2020-11-16T14:20:27-06:00 2019-12-31 251467156 SISTERSON & CO LLP 310 GRANT STREET SUITE 2100 PITTSBURGH PA 15219 990 2019-01-01 352617410 RIDC MILL 19B RIDC 4123156441 611 WILLIAM PENN PLACE NO 600 PITTSBURGH PA 15219 W MICHAEL SAUL TREASURER 4123156441 2020-11-16 1 MICHAEL M COMSTOCK CPA P00474378 4122812025 209.166.188.2 2020-11-16 15:17:20 ES P B48FDD03C00F401DDAF902CB246D780BF21C2DC1 000D542BD14D1EDDCF6B18B27E077661AD3BB49C 2019 2021-01-29 14:40:06Z W MICHAEL SAUL 611 WILLIAM PENN PLACE NO 600 PITTSBURGH PA 15219 2539995 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 0 2538129 0 0 0 1866 0 0 0 2539995 0 0 0 0 0 0 0 0 0 1671412 3498734 1671412 3498734 -1671412 -958739 5629488 21334827 7313607 22877346 -1684119 -1542519 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 3498734 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. 3498734 1 1 0 0 0 0 0 0 0 0 0 0 0 1 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 8 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 W MICHAEL SAUL TREASURER 4123156441 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 SMITH DONALD F JR PRESIDENT 1.00 45.00 X X 0 510860 35064 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 DUDUKOVICH TAMARA DIRECTOR 0.50 0.50 X 0 0 0 RUPPERSBERGER DAVID DIRECTOR 0.50 0.50 X 0 0 0 JOYCE DENNIS M CHIEF OPERATING OFFICER 0.50 44.50 X 0 301680 43893 KIRK WILLIAM C JR 1119 - 3/31/19) VP - REAL ESTATE OPERATIONS 0.50 44.00 X 0 183933 9072 POREMSKI COLLEEN B ASST. CORPORATE SECRETARY 1.00 45.00 X 0 92455 24547 SAUL W MICHAEL TREASURER 1.00 45.00 X 0 121267 29813 WHITE TIMOTHY F SENIOR VP - DEVELOPMENT 1.00 45.00 X 0 250876 36915 HOBBES JASON W CORPORATE SECRETARY 1.00 45.00 X 0 166880 33949 PINELLI CHRISTOPHER DIRECTOR, PROPERTY MGMT 1.00 44.50 X 0 147147 20680 SWITALA JOSEPH J JR VP OF CONSTRUCTION 1.00 44.50 X 0 154414 20709 STRUNK PHILIP R DIRECTOR, ENGINEERING SVCS 1.00 44.50 X 0 140280 31776 HEINRICHER MICHAEL DIRECTOR, ASSET MANAGEMENT 1.00 45.00 X 0 103502 24232 0 2173294 310650 0 0 1 0 JENDOCO CONSTRUCTION CORP 2000 LINCOLN ROAD PITTSBURGH PA 15232 CONSTRUCTION CONTRACTORS 10010994 MELE & MELE & SONS INC ONE MELE PLACE BRADDOCK PA 15104 EXCAVATION SERVICES 834800 MEYER SCHERER DBA MSR DESIGN 510 MARQUETTE AVE SUITE 200 MINNEAPOLIS MN 55402 ARCHITECTS 420384 DESMONE ARCHITECTS 3400 BUTLER STREET PITTSBURGH PA 15201 ARCHITECTS 395439 SENTINEL CONSTRUCTION LLC 3000 STONEWOOD DRIVE SUITE 120 WEXFORD PA 15090 CONSTRUCTION CONTRACTORS 110145 5 2538129 2538129 1866 1866 2539995 0 0 1866 4530 4530 35127 35127 151 151 1624 1624 327 327 253519 253519 150 150 IMPAIRMENT 3197428 3197428 TAXES 3765 3765 MAINTENANCE 2098 2098 OTHER FEES 15 15 3498734 3498734 0 0 0 4124474 0 580929 0 1000000 0 1500 5629488 15627924 5629488 21334827 7313607 11526633 0 253519 0 11097194 7313607 22877346 X -1684119 -1542519 -1684119 -1542519 5629488 21334827 X -958739 1100339 X 0 1 X 1 0 X X 1 REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION 251033264 10 1 3498734 0 1 3498734 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 2019 WAS 42.26% AND INVESTMENT INCOME PERCENTAGE FOR 2019 WAS 8.29%. 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). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CONSTRUCTION IN PROGRESS 15627924 15627924 X PART X, LINE 2: AS OF DECEMBER 31, 2019 AND 2018 THE CORPORATION IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS. THE CORPORATION'S TAX RETURN FOR THE YEAR 2018 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 399000 0 110000 0 1860 0 19600 0 15464 0 545924 0 0 JOYCE DENNIS M CHIEF OPERATING OFFICER 0 300000 0 0 0 1680 0 19600 0 24293 0 345573 0 0 KIRK WILLIAM C JR 1119 - 3/31/19) VP - REAL ESTATE OPERATIONS 0 173933 0 10000 0 0 0 3447 0 5625 0 193005 0 0 SAUL W MICHAEL TREASURER 0 106092 0 14000 0 1175 0 7532 0 22281 0 151080 0 0 WHITE TIMOTHY F SENIOR VP - DEVELOPMENT 0 209016 0 40000 0 1860 0 13287 0 23628 0 287791 0 0 HOBBES JASON W CORPORATE SECRETARY 0 160000 0 6400 0 480 0 11200 0 22749 0 200829 0 0 PINELLI CHRISTOPHER DIRECTOR, PROPERTY MGMT 0 145746 0 0 0 1401 0 9775 0 10905 0 167827 0 0 SWITALA JOSEPH J JR VP OF CONSTRUCTION 0 152876 0 0 0 1538 0 9847 0 10862 0 175123 0 0 STRUNK PHILIP R DIRECTOR, ENGINEERING SVCS 0 129800 0 10000 0 480 0 9275 0 22501 0 172056 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. FORM 990, PART XI, LINE 9: LAND CONTRIBUTION FROM RIDC OF SWPA GROWTH FUND 1,100,339. 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 PITTSBURGH TECHNOLOGY CENTER ASSOCIATION 611 WILLIAM PENN PLACE SUITE 600 PITTSBURGH PA 15219 251762563 PROPERTY MANAGEMENT PA 501(C)(4) N/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 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 23121 0.28880 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 RIDC OF SW PA GROWTH FUND 25-1603768 (LOAN BALANCES) E 8168867 ACTUAL COST INCURRED RIDC OF SW PA GROWTH FUND 25-1603768 (PRINCIPAL INCREASE) E 3772417 ACTUAL COST INCURRED RIDC OF SW PA GROWTH FUND 25-1603768 (LAND CONTRIBUTION) S 1100339 ACTUAL COST INCURRED