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Partnership Development Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 753193664 ✦ Portsmouth, VA ✦ Designated as a 501(c)(3)

Overview

What is Partnership Development Foundation Inc?

Partnership Development Foundation Inc, situated in Portsmouth, Virginia, is a nonprofit organization dedicated to bolstering the city's economic growth. They achieve this goal by offering financial support and human resources for specific projects, and by promoting education within the city. Additionally, the foundation focuses on reclaiming underperforming properties for higher, more beneficial uses, contributing to the overall economic growth of Portsmouth. Furthermore, the organization extends its support to other charitable and educational organizations by providing financial resources.


Is Partnership Development Foundation Inc legitimate?

Partnership Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partnership Development Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Partnership Development Foundation Inc?
Who is the CEO of Partnership Development Foundation Inc?
What is the revenue of Partnership Development Foundation Inc?
Who are the executives of Partnership Development Foundation Inc and what are their salaries?
Where can I find the form 990 for Partnership Development Foundation Inc?

Mission Statement of Partnership Development Foundation Inc

The Partnership Development Foundation Inc, in its mission, aims to contribute to the overall economic growth of a city by reclaiming underperforming properties and transforming them into more beneficial uses. This action serves to enhance the city's economic landscape. Furthermore, the organization extends its support beyond property revitalization by providing financial resources to various charitable and educational organizations. By doing so, the Foundation contributes to the city's development on multiple fronts, fostering a holistic improvement in its economic and social sectors.

Impact

This information is meant to be a general summary of Partnership Development Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Partnership Development Foundation Inc's impact is felt through its efforts to support the city of Portsmouth by reclaiming underperforming properties for economic growth and providing financial resources for charitable and educational organizations. Through these initiatives, the organization contributes to the revitalization and development of the city, promoting community improvement and fostering economic growth.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $60
  • Program Service Revenue: $0
  • Gross Receipts: $518,132

    • Assets and Liabilities:
  • Total Assets: $1,258,807
  • Total Liabilities: $420,500
  • Net Assets: $838,307
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Michelle Wren

    Main Address

    739 HIGH STREET, PORTSMOUTH, VA, 23704

    NTEE Category

    Code: S30 - Community improvement

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