2025-01-22T04:02:23-06:00 2024-06-30 231311005 BOYER & RITTER LLC 211 HOUSE AVENUE CAMP HILL PA 17011 990 2023-07-01 232876177 TEAM PENNSYLVANIA FOUNDATION TEAM 7172331375 320 MARKET STREET 600W HARRISBURG PA 17101 ABBY SMITH PRESIDENT & CEO 7172331375 2025-01-15 1 1 DAVID J MANBECK CPA P00773661 7177617210 2023 2024-10-15 13:58:12Z X ABBY SMITH 320 MARKET STREET 600W HARRISBURG PA 17101 3939164 0 X WWW.TEAMPA.COM X 1997 PA ACCELERATING PENNSYLVANIA'S ECONOMIC GROWTH THROUGH PUBLIC-PRIVATE PARTNERSHIP 43 43 12 83 0 0 1199637 980345 2465697 1388687 1007684 301490 75015 82652 4748033 2753174 0 0 0 0 757820 1435059 0 0 131443 3706679 2101004 4464499 3536063 283534 -782889 10278739 10337036 1842284 1981854 8436455 8355182 X WORKING TOGETHER FOR ALL PENNSYLVANIANS IN PUBLIC-PRIVATE PARTNERSHIP, WE ACCELERATE THE COMMONWEALTH'S LONG-TERM ECONOMIC FUTURE 0 0 1176902 705758 IMPACT AND INNOVATION INITIATIVESTEAM PENNSYLVANIA IS A STATEWIDE ORGANIZATION CO-CHAIRED BY THE GOVERNOR AND A PRIVATE SECTOR LEADER WHOSE WORK FOCUSES ON KEY HIGH-GROWTH ECONOMIC OPPORTUNITIES FOR PENNSYLVANIA. WE ARE THE STATE'S TRUSTED NEUTRAL BROKER AND CONVENER, AND WE COMBINE COLLABORATION WITH STRATEGIC INVESTMENT OF PUBLIC AND PRIVATE FUNDS TO ACCELERATE PENNSYLVANIA'S ECONOMY. A CORE FOCUS OF OUR WORK IS THE CONVENING OF CROSS-SECTOR COLLABORATIVES IN AGRICULTURE, ENERGY, LIFE SCIENCES, MANUFACTURING, AND INNOVATION/TECHNOLOGY. EACH COLLABORATIVE INCLUDES THE COMMONWEALTH'S TOP POLICYMAKERS AND BUSINESS LEADERS, AS WELL AS LEADERS OF LABOR, ACADEMIA, AND NONPROFITS. THEIR MAIN PURPOSE IS TO CREATE THE CONDITIONS FOR INNOVATIVE, TECHNOLOGICAL, AND MARKET-DRIVEN SOLUTIONS THAT POSITION PENNSYLVANIA AS A LEADER AMONG STATES AND A COMPETITOR AMONG NATIONS, MAXIMIZING IMPACT FOR THE COMMONWEALTH WHILE CREATING EQUITY AND ECONOMIC OPPORTUNITY FOR ALL PENNSYLVANIANS. 442869 442869 EDA STATEWIDE ECONOMIC DEVELOPMENT PLANNING GRANTUSING FUNDS FROM A FEDERAL EDA STATEWIDE PLANNING GRANT, TEAM PENNSYLVANIA IS FOCUSING ON THE FOLLOWING THREE ACTIVITIES: LEADING, CONVENING, AND PLANNING ACTIVITIES IN ENERGY, A CRITICAL INDUSTRY SECTOR THAT HAS BEEN IDENTIFIED AS BENEFITING FROM INVESTMENT AND PLANNING; SUPPORTING THE PENNSYLVANIA MANUFACTURING ADVISORY COUNCIL AND ISSUING A COMPREHENSIVE PLAYBOOK FOR MANUFACTURING IN THE COMMONWEALTH; AND CONDUCTING A LITERATURE REVIEW, EQUITY AUDIT, AND GAP ANALYSIS FOR PENNSYLVANIA'S COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS). 403604 1150 EARLY LEARNING INVESTMENT COMMISSIONTHE EARLY LEARNING INVESTMENT COMMISSION (ELIC) WAS CREATED BY EXECUTIVE ORDER 2008-08 TO BUILD A PARTNERSHIP BETWEEN THE PUBLIC SECTOR AND BUSINESS COMMUNITY ON THE VALUE OF PUBLIC INVESTMENT IN EARLY LEARNING, FOCUSING ON PRACTICES THAT ARE EDUCATIONALLY, ECONOMICALLY AND SCIENTIFICALLY SOUND. ELIC SEEKS TO IDENTIFY PUBLIC-PRIVATE STRATEGIES DEDICATED TO SUPPORTING AND ADVANCING PENNSYLVANIA'S EARLY LEARNING AND ECONOMIC DEVELOPMENT THROUGH SELECTED PROJECTS. 247848 247848 TOURISM AND ECONOMIC DEVELOPMENT PROGRAMS IN COLLABORATION WITH DCED, TEAM PENNSYLVANIA MANAGES SEVERAL PROGRAMS THAT PROMOTE TOURISM AND ECONOMIC DEVELOPMENT. PROGRAMS THAT SUPPORT TOURISM INCLUDE A CREATIVE PRODUCTION FOR A SEASONAL TOURISM CAMPAIGN, A GOVERNMENT-TO-BUSINESS CAMPAIGN THAT INCLUDES A CREATIVE PRODUCTION FOCUSED ON PRIORITY INDUSTRIES, AND A SITE SELECTOR PROGRAM THAT INCLUDES STRATEGIC SPONSORSHIPS AND METRO MISSIONS. PROGRAMS THAT SUPPORT ECONOMIC DEVELOPMENT PROVIDE SUPPORT FOR MARKETING, TECHNICAL ASSISTANCE, CONSULTING ENGAGEMENTS, COLLATERAL MATERIAL DEVELOPMENT, TRADE SHOWS AND OTHER ACTIVITIES. 