC includes fostering a vibrant, multi-generational small town with a robust core business district, affordable housing, a world-class seafood industry, a thriving entrepreneurial sector, and numerous activities for its residents. The PEDC, with a small workforce of one employee, plays a crucial role in driving economic growth in Petersburg, Alaska.


Official website here: www.petersburgedc.org

Is Petersburg Economic Development Council legitimate?

Petersburg Economic Development Council is a legitimate nonprofit organization registered as a 501(c)(4) entity. Petersburg Economic Development Council 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: $48,612

For more financial information, click here


Official website here: www.petersburgedc.org

What is the mission statement of Petersburg Economic Development Council?

The Petersburg Economic Development Council's mission is centered around promoting and fostering economic development within its jurisdiction. Their envisioned future includes the development of a vibrant, multi-generational small town with a thriving business district, affordable housing, a world-class seafood industry, a strong entrepreneurial sector, and various engaging activities for its citizens. The council supports this mission by operating the Petersburg Community Cold Storage (PCCS), a public facility that provides freezing and storage space to entrepreneurs in the seafood industry. This initiative leads to increased seafood landings in the community, the creation of additional jobs, and revenue generation.


Official website here: www.petersburgedc.org

Who is the CEO of Petersburg Economic Development Council?

Casey Flint is the Board Presid of Petersburg Economic Development Council.


Official website here: www.petersburgedc.org

What is the revenue of Petersburg Economic Development Council?

Petersburg Economic Development Council's revenue in 2022 was $197,088.


Official website here: www.petersburgedc.org

Who are the executives of Petersburg Economic Development Council and what are their salaries?

The average compensation at Petersburg Economic Development Council during 2022 was $48,612. There is 1 employee and 8 volunteers at Petersburg Economic Development Council.


Here are 9 key members and their salaries:


Casey Flint (Board Presid)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glorianne Wollen (Board Vice P)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillary Whitethorn (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Lynch (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Giesbrecht (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Grundberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Jensen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Megan O'Neil (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Cabrera (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.petersburgedc.org

Where can I find the form 990 for Petersburg Economic Development Council?

Petersburg Economic Development Council's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.petersburgedc.org

Learn more at the official website: www.petersburgedc.org

Mission Statement of Petersburg Economic Development Council

The Petersburg Economic Development Council, abbreviated as PEDC, is a nonprofit organization with a mission to promote and foster economic development within its boundaries. Visioning a future where Petersburg becomes a lively, multi-generational small town, the council aims to establish a thriving core business district, provide affordable housing, develop a world-class seafood industry, cultivate a strong entrepreneurial sector, and offer engaging activities for its citizens.

To achieve this vision, the PEDC operates the Petersburg Community Cold Storage (PCCS), a public facility that provides freezing and storage space to entrepreneurs in the seafood industry. By offering this essential service, the council aims to increase seafood landings in the community, leading to the creation of additional jobs and generating revenue. This focus on the seafood industry serves as a key strategy for driving economic growth and development within Petersburg.

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Impact




October, 2024

The Petersburg Economic Development Council significantly enhances the economic landscape of Petersburg, Alaska, by promoting and fostering local economic development. One of its key initiatives is the operation of the Petersburg Community Cold Storage (PCCS), a vital facility that provides freezing and storage space specifically for the seafood industry. This support leads to increased seafood landings, which in turn creates additional job opportunities and generates increased revenue for the community.

The impact of the council is evident in its contributions to the local economy, as it strengthens the core business district and supports entrepreneurs in a region where seafood plays a critical role. By facilitating infrastructure that aids in seafood processing and storage, the PEDC not only bolsters the fishing industry but also contributes to creating a vibrant, multi-generational town with a focus on enhancing the quality of life for its residents through affordable housing and recreational opportunities. Through these efforts, the organization is instrumental in fostering a robust, diverse local economy poised for growth.




This information is meant to be a general summary of Petersburg Economic Development Council. 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.

Revenue
$197,088 (2022)
Expenses
$243,656 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $33
  • Gross Receipts: $197,088

Assets and Liabilities:

  • Total Assets: $1,820,545
  • Total Liabilities: $25,278
  • Net Assets: $1,795,267

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Organization Details

Founding Year

2001

Principal Officer

Casey Flint

Main Address

PO BOX 750, PETERSBURG, AK, 99833

NTEE Category

Code: Z99 - Unknown

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