Regional Industrial Development Corporation of SW PA
Revenue
$34.6m
year to 31 December 2024
Expenses
$20.4m
year to 31 December 2024
Total assets
$196m
$24.7m liabilities
Net assets
$171.3m
assets less liabilities
Directors and trustees
28
5.6 years on average
Staff
31
employees, year to 31 December 2024
Chair observed
≥6 yrs
Stephenson Samuel J
Left since last filing
2
7% of the board
Regional Industrial Development Corporation of SW PA's network
28 people6 organisationsi28 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (28). Violet dotted lines (18) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
28 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 22 voting members of its governing body on its latest Form 990 Part VI; we list 28 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Stephenson Samuel J Chair | Chairman/Director | 2018 | 8 yrs |
| Bell Margaret | Director | 2022 | 4 yrs |
| Blocksidge Charles T | Director Emeritus | 2018 | 8 yrs |
| Clark G Reynolds | Director Emeritus | 2018 | 8 yrs |
| Davin Dennis | Director | 2023 | 3 yrs |
| Desantis Mark | Director | 2022 | 4 yrs |
| Fitzgerald Rich | Director Ex-Officio | 2018 | 8 yrs |
| Gainey ED | Director Ex-Officio | 2022 | 4 yrs |
| Giovannitti Jennifer | Director | 2022 | 4 yrs |
| Hunt William | Director/Vice Chairman | 2018 | 8 yrs |
| Innamorato Sara | Director Ex-Officio | 2024 | 2 yrs |
| Kurtzrock Mark Jay | Director/Vice Chairman | 2018 | 8 yrs |
| Marr Michael | Director | 2022 | 4 yrs |
| McAndrew Marc | Director | 2024 | 2 yrs |
| McNulty Timothy P | Director/Vice Chairman | 2018 | 8 yrs |
| Mondi Patrick | Director | 2022 | 4 yrs |
| Noel Kelly | Director | 2024 | 2 yrs |
| O'Brien TIM | Director | 2022 | 4 yrs |
| Osche Leslie | Director | 2022 | 4 yrs |
| Pease Robert B | Director Emeritus | 2018 | 8 yrs |
| Proctor Danielle | Director | 2022 | 4 yrs |
| Roy Scott | Director | 2024 | 2 yrs |
| Russo Audrey | Director | 2018 | 8 yrs |
| Rutenbar Rob | Director | 2022 | 4 yrs |
| Sbrocco Greg | Director | 2022 | 4 yrs |
| Smith Donald F JR | President | 2018 | 8 yrs |
| Volpatti Kris | Director | 2018 | 8 yrs |
| Weniger Stacey | Director | 2023 | 3 yrs |
Officers and senior leadership
26 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Buechli John | Senior Construction Manager | since 2022 |
| Cartwright Eric | Sr. Development Advisor | 2020 |
| Cooper Jeni | Director of Community Investment | since 2023 |
| Cunningham W H 122-522 | Treasurer | 2022 |
| Dreher Adarryl | Associate VP - Finance | 2018 |
| Goldstrom Michael | Senior VP - Real Estate | since 2022 |
| Grimes Marcia L Esquire | Assistant Secretary | 2018 |
| Heinricher Michael | Director, Asset Management | since 2019 |
| Hobbes Jason W | Corporate secretary | since 2019 |
| Joyce Dennis M | Chief Operating Officer | since 2018 |
| Joyce Dennis M RET 62022 | Chief Operating Officer | 2022 |
| Kirk William C JR | VP - Real Estate Operations | 2018 |
| Kirk William C JR 1119 - | 3/31/19) VP - Real Estate Operations | 2019 |
| Kurta Marian D | Treasurer | since 2023 |
| Kurta Marian D 522-1222 | Treasurer | 2022 |
| Levy Larry | Project Manager | 2019 |
| Levy Lawrence | Development Project MGR. | 2018 |
| Miller Keith | Director of Site Development | since 2022 |
| Pinelli Christopher | Property Mgmt. Director | since 2018 |
| Poremski Colleen B | Corporate secretary | since 2018 |
| Poremski Colleen B 122-322 | Asst. Corporate Secretary | 2022 |
| Saul W Michael | Treasurer | since 2018 |
| Strunk Philip R | Director, Engineering Svcs | since 2019 |
| Switala Joseph J JR | VP of Construction | since 2019 |
| Vicario Mary JO | Senior Property Manager | 2022 |
