RIDC REGIONAL GROWTH FUND: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
RIDC REGIONAL GROWTH FUND (EIN 25-1495484)
Tax period
2013-01-01 to 2013-12-31
Filed
2014-08-07
IRS object ID
201422199349301107
Schema version
2013v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2014-08-07T13:00:26-05:00ReturnTs
Tax Period End2013-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN251467156PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SISTERSON & CO LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1310 GRANT STREET SUITE 2100AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15219ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN251495484EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE RIDC REGIONAL GROWTH FUNDBusinessNameLine1
FieldValueIRS element (for citing)
Business Name ControlRIDCBusinessNameControlTxt
Phone4124713939PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 SIXTH AVENUE NO 3620AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152222602ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRONALD J COOMBSPersonNm
Person TitleCFOPersonTitleTxt
Phone4124713939PhoneNum
Signature2014-08-07SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL M COMSTOCK CPAPreparerPersonNm
PTINP00474378PTIN
Phone4122812025PhoneNum
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2015-11-30 17:44:51ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRONALD J COOMBSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 SIXTH AVENUE NO 3620AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code152222602ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$8,628,993GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.RIDC.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1985FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionSUPPORT ORGANIZATION FOR RIDC OF SOUTHWESTERN PENNSYLVANIA, PROVIDING DIVERSIFIED ECONOMIC DEVELOPMENT SERVICES TO BUSINESS AND INDUSTRY.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$3,124,164CYContributionsGrantsAmt
PY Program Service Revenue$3,130,868PYProgramServiceRevenueAmt
CY Program Service Revenue$5,314,964CYProgramServiceRevenueAmt
PY Investment Income$11PYInvestmentIncomeAmt
CY Investment Income$327CYInvestmentIncomeAmt
PY Other Revenue$166,187PYOtherRevenueAmt
CY Other Revenue$189,538CYOtherRevenueAmt
PY Total Revenue$3,297,066PYTotalRevenueAmt
CY Total Revenue$8,628,993CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,418CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,867,034PYOtherExpensesAmt
CY Other Expenses$4,338,323CYOtherExpensesAmt
PY Total Expenses$2,867,034PYTotalExpensesAmt
CY Total Expenses$4,339,741CYTotalExpensesAmt
PY Revenues Less Expenses$430,032PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$4,289,252CYRevenuesLessExpensesAmt
Total Assets BOY$4,541,850TotalAssetsBOYAmt
Total Assets EOY$14,553,505TotalAssetsEOYAmt
Total Liabilities BOY$4,111,818TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,980,286TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$430,032NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$5,573,219NetAssetsOrFundBalancesEOYAmt
MissionSUPPORT ORGANIZATION FOR RIDC OF SOUTHWESTERN PENNSYLVANIA, PROVIDING DIVERSIFIED ECONOMIC DEVELOPMENT SERVICES TO BUSINESS AND INDUSTRY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,339,741ExpenseAmt
Revenue$5,314,964RevenueAmt
DescTHE REGIONAL GROWTH FUND WAS INCORPORATED IN 1985 TO PROMOTE EDUCATIONAL AND TRAINING PROGRAMS IN AREAS SUCH AS COMPUTER SCIENCE, ROBOTICS, MEDICAL INSTRUMENTATION, AND ADVANCED TECHNOLOGY BY PROVIDING FACILITIES AND FINANCING TO COLLEGES AND UNIVERSITIES IN SOUTHWESTERN PENNSYLVANIA. THE PRINCIPAL PROJECT OF THE REGIONAL GROWTH FUND IS THE MANAGEMENT AND DEVELOPMENT OF THE 2,800,000 SQUARE FOOT FORMER VOLKSWAGEN PLANT/SONY FACTORY LOCATED IN WESTMORELAND COUNTY PENNSYLVANIA.Desc
Total Program Service Expenses$4,339,741TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RONALD J COOMBS CFOBusinessNameLine1
FieldValueIRS element (for citing)
Phone4123156440PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1210 SIXTH AVENUE SUITE 3620AddressLine1
CityPITTSBURGHCity
StatePAState
ZIP Code15222ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
DONALD F SMITH JR
PRESIDENT4.0040.00Yes (X)Yes (X)$0$289,935$32,073
G REYNOLDS CLARK
CHAIRMAN/DIRECTOR0.501.00Yes (X)Yes (X)$0$0$0
DENNIS M JOYCE
VICE CHAIRMAN0.501.00Yes (X)Yes (X)$0$0$0
COLEMAN BENEDICT
DIRECTOR0.501.00Yes (X)$0$0$0
MARK JAY KURTZROCK
DIRECTOR0.501.00Yes (X)$0$0$0
SAMUEL J STEPHENSON
DIRECTOR0.701.00Yes (X)$0$0$0
WILLIAM C KIRK JR
V.P./PROPERTY OPERATIONS4.0040.00Yes (X)$0$149,696$26,605
COLLEEN B POREMSKI
CORPORATE SECRETARY4.0040.00Yes (X)$0$84,280$19,629
TIMOTHY F WHITE
V.P./DEVELOPMENT4.0040.00Yes (X)$0$135,230$25,375
RONALD J COOMBS
CFO/TREASURER4.0040.00Yes (X)$0$143,200$26,570
MARCIA L GRIMES ESQUIRE
ASSISTANT SECRETARY0.500.50Yes (X)$0$0$0
BARBARA SNOWBALL
DIRECTOR OF LEASING2.0040.00$0$103,053$14,877Yes (X)
J JAMES PALOCHIK
DIRECTOR OF CONSTRUCTION2.0040.00$0$118,828$15,856Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,024,222TotReportableCompRltdOrgAmt
Total Other Compensation$160,985TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
BURNS & SCALO ROOFING
22 RUTGERS RD 200PITTSBURGHPA15205ROOFING$3,172,315
LIMBACH COMPANY
31-35TH STREETPITTSBURGHPA15201CONSTRUCTION$1,600,109
FRANJO CONSTRUCTION CORP
335 E 7TH AVENUEHOMESTEADPA15120CONSTRUCTION$1,098,133
HESS CORP
1185 AVE OF THE AMERICAS 40TH FLNEW YORKNY10036NATURAL GAS$485,591
GREGG PROTECTION SERVICES
