2023-11-14T10:59:13-06:00 2022-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2022-01-01 250965213 ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT ALLE 4122814783 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 JANEL SKELLEY CHIEF FINANCIAL OFFICER 4122814783 2023-11-08 1 JANEL SKELLEY 999009999 0 SUSAN M KIRSCH P00341397 4122613644 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEFANI PASHMAN 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 12660423 0 X WWW.ALLEGHENYCONFERENCE.ORG X 1944 PA TO STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE THROUGHOUT SOUTHWESTERN PENNSYLVANIA. 52 51 73 58 0 0 13034153 10301002 1585991 2329294 7179 20127 10000 10000 14637323 12660423 3413444 4277615 0 0 5781111 7184587 0 0 408875 -443275 71401 8751280 11533603 5886043 1126820 18714187 22189526 1704612 4053131 17009575 18136395 X THE ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT (ACCD) AND AFFILIATES - THE GREATER PITTSBURGH CHAMBER OF COMMERCE (CHAMBER), THE PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH(PELGP) AND THE PITTSBURGH REGIONAL ALLIANCE (PRA) - WORK IN COLLABORATION WITH PUBLIC AND PRIVATE SECTOR PARTNERS TO STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE IN SOUTHWESTERN PENNSYLVANIA. 0 0 4891794 2530600 1340552 TO LAY THE FOUNDATION FOR ACHIEVING OUR SHARED VISION FOR A VITAL, GLOBALLY COMPETITIVE REGION WHERE ALL PEOPLE THRIVE, THE ALLEGHENY CONFERENCE ADVANCED A FOCUSED AGENDA ACROSS THREE STRATEGIC PRIORITIES AND MOBILIZED MEMBERS AND PARTNERS ACROSS THE REGION.TOGETHER WE ARE GROWING OUR ECONOMY BY SECURING BUSINESS INVESTMENT AND JOB CREATION:IN SERVICE TO THE 10-COUNTY PITTSBURGH REGION, OUR BUSINESS INVESTMENT TEAM SECURED 22 BUSINESS INVESTMENT PROJECT WINS, REPRESENTING $1.1 BILLION IN CAPITAL INVESTMENT. OUR EFFORTS ALSO CREATED A PIPELINE OF 135 PROJECTS, REPRESENTING THE POTENTIAL FOR 18,600 NEW AND RETAINED JOBS, AND $14.98 BILLION IN CAPITAL INVESTMENT. (CONTINUED ON SCH O)THESE ECONOMIC DEVELOPMENT EFFORTS FOCUSED ON OPPORTUNITIES IN KEY HIGH-GROWTH, FUTURE-FOCUSED INDUSTRIES WHERE THE REGION HAS COMPETITIVE ADVANTAGES, INCLUDING: AUTONOMY AND ROBOTICS, CYBERSECURITY, FINANCIAL SERVICES AND LIFE SCIENCES. EFFORTS RESULTED IN:ELEVATEBIO AND THE UNIVERSITY OF PITTSBURGH ANNOUNCING THE CREATION OF THE PITT BIOFORGE BIO-MANUFACTURING CENTER AT HAZELWOOD GREEN TO ACCELERATE GENE AND CELL THERAPY INNOVATION. THE PARTNERSHIP, ENABLED BY A $100 MILLION GRANT FROM THE RICHARD KING MELLON FOUNDATION, IS EXPECTED TO CREATE 172 SIX-FIGURE JOBS, SERVES AS A STERLING EXAMPLE OF OUR PHILANTHROPIC AND HIGHER EDUCATION STAKEHOLDERS CONTINUING TO DRIVE OUR REGION'S ECONOMY.GECKO ROBOTICS AFFIRMING PITTSBURGH AS ITS HEADQUARTERS AND EXPANDING ITS LOCAL PRESENCE TO 40 JOBS WITH AN ESTIMATED $10 MILLION CAPITAL INVESTMENT AT NOVA PLACE. TESSERACT SOLUTIONS, A FRANCE-BASED SOFTWARE DEVELOPMENT COMPANY ESTABLISHING ITS U.S. HEADQUARTERS, KMELEON, INC., IN PITTSBURGH'S LAWRENCEVILLE NEIGHBORHOOD. THE TECHNOLOGY PROVIDES MAJOR ROBOT SUPPLIERS WITH A SIMPLE, UNIVERSAL LANGUAGE TO PROGRAM ROBOTS.ADDITIVE AND ADVANCED MANUFACTURING, DISTRIBUTION AND ENERGY. EFFORTS RESULTED IN:THE OPENING OF SHELL POLYMERS MONACA (SPM), THE FIRST MAJOR POLYETHYLENE MANUFACTURING COMPLEX IN THE NORTHEASTERN UNITED STATES. THE RIBBON CUTTING FOR THE MULTIBILLION-DOLLAR FACILITY CAPPED A DECADE OF WORK BY THE ALLEGHENY CONFERENCE AND AFFILIATES TO RAISE GLOBAL AWARENESS OF THE OPPORTUNITY IN THE MARCELLUS SHALE AND TO WORK DIRECTLY WITH SHELL AND OTHER GLOBAL PETROCHEMICAL COMPANIES TO ENCOURAGE INVESTMENT. THE FACILITY IS POSITIONED TO BECOME A CRUCIAL ANCHOR FOR THE DEVELOPMENT OF CARBON CAPTURE AND HYDROGEN SOLUTIONS CRITICAL TO ACHIEVING A LOW-CARBON, INDUSTRIAL FUTURE FOR THE PITTSBURGH REGION AND THE NATION.NEXTRACKER LLC, THE GLOBAL MARKET LEADER IN UTILITY-SCALE SOLAR TRACKERS, AND BCI STEEL, A PITTSBURGH-BASED STEEL FABRICATOR, REOPENING THE HISTORIC BETHLEHEM STEEL MANUFACTURING FACTORY IN LEETSDALE TO PRODUCE SOLAR TRACKER EQUIPMENT FOR LARGE-SCALE SOLAR POWER PLANTS IN PENNSYLVANIA, INDIANA, NEW YORK AND OHIO.IN 2022, THANKS IN LARGE PART TO THE SUPPORT WE RECEIVED FROM THE COMMONWEALTH OF PENNSYLVANIA IN THE FORM OF A $2 MILLION GRANT THAT SUPPLEMENTS THE IMPORTANT SUPPORT FROM OUR REGIONAL INVESTORS, WE INCREASED INVESTMENT IN MARKETING TO RAISE AWARENESS OF THE PITTSBURGH REGION WITH A BUSINESS INVESTMENT AUDIENCE. AMPLIFIED MARKETING EFFORTS ACROSS CHANNELS RESULTED IN A: 65% INCREASE IN WEBSITE USERS 65% INCREASE IN LINKEDIN FOLLOWERS 48% INCREASE IN EARNED MEDIA REACHA SPECIAL PAID CAMPAIGN WITH THE WALL STREET JOURNAL RESULTED IN 3.9 MILLION IMPRESSIONS. A SIMILAR CAMPAIGN WITH FORTUNE MAGAZINE TOOK OUR REGIONAL MESSAGE TO 10,000 C-SUITE DECISION MAKERS IN EIGHT TARGET U.S. MARKETS. 