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Ridc Mill 19B

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

EIN: 352617410 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Ridc Mill 19B?

Ridc Mill 19B is a nonprofit corporation, established in 2018, situated in the Hazelwood neighborhood of Pittsburgh, Pennsylvania. Its primary purpose is to function as a Qualified Low-Income Community Business (QALICB) entity, owning and operating the Mill 19B building. The organization's mission is to contribute to community development by revitalizing property, reducing neighborhood tensions, alleviating governmental burdens, and combating community deterioration through the execution of an industrial development project within Pittsburgh. By operating in this manner, Ridc Mill 19B aims to benefit the regional industrial development corporation of southwestern Pennsylvania.


Official website here: www.ridc.org

Is Ridc Mill 19B legitimate?

Ridc Mill 19B is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridc Mill 19B 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 Ridc Mill 19B?

Ridc Mill 19B is operated as an organization with a mission to serve the purposes of the Regional Industrial Development Corporation of Southwestern Pennsylvania. The primary goal is to revive property, alleviate neighborhood tensions, reduce government burdens, and combat community deterioration. This is achieved by carrying out an industrial development project at an undisclosed location. By doing so, Ridc Mill 19B aims to contribute positively to its community, promoting growth and development.


Official website here: www.ridc.org

Who is the CEO of Ridc Mill 19B?

Marian D Kurta is the President of Ridc Mill 19B.


Official website here: www.ridc.org

What is the revenue of Ridc Mill 19B?

Ridc Mill 19B's revenue in 2022 was $3,171,504.


Official website here: www.ridc.org

Who are the executives of Ridc Mill 19B and what are their salaries?


Here are 17 key members and their salaries:


Smith Donald F Jr (President)
  • Compensation: $0
  • Related: $591,142
  • Other: $37,755
Smith Matt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robinson F Brooks Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephenson Samuel J (Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hunt William (Director/Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Dennis M Ret 622 (Chief Operating Officer)
  • Compensation: $0
  • Related: $215,501
  • Other: $35,728
Poremski Colleen B 122-322 (Asst. Corporate Secretary)
  • Compensation: $0
  • Related: $26,267
  • Other: $7,816
White Timothy F (Senior Vp - Development)
  • Compensation: $0
  • Related: $350,027
  • Other: $50,198
Hobbes Jason W (Corporate Secretary)
  • Compensation: $0
  • Related: $208,624
  • Other: $38,805
Goldstrom Michael (Senior Vp - Real Estate)
  • Compensation: $0
  • Related: $272,580
  • Other: $42,452
Cunningham W H 122-522 (Treasurer)
  • Compensation: $0
  • Related: $97,962
  • Other: $22,615
Kurta Marian D 522-1222 (Treasurer)
  • Compensation: $0
  • Related: $107,295
  • Other: $32,409
Pinelli Christopher (Director, Property Mgmt)
  • Compensation: $0
  • Related: $176,487
  • Other: $21,174
Heinricher Michael (Director, Asset Management)
  • Compensation: $0
  • Related: $156,437
  • Other: $35,386
Buechli John (Construction Manager)
  • Compensation: $0
  • Related: $133,051
  • Other: $33,960
Miller Keith (Director Of Site Development)
  • Compensation: $0
  • Related: $146,920
  • Other: $11,180
Vicario Mary Jo (Senior Property Manager)
  • Compensation: $0
  • Related: $119,513
  • Other: $17,332


Official website here: www.ridc.org

Where can I find the form 990 for Ridc Mill 19B?

Ridc Mill 19B'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 Ridc Mill 19B

Ridc Mill 19B is an organization committed to serving a higher purpose, specifically benefiting from and carrying out the objectives of the Regional Industrial Development Corporation of Southwestern Pennsylvania. Its mission is twofold: firstly, it aims to revitalize properties, thereby reducing neighborhood tensions and lessening the burden on government. Secondly, Ridc Mill 19B strives to combat community deterioration by initiating an industrial development project at an undisclosed location. This project is designed to combat the decay of the community, thus contributing to overall improvement and growth.

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Impact




October, 2024

Ridc Mill 19B has a significant impact on the Hazelwood neighborhood of Pittsburgh by revitalizing the area and fostering industrial development. By operating as a qualified low-income community business, it focuses on transforming underutilized properties into vibrant spaces that stimulate local economic activity.

This initiative not only helps to alleviate neighborhood tensions and combat community deterioration, but also lessens the burdens of local government by attracting businesses and providing job opportunities. The development of the Mill 19B building serves as a catalyst for further investment in the region, promoting community improvement and providing resources for residents and businesses alike. Overall, Ridc Mill 19B plays a crucial role in enhancing the quality of life and economic stability within the community.




This information is meant to be a general summary of Ridc Mill 19B. 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
$3,171,504 (2022)
Expenses
$2,347,336 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $477,378
  • Program Service Revenue: $2,693,687
  • Gross Receipts: $3,171,504

Assets and Liabilities:

  • Total Assets: $20,579,906
  • Total Liabilities: $18,127,860
  • Net Assets: $2,452,046

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Programs

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

RENTAL INCOME

Revenue

$2,693,531

SERVICE & MANAGEMENT

Revenue

$156

Organization Details

Founding Year

2018

Principal Officer

Marian D Kurta

Main Address

267 KAPPA DRIVE, PITTSBURGH, PA, 15238

NTEE Category

Code: S30 - Community improvement

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