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Pittsburgh Downtown Community Development Corporation

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

EIN: 454602175 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Pittsburgh Downtown Community Development Corporation?

The Pittsburgh Downtown Community Development Corporation, led by John Valentine, is a nonprofit organization dedicated to driving the advancement of downtown Pittsburgh and adjacent areas. Their mission is to enhance the living standards of local residents by fostering the development of these areas. The corporation's activities are centered around this mission, aiming to improve the overall quality of life in the community.


Official website here: www.pdcdc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 36%, Zero-Star out of Four Star Rating

The Pittsburgh Downtown Community Development Corporation has received a low rating of 36%, indicating significant concerns regarding its accountability and financial management. The rating reflects a lack of essential policies such as a conflict of interest policy and a whistleblower policy, both of which are critical for ensuring transparency and trust within the organization. While the board comprises entirely independent members, which is a positive aspect, other transparency measures are notably missing.

In terms of financial health, the organization has a concerning liabilities to assets ratio of 69.88%, suggesting potential financial instability. Furthermore, the program expense ratio is recorded at 0.00%, raising questions about the organization's actual programmatic spending and effectiveness in fulfilling its mission. These financial indicators contribute to the overall unfavorable evaluation of the nonprofit.

On a positive note, the organization demonstrates good governance practices, with a majority of independent board members and no material diversion of assets reported. However, the missing policies and the lack of program expenditures present significant limitations that potential donors and supporters should consider.


This AI summary has been generated from information found on Charity Navigator.

Is Pittsburgh Downtown Community Development Corporation legitimate?

Pittsburgh Downtown Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsburgh Downtown Community Development Corporation 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: $13,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,112

For more financial information, click here


Official website here: www.pdcdc.com

What is the mission statement of Pittsburgh Downtown Community Development Corporation?

The Pittsburgh Downtown Community Development Corporation works towards advancing the development of downtown areas and surrounding regions. Its primary objective is to improve the quality of life for local residents. By undertaking various initiatives, this organization strives to contribute positively to the community's growth and well-being. Its mission is centered around fostering progress and bettering living conditions for the community's inhabitants.


Official website here: www.pdcdc.com

Who is the CEO of Pittsburgh Downtown Community Development Corporation?

John Valentine is the Treasurer of Pittsburgh Downtown Community Development Corporation.


Official website here: www.pdcdc.com

What is the revenue of Pittsburgh Downtown Community Development Corporation?

Pittsburgh Downtown Community Development Corporation's revenue in 2022 was $65,503.


Official website here: www.pdcdc.com

Who are the executives of Pittsburgh Downtown Community Development Corporation and what are their salaries?


Here are 28 key members and their salaries:


Scott Sennott (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Henry Shook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Balaji Srinivasan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lasky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Onorato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Uber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Buonomo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregg Broujos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Cannon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Nicholas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Caputo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Polite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Troiani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hare (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Irwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Tanzilli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Lawless (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mary Ellen Glasgow (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachealle Lacek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allisha Zeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Thor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Valentine (President/Secretary)
  • Compensation: $13,000
  • Related: $0
  • Other: $0
R Daniel Lavelle (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Ciavarra (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pdcdc.com

Where can I find the form 990 for Pittsburgh Downtown Community Development Corporation?

Pittsburgh Downtown Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pdcdc.com

Learn more at the official website: www.pdcdc.com

Mission Statement of Pittsburgh Downtown Community Development Corporation

The Pittsburgh Downtown Community Development Corporation, abbreviated as PDCDC, is dedicated to driving the advancement of downtown Pittsburgh and its surrounding areas. Their mission is to improve the quality of life for local residents by fostering development in these areas. By undertaking this mission, PDCDC aims to create a more vibrant and livable community for the people who call these places home. John Valentine oversees the operations of this organization.

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Impact




August, 2024

The Pittsburgh Downtown Community Development Corporation plays a crucial role in furthering the development of downtown Pittsburgh and surrounding areas to enhance the quality of life for residents. Under the leadership of John Valentine, the organization focuses on community improvement initiatives that contribute to making Pittsburgh a more vibrant and sustainable place to live, work, and play. Through its mission-driven approach, the Pittsburgh Downtown Community Development Corporation has a significant impact on the economic growth, social vitality, and overall well-being of the city and its residents.




This information is meant to be a general summary of Pittsburgh Downtown Community Development Corporation. 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
$65,503 (2022)
Expenses
$43,288 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $78,067

Assets and Liabilities:

  • Total Assets: $34,149
  • Total Liabilities: $23,865
  • Net Assets: $10,284

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Organization Details

Founding Year

2013

Principal Officer

John Valentine

Main Address

100 FIFTH AVENUE 614, PITTSBURGH, PA, 15222

NTEE Category

Code: S99 - Community improvement

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