STRATEGY STUDIO / PUBLIC DATA EXPLORER

RIDC MILL 19B: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
RIDC MILL 19B (EIN 35-2617410)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-08
IRS object ID
202123129349303072
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-08T13:23:07-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN251467156PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SISTERSON & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1310 GRANT STREET SUITE 2100AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN352617410EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RIDC MILL 19BBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRIDCBusinessNameControlTxt
Phone4123156441PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1611 WILLIAM PENN PLACE NO 600AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonW H CUNNINGHAMPersonNm
Person TitleTREASURERPersonTitleTxt
Phone4123156441PhoneNum
Signature2021-10-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstWPersonFirstNm
Person LastCUNNINGHAMPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL M COMSTOCK CPAPreparerPersonNm
PTINP00474378PTIN
Phone4122812025PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerW H CUNNINGHAMPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1611 WILLIAM PENN PLACE NO 600AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,440,629GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RIDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2018FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionRIDC 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.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,538,129PYContributionsGrantsAmt
CY Contributions Grants$2,461,871CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,866PYInvestmentIncomeAmt
CY Investment Income$978,758CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,539,995PYTotalRevenueAmt
CY Total Revenue$3,440,629CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,498,734PYOtherExpensesAmt
CY Other Expenses$1,443,803CYOtherExpensesAmt
PY Total Expenses$3,498,734PYTotalExpensesAmt
CY Total Expenses$1,443,803CYTotalExpensesAmt
PY Revenues Less Expenses-$958,739PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,996,826CYRevenuesLessExpensesAmt
Total Assets BOY$21,334,827TotalAssetsBOYAmt
Total Assets EOY$21,348,622TotalAssetsEOYAmt
Total Liabilities BOY$22,877,346TotalLiabilitiesBOYAmt
Total Liabilities EOY$20,894,315TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$1,542,519NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$454,307NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionRIDC 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,443,803ExpenseAmt
DescRIDC 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.Desc
Total Program Service Expenses$1,443,803TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1W H CUNNINGHAM TREASURERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4123156441PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1611 WILLIAM PENN PLACE SUITE 600AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
SMITH DONALD F JR
PRESIDENT1.0045.00Yes (X)Yes (X)$0$520,871$45,966
CLARK G REYNOLDS
CHAIRMAN/DIRECTOR0.503.50Yes (X)Yes (X)$0$0$0
BUSS SARA DAVIS ESQUIRE
DIRECTOR/VICE CHAIRMAN0.503.50Yes (X)Yes (X)$0$0$0
DUDUKOVICH TAMARA
DIRECTOR0.500.50Yes (X)$0$0$0
ROBINSON F BROOKS JR
DIRECTOR0.501.00Yes (X)$0$0$0
JOYCE DENNIS M
CHIEF OPERATING OFFICER0.5044.50Yes (X)$0$300,434$44,370
POREMSKI COLLEEN B
ASST. CORPORATE SECRETARY1.0045.00Yes (X)$0$93,584$26,051
SAUL W MICHAEL
TREASURER1.0045.00Yes (X)$0$124,911$29,231
WHITE TIMOTHY F
SENIOR VP - DEVELOPMENT1.0045.00Yes (X)$0$273,562$41,753
HOBBES JASON W
CORPORATE SECRETARY1.0045.00Yes (X)$0$192,197$34,046
PINELLI CHRISTOPHER
DIRECTOR, PROPERTY MGMT1.0044.50$0$167,290$20,086Yes (X)
SWITALA JOSEPH J JR
VP OF CONSTRUCTION1.0044.50$0$194,879$17,779Yes (X)
STRUNK PHILIP R
DIRECTOR, ENGINEERING SVCS1.0044.50$0$149,202$31,554Yes (X)
HEINRICHER MICHAEL
DIRECTOR, ASSET MANAGEMENT1.0045.00$0$141,901$30,907Yes (X)
CARTWRIGHT ERIC
SR. DEVELOPMENT ADVISOR0.5044.00$0$150,000$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,308,831TotReportableCompRltdOrgAmt
Total Other Compensation$321,743TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
RYCON CONSTRUCTION INC
