Civic Intelligence

Petersburg Economic Development Council

EIN 47-0864389 • 501(c)4 • Petersburg, AK

Profile

To promote the economic development in the city of petersburg, alaska and surrounding area.

PO Box 750Petersburg, AK 99833

www.petersburgedc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

44th percentile

0.02x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.10x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Net Margin

29th percentile

-1.1%

Higher net margin than 29% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

63rd percentile

$0

Higher top officer pay than 63% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $1M-$5M nonprofits • Source year 2024

Asset Growth

34th percentile

-0.2%

Faster asset growth than 34% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

59%

Faster revenue growth than 83% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$1,773,631

Down $4,317 (-0.2%) from 2023

Liabilities

Down

$27,952

Down $1,124 (-3.9%) from 2023

Net Assets

Down

$1,745,679

Down $3,193 (-0.2%) from 2023

Operations
Liabilities / Revenue57th percentileNet Margin29th percentile

Revenue

Up

$285,229

Up $105,732 (+59%) from 2023

Expenses

Up

$288,422

Up $62,530 (+28%) from 2023

Net Income

Up

-$3,193

Up $43,202 (+93%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $2,153,277Liabilities 2010: $14,978Net Assets 2010: $2,138,2992010Assets 2011: $2,105,826Liabilities 2011: $9,963Net Assets 2011: $2,095,8632011Assets 2012: $2,096,957Liabilities 2012: $4,933Net Assets 2012: $2,092,0242012Assets 2013: $2,051,396Liabilities 2013: $9,647Net Assets 2013: $2,041,7492013Assets 2014: $2,067,371Liabilities 2014: $13,325Net Assets 2014: $2,054,0462014Assets 2015: $2,136,305Liabilities 2015: $5,420Net Assets 2015: $2,130,8852015Assets 2016: $2,109,676Liabilities 2016: $13,403Net Assets 2016: $2,096,2732016Assets 2017: $2,139,054Liabilities 2017: $13,303Net Assets 2017: $2,125,7512017Assets 2018: $2,050,750Liabilities 2018: $20,510Net Assets 2018: $2,030,2402018Assets 2019: $1,905,794Liabilities 2019: $15,166Net Assets 2019: $1,890,6282019Assets 2020: $1,859,626Liabilities 2020: $78,737Net Assets 2020: $1,780,8892020Assets 2021: $1,861,467Liabilities 2021: $19,632Net Assets 2021: $1,841,8352021Assets 2022: $1,820,545Liabilities 2022: $25,278Net Assets 2022: $1,795,2672022Assets 2023: $1,777,948Liabilities 2023: $29,076Net Assets 2023: $1,748,8722023Assets 2024: $1,773,631Liabilities 2024: $27,952Net Assets 2024: $1,745,6792024

Highlighted filing

2024

Assets$1,773,631
Liabilities$27,952
Net Assets$1,745,679
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KExpenses 2010: $90,0322010Expenses 2011: $99,7522011Expenses 2012: $125,3352012Expenses 2013: $106,9042013Revenue 2014: $98,732Expenses 2014: $86,435Net Income 2014: $12,2972014Revenue 2015: $187,663Expenses 2015: $94,636Net Income 2015: $93,0272015Revenue 2016: $16,487Expenses 2016: $48,179Net Income 2016: -$31,6922016Revenue 2017: $96,342Expenses 2017: $66,864Net Income 2017: $29,4782017Revenue 2018: -$55,090Expenses 2018: $40,331Net Income 2018: -$95,4212018Revenue 2019: $153,403Expenses 2019: $293,015Net Income 2019: -$139,6122019Revenue 2020: $266,541Expenses 2020: $376,280Net Income 2020: -$109,7392020Revenue 2021: $306,529Expenses 2021: $245,583Net Income 2021: $60,9462021Revenue 2022: $197,088Expenses 2022: $243,656Net Income 2022: -$46,5682022Revenue 2023: $179,497Expenses 2023: $225,892Net Income 2023: -$46,3952023Revenue 2024: $285,229Expenses 2024: $288,422Net Income 2024: -$3,1932024

