Civic Intelligence

The Ridc Regional Growth Fund

990 • Fiscal year 2016 • EIN 25-1495484

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

Organization ProfileWWW.RIDC.ORG
210 Sixth Avenue No 3620Pittsburgh, PA 15222-2602

(412) 471-3939

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.46x

Higher debt load relative to assets than 69% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

82nd percentile

1.28x

Higher debt load relative to revenue than 82% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

22nd percentile

-5.9%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

87th percentile

$395,858

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 5.0% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

16th percentile

-5.8%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

17th percentile

-16%

Faster revenue growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$21,952,034

Down $1,355,906 (-5.8%) from 2015

Net Assets

Down

$11,827,887

Down $462,573 (-3.8%) from 2015

Liabilities

Down

$10,124,147

Down $893,333 (-8.1%) from 2015

Revenue And Expenses
Liabilities / Revenue82nd percentileNet Margin22nd percentile

Revenue

Down

$7,886,606

Down $1,556,489 (-16%) from 2015

Expenses

Up

$8,349,179

Up $570,911 (+7.3%) from 2015

Net Income

Down

-$462,573

Down $2,127,400 (-128%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $75,000Liabilities 2010: $75,000Net Assets 2010: $02010Assets 2011: $75,000Liabilities 2011: $75,000Net Assets 2011: $02011Assets 2012: $4,541,850Liabilities 2012: $4,111,818Net Assets 2012: $430,0322012Assets 2013: $14,553,505Liabilities 2013: $8,980,286Net Assets 2013: $5,573,2192013Assets 2014: $22,621,601Liabilities 2014: $11,995,968Net Assets 2014: $10,625,6332014Assets 2015: $23,307,940Liabilities 2015: $11,017,480Net Assets 2015: $12,290,4602015Assets 2016: $21,952,034Liabilities 2016: $10,124,147Net Assets 2016: $11,827,8872016Assets 2017: $31,886,742Liabilities 2017: $20,562,275Net Assets 2017: $11,324,4672017Assets 2018: $32,448,569Liabilities 2018: $20,430,639Net Assets 2018: $12,017,9302018Assets 2019: $35,182,259Liabilities 2019: $26,005,497Net Assets 2019: $9,176,7622019Assets 2020: $32,881,344Liabilities 2020: $25,062,064Net Assets 2020: $7,819,2802020Assets 2021: $36,670,171Liabilities 2021: $30,177,887Net Assets 2021: $6,492,2842021Assets 2022: $37,936,694Liabilities 2022: $30,900,688Net Assets 2022: $7,036,0062022Assets 2023: $41,082,912Liabilities 2023: $31,158,412Net Assets 2023: $9,924,5002023Assets 2024: $39,330,312Liabilities 2024: $29,934,181Net Assets 2024: $9,396,1312024

Highlighted filing

2016

Assets$21,952,034
Liabilities$10,124,147
Net Assets$11,827,887
Open 2016 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2010: $02010Expenses 2011: $02011Expenses 2012: $2,867,0342012Revenue 2013: $8,628,993Expenses 2013: $4,339,741Net Income 2013: $4,289,2522013Revenue 2014: $12,047,385Expenses 2014: $6,994,971Net Income 2014: $5,052,4142014Revenue 2015: $9,443,095Expenses 2015: $7,778,268Net Income 2015: $1,664,8272015Revenue 2016: $7,886,606Expenses 2016: $8,349,179Net Income 2016: -$462,5732016Revenue 2017: $7,709,373Expenses 2017: $8,212,793Net Income 2017: -$503,4202017Revenue 2018: $10,597,890Expenses 2018: $9,904,427Net Income 2018: $693,4632018Revenue 2019: $7,330,520Expenses 2019: $10,171,688Net Income 2019: -$2,841,1682019Revenue 2020: $9,031,999Expenses 2020: $10,389,481Net Income 2020: -$1,357,4822020Revenue 2021: $9,947,122Expenses 2021: $11,274,118Net Income 2021: -$1,326,9962021Revenue 2022: $13,086,181Expenses 2022: $12,542,459Net Income 2022: $543,7222022Revenue 2023: $17,522,772Expenses 2023: $14,634,278Net Income 2023: $2,888,4942023Revenue 2024: $16,090,072Expenses 2024: $14,618,441Net Income 2024: $1,471,6312024

Highlighted filing

2016

Revenue$7,886,606
Expenses$8,349,179
Net Income-$462,573
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$7,886,606
Mission and Program Overview

Mission

Support organization for ridc of southwestern pennsylvania, providing diversified economic development services to business and industry.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$17,876,554$16,405,752▼ $1,470,802
Accounts Receivable$2,966,325$1,164,887▼ $1,801,438
Cash and Non-Interest-Bearing Accounts$338,512$288,667▼ $49,845
Pledges and Grants Receivable$573,582$250,000▼ $323,582
Savings and Temporary Cash Investments$57,454$57,516▲ $62
Total Assets$23,307,940$21,952,034▼ $1,355,906
Other Assets Total$1,495,513$3,785,212▲ $2,289,699
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,926,662$8,269,473▲ $342,811
Accounts Payable and Accrued Expenses$2,707,257$1,408,231▼ $1,299,026
Deferred Revenue$383,561$446,443▲ $62,882
Total Liabilities$11,017,480$10,124,147▼ $893,333
Net Assets / Fund Balance
Unrestricted Net Assets$12,290,460$11,827,887▼ $462,573
Total Net Assets Fund Balance$12,290,460$11,827,887▼ $462,573
Total Liabilities and Net Assets / Fund Balance$23,307,940$21,952,034▼ $1,355,906

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,410,817$1,930,195$11,341,012
Leasehold Improvements$6,961,785$2,691,543$9,653,328
Equipment$33,150$17,850$51,000
Other Assets Org$3,785,212--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Daniel SharekDirector of Engineering Serv-$149,220$149,220
Brad KellyDirector of Technology Leasing-$142,435$142,435
D JohnsonSenior Development Manager-$124,725$124,725
Barbara SnowballDirector of Leasing-$123,718$123,718
W Michael SaulTreasurer-$123,433$123,433
Adarryl Dreher 51 to 12312016Associate VP - Finance-$119,029$119,029
J James PalochikDirector of ConstructionPT$116,092$116,092
Colleen B PoremskiCorporate Secretary-$109,918$109,918

Board Members and Trustees

NameTitle
G Reynolds ClarkChairman/director
Donald F Smith JrPresident
Dennis M JoyceVice Chairman/director
Eric CartwrightDirector
Mark Jay KurtzrockDirector
Samuel J StephensonDirector
Sara Davis Buss EsquireDirector
Marcia L Grimes EsquireAssistant Secretary
Ronald J Coombs 11 to 6302016CFO/treasurer
Timothy F WhiteSenior VP - Development
Mark WesselSenior VP - Strategic Op.
William C Kirk JrVP - Real Estate Op.

Highest Paid Contractors

ContractorServicesLocationCompensation
Burns & Scalo Roofing CoRoofing Contractor22 RUTGERS RD 200, Pittsburgh, PA 15205$1,051,360
Gregg Protection Services INCMaintenance Contractor824 EAST PITTSBURGH PLAZA, East Pittsburgh, PA 15112$496,565
Tbi ContractingConstruction Contractor1701 BOSTON HOLLOW RD, Mckeesport, PA 15135$221,933
Am-gard INCSecurity ContractorPO BOX 6094, Hermitage, PA 16148$154,827
Limbach Company INCMechanical Contractor31 35TH STREET, Pittsburgh, PA 15201$153,545
Revenue and Support

Revenue Composition

Contributions and Grants
$1,179,494
Program Service Revenue
$6,681,273
Investment Income
$767
Other Revenue
$25,072
Change in Net Assets
$-462,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,843,158
Salaries, Compensation, and Employee Benefits$506,021
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,773,919--$1,773,919
Other Salaries and Wages$506,000--$506,000
Fees for Services Management$262,000--$262,000
Insurance$124,739--$124,739
Other Expenses$115,971--$115,971
Interest$111,116--$111,116
Fees for Services Other$69,549--$69,549
Fees for Services Legal$24,424--$24,424
Information Technology$14,902--$14,902
Office Expenses$10,064--$10,064
Fees for Services Accounting$9,344--$9,344
Travel$3,516--$3,516
Advertising$397--$397
All Other Expenses$175--$175
Other Employee Benefits$21--$21
Total Functional Expenses$8,349,179$0$0$8,349,179
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The annual form 990 is prepared by the staff of ridc and reviewed by its outside independent accounting firm. It is then presented to the board of directors prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Conflict of interest disclosure forms are distributed to the members of the board of directors and all employees each year. The conflict of interest forms are then returned to the secretary of the corporation. All conflict of interest forms are reviewed by the audit committee, as well as the executive committee of the board. The ridc president and ridc board chair are involved in the process, including review of form contents and identifying any individual areas of concern.”

Form 990, Part VI, Section B, Line 15

“Officers' salaries are reviewed annually by the executive committee. All other employees are reviewed by the president. Periodically, an independent consultant is used for determining employee compensation.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Ridc Regional Growth Fund
EIN
25-1495484
Phone
4124713939
Address
210 SIXTH AVENUE NO 3620, PITTSBURGH, PA 15222-2602

Signing Officer

Name
W Michael Saul
Title
Treasurer
Phone
4124713939
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
W Michael Saul
Formed
1985
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Sisterson & Co Llp
Address
310 GRANT STREET SUITE 2100, PITTSBURGH, PA 15219
Preparer
Michael M Comstock CPA
Phone
4122812025
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“As of december 31, 2016 and 2015, the corporation is unaware of any uncertain tax positions. The corporation's tax returns for years 2013 and beyond remain subject to examination by the internal revenue service.”

Raw XML AppendixShowing 400 of 822 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE REGIONAL GROWTH FUND WAS INCORPORATED IN 1985 TO PROMOTE EDUCATIONAL AND TRAINING PROGRAMS IN AREAS SUCH AS COMPUTER SCIENCE, ROBOTICS, MEDICAL INSTRUMENTATION, AND ADVANCED TECHNOLOGY BY PROVIDING FACILITIES AND FINANCING TO COLLEGES AND UNIVERSITIES IN SOUTHWESTERN PENNSYLVANIA. THE PRINCIPAL PROJECT OF THE REGIONAL GROWTH FUND IS THE MANAGEMENT AND DEVELOPMENT OF THE 2,800,000 SQUARE FOOT FORMER VOLKSWAGEN PLANT/SONY FACTORY LOCATED IN WESTMORELAND COUNTY, PENNSYLVANIA.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt822643
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt928976
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1022504
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1219094
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1317404
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1423295
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1514441
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1624942
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1725690
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1813649
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1923575
IRS990/Form990PartVIISectionAGrp/PersonNm0DONALD F SMITH JR
IRS990/Form990PartVIISectionAGrp/PersonNm1G REYNOLDS CLARK
IRS990/Form990PartVIISectionAGrp/PersonNm2DENNIS M JOYCE
IRS990/Form990PartVIISectionAGrp/PersonNm3MARK JAY KURTZROCK
IRS990/Form990PartVIISectionAGrp/PersonNm4SAMUEL J STEPHENSON
IRS990/Form990PartVIISectionAGrp/PersonNm5SARA DAVIS BUSS ESQUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm6ERIC CARTWRIGHT
IRS990/Form990PartVIISectionAGrp/PersonNm7WILLIAM C KIRK JR
IRS990/Form990PartVIISectionAGrp/PersonNm8COLLEEN B POREMSKI
IRS990/Form990PartVIISectionAGrp/PersonNm9TIMOTHY F WHITE
IRS990/Form990PartVIISectionAGrp/PersonNm10RONALD J COOMBS 11 TO 6302016
IRS990/Form990PartVIISectionAGrp/PersonNm11MARCIA L GRIMES ESQUIRE
IRS990/Form990PartVIISectionAGrp/PersonNm12MARK WESSEL
IRS990/Form990PartVIISectionAGrp/PersonNm13ADARRYL DREHER 51 TO 12312016
IRS990/Form990PartVIISectionAGrp/PersonNm14W MICHAEL SAUL
IRS990/Form990PartVIISectionAGrp/PersonNm15BARBARA SNOWBALL
IRS990/Form990PartVIISectionAGrp/PersonNm16BRAD KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm17DANIEL SHAREK
IRS990/Form990PartVIISectionAGrp/PersonNm18J JAMES PALOCHIK
IRS990/Form990PartVIISectionAGrp/PersonNm19D JOHNSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0364700
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7176732
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt887275
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt9188650
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10159349
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12176000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13101625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14100138
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15109277
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16117493
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17123530
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18102443
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt19101150
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIRMAN/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP - REAL ESTATE OP.
IRS990/Form990PartVIISectionAGrp/TitleTxt8CORPORATE SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9SENIOR VP - DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt10CFO/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt11ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt12SENIOR VP - STRATEGIC OP.
IRS990/Form990PartVIISectionAGrp/TitleTxt13ASSOCIATE VP - FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF LEASING
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR OF TECHNOLOGY LEASING
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF ENGINEERING SERV
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF CONSTRUCTION
IRS990/Form990PartVIISectionAGrp/TitleTxt19SENIOR DEVELOPMENT MANAGER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01985
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GovernmentGrantsAmt01179494
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07886606
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt014902
IRS990/InformationTechnologyGrp/TotalAmt014902
IRS990/InsuranceGrp/ProgramServicesAmt0124739
IRS990/InsuranceGrp/TotalAmt0124739
IRS990/InterestGrp/ProgramServicesAmt0111116
IRS990/InterestGrp/TotalAmt0111116
IRS990/InvestmentIncomeGrp/ExclusionAmt0767
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0767
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04639588
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017876554
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016405752
IRS990/LandBldgEquipCostOrOtherBssAmt021045340
IRS990/LegalDomicileStateCd0PA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt025072
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt025072
IRS990/MissionDesc0SUPPORT ORGANIZATION FOR RIDC OF SOUTHWESTERN PENNSYLVANIA, PROVIDING DIVERSIFIED ECONOMIC DEVELOPMENT SERVICES TO BUSINESS AND INDUSTRY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07926662
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt08269473
IRS990/NetAssetsOrFundBalancesBOYAmt012290460
IRS990/NetAssetsOrFundBalancesEOYAmt011827887
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010064
IRS990/OfficeExpensesGrp/TotalAmt010064
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01495513
IRS990/OtherAssetsTotalGrp/EOYAmt03785212
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt021
IRS990/OtherEmployeeBenefitsGrp/TotalAmt021
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1MAINTENANCE
IRS990/OtherExpensesGrp/Desc2IMPAIRMENT
IRS990/OtherExpensesGrp/Desc3REAL ESTATE TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt03654878
IRS990/OtherExpensesGrp/ProgramServicesAmt11501234
IRS990/OtherExpensesGrp/ProgramServicesAmt2166930
IRS990/OtherExpensesGrp/ProgramServicesAmt3115971
IRS990/OtherExpensesGrp/TotalAmt03654878
IRS990/OtherExpensesGrp/TotalAmt11501234
IRS990/OtherExpensesGrp/TotalAmt2166930
IRS990/OtherExpensesGrp/TotalAmt3115971
IRS990/OtherRevenueTotalAmt025072
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0506000
IRS990/OtherSalariesAndWagesGrp/TotalAmt0506000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0573582
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0250000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0W MICHAEL SAUL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1532000
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE & MANAGEMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06681073
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06681073
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01287013
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt053
IRS990/PYOtherExpensesAmt07370253
IRS990/PYOtherRevenueAmt046002
IRS990/PYProgramServiceRevenueAmt08110027
IRS990/PYRevenuesLessExpensesAmt01664827
IRS990/PYSalariesCompEmpBnftPaidAmt0408015
IRS990/PYTotalExpensesAmt07778268
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09443095
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-462573
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt057454
IRS990/SavingsAndTempCashInvstGrp/EOYAmt057516