2298279 1318800 375989 WE GALVANIZED INCLUSIVE REGIONAL ENGAGEMENT TO ENHANCE VITALITY FOR ALL:WE IMPLEMENTED AND BEGAN TO SOCIALIZE THE INCLUSIVE GROWTH PRINCIPLES, WHICH FOCUS ON EMPLOYMENT, BUSINESS GROWTH AND COMMUNITY WEALTH, INCLUDING THE LAUNCH OF THE FIRST FIVE OF A SERIES OF INCLUSIVE GROWTH ROUNDTABLES FOR ALLEGHENY CONFERENCE REGIONAL INVESTORS AND PARTNERS. THE ROUNDTABLES WERE USED TO RAISE THE ISSUES OF INCLUSIVE GROWTH WITH 25% OF THE CONFERENCE'S REGIONAL INVESTOR COUNCIL, WHOSE ORGANIZATIONS DIRECTLY PARTICIPATED IN ONE OR MORE OF THE SESSIONS.(CONTINUED ON SCH 0)WE HELPED TO DELIVER $2.5 MILLION OF NEIGHBORHOOD PARTNERSHIP PROGRAM INVESTMENT IN OUR 16 STRENGTHENING COMMUNITIES PARTNERSHIP COMMUNITIES. THIS FUNDING SUPPORTS COMMUNITY DEVELOPMENT FROM JOB CREATION TO MAIN STREET VITALITY AND MORE.WE ADVANCED MINORITY ENTREPRENEURSHIP AND COMMUNITY DEVELOPMENT AS A SPONSORING ENTITY FOR THE BLACK ECONOMIC ADVANCEMENT MOBILITY (BEAM) COLLABORATIVE. BEAM, WHICH IS UP AND RUNNING, IDENTIFIES PROMISING MINORITY-OWNED BUSINESSES WITH THE POTENTIAL TO SCALE, SUPPORTS THEM IN BUILDING CAPACITY AND CONNECTS THEM WITH POTENTIAL CUSTOMERS. BEAM IS OPERATING UNDER ITS OWN 501(C)(3) IN 2023.THE STRATEGIC INVESTMENT FUND DEVELOPED A NEW STRATEGIC FOCUS FOR FUTURE-LOOKING INVESTMENT OPPORTUNITIES AND IS AIMING TO EXTEND THE PURPOSE OF THE FUND THROUGH RECAPITALIZATION. THE FUND WOULD CONTINUE ITS FOCUS ON ECONOMIC DEVELOPMENT AND JOB CREATION WITH AN ADDED EMPHASIS ON STRENGTHENING PITTSBURGH'S DOWNTOWN AS THE CORE OF THE SOUTHWESTERN PENNSYLVANIA REGION AND ECONOMY.THE 2022 PITTSBURGH PASSPORT* KICKED OFF ITS FOURTH YEAR AS A MARQUEE PROGRAM TO SHOWCASE THE REGION'S AMENITIES AND OPPORTUNITIES TO RETAIN MORE COLLEGE STUDENTS AND RECENT GRADUATES TO FILL THE TALENT PIPELINE FOR REGIONAL EMPLOYERS.IN TOTAL, THE PROGRAM HAS REACHED MORE THAN 6,000 COLLEGE STUDENTS FROM 39 STATES AND 41 COUNTRIES VIA A HYBRID PLATFORM OF IN-PERSON AND VIRTUAL EVENTS. OF THE STUDENTS REACHED, 40% WERE FROM DIVERSE BACKGROUNDS. THE PROGRAM IS TO BECOME A SIGNIFICANT ELEMENT OF AN INTENSIFIED AND COMPREHENSIVE APPROACH TO RETAINING AND ATTRACTING MORE TALENT TO THE REGION BY ENGAGING THEM WITH EMPLOYERS, ARTS AND RECREATION OPPORTUNITIES AND OTHER KEY STAKEHOLDERS THROUGH A NEW REGIONAL TALENT COLLABORATIVE CONVENED BY THE ALLEGHENY CONFERENCE FOR LAUNCH IN 2023.*PITTSBURGH PASSPORT IS A PROGRAM OF THE ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT AND NOT AFFILIATED WITH PASSPORT TO PITTSBURGH, LLC. 1801328 307473 499311 WE WORKED TO UNLOCK THE REGION'S POTENTIAL BY IMPROVING COMPETITIVENESS, REMOVING POLICY BARRIERS AND SECURING TRANSFORMATIVE PUBLIC SECTOR INVESTMENT:WE BUILT OUT KEY CLUSTERS IN ROBOTICS AND AUTONOMY AND ENERGY TO CREATE JOBS:(CONTINUED ON SCH O)ROBOTICS AND AUTONOMY:AS PART OF THE SOUTHWESTERN PENNSYLVANIA NEW ECONOMY COLLABORATIVE, WE WERE INSTRUMENTAL IN SOUTHWESTERN PENNSYLVANIA RECEIVING A $62.7M FEDERAL GRANT TO BUILD THE ROBOTICS AND AUTONOMY CLUSTER WITH A FOCUS ON GROWING OPPORTUNITY FOR ALL PEOPLE AND PLACES IN THE 11-COUNTY REGION.THE SOUTHWESTERN PENNSYLVANIA REGION WAS ONE OF ONLY 21 APPLICANTS TO RECEIVE GRANT FUNDING, CHOSEN FROM THE 60 FINALISTS INVOLVED IN PHASE 2 OF THE BUILD BACK BETTER REGIONAL CHALLENGE (BBBRC). THE FEDERAL GRANT, THE FIRST IN THE CONFERENCE'S HISTORY, WAS ONE OF ONLY THREE BBBRC AWARDS FEATURED IN THE BIDEN ADMINISTRATION'S PRESS ANNOUNCEMENT AND WAS RECOGNIZED BY THE BROOKINGS INSTITUTION AS BEING AMONG THE "MOST EQUITABLE" PROPOSALS, TAKING AN ESTABLISHED CLUSTER AND CONNECTING IT TO MORE RURAL REGIONS THAT ARE OFTEN LEFT OUT OF SUCH INITIATIVES. PARTNERS ACROSS LABOR, EDUCATIONAL INSTITUTIONS, WORKFORCE AND ECONOMIC DEVELOPMENT COLLEAGUES, BUSINESSES AND MORE CAME TOGETHER OVER THE COURSE OF A YEAR TO DEVELOP THE REGION'S APPROACH. DURING THE APPLICATION PROCESS, THE COLLABORATIVE CONVENED A COALITION OF MORE THAN 90 PUBLIC AND PRIVATE ORGANIZATIONS ACROSS THE 11-COUNTY FOOTPRINT.WITH THE FUNDING, THE COLLABORATIVE WILL CREATE: A NEW SYSTEM FOR COMPANIES TO UPGRADE SYSTEMS AND ADOPT ROBOTICS TECHNOLOGY; A MANUFACTURING HUB AND A NETWORK FOR REGIONAL MAKERSPACES FOR SMALL AND MEDIUM-SIZED COMPANIES TO TEST NEW TECHNOLOGY SOLUTIONS; A ROBOTICS STARTUP FACTORY; A FELLOWSHIP PROGRAM AND TRAINING PROGRAM FOR TRADITIONALLY UNDERREPRESENTED ENTREPRENEURS; AND AN EDUCATION AND TRAINING SYSTEM FROM APPRENTICESHIP TO CERTIFICATES THROUGH FOUR-YEAR DEGREES.ENERGY:TO FINALIZE AND IMPLEMENT A FRAMEWORK FOR THE PITTSBURGH REGION'S TRANSITION TO A DIVERSE, LOW-CARBON ENERGY FUTURE, WE