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EIN 25-1495484

Regional Industrial Development Corporation (RIDC)

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Pittsburgh
State
Pennsylvania
Year formed
1985
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
To catalyze and support economic growth and high quality job creation through real estate development and finance of projects that advance the public interest.
Related structure
Also known as...
The Ridc Regional Growth Fund
Total revenues
$17,522,772
2023
Total expenses
$14,634,278
2023
Total assets
$41,082,912
2023
Num. employees
0
2023

Program areas at RIDC

The Regional Growth Fund was incorporated in 1985 to promote educational and training programs in areas such as computer science, robotics, medical instrumentation, and advanced technology by providing facilities and financing to colleges and universities in southwestern Pennsylvania. The principal project of The Regional Growth Fund is The management and development of The 2,800,000 square foot former volkswagen plant/sony factory located in westmoreland county, Pennsylvania.

Personnel at RIDC

NameTitleCompensation
Joyce Dennis MChief Operating Officer$0
Timothy WhiteSenior Vice President , Business Development and Strategy$0
Goldstrom MichaelSenior Vice President - Real Estate$0
Mike GoldstromSenior Vice President , Real Estate
Donald F. SmithPresident$0
...and 45 more key personnel

Financials for RIDC

RevenuesFYE 12/2023
Total grants, contributions, etc.$955,302
Program services$16,554,674
Investment income and dividends$3,993
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$8,803
Total revenues$17,522,772

Form 990s for RIDC

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-08990View PDF
2019-122021-03-02990View PDF
...and 10 more Form 990s
Data update history
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 4 new personnel
January 1, 2024
Used new vendors
Identified 1 new vendor, including
October 6, 2023
Updated personnel
Identified 10 new personnel
August 6, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Receives government fundingTax 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) 471-3939
Twitter profile
@ridc_swpa 
IRS details
EIN
25-1495484
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1985
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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