Strategic Investment Fund Inc

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

EIN: 251774991 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(4)

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Overview

What is Strategic Investment Fund Inc?

Strategic Investment Fund Inc, based in Pittsburgh, Pennsylvania, operates as a nonprofit organization with a mission to stimulate economic growth. They serve as the general partner for Strategic Investment Fund Partners, providing private sector financing for projects that contribute to urban development, job creation, and the elimination of urban blight. Their activities extend beyond Pittsburgh, encompassing the surrounding 10 counties of Western Pennsylvania, with the goal of enhancing overall development in the region.


Official website here: www.strategicinvestmentfund.org

Is Strategic Investment Fund Inc legitimate?

Strategic Investment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Strategic Investment Fund Inc 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.strategicinvestmentfund.org

What is the mission statement of Strategic Investment Fund Inc?

Strategic Investment Fund Inc is committed to fostering economic development beyond its own organization. Specifically, its mission is to promote economic growth in a city and its surrounding 10 counties. In doing so, the fund aims to create employment opportunities, contribute to the eradication of urban blight, and enhance development in these areas. By providing a source of private sector financing for suitable projects, Strategic Investment Fund Inc actively contributes to the economic prosperity of the designated region.


Official website here: www.strategicinvestmentfund.org

Who is the CEO of Strategic Investment Fund Inc?

Stefani Pashman is the President of Strategic Investment Fund Inc.


Official website here: www.strategicinvestmentfund.org

What is the revenue of Strategic Investment Fund Inc?

Strategic Investment Fund Inc's revenue in 2022 was $390,557.


Official website here: www.strategicinvestmentfund.org

Who are the executives of Strategic Investment Fund Inc and what are their salaries?


Here are 13 key members and their salaries:


Sylvan M Holzer (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Morehouse Exit 42022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Barbour (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen R Haggerty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Hanna Casey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William E Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David J Malone (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Onorato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stephany Enter 22022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurel Randi Exit 122022 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stefani Pashman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janel M Skelley (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.strategicinvestmentfund.org

Where can I find the form 990 for Strategic Investment Fund Inc?

Strategic Investment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.strategicinvestmentfund.org

Learn more at the official website: www.strategicinvestmentfund.org

Mission Statement of Strategic Investment Fund Inc

Strategic Investment Fund Inc, as a general partner, is committed to fostering economic development across a broader region beyond the city of Pittsburgh. Their mission is to serve as a source of private sector financing for projects that have the potential to create employment opportunities, contribute to the elimination of urban blight, and enhance development. This organization aims to promote economic growth in not just the city of Pittsburgh, but also in the surrounding 10 counties of Western Pennsylvania. By providing financial support for projects that align with these objectives, Strategic Investment Fund Inc plays a significant role in driving sustainable development and improving the local economy.

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Impact




October, 2024

Strategic Investment Fund Inc plays a vital role in promoting economic development in Pittsburgh and its surrounding ten counties. By serving as a general partner, it facilitates private sector financing for a range of projects aimed at fostering growth, creating jobs, and addressing urban blight.

The fund's strategic investments are designed to enhance development in the region, supporting initiatives that not only stimulate the local economy but also improve the quality of life for residents. Through its partnerships, Strategic Investment Fund Inc helps mobilize resources and expertise that drive impactful community improvement, making it a key player in the ongoing revitalization efforts within western Pennsylvania. The fund's commitment to sustainable growth and employment generation significantly contributes to building a stronger, more resilient economic landscape in the area.




This information is meant to be a general summary of Strategic Investment Fund Inc. 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
$390,557 (2022)
Expenses
$421,750 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $366
  • Program Service Revenue: $336,838
  • Gross Receipts: $390,557

Assets and Liabilities:

  • Total Assets: $4,448,049
  • Total Liabilities: $156,581
  • Net Assets: $4,291,468

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Programs

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

REIMB.EXP.- AFF. ORG.

Revenue

$318,838

MGMT FEE- AFF. ORG.

Revenue

$18,000

Organization Details

Founding Year

1995

Principal Officer

Stefani Pashman

Main Address

11 STANWIX ST 17TH FLOOR, PITTSBURGH, PA, 15222

NTEE Category

Code: S31 - Community improvement

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