2501 SMALLMAN STREET SUITE 100PITTSBURGHPA15222CONSTRUCTION CONTRACTORS$7,518,114
JENDOCO CONSTRUCTION CORP
2000 LINCOLN ROADPITTSBURGHPA15232CONSTRUCTION CONTRACTORS$4,401,485
CORPORATE ADVISORS PITTSBURGH LLC DBA F
347 NORTHGATE DRIVEWARRENDALEPA15086ADVISORY SERVICE$476,522
MEYER SCHERER DBA MSR DESIGN
510 MARQUETTE AVE SUITE 200MINNEAPOLISMN55402ARCHITECTS$251,098
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Government Grants$2,461,871GovernmentGrantsAmt
Total Contributions$2,461,871TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$978,758TotalRevenueColumnAmt
Exclusion$978,758ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,440,629TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$978,758ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$15,573TotalAmt
Program Services$15,573ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$4,390TotalAmt
Program Services$4,390ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$41,516TotalAmt
Program Services$41,516ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$2,011TotalAmt
Program Services$2,011ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$45TotalAmt
Program Services$45ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$441,521TotalAmt
Program Services$441,521ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$423,508TotalAmt
Program Services$423,508ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,412TotalAmt
Program Services$10,412ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
IMPAIRMENT$273,599$273,599
UTILITIES$175,998$175,998
MAINTENANCE$51,389$51,389
TAXES$3,841$3,841

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,443,803TotalAmt
Program Services$1,443,803ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,124,474BOYAmt
EOY$198,824EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$580,929BOYAmt
EOY$422,060EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,000,000BOYAmt
EOY$25,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$694,290EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,500BOYAmt
EOY$3,778EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$20,426,895LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$423,508LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$20,003,387EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$15,627,924BOYAmt
EOY$1,283EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$21,334,827BOYAmt
EOY$21,348,622EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$11,526,633BOYAmt
EOY$2,058,848EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$253,519BOYAmt
EOY$560,652EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$11,097,194BOYAmt
EOY$18,274,815EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$22,877,346BOYAmt
EOY$20,894,315EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$1,542,519BOYAmt
EOY$454,307EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$1,542,519BOYAmt
EOY$454,307EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$21,334,827BOYAmt
EOY$21,348,622EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,996,826ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1REGIONAL INDUSTRIAL DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN251033264EIN
Organization Type10OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$1,443,803SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$1,443,803SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C456Yes (1)SupportedOrgSectionC456Ind
Supported Org QualifiedYes (1)SupportedOrgQualifiedInd
Suprt Exclusively Sec170c2 BYes (1)SuprtExclusivelySec170c2BInd
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION A, LINE 3BRIDC 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 2020 WAS 40.35% AND INVESTMENT INCOME PERCENTAGE FOR 2020 WAS 9.30%.
PART IV, SECTION A, LINE 3CSTRATEGIC 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).

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,100,339OtherCostOrOtherBasisAmt
Book Value$1,100,339BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$14,628,512OtherCostOrOtherBasisAmt
Depreciation$188,606DepreciationAmt
Book Value$14,439,906BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,698,044OtherCostOrOtherBasisAmt
Depreciation$234,902DepreciationAmt
Book Value$4,463,142BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$20,003,387TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationAS OF DECEMBER 31, 2020 AND 2019 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
