Portsmouth Partnership Inc

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

EIN: 546059292 ✦ Portsmouth, VA ✦ Designated as a 501(c)(6)

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Overview

What is Portsmouth Partnership Inc?

Portsmouth Partnership Inc, located in Portsmouth, Virginia, is a nonprofit organization with a mission to stimulate industrial and economic growth within the city. Their primary objective is to support, enhance, and develop existing industries, while also aiding prospective industries in acquiring necessary land and buildings for their operations within the city. This organization plays a crucial role in promoting the city's industrial and economic development, contributing to the overall prosperity of Portsmouth, Virginia.

Is Portsmouth Partnership Inc legitimate?

Portsmouth Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Portsmouth Partnership Inc 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

What is the mission statement of Portsmouth Partnership Inc?

Portsmouth Partnership Inc is dedicated to encouraging industrial and economic growth within its operations. The organization aims to support existing industries, improve their operations, and stimulate further development. Additionally, Portsmouth Partnership Inc assists prospective industries in acquiring necessary land and buildings for their operations within the city. The ultimate goal is to foster a thriving industrial landscape, contributing to the overall economic growth and development.

What is the revenue of Portsmouth Partnership Inc?

Portsmouth Partnership Inc's revenue in 2024 was $682,928.

Who are the executives of Portsmouth Partnership Inc and what are their salaries?

There 49 volunteers at Portsmouth Partnership Inc.

Here are 50 key members and their salaries:


Max Greenhood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred J Pasquine (First Vice P)
  • Compensation: $0
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  • Other: $0
Hope R Sinclair Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Shelton (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Wren (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bartley (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
B Ross Cherry (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carley E Brierre (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefanie Osfolk Brown (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
James Bento (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Bovee (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valarie Burge-Hall (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald W Comer Jr (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Thomas Cross (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Joseph Donnelly (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Michael P Fitzwater (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Dr Stephen Genthner (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Camille Cherry (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Mark Frigelj (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Dr Johnny Garcia (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Herbert A Haneman (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Dr Roberta Hansel-Union (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura W Hanson Jd (Trustee/Dire)
  • Compensation: $0
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Jay Grant (Trustee/Dire)
  • Compensation: $0
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C Bradford Hunter (Trustee/Dire)
  • Compensation: $0
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Ryan C Kenrick (Trustee/Dire)
  • Compensation: $0
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Shane Knisley (Trustee/Dire)
  • Compensation: $0
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Stephen J Korving (Trustee/Dire)
  • Compensation: $0
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Stephen E Heretick (Trustee/Dire)
  • Compensation: $0
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David Host Jr (Trustee/Dire)
  • Compensation: $0
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Ashton Lewis Jr (Trustee/Dire)
  • Compensation: $0
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Curtis C Lyons (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Stan Magann Jr (Trustee/Dire)
  • Compensation: $0
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Ross Morgan (Trustee/Dire)
  • Compensation: $0
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Cannon Moss (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Justin C Lovell (Trustee/Dire)
  • Compensation: $0
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Senator L Louise Lucas (Trustee/Dire)
  • Compensation: $0
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Christine N Piersall (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Konner Pritchard (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Melissa Ramsey (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Murphy (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paul (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Schmalbach (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Angela Riddix (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Robinett (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Kendra Robinson (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Joel Rubin (Trustee/Dire)
  • Compensation: $0
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William Taylor (Trustee/Dire)
  • Compensation: $0
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Matthew Tuttle (Trustee/Dire)
  • Compensation: $0
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  • Other: $0
Rob Wilber (Trustee/Dire)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Portsmouth Partnership Inc?

Portsmouth Partnership Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Portsmouth Partnership Inc

Portsmouth Partnership Inc, a nonprofit organization, is dedicated to stimulating interest and fostering the economic and industrial development of its unspecified city. Its mission is multifaceted, encompassing three key areas. Firstly, it aims to assist and improve existing industries within the city. Secondly, it seeks to develop these industries further. Lastly, Portsmouth Partnership Inc plays a crucial role in helping prospective industries acquire the necessary land and buildings for their operation within the city. By undertaking these tasks, the organization contributes to the overall growth and prosperity of the city's industrial sector.

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Impact



October, 2024

Portsmouth Partnership Inc significantly influences the industrial and economic landscape of Portsmouth, Virginia, by actively stimulating interest in development initiatives throughout the city. Its efforts focus on enhancing and improving existing industries, facilitating their growth, and supporting prospective industries in securing necessary land and infrastructure for operational needs.

By fostering a supportive environment for both current and future businesses, Portsmouth Partnership Inc plays a crucial role in driving economic growth, creating job opportunities, and enhancing the overall quality of life in the community. Through targeted assistance and development strategies, it helps to ensure that Portsmouth remains a competitive and attractive location for businesses to thrive, ultimately benefiting the local economy and residents.



This information is meant to be a general summary of Portsmouth Partnership Inc. 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
$682,928 (2024)
Expenses
$809,609 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $24,909
  • Program Service Revenue: $506,049
  • Gross Receipts: $682,928

Assets and Liabilities:

  • Total Assets: $1,432,733
  • Total Liabilities: $426,858
  • Net Assets: $1,005,875

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

BLOOM MEMBER INCOME

Revenue

$404,155

MEMBERSHIP DUES

Revenue

$61,000

BLOOM MARKET INCOME

Revenue

$40,894

Organization Details

Founding Year

1983

Principal Officer

Michelle Wren

NTEE Category

Code: S40 - Community improvement

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