{"success":true,"data":{"_id":311131825,"filings":[{"Organization":{"value":null,"Person":["ANDY MALETTA","CINDY ADMAVE","BRANDIE BELSTRA","DAN BOTICH","KEVIN COMERFORD","KEN ELWOOD","MATT HARRIS","LISA KIGER","JON MCGINTY","MIKE MICKA","JUSTIN MOUNT","RACHEL MULLINS","RALPH MUNDT","SANDY OLIVER","BILL RATHJEN","TONY SHIELDS","ACO SIKOSKI","MICHAEL STEPHENS","CALEB WALMA","LORELEI WEIMER"],"Title":["PRESIDENT","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","TREASURER","VICE PRESIDE","BOARD MEMBER","BOARD MEMBER","SECRETARY","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER"],"Hours":[40.0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Total Compensation":[7692,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[7692,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Pedco serves as a marketer/promoter for portage, indiana to outside businesses and as a partner in strengthening existing businesses. through investments from community businesses and the city of portage, pedco's mission is to attract new businesses and enhance the quality of life","year":2021,"name":"PORTAGE ECONOMIC DEVELOPMENT CORPORATION","phone":2197629761,"website":"WWW.PORTAGEIN.ORG","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":"ANDY MALETTA","year_formation":1985,"state_legal_domicile":"IN","total_volunteers":null,"tax_period_begin":"2021-01-01T00:00:00","tax_period_end":"2021-12-31T00:00:00","address":"6100 SOUTHPORT ROAD, PORTAGE, IN, 46368, USA","city":"PORTAGE","state":"IN","country":"USA","zip_code":46368},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":17,"Number of independent voting members":17,"Number of employees total":2,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":2,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":107229,"Contributions":{"value":95579,"Other contributions":95579,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":11650,"Other total":11650,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":0,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":93445,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":53825,"Current officers":7692,"Disqualified persons":42308,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":3825},"Other expenses":{"value":39620,"Management services":0,"Legal":0,"Accounting":600,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":3000,"Office expenses":1183,"Information technology":3056,"Royalties":0,"Occupancy":3600,"Travel":0,"Conferences and meetings":90,"Interest":39,"Payments to affiliates":0,"Depreciation and depletion":755,"Insurance":3032,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":24175,"OUTREACH":19317,"EVENTS":2177,"PAYROLL SERVICE":2071,"MEMBERSHIP EXPENSES":610},"All other expenses":90},"Functional Expenses":{"value":null,"Program Service Expenses":80403,"Management And General Expenses":13042,"Fundraising Expenses":0}},"Assets":{"value":127352,"Non-interest bearing cash":119434,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":7918,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":127352,"Net assets without donor restriction":127352,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8604312697308577,"percentile":0.7093351485906245},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.1285473146257076,"percentile":0.6687076941450623},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":1.3628551554390282,"percentile":0.5114554432175034},"Officer Compensation Ratio":{"score":0.08231580073840226,"percentile":0.6153431398644329},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.7513482256121751,"percentile":0.9183714527467196}},"source_xml":"202211339349303191_public.xml"},{"Organization":{"value":null,"Person":["ANDY MALETTA","CINDY ADMAVE","BRANDIE BELSTRA","DAN BOTICH","KEVIN COMERFORD","MATT HARRIS","RYAN KELLY","LISA KIGER","CHRISTINE LIVINGSTON","JUSTIN MOUNT","RALPH MUNDT","DERRICK NAEGLER","BRYCE PICKERING","BILL RATHJEN","TONY SHIELDS","ACO SIKOSKI","DR MICHAEL STEPHENS","RAEANN TRAKAS","ALAN WHIPPS"],"Title":["EXECUTIVE DI","SECRETARY","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","TREASURER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","PRESIDENT","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","VICE PRESIDE","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER"],"Hours":[50.0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Total Compensation":[97700,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[97700,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Pedco