RELEASED "OUR REGION'S ENERGY FUTURE." THE REPORT WAS DEVELOPED BY A 25-PLUS MEMBER ALLEGHENY CONFERENCE ENERGY TASK FORCE WHOSE MEMBERS REPRESENT SOUTHWESTERN PENNSYLVANIA'S PUBLIC AND PRIVATE SECTORS, AS WELL AS ACADEMIA AND PHILANTHROPY. THE TASK FORCE PROVIDED RESEARCH-GROUNDED INSIGHTS TO SUPPORT A REGIONAL STRATEGY TO ACCELERATE DECARBONIZATION WHILE DRIVING INVESTMENT, EMPLOYMENT AND INCLUSIVE GROWTH. IN ADDITION TO IDENTIFYING SIX DECARBONIZATION "LEVERS" TO ACHIEVE THE LONG-TERM GOAL, THE REPORT LAID THE GROUNDWORK FOR THE FORMATION OF TWO BOARD-LED WORKING GROUPS, ONE FOCUSED ON LOW-CARBON ELECTRICITY, AND THE OTHER ON HYDROGEN AND CARBON CAPTURE TECHNOLOGIES.FOLLOWING ISSUANCE OF THE REPORT, WE CONVENED STAKEHOLDERS TO DEVELOP DETAILED PLANS AND MOVE THEM FORWARD. EARLY OUTREACH INCLUDED A MANUFACTURING SUMMIT CONVENED IN PARTNERSHIP WITH THE TEAM PENNSYLVANIA FOUNDATION. AT THE EVENT, PENNSYLVANIA GOVERNOR TOM WOLF MADE A HISTORIC ANNOUNCEMENT OF PENNSYLVANIA'S INTENT TO LEAD IN THE DEVELOPMENT OF CLEAN HYDROGEN AND ENSURE THAT ENERGY-RELATED FEDERAL FUNDING IS DIRECTED TOWARD PROJECTS IN OUR REGION AND STATE. THIS ANNOUNCEMENT WAS CRITICAL TO ADVANCING THE LONG-TERM ENERGY STRATEGY.IN COLLABORATION WITH THE PENNSYLVANIA ENVIRONMENTAL COUNCIL AND OTHER PARTNERS, WE LAUNCHED THE SOUTHWEST PENNSYLVANIA DECARBONIZATION FORUM TO BRING TOGETHER LEADERS FROM GOVERNMENT, INDUSTRY, ACADEMIA, NONGOVERNMENTAL AND COMMUNITY ORGANIZATIONS TO SEIZE THE OPPORTUNITIES OF A LOW-CARBON ECONOMY WHILE ALSO FINDING SOLUTIONS TO SPECIFIC CHALLENGES ALONG THE WAY.WE FORMED A REGIONAL COALITION REPRESENTING LABOR, ENVIRONMENT, ACADEMIA, WORKFORCE, ENERGY TRANSITION AND ECONOMIC DEVELOPMENT ORGANIZATIONS TO SUPPORT THE REGION'S PURSUIT OF FEDERAL FUNDING OPPORTUNITIES AND DEVELOPMENT OF COMMUNITY BENEFIT PLANS. UNDER THE LEADERSHIP OF CARNEGIE MELLON UNIVERSITY, THE ALLEGHENY CONFERENCE PARTNERED WITH ALLEGHENY COUNTY AND THE CITY OF PITTSBURGH TO CO-CHAIR THE LOCAL HOST COMMITTEE FOR THE GLOBAL CLEAN ENERGY ACTION FORUM ORGANIZED BY THE U.S. DEPARTMENT OF ENERGY, WHICH BROUGHT MORE THAN 6,000 VISITORS FROM 32 COUNTRIES TO PITTSBURGH FOR A GLOBAL CONVERSATION ABOUT THE FUTURE OF ENERGY. IN CHOOSING PITTSBURGH, U.S. ENERGY SECRETARY JENNIFER GRANHOLM NOTED THAT PITTSBURGH IS "A TOWN THAT EXEMPLIFIES HOW A LEGACY OF ENERGY- AND INDUSTRIAL-DEPENDENT ECONOMY CAN BE TRANSFORMED INTO A TECHNOLOGY AND INNOVATION POWERHOUSE." EARNED MEDIA COVERAGE OF THE EVENT TOTALED 83 PIECES OF COVERAGE (PRINT, BROADCAST AND DIGITAL) WITH A REACH OF APPROXIMATELY 388 MILLION.THROUGH OUR ADVOCACY EFFORTS, WE DELIVERED ON SEVERAL PRIORITIES IN 2022. THESE INCLUDED:ACHIEVING A LONGSTANDING GOAL OF AN IMMEDIATE REDUCTION OF THE CORPORATE NET INCOME (CNI) TAX. THE MEASURE REDUCED PENNSYLVANIA'S 9.99% CNI IMMEDIATELY TO 8.9% AND CONTINUES TO LOWER THE RATE OVER TIME UNTIL IT IS CUT IN HALF TO 4.9%, REMOVING A FLASHING RED LIGHT DISCOURAGING BUSINESS INVESTMENT. STUDIES HAVE SHOWN THAT A DECREASE IN THE CNI TAX RATE WILL INCREASE GDP, BOOST WAGES, INCREASE HOME VALUES, CREATE FAMILY-SUSTAINING JOBS AND ATTRACT AND RETAIN EMPLOYERS AND TALENT. IT SERVES AS A SIGNAL TO FIRMS AND COMPANIES BOTH INSIDE AND OUTSIDE OF PENNSYLVANIA THAT THE COMMONWEALTH IS OPEN FOR BUSINESS.PASSING THE PENNSYLVANIA ECONOMIC DEVELOPMENT FOR A GROWING ECONOMY (PA EDGE) TAX CREDIT PROGRAM CREATING FOUR DISTINCT TAX CREDIT PROGRAMS ACROSS THE STATE. THESE INCLUDE A REGIONAL CLEAN HYDROGEN HUB TAX CREDIT (REGIONAL CLEAN HYDROGEN HUB MEANS A NETWORK OF CLEAN HYDROGEN PRODUCERS, POTENTIAL CLEAN HYDROGEN CONSUMERS AND CONNECTIVE INFRASTRUCTURE LOCATED IN PROXIMITY) AND A SEMI-CONDUCTOR MANUFACTURING, BIOMEDICAL MANUFACTURING AND RESEARCH TAX CREDIT. THE LEGISLATION REQUIRES ELIGIBLE HYDROGEN HUB PROJECTS TO CREATE AT LEAST 1,200 PERMANENT AND NEW JOBS, WHILE ELIGIBLE BIO-MEDICAL AND SEMICONDUCTOR PROJECTS MUST CREATE AT LEAST 800 PERMANENT JOBS, ULTIMATELY BOLSTERING OUR REGIONAL EMPLOYMENT OPPORTUNITIES. SUPPORTING A STATE AUTONOMOUS VEHICLE REGULATORY FRAMEWORK THAT CREATED THE APPROPRIATE REGULATORY FRAMEWORK IN PENNSYLVANIA TO SUPPORT THE GROWTH OF THE AUTONOMOUS VEHICLE INDUSTRY. THIS FRAMEWORK BUILDS ON THE PITTSBURGH REGION'S GLOBAL LEADERSHIP AND SUPPORTS THE BUILD BACK BETTER REGIONAL CHALLENGE STRATEGY TO CREATE A REGIONAL ECOSYSTEM FOR ROBOTICS AND AUTONOMY. SUCCESSFULLY ADVOCATING FOR AND HELPING TO SECURE MORE THAN $1 BILLION IN FEDERAL AND STATE INFRASTRUCTURE INVESTMENT FOR REGIONAL PROJECTS, INCLUDING BUT NOT LIMITED TO: $857 MILLION, MONTGOMERY LOCKS AND DAMS $77 MILLION, EMSWORTH LOCK AND DAM $11.3 MILLION, HILL DISTRICT CENTER AVENUE RECONSTRUCTION $565,000, EAST BUSWAY