Public Charity

RIDC MILL 19B

RIDC MILL 19B is a Public Charity headquartered in PITTSBURGH, PA. Financial data from the 2024 filing: $2.6M revenue, $3.1M expenses, $18.9M total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $2.7M.

EIN: 352617410 PITTSBURGH, PA Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$2.6M
Total Expenses$3.1M
Total Assets$18.9M
Grants Given3
Grant Total$2.7M
Filing Years2019–2024

Mission

RIDC MILL 19B SHALL BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AT ALL TIMES, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSYLVANIA BY REVIVING PROPERTY LESSENING NEIGHBORHOOD TENSIONS, LESSENING BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION BY DEVELOPING AN INDUSTRIAL DEVELOPMENT PROJECT AT A LOCATION WITHIN THE CITY OF PITTSBURGH, PENNSYLVANIA.

Where $100 goes at Ridc Mill 19B

How Ridc Mill 19B divides every $100 it spends, from its own Form 990 filings, averaged across 5 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
Ridc Mill 19B a non-profit corporation, was incorporated in 2018 to serve as a qualified low income community business("qalicb") entity that owns and operates the mill 19b building…
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

CONSTRUCTION MANAGER Buechli John
DIRECTOR OF COMMUNITY INVE Cooper Jeni
SENIOR VP - REAL ESTATE Goldstrom Michael
DIRECTOR, ASSET MANAGEMENT Heinricher Michael
CORPORATE SECRETARY Hobbes Jason W
DIRECTOR/VICE CHAIRMAN Hunt William

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,745,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.6M $3.1M $18.9M
2023 $2.7M $3.2M $19.8M
2022 $3.2M $2.3M $20.6M
2020 $3.4M $1.4M $21.3M
2019 $2.5M $3.5M $21.3M

Between 2019 and 2024, reported annual revenue grew from $2.5M to $2.6M (+3%), with total assets most recently reported at $18.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in PA.

PA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for RIDC MILL 19B

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