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Pgh Development Corporation

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

EIN: 232351015 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pgh Development Corporation?

Pgh Development Corporation is a nonprofit organization that plays a crucial role in supporting the health and educational initiatives of the University of Pennsylvania and the Children's Hospital of Philadelphia. By developing and servicing certain access areas, common grounds, and parking facilities for healthcare and research facilities, this organization contributes to the smooth operation of these vital institutions. Although not explicitly mentioned in the information, it can be inferred that Pgh Development Corporation aims to enhance the overall infrastructure and accessibility of these facilities, thereby contributing to the advancement of healthcare and research.

Is Pgh Development Corporation legitimate?

Pgh Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pgh Development Corporation 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

What is the mission statement of Pgh Development Corporation?

Pgh Development Corporation is committed to supporting the health and educational initiatives of the University of Pennsylvania and the Children's Hospital of Philadelphia. Their mission involves developing and maintaining necessary access areas, common grounds, and parking facilities for healthcare and research facilities. Essentially, they contribute to the advancement of healthcare and research by providing the necessary infrastructure.

Who is the CEO of Pgh Development Corporation?

Craig Carnaroli is the President of Pgh Development Corporation.

What is the revenue of Pgh Development Corporation?

Pgh Development Corporation's revenue in 2022 was $905,518.

Who are the executives of Pgh Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


Craig Carnaroli (President)
  • Compensation: $0
  • Related: $2,317,615
  • Other: $801,659
Doug Hock (Vice President)
  • Compensation: $0
  • Related: $2,692,789
  • Other: $66,120
Thomas J Todorow (President)
  • Compensation: $0
  • Related: $2,241,703
  • Other: $57,829
Jeffrey Kahn (Former Treasurer)
  • Compensation: $0
  • Related: $1,900,113
  • Other: $67,661
Lee Dobkin Esq (Former Secretary)
  • Compensation: $0
  • Related: $920,649
  • Other: $47,345
Anne Papageorge (Secretary)
  • Compensation: $0
  • Related: $631,551
  • Other: $63,223
Donald Moore (Treasurer)
  • Compensation: $0
  • Related: $515,717
  • Other: $14,279
Where can I find the form 990 for Pgh Development Corporation?

Pgh Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pgh Development Corporation

The Pittsburgh Development Corporation, often abbreviated as PGH Development Corporation, plays a crucial role in supporting the health and educational activities of two prominent institutions: the University of Pennsylvania and the Children's Hospital of Philadelphia. In line with its mission, the organization develops and manages various access areas, common grounds, and parking facilities for these healthcare and research facilities. By doing so, PGH Development Corporation contributes to the smooth operation of these vital entities, enabling them to focus on their primary objectives of advancing medical knowledge and providing top-notch healthcare services. This support extends to the development of infrastructure, ensuring that these institutions have the necessary facilities to conduct their research and provide care to patients.

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Impact




October, 2024

PGH Development Corporation plays a crucial role in enhancing healthcare and educational services in Philadelphia, primarily by supporting the University of Pennsylvania and the Children's Hospital of Philadelphia. It is instrumental in developing and maintaining access areas, common grounds, and parking facilities that facilitate the operation of these vital institutions. By optimizing these essential services, PGH Development Corporation not only improves accessibility for patients and families but also contributes to the overall effectiveness of healthcare delivery and research activities in the region. Its efforts directly impact the health sector, ensuring that the educational and medical needs of the community are met with efficiency and care.




This information is meant to be a general summary of Pgh Development Corporation. 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
$905,518 (2022)
Expenses
$1,461,807 (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: $905,037
  • Gross Receipts: $905,518

Assets and Liabilities:

  • Total Assets: $8,745,713
  • Total Liabilities: $346,141
  • Net Assets: $8,399,572

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Programs

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

PARTICIPANT LEASE PERMIT REVENUE

Revenue

$905,037

Organization Details

Founding Year

1985

Principal Officer

Craig Carnaroli

Main Address

426 CURIE BLVD, PHILADELPHIA, PA, 19104

NTEE Category

Code: E11 - Health

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