serves as a marketer/promoter for portage, indiana to outside businesses and as a partner in strengthening existing businesses. through investments from community businesses and the city of portage, pedco's mission is to attract new businesses and enhance the quality of life","year":2024,"name":"PORTAGE ECONOMIC DEVELOPMENT CORPORATION","phone":2197629761,"website":"WWW.PORTAGEIN.ORG","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":"ANDY MALETTA","year_formation":1985,"state_legal_domicile":"IN","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"6100 SOUTHPORT ROAD, PORTAGE, IN, 46368, USA","city":"PORTAGE","state":"IN","country":"USA","zip_code":46368},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":18,"Number of independent voting members":18,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":126588,"Contributions":{"value":120050,"Other contributions":120050,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":3757,"Investment income total":3757,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":2781,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":2781,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":124134,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":105174,"Current officers":97700,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":7474},"Other expenses":{"value":18960,"Management services":0,"Legal":0,"Accounting":700,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":3300,"Office expenses":3636,"Information technology":4003,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":526,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":756,"Insurance":2646,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":3393,"PAYROLL SERVICE":2898,"DONATIONS":273,"DUES & SUBSCRIPTIONS":222},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":114090,"Management And General Expenses":10044,"Fundraising Expenses":0}},"Assets":{"value":124437,"Non-interest bearing cash":65029,"Savings and temp cash investments":53757,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":5651,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":124437,"Net assets without donor restriction":124437,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9190874377688627,"percentile":0.8007536271579677},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.019385723765285807,"percentile":0.4506671416654727},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":1.0024409106288366,"percentile":0.42442826860922195},"Officer Compensation Ratio":{"score":0.787052701113313,"percentile":0.02267005348350978},"Program Expense Growth":{"score":0.10613399398196567,"percentile":0.6875615359369872},"Revenue Growth":{"score":0.042447046305790694,"percentile":0.5734432931272889},"Asset Growth":{"score":-0.015388867829163507,"percentile":0.2614402100242036},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6525227360285405,"percentile":0.747781519935573}},"source_xml":"202521299349303632_public.xml"},{"Organization":{"value":null,"Person":["ANDY MALETTA","CINDY ADMAVE","BRANDIE BELSTRA","DAN BOTICH","KEVIN COMERFORD","ASHLEY DICKINSON","KEN ELWOOD","DAVID HALL","MATT HARRIS","LISA KIGER","JON MCGINTY","MIKE MICKA","JUSTIN MOUNT","RALPH MUNDT","BILL RATHJEN","TONY SHIELDS","ACO SIKOSKI","MICHAEL STEPHENS","CALEB WALMA","LORELEI WEIMER"],"Title":["EXECUTIVE DI","SECRETARY","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","VICE PRESIDE","BOARD MEMBER","BOARD MEMBER","TREASURER","PRESIDENT","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER"],"Hours":[40.0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Total Compensation":[86346,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[86346,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Pedco serves as a marketer/promoter for portage, indiana to outside businesses and as a partner in strengthening existing businesses. through investments from community businesses and the city of portage, pedco's mission is to attract new businesses and enhance the quality of life","year":2022,"name":"PORTAGE ECONOMIC DEVELOPMENT CORPORATION","phone":2197629761,"website":"WWW.PORTAGEIN.ORG","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":"ANDY MALETTA","year_formation":1985,"state_legal_domicile":"IN","total_volunteers":null,"tax_period_begin":"2022-01-01T00:00:00","tax_period_end":"2022-12-31T00:00:00","address":"6100 SOUTHPORT ROAD, PORTAGE, IN, 