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Pittsburgh Regional Alliance

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

EIN: 251780438 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pittsburgh Regional Alliance?

The Pittsburgh Regional Alliance (PRA) serves as a key promoter of business investment and talent attraction in the ten-county Pittsburgh region. By securing projects and investments, they stimulate economic growth, with 22 successful ventures worth $1.1 billion in capital investment, and a potential pipeline of 18,600 jobs. Their focus on high-growth, future-oriented industries, such as autonomy and robotics, cybersecurity, financial services, and life sciences, has yielded significant accomplishments, like the creation of the Pitt BioForge and the expansion of Gekko Robotics. Their marketing efforts have also seen notable increases in online visibility and outreach to potential investors. Additionally, the Pittsburgh Passport program, aimed at retaining and attracting college talent, has reached over 6,000 students from various backgrounds. The PRA provides essential resources, connections, and support for businesses considering investment in the region.


Official website here: www.pittsburgh-region.org

Is Pittsburgh Regional Alliance legitimate?

Pittsburgh Regional Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsburgh Regional Alliance 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.pittsburgh-region.org

What is the mission statement of Pittsburgh Regional Alliance?

The Pittsburgh Regional Alliance (PRA) strives to promote Southwestern Pennsylvania as an ideal location for business investment and talent attraction. It serves as a resource for both domestic and international business leaders, connecting them with various support systems and aiding in the expansion or relocation of their operations within the region. The PRA maintains comprehensive regional data, demographics, and real estate databases, and offers project management services such as site location assistance, global business assistance, access to financial aid, talent attraction and retention, peer executive meetings, and market research and analysis. This organization's goal is to make the Pittsburgh region a desirable destination for businesses seeking to expand or establish operations.


Official website here: www.pittsburgh-region.org

Who is the CEO of Pittsburgh Regional Alliance?

Stefani Pashman is the CEO of Pittsburgh Regional Alliance The CEO's salary of Pittsburgh Regional Alliance is $0 and their total compensation is $664,311.


Official website here: www.pittsburgh-region.org

What is the revenue of Pittsburgh Regional Alliance?

Pittsburgh Regional Alliance's revenue in 2023 was $4,547,384.


Official website here: www.pittsburgh-region.org

Who are the executives of Pittsburgh Regional Alliance and what are their salaries?

There 25 volunteers at Pittsburgh Regional Alliance.

Here are 5 key members and their salaries (Pittsburgh Regional Alliance's CEO's salary is $0 and their total compensation is $664,311):


Stefani Pashman (Ceo)
  • Compensation: $0
  • Related: $626,758
  • Other: $37,553
William S Demchak (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Boughner Enter 122022 (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Smith Enter 122022 (Chief Growth Officer)
  • Compensation: $0
  • Related: $414,268
  • Other: $12,146
Janel Skelley (Cfo)
  • Compensation: $0
  • Related: $249,242
  • Other: $31,440


Official website here: www.pittsburgh-region.org

Where can I find the form 990 for Pittsburgh Regional Alliance?

Pittsburgh Regional Alliance's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.pittsburgh-region.org

Learn more at the official website: www.pittsburgh-region.org

Mission Statement of Pittsburgh Regional Alliance

The Pittsburgh Regional Alliance (PRA) is dedicated to promoting Southwestern Pennsylvania as an ideal location for business investment and talent acquisition. With a primary focus on providing essential resources, the organization connects business leaders both domestically and internationally to various sources of support. The PRA plays a pivotal role in facilitating corporate expansion or relocation within the Pittsburgh region.

To achieve its mission, the PRA maintains regional databases containing information on demographics, real estate, and other relevant data. Additionally, the organization offers project management services, including site location assistance, global business assistance, access to financial assistance, talent attraction and retention, peer executive meetings, and market research and analysis. These services are designed to support business executives considering investment opportunities in Southwestern Pennsylvania. Overall, the Pittsburgh Regional Alliance is committed to marketing the region as a prime location for business and talent, and to providing the necessary resources and assistance to facilitate successful investment and growth.

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Impact




October, 2024

The Pittsburgh Regional Alliance (PRA) plays a vital role in promoting economic growth and job creation across the 10 counties of Southwestern Pennsylvania. By strategically marketing the region as a premier destination for business investment and talent, the PRA successfully facilitated 22 business investment projects, resulting in $1.1 billion in capital investment and a robust pipeline of 135 initiatives that have the potential to generate 18,600 new and retained jobs, along with $14.98 billion in capital investment.

By focusing on high-growth industries where the region boasts competitive advantages, such as autonomy and robotics, cybersecurity, financial services, and life sciences, the PRA has not only attracted businesses from various sectors but has also forged significant partnerships. For example, the creation of the Pitt Bioforge Bio-Manufacturing Center and the establishment of Gecko Robotics as a headquarters demonstrate the region's appeal to innovative companies.

The PRA's efforts in marketing and awareness have yielded impressive results, including a 65% increase in website user engagement and significant media reach through campaigns with major publications. Additionally, initiatives like the Pittsburgh Passport program have been instrumental in retaining top talent by connecting college students with local employers and opportunities.

Overall, the PRA's comprehensive approach to economic development—encompassing business investment, talent attraction, and marketing—ensures that Southwestern Pennsylvania continues to thrive as a competitive player in the national and global economy.




This information is meant to be a general summary of Pittsburgh Regional Alliance. 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
$4,547,384 (2023)
Expenses
$4,547,384 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $40,085
  • Gross Receipts: $4,547,384

Assets and Liabilities:

  • Total Assets: $4,460,863
  • Total Liabilities: $2,568,513
  • Net Assets: $1,892,350

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Organization Details

Founding Year

1995

Principal Officer

Stefani Pashman

NTEE Category

Code: S300 - Community improvement

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