Highlighted filing

2024

Revenue$285,229
Expenses$288,422
Net Income-$3,193
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,773,631
Liabilities
$27,952
Net assets
$1,745,679
Revenue
$285,229
Expenses
$288,422
Net income
-$3,193
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.03$1.75$0.29$0.29$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.78$0.03$1.75$0.18$0.23$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.03$1.80$0.20$0.24$0.05
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.86$0.02$1.84$0.31$0.25$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.08$1.78$0.27$0.38$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$0.02$1.89$0.15$0.29$0.14
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.02$2.03$0.06$0.04$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.14$0.01$2.13$0.10$0.07$0.03
2016Detailed filing. Detailed filing data is available for this year.$2.11$0.01$2.10$0.02$0.05$0.03
2015Detailed filing. Detailed filing data is available for this year.$2.14$0.01$2.13$0.19$0.09$0.09
2014Detailed filing. Detailed filing data is available for this year.$2.07$0.01$2.05$0.10$0.09$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.05$0.01$2.04$0.11
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.10$0.00$2.09$0.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.01$2.10$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.01$2.14$0.09
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2020 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 19, 2021
Return Version
2019v5.0
Gross Receipts
$266,541
Mission and Program Overview

Mission

Envisioned future: a vibrant multi-generational small growing town with a core business district, affordable housing, a world class seafood industry, strong entrepreneurial sector, and great activities for its citizens.

To promote and foster economic development within the boundaries of the petersburg, alaska borough.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,536,880$1,479,242▼ $57,638
Cash and Non-Interest-Bearing Accounts$310,499$338,113▲ $27,614
Savings and Temporary Cash Investments$57,028$33,161▼ $23,867
Accounts Receivable-$9,110-
Prepaid Expenses and Deferred Charges$1,387--
Total Assets$1,905,794$1,859,626▼ $46,168
Liabilities
Deferred Revenue-$61,429-
Accounts Payable and Accrued Expenses$15,166$17,308▲ $2,142
Total Liabilities$15,166$78,737▲ $63,571
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,890,628$1,780,889▼ $109,739
Total Net Assets Fund Balance$1,890,628$1,780,889▼ $109,739
Total Liabilities and Net Assets / Fund Balance$1,905,794$1,859,626▼ $46,168

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,458,322$789,501$2,247,823
Equipment$20,920$109,552$130,472
Compensation and Service Providers
Top Officer Pay63rd percentile

Board Members and Trustees

NameTitle
Eric GrundbergBoard Member
Joyce CummingsBoard Member
MEGAN O'NEILBoard Member
Nicholas OhmerBoard Member
Stephen GiesbrechtBoard Member
Casey FlintBoard Presid
Brian LynchBoard Secret
Hillary WhitethornBoard Treasu
Glorianne WollenBoard Vice P

Highest Paid Contractors

ContractorServicesLocationCompensation
Pnd Engineers INCEngineering Svc9360 GLACIER HIGHWAY NO 100, Juneau, AK 99801$115,850
Revenue and Support

Revenue Composition

Contributions and Grants
$128,571
Program Service Revenue
$0
Investment Income
$108
Other Revenue
$137,862
Change in Net Assets
$-109,739
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$278,896
Salaries, Compensation, and Employee Benefits$68,814
Grants and Similar Amounts Paid$28,570
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$128,974--$128,974
Other Salaries and Wages$60,318--$60,318
Depreciation Depletion$57,637--$57,637
Occupancy$47,037--$47,037
Grants to Domestic Orgs$28,570--$28,570
Fees for Services Accounting$10,380$1,822-$12,202
Insurance$6,664$1,601-$8,265
Payroll Taxes$5,495--$5,495
Office Expenses$3,213$1,188-$4,401
Advertising$3,500$238-$3,738
Other Employee Benefits$3,001--$3,001
Travel$1,351--$1,351
Information Technology$900--$900
Other Expenses$1,098$350-$350
Total Functional Expenses$371,081$5,199$0$376,280
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“Form 990, part vi, section a. Governing body and management, line 1a: explanation of broad authority - bylaws allow the executive committee to act with same authority as the full board of directors. Executive committee actions must be brought to the full board at next meeting for approval of the board as a whole.”

