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First Place Partners Inc

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

EIN: 821918684 ✦ Pensacola, FL ✦ Designated as a 501(c)(6)

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Overview

What is First Place Partners Inc?

First Place Partners Inc, situated in Pensacola, Florida, is a dedicated nonprofit organization working towards economic growth and job creation in Escambia and Santa Rosa Counties. Over the past year, they have engaged in various activities, such as funding a national database to showcase available sites and buildings, hiring a consulting firm for appointments with target companies, and advocating for infrastructure funding for projects like a new wastewater treatment plant and industrial park improvements. They also advocate for good economic growth policies and support funding for infrastructure projects within the region. Recognizing the significant impact of the military on the local economy, they partnered with FloridaWest to conduct a SWOT analysis targeting the Department of Navy installations in Escambia and Santa Rosa Counties. Their ultimate mission is to promote economic development and job creation in Escambia County, Florida, and other counties within the Pensacola Standard Metropolitan Statistical Area (SMSA).

Is First Place Partners Inc legitimate?

First Place Partners Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. First Place Partners 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 First Place Partners Inc?

First Place Partners Inc aims to stimulate economic growth and job creation in certain counties, specifically those within the Pensacola Standard Metropolitan Statistical Area (SMSA). Over the past year, they have supported this objective through various means, including funding for a national database showcasing available sites and buildings, hiring a consulting firm for trade show appointments, and writing a strategic plan for FloridaWest, an economic development recruitment organization. They have also advocated for favorable economic growth policies with the Florida Legislature, promoting infrastructure funding for various projects. In 2021, they continued their advocacy and support for infrastructure projects within the two-county area. Given the significant economic impact of the military in the region, they have partnered with FloridaWest to conduct a SWOT analysis targeting Department of Navy installations in the area. The results of this analysis were shared with local economic development organizations, leading to the formation of another organization to capitalize on the opportunities identified.

Who is the CEO of First Place Partners Inc?

Ed Carson is the President of First Place Partners Inc.

What is the revenue of First Place Partners Inc?

First Place Partners Inc's revenue in 2022 was $77,000.

Who are the executives of First Place Partners Inc and what are their salaries?


Here are 3 key members and their salaries:


Ed Carson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Logan Devries (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rhodes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for First Place Partners Inc?

First Place Partners Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of First Place Partners Inc

First Place Partners Inc is dedicated to promoting economic development and job creation within Escambia County FL and other counties that fall under the Pensacola Standard Metropolitan Statistical Area (SMSA). Their mission is to foster a favorable environment for business growth and employment opportunities in these regions. Over the past year, First Place Partners Inc has supported this goal in various ways, building upon projects started in 2019. They have provided funding for subscribing to a national database showcasing available sites and buildings in the two-county region, hired a consulting firm to arrange appointments with target companies at trade shows, and drafted a strategic plan for FloridaWest, the economic development recruitment organization for Escambia County.

In terms of advocacy, First Place Partners Inc has been actively lobbying for a good economic growth policy with the Florida Legislature, supporting infrastructure funding for various projects such as a new wastewater treatment plant in Santa Rosa County and road improvements for an industrial park in Escambia County. In 2021, they continued their advocacy for sustainable economic growth and continued to support infrastructure projects within the two-county area. Given the significant economic impact of the military in the region, First Place Partners Inc has collaborated with FloridaWest to engage a consultant to perform a SWOT analysis targeting the Department of Navy installations in Escambia and Santa Rosa County. The SWOT analysis aims to identify both the challenges and opportunities each installation is facing, providing First Place Partners Inc with a better understanding of where their capabilities can be best leveraged to support NAS Pensacola and NAS Whiting Field. In 2022, the SWOT analysis was completed and shared with the various economic development organizations in Santa Rosa and Escambia Counties.

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Impact




October, 2024

First Place Partners Inc has played a pivotal role in fostering economic development and job creation in Escambia County and the surrounding regions. Over the past year, the organization has engaged in a range of initiatives designed to stimulate economic growth and support local job opportunities.

Key activities include providing direct funding to subscribe to a national database that highlights available sites and buildings, which is essential for attracting potential businesses to the area. Additionally, First Place Partners has invested in hiring consulting firms to facilitate connections with target companies at trade shows, thereby enhancing the region's visibility to potential investors.

The organization has also developed a strategic plan for FloridaWest, the economic development recruitment organization for Escambia County, ensuring that there is a coherent approach to attracting and retaining businesses. Advocacy efforts have focused on promoting sound economic growth policies, including lobbying for infrastructure funding that is critical for projects like a new wastewater treatment plant in Santa Rosa County and necessary road improvements in Escambia County.

Given the significant economic impact of the military in these counties, First Place Partners has prioritized the protection and expansion of the defense industry. Collaborating with FloridaWest, they commissioned a SWOT analysis targeting local Navy installations, which provides insights into the challenges and opportunities these sites face, thus helping tailor strategies to support military economic contributions.

The completion of the SWOT analysis in 2022 has paved the way for collaborative efforts with various economic development organizations, setting the stage for actionable strategies based on identified opportunities. Overall, First Place Partners Inc. has been instrumental in catalyzing ongoing economic vitality within the Pensacola Metropolitan Statistical Area.




This information is meant to be a general summary of First Place Partners 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
$77,000 (2022)
Expenses
$140,122 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $77,000

Assets and Liabilities:

  • Total Assets: $91,118
  • Total Liabilities: $0
  • Net Assets: $91,118

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Organization Details

Founding Year

2017

Principal Officer

Ed Carson

Main Address

900 N 12TH AVE, PENSACOLA, FL, 32501

NTEE Category

Code: S41 - Community improvement

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