EXPANSION PLANNING GRANTWE DEFINED AND UNVEILED A STRATEGY TO REVITALIZE DOWNTOWN PITTSBURGH IN PARTNERSHIP WITH THE PITTSBURGH DOWNTOWN PARTNERSHIP (PDP).WITH THE PDP, WE DEVELOPED A DOWNTOWN PITTSBURGH REVITALIZATION PLAN TO RESPOND TO THE DETERIORATION OF THE COMMERCIAL OFFICE MARKET AND QUALITY OF PLACE FOR THE CENTRAL BUSINESS DISTRICT BECAUSE OF THE COVID-19 PANDEMIC AND ECONOMIC TRENDS THAT PRE-DATED THE PANDEMIC. THE URBAN REDEVELOPMENT AUTHORITY BOARD AGREED TO CONTRIBUTE $3 MILLION TO A DOWNTOWN CONVERSION FUND, AND THE DEPARTMENT OF CITY PLANNING HAD PROPOSED ZONING CHANGES THAT WOULD STREAMLINE CONVERSION. TO IMPROVE THE PEDESTRIAN EXPERIENCE OF DOWNTOWN, THE CONFERENCE SUPPORTED THE PITTSBURGH DOWNTOWN PARTNERSHIP IN ITS EFFORT TO RAISE $5 MILLION OVER FIVE YEARS FROM CORPORATE AND PHILANTHROPIC SOURCES TO PROVIDE A UNIFORMED BUT NON-LAW ENFORCEMENT AMBASSADOR PROGRAM TO SUPPORT WAYFINDING, VISITOR SUPPORT, CONFLICT RESOLUTION AND MORE. 338041 120742 113442 OTHER ANCILLARY PROGRAM SERVICES. 338041 120742 113442 9329442 1 1 0 1 0 0 0 0 0 0 1 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 1 0 1 30 0 1 73 1 0 0 0 0 1 1 0 0 0 0 0 0 0 X 52 51 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JANEL SKELLEY 4122814783 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 STEFANI PASHMAN CEO 22.00 19.00 X X 553506 0 32499 LAURA KARET CHAIR 1.00 0.00 X X 0 0 0 DAVID L HOLMBERG VICE CHAIR 1.00 0.00 X X 0 0 0 LEROY M BALL JR TREASURER 1.00 0.00 X X 0 0 0 KEVIN WALKER SECRETARY 1.00 0.00 X X 0 0 0 WILLIAM S DEMCHAK IMMEDIATE PAST CHAIR 1.00 2.00 X X 0 0 0 WILL ALLEN AT LARGE MEMBER 0.50 0.00 X 0 0 0 JOHN A BARBOUR (EXIT 1/2022) 0.50 0.00 X 0 0 0 WALTER R BASHAW AT LARGE MEMBER 0.50 0.00 X 0 0 0 ERIC BOUGHNER AT LARGE MEMBER 0.50 0.00 X 0 0 0 JEFF BROADHURST AT LARGE MEMBER 0.50 0.00 X 0 0 0 QUINTIN B BULLOCK DDS AT LARGE MEMBER 0.50 0.00 X 0 0 0 HELEN HANNA CASEY AT LARGE MEMBER 0.50 0.00 X 0 0 0 LESLIE C DAVIS AT LARGE MEMBER 0.50 0.00 X 0 0 0 VINCENT J DELIE JR AT LARGE MEMBER 0.50 0.00 X 0 0 0 J CHRISTOPHER DONAHUE AT LARGE MEMBER 0.50 0.00 X 0 0 0 JOHN J ENGEL AT LARGE MEMBER 0.50 0.00 X 0 0 0 KAREN WOLK FEINSTEIN AT LARGE MEMBER 0.50 0.00 X 0 0 0 DANIEL K FITZPATRICK AT LARGE MEMBER 0.50 0.00 X 0 0 0 KIMBERLY TILLOTSON FLEMING AT LARGE MEMBER (EXIT 12/2022) 0.50 0.00 X 0 0 0 CHRISTOPHER FRANKLIN AT LARGE MEMBER 0.50 0.00 X 0 0 0 PATRICK D GALLAGHER AT LARGE MEMBER 0.50 0.00 X 0 0 0 KENNETH G GORMLEY AT LARGE MEMBER 0.50 0.00 X 0 0 0 STEVEN J GUY AT LARGE MEMBER (EXIT 8/2022) 0.50 0.00 X 0 0 0 SEVERIN HACKER AT LARGE MEMBER (EXIT 8/2022) 0.50 0.00 X 0 0 0 CHARLES L HAMMEL III AT LARGE MEMBER 0.50 0.00 X 0 0 0 KAREN HANLON AT LARGE MEMBER (ENTER 5/2022) 0.50 0.00 X 0 0 0 JASON E HAZLEWOOD AT LARGE MEMBER 0.50 0.00 X 0 0 0 DIANE P HOLDER AT LARGE MEMBER 0.50 0.00 X 0 0 0 CHRISTOPHER B HOWARD AT LARGE MEMBER (EXIT 2/2022) 0.50 0.00 X 0 0 0 FARNAM JAHANIAN AT LARGE MEMBER 0.50 0.00 X 0 0 0 HAAKAN JONSSON AT LARGE MEMBER 0.50 0.00 X 0 0 0 REBEKAH BYERS KCEHOWSKI AT LARGE MEMBER 0.50 0.00 X 0 0 0 RONALD C KEATING AT LARGE MEMBER 0.50 0.00 X 0 0 0 MARK R KEMPIC AT LARGE MEMBER 0.50 0.00 X 0 0 0 DAVID J MALONE AT LARGE MEMBER 0.50 0.00 X 0 0 0 CHRISTOPHER MARTIN AT LARGE MEMBER 0.50 0.00 X 0 0 0 MICHAEL H MCGARRY AT LARGE MEMBER 0.50 0.00 X 0 0 0 JAMES MCQUADE AT LARGE MEMBER 0.50 0.00 X 0 0 0 HILARY MERCER AT LARGE MEMBER 0.50 0.00 X 0 0 0 DAVID J MOREHOUSE AT LARGE MEMBER (EXIT 4/2022) 0.50 0.00 X 0 0 0 GRANT OLIPHANT AT LARGE MEMBER (EXIT 1/2022) 0.50 0.00 X 0 0 0 ANTONIS PAPADOURAKIS AT LARGE MEMBER (EXIT 12/2022) 0.50 0.00 X 0 0 0 SAM REIMAN AT LARGE MEMBER 0.50 0.00 X 0 0 0 JAMES H ROCK AT LARGE MEMBER (EXIT 9/2022) 0.50 0.00 X 0 0 0 DAVID K ROGER AT LARGE MEMBER 0.50 0.00 X 0 0 0 CHRISTOPHER ROSSI AT LARGE MEMBER 0.50 0.00 X 0 0 0 BRYAN SALESKY AT LARGE MEMBER 0.50 0.00 X 0 0 0 RAFAEL OTTONI SANTANA AT LARGE MEMBER 0.50 0.00 X 0 0 0 STEVE R SCHOTT AT LARGE MEMBER 0.50 0.00 X 0 0 0 LISA M SCHROEDER AT LARGE MEMBER 0.50 0.00 X 0 0 0 JAMES SEGERDAHL AT LARGE MEMBER 0.50 0.00 X 0 0 0 VENKEE SHARMA AT LARGE MEMBER (EXIT 12/2022) 0.50 0.00 X 0 0 0 SUSAN BAKER SHIPLEY AT LARGE MEMBER (EXIT 12/2022) 0.50 0.00 X 0 0 0 WILLIAM E STRICKLAND JR AT LARGE MEMBER 0.50 0.00 X 0 0 0 JAMIE S TUITE AT LARGE MEMEBER (ENTER 1/2022) 0.50 0.00 X 0 0 0 NISHAN J VARTANIAN AT LARGE MEMBER 0.50 0.00 X 0 0 0 LARA WASHINGTON AT LARGE MEMBER (EXIT 12/2022) 0.50 0.00 X 0 0 0 ROBERT S WETHERBEE AT LARGE MEMBER 0.50 0.00 X 0 0 0 JANEL SKELLEY CFO 35.00 8.00 X 238973 0 31516 WILLIAM FLANAGAN CHIEF CORP RELATIONS OFFICER 32.00 12.00 X 240399 0 44185 MARK THOMAS PRESIDENT, PRA 3.00 32.00 X 282856 0 27141 MATT SMITH CHIEF GROWTH OFFICER 10.00 