NonprofitsPrince Georges County Economic Development Corporation

Community Improvement & Capacity Building

Prince Georges County Economic Development Corporation

LARGO, MD

Total revenue

$6.5M

Total expenses

$5.6M

Net assets

$6.5M

Grants received

$200K

2 grants

EIN

521298515

Tax year

2023

Mission

Promote economic development by providing business services to attract, retain, and expand businesses in the county, growing both jobs and the commercial tax base.

Programs

3 programs

The purpose of the edc's business development program is to facilitate the economic growth and development of prince george's county.

Expenses: $1.8M

Edc's international department promotes business expansion, attraction and retention of prince george's county companies doing business internationally. The edc is focused on expanding and growing exports from county's businesses through outreach, connecting businesses with resources to explore foreign markets and increase exporting capacity, and supporting trade missions to target global markets. In addition, edc's focus includes expanding and growing county's businesses through the attraction of foreign direct investment by hosting foreign business, matchmaking, serving as a soft landing for foreign companies and promoting prince georges county as the best place for international business.

Expenses: $540K

Edc provides small businesses with technical assistance, trainings, and seminars on important topics including business operations, management, finance, marketing, strategic planning, business development, and human resources. Small businesses are also connected with resource partners, procurement opportunities, and guidance on federal, state, and local incentives and workforce programs.

Expenses: $476K

Financials

FY 2023

Revenue

Contributions & grants$1.5M
Program service revenue$5.0M
Investment income$39K
Other revenue
Total revenue$6.5M

Expenses

Grants paid
Salaries & benefits$3.2M
Fundraising$232K
Other expenses$2.4M
Total expenses$5.6M
Total assets$7.6M
Net assets$6.5M

People

16 listed

NameRoleCompensation

DAVID S IANNUCCI

PRESIDENT/CEO

Board

$222K

40 hrs/wk

EBONY STOCKS

EXECUTIVE VICE PRESIDENT

Board

$155K

40 hrs/wk

LORI C VALENTINE

VP OF POLICY AND PUBLIC RELATIONS

Board

$143K

40 hrs/wk

RAMSEY KOOJO

CONTROLLER

Board

$142K

40 hrs/wk

CONNIE EVANS

DIRECTOR

Board

1 hrs/wk

JAMES R ESTEPP

DIRECTOR

Board

1 hrs/wk

MELISSA LAVINSON

DIRECTOR

Board

1 hrs/wk

ORLAN JOHNSON

CHAIRMAN

Board

1 hrs/wk

KERRY WATSON

SECRETARY

Board

1 hrs/wk

DR JOSEPH WRIGHT

DIRECTOR

Board

1 hrs/wk

JASON PETERMAN

DIRECTOR

Board

1 hrs/wk

MARVA JO CAMP

VICE CHAIRMAN

Board

1 hrs/wk

ANDREW ROUD

TREASURER

Board

1 hrs/wk

GARY MICHAEL

TREASURER

Board

1 hrs/wk

ANGIE RODGERS

DIRECTOR

Board

1 hrs/wk

MARTIN EZEMMA

DIRECTOR OF INTERNATIONAL BUSINESS

Staff

$113K

40 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear

Funded by

$200K from 1 funder · 2 grants · 2017–2018

Anne Arundel Workforce Development

$200K · 2 grants · 2017–2018

Details

EIN521298515
NTEE codeS31Z
Subsection03
Ruling date1984-04
Formed1983
Employees29
Volunteers0
PRINCE GEORGES COUNTY ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo