Overview
What is The Progress Fund?
The Progress Fund is a dedicated nonprofit organization situated in Greensburg, Pennsylvania. Their primary objective is to foster community development by raising and disbursing funds. Specifically, they focus on preserving historical sites and stimulating economic growth within the community. By offering loans, The Progress Fund plays a significant role in revitalizing the local area, contributing to its overall prosperity and maintaining its rich heritage.
Official website here: www.progressfund.org
Is The Progress Fund legitimate?
The Progress Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Progress Fund 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.
Here are some key statistics you may want to consider:
Executive Compensation: $397,538
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,736
For more financial information, click here
Official website here: www.progressfund.org
What is the mission statement of The Progress Fund?
The Progress Fund, as a non-profit organization, is dedicated to the mission of procuring and dispensing funds for the purpose of fostering community development. This mission specifically focuses on stimulating historic preservation and the revitalization of local economies. By leveraging its resources, The Progress Fund aims to contribute positively to the well-being and growth of communities, without specifying a particular location in its endeavors.
Official website here: www.progressfund.org
Who is the CEO of The Progress Fund?
David Kahley is the Board Member of The Progress Fund. The CEO's salary of The Progress Fund is $211,338 and their total compensation is $269,751.
Official website here: www.progressfund.org
What is the revenue of The Progress Fund?
Who are the executives of The Progress Fund and what are their salaries?
The average compensation at The Progress Fund during 2022 was $104,212. There are 6 employees at The Progress Fund.
Here are 9 key members and their salaries (The Progress Fund's CEO's salary is $211,338 and their total compensation is $269,751):
- David Kahley (President & Ceo)
- Karen Post (Treasurer & Cfo)
- David Miller (Board Member) [Trustee/Director]
- Jan Dofner (Board Member) [Trustee/Director]
- Eric Martin (Board Member) [Trustee/Director]
- Patricia Brennen (Board Member) [Trustee/Director]
- R John Dawes (Chairman)
- James Butler (Secretary)
- Jared Gorentz (Vice Chairman)
Official website here: www.progressfund.org
Where can I find the form 990 for The Progress Fund?
The The Progress Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.progressfund.org
Learn more at the official website: www.progressfund.org
Mission Statement of The Progress Fund
The Progress Fund, a non-profit organization, is dedicated to advancing its mission of raising and lending funds for community development. This mission is geared towards promoting historic preservation and economic revitalization in various communities, without specifying a particular location. The Progress Fund functions as a financial institution, providing loans to aid in these transformative initiatives. By doing so, it contributes to the betterment and regeneration of communities, ultimately fostering a sense of growth and progress.
Impact
This information is meant to be a general summary of The Progress Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Progress Fund raises and lends funds for community development in Greensburg, PA. Its impact includes promoting historic preservation and community economic revitalization in the city. Through its loans, The Progress Fund contributes to the improvement and sustainability of local neighborhoods, businesses, and heritage sites, ultimately enhancing the overall quality of life for residents. This organization plays a crucial role in driving positive change and fostering growth within the community, creating a more vibrant and resilient environment for all who call Greensburg home.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST
Revenue
$1,077,536
LOAN FEES
Revenue
$58,300
CONSULTING FEES
Revenue
$443
Organization Details
Founding Year
1998
Phone
(724) 216-9160
Principal Officer
David Kahley
Main Address
425 WEST PITTSBURGH STREET, GREENSBURG, PA, 15601
Website
www.progressfund.org
NTEE Category
Code: S32Z - Community improvement
If you are a representative of The Progress Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.