Nonprofits›King Of Prussia Business Improvement District Inc

Community Improvement & Capacity Building

King Of Prussia Business Improvement District Inc

KNG OF PRUSSA, PA

Website

Total revenue

$2.9M

Total expenses

$3.1M

Net assets

$5.0M

Grants received

$31K

3 grants

EIN

273468787

Tax year

2024

Mission

King of prussia district engages public and private partners to collaboratively improve the economic environment in king of prussia by making it more vibrant, attractive and prosperous.

Programs

3 programs

Marketing: kop-bid promotes king of prussia as a competitive business location, a major hospitality and tourism destination and a community of unparalleled dining and retail amenities. Marketing was completed for 2024 at $210,209.

Expenses: $1.1M

Transportation: a shuttle was in operation for amazon employees to transport them from parking lots in king of prussia to their place of employment.

Expenses: $161K

Land use & zoning: kop-bid believes strongly in a comprehensive master plan for the future of king of prussia. Working closely with upper merion township and montgomery county, the land use & zoning committee studies exising zoning regulations and land use patterns and engages consultants to help develop land use strategies and financial incentives to encourage quality future development and redevelopment.

Expenses: $217K

Financials

FY 2024

Revenue

Contributions & grants$702K
Program service revenue$2.1M
Investment income$65K
Other revenue$36K
Total revenue$2.9M

Expenses

Grants paid—
Salaries & benefits$876K
Fundraising$105K
Other expenses$2.2M
Total expenses$3.1M
Total assets$5.5M
Net assets$5.0M

People

20 listed

NameRoleCompensation

RICHARD KUBACH

TREASURER

Board

—

1.3 hrs/wk

ROBERT HART

SECRETARY

Board

—

1.3 hrs/wk

LEA ANNE WELSH

PAST CHAIRMAN

Board

—

1.3 hrs/wk

RON BAILEY

DIRECTOR

Board

—

1.3 hrs/wk

JOHN BROWN

DIRECTOR

Board

—

1.3 hrs/wk

MICHAEL BROOKSHIER

DIRECTOR

Board

—

1.3 hrs/wk

AUDREY GREENBERG

DIRECTOR

Board

—

1.3 hrs/wk

ANTHONY HAMADAY

DIRECTOR

Board

—

1.3 hrs/wk

CHERYL GEBELINE-MYERS

CHAIR

Board

—

1.3 hrs/wk

PETER KARAKELIAN

DIRECTOR

Board

—

1.3 hrs/wk

JOSEPH MANCUSO

DIRECTOR

Board

—

1.3 hrs/wk

CAROL MCCOY

DIRECTOR

Board

—

1.3 hrs/wk

DAVID MCMANUS

DIRECTOR

Board

—

1.3 hrs/wk

STEVEN POWELL

DIRECTOR

Board

—

1.3 hrs/wk

SUZANNE RYAN

DIRECTOR

Board

—

1.3 hrs/wk

KATHY SWEENEY-POGWIST

DIRECTOR

Board

—

1.3 hrs/wk

ANDREW HORNING

DIRECTOR

Board

—

1.3 hrs/wk

ERIC DAVIES

VICE CHAIR

Board

—

1.3 hrs/wk

ERIC T GOLDSTEIN

EXECUTIVE DIRECTOR

Staff

$296K

40 hrs/wk

RACHEL AMMON

DIRECTOR MARKETING AND COMMUNICATIONS

Staff

$124K

40 hrs/wk

Independent contractors

VINE PUBLIC RELATIONS

PUBLIC RELATIONS FIRM FOR MARKETING

$363K

AGILECAT

PUBLIC RELATIONS FIRM FOR MARKETING

$124K

Grants received

Showing 3 of 3

FromAmountPurposeYear
INTERNATIONAL BROTHERHOOD OF ELECTRICAL
$11K
SUPPORT
2023
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
$10K
SUPPORT PROGRAM SERVICES
2021
TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
$10K
SUPPORT PROGRAM SERVICES
2021

Funded by

$31K from 2 funders · 3 grants · 2021–2023

Details

EIN273468787
NTEE codeS20
Subsection03
Ruling date2011-08
Formed2010
Employees7
Volunteers15
KING OF PRUSSIA BUSINESS IMPROVEMENT DISTRICT INC — Mission, Financials & Grants Received | Grantivo