EIN 52-1298515

Prince George's County Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
25
City
Year formed
1983
Most recent tax filings
2023-06-01
Description
Prince George's County Economic Development Corporation provides services to attract, retain, and expand businesses in the county and promote economic development.
Total revenues
$5,105,140
2023
Total expenses
$4,765,863
2023
Total assets
$6,894,343
2023
Num. employees
25
2023

Program areas at Prince George's County Economic Development Corporation

The purpose of the Prince George's County Economic Development Corporation's (edc)community outreach program is to inform and educate the business community on various programs, incentives, and assistance available in Prince George's County for the purpose of business attraction, expansion, and retention.
Edc's international department promotes business expansion, attraction and retention of Prince George's County companies doing business internationally. The edc is focused on expanding and growing exports from County's businesses through outreach, connecting businesses with resources to explore foreign markets and increase exporting capacity, and supporting trade missions to target global markets. In addition, edc's focus includes expanding and growing County's businesses through the attraction of foreign direct investment by hosting foreign business, matchmaking, serving as a soft landing for foreign companies and promoting Prince georges County as the best place for international business.
The purpose of the edc's business Development program is to facilitate the Economic growth and Development of Prince George's County.
Edc provides small businesses with technical assistance, trainings, and seminars on important topics including business operations, management, finance, marketing, strategic planning, business Development, and human resources. Small businesses are also connected with resource partners, procurement opportunities, and guidance on federal, state, and local incentives and workforce programs.

Who funds Prince George's County Economic Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
TD Charitable FoundationThe Step Forward$10,000

Personnel at Prince George's County Economic Development Corporation

NameTitleCompensation
David S IannucciPresident and Chief Executive Officer$212,051
Lori C ValentineVice President of Policy and Public Re$135,081
Ramsey KoojoController$137,763
Kerry WatsonSecretary$0
Marva Jo CampVice Chairman$0
...and 10 more key personnel

Financials for Prince George's County Economic Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$299,122
Program services$4,801,176
Investment income and dividends$4,842
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,105,140

Form 990s for Prince George's County Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-16990View PDF
2022-062023-03-30990View PDF
2021-062022-04-20990View PDF
2020-062021-08-12990View PDF
2019-062021-04-05990View PDF
...and 8 more Form 990s
Data update history
June 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from TD Charitable Foundation
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 14, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
1801 Mccormick Dr 350
Largo, MD 20774
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Prince George's County, MD
Website URL
pgcedc.com/ 
Phone
(301) 583-4650
Facebook page
PGCEDC 
Twitter profile
@expandpgc 
IRS details
EIN
52-1298515
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Prince George's County Economic Development Corporation has new information, or want to find more organizations like Prince George's County Economic Development Corporation?

Create free Cause IQ account