Portland Economic Development
To promote economic development within the city of portland and wayne Township, Jay county Indiana.
Portland Economic Development at a glance
In short: Portland Economic Development gave $9K across 1 grant in 2025 (avg $9K). Source: 2025 IRS Form 990.
- Annual giving (2025)
- $9,000
- Grants made (2025)
- 1
- Average grant
- $9,000
- Median grant
- $9,000
- Total assets
- $747,059
- +0.2% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Portland Economic Development funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was City of Portland ($9K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $9K (2025) to $94K (2023). In 2025 it made 1 grant totaling $9K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| City of Portland | To Maintain Certain Cash Balance | $9,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $747,059 | $11,076 | $9,735 | $9,000 | 1 |
| 2024 | $745,718 | $2,918 | $126,607 | — | — |
| 2023 | $869,407 | $406,510 | $93,976 | $93,976 | 2 |
| 2022 | $556,873 | $10,791 | — | — | — |
| 2021 | $546,082 | $13,176 | — | — | — |
| 2020 | $532,906 | $6,600 | — | — | — |
| 2019 | $526,306 | — | — | — | — |
About Portland Economic Development
Based on IRS filings
Portland Economic Development is a public charity focused on Community Improvement & Capacity Building, based in Portland, IN. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $747K in total assets. In 2025, it awarded 1 grant totaling $9K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Portland Economic Development is led by Faron Parr, President on every filing since 2019; none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Faron Parr
President
On filings since 2019
No compensation reported
Josh Atkinson
Director
On filings since 2019
No compensation reported
Matt Goldsworthy
Director
Vice President → Director, 2025
On filings since 2019
No compensation reported
Steve Stockton
Director
On filings since 2019
No compensation reported
Doug Loy
Director
On filings since 2020
No compensation reported
Wes Schemenaur
Director
On filings since 2022
No compensation reported
Jeff Westlake
Director
On filings since 2024
No compensation reported
Amanda Blair
Director
New on the 2025 filing
No compensation reported
Ceann Bales
Director
New on the 2025 filing
No compensation reported
Shauna Runkle
Secretary
Director → Secretary, 2020
On filings since 2019
No compensation reported
Former officers (5)
- Former: Tabby Sprunger (2019–2024) — Director
- Former: Travis Richards (2019–2024) — Director
- Former: John Boggs (2019–2023) — Director
- Former: William Hinkle (2019–2021) — Director
- Former: Ami Huffman (2019) — Secretary & Treasurer
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Portland Economic Development
How much does Portland Economic Development give each year?
Portland Economic Development gave $9K across 1 grant in 2025, according to its 2025 IRS Form 990.
How large is Portland Economic Development?
Portland Economic Development reported $747K in total assets on its 2025 IRS Form 990. Its revenue that year was $11K.
What is Portland Economic Development?
Portland Economic Development is a public charity focused on Community Improvement & Capacity Building, based in Portland, IN. It holds $747K in total assets as of 2025.
What is Portland Economic Development's EIN?
Portland Economic Development's EIN (Employer Identification Number) is 35-2148198. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS July 16, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 8, 2026)
Explore Open Grants
Browse active grant opportunities in Portland Economic Development's focus areas in our free grants database
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