2022-11-14T15:35:38-06:00 2021-12-31 251467156 SISTERSON & CO LLP 310 GRANT STREET SUITE 2100 PITTSBURGH PA 15219 990 2021-01-01 352617410 RIDC MILL 19B RIDC 4123156440 611 WILLIAM PENN PLACE 600 PITTSBURGH PA 15219 MARIAN D KURTA TREASURER 4123156440 2022-11-14 1 MARIAN KURTA 999009999 MICHAEL M COMSTOCK CPA P00474378 4122812025 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MARIAN D KURTA 611 WILLIAM PENN PLACE 600 PITTSBURGH PA 15219 3119994 0 X WWW.RIDC.ORG X 2018 PA RIDC MILL 19B SHALL BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AND AT ALL TIMES, EXCLUSIVELY, FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSYLVANIA BY REVIVING PROPERTY, LESSENING NEIGHBORHOOD TENSIONS, LESSENING BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION BY DEVELOPING AN INDUSTRIAL DEVELOPMENT PROJECT AT A LOCATION WITHIN THE CITY OF PITTSBURGH, PENNSYLVANIA. 5 4 0 0 0 0 2461871 0 0 2796702 978758 273652 0 49640 3440629 3119994 0 0 0 0 0 0 0 0 0 1443803 1946423 1443803 1946423 1996826 1173571 21348622 20889491 20894315 19261613 454307 1627878 X RIDC MILL 19B SHALL BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AT ALL TIMES, EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSYLVANIA BY REVIVING PROPERTY LESSENING NEIGHBORHOOD TENSIONS, LESSENING BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION BY DEVELOPING AN INDUSTRIAL DEVELOPMENT PROJECT AT A LOCATION WITHIN THE CITY OF PITTSBURGH, PENNSYLVANIA. 0 0 1946423 2846342 RIDC MILL 19B A NON-PROFIT CORPORATION, WAS INCORPORATED IN 2018 TO SERVE AS A QUALIFIED LOW INCOME COMMUNITY BUSINESS("QALICB") ENTITY THAT OWNS AND OPERATES THE MILL 19B BUILDING IN THE HAZELWOOD NEIGHBORHOOD OF PITTSBURGH, PENNSYLVANIA. 1946423 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X MARIAN D KURTA TREASURER 4123156440 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 SMITH DONALD F JR PRESIDENT 1.00 45.00 X X 0 546155 36482 CLARK G REYNOLDS CHAIRMAN/DIRECTOR 0.50 3.50 X X 0 0 0 BUSS SARA DAVIS ESQUIRE DIRECTOR/VICE CHAIRMAN 0.50 3.50 X X 0 0 0 SMITH MATT DIRECTOR 0.50 0.50 X 0 0 0 ROBINSON F BROOKS JR DIRECTOR 0.50 1.00 X 0 0 0 JOYCE DENNIS M CHIEF OPERATING OFFICER 0.50 44.50 X 0 300994 44754 POREMSKI COLLEEN B ASST. CORPORATE SECRETARY 1.00 45.00 X 0 96199 28383 SAUL W MICHAEL 0121-0321 TREASURER 1.00 45.00 X 0 130775 17298 WHITE TIMOTHY F SENIOR VP - DEVELOPMENT 1.00 45.00 X 0 315912 45340 HOBBES JASON W CORPORATE SECRETARY 1.00 45.00 X 0 196437 35896 GOLDSTROM MICHAEL SENIOR VP - REAL ESTATE 1.00 44.50 X 0 149107 26355 CUNNINGHAM W H 0621-1221 TREASURER 1.00 45.00 X 0 107647 20912 PINELLI CHRISTOPHER DIRECTOR, PROPERTY MGMT 1.00 44.50 X 0 172051 19965 STRUNK PHILIP R 0121-1021 DIRECTOR, ENGINEERING SVCS 1.00 44.50 X 0 122428 27138 HEINRICHER MICHAEL DIRECTOR, ASSET MANAGEMENT 1.00 45.00 X 0 136324 31995 CARTWRIGHT ERIC SR. DEVELOPMENT ADVISOR 0.50 44.00 X 0 121200 0 BUECHLI JOHN CONSTRUCTION MANAGER 1.00 45.00 X 0 125090 31296 0 2520319 365814 0 0 1 0 RYCON CONSTRUCTION INC 2501 SMALLMAN STREET SUITE 100 PITTSBURGH PA 15222 CONSTRUCTION CONTRACTORS 212181 JENDOCO CONSTRUCTION CORP 2000 LINCOLN ROAD PITTSBURGH PA 15232 CONSTRUCTION CONTRACTORS 206578 2 RENTAL INCOME 531120 2796702 2796702 2796702 273652 273652 OTHER