78974 INTERNATIONAL BUSINESS SUPPORTTEAM PENNSYLVANIA SUPPORTS DCED'S OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT (OIBD) IN THEIR EFFORTS TO INCREASE PENNSYLVANIA EXPORTS AND SECURE FOREIGN DIRECT INVESTMENT. 77182 73714 ACCELERATING TECHNOLOGY ADOPTION TO ENHANCE MANUFACTURING COMPETITIVENESSTEAM PA WAS AWARDED A GRANT OF NEARLY $380,000 FROM THE APPALACHIAN REGIONAL COMMISSION (ARC) FOR ITS PENNSYLVANIA MANUFACTURING COMPETITIVENESS COLLABORATIVE. THE GRANT WILL BE SUPPLEMENTED BY STATE AND PRIVATE FUNDING THAT WILL RESULT IN A TOTAL INVESTMENT OF $750,000 IN THIS WORK, ENABLING THE PUBLIC-PRIVATE NETWORK OF PARTNERS TO MAKE MANUFACTURING IN THE COMMONWEALTH MORE COMPETITIVE. 404004 321562 2427379 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 53 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 43 43 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X ABBY SMITH PRESIDENT & CEO 7172331375 320 MARKET STREET SUITE 600W HARRISBURG PA 17101 BRIAN JACKSON CO-CHAIR 1.00 X X 0 0 0 HON JOSH SHAPIRO CO-CHAIR 1.00 X X 0 0 0 EDWIN HILL JR SECRETARY 1.00 X X 0 0 0 TIFFANY WILSON TREASURER 1.00 X X 0 0 0 SHANNON MASSEY VICE-CHAIR 1.00 X X 0 0 0 BRENDA ALLEN DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 ANTHONY BARTOLOMEO DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 RON BELLDEGRUN DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 NEELI BENDAPUDI DIRECTOR 1.00 X 0 0 0 CHRIS BINGAMAN DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 JEFFREY BOMBICH DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 SHEILAH BORNE DIRECTOR 1.00 X 0 0 0 KATHLEEN BRUNNER DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 JOEL BURSTEIN DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 HON AMANDA CAPPELLETTI DIRECTOR 1.00 X 0 0 0 TIMOTHY CHARLESWORTH DIRECTOR 1.00 X 0 0 0 RONN CORT DIRECTOR 1.00 X 0 0 0 DAVID DAVIS DIRECTOR 1.00 X 0 0 0 LISA DELL'ALBA DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 MICHAEL DUCKER DIRECTOR 1.00 X 0 0 0 CARRIE EGLINTON MANNER DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 JACQUELINE FIDLER DIRECTOR 1.00 X 0 0 0 CHAD FIRESTONE DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 JACKIE FOOR DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 HON VALERIE GAYDOS DIRECTOR 1.00 X 0 0 0 BERNIE HALL DIRECTOR 1.00 X 0 0 0 FARNAM JAHANIAN DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 KRISTA JOHNSON DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 BRAD JONES DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 SANDEEPA KALEIDA DIRECTOR 1.00 X 0 0 0 HON PATTY KIM DIRECTOR 1.00 X 0 0 0 SEAN LUTHER DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 KEVIN MAHONEY DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 CHRIS MARSH DIRECTOR UNTIL 3/1/24 1.00 X 0 0 0 STEPHEN MCKNIGHT DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 HILARY MERCER DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 HON KHALID MUMIN DIRECTOR 1.00 X 0 0 0 JENNIFER MURPHY DIRECTOR 1.00 X 0 0 0 TIM NECASTRO DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 HAYLEY PAINTER DIRECTOR 1.00 X 0 0 0 CHARLES PATTERSON DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 ERIC PATTON DIRECTOR 1.00 X 0 0 0 HON RUSSELL REDDING DIRECTOR 1.00 X 0 0 0 ERIC REED