Spedd Inc.
Spedd Inc.
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About this organization
Revenue
$3,968,195
Expenses
$3,008,730
Mission
To increase employment opportunities and improve deteriorating neighborhoods in Western Pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.
About
Assist small businesses throughout the region with the creation and retention of jobs through programs which provide them with management assistance, executive recruitment, beneficial below-market leasing structures, business to business networking and procurement of both private and public funding. Spedd currently operates ten facilities housing more than fifty business tenants.
Interesting data from their 2020 990 filing
The non-profit's mission, as described in the filing, is “To increase employment opportunities and improve deteriorating neighborhoods in western pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.”.
When describing its duties, they were characterized as: “To increase employment opportunities and improve deteriorating neighborhoods in western pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.”.
- The non-profit has complied with legal regulations by reporting their state of operation as PA.
- The filing shows that the non-profit's address as of 2020 is 1129 INDUSTRIAL PARK RD, VANDERGRIFT, PA, 15690.
- As of 2020, the non-profit has reported a total of 6 employees on their form.
- The non-profit has loans outstanding as of 2020.
- 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 greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $959,465.
- The compensation of the CEO of the organization is subject to review and approval by an independent body.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 1 independent voting members.
- The organization was formed in 1967.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $459,394 in salary, compensation, and benefits to its employees.
- The organization pays $23,269 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.