Form 990, Page 6, Part VI, Line 9

“LIZ CABRERA”

Form 990, Page 6, Part VI, Line 11B

“Form 990 is provided to the executive committee for review prior to filing. Full board is informed of 990 filing and may request a copy if they choose.”

Form 990, Page 6, Part VI, Line 12C

“New board members sign a conflict of interest policy. Members are asked to disclose conflicts prior to actions.”

Form 990, Page 6, Part VI, Line 19

“Pedc policies are available to the public upon request as either hardcopy or electronic format.”

Filing and Contact Details

Filer

Filer Name
Petersburg Economic Development
EIN
47-0864389
Phone
9077723664
Address
PO BOX 750, PETERSBURG, AK 99833

Signing Officer

Name
Casey Flint
Title
Board President
Phone
9077724042
Signed
2021-04-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Casey Flint
Formed
2001
Legal Domicile
Ak
Voting Board Members
9
Independent Board Members
9
Employees
2
Volunteers
10

Preparer

Firm
Elgee Rehfeld LLC
Address
9309 GLACIER HWY STE B200, JUNEAU, AK 99801-9300
Preparer
Robert L Rehfeld
Phone
9077893178
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Community marketing the pedc, in partnership with the chamber of commerce and the petersburg borough, is implements a community marketing project. Anticipated outcomes include improved tools for local businesses to use to market products, recruit employees, and/or attract visitors”

Form 990, Part IX, Line 11G

“Engineering/design services 125,974 0 0 marketing consultant 3,000 0 0 total 128,974 0 0”

