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Nonprofit · EIN 81-2129283

GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt · ST PETERSBURG, FL 33701

Financials

$643K$647K2023$718K$616K2024
Revenue Expenses · by fiscal year end
Financials of GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$718,122$615,559$102,563$700,968$22,275$678,693
December 31, 2023990$642,916$646,520-$3,604$594,299$18,169$576,130
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$175,000
of which government grants
$150,000
Program service revenue
$521,500
Investment income
$21,622
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$195,062
Other salaries and wages
$190,351
Salaries, compensation and benefits (total)
$427,009
Professional fundraising fees
$0
Occupancy
$36,000
Travel
$391
Depreciation
$2,449

Balance sheet and other

Total assets, start of year
$594,299
Total assets, end of year
$700,968
Total liabilities, end of year
$22,275
Net assets, end of year
$678,693
Land, buildings and equipment
$2,731
Net assets without donor restrictions
$678,693
Gross receipts
$718,122
Employees
7
Volunteers
25
Year formed
2016
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL SWESEYPRESIDENT & CEO
Officer
40$188,600$6,462
BILL KENTCHAIR
Trustee or director, Officer
1$0$0
DANIELLE RUIZVICE CHAIR OF STRATEGIC PLANNING
Trustee or director, Officer
1$0$0
MARCUS GREENEIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
JOHN MOORECHAIR-ELECT
Trustee or director, Officer
1$0$0
MORGAN HOLMESSECRETARY
Trustee or director, Officer
1$0$0
NICK HESSTREASURER
Trustee or director, Officer
1$0$0
KEN WELCHMAYOR OF CITY OF ST. PETERSBURG
Trustee or director
1$0$0
BOB WARCOLAGENERAL COUNSEL
Trustee or director
1$0$0
CHRIS STEINOCHERGOVERNOR
Trustee or director
1$0$0
BRIAN AULDGOVERNOR
Trustee or director
1$0$0
SANDRA BRAHAMGOVERNOR
Trustee or director
1$0$0
BRIAN CAPERGOVERNOR
Trustee or director
1$0$0
CHUCK CATANESEGOVERNOR
Trustee or director
1$0$0
JAMES CORBETTGOVERNOR
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
KATHY GILETTEGOVERNOR
Trustee or director
1$0
RYAN GRIFFINGOVERNOR
Trustee or director
1$0
JASON JENSENGOVERNOR
Trustee or director
1$0
OWEN LAFAVEGOVERNOR
Trustee or director
1$0
IWAN MOHAMEDGOVERNOR
Trustee or director
1$0
JACKIE SKYRDGOVERNOR
Trustee or director
1$0
SCOTT SMITHGOVERNOR
Trustee or director
1$0
JASON SPEARSGOVERNOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationOther / benefits
JP DUBUQUEPRESIDENT & CEO THROUGH APRIL 2023
Officer
40$74,454$13,082
MICHAEL SWESEYPRESIDENT & CEO STARTING MAY 2023
Officer
40$48,589$0
MARCUS GREENECHAIR
Trustee or director, Officer
1$0$0
BILL KENTVICE CHAIR
Trustee or director, Officer
1$0$0
DANIELLE RUIZIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
JOHN MOORESECRETARY/TREASURER
Trustee or director, Officer
1$0$0
BOB WARCHOLAGENERAL COUNCIL
Trustee or director
1$0$0
KEN WELCHMAYOR OF CITY OF ST. PETE
Trustee or director
1$0$0
CHRIS STEINOCHERGOVERNOR
Trustee or director
1$0$0
BRIAN AULDGOVERNOR
Trustee or director
1$0$0
SANDRA BRAHAMGOVERNOR
Trustee or director
1$0$0
JAMES CORBETTGOVERNOR
Trustee or director
1$0$0
CHUCK CATANESEGOVERNOR
Trustee or director
1$0$0
RYAN GRIFFINGOVERNOR
Trustee or director
1$0$0
KATHY GILLETTEGOVERNOR
Trustee or director
1$0$0
JASON JENSENGOVERNOR
Trustee or director
1$0$0
GREG HOLDENGOVERNOR
Trustee or director
1$0$0
MORGAN HOLMESGOVERNOR
Trustee or director
1$0$0
JASON MATHISGOVERNOR
Trustee or director
1$0$0
ANNE MCMULLENGOVERNOR
Trustee or director
1$0$0
TONJUA WILLIAMSGOVERNOR
Trustee or director
1$0$0
NICK HESSGOVERNOR
Trustee or director
1$0$0
JIM DONATELLIGOVERNOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
100 2ND AVE N STE 130, ST PETERSBURG, FL 33701-3337
In care of
% CHRIS STEINOCHER
Principal officer (990 for 2024)
MICHAEL SWESEY, 100 2ND AVE N, ST PETERSBURG, FL 33701
Signed the 990
MICHAEL SWESEY, PRESIDENT & CEO
Phone
(727) 388-2912
Return prepared by
RIVERO GORDIMER & COMPANY PA

Mission

THE GREATER ST. PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION("EDC") IS THE "STORYTELLER IN CHIEF" FOR ST. PETERSBURG AS A BUSINESS AND CAREER LOCATION. WE CONNECT BUSINESSES WITH THE PEOPLE AND PROGRAMS THAT WILL HELP THEM GROW.

990 for the year ended December 31, 2024

Program accomplishments

  • THE EDC IS ORGANIZED TO ACHIEVE ADVANCEMENT AND SUPPORT THE RECRUITMENT, FORMATION, EXPANSION AND RETENTION OF QUALITY JOBS AND COMPETITIVE BUSINESSES THAT WILL FOSTER AND MAINTAIN A DIVERSIFIED, YEAR-ROUND AND SUSTAINABLE ECONOMY PRIMARILY FOR ST. PETERSBURG AND SURROUNDING CITIES AND COMMUNITIES WITHIN PINELLAS COUNTY.ADDITIONALLY, THE EDC SHALL PROMOTE BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT BY: 1) IMPLEMENTING ECONOMIC DEVELOPMENT PROGRAMS DESIGNED TO STRENGTHEN AND EXPAND THE INCOME POTENTIAL OF ALL EXISTING AND NEW BUSINESSES WITHIN THE TRADE AREA; 2) PROMOTING QUALITY-OF-LIFE PROGRAMS OF A CIVIC, SOCIAL, AND CULTURAL NATURE WHICH ARE DESIGNED TO INCREASE THE FUNCTIONAL AND AESTHETIC VALUES OF THE COMMUNITY AND; 3) DISCOVERING AND CORRECTING ISSUES WHICH PREVENT THE PROMOTION OF BUSINESS EXPANSION AND COMMUNITY GROWTH.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-2129283
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$700,968
Income (IRS master file)
$718,122

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$718,122$615,559$700,968XML
990December 2023$642,916$646,520$594,299XML
990December 2022$713,709$730,198$659,173IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-2129283).

Questions about GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION is 81-2129283.
Is GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2017.
Are donations to GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names MICHAEL SWESEY.
Who are the officers and directors of GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 23 people; 1 received compensation from the organization, the highest $188,600 (MICHAEL SWESEY, PRESIDENT & CEO).
How much revenue does GREATER ST PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $718,122, expenses of $615,559 and total assets of $700,968 at year end.

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