Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990 - ORGANIZATION'S 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. |
| FORM 990, PAGE 2, PART III, LINE 4A | 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. ADDITIONALY, 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. |
| FORM 990, PART V | QUESTION 2A THE ST. PETERSBURG AREA CHAMBER OF COMMERCE ENTERED INTO AN AGREEMENT WITH THE GREATER ST. PETERSBURG AREA ECONOMIC DEVELOPMENT CORPORATION, INC. (EDC) TO PROVIDE LEASED PROPERTY AND FACILITIES, LEASED EMPLOYEES, OTHER SERVICES, AND IN-KIND DONATIONS. THEREFORE, EMPLOYEES OF THE EDC ARE INCLUDED IN THE W-3 OF THE ST. PETERSBURG AREA CHAMBER OF COMMERCE. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 WILL BE PRESENTED TO THE BOARD FOR REVIEW BEFORE FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | EACH YEAR, ALL BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY FORM ACCEPTING THE TERMS. ANY ISSUES ARISING FROM INFRACTIONS TO THE POLICY ARE ELEVATED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND ENFORCEMENT. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE GOVERNING DOCUMENTS HAVE DESIGNATED A COMPENSATION COMMITTEE WHICH SHALL RECOMMEND AN OVERALL COMPENSATION PHILOSOPHY FOR THE EDC CONSISTENT WITH THE EDCS NONPROFIT PUBLIC BENEFIT STATUS AND OVERALL MISSION, RECOMMEND APPROPRIATE BASE AND PERFORMANCE COMPENSATION RANGES FOR COMPENSATED OFFICERS, AND ENSURE THAT THE COMPENSATION STRUCTURE OF THE EDC ESTABLISHES APPROPRIATE PERFORMANCE TARGETS FOR SENIOR MANAGEMENT AND EMPLOYEES GENERALLY. |
| FORM 990, PAGE 6, PART VI, LINE 15B | THE GOVERNING DOCUMENTS HAVE DESIGNATED A COMPENSATION COMMITTEE WHICH SHALL RECOMMEND AN OVERALL COMPENSATION PHILOSOPHY FOR THE EDC CONSISTENT WITH THE EDCS NONPROFIT PUBLIC BENEFIT STATUS AND OVERALL MISSION, RECOMMEND APPROPRIATE BASE AND PERFORMANCE COMPENSATION RANGES FOR COMPENSATED OFFICERS, AND ENSURE THAT THE COMPENSATION STRUCTURE OF THE EDC ESTABLISHES APPROPRIATE PERFORMANCE TARGETS FOR SENIOR MANAGEMENT AND EMPLOYEES GENERALLY. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. |
| Software ID: | |
| Software Version: |