2017-02-14T16:17:30-06:00 2016-09-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2015-10-01 800842724 BRIDGEWAY DEVELOPMENT CORPORATION BRID 4122012450 707 GRANT STREET NO 1920 PITTSBURGH PA 15219 MARK PETERSON PRESIDENT 4122012450 2017-02-14 1 EUGENE J LOGAN P00227231 4122613644 2015 2021-01-29 14:40:06Z MARK PETERSON 707 GRANT STREET NO 1920 PITTSBURGH PA 15219 309797 0 X WWW.BRIDGEWAYCAPITAL.ORG X 2015 PA THE MISSION OF BRIDGEWAY DEVELOPMENT CORPORATION IS TO OWN, OPERATE AND DEVELOP COMMERCIAL RENTAL REAL ESTATE FOR SMALL BUSINESSES, TO SUPPLY HEALTHY FOODS, TO PROVIDE LOW-INCOME HOUSING, TO SUPPORT NONPROFIT SERVICE PROVIDERS, TO CREATE JOBS, AND TO HELP REVITALIZE LOW-INCOME COMMUNITIES. 3 2 0 2 0 0 0 0 53720 305750 2623 4047 0 0 56343 309797 0 0 0 0 0 0 0 0 0 129261 647963 129261 647963 -72918 -338166 8665779 7642421 8356703 7621511 309076 20910 X THE MISSION OF BRIDGEWAY DEVELOPMENT CORPORATION IS TO OWN, OPERATE AND DEVELOP COMMERCIAL RENTAL REAL ESTATE FOR SMALL BUSINESSES, TO SUPPLY HEALTHY FOODS, TO PROVIDE LOW-INCOME HOUSING, TO SUPPORT NONPROFIT SERVICE PROVIDERS, TO CREATE JOBS, AND TO HELP REVITALIZE LOW-INCOME COMMUNITIES. 0 0 600239 305750 BRIDGEWAY DEVELOPMENT CORPORATION OWNED AND OPERATED A COMMERCIAL REAL ESTATE PROPERTY IN PITTSBURGH, PA AS A SPACE FOR SMALL BUSINESSES AND NONPROFIT COMPANIES IN A LOW-INCOME COMMUNITY. 600239 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 1 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X MARK PETERSON 4122012450 707 GRANT STREET NO 1920 PITTSBURGH PA 15219 REGINALD OVERTON DIRECTOR 0.50 0.00 X 0 0 0 RICARDO SAVIDO DIRECTOR 0.50 0.00 X 0 0 0 MARK PETERSON PRESIDENT, SECRETARY, TREASURER, CEO 1.00 39.00 X X 0 164417 42574 0 164417 42574 0 0 1 0 SOTA CONSTRUCTION SERVICES INC 80 UNION AVENUE PITTSBURGH PA 15202 CONSTRUCTION CONTRACTOR 1982280 MA'AT CONSTRUCTION GROUP LLC 7120 KELLY STREET SUITE 100B PITTSBURGH PA 15208 CONSTRUCTION CONTRACTOR 544394 2 RENTAL INCOME 532000 305750 305750 305750 4047 4047 309797 305750 0 4047 X 30085 30085 1904 1904 4081 4081 79250 42000 37250 825 820 5 5443 4312 1131 1321 536 785 1877 1877 18 18 58384 58384 168110 168110 27536 27536 BUILDING MAINTENANCE 161185 161185 UTILITY EXPENSE 69364 69364 REAL ESTATE TAXES 28028 28028 BAD DEBT EXPENSE 7404 7404 3148 2475 673 647963 600239 47724 0 428009 173810 4013181 726025 44644 14724 81468 161391 6835492 269021 4098477 6566471 8665779 7642421 1919634 1174730 6437069 6446781 8356703 7621511 X 309076 20910 309076 20910 8665779 7642421 X -338166 50000 X X 0 1 X 1 0 570381 570381 6239709 269021 5970688 13820 13820 11582 11582 6566471 X PART X, LINE 2: THE ORGANIZATION FOLLOWS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (CODIFICATION OR ASC) TOPIC ON INCOME TAXES, WHICH PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION'S COMBINED STATEMENTS OF FINANCIAL POSITION AT SEPTEMBER 30, 2016 AND 2015 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION WOULD ACCRUE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE, IF ANY WERE TO BE INCURRED. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR FISCAL YEARS BEFORE 2013. 0 0 0 MARK PETERSON PRESIDENT, SECRETARY, TREASURER, CEO 0 157000 0 0 0 7417 0 13732 0 28842 0 206991 0 0 FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 BRIDGEWAY DEVELOPMENT CORPORATION'S CONTROLLER GATHERS INFORMATION FOR THE FORM 990 FROM THE FINANCIAL SYSTEM AND PROVIDES THE INFORMATION TO THE INDEPENDENT AUDIT FIRM TO PREPARE A DRAFT. THE CONTROLLER AND PRESIDENT OF BRIDGEWAY REVIEW THE DRAFT FOR ACCURACY AND CHANGES ARE MADE AS APPROPRIATE. THE FINAL FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF BRIDGEWAY DEVELOPMENT CORPORATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BRIDGEWAY DEVELOPMENT CORPORATION DISTRIBUTES THE CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM TO BOARD MEMBERS EACH YEAR FOR COMPLETION. SENIOR MANAGEMENT WILL REVIEW THE FORMS TO ASSESS AND ADDRESS, IF NECESSARY, ANY CONFLICTS THAT ARE DISCLOSED. CONFLICTS WILL BE BROUGHT TO THE BOARD'S ATTENTION AND DISCUSSED OPENLY AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15A MANAGEMENT EMPLOYEES ARE PAID THROUGH THE PARENT COMPANY BRIDGEWAY CAPITAL. THE SALARY OF BRIDGEWAY'S PRESIDENT IS SET BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. AT THE BEGINNING OF THE FISCAL YEAR, THE EXECUTIVE COMMITTEE SETS GOALS FOR THE PRESIDENT AS WELL AS REVIEWING PERFORMANCE RELATED TO GOALS FROM THE PRIOR FISCAL YEAR. THE PRESIDENT & CEO DETERMINES THE COMPENSATION FOR PAID OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 BRIDGEWAY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES WITHIN 30 DAYS UPON WRITTEN REQUEST AND IMMEDIATELY IN THE CASE OF IN-PERSON REQUESTS. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 42,000. MANAGEMENT AND GENERAL EXPENSES 37,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 79,250. FORM 990, PART XI, LINE 9: EQUITY CONTRIBUTION 50,000. PART XII LINE 2C: THE ORGANIZIATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM. ADDITIONALLY, BRIDGEWAY CAPITAL, INC. HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS AND ITS SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. BRIDGEWAY CAPITAL INC 707 GRANT STREET SUITE 1920 PITTSBURGH PA 15219 251635121 REAL ESTATE DEVELOPMENT PA 501(C)(3) LINE 9 N/A 0 BRIDGEWAY CERTIFIED DEVELOPMENT CORPORATION 707 GRANT STREET SUITE 1920 PITTSBURGH PA 15219 743109154 TO SUPPORT CONTROLLING ORGANIZATION PA 501(C)(4) BRIDGEWAY CAPITAL INC 1 15CCD CORORATION 707 GRANT STREET SUITE 1920 PITTSBURGH PA 15219 471471501 REAL ESTATE DEVELOPMENT PA BRIDGEWAY CAPITAL INC C 0 0 0 1 0 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1