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EIN 25-1188760

Spedd

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Vandergrift
State
Pennsylvania
Year formed
1967
Most recent tax filings
2023-06-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
To increase employment opportunities and improve deteriorating neighborhoods in western Pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.
Total revenues
$3,034,418
2023
Total expenses
$2,751,614
2023
Total assets
$28,692,805
2023
Num. employees
3
2023

Program areas at Spedd

Assist small businesses throughout the region with the creation and retention of jobs through programs which provide them with management assistance, executive recruitment, beneficial below-market leasing structures, business to business networking and procurement of both private and public funding. Spedd currrently operates ten facilities housing more than fifty business tenants.

Personnel at Spedd

NameTitleCompensation
Jerome D LombardiPresident , Chief Executive Officer$226,718
Lynn CampbellVice President$50,856

Financials for Spedd

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$2,849,600
Investment income and dividends$179,840
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,978
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,034,418

Form 990s for Spedd

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-31990View PDF
2022-062023-02-06990View PDF
2021-062022-02-26990View PDF
2020-062021-04-06990View PDF
2019-062021-04-05990View PDF
...and 11 more Form 990s
Data update history
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 16, 2023
Updated personnel
Identified 1 new personnel
June 23, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic developmentBusiness and industry
Characteristics
State / local levelTax deductible donations
General information
Address
1129 Industrial Park Rd Ste 119
Vandergrift, PA 15690
Metro area
Pittsburgh, PA
County
Armstrong County, PA
IRS details
EIN
25-1188760
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1967
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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