35.00 X 314784 0 25467 VERA KREKANOVA CHIEF STRATEGY OFFICER 14.00 26.00 X 196232 0 22372 CECELIA CAGNI CHIEF MARKTG & COMM OFFICER 24.00 26.00 X 187671 0 24614 MAJESTIC LANE CHEIF EQUITY OFFICER 11.00 27.00 X 131500 0 15309 PATRICIA HORVATICH VICE PRESIDENT 2.00 55.00 X 136509 0 32313 KAREN ADKINS VICE PRESIDENT 43.00 0.00 X 130518 0 19468 2412948 0 274884 16 0 1 0 PROPHET BRAND STRATEGY INC ONE BUSH STREET 7TH FLOOR SAN FRANSISCO CA 94104 CONSULTING SERVICES 380000 HR&A ADVISORS INC 99 HUDSON STREET 3RD FLOOR NEW YORK NY 10013 CONSULTING SERVICES 149199 2 500000 9801002 10301002 SHARED SERVICES REIMB 900099 2134285 2134285 RELATED ORG SERVICE FEE 900099 188633 188633 ECONOMIC IMPACT STUDIES 900099 27475 27475 ANCILLARY REVENUE 900099 6740 6740 PROGRAM INVESTMENT REVENUE 900099 -27839 -27839 2329294 20127 20127 10000 10000 12660423 2329294 0 30127 X 4277615 4277615 1753472 1212898 457156 83418 4423864 2770274 1222160 431430 168243 106179 45706 16358 435737 280752 118598 36387 403271 259881 109636 33754 64777 24481 40296 121729 40138 81591 1303663 1100564 198456 4643 219466 90687 127871 908 119004 45342 72868 794 189627 67761 121866 892467 305120 587347 116995 64996 39062 12937 469724 283055 38990 147679 109075 35966 73109 69735 24496 45239 RESEARCH & DEVELOPMENT 195190 64381 130620 189 DUES AND MEMBERSHIPS 32443 11435 15240 5768 SHARED EXPENSES -3908211 -1773926 -1768895 -365390 75717 37347 38370 11533603 9329442 1795286 408875 970752 713700 6027635 4819149 4476211 6182233 662122 1881361 151728 192637 1086002 905363 220995 180639 3003 3003 6201741 6305540 0 1911264 18714187 22189526 1704612 4053131 1704612 4053131 X 2691343 2697773 14318232 15438622 17009575 18136395 18714187 22189526 1126820 0 X X 0 1 X 1 0 X 7478018 7185106 5149085 13034153 10301002 43147364 7478018 7185106 5149085 13034153 10301002 43147364 8167775 34979589 44702 70905 46494 17179 30127 209407 43356771 11731163 0.80680 0.75940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 X 0 364 0 364 11533603 16138018 11533603 16138382 726680 956919 181670 239230 0 0 0 0 799841 802162 686668 956919 3245590 4868385 10766 1239 798 364 13167 199960 200541 171667 239230 811398 1217097 739178 626168 113010 331524 263895 67629 15300 15300 0 180639 INVESTMENT IN SIF, LP 405493 C INVESTMENT IN SIF, INC. 4291468 C INVESTMENT IN P32, LP 1519828 C INVESTMENT IN P32, LLC 88751 C 6305540 RIGHT OF USE ASSETS 1911264 1911264 X 7599242 44670 -2971566 -2926896 10526138 2134285 2134285 12660423 6472422 44670 44670 6427752 5105851 5105851 11533603 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED THE ACCOUNTING FOR INCOME TAXES TOPIC OF THE ACCOUNTING STANDARDS CODIFICATION (CODIFICATION), WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR FINANCIAL STATEMENT DISCLOSURE OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE CONFERENCE AND AFFILIATES' COMBINED STATEMENTS OF FINANCIAL POSITION AT DECEMBER 31, 2022 AND 2021 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE CONFERENCE AND AFFILIATES HAVE NO UNRECOGNIZED TAX BENEFITS. THE CONFERENCE AND AFFILIATES ARE NO LONGER SUBJECT TO EXAMINATION OF THEIR TAX RETURNS FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: GRANT EXPENSE -2,971,566. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSEMENT OF SHARED SERVICES BY AFFILIATES 2,134,285. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE 2,971,566. REIMBURSEMENT OF SHARED SERVICES BY AFFILIATES 2,134,285. 1 PA ECONOMY LEAGUE OF GREATER PITTSBURGH 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 231352264 501(C)(3) 27475 0 N/A N/A PROJECT SUPPORT PITTSBURGH REGIONAL ALLIANCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 251780438 501(C)(3) 831934 0 N/A N/A PROJECT SUPPORT PA ECONOMY LEAGUE OF GREATER PITTSBURGH 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 231352264 501(C)(3) 1030498 0 N/A N/A OPERATING SUPPORT PITTSBURGH REGIONAL ALLIANCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 251780438 501(C)(3) 1902476 0 N/A N/A OPERATING SUPPORT PITTSBURGH MINORITY BUSINESS ACCELERATOR 301 GRANT STREET PITTSBURGH PA 15219 871675373 501(C)(3) 426640 0 N/A N/A PROGRAM SUPPORT WOMEN FOR ECONOMIC & LEADERSHIP DEVELOPMENT 752 N STATE STREET SUITE 398 WESTERVILLE OH 43082 454542456 501(C)(3) 20000 0 N/A N/A PROGRAM SUPPORT SWPA RESPONSIBLE GROWTH INC 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 873947053 501(C)(4) 38592 0 N/A N/A PROGRAM SUPPORT 4 1 PART I, LINE 2: THE ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT (ACCD), ALONG WITH ITS AFFILIATED ORGANIZATIONS: PITTSBURGH REGIONAL ALLIANCE, PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH AND THE GREATER PITTSBURGH CHAMBER OF COMMERCE SHARE A COMMON AGENDA