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Hilltop Economic Development Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208833831 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Hilltop Economic Development Corp?

Hilltop Economic Development Corp, situated in Pittsburgh, Pennsylvania, serves as a community resource committed to enhancing and developing the Brownsville Road Business District and surrounding neighborhoods. Collaborating with Mt. Oliver Borough and the Hilltop Alliance, the organization completes real estate development projects and designs and implements programs tailored for businesses within the area to promote growth and strengthen the local economy.


Official website here: www.mtoliver.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Stars

Hilltop Economic Development Corp has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and financial health. The overall score is primarily based on its performance in the Accountability & Finance beacon, where the organization excelled in several key areas. The charity boasts a fully independent board, with 100% of its members independent, and scores full points for its material diversion of assets, indicating strong financial integrity.

In terms of organizational strengths, Hilltop Economic Development Corp has demonstrated excellent governance practices by ensuring that all board meeting minutes are documented and accessible. Additionally, the charity maintains a conflict of interest policy, contributing to its transparency and ethical management. It also shows a remarkable program expense ratio of 100.00%, reflecting a strong commitment to utilizing its resources for programmatic purposes.

Despite these strengths, there are some areas for improvement. Notably, the organization lacks a whistleblower policy and a document retention and destruction policy, both of which are important for safeguarding the interests of the organization and its stakeholders. Addressing these gaps could further enhance the nonprofit's governance framework and overall accountability.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Hilltop Economic Development Corp?

84% of 10 reviewers on Facebook recommend Hilltop Economic Development Corp. Here is a summary of their reviews:

Some users express a desire for more diverse businesses in the area, such as a bakery or a Dairy Queen, reflecting a hope for economic growth and community engagement. While certain establishments like antique stores, Ace Hardware, and local barber shops have received positive mentions, there are indications of a yearning for additional services that might appeal to families and children.

Overall, while there is some enthusiasm for existing businesses, there is a palpable interest in seeing further development and enhancement of local offerings, suggesting that the nonprofit has room for growth in fulfilling the community’s needs.


This AI summary has been generated from reviews found on Facebook.

Is Hilltop Economic Development Corp legitimate?

Hilltop Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hilltop Economic Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mtoliver.com

What is the mission statement of Hilltop Economic Development Corp?

The Hilltop Economic Development Corp serves as a community resource, with a mission to strengthen and develop the Brownsville Road business district and surrounding neighborhoods. They collaborate with Mt. Oliver Borough and the Hilltop Alliance to complete real estate development projects and design and implement programs to support local businesses. In essence, their goal is to contribute to the growth and enhancement of the business district, working closely with local alliances to achieve this objective.


Official website here: www.mtoliver.com

Who is the CEO of Hilltop Economic Development Corp?

Rick Hopkinson is the Board Member of Hilltop Economic Development Corp.


Official website here: www.mtoliver.com

What is the revenue of Hilltop Economic Development Corp?

Hilltop Economic Development Corp's revenue in 2022 was $475,644.


Official website here: www.mtoliver.com

Who are the executives of Hilltop Economic Development Corp and what are their salaries?


Here are 6 key members and their salaries:


Aaron Graham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Reft (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Taylor (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Hopkinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruthann L Omer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Viale (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mtoliver.com

Where can I find the form 990 for Hilltop Economic Development Corp?

Hilltop Economic Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mtoliver.com

Learn more at the official website: www.mtoliver.com

Mission Statement of Hilltop Economic Development Corp

Hilltop Economic Development Corp, serving as a community resource, is dedicated to strengthening and developing the Brownsville Road business district and neighboring areas. The organization collaborates with Mt. Oliver Borough and the Hilltop Alliance to accomplish real estate development projects and design and implement programs for businesses. Their mission is to contribute positively to the local economy and community by fostering growth and development in the specified business district. The Hilltop Economic Development Corp aims to enhance the area's appeal, attract new businesses, and support existing ones, ultimately improving the overall well-being of the community.

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Impact




July, 2024

Hilltop Economic Development Corp's impact can be seen in the revitalization and strengthening of the Brownsville Road business district and surrounding neighborhoods in Pittsburgh, PA. By working closely with Mt. Oliver Borough and the Hilltop Alliance, HEDC has successfully completed real estate development projects and implemented programs to support local businesses. Through their efforts, they have contributed to the overall improvement of the community and have played a significant role in driving economic growth and development in the area.




This information is meant to be a general summary of Hilltop Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$475,644 (2022)
Expenses
$551,725 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,834
  • Gross Receipts: $475,644

Assets and Liabilities:

  • Total Assets: $27,099
  • Total Liabilities: $0
  • Net Assets: $27,099

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM APPLICATION FEES

Revenue

$1,800

MISCELLANEOUS

Revenue

$1,000

SALE OF MERCHANDISE

Revenue

$34

Organization Details

Principal Officer

Rick Hopkinson

Main Address

150 BROWNSVILLE ROAD, PITTSBURGH, PA, 15210

NTEE Category

Code: S40 - Community improvement

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