Ridc LTC 48
Donations deductibleRevenue
$2.6m
year to 31 December 2024
Expenses
$2.5m
year to 31 December 2024
Total assets
$16.3m
$13.7m liabilities
Net assets
$2.6m
assets less liabilities
Directors and trustees
9
4.0 years on average
Staff
0
employees, year to 31 December 2024
Chair observed
≥2 yrs
Stephenson Samuel J
Left since last filing
0
no seats appear to have opened
Ridc LTC 48's network
9 people6 organisationsi9 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). 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
9 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 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Stephenson Samuel J Chair | Chairman/Director | 2022 | 4 yrs |
| Giovannitti Jennifer | Director | 2024 | 2 yrs |
| Hunt William | Director/Vice Chairman | 2022 | 4 yrs |
| Kurtzrock Mark Jay | Director | 2024 | 2 yrs |
| McNulty Timothy | Director/Vice Chairman | 2024 | 2 yrs |
| Mondi Patrick | Director | 2024 | 2 yrs |
| Robinson F Brooks JR | Director | 2019 | 7 yrs |
| Russo Audrey | Director | 2024 | 2 yrs |
| Smith Donald F JR | President | 2019 | 7 yrs |
Under 5 years5 to 6 years6 years or more
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 | 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 | Director, Property Mgmt | 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 | 0.5 | $0 | $645k | $68k |
| Robinson F Brooks Jr | Director | 0.5 | $0 | ||
| McNulty Timothy | Director/Vice Chairman | 0.5 | $0 | ||
| Stephenson Samuel J | Chairman/Director | 0.5 | $0 | ||
| Hunt William | Director/Vice Chairman | 0.5 | $0 | ||
| Giovannitti Jennifer | Director | 0.5 | $0 | ||
| Kurtzrock Mark Jay | Director | 0.5 | $0 | ||
| Mondi Patrick | Director | 0.5 | $0 | ||
| Russo Audrey | Director | 0.5 | $0 | ||
| White Timothy F | Senior VP - Development | 0.5 | $0 | $403k | $50k |
| Hobbes Jason W | Corporate Secretary | 0.5 | $0 | $231k | $41k |
| Goldstrom Michael | Senior VP - Real Estate | 0.5 | $0 | $332k | $50k |
| Kurta Marian D | Treasurer | 0.5 | $0 | $138k | $35k |
| Pinelli Christopher | Director, Property Mgmt | 0.5 | $0 | $186k | $22k |
| Heinricher Michael | Director, Asset Management | 0.5 | $0 | $172k | $31k |
| Buechli John | Construction Manager | 0.5 | $0 | $152k | $36k |
| Miller Keith | Director of Site Developme | 0.5 | $0 | $158k | $31k |
| Cooper Jeni | Director of Community Inve | 0.5 | $0 | $172k | $32k |
About
- Legal name
- Ridc LTC 48
- EIN
- 811907116
- Address
- 267 Kappa Dr, Pittsburgh, PA, 15238-2817
- State
- Pennsylvania
- Mission
- Ridc ltc 48 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 the burdens of government and combating community deterioration by developing... (as filed on the Form 990)
- Activity (NTEE)
- S31 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 8 (IRS master file code)
- Formed
- 2016
- Principal officer
- Marian D Kurta (as named on the Form 990)
- IRS ruling date
- 1 December 2018
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- SO (contributions deductible)
Most connected
Related organisations (Schedule R)
RelatedECONOMIC DEVELOPMENT OF SW PARegional Industrial Development Corp of Southwestern PaRelatedECONOMIC DEVELOPMENT OF SW PAThe Ridc Regional Growth FundRelatedECONOMIC DEVELOPMENT OF SW PARegional Economic Development Corporation of Sw PaRelatedECONOMIC DEVELOPMENT OF SW PARidc of Southwestern Pennsylvania Growth Fund
Longest observed on the filings
≥7years on the filingsRobinson F Brooks JR
≥7years on the filingsSmith Donald F JR
≥4years on the filingsStephenson Samuel J
≥4years on the filingsHunt William
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
- $16.3m
- Total liabilities
- $13.7m
- Net assets or fund balances
- $2.6m
- Contributions and grants received
- $0
- Program service revenue
- $2.2m
- Employees
- 0
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 | $2.6m | $2.5m | $66k |
As filed on the IRS Form 990. US dollars.
State registration
1 entityiBusiness-entity registers published by US states. These records are matched to this organisation by name and state, not by EIN, and are labelled as likely matches. Street addresses are not shown.Ridc Ltc 48 likely matchiMatched by exact name and state (and ZIP where shown). State registers do not publish EINs, so this is not a confirmed match. Source: Pennsylvania Department of State, business entities (data.pa.gov xvd7-5r2c). Licence: public domain. Data last fetched 18 October 2026.
- State
- Pennsylvania
- Entity type
- Domestic Nonprofit Corporation
- Status
- Active
- Formed
- 1 March 2016
- Registered agent
- Not stated
Officers (6)
- Donald F. Smith, Jr. President
- Donald F. Smith, Jr. Governor
- Jason W Hobbes Secretary
- Marian Kurta Treasurer
- Michael Goldstrom Vice President
- Timothy White Vice President
City and state of officers are not held in this extract.