Raw XML Appendix371 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015166
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt017308
IRS990/AccountsReceivableGrp/EOYAmt09110
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROMOTE AND FOSTER ECONOMIC DEVELOPMENT WITHIN THE BOUNDARIES OF THE PETERSBURG, ALASKA BOROUGH.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0238
IRS990/AdvertisingGrp/ProgramServicesAmt03500
IRS990/AdvertisingGrp/TotalAmt03738
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0BOOKKEEPING & PAYROLL SOLUTIONS
IRS990/BooksInCareOfDetail/PhoneNum09077723664
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2084
IRS990/BooksInCareOfDetail/USAddress/CityNm0PETERSBURG
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AK
IRS990/BooksInCareOfDetail/USAddress/ZIPCd099833
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0310499
IRS990/CashNonInterestBearingGrp/EOYAmt0338113
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContractorCompensationGrp/CompensationAmt0115850
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt09360 GLACIER HIGHWAY NO 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0JUNEAU
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0AK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd099801
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PND ENGINEERS INC
IRS990/ContractorCompensationGrp/ServicesDesc0ENGINEERING SVC
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0128571
IRS990/CYGrantsAndSimilarPaidAmt028570
IRS990/CYInvestmentIncomeAmt0108
IRS990/CYOtherExpensesAmt0278896
IRS990/CYOtherRevenueAmt0137862
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-109739
IRS990/CYSalariesCompEmpBnftPaidAmt068814
IRS990/CYTotalExpensesAmt0376280
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0266541
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/EOYAmt061429
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt057637
IRS990/DepreciationDepletionGrp/TotalAmt057637
IRS990/Desc0THE PEDC OPERATES THE PETERSBURG COMMUNITY COLD STORAGE (PCCS). THIS IS A PUBLIC FACILITY PROVIDING FREEZING AND STORAGE SPACE TO ENTREPRENEURS IN THE SEAFOOD INDUSTRY. THE OUTCOMES ARE INCREASED SEAFOOD LANDINGS IN OUR COMMUNITY, ADDITIONAL JOBS, AND REVENUE.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0207785
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01822
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt010380
IRS990/FeesForServicesAccountingGrp/TotalAmt012202
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0128974
IRS990/FeesForServicesOtherGrp/TotalAmt0128974
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0CASEY FLINT
IRS990/Form990PartVIISectionAGrp/PersonNm1GLORIANNE WOLLEN
IRS990/Form990PartVIISectionAGrp/PersonNm2HILLARY WHITETHORN
IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm4JOYCE CUMMINGS
IRS990/Form990PartVIISectionAGrp/PersonNm5STEPHEN GIESBRECHT
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIC GRUNDBERG
IRS990/Form990PartVIISectionAGrp/PersonNm7NICHOLAS OHMER
IRS990/Form990PartVIISectionAGrp/PersonNm8MEGAN O'NEIL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD PRESID
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD VICE P
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD SECRET
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0true
IRS990/FormationYr02001
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GovernmentGrantsAmt0128571
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt028570
IRS990/GrantsToDomesticOrgsGrp/TotalAmt028570
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0266541
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0900
IRS990/InformationTechnologyGrp/TotalAmt0900
IRS990/InsuranceGrp/ManagementAndGeneralAmt01601
IRS990/InsuranceGrp/ProgramServicesAmt06664
IRS990/InsuranceGrp/TotalAmt08265
IRS990/InvestmentIncomeGrp/ExclusionAmt0108
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0108
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0899053
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01536880
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01479242
IRS990/LandBldgEquipCostOrOtherBssAmt02378295
IRS990/LegalDomicileStateCd0AK
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ENVISIONED FUTURE: A VIBRANT MULTI-GENERATIONAL SMALL GROWING TOWN WITH A CORE BUSINESS DISTRICT, AFFORDABLE HOUSING, A WORLD CLASS SEAFOOD INDUSTRY, STRONG ENTREPRENEURIAL SECTOR, AND GREAT ACTIVITIES FOR ITS CITIZENS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01890628
IRS990/NetAssetsOrFundBalancesEOYAmt01780889
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IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt047037
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01188
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IRS990/OfficerMailingAddressInd0true
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03001
IRS990/OtherEmployeeBenefitsGrp/TotalAmt03001
IRS990/OtherExpensesGrp/Desc0REPAIRS/MAINTENANCE
IRS990/OtherExpensesGrp/Desc1MATERIALS/SUPPLIES/FREIGH
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0350
IRS990/OtherExpensesGrp/ProgramServicesAmt012943
IRS990/OtherExpensesGrp/ProgramServicesAmt11098
IRS990/OtherExpensesGrp/TotalAmt012943
IRS990/OtherExpensesGrp/TotalAmt11098
IRS990/OtherExpensesGrp/TotalAmt2350
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IRS990/OtherRevenueMiscGrp/Desc0COLD STORAGE
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0137862
IRS990/OtherRevenueTotalAmt0137862
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt060318
IRS990/OtherSalariesAndWagesGrp/TotalAmt060318
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt05495
IRS990/PayrollTaxesGrp/TotalAmt05495