46368, USA","city":"PORTAGE","state":"IN","country":"USA","zip_code":46368},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":19,"Number of independent voting members":19,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":120477,"Contributions":{"value":120945,"Other contributions":120945,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":-468,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":-468,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":115105,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":93034,"Current officers":86346,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":6688},"Other expenses":{"value":22071,"Management services":0,"Legal":0,"Accounting":600,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":3000,"Office expenses":3244,"Information technology":3128,"Royalties":0,"Occupancy":3600,"Travel":0,"Conferences and meetings":0,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":756,"Insurance":2446,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":5297,"PAYROLL SERVICE":2771,"EVENTS":2210,"OUTREACH":314,"BANK FEES":2},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":101852,"Management And General Expenses":13253,"Fundraising Expenses":0}},"Assets":{"value":132724,"Non-interest bearing cash":125562,"Savings and temp cash investments":0,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":7162,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":132724,"Net assets without donor restriction":132724,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8848616480604665,"percentile":0.7468815705734978},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.04458942370742963,"percentile":0.5126909667414559},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":1.1530689370574692,"percentile":0.46412061292668794},"Officer Compensation Ratio":{"score":0.7501498631684115,"percentile":0.025638971901499698},"Program Expense Growth":{"score":null,"percentile":null},"Revenue Growth":{"score":null,"percentile":null},"Asset Growth":{"score":null,"percentile":null},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6828887427352943,"percentile":0.8172465989105234}},"source_xml":"202301329349303340_public.xml"},{"Organization":{"value":null,"Person":["ANDY MALETTA","CINDY ADMAVE","BRANDIE BELSTRA","DAN BOTICH","KEVIN COMERFORD","MATT HARRIS","RYAN KELLY","LISA KIGER","JUSTIN MOUNT","RALPH MUNDT","DERRICK NAEGLER","BRYCE PICKERING","BILL RATHJEN","TONY SHIELDS","ACO SIKOSKI","MICHAEL STEPHENS","RAEANN TRAKIS","LORELEI WEIMER","ALAN WHIPPS"],"Title":["EXECUTIVE DI","SECRETARY","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","TREASURER","BOARD MEMBER","BOARD MEMBER","PRESIDENT","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","VICE PRESIDE","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER"],"Hours":[40.0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Total Compensation":[95000,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[95000,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Pedco serves as a marketer/promoter for portage, indiana to outside businesses and as a partner in strengthening existing businesses. through investments from community businesses and the city of portage, pedco's mission is to attract new businesses and enhance the quality of life","year":2023,"name":"PORTAGE ECONOMIC DEVELOPMENT CORPORATION","phone":2197629761,"website":"WWW.PORTAGEIN.ORG","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":"ANDY MALETTA","year_formation":1985,"state_legal_domicile":"IN","total_volunteers":null,"tax_period_begin":"2023-01-01T00:00:00","tax_period_end":"2023-12-31T00:00:00","address":"6100 SOUTHPORT ROAD, PORTAGE, IN, 46368, USA","city":"PORTAGE","state":"IN","country":"USA","zip_code":46368},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":19,"Number of independent voting members":19,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":111868,"Contributions":{"value":112927,"Other contributions":112927,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":0,"Investment income total":0,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":-1059,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":-1059,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":122609,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":102268,"Current officers":95000,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":7268},"Other expenses":{"value":20341,"Management