PORTAGE ECONOMIC DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

PORTAGE ECONOMIC DEVELOPMENT CORPORATION

EIN 31-1131825 · Economic Development (S30)

What they do

PEDCO SERVES AS A MARKETER/PROMOTER for PORTAGE, INDIANA to OUTSIDE BUSINESSES and AS A PARTNER IN STRENGTHENING EXISTING BUSINESSES. THROUGH INVESTMENTS FROM COMMUNITY BUSINESSES and THE CITY of PORTAGE, PEDCOS MISSION is to ATTRACT NEW BUSINESSES and ENHANCE THE QUALITY of LIFE

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

100.93%of revenue went to mission work92.8% of expenses · Program services

$108.77spent for every $100 of revenueSpending was higher than revenue this year.

7.84%of revenue went to management and office costs7.2% of expenses

$0.87in assets for every $1 spent this yearSome assets cannot be spent right away.

93.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $10,466 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $104,779 for ANDY MALETTA (EXECUTIVE DI). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$119,391

Mission workProgram services$120,501100.93% of revenue92.8% of expenses

ManagementOffice and general costs$9,3567.84% of revenue7.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$129,857108.77% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2025CurrentExpense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 108.77% of revenue

2024Expense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 98.06% of revenue

2023Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 109.60% of revenue

2022Expense mix: 88.5% mission · 11.5% management · 0.0% fundraisingTotal expenses: 95.54% of revenue

2021Expense mix: 86.0% mission · 14.0% management · 0.0% fundraisingTotal expenses: 87.15% of revenue

Money in and money out

Revenue$119,391

Expenses$129,857

Annual shortfall $10,466 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$120,501 · 92.8% of expenses

Management and office costs$9,356 · 7.2% of expenses

See all reported dollar amounts

Revenue$119,391

Expenses$129,857

Assets$113,216

Income$130,063

Contributions$112,050

Mission work (program services)$120,501

Management and general$9,356

Executive compensation (total)$48,036

Accounting fees$700

People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ANDY MALETTAEXECUTIVE DI · 40 hrs/week $104,779

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

ANDY MALETTAEXECUTIVE DI

DERRICK NAEGLERBOARD MEMBER

TONY SHIELDSBOARD MEMBER

RYAN KELLYBOARD MEMBER

RALPH MUNDTBOARD MEMBER

RAEANN TRAKASBOARD MEMBER

MATT HARRISTREASURER

LISA KIGERBOARD MEMBER

KEVIN COMERFORDBOARD MEMBER

JUSTIN MOUNTPRESIDENT

DR MICHAEL STEPHENSBOARD MEMBER

ACO SIKOSKIBOARD MEMBER

DAN BOTICHBOARD MEMBER

CINDY ADMAVESECRETARY

CHRISTINE LIVINGSTONBOARD MEMBER

BRYCE PICKERINGBOARD MEMBER

BRANDIE BELSTRABOARD MEMBER

BILL RATHJENVICE PRESIDE

ALAN WHIPPSBOARD MEMBER

About this charity

Recognized since: January 1985
Location: 6260 CENTRAL AVE, PORTAGE, IN 46368-3702
County: Porter
In care of: ANDY MALETTA
Primary officer: ANDY MALETTA, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website Emailandy@portagein.org Phone(219) 762-9761

Filing and classification

Latest tax year: 2025
Tax period began: January 1, 2025
Return type: 990
Tax preparer: CORNERSTONE ACCOUNTING & CONSULTING INC
NTEE classification: Economic Development (S30)
IRS tax category: Economic Development