Progress Trust Inc.
Progress Trust Inc.
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About this organization
Mission
Economic development
About
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 Philadelphia.
Interesting data from their 2019 990 filing
The purpose of the non-profit is outlined in the filing as “Economic development”.
When discussing its operations, they were defined as: “Economic development”.
- The state where the non-profit operates has been legally reported as PA.
- The filing indicates that the non-profit's address in 2019 is located at 709 Bullock Avenue, Yeadon, PA, 19038.
- The non-profit has reported 0 employees on their form as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$189,455.
- The CEO compensation structure within the organization is not based on a review and approval from an impartial entity.
- The organization has 6 independent voting members.
- The organization was formed in 1999.
- The organization is required to file Schedule O.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.