services":0,"Legal":0,"Accounting":600,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":3000,"Office expenses":1372,"Information technology":3258,"Royalties":0,"Occupancy":4217,"Travel":0,"Conferences and meetings":730,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":755,"Insurance":2517,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":3892,"PAYROLL SERVICE":3644,"DUES & SUBSCRIPTIONS":248},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":108106,"Management And General Expenses":14503,"Fundraising Expenses":0}},"Assets":{"value":121983,"Non-interest bearing cash":65576,"Savings and temp cash investments":50000,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":6407,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":121983,"Net assets without donor restriction":121983,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.8817134141865606,"percentile":0.7419872233813732},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":-0.09601494618657704,"percentile":0.22724881737729327},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":0.9948943389147615,"percentile":0.4220933059486175},"Officer Compensation Ratio":{"score":0.7748207717214887,"percentile":0.023572108479072762},"Program Expense Growth":{"score":0.14311322801615917,"percentile":0.7465216396558357},"Revenue Growth":{"score":0.02049185155518385,"percentile":0.46718662116644843},"Asset Growth":{"score":-0.021079205044247092,"percentile":0.2422374283922377},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.5949220055427535,"percentile":0.5905381647765782}},"source_xml":"202431349349301728_public.xml"}],"Latest":{"Organization":{"value":null,"Person":["ANDY MALETTA","CINDY ADMAVE","BRANDIE BELSTRA","DAN BOTICH","KEVIN COMERFORD","MATT HARRIS","RYAN KELLY","LISA KIGER","CHRISTINE LIVINGSTON","JUSTIN MOUNT","RALPH MUNDT","DERRICK NAEGLER","BRYCE PICKERING","BILL RATHJEN","TONY SHIELDS","ACO SIKOSKI","DR MICHAEL STEPHENS","RAEANN TRAKAS","ALAN WHIPPS"],"Title":["EXECUTIVE DI","SECRETARY","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","TREASURER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","PRESIDENT","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","VICE PRESIDE","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER","BOARD MEMBER"],"Hours":[50.0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Total Compensation":[97700,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Direct compensation":[97700,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0],"Other compensation":[0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0,0]},"Basic":{"value":null,"mission":"Pedco serves as a marketer/promoter for portage, indiana to outside businesses and as a partner in strengthening existing businesses. through investments from community businesses and the city of portage, pedco's mission is to attract new businesses and enhance the quality of life","year":2024,"name":"PORTAGE ECONOMIC DEVELOPMENT CORPORATION","phone":2197629761,"website":"WWW.PORTAGEIN.ORG","type":"990","affiliation":null,"foreign_countries":["India"],"principal_officer":"ANDY MALETTA","year_formation":1985,"state_legal_domicile":"IN","total_volunteers":null,"tax_period_begin":"2024-01-01T00:00:00","tax_period_end":"2024-12-31T00:00:00","address":"6100 SOUTHPORT ROAD, PORTAGE, IN, 46368, USA","city":"PORTAGE","state":"IN","country":"USA","zip_code":46368},"Governance":{"value":null,"501c3 determination":true,"501c determination":false,"Number of voting members":18,"Number of independent voting members":18,"Number of employees total":1,"Total Gross UBI":0,"Net unrelated business taxable income":null,"Number of employees":1,"Prohibited tax shelter transactions":true,"Taxable party notification":true,"Funds to pay premiums":false,"Premiums Paid":false,"Family or business relationship":true,"Delegation of management duties":true,"Conflict of interest policy":true,"Whistle blower policy":true,"Compensation process for CEO":true,"Compensation process for other employees":true,"Changes to organizing documents":true,"Material diversion or misuse":true,"Members or stockholders":true,"Election of board members":true,"Decisions subject to approval":true,"Minutes of governing body":true,"Local chapters":true,"Form 990 provided to governing body":true,"Document retention policy":true,"Investment in joint venture":true,"Independent audit financial statements":true,"Consolidated audit financial statements":true,"Accountant compile or review":true,"Political activities":true,"Donor