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EIN 25-1603768

Ridc of Southwestern Pennsylvania Growth Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Pittsburgh
State
Pennsylvania
Year formed
1989
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
The Ridc of Southwestern Pennsylvania Growth Fund operates for charitable, scientific testing, literary, educational training, community development, community conservatism, and other public service purposes permitted by Section 501(c)(3) of the Internal Reve. It provides support to an exempt regional economic development organization in an effort to provide business expansion and job opportunities in depressed communities by adaptive re-use development of underutilized manufacturing facilities.
Related structure
Ridc of Southwestern Pennsylvania Growth Fund is a subordinate organization under Regional Industrial Development Corp of Southwestern Pennsylvania.
Total revenues
$16,116,168
2022
Total expenses
$12,295,559
2022
Total assets
$113,446,644
2022
Num. employees
0
2022

Program areas at Ridc of Southwestern Pennsylvania Growth Fund

This organization provides support to an exempt regional economic development organization in an effort to provide business expansion and job opportunities in depressed communities by adaptive re-use development of underutilized manufacturing facilities.

Who funds Ridc of Southwestern Pennsylvania Growth Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Richard King Mellon FoundationTo Redevelop the Former Alcoa Industrial Facility in New Kensington for Re: Build Manufacturing$2,941,119
Regional Economic Development Corporation of SW PaRedevelopment of the Former Alcoa Industrial Facility$2,058,881
Ridc LTC 48General Operating Use$685,000
...and 2 more grants received

Personnel at Ridc of Southwestern Pennsylvania Growth Fund

NameTitleCompensation
Donald F. Smith, JR.President$0
Joyce Dennis MChief Operating Officer$0
White Timothy FSenior Vice President - Development$0
Goldstrom MichaelSenior Vice President - Real Estate$0
Mike GoldstromSenior Vice President, Real Estate
...and 43 more key personnel

Financials for Ridc of Southwestern Pennsylvania Growth Fund

RevenuesFYE 12/2022
Total grants, contributions, etc.$10,874,823
Program services$2,664,304
Investment income and dividends$2,577,041
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$16,116,168

Form 990s for Ridc of Southwestern Pennsylvania Growth Fund

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-08990View PDF
2019-122021-03-02990View PDF
2018-122020-01-28990View PDF
...and 11 more Form 990s
Data update history
January 17, 2024
Updated personnel
Identified 2 new personnel
January 11, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 11, 2024
Updated personnel
Identified 2 new personnel
December 31, 2023
Received grants
Identified 3 new grant, including a grant for $2,941,119 from Richard King Mellon Foundation
December 28, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsChapter / child organizationsCharities
Issues
HealthDiseases and disordersCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employees
General information
Address
267 Kappa Dr
Pittsburgh, PA 15238
Metro area
Pittsburgh, PA
Website URL
ridc.org/ 
Phone
(412) 315-6440
IRS details
EIN
25-1603768
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Subordinate organization
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