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EIN 23-3017662

Progress Trust

IRS 501(c) type
501(c)(3)
Num. employees
2
City
Philadelphia
State
Pennsylvania
Year formed
1999
Most recent tax filings
2024-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
The Progress Trust serves as an economic development engine, revitalizing the Progress plaza property and providing greater social and economic empowerment to Philadelphia residents.
Total revenues
$766,630
2024
Total expenses
$882,319
2024
Total assets
$8,504,906
2024
Num. employees
2
2024

Program areas at Progress Trust

Our mission is to serve as an economic development engine that will revitalize the Progress plaza property, providing greater social and economic empowerment to the residents of phladelphia.

Personnel at Progress Trust

NameTitleCompensation
Wendell R. WhitlockPresident and Chief Executive Officer$15,000
Jewell Antoine-JohnsonVice President and Chief Administrative Officer$0
Anthony JohnsonBD Member and Director Operations$0
Lawrence S. Spruel, Jr.Vice President and Treasurer$5,250
Cynthia FullenwellenSecretary / Board Member$25,194
...and 6 more key personnel

Financials for Progress Trust

RevenuesFYE 06/2024
Total grants, contributions, etc.$0
Program services$12,846
Investment income and dividends$2,548
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$751,236
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$766,630

Form 990s for Progress Trust

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-15990View PDF
2023-062024-08-02990View PDF
2022-062024-04-03990View PDF
2021-062022-05-14990View PDF
2020-062021-05-11990View PDF
...and 10 more Form 990s
Data update history
September 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 2, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Business and community development organizationsReal estate organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
1501 N Broad St
Philadelphia, PA 19122
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
progressplaza.com/about-us/progress-trust/ 
Phone
(215) 232-7070
IRS details
EIN
23-3017662
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
5313: Real Estate Services
Parent/child status
Central organization
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