PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATIONPub 78
Pub 78
AI Summary
Philadelphia Industrial Development Corporation is a Philadelphia-based business promotion nonprofit that plans and implements economic development initiatives to enhance the city’s competitive environment, generate jobs, and increase tax ratables. In filing year 2024, it reported an operating budget of $21.9M and total revenue of $28.9M, with top funders including PIDC-FINANCING CORPORATION, United Way of Greater Philadelphia and Southern New Jersey, and PIDC-COMMUNITY CAPITAL.
Mission Statement
PIDC PLANS AND IMPLEMENTS ECONOMIC DEVELOPMENT INITIATIVES WHICH ENHANCE THE COMPETITIVE ENVIRONMENT, GENERATE JOBS AND PRODUCE HIGHER TAX RATABLES THROUGHOUT PHILADELPHIA.
Cause Areas
1
Business promotion
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 6 funders
- 140 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION’s budget?
In 2024, PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION reported an annual operating budget of around $21.9 million. More detailed financial information is available to registered users.
What causes does PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION support?
PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION supports work in Business promotion.
Where does PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION operate?
PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION is headquartered in Philadelphia, PA.
Who funded PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION recently?
In 2024, PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION received grants from United Way of Greater Philadelphia and Southern New Jersey, PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION, and PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION. More information on this organization’s funders is available to registered users.
What is the largest grant PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION received in 2024?
The largest grant to PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION in 2024 exceeds $173 thousand.
What is PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION’s reliance on government grants?
PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION relied on government grants for more than 10% of their total revenue in 2024.