Program areas at PEDCO
Assist the city of Pueblo in locating new primary jobs to Pueblo, the facilities for which are funded by the city's 1/2 cent sales tax fund. Recruitment of primary jobs is funded by grants from the city of Pueblo, Pueblo county, and by members dues.
Pedco provides facilities management. It operates an incubator facility funded by a department of commerce eda grant to provide new businesses with temporary facilities and support services. Pedco also manages for the city of Pueblo and Pueblo county various buildings and leases that are facilities for employers moving to Pueblo that have created primary jobs. The facilities are typically funded from the city's 1/2 cent sales tax fund with oversite by the pedco foundation inc., a related organization, or by Pueblo Economic Development foundation, another tax exempt entity. This activity is further subsidized from members dues revenue.
Personnel at PEDCO
| Name | Title | Compensation | Date of data |
|---|
| Jeffrey C. Shaw | President and Chief Executive Officer | | 2024-10-15 |
| Margaret Gaillard | Vice President - Operations | | 2024-10-15 |
| Scott Robb | Chairman | $0 | 2024-10-15 |
| Bob Leach | Board Member | $0 | 2024-10-15 |
| Dominic Gallina | Chair | $0 | 2024-10-15 |
| ...and 3 more key personnel |
Financials for PEDCO
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $701,726 | $658,345 | 6.6% |
| Program services | $299,815 | $356,781 | -16% |
| Investment income and dividends | $571 | $2,792 | -79.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,002,112 | $1,017,918 | -1.6% |
Organizations like PEDCO
| Organization | Type | Location | Revenue |
|---|
| Humboldt County Development Assoc | 501(c)(6) | Humboldt, IA | $271,779 |
| Greater New Orleans | 501(c)(6) | New Orleans, LA | $4,756,637 |
| Montana West Economic Development | 501(c)(6) | Kalispell, MT | $935,601 |
| York County Economic Alliance | 501(c)(6) | York, PA | $3,255,423 |
| Adams County Economic Development Corporation | 501(c)(6) | Gettysburg, PA | $545,277 |
| Energy Capital Economic Development | 501(c)(6) | Gillette, WY | $699,902 |
| 1berkshire Strategic Alliance | 501(c)(6) | Pittsfield, MA | $2,210,893 |
| Central Virginia Partnership for Economic Development | 501(c)(6) | Charlottesville, VA | $2,558,137 |
| Economic Development Company of Lancaster County (EDC) | 501(c)(6) | Lancaster, PA | $1,595,635 |
| Kitsap Economic Development Alliance | 501(c)(6) | Silverdale, WA | $896,333 |
Data update history
October 15, 2024
Updated personnel
Identified 11 new personnel
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelReceives government funding
General information
- Address
- 301 N Main St 200
- Pueblo, CO 81003
- Metro area
- Pueblo, CO
- County
- Pueblo County, CO
- Website URL
- pedco.org/
- Phone
- (719) 544-2000
- Facebook page
- PuebloEconomicDevelopmentCorp
- Twitter profile
- @puebloecondev
IRS details
- EIN
- 84-0857804
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1981
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S30: Economic Development
- NAICS code, primary
- 926110: Economic Development Corporations and Economic Program Organizations
- Parent/child status
- Central organization
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