advised funds":true,"Conservation easements":true,"Collections of art":true,"School":true,"Hospital":true,"Foreign activities":true,"Foreign office":true,"Gaming":true,"Fundraising activities":true,"Professional fundraising":true,"Loan to officer or DQP":true,"Grant to related person":true,"Business relationship through family member":true,"Business relationship with organization":true},"Revenues":{"value":126588,"Contributions":{"value":120050,"Other contributions":120050,"Contributions from gifts and grants":0,"Fundraising revenue":0,"Dues":0,"Campaigns":0,"Grant revenue":0,"Related organizations":0},"Program revenue":{"value":0,"Total revenue":0,"Total other revenue":0,"Unrelated business revenue":0},"Investment income":{"value":3757,"Investment income total":3757,"Net investment gain":0,"Income from invest bond proceeds":0},"Other revenues":{"value":2781,"Other total":0,"Royalties revenue":0,"Net rental income":0,"Net income from fundraising events":2781,"Net income from gaming":0,"Net income":0,"Gross profit from sales of inventory":0,"Gain from sale of assets":0}},"Expenses":{"value":124134,"Grant expense":{"value":0,"Grants to domestic orgs":0,"Grants to domestic individuals":0,"Grants and similar":0,"Foreign grants":0},"Total professional fundraising expense":{"value":0,"Fundraising professional":0,"Fees to independent contractors":0},"Benefits paid to members":{"value":0,"Benefits paid to members Total":0},"Salaries":{"value":105174,"Current officers":97700,"Disqualified persons":0,"Other salaries and wages":0,"Pension plan contributions":0,"Other employee benefits":0,"Payroll taxes":7474},"Other expenses":{"value":18960,"Management services":0,"Legal":0,"Accounting":700,"Lobbying services":0,"Investment management fees":0,"Other services":0,"Advertising":3300,"Office expenses":3636,"Information technology":4003,"Royalties":0,"Occupancy":0,"Travel":0,"Conferences and meetings":526,"Interest":0,"Payments to affiliates":0,"Depreciation and depletion":756,"Insurance":2646,"Travel entertainment public officials":0,"Travel entertainment payments":0,"Printing, publications, postage":0,"Itemized Expenses":{"value":3393,"PAYROLL SERVICE":2898,"DONATIONS":273,"DUES & SUBSCRIPTIONS":222},"All other expenses":0},"Functional Expenses":{"value":null,"Program Service Expenses":114090,"Management And General Expenses":10044,"Fundraising Expenses":0}},"Assets":{"value":124437,"Non-interest bearing cash":65029,"Savings and temp cash investments":53757,"Pledges and grants receivable":0,"Accounts receivable":0,"Receivables from officers":0,"Receivables from disqual persons":0,"Other net note and loans":0,"Inventories for sale or use":0,"Prepaid expenses deferred charges":0,"Land, building, equipment":5651,"Investments publicly traded":0,"Investments other":0,"Investments program related":0,"Intangible assets":0,"Other assets":0},"Liabilities":{"value":0,"Sum of Total Liabilities":0,"Accounts payable, accrued":0,"Grants payable":0,"Deferred, revenue":0,"Tax exempt bond liabilities":0,"Escrow account liability":0,"Loans from officers, directors":0,"Secured mortgages and notes payable":0,"Unsecured notes loans payable":0,"Other liabilities":0},"Fund balance":{"value":124437,"Net assets without donor restriction":124437,"Net assets with donor restriction":0,"Unrestricted net assets":0,"Temporarily restricted net assets":0,"Permanently restricted net assets":0},"Ratings":{"Program Expense Ratio":{"score":0.9190874377688627,"percentile":0.8007536271579677},"Fundraising Efficiency":{"score":null,"percentile":null},"Operating Margin":{"score":0.019385723765285807,"percentile":0.4506671416654727},"Liabilities to Assets Ratio":{"score":0.0,"percentile":0.9977938754541298},"Operating Reserve Ratio":{"score":1.0024409106288366,"percentile":0.42442826860922195},"Officer Compensation Ratio":{"score":0.787052701113313,"percentile":0.02267005348350978},"Program Expense Growth":{"score":0.10613399398196567,"percentile":0.6875615359369872},"Revenue Growth":{"score":0.042447046305790694,"percentile":0.5734432931272889},"Asset Growth":{"score":-0.015388867829163507,"percentile":0.2614402100242036},"Independent Voting Board Pct":{"score":1.0,"percentile":0.9933392423419786},"Governance Policy Score":{"score":6.0,"percentile":1.0},"Overall Score":{"score":0.6525227360285405,"percentile":0.747781519935573}},"source_xml":"202521299349303632_public.xml"},"sector":"","donation_categories":[],"zakat_policy":null},"error":null}