2017-05-15T14:34:21-05:00 2016-06-30 251031723 H2R CPA 436 SEVENTH AVE SIXTH FLOOR PITTSBURGH PA 152191853 990 2015-07-01 251452789 NORTHSIDE INDUSTRIAL DEVELOPMENT COMPANY D/B/A RIVERSIDE CENTER FOR INNOVATION NORT 4123223523 700 RIVER AVENUE NO 531 PITTSBURGH PA 15212 JUAN GARRETT EXECUTIVE DIRECTOR 4123223523 2017-05-12 1 EDWARD G SCHERER P00953415 4123912920 2015 2021-01-29 14:40:06Z JUAN GARRETT 700 RIVER AVENUE PITTSBURGH PA 15212 1383827 0 X N/A X 1983 PA THE PURPOSE OF THE CORPORATION IS TO ENGAGE IN ACTIVITIES THAT PROMOTE AND ENCOURAGE THE ECONOMIC AND COMMUNITY DEVELOPMENT OF COMMUNITIES IN SOUTHWESTERN PENNSYLVANIA. THE CORPORATION SHALL ASSIST IN THE DEVELOPMENT OF PROJECTS, UNDERTAKINGS, STUDIES AND OTHER ACTIVITIES IN COOPERATION AND IN COORDINATION WITH LOCAL GOVERNMENT, EDUCATIONAL, CHARITABLE AND CIVIC BODIES TO ENHANCE COMMUNITIES THROUGH JOB CREATION, PHYSICAL IMPROVEMENT, AND OTHER COMMUNITY IMPROVEMENTS. 9 9 13 5 0 0 642400 164519 599904 1151362 268 372 115215 67574 1357787 1383827 0 16204 0 0 455521 334246 0 0 48838 1342121 1223563 1797642 1574013 -439855 -190186 2877046 2605075 2882213 2800428 -5167 -195353 TO BE A COMPREHENSIVE OPPORTUNITY RESOURCE CENTER FOR BUSINESSES AND COMMUNITIES IN WESTERN PENNSYLVANIA WITH UNIQUE TOOLS TO FOSTER THE CREATION OF NEW ENTERPRISES, THE RAPID COMMERCIALIZATION OF INNOVATIONS AND THE EXPANSION OF EXISTING BUSINESSES. 0 0 400272 776228 INCUBATOR SUPPORT TO HELP STARTUP AND EARLY-STAGE BUSINESSES DEVELOP BY PROVIDING OFFICE SPACE, MANAGEMENT TRAINING, AND OTHER BUSINESS ASSISTANCE SERVICES. 450305 442708 ASSESSMENT OF BROWNFIELD SITES IN ENTERPRISE ZONES. 150102 16204 0 COMPREHENSIVE ENTREPRENEURIAL TRAINING PROGRAMS WHICH TARGET DISADVANTAGED MINORITIES AND VETERANS. 1000679 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 13 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X JUAN GARRETT 4123223523 700 RIVER AVENUE SUITE 531 PITTSBURGH PA 15212 ROBIN ROSEMARY MILLER SECRETARY 1.00 X X 0 0 0 MERRILL STABILE TREASURER 1.00 X X 0 0 0 LINDA LEONHARDT 1ST CHAIR 1.00 X X 0 0 0 CHRIS REINARD CHAIR 1.00 X X 0 0 0 STEVEN C TOWNSEND ESQUIRE 2ND CHAIR 1.00 X X 0 0 0 JENNIFER HARRIS DIRECTOR 1.00 X 0 0 0 PETE HANLON DIRECTOR 1.00 X 0 0 0 MICHAEL KNOOP DIRECTOR 1.00 X 0 0 0 ROBERT JAMES DIRECTOR 1.00 X 0 0 0 JUAN GARRETT EXECUTIVE DIRECTOR 40.00 X X 91146 0 9054 91146 0 9054 0 0 0 0 0 164519 164519 RENTAL INCOME 531120 652879 652879 GOVERNMENT GRANTS 900099 498483 498483 1151362 372 372 DEVELOPER FEE 531390 36549 36549 SHARED OFFICE SERVICE 531390 24271 24271 MISCELLANEOUS INCOME ( 531390 6754 6754 67574 1383827 1218936 0 372 16204 16204 100200 60120 30060 10020 186053 103316 80764 1973 21052 11728 9025 299 26941 15356 10507 1078 28300 28300 45200 26216 18984 112679 112679 183238 143054 40184 35220 19315 15905 CONSULTING EXPENSE 452430 416962 0 35468 BAD DEBT EXPENSE 152626 0 152626 0 UTILITIES 86615 84883 1732 0 TELEPHONE 51829 46646 5183 0 75426 56879 18547 1574013 1000679 524496 48838 231791 147196 194656 196872 116698 86886 8086 25999 5264510 3143398 2298095 2121112 27720 27010 2877046 2605075 238420 222182 