DIRECTOR 1.00 X 0 0 0 HON DEVLIN ROBINSON DIRECTOR 1.00 X 0 0 0 MELISSA SHAFER DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 HON RICK SIGER DIRECTOR 1.00 X 0 0 0 CHARLES SMITH DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 MARY STENGEL AUSTEN DIRECTOR UNTIL 3/13/24 1.00 X 0 0 0 ART STEPHENS DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 DARREN THOMPSON DIRECTOR 1.00 X 0 0 0 KARLA TROTMAN DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 EVAN URBANIA DIRECTOR 1.00 X 0 0 0 RANDY VULAKOVICH DIRECTOR EFFECTIVE 6/25/24 1.00 X 0 0 0 HON NANCY WALKER DIRECTOR 1.00 X 0 0 0 PATRICK WITMER DIRECTOR 1.00 X 0 0 0 SCOTT WYMAN DIRECTOR UNTIL 6/25/24 1.00 X 0 0 0 ABBY SMITH PRESIDENT & CEO 50.00 X 189813 0 4784 JOHN PACKER CONTRACTED CFO 10.00 X 0 0 0 189813 0 4784 1 0 1 0 THE BOSTON CONSULTING GROUP INC 200 PIER FOUR BOULEVARD BOSTON MA 02210 CONSULTING SERVICES 1700000 MCKINSEY COMPANY INC 1200 19TH STREET NW SUITE 1100 WASHINGTON DC 20036 RESEARCH SERVICES 490000 DEVELOPMENT COUNSELLORS INTERNATIONAL LL 215 PARK AVENUE SOUTH FOURTEENTH F NEW YORK NY 10003 MARKETING SERVICES 234759 AMBIENT INFORMATION TECHNOLOGIES LLC 267 BOBST MOUNTAIN ROAD COGAN STATION PA 17728 CONSULTING SERVICES 219581 RED HOUSE COMMUNICATIONS 1908 SARAH STREET PITTSBURGH PA 15203 CONSULTING SERVICES 166806 7 980345 980345 IMPACT AND INNOVATION 900099 623106 623106 STATEWIDE ECONOMIC DEVELOPMENT 900099 442869 442869 PA DCED TOURISM & ECONOMIC 900099 247848 247848 MANUFACTURING COMPETITIVENESS 900099 73714 73714 PROGRAM SPONSORSHIP 900099 1150 1150 1388687 284574 284574 1202906 1185990 16916 16916 16916 MISCELLANEOUS INCOME 900099 82652 82652 82652 2753174 1471339 0 301490 X 224345 151404 55403 17538 1040145 701965 256866 81314 18929 12775 4674 1480 56984 38457 14072 4455 94656 64493 23235 6928 41288 41288 3003 3003 23746 23245 501 32401 32401 1414287 1193552 220735 143363 34606 108757 113919 70739 34892 8288 16410 14644 1766 105754 1338 95511 8905 57172 47227 9945 11879 9867 2012 17394 17394 SPECIAL EVENTS 78784 76552 2232 TRAINING 14540 1042 13230 268 MISCELLANEOUS 12878 7523 5355 SPONSORSHIPS 10600 10600 3586 2236 1350 3536063 2427379 977241 131443 2992476 1674201 299015 283735 69364 588137 15043 9402 103061 103061 0 0 6658911 7537212 189413 220531 54517 23818 10278739 10337036 132191 416769 492218 1710093 1072867 1842284 1981854 X 7479873 7636568 956582 718614 8436455 8355182 10278739 10337036 -782889 701616 0 X X 0 1 X 1 0 X 658242 1073347 764716 1199637 980345 4676287 658242 1073347 764716 1199637 980345 4676287 727596 3948691 256717 125698 162766 219876 284574 1049631 9712 10695 71385 75015 75636 242443 5968361 9716226 0.66160 0.67900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6658911 878301 7537212 6017545 641366 6658911 7032337 -1014792 6017545 5937524 1320252 225439 7032337 6084224 73491 220191 5937524 1.00000 0 0 84901 84901 0 18160 18160 0 0 DUE TO FIDUCIARY PARTIES 912619 DUE TO COMMONWEALTH OF PENNSYLVANIA 141408 OPERATING LEASE LIABILITY 18840 1072867 X 3422389 701616 701616 2720773 32401 32401 2753174 3503662 0 3503662 32401 32401 3536063 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS A FOUNDATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT HAS ASSESSED THE FOUNDATION'S EXPOSURE TO INCOME TAXES AT THE ENTITY LEVEL AS A RESULT OF UNCERTAIN TAX POSITIONS TAKEN IN CURRENT AND PREVIOUSLY FILED TAX RETURNS. EXAMPLES OF UNCERTAIN TAX POSITIONS TAKEN AT THE ENTITY LEVEL INCLUDE THE CONTINUING VALIDITY OF THE FOUNDATION'S EXEMPT STATUS AND THE PROSPECT OF BEING SUBJECT TO THE FILING REQUIREMENT FOR UNRELATED BUSINESS INCOME. PRESENTLY, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE FOUNDATION'S TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING ANY APPEALS AND LITIGATION, SUCH THAT THE FOUNDATION HAS NO EXPOSURE TO INCOME TAX LIABILITIES ARISING FROM UNCERTAIN TAX POSITIONS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY TAX PERIODS ARE CURRENTLY IN PROGRESS. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. X X X X 0 0 0 0 0 0 0 0 0 ABBY SMITH PRESIDENT & CEO 189813 0 0 0 0 0 4784 0 0 0 194597 0 0 0 JOHN PACKER CURRENT OFFICER OF THE ORGANIZATION (CFO) 41288 JOHN PACKER IS AN OWNER OF THE MANAGEMENT COMPANY, INSIGHT PARTNERS, WHICH PROVIDES CONTRACTED CFO SERVICES. 0 BRIAN JACKSON CURRENT DIRECTOR OF THE ORGANIZATION 4985 BRIAN JACKSON IS A MEMBER OF THE LAW FIRM OF MCNEES WALLACE & NURICK LLC WHO PROVIDES LEGAL SERVICES TO THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 3 THE CHIEF FINANCIAL OFFICER HAS ORGANIZATION AND MANAGEMENT AUTHORITY, BUT IS A CONTRACTED INDVIDUAL WORKING VIA A PRIVATE CONSULTING FIRM. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED FIRST WITH THE AUDIT COMMITTEE AND THEN THE EXECUTIVE COMMITTEE. FOLLOWING THESE STEPS, IT IS MADE ELECTRONICALLY AVAILABLE TO THE BOARD OF DIRECTORS FOR ITS REVIEW. THE BOARD IS GIVEN A 15-DAY QUESTION/COMMENT PERIOD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN A STATEMENT THAT DISCLOSES ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. ALL STATEMENTS ARE PROVIDED TO THE AUDIT COMMITTEE CHAIRPERSON AND BOARD CO-CHAIRPERSONS. IF THESE PARTIES DETERMINE THAT A CONFLICT INTEREST EXISTS, THEY SHALL REFER THE MATTER TO THE EXECUTIVE COMMITTEE FOR ULTIMATE ACTION. FURTHERMORE, THIS PROCESS IS FOLLOWED WHENEVER POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR. A DIRECTOR OR EMPLOYEE WHO IS DEEMED TO HAVE A CONFLICT OF INTEREST SHALL BE DISQUALIFIED FROM PARTICIPATING IN THE PORTION OF ANY MEETING OF THE BOARD OF DIRECTORS OR COMMITTEES OF THE BOARD THAT ARE INTENDED TO REVIEW AND ACT UPON THE PROPOSED CONTRACT OR TRANSACTION. AS SUCH, HE/SHE SHALL NOT VOTE, NOR BE PRESENT AT THE TIME OF THE VOTE, ON SUCH CONTRACTS OR TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S SALARY IS REVIEWED ANNUALLY BY THE PERSONNEL COMMITTEE WHO THEN COMMUNICATES ITS COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE FOR ITS ACTION ON THAT RECOMMENDATION. ONE RESOURCE THE PERSONNEL COMMITTEE UTILIZES TO REVIEW AND SET THE PRESIDENT/CEO'S SALARY IS DATA FROM GUIDESTAR'S "COMPENSATION REPORT." THE FOUNDATION'S COMPENSATION COMMITTEE ALSO REVIEWS COMPENSATION FOR ALL STAFF. FORM 990, PART VI, SECTION C, LINE 19 TEAM PA MAKES AVAILABLE TO THE PUBLIC THE ANNUAL FINANCIAL STATEMENTS AND FORM 990 VIA THE WEBSITE AT HTTP://TEAMPA.COM/ABOUT/FIANNCIAL/. THE CONFLICT OF INTEREST POLICY AND BYLAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,603. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,603. CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,173,552. MANAGEMENT AND GENERAL EXPENSES 209,882. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,383,434. HONORARIUMS: PROGRAM SERVICE EXPENSES 20,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,000. FILING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 250. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR