Form 990 for tax year 2023
Filed by GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $642,916
- Total expenses
- $646,520
- Contributions and grants received
- $150,000
- Grants paid
- $0
- Program service revenue
- $481,000
- Investment income
- $11,916
- Other revenue
- $0
- Total assets, end of year
- $594,299
- Total liabilities, end of year
- $18,169
- Net assets or fund balances, end of year
- $576,130
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$150,000
-
2a · Program service revenue: MEMBERSHIP DUES
total $473,000 · related or exempt $473,000
-
2b · Program service revenue: SPONSORSHIPS
total $8,000 · related or exempt $8,000
-
3 · Investment income
total $11,916 · excluded $11,916
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $123,043
-
7 · Other salaries and wages
total $190,983
-
9 · Other employee benefits
total $23,549
-
10 · Payroll taxes
total $24,515
-
11b · Fees: legal
total $1,458
-
11g · Fees: other
total $8,355
-
12 · Advertising and promotion
total $66,739
-
13 · Office expenses
total $2,808
-
14 · Information technology
total $19,492
-
16 · Occupancy
total $36,000
-
19 · Conferences, conventions and meetings
total $48,502
-
22 · Depreciation, depletion and amortization
total $2,450
-
23 · Insurance
total $4,943
-
24a · Other expenses: LEADERSHIP ALLIANCE
total $30,000
-
24b · Other expenses: PROGRAM EXPENSE
total $23,465
-
24c · Other expenses: MISSION EXPENSE
total $15,280
-
24d · Other expenses: CONTRACT LABOR
total $9,529
-
24e · All other expenses
total $15,409
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $129,293 · end of year $76,367
-
2 · Savings and temporary cash investments
beginning of year $502,252 · end of year $514,168
-
4 · Accounts receivable
beginning of year $25,000 · end of year $23
-
10a · Land, buildings and equipment: cost or other basis
$11,327
-
10b · Land, buildings and equipment: accumulated depreciation
$7,586
-
10c · Land, buildings and equipment, net
beginning of year $2,628 · end of year $3,741
-
17 · Accounts payable and accrued expenses
beginning of year $79,439 · end of year $18,169
-
27 · Net assets without donor restrictions
beginning of year $579,734 · end of year $576,130
Mission and programs · 2023
Mission
THE GREATER ST. PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION("EDC") IS THE "STORYTELLER IN CHIEF" FOR ST. PETERSBURG AS A BUSINESS AND CAREER LOCATION. WE CONNECT BUSINESSES WITH THE PEOPLE AND PROGRAMS THAT WILL HELP THEM GROW.
Activities or mission (Part I)
THE ST. PETERSBURG EDC IS THE "STORYTELLER IN CHIEF" FOR ST. PETERSBURG AS A BUSINESS AND CAREER LOCATION. WE CONNECT BUSINESSES WITH THE PEOPLE AND PROGRAMS THAT WILL HELP THEM GROW.
-
THE EDC IS ORGANIZED TO ACHIEVE ADVANCEMENT AND SUPPORT THE RECRUITMENT, FORMATION, EXPANSION AND RETENTION OF QUALITY JOBS AND COMPETITIVE BUSINESSES THAT WILL FOSTER AND MAINTAIN A DIVERSIFIED, YEAR-ROUND AND SUSTAINABLE ECONOMY PRIMARILY FOR ST. PETERSBURG AND SURROUNDING CITIES AND COMMUNITIES WITHIN PINELLAS COUNTY.ADDITIONALLY, THE EDC SHALL PROMOTE BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT BY: 1) IMPLEMENTING ECONOMIC DEVELOPMENT PROGRAMS DESIGNED TO STRENGTHEN AND EXPAND THE INCOME POTENTIAL OF ALL EXISTING AND NEW BUSINESSES WITHIN THE TRADE AREA; 2) PROMOTING QUALITY-OF-LIFE PROGRAMS OF A CIVIC, SOCIAL, AND CULTURAL NATURE WHICH ARE DESIGNED TO INCREASE THE FUNCTIONAL AND AESTHETIC VALUES OF THE COMMUNITY AND; 3) DISCOVERING AND CORRECTING ISSUES WHICH PREVENT THE PROMOTION OF BUSINESS EXPANSION AND COMMUNITY GROWTH.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marcus GreeneMARCUS GREENE
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 0.5 related
-
Bill KentBILL KENT
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Danielle RuizDANIELLE RUIZ
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
John MooreJOHN MOORE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Bob WarcholaBOB WARCHOLA
GENERAL COUNCIL
- Total calculated
- $0
- Hours/week
- 1 + 0.5 related
-
Ken WelchKEN WELCH
MAYOR OF CITY OF ST. PETE
- Total calculated
- $0
- Hours/week
- 1
-
Chris SteinocherCHRIS STEINOCHER
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian AuldBRIAN AULD
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandra BrahamSANDRA BRAHAM
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
James CorbettJAMES CORBETT
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Chuck CataneseCHUCK CATANESE
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan GriffinRYAN GRIFFIN
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Kathy GilletteKATHY GILLETTE
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason JensenJASON JENSEN
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Greg HoldenGREG HOLDEN
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Morgan HolmesMORGAN HOLMES
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason MathisJASON MATHIS
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne McMullenANNE MCMULLEN
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Tonjua WilliamsTONJUA WILLIAMS
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Nick HessNICK HESS
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim DonatelliJIM DONATELLI
GOVERNOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael SweseyMICHAEL SWESEY
PRESIDENT & CEO STARTING MAY 2023
- Total calculated
- $48,589
- From this org
- $48,589
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jp DubuqueJP DUBUQUE
PRESIDENT & CEO THROUGH APRIL 2023
- Total calculated
- $87,536
- From this org
- $74,454
- From related orgs
- $0
- Other
- $13,082
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 September 2024
- IRS schema version
- 2023v5.1
- Source object
- 202412559349300046
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