Public Charity

RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND

Based in PITTSBURGH, PA, RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND operates as a Public Charity. The organization reported $5.0M in revenue, $9.7M in expenses, $126.8M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $8.9M.

EIN: 251603768 PITTSBURGH, PA Latest filing: 2024
Total Revenue$5.0M
Total Expenses$9.7M
Total Assets$126.8M
Grant Records11
Funding Total$8.9M
Filing Years2019–2024

Mission

OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC TESTING FOR PUBLIC SAFETY, LITERARY, EDUCATIONAL TRAINING, COMMUNITY DEVELOPMENT, COMMUNITY CONSERVATISM, AND OTHER PUBLIC SERVICE PURPOSES PERMITTED WITHIN THE SCOPE OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

Where $100 goes at Ridc of Southwestern Pennsylvania Growth Fund

How Ridc of Southwestern Pennsylvania Growth Fund divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
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…
All program spending
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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

SENIOR CONSTRUCTION MANAGE 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.

Top Grant Purposes

General Support
$6,800,000 10 grants
Unspecified
$2,058,881 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $5.0M $9.7M $126.8M
2023 $10.1M $15.7M $117.5M
2022 $16.1M $12.3M $113.4M
2020 $5.8M $5.7M $90.7M
2019 $3.8M $4.8M $87.4M

Between 2019 and 2024, reported annual revenue grew from $3.8M to $5.0M (+31%), with total assets most recently reported at $126.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND

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