Portland Economic Development Corporation
Revenue
$11k
year to 31 December 2025
Expenses
$10k
year to 31 December 2025
Total assets
$747k
$0 liabilities
Net assets
$747k
assets less liabilities
Directors and trustees
7
6.3 years on average
Staff
0
employees, year to 31 December 2025
Left since last filing
0
no seats appear to have opened
Officers and senior staff
5
named in Part VII
Portland Economic Development Corporation's network
7 people6 organisationsi7 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (7). Violet dotted lines (8) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
7 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI; we list 7 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Doug LOY | Director | 2020 | 6 yrs |
| Jeff Westlake | Director | 2024 | 2 yrs |
| Josh Atkinson | Director | 2019 | 7 yrs |
| Steve Stockton | Director | 2018 | 8 yrs |
| Tabby Sprunger | Director | 2019 | 7 yrs |
| Travis Richards | Director | 2019 | 7 yrs |
| WES Schemenaur | Director | 2022 | 4 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
5 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| AMI Huffman | Secretary/Treasurer | since 2018 |
| Faron Parr | Vice President | since 2018 |
| Gary Trobridge | President | 2018 |
| Matt Goldsworthy | Vice President | since 2019 |
| Shauna Runkle | Company secretary | since 2020 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Matt Goldsworthy | Director | 0 | $0 | ||
| Josh Atkinson | Director | 0 | $0 | ||
| Wes Schemenaur | Director | 0 | $0 | ||
| Steve Stockton | Director | 0 | $0 | ||
| Jeff Westlake | Director | 0 | $0 | ||
| Amanda Blair | Director | 0 | $0 | ||
| Ceann Bales | Director | 0 | $0 | ||
| Doug Loy | Director | 0 | $0 | ||
| Faron Parr | President | 0 | $0 | ||
| Shauna Runkle | Secretary | 0 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Portland Economic Development Corporation
- EIN
- 352148198
- Address
- 118 S Meridian St Ste B, Portland, IN, 47371-2132
- State
- Indiana
- Mission
- To promote economic development within the city of portland and wayne township, jay county indiana. (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 5 (IRS master file code)
- Formed
- 2001
- Principal officer
- Faron Parr (as named on the Form 990)
- IRS ruling date
- 1 October 2001
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
Most connected
Longest observed on the filings
≥8years on the filingsSteve Stockton
≥7years on the filingsJosh Atkinson
≥7years on the filingsTabby Sprunger
≥7years on the filingsTravis Richards
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $747k
- Total liabilities
- $0
- Net assets or fund balances
- $747k
- Contributions and grants received
- $0
- Program service revenue
- $0
- Grants and similar paid out
- $9k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $3k | $127k | Deficit $124k |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| City of Portland | To maintain certain cash balance | $9k |