Overview
What is Greater St Petersburg Area Economic Development Corporation?
The Greater St Petersburg Area Economic Development Corporation, often referred to as the St. Petersburg EDC, is a nonprofit organization situated in St. Petersburg, Florida. Its primary mission is to foster and maintain a diverse, sustainable economy in the area, primarily benefiting St. Petersburg and surrounding cities and communities within Pinellas County. The organization achieves this by implementing economic development programs that strengthen and expand businesses, promoting quality-of-life programs, and addressing issues hindering business growth and community development. The St. Petersburg EDC serves as a bridge between businesses and resources, acting as a "storyteller in chief" to showcase St. Petersburg as an attractive business and career location.
Official website here: www.stpeteedc.com
Is Greater St Petersburg Area Economic Development Corporation legitimate?
Greater St Petersburg Area Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater St Petersburg Area 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: $123,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,983
For more financial information, click here
Official website here: www.stpeteedc.com
What is the mission statement of Greater St Petersburg Area Economic Development Corporation?
The Greater St Petersburg Area Economic Development Corporation serves as a key connector, linking businesses with the resources and programs necessary for growth. Its mission is to promote advancement and support the recruitment, establishment, expansion, and retention of competitive businesses in the region. The corporation implements economic development programs aimed at strengthening and expanding income potential for existing and new businesses. Additionally, it promotes quality-of-life initiatives that enhance the functional and aesthetic values of the community. Furthermore, the organization identifies and addresses issues that hinder business expansion and community growth.
Official website here: www.stpeteedc.com
Who is the CEO of Greater St Petersburg Area Economic Development Corporation?
Michael Swesey is the CEO of Greater St Petersburg Area Economic Development Corporation The CEO's salary of Greater St Petersburg Area Economic Development Corporation is $48,589 and their total compensation is $48,589.
Official website here: www.stpeteedc.com
What is the revenue of Greater St Petersburg Area Economic Development Corporation?
Greater St Petersburg Area Economic Development Corporation's revenue in 2023 was $642,916.
Official website here: www.stpeteedc.com
Who are the executives of Greater St Petersburg Area Economic Development Corporation and what are their salaries?
Here are 23 key members and their salaries (Greater St Petersburg Area Economic Development Corporation's CEO's salary is $48,589 and their total compensation is $48,589):
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Official website here: www.stpeteedc.com
Where can I find the form 990 for Greater St Petersburg Area Economic Development Corporation?
Greater St Petersburg Area Economic Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.stpeteedc.com
Learn more at the official website: www.stpeteedc.com
Mission Statement of Greater St Petersburg Area Economic Development Corporation
The Greater St. Petersburg Area Economic Development Corporation, often referred to as the "storyteller in chief" for St. Petersburg as a business and career location, is dedicated to connecting businesses with the people and programs that will aid in their growth. Its mission is to advance and support the recruitment, formation, expansion, and retention of quality jobs and competitive businesses that will foster and maintain a diverse, year-round, and sustainable economy primarily in St. Petersburg and surrounding cities and communities within Pinellas County.
To achieve this goal, the corporation implements economic development programs designed to strengthen and expand the income potential of all existing and new businesses within the trade area. By promoting quality-of-life programs of a civic, social, and cultural nature, the EDC aims to increase the functional and aesthetic values of the community. Lastly, the corporation discovers and corrects issues that prevent the promotion of business expansion and community growth.
In summary, the Greater St. Petersburg Area Economic Development Corporation works tirelessly to connect businesses with the resources they need to grow and thrive, while also promoting programs that enhance the overall quality of life in the community. Its ultimate goal is to foster a diverse, sustainable economy that benefits both businesses and the community as a whole.
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Impact
October, 2024
The Greater St. Petersburg Area Economic Development Corporation plays a pivotal role in shaping the economic landscape of St. Petersburg and its surrounding communities. As the "storyteller in chief," it effectively communicates the region's strengths as a business and career location, showcasing opportunities to attract and retain quality jobs and competitive businesses.
Its comprehensive approach focuses on several key areas: the recruitment and expansion of businesses, enhancing the income potential of both existing and new enterprises, and addressing challenges to business growth. By implementing targeted economic development programs, the organization fosters a diversified, sustainable economy that benefits the entire Pinellas County region.
Additionally, the corporation promotes quality-of-life initiatives that contribute to civic, social, and cultural vibrancy, enhancing the community’s aesthetic and functional attributes. This holistic strategy not only stimulates economic growth but also nurtures a thriving environment for residents and businesses alike.
This information is meant to be a general summary of Greater St Petersburg Area 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 2023.
- Investment Income: $11,916
- Program Service Revenue: $481,000
- Gross Receipts: $642,916
Assets and Liabilities:
- Total Assets: $659,173
- Total Liabilities: $79,439
- Net Assets: $579,734
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$473,000
SPONSORSHIPS
Revenue
$8,000
Organization Details
Founding Year
2016
Principal Officer
Michael Swesey
Website
www.stpeteedc.comNTEE Category
Code: S41 - Community improvement
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