AND STRATEGIC PLAN. WORKING TO STIMULATE ECONOMIC GROWTHER AND IMPROVE THE QUALITY OF LIFE IN SOUTHWESTERN PENNSYLAVIA, ACCD ACTS AS THE FUNDING ARM OF THE AFFILIATIONS THROUGH ITS ANNUAL CAMPAIGN. THE AFFILIATED ORGANIZATIONS REPORT TO THE ACCD BOARD OF DIRECTORS IN THEIR PROGRESS AND USES OF FUNDING. OCCASIONALLY, THE ACCD BOARD APPROVES GRANTS TO ORGANIZATIONS OR AGENCIES THAT SUPPORT THE MISSION OF ACCD TO STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE IN SOUTHWESTERN PENNSYLVANIA. ACCD MONIOTRS THE USE OF THESE FUNDS TO ENSURE THEY ARE USED FOR THEIR INTENDED PURPOSE. X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 STEFANI PASHMAN CEO 431269 0 120943 0 1294 0 16721 0 15778 0 586005 0 0 0 MATT SMITH CHIEF GROWTH OFFICER 273320 0 40170 0 1294 0 18349 0 7118 0 340251 0 0 0 MARK THOMAS PRESIDENT, PRA 242168 0 40170 0 518 0 13503 0 13638 0 309997 0 0 0 WILLIAM FLANAGAN CHIEF CORP RELATIONS OFFICER 193949 0 39306 0 7144 0 14972 0 29213 0 284584 0 0 0 JANEL SKELLEY CFO 207397 0 30732 0 844 0 16440 0 15076 0 270489 0 0 0 VERA KREKANOVA CHIEF STRATEGY OFFICER 164964 0 30450 0 818 0 9327 0 13045 0 218604 0 0 0 CECELIA CAGNI CHIEF MARKTG & COMM OFFICER 160085 0 26775 0 811 0 11125 0 13489 0 212285 0 0 0 PATRICIA HORVATICH VICE PRESIDENT 126498 0 4500 0 5511 0 8231 0 24082 0 168822 0 0 0 PART I, LINE 1A ACCD CURRENTLY PAYS FOR THE QUARTERLY DUES OF THE CEO, CHIEF CORPORATE RELATIONS OFFICER AND PRESIDENT OF GPCC WHO BELONG TO A BUSINESS CLUB. THE BUSINESS CLUB HAS BEEN IDENTIFIED BY THE BOARD AS HAVING MEMBERS YIELDING TREMENDOUS IMPACT ON THE CITY, REGION, COUNTRY, AND EVEN THE WORLD. A VAST MAJORITY OF THE BOARD MEMBERS ARE MEMBERS OF THIS BUSINESS CLUB AND ARE CONSIDERED LEADERS OF THE BUSINESS COMMUNITY. THE PRIMARY PURPOSE OF HAVING THIS MEMBERSHIP IS TO CONDUCT BOARD MEETINGS AND OTHER BUSINESS MEETINGS, SPECIFICALLY TO ADVANCE THE AGENDA OF ACCD. THE INITIATION FEES TO BELONG TO THIS BUSINESS CLUB WERE PAID BY ACCD AS ARE THE QUARTERLY DUES. IF A BUSINESS PURPOSE IS NOT SUBSTANTIATED BY THE EMPLOYEE UPON RECEIPT OF THE INVOICE, THE EMPLOYEE WILL PAY THE PERSONAL PORTION DIRECTLY TO THE BUSINESS CLUB OR WILL SUBMIT A PERSONAL CHECK TO ACCD. ALL EXPENSES ARE REVIEWED BY THE ACCOUNTING GROUP PRIOR TO PAYMENT. ONLY THE CEO AND SELECT SENIOR LEADERSHIP ARE ELIGIBLE FOR BUSINESS MEMBERSHIPS. PART I, LINE 7 THE INCENTIVE PROGRAM IS A COMPLEMENTARY COMPONENT OF THE ORGANIZATION'S ANNUAL PERFORMANCE MANAGEMENT PROGRAM WHERE PAYOUTS ARE BASED ON THE WEIGHTED RESULTS OF THE EMPLOYEE'S ANNUAL PERFORMANCE ON THE THREE KEY PERFORMANCE ELEMENTS (10% - ORGANIZATIONAL BEHAVIORS , 20% - EMPLOYEE COMPETENCIES, AND 70% GOALS). THE NUMBERS ARE MAPPED AGAINST AN APPROVED INCENTIVE AWARD RANGE MATRIX WHICH PROVIDES PAYOUT RANGES. THE INCENTIVE PAYOUT IS THEN TAKEN TO THE INDEPENDENT PERSONNEL AND COMPENSATION COMMITTEE AND EXECUTIVE COMMITTEE FOR APPROVAL. SUBSTANTIAL CONTRIBUTOR SUBSTANTIAL CONTRIBUTOR 476534 PROVIDES HEALTH INSURANCE PRODUCTS PROVIDED TO THE CONFERENCE FOR ITS EMPLOYEES AT FAIR MARKET VALUE. 0 FORM 990, PART VI, SECTION A, LINE 1A IN ADDITION TO ITS GENERAL AUTHORITY, THE EXECUTIVE COMMITTEE SHALL HAVE THE FOLLOWING SPECIFIC RESPONSIBILITIES: (A)TO DEVELOP RECOMMENDATIONS TO THE BOARD OF DIRECTORS CONCERNING THE CORPORATION'S PRIORITIES, OBJECTIVES, POLICY POSITIONS AND BUDGET; (B)TO REVIEW AND RECOMMEND TO THE BOARD OF DIRECTORS OF THE CORPORATION AND OF ITS AFFILIATED ORGANIZATIONS FOR APPROVAL THE ANNUAL BUDGET FOR SUCH ENTITIES AND TO MONITOR THE PERFORMANCE OF SUCH ENTITIES AND THE MANAGEMENT OF THEIR RESOURCES, INCLUDING ESTABLISHING THEIR INVESTMENT POLICIES; (C)TO RECOMMEND TO THE BOARD OF DIRECTORS OF THE CORPORATION AND OF ITS AFFILIATED ORGANIZATIONS APPROPRIATE ALLOCATIONS OF CONTRIBUTIONS TO THE CORPORATION FOR THE SUPPORT OF THE THREE RIVERS: ONE FUTURE REGIONAL GROWTH INITIATIVE AND SUCH ADJUSTMENTS THERETO THROUGHOUT THE CORPORATION'S FISCAL YEAR AS THE COMMITTEE DEEMS APPROPRIATE; (D)TO RECOMMEND TO THE BOARD OF DIRECTORS OF THE CORPORATION SUCH CHANGES TO THE "STRATEGY FOR CORPORATE PLEDGES" AS IT DEEMS APPROPRIATE; (E)TO RECOMMEND A SLATE OF NOMINEES FOR ELECTION AS DIRECTORS AND OFFICERS OF THE CORPORATION AT THE ANNUAL MEETING; (F)TO RECOMMEND A SLATE OF NOMINEES FOR ELECTION AS AT-LARGE EXECUTIVE COMMITTEE MEMBERS; (G)TO NOMINATE A CANDIDATE FOR ANY VACANCY ON THE BOARD OF DIRECTORS OR IN ANY OFFICE OF THE CORPORATION FOR CONSIDERATION BY THE BOARD OF DIRECTORS; (H)TO APPOINT THE CORPORATION'S REPRESENTATIVES ON THE AUDIT & FINANCE AND PERSONNEL & COMPENSATION COMMITTEES; (I)TO APPOINT THE PRIVATE SECTOR DIRECTORS AND THE CHAIR OF THE BOARD OF DIRECTORS OF THE PRA AS PROVIDED FOR IN THE