1892821 1821808 750972 756438 2882213 2800428 X -360179 -356564 355012 161211 -5167 -195353 2877046 2605075 -190186 0 X X 0 1 X 1 1 1 X 900569 1333063 1087629 642400 164519 4128180 689787 726362 674611 677206 1218936 3986902 1590356 2059425 1762240 1319606 1383455 8115082 0 0 0 8115082 993 632 363 268 372 2628 993 632 363 268 372 2628 1591349 2060057 1762603 1319874 1383827 8117710 0.99970 0.99960 0.00030 0.00040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 178838 178838 1412769 464711 948058 3371825 2459074 912751 301078 219613 81465 2121112 REFUNDABLE ADVANCE 113860 SECURITY DEPOSITS 31101 RELATED PARTY ACCOUNTS PAYABLE 42386 RELATED PARTY LOAN PAYABLE 569091 756438 1383827 0 1383827 0 1383827 1574013 0 1574013 0 1574013 1 VETERAN ON FIRE 700 RIVER AVENUE PITTSBURGH PA 15212 272838079 16204 FMV TO PROVIDE START-UP FUNDING. 0 1 FORM 990, PART VI, SECTION A, LINE 6 MEMBERSHIP IN THE ORGANIZATION IS DIVIDED INTO TWO CLASSES CONSISTING OF VOTING AND NON-VOTING MEMBERS. VOTING MEMBERS ARE THE MEMBERS OF THE BOARD OF DIRECTORS. NON-VOTING MEMBERS ARE ADVISORY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ARE ELECTED BY THE BOARD OF DIRECTORS UPON VOTE OF A MAJORITY OF THE DIRECTORS PRESENT AT A DULY CALLED MEETING OF THE BOARD OF DIRECTORS FOLLOWING APPLICATION BY THE INDIVIDUAL SEEKING SUCH MEMBERSHIP AND PAYMENT OF SUCH ANNUAL DUES, PROVIDED ELIGIBILITY REQUIREMENTS HAVE BEEN MET. REGULAR MEETINGS OF THE MEMBERS ARE HELD AT LEAST QUARTERLY, AND DIRECTORS AND OFFICERS ARE ELECTED ANNUALLY. FORM 990, PART VI, SECTION A, LINE 7B THE BUSINESS, ASSETS AND AFFAIRS OF THE ORGANIZATION ARE MANAGED AND CONTROLLED BY THE BOARD OF DIRECTORS. DIRECTORS SHALL BE DEEMED TO STAND IN A FIDUCIARY RELATION TO THE ORGANIZATION, AND DISCHARGE THE DUTIES OF THEIR POSITION WITH DILIGENCE, CARE AND SKILL WHICH ORDINARILY PRUDENT PEOPLE WOULD EXERCISE UNDER SIMILAR CIRCUMSTANCES. THE DIRECTORS ARE CLASSIFIED INTO THREE CLASSES WITH EACH CLASS CONSISTING AS NEARLY AS POSSIBLE OF ONE-THIRD OF THE NUMBER OF THE BOARD OF DIRECTORS. THE DIRECTORS OF THE FIRST CLASS ARE ELECTED FOR A TERM OF ONE YEAR; THE DIRECTORS OF THE SECOND CLASS FOR A TERM OF TWO YEARS; AND THE DIRECTORS OF THE THIRD CLASS FOR A TERM OF THREE YEARS; AND, AT EACH ANNUAL ELECTION, THE SUCCESSOR TO THE CLASS OF DIRECTORS WHOSE TERM SHALL EXPIRE THAT YEAR SHALL BE ELECTED TO HOLD OFFICE FOR THE TERM OF THREE YEARS, SO THAT THE TERM OF THE OFFICE OF ONE CLASS OF DIRECTORS SHALL EXPIRE EACH YEAR. ALL ELECTIONS TO THE ORGANIZATION'S BOARD OF DIRECTORS SHALL BE THE AFFIRMATIVE VOTE OF A MAJORITY OF THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. A DIRECTOR SHALL SERVE UNTIL HIS OR HER SUCCESSOR HAS BEEN DULY ELECTED OR APPOINTED, OR UNTIL SUCH DIRECTOR'S EARLIER DEATH, RESIGNATION, OR REMOVAL. NO DIRECTOR SHALL SERVE MORE THAN SIX CONSECUTIVE YEARS ON THE BOARD OF DIRECTORS, BUT MAY BE RE-ELECTED TO THE BOARD AFTER ONE YEAR HAS ELAPSED. THE BOARD MAY, FROM TIME TO TIME, BY RESOLUTION ADOPTED BY THE MAJORITY OF THE DIRECTORS THEN IN OFFICE, DESIGNATE ONE OR MORE COMMITTEES, EACH COMMITTEE TO CONSIST OF NOT LESS THAN