Overview
What is Allegheny Conference On Community Development?
The Allegheny Conference on Community Development, based in Pittsburgh, Pennsylvania, is a prominent nonprofit organization dedicated to stimulating economic growth and enhancing the quality of life in Southwestern Pennsylvania. Through a collaborative effort with public and private sector partners, they have achieved significant milestones in the region. Notably, they have secured 22 business investment project wins, representing $1.1 billion in capital investment and the potential for 18,600 new and retained jobs. Their strategic focus includes high-growth industries like autonomy and robotics, cybersecurity, financial services, and life sciences. Key accomplishments include the creation of the Pitt BioForge bio-manufacturing center, the establishment of Gecko Robotics' headquarters, and the opening of Shell Polymers Monaca - the first major polyethylene manufacturing complex in the Northeastern United States. Additionally, they have increased investment in marketing to raise awareness of the Pittsburgh region, resulting in increased website users, LinkedIn followers, and media reach. With a team of 73 employees, the Allegheny Conference on Community Development continues to propel the region forward.
Official website here: www.alleghenyconference.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Allegheny Conference on Community Development has received a Four-Star rating from Charity Navigator, reflecting excellent accountability and financial health. The organization boasts a remarkable score of 100% in accountability and finance, indicating strong governance and transparency practices. Key highlights include a fully independent board, a comprehensive audit and oversight committee, and adherence to various policies such as conflict of interest and whistleblower protections.
Financially, the organization demonstrates impressive performance metrics, with 83.17% of its expenditures directed towards programs. Its fundraising efficiency is noteworthy at just $0.022 spent to raise a dollar, indicating that the majority of funding is utilized effectively. Furthermore, the organization's liabilities to assets ratio is low at 18.26%, showcasing solid fiscal management and stability.
Overall, the Allegheny Conference on Community Development stands out for its strong governance structure and financial efficiency. While specific program outcomes are not mentioned, the organization's high ratings signify a commitment to responsible and effective community development initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Allegheny Conference On Community Development legitimate?
Allegheny Conference On Community Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allegheny Conference On Community Development 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: $1,753,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,423,864
For more financial information, click here
Official website here: www.alleghenyconference.org
What is the mission statement of Allegheny Conference On Community Development?
The Allegheny Conference on Community Development is dedicated to stimulating economic growth and enhancing the quality of life in southwestern Pennsylvania. In collaboration with public and private sector partners, this organization, which includes the Allegheny Conference, the Greater Pittsburgh Chamber of Commerce, the Pennsylvania Economy League of Greater Pittsburgh, and the Pittsburgh Regional Alliance, works to foster economic expansion and improve living standards in this region.
Official website here: www.alleghenyconference.org
Who is the CEO of Allegheny Conference On Community Development?
Stefani Pashman is the Ceo of Allegheny Conference On Community Development. The CEO's salary of Allegheny Conference On Community Development is $553,506 and their total compensation is $586,005.
Official website here: www.alleghenyconference.org
What is the revenue of Allegheny Conference On Community Development?
Allegheny Conference On Community Development's revenue in 2022 was $12,660,423.
Official website here: www.alleghenyconference.org
Who are the executives of Allegheny Conference On Community Development and what are their salaries?
The average compensation at Allegheny Conference On Community Development during 2022 was $84,621. There are 73 employees and 58 volunteers at Allegheny Conference On Community Development.
Here are 68 key members and their salaries (Allegheny Conference On Community Development's CEO's salary is $553,506 and their total compensation is $586,005):
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- Compensation: $136,509
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- Other: $19,468
Official website here: www.alleghenyconference.org
Where can I find the form 990 for Allegheny Conference On Community Development?
Allegheny Conference On Community Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alleghenyconference.org
Learn more at the official website: www.alleghenyconference.org
Mission Statement of Allegheny Conference On Community Development
The Allegheny Conference on Community Development, a notable organization, is dedicated to fostering economic growth and enhancing the quality of life throughout southwestern Pennsylvania. With a collaborative approach, the Allegheny Conference, along with its affiliates - the Greater Pittsburgh Chamber of Commerce, the Pennsylvania Economy League of Greater Pittsburgh, and the Pittsburgh Regional Alliance - unite public and private sector partners to stimulate economic advancement in the region. The mission of the Allegheny Conference is multifaceted, aiming to drive economic growth, improve community livability, and ensure a high standard of life for the residents of southwestern Pennsylvania. By pooling resources and expertise, this dynamic organization fosters a thriving economic landscape and champions the well-being of its community.
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Impact
October, 2024
The Allegheny Conference on Community Development has significantly stimulated economic growth in southwestern Pennsylvania, creating a vibrant, globally competitive region where individuals can thrive. Through focused initiatives across key strategic priorities, the Conference secured 22 business investment projects, translating to over $1.1 billion in capital investment. This work led to a robust pipeline of 135 projects anticipated to produce 18,600 new and retained jobs, alongside a monumental $14.98 billion in additional capital investment potential.
The Conference has harnessed the region's competitive advantages in high-growth industries such as autonomy and robotics, cybersecurity, financial services, and life sciences. Noteworthy achievements include the launch of the Pitt BioForge Bio-Manufacturing Center—set to accelerate gene and cell therapy innovation—and the establishment of critical manufacturing facilities, like Shell Polymers Monaca, enhancing the area’s position in the petrochemical industry and promoting low-carbon industrial solutions.
Moreover, the Conference's outreach extended to global markets, exemplified by initiatives that positioned Pittsburgh as a favorable destination for international companies. By increasing investment in marketing and significantly expanding its digital presence, the Conference attracted broader attention from business decision-makers, resulting in high visibility and engagement across various platforms. Through collaborations with public and private sector partners, the Allegheny Conference continues to deliver a lasting impact on the economy and quality of life in the region.
This information is meant to be a general summary of Allegheny Conference On Community Development. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,127
- Program Service Revenue: $2,329,294
- Gross Receipts: $12,660,423
Assets and Liabilities:
- Total Assets: $22,189,526
- Total Liabilities: $4,053,131
- Net Assets: $18,136,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED SERVICES REIMB
Revenue
$2,134,285
RELATED ORG SERVICE FEE
Revenue
$188,633
ECONOMIC IMPACT STUDIES
Revenue
$27,475
ANCILLARY REVENUE
Revenue
$6,740
PROGRAM INVESTMENT REVENUE
Revenue
-$27,839
Organization Details
Founding Year
1944
Phone
(412) 281-4783Principal Officer
Stefani Pashman
Main Address
11 STANWIX STREET 17TH FLOOR, PITTSBURGH, PA, 15222
Website
www.alleghenyconference.orgNTEE Category
Code: S30 - Community improvement
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