BYLAWS OF THE PRA; (J)TO APPOINT THE MANAGERIAL ENTITY DIRECTORS AND THE CHAIR OF THE PELGP AS PROVIDED FOR IN THE OPERATING AGREEMENT OF THE PELGP; (K)TO APPOINT THE CLASS B DIRECTORS AND THE CHAIR OF THE CHAMBER AS PROVIDED FOR IN THE BYLAWS OF THE CHAMBER; (L)TO SELECT AND DETERMINE THE COMPENSATION OF THE CEO; AND (M)TO EXERCISE THE RESERVED POWERS OF THE CORPORATION OVER ITS AFFILIATES THE PRA, THE PELGP AND THE CHAMBER AS PROVIDED IN THE RESPECTIVE BYLAWS AND OPERATING AGREEMENT OF THOSE ENTITIES, INCLUDING THE EXCLUSIVE AUTHORITY TO APPROVE AMENDMENTS TO SUCH BYLAWS AND APPOINT THE CEO OF EACH AFFILIATE. FORM 990, PART VI, SECTION A, LINE 2 THE CONFERENCE'S BOARD IS COMPOSED OF THE CHIEF EXECUTIVE OFFICERS OF THE REGION'S MOST SIGNIFICANT EMPLOYERS AND UNIVERSITIES DEDICATED TO IMPROVING THE ECONOMY AND QUALITY OF LIFE IN THE PITTSBURGH REGION. GIVEN THE COMPOSITION OF THE BOARD AND ITS DESIRE TO CREATE A COMPETITIVE BUSINESS CLIMATE AND MARKET THE REGION FOR INVESTMENT AND JOB CREATION, IT IS NOT UNUSUAL THAT A SIGNIFICANT NUMBER OF INDIVIDUALS SERVING AS A BOARD MEMBER ON THE CONFERENCE MAY ALSO SERVE TOGETHER ON OTHER RELATED OR UNRELATED BOARDS. THE CONFERENCE PLACES RELIANCE ON THE BOARD MEMBERS' RESPONSES TO THE ANNUAL QUESTIONNAIRE IN IDENTIFYING SUCH BUSINESS RELATIONSHIPS. BUSINESS RELATIONSHIP: MR. JAHANIAN AND MR. REIMAN BUSINESS RELATIONSHIP: MR. DONAHUE AND MR. BONNEWELL BUSINESS RELATIONSHIP: MR. WALKER, MS. HANLON, MS. FEINSTEIN, MR. BALL AND MR. MALONE BUSINESS RELATIONSHIP: MS. PASHMAN, MS. SKELLEY, MR. THOMAS BUSINESS RELATIONSHIP: MS. PASHMAN, MS. SKELLEY, MR. MALONE AND MS. CASEY BUSINESS RELATIONSHIP: MR. GALLAGHER AND MR. JAHANIAN BUSINESS RELATIONSHIP: MS. PASHMAN AND MS. HOLDER BUSINESS RELATIONSHIP: MR. MALONE AND MR. DONAHUE BUSINESS RELATIONSHIP: MS. CASEY AND MR. JAHANIAN BUSINESS RELATIONSHIP: MR. GORMLEY AND MR. JAHANIAN BUSINESS RELATIONSHIP: MR. FITZPATRICK, MR. GORMLEY, MS. HOLDER, MS. PASHMAN AND MR. VARTANIAN BUSINESS RELATIONSHIP: MR. DEMCHAK AND MR. SANTANA BUSINESS RELATIONSHIP: MR. MALONE AND MR. STRICKLAND BUSINESS RELATIONSHIP: MR. GALLAGHER, MS. HOLDER, MR. SALESKY AND MR. STRICKLAND BUSINESS RELATIONSHIP: MR. HOLMBERG AND MS. HANLON FORM 990, PART VI, SECTION B, LINE 11B APPROXIMATELY ONE WEEK PRIOR TO FILING, THE GOVERNING BODY AND THE ORGANIZATION'S MANAGEMENT TEAM IS GRANTED ACCESS TO A SECURE LINK TO THE ORGANIZATION'S FTP SITE TO VIEW THE FINAL FORM 990. DURING THIS TIME, THE ORGANIZATION'S BOARD MEMBERS CAN VOLUNTEER ANY OBSERVATIONS & COMMENTS ON THE RETURN BUT ARE NOT REQUIRED TO REVIEW OR FORMALLY APPROVE THE FORM 990 BEFORE OR AFTER IT IS FILED AS PART OF ITS BOARD ACTIVITIES. THE ORGANIZATION'S FINANCE GROUP FUNCTIONS IN TANDEM WITH THE MANAGEMENT TEAM DURING THE PREPARATION OF THE RETURN. THE AUDIT AND FINANCE COMMITTEE CHAIR AS PART OF HIS/HER RESPONSIBILITIES WILL BE GIVEN COPIES OF THE DRAFT RETURNS FOR REVIEW OR DELEGATE A MEMBER OF THE AUDIT AND FINANCE COMMITTEE TO REVIEW. THE CHIEF EXECUTIVE OFFICER WILL MEET WITH THE CFO PRIOR TO THE CFO SIGNING THE FINAL RETURN AND WILL HAVE THE OPPORTUNITY TO REVIEW AND ASK QUESTIONS AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE (O,D,KE) OF THE ORGANIZATION MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND AFFIRM THAT HE/SHE HAS READ, UNDERSTOOD AND HAS COMPLIED WITH THE POLICY. ALL RESPONSES TO THE DISCLOSURE STATEMENT ARE SUMMARIZED BY THE ACCOUNTING DEPARTMENT. THE CHIEF EXECUTIVE OFFICER OR HIS/HER DESIGNEE IS RESPONSIBLE FOR REVIEWING THE SUMMARY OF DISCLOSURE STATEMENTS SO THAT HE/SHE IS FAMILIAR WITH AND CAN REPORT POTENTIAL CONFLICTS TO THE BOARD. IN ADDITION, EACH INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST OR OTHER INTEREST (AND ALL MATERIAL FACTS REGARDING SUCH INTEREST) AT THE TIME THE BOARD IS CONSIDERING A TRANSACTION THAT MAY INVOLVE A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT. IF DETERMINED A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON WILL RECUSE HIMSELF OR HERSELF FROM VOTING. IF THE GOVERNING BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT WILL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF. IF THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE BOARD WILL DISCLOSE THE ACTIONS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 THE ALLEGHENY CONFERENCE'S PERSONNEL AND COMPENSATION COMMITTEE IS RESPONSIBLE FOR ASSURING THE EFFICIENT IMPLEMENTATION AND ADMINISTRATION OF CONSISTENT, COMPETITIVE, AND WELL-COMMUNICATED PERSONNEL AND COMPENSATION POLICIES. THE COMMITTEE IS COMPOSED OF SEVEN MEMBERS. EACH MEMBER IS REQUIRED TO BE INDEPENDENT AND FREE FROM ANY RELATIONSHIPS THAT MIGHT BE CONSIDERED A CONFLICT OF INTEREST. AMONG THE