| White Timothy F | Senior VP - Development | since 2018 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Smith Donald F Jr | President | 35 | $645k | $68k | |
| White Timothy F | Senior VP - Development | 35 | $403k | $50k | |
| Goldstrom Michael | Senior VP - Real Estate | 35 | $332k | $50k | |
| Hobbes Jason W | Corporate Secretary | 35 | $231k | $41k | |
| Pinelli Christopher | Director, Property Mgmt | 35 | $186k | $22k | |
| Cooper Jeni | Director of Community Inve | 35 | $172k | $32k | |
| Heinricher Michael | Director, Asset Management | 35 | $172k | $31k | |
| Miller Keith | Director of Site Developme | 35 | $158k | $31k | |
| Buechli John | Senior Construction Manage | 35 | $152k | $36k | |
| Kurta Marian D | Treasurer | 35 | $138k | $35k | |
| Blocksidge Charles T | Director Emeritus | 1 | $0 | ||
| Desantis Mark | Director | 0.5 | $0 | ||
| Fitzgerald Rich | Director Ex-Officio | 0.5 | $0 | ||
| Hunt William | Director/Vice Chairman | 1 | $0 | ||
| Kurtzrock Mark Jay | Director/Vice Chairman | 1.5 | $0 | ||
| McNulty Timothy P | Director/Vice Chairman | 0.5 | $0 | ||
| Marr Michael | Director | 0.5 | $0 | ||
| Mondi Patrick | Director | 0.5 | $0 | ||
| Rutenbar Rob | Director | 0.5 | $0 | ||
| Pease Robert B | Director Emeritus | 0.5 | $0 | ||
| Russo Audrey | Director | 0.5 | $0 | ||
| Stephenson Samuel J | Chairman/Director | 1 | $0 | ||
| Volpatti Kris | Director | 0.5 | $0 | ||
| Giovannitti Jennifer | Director | 0.5 | $0 | ||
| O'brien Tim | Director | 0.5 | $0 | ||
| Osche Leslie | Director | 0.5 | $0 | ||
| Bell Margaret | Director | 0.5 | $0 | ||
| Gainey Ed | Director Ex-Officio | 0.5 | $0 | ||
| Proctor Danielle | Director | 0.5 | $0 | ||
| Sbrocco Greg | Director | 0.5 | $0 | ||
| Clark G Reynolds | Director Emeritus | 0.5 | $0 | ||
| Davin Dennis | Director | 0.5 | $0 | ||
| Weniger Stacey | Director | 0.5 | $0 | ||
| Innamorato Sara | Director Ex-Officio | 0.5 | $0 | ||
| McAndrew Marc | Director | 0.5 | $0 | ||
| Noel Kelly | Director | 0.5 | $0 | ||
| Roy Scott | Director | 0.5 | $0 |
About
- Legal name
- Regional Industrial Development Corporation of Sw Pa
- EIN
- 251033264
- Address
- 267 Kappa Dr, Pittsburgh, PA, 15238-2817
- State
- Pennsylvania
- Mission
- Ridc was incorporated in 1955 to promote the economic and general welfare of the ten counties in southwestern pennsylvania. Through public, private, and institutional partnerships, ridc develops real estate to ensure the region can capture emerging and existing growth opportunities. (as filed on the Form 990)
- IRS classification
- 501(c)06 (tax-exempt under section 501(c)(3) where shown)
- Size band
- 9 (IRS master file code)
- Formed
- 1955
- Principal officer
- Marian D Kurta (as named on the Form 990)
- IRS ruling date
- 1 July 1962
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
Most connected
Related organisations (Schedule R)
RelatedECONOMIC DEVELOPMENT OF SW PARidc of Southwestern Pennsylvania Growth FundRelatedECONOMIC DEVELOPMENT OF SW PAThe Ridc Regional Growth FundRelatedECONOMIC DEVELOPMENT OF SW PARegional Economic Development Corporation of Sw PaRelatedECONOMIC DEVELOPMENT OF SW PARidc LTC 48
Longest observed on the filings
≥8years on the filingsStephenson Samuel J
≥8years on the filingsBlocksidge Charles T
≥8years on the filingsClark G Reynolds
≥8years on the filingsFitzgerald Rich
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $196m
- Total liabilities
- $24.7m
- Net assets or fund balances
- $171.3m
- Contributions and grants received
- $3.8m
- Program service revenue
- $19.4m
- Employees
- 31
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $34.6m | $20.4m | $14.1m |
As filed on the IRS Form 990. US dollars.