Polymer Alliance Zone Inc

Organization Overview

Polymer Alliance Zone Inc is located in Davisville, WV. The organization was established in 1998. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polymer Alliance Zone Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Polymer Alliance Zone Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PLAN, OPERATE, AND MANAGE COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES, PARTICULARLY BY ENCOURAGING ECONOMIC INVESTMENT AND JOB CREATION IN THE POLYMER AND PLASTICS INDUSTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ENCOURAGE ECONOMIC DEVELOPMENT THROUGHOUT THE STATE OF WEST VIRGINIA BY PROMOTING THE STATE AS THE BEST BUSINESS ENVIRONMENT FOR THE POLYMERS INDUSTRY IN THE WORLD THROUGH PARTNERING OF THE PRIVATE SECTOR, EDUCATION AND GOVERNMENT.


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Board, Officers & Key Employees

Name (title)Compensation
J Keith Burdette
President/ceo
$70,000
Sharon Albert
Vice-President
$57,165
Josh Cochran
Secretary
$0
Ryan Taylor
Vice Chair
$0
Todd Nestor
Treasurer
$0
Mike Butcher
Chairman
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$47,938
Fundraising events$0
Related organizations$0
Government grants $65,000
All other contributions, gifts, grants, and similar amounts not included above$501
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$113,439
Total Program Service Revenue$1,457,202
Investment income $1,067
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,571,708

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