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EIN 85-0976761

Invest PGH

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Pittsburgh
State
Pennsylvania
Year formed
2020
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Invest PGH is a nonprofit and community development financial institution (CDFI) organization that aids small business and affordable housing initiatives throughout the city of Pittsburgh. The organization seeks to fundraise and provide capital, preserve affordable housing units in the Pittsburgh region, and create affordable homeownership opportunities through lending support to the community and socially-driven developers. Invest PGH offers micro-enterprise and Abel loan programs to achieve its goals.
Total revenues
$1,046,235
2023
Total expenses
$615,713
2023
Total assets
$7,321,464
2023
Num. employees
0
2023

Program areas at Invest PGH

Invest PGH aims to provide small business lending in the city of pittsburgh. Under its microenterprise and abel loan programs, the organization executed several loans with various borrowers with original principal amounts varying between 5,000 and 150,000. Under its crib loan program, the organization executed several loans with various borrowers with original principal amounts varying between 5,000 and 25,000.

Grants made by Invest PGH

GranteeGrant descriptionAmount
La Escuelita ArcoirisLoan for Small Busin$20,000
Project DestinyLoan for Small Busin$20,000
Hug Me Tight Childlife CentersLoan for Small Busin$20,000
...and 2 more grants made

Who funds Invest PGH

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Pennsylvania Cdfi NetworkSsbci Allocation$15,000

Personnel at Invest PGH

NameTitleCompensation
Diamonte WalkerChief Executive Officer$0
Rebecca Davidson-WagnerPresident and Chief Executive Officer$0
Maelene MyersVice Chairperson$0
Vernard AlexanderSecretary$0
Matthew MadiaTreasurer$0
...and 1 more key personnel

Financials for Invest PGH

RevenuesFYE 12/2023
Total grants, contributions, etc.$894,134
Program services$132,910
Investment income and dividends$19,191
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,046,235

Form 990s for Invest PGH

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-08990View PDF
2022-122023-09-18990View PDF
2021-122022-08-16990View PDF
2020-122021-06-24990View PDF
Data update history
September 22, 2024
Used new vendors
Identified 2 new vendors, including , and
July 15, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from Pennsylvania Cdfi Network
October 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 16, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
412 Blvd of the Allies Ste 90
Pittsburgh, PA 15219
Metro area
Pittsburgh, PA
County
Allegheny County, PA
Website URL
investpgh.org/ 
Phone
(412) 255-6588
IRS details
EIN
85-0976761
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
522120: Savings Institutions
Parent/child status
Central organization
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