Overview
What is Regional Economic Development Corporation Of Sw Pa?
The Regional Economic Development Corporation of Southwestern Pennsylvania is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary mission is to stimulate growth and create employment opportunities in economically challenged regions. To achieve this goal, the corporation has established a revolving loan fund, which it utilizes to finance qualified businesses and development organizations within its sphere. The corporation's activities aim to promote community development in Southwestern Pennsylvania, contributing positively to the region's economic landscape.
Official website here: www.ridc.org
Is Regional Economic Development Corporation Of Sw Pa legitimate?
Regional Economic Development Corporation Of Sw Pa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Economic Development Corporation Of Sw Pa 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.ridc.org
What is the mission statement of Regional Economic Development Corporation Of Sw Pa?
The Regional Economic Development Corporation of SW Pa was established with the intent to foster community development in southwestern Pennsylvania. They achieve this goal through various activities, one of which is the operation of a revolving loan fund. The corporation plans to accumulate a pool of funds, which will be made available to qualified businesses and development organizations across the region. This initiative aims to create job opportunities and stimulate industrial growth in economically depressed areas.
Official website here: www.ridc.org
Who is the CEO of Regional Economic Development Corporation Of Sw Pa?
Marian D Kurta is the President of Regional Economic Development Corporation Of Sw Pa.
Official website here: www.ridc.org
What is the revenue of Regional Economic Development Corporation Of Sw Pa?
Regional Economic Development Corporation Of Sw Pa's revenue in 2022 was $2,533,737.
Official website here: www.ridc.org
Who are the executives of Regional Economic Development Corporation Of Sw Pa and what are their salaries?
Here are 17 key members and their salaries:
- Compensation: $0
- Related: $591,142
- Other: $37,755
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $215,501
- Other: $35,728
- Compensation: $0
- Related: $26,267
- Other: $7,816
- Compensation: $0
- Related: $350,027
- Other: $50,198
- Compensation: $0
- Related: $208,624
- Other: $38,805
- Compensation: $0
- Related: $272,580
- Other: $42,452
- Compensation: $0
- Related: $97,962
- Other: $22,615
- Compensation: $0
- Related: $107,295
- Other: $32,409
- Compensation: $0
- Related: $156,437
- Other: $35,386
- Compensation: $0
- Related: $176,487
- Other: $21,174
- Compensation: $0
- Related: $133,051
- Other: $33,960
- Compensation: $0
- Related: $146,920
- Other: $11,180
- Compensation: $0
- Related: $119,513
- Other: $17,332
Official website here: www.ridc.org
Where can I find the form 990 for Regional Economic Development Corporation Of Sw Pa?
Regional Economic Development Corporation Of Sw Pa's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ridc.org
Learn more at the official website: www.ridc.org
Mission Statement of Regional Economic Development Corporation Of Sw Pa
The Regional Economic Development Corporation of SW Pa was established with a mission to foster community development in southwestern Pennsylvania. To achieve this, the organization conducts various activities, primarily focusing on operating a revolving loan fund. This fund is intended to accumulate a pool of resources, which will subsequently be made available to qualified businesses and development organizations within the region. The ultimate goal is to create job opportunities and promote industrial growth in economically depressed areas. By providing financial assistance, the Regional Economic Development Corporation of SW Pa aims to contribute to the economic development and revitalization of its community.
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Impact
October, 2024
The Regional Economic Development Corporation of Southwestern Pennsylvania plays a crucial role in fostering community development within the region. By operating a revolving loan fund, it positions itself as a key player in enhancing economic opportunities for qualified businesses and development organizations. This initiative is designed to address the needs of economically depressed areas, allowing them to access necessary capital to stimulate growth.
The corporation's impact can be seen through the creation of jobs and the promotion of industrial growth, leading to a revitalization of local economies. By accumulating a pool of funds, it ensures that financial support is available to those who may struggle to secure traditional funding sources, thereby driving innovation and entrepreneurship. This proactive approach contributes to overall community improvement, making a significant difference in the economic landscape of Southwestern Pennsylvania.
This information is meant to be a general summary of Regional Economic Development Corporation Of Sw Pa. 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: $33,737
- Gross Receipts: $2,533,737
Assets and Liabilities:
- Total Assets: $4,351,429
- Total Liabilities: $5,763,911
- Net Assets: -$1,412,482
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Organization Details
Founding Year
1990
Phone
(412) 315-6440Principal Officer
Marian D Kurta
Main Address
267 KAPPA DRIVE, PITTSBURGH, PA, 15238
Website
www.ridc.orgNTEE Category
Code: S310 - Community improvement
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