SMITH DONALD F JR
PRESIDENT$0$419,028$0$100,000$0$1,843$0$29,200$0$16,766$0$566,837$0$0
JOYCE DENNIS M
CHIEF OPERATING OFFICER$0$299,129$0$0$0$1,305$0$21,000$0$23,370$0$344,804$0$0
WHITE TIMOTHY F
SENIOR VP - DEVELOPMENT$0$231,719$0$40,000$0$1,843$0$16,349$0$25,404$0$315,315$0$0
HOBBES JASON W
CORPORATE SECRETARY$0$171,092$0$21,000$0$105$0$12,040$0$22,006$0$226,243$0$0
SWITALA JOSEPH J JR
VP OF CONSTRUCTION$0$185,961$0$8,000$0$918$0$9,016$0$8,763$0$212,658$0$0
PINELLI CHRISTOPHER
DIRECTOR, PROPERTY MGMT$0$155,180$0$11,000$0$1,110$0$10,894$0$9,192$0$187,376$0$0
STRUNK PHILIP R
DIRECTOR, ENGINEERING SVCS$0$137,192$0$11,000$0$1,010$0$9,807$0$21,747$0$180,756$0$0
HEINRICHER MICHAEL
DIRECTOR, ASSET MANAGEMENT$0$134,942$0$6,000$0$959$0$9,280$0$21,627$0$172,808$0$0
SAUL W MICHAEL
TREASURER$0$108,092$0$16,000$0$819$0$7,735$0$21,496$0$154,142$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BNO COMMITTEES ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE 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 12CCONFLICT 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 15THE ORGANIZATION HAS NO DIRECT EMPLOYEES AND THEREFORE NO COMPENSATION ANALYSIS IS APPLICABLE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
RIDC LTC 48 LEVERAGED LENDER LLC
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219812003435RE DEVELOPMENTPA$0$0RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND
RIDC MILL 19A LEVERAGED LENDER LLC
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219320544577RE DEVELOPMENTPA$0$0RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND
RIDC MILL 19B LEVERAGE LENDER LLC
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219364914529RE DEVELOPMENTPA$0$0RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND
FILM FURNACE LLC
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219842113529ECONOMIC DEV OF SWPAPA$0$0RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND
80-82 44TH ST LLC
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219843046991RE DEVELOPMENTPA$0$0RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PA
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219251033264ECONOMIC DEVELOPMENT OF SW PAPA501(C)(6)N/AN/A0
THE RIDC REGIONAL GROWTH FUND
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219251495484ECONOMIC DEVELOPMENT OF SW PAPA501(C)(3)12(A)N/A0
RIDC FUND FOR ECONOMIC GROWTH
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219251636676ECONOMIC DEVELOPMENT OF SW PAPA501(C)(3)12(A)N/A0
RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219251603768ECONOMIC DEVELOPMENT OF SW PAPA501(C)(3)12(A)N/A0
INDUSTRIAL CENTER OF MCKEESPORT ASSOCIATION
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219461685366PROPERTY MANAGEMENTPA501(C)(4)N/AN/A0
RIDC LTC 48
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219811907116ECONOMIC DEVELOPMENT OF SW PAPA501(C)(3)12(A)N/A0
RIDC MILL 19A
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219822985893ECONOMIC DEVELOPMENT OF SW PAPA501(C)(3)12(A)N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
INNOVATION RIDGE PARTNERS LP
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219251833057RE DEVELOPMENTPARIDC OF SWPARELATED00
CW DEVELOPMENT LP
ONE BIGELOW SQUARE SUITE 630PITTSBURGHPA15219364734310RE DEVELOPMENTPACOMMONS AT THORN HILL GP LLCRELATED00
THORNHILL PARTNERS LP
ONE BIGELOW SQUARE SUITE 630PITTSBURGHPA15219822955090RE DEVELOPMENTPAELMHURST TH GP LLCRELATED00

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPct
INNOVATION RIDGE DEVELOPMENT CORPORATION
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219273458190RE DEVELOPMENTPARIDC OF SWPAC0
RIDC REAL ESTATE INVESTMENT COMPANY
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219273652717RE DEVELOPMENTPARIDC OF SWPAC0
INNOVATION RIDGE COMMERCIAL PROPERTY OWNERS ASSOCIATION
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219203871581PROPERTY MANAGEMENTPARIDC OF SWPAC0
RIDC MILL 19 CONDOMINIUM ASSOCIATION
611 WILLIAM PENN PLACE SUITE 600PITTSBURGHPA15219352610106PROPERTY MANAGEMENTPARIDC OF SWPA GFC0$34,241$55,5830.28880
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
RIDC OF SW PA GROWTH FUND 25-1603768 (LOAN BALANCES)
E$1,671,874ACTUAL COST INCURRED
RIDC OF SW PA GROWTH FUND 25-1603768 (PRINCIPAL DECREASE)
E-$6,496,993ACTUAL COST INCURRED