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01387
IRS990/PrincipalOfficerNm0CASEY FLINT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SCOW BAY VESSEL WORKYARD - PEDC IS LEADING DEVELOPMENT EFFORTS FOR A PUBLIC WORKYARD FOR SMALL COMMERCIAL AND RECREATIONAL VESSELS AT SCOW BAY. THE WORKYARD IS ANTICIPATED TO CREATE NEW OPPORTUNITIES FOR BUSINESS DEVELOPMENT AND EXPANSION IN THE MARINE SERVICE INDUSTRY AND CREATE NEW LONG-TERM MARINE TRADE JOBS IN THE COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0125974
IRS990/ProgSrvcAccomActy3Grp/Desc0BUSINESS DEVELOPMENT - PEDC SUPPORTS BUSINESS DEVELOPMENT EFFORTS, SPECIFICALLY DEVELOPMENT OF A LOCAL FARMER'S MARKET. THE MARKET ACTS AS A BUSINESS INCUBATOR ALLOWING ENTREPRENEURS TO TRY OUT PRODUCTS. ECONOMIC SUPPORT GRANTS - PEDC PROVIDED SMALL GRANTS TO LOCAL BUSINESSES DURING THE STATE ORDERED CLOSURE OF NON-ESSENTIAL BUSINESSES DUE TO THE PUBLIC HEALTH EMERGENCY IN MARCH/APRIL 2020.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt031571
IRS990/ProgSrvcAccomActy3Grp/GrantAmt028570
IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMMUNITY MARKETING THE PEDC, IN PARTNERSHIP WITH THE CHAMBER OF COMMERCE AND THE PETERSBURG BOROUGH, IS IMPLEMENTS A COMMUNITY MARKETING PROJECT. ANTICIPATED OUTCOMES INCLUDE IMPROVED TOOLS FOR LOCAL BUSINESSES TO USE TO MARKET PRODUCTS, RECRUIT EMPLOYEES, AND/OR ATTRACT VISITORS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt090000
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0193
IRS990/PYOtherExpensesAmt0234598
IRS990/PYOtherRevenueAmt063210
IRS990/PYRevenuesLessExpensesAmt0-139612
IRS990/PYSalariesCompEmpBnftPaidAmt058417
IRS990/PYTotalExpensesAmt0293015
IRS990/PYTotalRevenueAmt0153403
IRS990/ReconcilationRevenueExpnssAmt0-109739
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt033161
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0109552
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMUNITY MARKETING THE PEDC, IN PARTNERSHIP WITH THE CHAMBER OF COMMERCE AND THE PETERSBURG BOROUGH, IS IMPLEMENTS A COMMUNITY MARKETING PROJECT. ANTICIPATED OUTCOMES INCLUDE IMPROVED TOOLS FOR LOCAL BUSINESSES TO USE TO MARKET PRODUCTS, RECRUIT EMPLOYEES, AND/OR ATTRACT VISITORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990, PART VI, SECTION A. GOVERNING BODY AND MANAGEMENT, LINE 1A: EXPLANATION OF BROAD AUTHORITY - BYLAWS ALLOW THE EXECUTIVE COMMITTEE TO ACT WITH SAME AUTHORITY AS THE FULL BOARD OF DIRECTORS. EXECUTIVE COMMITTEE ACTIONS MUST BE BROUGHT TO THE FULL BOARD AT NEXT MEETING FOR APPROVAL OF THE BOARD AS A WHOLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LIZ CABRERA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE FOR REVIEW PRIOR TO FILING. FULL BOARD IS INFORMED OF 990 FILING AND MAY REQUEST A COPY IF THEY CHOOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEW BOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY. MEMBERS ARE ASKED TO DISCLOSE CONFLICTS PRIOR TO ACTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PEDC POLICIES ARE AVAILABLE TO THE PUBLIC UPON REQUEST AS EITHER HARDCOPY OR ELECTRONIC FORMAT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ENGINEERING/DESIGN SERVICES 125,974 0 0 MARKETING CONSULTANT 3,000 0 0 TOTAL 128,974 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt01859626
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IRS990/TotalAssetsGrp/EOYAmt01859626
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0128571
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05199
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0371081
IRS990/TotalFunctionalExpensesGrp/TotalAmt0376280
IRS990/TotalGrossUBIAmt0137862
IRS990/TotalLiabilitiesBOYAmt015166
IRS990/TotalLiabilitiesEOYAmt078737
IRS990/TotalLiabilitiesGrp/BOYAmt015166
IRS990/TotalLiabilitiesGrp/EOYAmt078737
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01890628
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IRS990/TotalOtherProgSrvcExpenseAmt05751
IRS990/TotalProgramServiceExpensesAmt0371081
IRS990/TotalRevenueGrp/ExclusionAmt0108
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0266541
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0137862
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01905794
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01859626
IRS990/TravelGrp/ProgramServicesAmt01351
IRS990/TravelGrp/TotalAmt01351
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 750
IRS990/USAddress/CityNm0PETERSBURG
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd099833
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0HTTP://WWW.PETERSBURGEDC.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CASEY FLINT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09077724042
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PETERSBURG ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0COUNCIL
ReturnHeader/Filer/BusinessNameControlTxt0PETE
ReturnHeader/Filer/EIN0470864389
ReturnHeader/Filer/PhoneNum09077723664
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 750
ReturnHeader/Filer/USAddress/CityNm0PETERSBURG
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099833
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0920127098
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELGEE REHFELD LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09309 GLACIER HWY STE B200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JUNEAU
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0998019300
ReturnHeader/PreparerPersonGrp/PhoneNum09077893178
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT L REHFELD
ReturnHeader/ReturnTs02021-05-17T20:13:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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