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Philadelphia economic development organizations

There are 188economic development organizations in the greater Philadelphiametro area, including the cities of Philadelphia, Wilmington, and Camden within the states of New Jersey, Delaware, and Pennsylvania. Combined, these Philadelphia metro economic development organizationsemploy 1,010 people, earn more than $271 million in revenue each year, and have assets of $1 billion.
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Types of economic development organizations in Philadelphia

Nonprofit typeNumberRevenues
Economic development organizations
188
$271,310,216
Urban development organizations
116
$200,178,670
Convention centers and visitor bureaus
9
$47,454,353
Showing 3 of 3categories

Job trends for Philadelphia economic development organizations

Employees per organizationNumber of organizations
0
35
1-10
40
11-25
14
26-100
11
101 to 1,000
0
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in Philadelphia

Revenues per organizationNumber of organizations
< $250k
52
$250k to $1M
31
$1M to $5M
30
$5M to $25M
10
$25M to $100M
1
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in Philadelphia

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1-20 of 188

Chester County Economic Development Council (CCEDC)

The mission of the Chester County Economic Development Council is to encourage and promote the smart economic growth and prosperity of Chester County.
Revenue
$4.1m
Assets
$4.8m
Employees
27
EIN
23-1576225
IRS type
501(c)(6)

Philadelphia Convention and Visitors Bureau (PHLCVB)

To generate economic impact and job growth by increasing the region's hotel occupancy and revenues, while concurrently affecting other diverse segments of the hospitality industry.
Revenue
$17.3m
Assets
$10.7m
Employees
85
EIN
23-0969325
IRS type
501(c)(6)

Valley Forge Tourism and Convention Board (VFTCB)

The Valley Forge Tourism & Convention Board is a private, non-profit membership sales and marketing organization which actively promotes the Valley Forge area and Montgomery County as a convention site and leisure visitor destination.
Revenue
$9.6m
Assets
$5.2m
Employees
54
EIN
23-2986440
IRS type
501(c)(6)

Visit Bucks County (VBC)

Visit Bucks County (VBC) is the official tourism promotion agency for Bucks County. The mission of the VBC is to increase visitation in Bucks County by effectively marketing its heritage and its diverse sites and attractions.
Revenue
$4.8m
Assets
$4.5m
Employees
28
EIN
23-2483798
IRS type
501(c)(6)

Chester County's Brandywine Valley

Promoting tourism in Chester County by working on behalf of the bureau's membership by marketing Chester county and the Brandywine Valley to individuals, groups, meetings planners, and travel writers.
Revenue
$2.8m
Assets
$2.7m
Employees
17
EIN
23-2138297
IRS type
501(c)(6)

The Mayor's Fund for Philadelphia

The Mayor's Fund for Philadelphia is committed to fully integrating the following values into all that it does. To advance the Mayor's goals through leveraging public-private partnerships to the benefit of the citizens of Philadelphia.
Revenue
$15.6m
Assets
$22.6m
Employees
3
EIN
23-2174863
IRS type
501(c)(3)

The Reinvestment Fund (TRF)

The Reinvestment Fund's mission is to build wealth and opportunity for low-wealth people and places through the promotion of socially and environmentally responsible development.
Revenue
$76.3m
Assets
$631.0m
Employees
85
EIN
23-2331946
IRS type
501(c)(3)

The Biotechnology Greenhouse of Southeastern Pennsylvania

BioAdvance actively invests venture capital in therapies, medical devices, research tools, diagnostics and health IT in the Mid-Atlantic region.
Revenue
$13.0m
Assets
$78.6m
Employees
5
EIN
46-0481876
IRS type
501(c)(3)

Camden Community Partnership

Cooper's ferry Partnership's mission is to promote the revitalization of the city of Camden through a joint public/ private venture. To facilitate the revival of the city of Camden as an urban hub, where people choose to live, work and invest. Cfp develop...
Revenue
$8.0m
Assets
$13.8m
Employees
15
EIN
52-1333698
IRS type
501(c)(3)

New Kensington Community Development Corporation

New Kensington Community Development Corporation is an urban development organization in Philadelphia, PA whose mission is: SEE SOPPLEMENT SCH DU cence.
Revenue
$3.1m
Assets
$7.0m
Employees
46
EIN
22-2610536
IRS type
501(c)(3)

Visit Philadelphia

Visit Philadelphia is a private, non-profit organization that promotes leisure travel to the five-county Philadelphia region (Bucks, Chester, Delaware, Montgomery and Philadelphia counties).
Revenue
$9.7m
Assets
$8.5m
Employees
87
EIN
23-2847538
IRS type
501(c)(3)

Independence Visitor Center Corporation

Ivcc manages and operates the Independence Visitor Center on Independence mall in philadelphia in partnership with the national park service.
Revenue
$4.6m
Assets
$7.1m
Employees
73
EIN
23-2952488
IRS type
501(c)(3)

Pennsylvania Economy League

The Pennsylvania Economy League ("pel") is an independent non-profit public policy research and development organization. Pel's mission is to provide critical information, perspective, and support to the business, civic, and governmental leadership of our...
Revenue
$3.5m
Assets
$2.1m
Employees
10
EIN
23-1352264
IRS type
501(c)(3)

Schuylkill River Development Corporation (SRDC)

SRDC envisions the continued transformation of Schuylkill Banks, the 8-mile tidal Schuylkill corridor between the Fairmount Dam and the Delaware River, into Philadelphia's premier riverfront destination.
Revenue
$7.0m
Assets
$9.9m
Employees
6
EIN
23-2690558
IRS type
501(c)(3)

Welcome America

The Welcome America festival, is a multi day free festival featuring the celebration of Independence day. Welcome America events are free to the public and produced to attract visitors and region residents to the city for the Independence day celebration.
Revenue
$2.8m
Assets
$173.4k
Employees
7
EIN
23-2721729
IRS type
501(c)(3)

Riverfront Development Corporation of Delaware

The mission of the Riverfront Development Corporation of Delaware is to create economic vitality along the brandywine and christina rivers, enhance the environment, encourage historic preservation, and promote community access.
Revenue
$2.4m
Assets
$105.2m
Employees
68
EIN
51-0373101
IRS type
501(c)(3)

King of Prussia Business Improvement District

King of Prussia District (kop-bid) is a private, 501c(3) not-for-profit special services organization dedicated to improving the quality of life in King of Prussia, pa. kop-bid works to establish, promote and enhance more attractive and safer commercial, ....
Revenue
$2.7m
Assets
$1.1m
Employees
5
EIN
27-3468787
IRS type
501(c)(3)

Universal Community Homes

Universal companies is in the business of helping people. Their mission is to create educational, cultural and entrepreneurial opportunities that will stimulate the development of wealth within historically disenfranchised communities.
Revenue
$3.1m
Assets
$3.3m
Employees
33
EIN
23-2775947
IRS type
501(c)(3)

Stand Up for Salem (SUFS)

Stand Up for Salem is a volunteer based non-profit organization working to bring new life to the center of Salem. To stimulate business opportunity, historic preservation and community growth through grassroots community development.
Revenue
$2.6m
Assets
$17.3m
Employees
9
EIN
22-2908783
IRS type
501(c)(3)

Aeris Insight

Aeris Insight is an urban development organization in Philadelphia, PA whose mission is: Aeris drives accountability and transparency into impact investing.
Revenue
$2.3m
Assets
$1.2m
Employees
12
EIN
45-4135784
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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