Civic Intelligence

Brentwood Economic Development Corp

EIN 25-1780107 • 501(c)3 • Pittsburgh, PA

Profile

Economic development south (eds) is a multi-municipal, corridor-based community development corporation that encompasses a significant portion of the south pittsburgh/south hills region of allegheny county. Combined, our communities total nearly 13,000 residents and over 4,000 businesses.our coalition of communities have come together to positively impact our shared commercial corridors - route 51 (saw mill run blvd.) and brownsville road, most notably. This approach is the thread that binds our communities together - based on a shared interest and benefit in the redevelopment and revitalization of these commercial and transportation corridors.

4201 Brownsville RoadPittsburgh, PA 15227

www.economicdevelopmentsouth.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

5th percentile

-299%

Higher net margin than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

5th percentile

-97%

Faster revenue growth than 5% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$0

Down $173,411 (-100%) from 2020

Liabilities

Down

$0

Down $92,845 (-100%) from 2020

Net Assets

Down

$0

Down $80,566 (-100%) from 2020

Revenue

Down

$35,917

Down $1,198,984 (-97%) from 2020

Expenses

Down

$143,296

Down $763,542 (-84%) from 2020

Net Income

Down

-$107,379

Down $435,442 (-133%) from 2020

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $528,976Liabilities 2015: $59Net Assets 2015: $528,9172015Assets 2016: $813,465Liabilities 2016: $656Net Assets 2016: $812,8092016Assets 2017: $820,961Liabilities 2017: $157,641Net Assets 2017: $663,3202017Assets 2018: $1,389,415Liabilities 2018: $655,901Net Assets 2018: $733,5142018Assets 2019: $691,100Liabilities 2019: $590,785Net Assets 2019: $100,3152019Assets 2020: $173,411Liabilities 2020: $92,845Net Assets 2020: $80,5662020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2021

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $799,398Expenses 2015: $725,757Net Income 2015: $73,6412015Revenue 2016: $1,264,376Expenses 2016: $980,484Net Income 2016: $283,8922016Revenue 2017: $1,463,376Expenses 2017: $1,612,865Net Income 2017: -$149,4892017Revenue 2018: $1,612,708Expenses 2018: $1,542,516Net Income 2018: $70,1922018Revenue 2019: $1,299,678Expenses 2019: $1,932,877Net Income 2019: -$633,1992019Revenue 2020: $1,234,901Expenses 2020: $906,838Net Income 2020: $328,0632020Revenue 2021: $35,917Expenses 2021: $143,296Net Income 2021: -$107,3792021

Highlighted filing

2021

Revenue$35,917
Expenses$143,296
Net Income-$107,379

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$187,446
Mission and Program Overview

Mission

Economic development south (eds) is a non-profit community and economic development corporation governed by a board of directors comprised of leading local civic and business leaders from the brentwood, baldwin, whitehall, carrick, overbrook, mt. Oliver, pleasant hills, jefferson hills, and brookline communities of allegheny county. Eds provides professional planning and economic development assistance, while focusing on the redevelopment of the major commercial corridors that serve our neighborhoods. Eds is committed to raising regional awareness of our community and the issues we face. Eds is committed to facilitating investment and reinvestment, creating jobs, and enhancing the competitiveness of the area. Eds engages in activities and initiatives that seek to reinforce and revitalize local commercial districts, while encouraging long-term, sustainable investment in our neighborhoods. By virtue of its contractual obligations and composition of the board of directors.

To strengthen our business and residential communities by building innovative partnerships.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$79,081$0▼ $79,081
Cash and Non-Interest-Bearing Accounts$71,931$0▼ $71,931
Other Notes and Loans Receivable, Net$22,399$0▼ $22,399
Savings and Temporary Cash Investments-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$173,411$0▼ $173,411
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$92,845--
Total Liabilities$92,845$0▼ $92,845
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$80,566$0▼ $80,566
Total Net Assets Fund Balance$80,566$0▼ $80,566
Total Liabilities and Net Assets / Fund Balance$173,411$0▼ $173,411
Compensation and Service Providers

Board Members and Trustees

NameTitle
John SlaterChairman
Glenn NagyVice Chairman
Joey-linn UlrichExecutive Director
Jeff GolvashDirecrtor
R Tony KurtaDirecrtor
Rick HopkinsonDirecrtor
Ruthann OmerSecretary
Marty MachiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$180,589
Program Service Revenue
$6,784
Investment Income
$-151,456
Other Revenue
$0
Change in Net Assets
$-107,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$128,966
Salaries, Compensation, and Employee Benefits$14,330
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$31,544--$31,544
Other Salaries and Wages$12,436--$12,436
Occupancy$5,182--$5,182
All Other Expenses$4,872--$4,872
Other Expenses$4,343--$4,343
Payroll Taxes$1,894--$1,894
Advertising$1,667--$1,667
Fees for Services Other$796--$796
Interest$76--$76
Total Functional Expenses$143,296$0$0$143,296
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
Insider Transactions and Loans

Loans and Receivables

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

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
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
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The form 990 is reviewed by the executive director and the organization's officers before signing and filing the return.