REVENUE 531390 49640 49640 49640 3119994 2846342 0 273652 49437 49437 150 150 4215 4215 19869 19869 11532 11532 450 450 19 19 463643 463643 835659 835659 15869 15869 UTILITIES 266213 266213 IMPAIRMENT 135176 135176 MAINTENANCE 132872 132872 TAXES 11319 11319 1946423 1946423 0 0 198824 310410 422060 368238 25000 25000 694290 918010 3778 5220 20426895 1259167 20003387 19167728 1283 94885 21348622 20889491 2058848 428158 560652 291665 18274815 18541790 20894315 19261613 X 454307 1627878 454307 1627878 21348622 20889491 1173571 0 X 0 1 X 1 0 X X 1 REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION 251033264 10 1 1946423 0 1 1946423 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B RIDC MILL 19B WAS ABLE TO DETERMINE THAT THE SUPPORTED ORGANIZATION SATISFIED THE PUBLIC SUPPORT TEST UNDER 509(A)(2) BY OBTAINING A COPY OF THE COMPUTATION OF PUBLIC SUPPORT CALCULATION (SCHEDULE A) THAT INDICATED THAT THE TOTAL PUBLIC SUPPORT PERCENTAGE FOR 2021 WAS 41.03% AND INVESTMENT INCOME PERCENTAGE FOR 2021 WAS 9.26%. PART IV, SECTION A, LINE 3C STRATEGIC PLANNING IS REVIEWED BY THE RIDC EXECUTIVE COMMITTEE PRIOR TO SUBMITTING PROPOSED PROJECTS TO THE RIDC BOARD OF DIRECTORS TO ENSURE THAT ALL PROJECTS ARE WITHIN THE SCOPE OF THE ORGANIZATION'S MISSION AND FALL UNDER IRC SECTION 170(C)(2)(B). 1100339 1100339 14628512 554461 14074051 4698044 704706 3993338 19167728 X PART X, LINE 2: AS OF DECEMBER 31, 2021 AND 2020 THE CORPORATION IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS. THE CORPORATION'S TAX RETURN FOR THE YEARS 2018 AND BEYOND REMAINS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. X 1 1 X X X X 1 0 0 0 0 0 0 0 0 SMITH DONALD F JR PRESIDENT 0 438500 0 106200 0 1455 0 20300 0 16182 0 582637 0 0 WHITE TIMOTHY F SENIOR VP - DEVELOPMENT 0 258257 0 56200 0 1455 0 18186 0 27154 0 361252 0 0 JOYCE DENNIS M CHIEF OPERATING OFFICER 0 298999 0 1200 0 795 0 20300 0 24454 0 345748 0 0 HOBBES JASON W CORPORATE SECRETARY 0 180237 0 16200 0 0 0 12690 0 23206 0 232333 0 0 PINELLI CHRISTOPHER DIRECTOR, PROPERTY MGMT 0 160170 0 11200 0 681 0 11273 0 8692 0 192016 0 0 GOLDSTROM MICHAEL SENIOR VP - REAL ESTATE 0 149107 0 0 0 0 0 10612 0 15743 0 175462 0 0 HEINRICHER MICHAEL DIRECTOR, ASSET MANAGEMENT 0 124528 0 11200 0 596 0 8965 0 23030 0 168319 0 0 BUECHLI JOHN CONSTRUCTION MANAGER 0 118385 0 6200 0 505 0 8360 0 22936 0 156386 0 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ANNUAL FORM 990 IS PREPARED BY ITS OUTSIDE INDEPENDENT ACCOUNTING FIRM. THE BOARD OF DIRECTORS REVIEWS THE 990. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST DISCLOSURE FORMS ARE DISTRIBUTED TO THE MEMBERS OF THE BOARD OF DIRECTORS AND ALL EMPLOYEES EACH YEAR. THE CONFLICT OF INTEREST FORMS ARE THEN RETURNED TO THE SECRETARY OF THE CORPORATION. ALL CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE RIDC AUDIT COMMITTEE, AS WELL AS THE RIDC EXECUTIVE COMMITTEE OF THE RIDC BOARD. THE RIDC PRESIDENT AND RIDC BOARD CHAIR ARE INVOLVED IN THE PROCESS, INCLUDING REVIEW OF FORM CONTENTS AND IDENTIFYING ANY INDIVIDUAL AREAS OF CONCERN. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO DIRECT EMPLOYEES AND THEREFORE NO COMPENSATION ANALYSIS IS APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. RIDC LTC 48 LEVERAGED LENDER LLC 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 812003435 RE DEVELOPMENT PA 0 0 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND RIDC MILL 19A LEVERAGED LENDER LLC 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 320544577 RE DEVELOPMENT PA 0 0 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND RIDC MILL 19B LEVERAGE LENDER LLC 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 364914529 RE DEVELOPMENT PA 0 0 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND FILM FURNACE LLC 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 842113529 ECONOMIC DEV OF SWPA PA 0 0 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND 80-82 44TH ST LLC 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 843046991 RE DEVELOPMENT PA 0 0 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PA 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 251033264 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(6) N/A N/A 0 THE RIDC REGIONAL GROWTH FUND 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 251495484 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(3) 12(A) N/A 0 RIDC FUND FOR ECONOMIC GROWTH 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 251636676 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(3) 12(A) N/A 0 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 251603768 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(3) 12(A) N/A 0 INDUSTRIAL CENTER OF MCKEESPORT ASSOCIATION 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 461685366 PROPERTY MANAGEMENT PA 501(C)(4) N/A N/A 0 RIDC LTC 48 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 811907116 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(3) 12(A) N/A 0 RIDC MILL 19A 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 822985893 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(3) 12(A) N/A 0 RIDC MILL 19C 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 871417180 ECONOMIC DEVELOPMENT OF SW PA PA 501(C)(3) 12(A) N/A 0 INNOVATION RIDGE PARTNERS LP 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 251833057 RE DEVELOPMENT PA RIDC OF SWPA RELATED 0 0 CW DEVELOPMENT LP ONE BIGELOW SQUARE SUITE 630 PITTSBURGH PA 15219 364734310 RE DEVELOPMENT PA COMMONS AT THORN HILL GP LLC RELATED 0 0 THORNHILL PARTNERS LP ONE BIGELOW SQUARE SUITE 630 PITTSBURGH PA 15219 822955090 RE DEVELOPMENT PA ELMHURST TH GP LLC RELATED 0 0 INNOVATION RIDGE DEVELOPMENT CORPORATION 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 273458190 RE DEVELOPMENT PA RIDC OF SWPA C 0 RIDC REAL ESTATE INVESTMENT COMPANY 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 273652717 RE DEVELOPMENT PA RIDC OF SWPA C 0 INNOVATION RIDGE COMMERCIAL PROPERTY OWNERS ASSOCIATION 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 203871581 PROPERTY MANAGEMENT PA RIDC OF SWPA C 0 RIDC MILL 19 CONDOMINIUM ASSOCIATION 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 352610106 PROPERTY MANAGEMENT PA RIDC OF SWPA GF C 183496 203613 0.28880 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 RIDC OF SW PA GROWTH FUND 25-1603768 (LOAN BALANCES) E 389527 ACTUAL COST INCURRED RIDC OF SW PA GROWTH FUND 25-1603768 (PRINCIPAL DECREASE) E -1282347 ACTUAL COST INCURRED