EIN 25-1636676

Regional Economic Development Corporation of SW Pa

Name: Regional Economic Development Corporation of SW Pa financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

Programs|Personnel|Financials|Form 990s|Peers

IRS 501(c) type

501(c)(3)

Num. employees

City

Pittsburgh

State

Pennsylvania

Year formed

1990

Most recent tax filings

2023-12-01

NTEE code, primary

S31: Urban, Community Economic Development

Description

Regional Economic Development Corporation of SW Pa was established to promote community development in Southwestern Pennsylvania through various activities, including operating a revolving loan fund. The corporation plans to accumulate funds and make them available to qualified businesses and development organizations throughout the region to create jobs and promote economic growth.

Related structure

Regional Economic Development Corporation of SW Pa is a subordinate organization under Regional Industrial Development Corp of Southwestern Pennsylvania.

Also known as...

The Ridc Fund for Economic Growth; Regional Economic Development Corporation of Southwestern Pennsy

Total revenues

$41,923

2023

Total expenses

$32,100

2023

Total assets

$5,468,104

2023

Num. employees

2023

Program areas at Regional Economic Development Corporation of SW Pa

The Regional Economic Development Corporation of SW Pa plans to accumulate a pool of funds, which will be made available to qualified businesses and other Development organizations throughout the region to achieve the desired result of creating jobs and promoting industrial growth in economically depressed areas.

Personnel at Regional Economic Development Corporation of SW Pa

Name	Title	Compensation	Date of data
Joyce Dennis M	Chief Operating Officer	$0	2022-12-31
White Timothy F	Senior Vice President - Development	$0	2022-12-31
Timothy White	Senior Vice President, Business Development and Strategy	$0	2024-02-18
Goldstrom Michael	Senior Vice President - Real Estate	$0	2022-12-31
Mike Goldstrom	Senior Vice President, Real Estate		2024-02-18
...and 42 more key personnel

Financials for Regional Economic Development Corporation of SW Pa

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$0	$2,058,881	-100%
Program services	$3,170	$0	999%
Investment income and dividends	$38,753	$33,737	14.9%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$441,119	-100%
Total revenues	$41,923	$2,533,737	-98.3%

Form 990s for Regional Economic Development Corporation of SW Pa

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-15	990	View PDF
2022-12	2023-11-14	990	View PDF
2021-12	2022-11-14	990	View PDF
2020-12	2021-11-08	990	View PDF
2019-12	2021-04-02	990	View PDF
...and 10 more Form 990s

Organizations like Regional Economic Development Corporation of SW Pa

Organization	Type	Location	Revenue
Fulton Area Development Foundation	501(c)(3)	Fulton, MO	$134,197
Buffalo Brownfield Restoration Corporation	501(c)(3)	Buffalo, NY	$34,755
Wake Forest Innovation Quarter CDC	501(c)(3)	Winstonsalem, NC	$75,240
Go-Edc Foundation	501(c)(3)	Oshkosh, WI	$141,093
Economic Development Alliance of Southern Ohio	501(c)(3)	Chillicothe, OH	$109,448
62 Market Street	501(c)(3)	Wailuku, HI	$113,379
Hope Revitalization Corporation	501(c)(3)	New Orleans, LA	$23,400
HCPI Development Fund Central Baltimore Future Fund	501(c)(3)	Baltimore, MD	$176,805
Ranken Community Development Corporation	501(c)(3)	Saint Louis, MO	$59,703
Downtown Evansville - Community Development Corporation	501(c)(3)	Evansville, IN	$78,649

Data update history

February 19, 2024

Updated personnel

Identified 17 new personnel

January 24, 2024

Posted financials

Added Form 990 for fiscal year 2022

January 24, 2024

Updated personnel

Identified 5 new personnel

July 15, 2023

Posted financials

Added Form 990 for fiscal year 2021

July 5, 2023

Updated personnel

Identified 6 new personnel

Nonprofit Types

Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities

Issues

Community improvementEconomic development

Characteristics

State / local levelTax deductible donationsNo full-time employeesAccepts online donations

General information

Address: 267 Kappa Dr; Pittsburgh, PA 15238
Metro area: Pittsburgh, PA
County: Allegheny County, PA
Website URL: ridc.org/
Phone: (412) 315-6440

IRS details

EIN: 25-1636676
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 1990
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: Subordinate organization

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Regional Economic Development Corporation of SW Pa

Program areas at Regional Economic Development Corporation of SW Pa

Personnel at Regional Economic Development Corporation of SW Pa

Financials for Regional Economic Development Corporation of SW Pa

Form 990s for Regional Economic Development Corporation of SW Pa

Organizations like Regional Economic Development Corporation of SW Pa

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