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Plant City Economic Development Corporation

Plant City Economic Development Cor

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

EIN: 474825797 ✦ Plant city, FL ✦ Designated as a 501(c)(6)

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Overview

What is Plant City Economic Development Corporation?

The Plant City Economic Development Corporation, abbreviated as PEDC, is a nonprofit organization situated in Plant City, Florida. Their primary mission is to foster economic growth within the community, achieving this goal through the attraction of new businesses and support for existing ones. By doing so, they aim to create job opportunities, encourage capital investment, and enhance financial flow, all with the ultimate objective of improving the overall economic health of Plant City, Florida. They achieve this through the execution and implementation of a comprehensive economic development program. PEDC conducts monthly membership meetings to disseminate pertinent information related to this mission and engages a workforce of three individuals to accomplish these objectives.


Official website here: www.plantcityedc.com

Is Plant City Economic Development Corporation legitimate?

Plant City Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Plant City 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,840

For more financial information, click here


Official website here: www.plantcityedc.com

What is the mission statement of Plant City Economic Development Corporation?

The Plant City Economic Development Corporation's mission is centered around fostering economic growth. Their primary objective is to establish and execute a comprehensive economic development program aimed at attracting new businesses and supporting existing ones. This initiative is designed to enhance the economic health of the community by generating employment opportunities, encouraging capital investment, and boosting cash flow. The corporation conducts regular membership meetings, providing relevant information to help develop and implement programs that improve the community's economic well-being.


Official website here: www.plantcityedc.com

Who is the CEO of Plant City Economic Development Corporation?

Jeff Lucas is the Vice Chairma of Plant City Economic Development Corporation.


Official website here: www.plantcityedc.com

What is the revenue of Plant City Economic Development Corporation?

Plant City Economic Development Corporation's revenue in 2022 was $412,233.


Official website here: www.plantcityedc.com

Who are the executives of Plant City Economic Development Corporation and what are their salaries?

The average compensation at Plant City Economic Development Corporation during 2022 was $73,613. There are 3 employees at Plant City Economic Development Corporation.


Here are 4 key members and their salaries:


Karen Kerr (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Hurley (Immd Past Ch)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Lucas (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Jimenez Jr (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.plantcityedc.com

Where can I find the form 990 for Plant City Economic Development Corporation?

Plant City Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.plantcityedc.com

Learn more at the official website: www.plantcityedc.com

Mission Statement of Plant City Economic Development Corporation

The Plant City Economic Development Corporation's primary mission is to spearhead a comprehensive economic development program. This initiative aims to attract new businesses to the community and support the growth of existing ones. The ultimate objective is to bolster the economic health of Plant City, Florida, fostering job creation, capital investment, and encouraging positive cash flow. The corporation carries out this mission by holding monthly membership meetings, providing relevant information on developing and implementing strategies to improve the community's economic standing.

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Impact




October, 2024

The Plant City Economic Development Corporation plays a critical role in enhancing the economic vitality of Plant City, Florida. By developing and implementing a comprehensive economic development program, it actively attracts new businesses while supporting the growth of existing ones. This dual approach not only seeks to create new job opportunities but also promotes capital investment and increases cash flow within the community.

Through monthly membership meetings, the organization provides valuable insights and relevant information, fostering collaboration and engagement among local stakeholders. This focus on community improvement not only boosts economic health but also enriches the overall quality of life for residents. The impact of the Plant City Economic Development Corporation is evident in its commitment to building a stronger, more resilient local economy, ultimately benefiting all facets of the community.




This information is meant to be a general summary of Plant City 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.

Revenue
$412,233 (2022)
Expenses
$438,063 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Gross Receipts: $412,233

Assets and Liabilities:

  • Total Assets: $92,589
  • Total Liabilities: $1,434
  • Net Assets: $91,155

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Organization Details

Founding Year

2015

Principal Officer

Jeff Lucas

Main Address

133 W HERRING ST, PLANT CITY, FL, 33563

NTEE Category

Code: S41 - Community improvement

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