EIN 84-0857804

Pueblo Economic Development (PEDCO)

IRS 501(c) type
501(c)(6)
Num. employees
5
City
Year formed
1981
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The mission of PEDCO is to Attract, retain and expand primary jobs for the community.
Also known as...
Pueblo Economic Development Corporation
Total revenues
$1,002,112
2022
Total expenses
$1,054,025
2022
Total assets
$543,851
2022
Num. employees
5
2022

Program areas at PEDCO

Assist the city of Pueblo in locating new primary jobs to Pueblo, the facilities for which are funded by the city's 1/2 cent sales tax fund. Recruitment of primary jobs is funded by grants from the city of Pueblo, Pueblo county, and by members dues.
Pedco provides facilities management. It operates an incubator facility funded by a department of commerce eda grant to provide new businesses with temporary facilities and support services. Pedco also manages for the city of Pueblo and Pueblo county various buildings and leases that are facilities for employers moving to Pueblo that have created primary jobs. The facilities are typically funded from the city's 1/2 cent sales tax fund with oversite by the pedco foundation inc., a related organization, or by Pueblo Economic Development foundation, another tax exempt entity. This activity is further subsidized from members dues revenue.

Personnel at PEDCO

NameTitleCompensation
Ashley ValdezChairman$0
Dominic GallinaChairman / Chair / Treasurer / Director$0
Jeff ShawVice President / Former Director$144,417
Scott RobTreasurer / Past Chair / Chairman / Chair / Director$0
Bob LeachSecretary / Director$0
...and 1 more key personnel

Financials for PEDCO

RevenuesFYE 12/2022
Total grants, contributions, etc.$701,726
Program services$299,815
Investment income and dividends$571
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,002,112

Form 990s for PEDCO

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-09990View PDF
2020-122021-11-09990View PDF
2019-122020-11-19990View PDF
2018-122020-01-21990View PDF
...and 11 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 5 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 17, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Community improvementEconomic development
Characteristics
MembershipsState / local levelReceives government funding
General information
Address
301 N Main St 200
Pueblo, CO 81003
Metro area
Pueblo, CO
County
Pueblo County, CO
Website URL
pedco.org/ 
Phone
(719) 544-2000
Facebook page
PuebloEconomicDevelopmentCorp 
Twitter profile
@puebloecondev 
IRS details
EIN
84-0857804
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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