MANY RESPONSIBILITIES OF THE PERSONNEL & COMPENSATION COMMITTEE, A FEW ARE SPECIFIC TO THE PROCESS OF DETERMINING FAIR COMPENSATION PRACTICES OF THE ORGANIZATION: 1. REVIEW AND RECOMMEND TO THE CONFERENCE'S EXECUTIVE COMMITTEE ANY COMPENSATION CHANGES FOR THE CHIEF EXECUTIVE OFFICER, 2. OBTAIN APPROPRIATE ANALYSES AND STUDIES PREPARED BY EXTERNAL SOURCES TO AID IN EVALUATING COMPENSATION, INCENTIVE, AND BENEFIT-PLAN LEVELS, PRACTICES AND STRATEGIES TO ASSURE THEY ARE APPROPRIATE TO ATTRACT AND RETAIN QUALIFIED PERSONNEL. THE COMMITTEE IS EMPOWERED TO RETAIN A THIRD-PARTY CONSULTANT HAVING SPECIAL COMPETENCE AS NECESSARY TO ASSIST THE COMMITTEE IN FULFILLING ITS RESPONSIBILITIES. THE INDEPENDENT CONSULTANT IS TYPICALLY ENGAGED ON A BI-ANNUAL BASIS TO PROVIDE ASSURANCE THAT PAY PRACTICES ARE REASONABLE AND WITHIN THE RANGE OF TYPICAL MARKET PRACTICES. ASSURANCE CAN BE IN THE FORM OF INFORMATION OBTAINED FROM OTHER FORM 990 FILINGS OF SIMILAR ORGANIZATIONS, AS WELL AS DETAILED COMPENSATION STUDIES WHICH COMPARE JOB DESCRIPTIONS OF SIMILAR POSITIONS OF BOTH NONPROFIT AND FOR-PROFIT ORGANIZATIONS. COMPENSATION CHANGES ARE TAKEN TO THE CONFERENCE'S EXECUTIVE COMMITTEE AND DISCUSSION TAKES PLACE VIA AN EXECUTIVE SESSION (INCLUDING THE CEO FOR SENIOR MANAGEMENT AND EXCLUDING CEO FOR HIS/HER OWN COMPENSATION). FINAL APPROVAL IS DOCUMENTED VIA SIGNATURE OF THE ALLEGHENY CONFERENCE CHAIR AND THE PERSONNEL & COMPENSATION COMMITTEE CHAIR. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE READILY AVAILABLE TO THE PUBLIC VIA THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G HR SUPPORT: PROGRAM SERVICE EXPENSES 62,019. MANAGEMENT AND GENERAL EXPENSES 113,582. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 175,601. IR SUPPORT: PROGRAM SERVICE EXPENSES 164. MANAGEMENT AND GENERAL EXPENSES 333. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 497. PROFESSIONAL SERVICES-MARKETING & ADVERTISING: PROGRAM SERVICE EXPENSES 77,643. MANAGEMENT AND GENERAL EXPENSES 59,978. FUNDRAISING EXPENSES 4,643. TOTAL EXPENSES 142,264. PROFESSIONAL SERVICES-OTHER PROGRAM: PROGRAM SERVICE EXPENSES 960,738. MANAGEMENT AND GENERAL EXPENSES 24,563. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 985,301. FORM 990, PART XII, LINE 2C: THERE WERE NO CHANGES FROM PRIOR YEARS. SWPA NEW ECONOMY COLLABORATIVE (PREVIOUSLY PGHQ2) 11 STANWIX STREET FLOOR 17 PITTSBURGH PA 15222 872852488 PROMOTION OF THE REGION PA 500000 314952 ACCD SWPA INFRASTRUCTURE COOPERATIVE LLC 11 STANWIX STREET FLOOR 17 PITTSBURGH PA 15222 PROMOTION OF ECONOMIC DEVELOPMENT IN REGION PA 0 0 ACCD PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 231352264 RESEARCH AND ANALYSIS PA 501(C)(3) 170(B)(1) (A)(VI) ACCD 1 PITTSBURGH REGIONAL ALLIANCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 251780438 PROMOTION OF THE REGION PA 501(C)(3) 509(A)(3) - TYPE I ACCD 1 GREATER PITTSBURGH CHAMBER OF COMMERCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250399620 ADVOCACY PA 501(C)(6) N/A ACCD 1 GREATER PITTSBURGH CHAMBER OF COMMERCE POLITICAL ACTION COMM 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250399620 POLITICAL ACTION COMMITTEE PA 527 N/A GREATER PITTSBURGH C OF C 0 STRATEGIC INVESTMENT FUND INC 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 251774991 ECONOMIC INVESTMENT PA 501(C)(4) N/A ACCD 0 SWPA RESPONSIBLE GROWTH INC 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 873947053 PROMOTE REGIONAL RESPONSIBLE GROWTH PA 501(C)(4) N/A GREATER PITTSBURGH C OF C 0 STRATEGIC INVESTMENT FUND PARTNERS 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 251777423 PRIVATE SECTOR FINANCING PA N/A RELATED -1650 405793 0 0 0.00740 POWER OF 32 SITE DEVELOPMENT FUND LLC 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 465227064 PRIVATE SECTOR FINANCING PA N/A RELATED 7979 88763 0 0 0.50000 POWER OF 32 SITE DEVELOPMENT FUND LP 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 611734071 PRIVATE SECTOR FINANCING PA N/A RELATED 3353 1519828 0 0 0.03800 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 0 0 PITTSBURGH REGIONAL ALLIANCE B 2734409 CASH PENNSLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH B 1057973 CASH GREATER PITTSBURGH CHAMBER OF COMMERCE L 1166044 CASH GREATER PITTSBURGH CHAMBER OF COMMERCE N 556929 CASH PITTSBURGH REGIONAL ALLIANCE N 1426205 CASH PENNSLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH N 106151 CASH GREATER PITTSBURGH CHAMBER OF COMMERCE O 547593 CASH PITTSBURGH REGIONAL ALLIANCE O 1202335 CASH PENNSLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH O 730219 CASH PITTSBURGH REGIONAL ALLIANCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 251780438 X 0 364 364 4604415 4604779 380239 95060 0 0 0