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$21,952,034
Liabilities
$10,124,147
Net assets
$11,827,887
Revenue
$7,886,606
Expenses
$8,349,179
Net income
-$462,573
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$39.3$29.9$9.40$16.1$14.6$1.47
2023Detailed filing. Detailed filing data is available for this year.$41.1$31.2$9.92$17.5$14.6$2.89
2022Detailed filing. Detailed filing data is available for this year.$37.9$30.9$7.04$13.1$12.5$0.54
2021Detailed filing. Detailed filing data is available for this year.$36.7$30.2$6.49$9.95$11.3$1.33
2020Detailed filing. Detailed filing data is available for this year.$32.9$25.1$7.82$9.03$10.4$1.36
2019Detailed filing. Detailed filing data is available for this year.$35.2$26.0$9.18$7.33$10.2$2.84
2018Detailed filing. Detailed filing data is available for this year.$32.4$20.4$12.0$10.6$9.90$0.69
2017Detailed filing. Detailed filing data is available for this year.$31.9$20.6$11.3$7.71$8.21$0.50
2016Detailed filing. Detailed filing data is available for this year.$22.0$10.1$11.8$7.89$8.35$0.46
2015Detailed filing. Detailed filing data is available for this year.$23.3$11.0$12.3$9.44$7.78$1.66
2014Detailed filing. Detailed filing data is available for this year.$22.6$12.0$10.6$12.0$6.99$5.05
2013Detailed filing. Detailed filing data is available for this year.$14.6$8.98$5.57$8.63$4.34$4.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.54$4.11$0.43$2.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.08$0.00$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.08$0.00$0.00