AI Summary
The Parkersburg Wood County Area Development Corporation (EIN: 31-0965347) is dedicated to community improvement by providing local businesses with access to low-interest loans through partnerships with the West Virginia Economic Development Authority and local banks. With an operating budget of $360K and total revenue of $430.7K for the filing year 2025, the organization does not rely on a single funder for more than 50% of its revenue. Although the specific details of its funding sources are not disclosed, the organization plays a crucial role in supporting economic development in the Parkersburg and Wood County area.
Mission Statement
TO PROVIDE AREA BUSINESSES WITH THE OPPORTUNITY TO DEVELOP THROUGH A LOW INTEREST LOAN PROGRAM INVOLVING THE WV ECONOMIC DEVELOPMENT AUTHORITY, LOCAL BANKS AND PWCADC
Cause Areas
1
Community improvement
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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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Funder
Total Funding
Funding Share
THE ROSS FOUNDATION INC
Parkersburg, WV, US
$577.5K
18%
Camden-Clark Memorial Hospital Corporation
Parkersburg, WV, US
$26.5K
62%
Frequently Asked Questions
What is PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION’s budget?
In 2025, PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION reported an annual operating budget of around $360 thousand. More detailed financial information is available to registered users.
What causes does PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION support?
PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION supports work in Community improvement.
Where does PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION operate?
PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION is headquartered in Parkersburg, WV.
Who funded PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION recently?
In 2017, PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION received grants from Camden-Clark Memorial Hospital Corporation, Camden-Clark Memorial Hospital Corporation, and THE ROSS FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION received in 2017?
The largest grant to PARKERSBURG WOOD COUNTY AREA DEVELOPMENT CORPORATION in 2017 exceeds $11 thousand.