ONE OF THE DIRECTORS AND SUCH OTHER PERSONS AS THE BOARD MAY DEEM APPROPRIATE. THE COMMITTEES SHALL BE AT ALL TIMES SUBJECT TO THE SUPERVISION AND CONTROL OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS HAS ESTABLISHED AN AUDIT COMMITTEE TO REVIEW THE FINANCIAL OPERATIONS OF THE ORGANIZATION AND TO INFORM THE BOARD OF THE RESULTS OF THAT PROCESS. THE BOARD REVIEWS THE RESULTS OF THE AUDITED FINANCIAL STATEMENTS, AND RATIFIES COMMITTEE ACTIONS WHERE IT IS APPROPRIATE TO DO SO. ONE OF THE RESPONSIBILITIES CHARGED TO THE COMMITTEE IS THE ANNUAL REVIEW OF FORM 990. THE PROCESS USED BY THE COMMITTEE TO FULFILL THIS RESPONSIBILITY IS AS FOLLOWS: MANAGEMENT ENGAGES A CERTIFIED PUBLIC ACCOUNTING FIRM TO PROVIDE MANAGEMENT WITH AN ANNUAL TRAINING SESSION ON ANY CURRENT CHANGES TO FORM 990 AND NEW MATTERS THAT MAY EFFECT THE PREPARATION OF THE FORM AND ALL RELATED SCHEDULES. THE FIRM IS ENGAGED TO PREPARE A DRAFT FORM 990 WHICH IS SUBMITTED TO MANAGEMENT FOR THEIR REVIEW AND APPROVAL. THE FORM APPROVED BY MANAGEMENT IS ALSO SUBMITTED TO THE AUDIT COMMITTEE FOR THEIR REVIEW AND APPROVAL. THE FORM APPROVED BY THE AUDIT COMMITTEE IS SUBMITTED TO THE BOARD WITH A RECOMMENDATION THAT THE BOARD APPROVE THE FORM FOR FILING. THE BOARD APPROVES THE FILING OF THE FORM BEFORE IT IS RELEASED. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON HAS THE "DUTY TO DISCLOSE" THE EXISTENCE OF THE FINANCIAL INTEREST AND IS GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH POWERS DELEGATED BY THE BOARD OF DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A TO ENSURE THAT THE CORPORATION OPERATES IN A MANNER CONSISTENT WITH CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS SHALL BE CONDUCTED. ONE PERIODIC REVIEW SHALL BE DETERMINING WHETHER COMPENSATION ARRANGEMENTS AND BENEFIT PACKAGES ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION AND THE RESULT OF ARM'S LENGTH BARGAINING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COPIES OF ITS GOVERNING INSTRUMENTS, CONFLICT OF INTEREST POLICY AND OTHER MATTERS TO THE PUBLIC UPON REQUEST. THE INFORMATION IS PROVIDED AS QUICKLY AS POSSIBLE WITHOUT CHARGE. THE INFORMATION PROVIDED IS APPROVED BY THE DEPUTY DIRECTOR PRIOR TO RELEASE. FORM 990, PART VII ROBIN ROSEMARY MILLER - 809 MIDDLE STREET, PITTSBURGH, PA 15212-4918. MERRILL STABILE - 503 MARTINDALE STREET, PITTSBURGH, PA 15212. LINDA LEONHARDT - 5004 MCKNIGHT ROAD, PITTSBURGH, PA 15237. CHRIS REINARD - 6849 PENHAM PLACE, PITTSBURGH, PA 15208. STEVEN C. TOWNSEND, ESQUIRE - 564 FORBES AVENUE, PITTSBURGH, PA 15219. JENNIFER HARRIS - 2470 CALIFORNIA AVENUE, PITTSBURGH, PA 15212. PETE HANLON - 100 GLOBAL VIEW DRIVE, WARRENDALE, PA 15086. MICHAEL KNOOP - 800 WATERFRONT DRIVE, PITTSBURGH, PA 15222. ROBERT JAMES - 120 FIFTH AVE, FIFTH AVE. PLACE, PITTSBURGH, PA 15222. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FROM PRIOR YEAR. NORTHSIDE CIVIC DEVELOPMENT COUNCIL INC 700 RIVER AVENUE SUITE 531 PITTSBURGH PA 15212 251145808 INACTIVE PA 501(C)(3) 7 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NORTHSIDE CIVIC DEVELOPMENT COUNCIL INC E 611477 FAIR MARKET VALUE