Partnership For Economic Development Inc

Organization Overview

Partnership For Economic Development Inc is located in Lake Havasu City, AZ. The organization was established in 1997. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Partnership For Economic Development Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For Economic Development 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 06/2021, Partnership For Economic Development Inc generated $619.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $472.3k during the year ending 06/2021. While expenses have increased by 3.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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

EDUCATE THE PUBLIC AND PROMOTE ECONOMIC DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

INITIATING CITY EXPOSURE TO NEW BUSINESS TO IMPROVE ECONOMIC CONDITIONS OF THE CITY.


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Board, Officers & Key Employees

Name (title)Compensation
James Gray
President & CEO
$0
Michael Paterson
Chairman
$0
Luke Still
Vice Chairman
$0
Ralph Tapscott
Secretary
$0
Matt Kross
Director
$0
Mark Durham
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$96,470
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$96,470
Total Program Service Revenue$516,500
Investment income $6,680
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 $619,650

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