NonprofitsPpl Development Co Inc

Education

Ppl Development Co Inc

PETERSBURG, VA

Total revenue

$477K

Total expenses

$472K

Net assets

$10.5M

Grants received

$11.3M

5 grants

EIN

462271570

Tax year

2024

Mission

To acquire and hold title to property to be used as a public library for the City of Petersburg, Virginia, developing such property as a library, leasing such a library and collecting income therefrom, and turning over the entirety of such income, less expenses, to the Petersburg Library Foundation, Inc. (PLF), a non profit corporation exempt under section 501 (c)(3) of the Code; supporting the mission, programs, and efforts of PLF in respect of the development, use and operation of such library; and engaging in any other lawful acts or activities for which corporations may be organized under Virginia Non-Stock Corporation Act necessary to satisfy the foregoing purposes.

Financials

FY 2024

Revenue

Contributions & grants$336K
Program service revenue$141K
Investment income
Other revenue
Total revenue$477K

Expenses

Grants paid$20K
Salaries & benefits
Fundraising
Other expenses$452K
Total expenses$472K
Total assets$10.5M
Net assets$10.5M

People

4 listed

NameRoleCompensation

Wayne M Crocker

President

Board

5 hrs/wk

Robert C Walker

Vice President

Board

2 hrs/wk

March Altman

Director

Board

2 hrs/wk

Joy Burroughs

Sec/Treas

Board

2 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$240K
to complete library construction
2022
$2.0M
to complete library construction
2021
$8.9M
to complete library construction
2020
$118K
to complete library construction
2019
$37K
to complete library construction
2018

Funded by

$11.3M from 1 funder · 5 grants · 2018–2022

The Petersburg Library Foundation Inc

$11.3M · 5 grants · 2018–2022

Details

EIN462271570
NTEE codeB112
Subsection03
Ruling date2014-11
Formed2013
Employees0
Volunteers3
PPL DEVELOPMENT CO INC — Mission, Financials & Grants Received | Grantivo