Mission
SUPPORT ORGANIZATION FOR RIDC OF SOUTHWESTERN PENNSYLVANIA, PROVIDING DIVERSIFIED ECONOMIC DEVELOPMENT SERVICES TO BUSINESS AND INDUSTRY.
Public Charity
THE RIDC REGIONAL GROWTH FUND
THE RIDC REGIONAL GROWTH FUND is a nonprofit organization categorized as Public Charity based in PITTSBURGH, PA. Its most recent IRS filing (2024) reports revenue of $16.1M, expenses of $14.6M, total assets of $39.3M.
EIN: 251495484
PITTSBURGH, PA
Economic Development
NTEE: S30
Latest filing: 2024
Total Revenue$16.1M
Total Expenses$14.6M
Total Assets$39.3M
Grant Records0
Filing Years2019–2024
Where $100 goes at The Ridc Regional Growth Fund
How The Ridc Regional Growth Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$94
Programs
the work itself
$6
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $94 for programs
$94
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…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CONSTRUCTION MANAGER
Buechli John
DIRECTOR OF COMMUNITY INVE
Cooper Jeni
DIRECTOR
Giovannitti Jennifer
SENIOR VP - REAL ESTATE
Goldstrom Michael
DIRECTOR, ASSET MANAGEMENT
Heinricher Michael
CORPORATE SECRETARY
Hobbes Jason W
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $16.1M | $14.6M | $39.3M |
| 2023 | $17.5M | $14.6M | $41.1M |
| 2022 | $13.1M | $12.5M | $37.9M |
| 2020 | $9.0M | $10.4M | $32.9M |
| 2019 | $7.3M | $10.2M | $35.2M |
Between 2019 and 2024, reported annual revenue grew from $7.3M to $16.1M (+119%), with total assets most recently reported at $39.3M.
Interactive year-over-year charts and full filing details available with membership.