Civic Intelligence

Premier Investment Corporation

EIN 25-1608330 • 501(c)2 • Pittsburgh, PA

Profile

The sole purpose of this entity is to produce income that is paid out in dividends to the raymond and elizabeth bloch charitable and educational foundation. This corporation is owned soley by the foundation. The sole operating asset is residential rental property.

603 Frick BuildingSuitePittsburgh, PA 15219

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)2 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)2 • <$500k nonprofits • Source year 2014

Net Margin

88th percentile

88%

Higher net margin than 88% of similar nonprofits.

501(c)2 • <$500k nonprofits • Source year 2014

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)2 • <$500k nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$165,352

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

$165,352

No earlier filing loaded for comparison.

Revenue

$7,913

No earlier filing loaded for comparison.

Expenses

$985

No earlier filing loaded for comparison.

Net Income

$6,928

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2014: $165,352Liabilities 2014: $0Net Assets 2014: $165,3522014

Highlighted filing

2014

Assets$165,352
Liabilities$0
Net Assets$165,352

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0K$6.0K$4.0K$2.0K$0Revenue 2014: $7,913Expenses 2014: $985Net Income 2014: $6,9282014

Highlighted filing

2014

Revenue$7,913
Expenses$985
Net Income$6,928

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2014Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.08$0.01$0.07
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 30, 2015
Return Version
2014v5.0
Gross Receipts
$138,183
Mission and Program Overview

Mission

The sole purpose of this entity is to produce income that is paid out in dividends to the raymond and elizabeth bloch charitable and educational foundation. This corporation is owned soley by the foundation. The sole operating asset is residential rental property.

To provide income to support an educational and charitable foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$490,395$490,395→ $0
Land, Buildings, and Equipment, Net$163,660$145,352▼ $18,308
Savings and Temporary Cash Investments$14,764$20,000▲ $5,236
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-311,971$-325,043▼ $13,072
Total Assets$178,424$165,352▼ $13,072
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$178,424$165,352▼ $13,072
Total Liabilities and Net Assets / Fund Balance$178,424$165,352▼ $13,072

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$22,426$377,574-
Land$84,000--
Equipment$0$32,082-
Leasehold Improvements$38,926$100,938-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bernard L BlochPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$9
Other Revenue
$7,904
Change in Net Assets
$6,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$985
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$985-$985
Total Functional Expenses$0$985$0$985
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Answer to Questions in Part VI

The sole stockholder of this entity is the raymond and elizabeth bloch educational and charitable foundation. The trustee of the foundation also serves as president of this corporation.

Filing and Contact Details

Filer

Filer Name
Premier Investment Corporation
EIN
25-1608330
In Care Of
% BOOKKEEPER
Address
603 FRICK BUILDING, Suite, PITTSBURGH, PA 15219

Signing Officer

Name
Bernard Bloch
Title
President
Phone
4122815457
Signed
2015-04-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bernard L Bloch
Formed
1989
Legal Domicile
Pa
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
KFMR Katz Ferraro McMurtry PC
Address
223 Fourth Avenue Suite 300, Pittsburgh, PA 15222
Preparer
Joel W Katz CPA
Phone
4122815457
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