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Observatory Hill Development Corp

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

EIN: 471134993 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Observatory Hill Development Corp?

Observatory Hill Development Corp is a nonprofit organization situated in Pittsburgh, Pennsylvania. Their primary focus lies in community development within the Observatory Hill neighborhood. The organization works tirelessly to improve the area, carrying out various initiatives and missions aimed at fostering growth and betterment. Their mission is deeply rooted in the enhancement of the Observatory Hill community, dedicating their efforts to community development in this specific area of Pittsburgh.


Official website here: www.observatoryhill.net

Is Observatory Hill Development Corp legitimate?

Observatory Hill Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Observatory Hill Development Corp 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.observatoryhill.net

What is the mission statement of Observatory Hill Development Corp?

Observatory Hill Development Corp is dedicated to promoting community development within the Observatory Hill neighborhood of Pittsburgh. Their mission encompasses fostering growth and improvement in the community, aiming to create a thriving and inclusive environment for all its residents. The corporation works towards achieving this goal by implementing various initiatives and programs that cater to the unique needs of the neighborhood, ultimately contributing to its overall well-being and progress.


Official website here: www.observatoryhill.net

What is the revenue of Observatory Hill Development Corp?

Observatory Hill Development Corp's revenue in 2023 was $148,725.


Official website here: www.observatoryhill.net

Who are the executives of Observatory Hill Development Corp and what are their salaries?

There 20 volunteers at Observatory Hill Development Corp.

Here are 4 key members and their salaries:


Wendy Kramer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Lawler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Hatfield (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Sumpter (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.observatoryhill.net

Where can I find the form 990 for Observatory Hill Development Corp?

Observatory Hill Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.observatoryhill.net

Learn more at the official website: www.observatoryhill.net

Mission Statement of Observatory Hill Development Corp

Observatory Hill Development Corp, as a community development organization, is committed to enhancing the Observatory Hill neighborhood in Pittsburgh. Their mission, in simple terms, is to foster growth and improvement within this specific community. By focusing on community development, they aim to create a more vibrant, sustainable, and inclusive environment for its residents. Their efforts are geared towards uplifting the neighborhood and contributing to its overall betterment.

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Impact




October, 2024

Observatory Hill Development Corp plays a significant role in revitalizing and enhancing the Observatory Hill neighborhood of Pittsburgh. Through various community development initiatives, the organization focuses on improving the living conditions, economic opportunities, and overall quality of life for residents. Their efforts often involve promoting local engagement, fostering community pride, and implementing projects that address housing, infrastructure, and social services.

By investing in the neighborhood and its residents, Observatory Hill Development Corp helps to strengthen the community fabric, encouraging collaboration among residents and local stakeholders. This collaborative approach not only addresses immediate needs but also lays the groundwork for sustainable growth and development, ensuring that Observatory Hill remains a vibrant and thriving place to live.

Overall, the impact of Observatory Hill Development Corp is evidenced in the enhanced sense of community, improved facilities, and increased social cohesion, all of which contribute to a more resilient and prosperous Observatory Hill neighborhood.




This information is meant to be a general summary of Observatory Hill Development Corp. 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
$148,725 (2023)
Expenses
$173,356 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Program Service Revenue: $104,402
  • Gross Receipts: $367,403

Assets and Liabilities:

  • Total Assets: $2,762,623
  • Total Liabilities: $2,933,719
  • Net Assets: -$171,096

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Programs

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

Rental Income

Revenue

$104,402

Organization Details

Founding Year

2014

Principal Officer

Joshua Hatfield

NTEE Category

Code: T31 - Philanthropy

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