Form 990, Part VI, Section C, Line 19

The orgaization's bylaws, policiy and procedure documents are available by request at the office of the organization.

Filing and Contact Details

Filer

Filer Name
Brentwood Economic Development Corp
EIN
25-1780107
Phone
4128841400
Address
4201 BROWNSVILLE ROAD, PITTSBURGH, PA 15227

Signing Officer

Name
Joey-linn Ulrich
Title
Executive Director
Phone
4128841400
Signed
2022-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joey-linn Ulrich
Formed
1995
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Goff Backa Alfera & Company LLC
Address
3325 SAW MILL RUN BLVD SUITE 200, PITTSBURGH, PA 15227-2736
Preparer
Robert J Mckown CPA
Phone
4128855045
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Prior period adjustment 26,813.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Gain loss on disposals of assets

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Gain loss on disposals of assets

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IRS990/MissionDesc0ECONOMIC DEVELOPMENT SOUTH (EDS) IS A MULTI-MUNICIPAL, CORRIDOR-BASED COMMUNITY DEVELOPMENT CORPORATION THAT ENCOMPASSES A SIGNIFICANT PORTION OF THE SOUTH PITTSBURGH/SOUTH HILLS REGION OF ALLEGHENY COUNTY. COMBINED, OUR COMMUNITIES TOTAL NEARLY 13,000 RESIDENTS AND OVER 4,000 BUSINESSES.OUR COALITION OF COMMUNITIES HAVE COME TOGETHER TO POSITIVELY IMPACT OUR SHARED COMMERCIAL CORRIDORS - ROUTE 51 (SAW MILL RUN BLVD.) AND BROWNSVILLE ROAD, MOST NOTABLY. THIS APPROACH IS THE THREAD THAT BINDS OUR COMMUNITIES TOGETHER - BASED ON A SHARED INTEREST AND BENEFIT IN THE REDEVELOPMENT AND REVITALIZATION OF THESE COMMERCIAL AND TRANSPORTATION CORRIDORS.
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0180589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01191139
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01271484
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01588721
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01457493
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05689426
IRS990ScheduleA/TotalSupportAmt05697376
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GAIN LOSS ON DISPOSALS OF ASSETS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GAIN LOSS ON DISPOSALS OF ASSETS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd01
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CHECKING/SAVINGS ACCOUNTS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0BRENTWOOD BUSINESS OWNERS ASSOCIATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1HILLTOP ECONOMIC DEVELOPMENT CORPORATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt2MON VALLEY INITIATIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02021-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12021-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt22021-12-31
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0251884157
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN1208833831
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN2251591350
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt020000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt120000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt220000
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0501(C)6
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)3
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2BOOK VALUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt03325 SAW MILL RUN BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1150 BROWNSVILL ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2303-305 EAST EIGHTH AVENUE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0PITTSBURGH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1PITTSBURGH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2HOMESTEAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0PA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1PA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2PA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd015227
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd115210
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd215120
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE ORGANIZATION'S OFFICERS BEFORE SIGNING AND FILING THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGAIZATION'S BYLAWS, POLICIY AND PROCEDURE DOCUMENTS ARE AVAILABLE BY REQUEST AT THE OFFICE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT 26,813.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt0173411
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0173411
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0180589
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0143296
IRS990/TotalFunctionalExpensesGrp/TotalAmt0143296
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt092845
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt092845
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt080566
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0143296
IRS990/TotalProgramServiceRevenueAmt06784
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-144672
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt035917
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0173411
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04232 BROWNSVILLE ROAD SUITE 137
IRS990/USAddress/CityNm0PITTSBURGH
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd015227
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.ECONOMICDEVELOPMENTSOUTH.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOEY-LINN ULRICH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum04128841400
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRENTWOOD ECONOMIC DEVELOPMENT CORP

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