Pottstown Area Development Corporation Vii is located in Pottstown, PA. The organization was established in 2006. According to its NTEE Classification (S31) the organization is classified as: Urban & Community 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. Pottstown Area Development Corporation Vii 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 12/2023, Pottstown Area Development Corporation Vii generated $350.0 in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $350.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SALE OF BLIGHTED REAL ESTATE IN THE DOWNTOWN AREA OF POTTSTOWN, PA. FOR REDEVELOPMENT AND USE IN THE DOWNTOWN AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Rodriguez President | 4 | $0 | |
Justin Keller Immediate Past President | 4 | $0 | |
Rebecca Swanson Until 523 Past President | 4 | $0 | |
Aliyah Stanger Start 1123 Vice President | 4 | $0 | |
Eileen Dautrich Treasurer | 4 | $0 | |
Peggy Lee-Clark Executive Director And Secretary | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $350 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $350 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $350 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $350 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $0 |
Other assets | $0 |
Total assets | $0 |
Total liabilities | $20,387 |
Net assets or fund balances | -$20,387 |