828 EAST PITTSBURGH PLAZAEAST PITTSBURGHPA15112SECURITY$319,544
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K12CntrctRcvdGreaterThan100KCnt
Government Grants$3,124,164GovernmentGrantsAmt
Total Contributions$3,124,164TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL INCOME531120$5,214,192$5,214,192
SERVICE & MANAGEMENT532000$100,772$100,772
FieldValueIRS element (for citing)
Total Program Service Revenue$5,314,964TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$327TotalRevenueColumnAmt
Exclusion$327ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business531390BusinessCd
Total Revenue Column$189,538TotalRevenueColumnAmt
Related Or Exempt Func Income$189,538RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$189,538OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,628,993TotalRevenueColumnAmt
Related Or Exempt Func Income$5,504,502RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$327ExclusionAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,418TotalAmt
Program Services$1,418ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$341,735TotalAmt
Program Services$341,735ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$13,988TotalAmt
Program Services$13,988ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,348TotalAmt
Program Services$8,348ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$68,391TotalAmt
Program Services$68,391ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,565TotalAmt
Program Services$1,565ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,427TotalAmt
Program Services$8,427ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$4,122TotalAmt
Program Services$4,122ProgramServicesAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$75,127TotalAmt
Program Services$75,127ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$182,697TotalAmt
Program Services$182,697ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$146,946TotalAmt
Program Services$146,946ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
UTILITIES$2,099,536$2,099,536
MAINTENANCE$1,273,781$1,273,781
TAXES$38,073$38,073

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$75,587TotalAmt
Program Services$75,587ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,339,741TotalAmt
Program Services$4,339,741ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$32,963BOYAmt
EOY$143,066EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$3,124,164EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$59,697BOYAmt
EOY$2,169,121EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$75,000BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$4,638,741LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$233,654LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$968,168BOYAmt
EOY$4,405,087EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,406,022BOYAmt
EOY$4,712,067EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,541,850BOYAmt
EOY$14,553,505EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,971,206BOYAmt
EOY$3,247,535EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$291,011BOYAmt
EOY$358,586EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$1,849,601BOYAmt
EOY$5,374,165EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,111,818BOYAmt
EOY$8,980,286EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$430,032BOYAmt
EOY$5,573,219EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$430,032BOYAmt
EOY$5,573,219EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,541,850BOYAmt
EOY$14,553,505EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$4,289,252ReconcilationRevenueExpnssAmt
Prior Period Adjustments$148,083PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$705,852OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
CertificationYes (X)CertificationInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PA 501(C)(6)BusinessNameLine1
FieldValueIRS element (for citing)
EIN251033264EIN
Organization Type501 (C)(6)OrganizationTypeDesc
Governing Document ListedYes (1)GoverningDocumentListedInd
Supported Org NotifiedYes (1)SupportedOrgNotifiedInd
US OrganizedYes (1)USOrganizedInd
Support$4,339,741SupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$4,339,741SupportSumAmt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,973,498OtherCostOrOtherBasisAmt
Depreciation$200,392DepreciationAmt
Book Value$3,773,106BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$614,243OtherCostOrOtherBasisAmt
Depreciation$30,712DepreciationAmt
Book Value$583,531BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$51,000OtherCostOrOtherBasisAmt
Depreciation$2,550DepreciationAmt
Book Value$48,450BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,405,087TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescCONSTRUCTION IN PROGRESSDesc
Book Value$4,712,067BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,712,067TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,628,993TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$8,628,993RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,628,993TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,339,741TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$4,339,741ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,339,741TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationAS OF DECEMBER 31, 2013 AND 2012, THE CORPORATION IS UNAWARE OF ANY UNCERTAIN TAX POSITIONS. THE CORPORATION'S TAX RETURNS FOR YEARS 2010 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DONALD F SMITH JR
PRESIDENT$0$254,185$0$35,750$0$0$0$15,505$0$16,568$0$322,008$0$0
WILLIAM C KIRK JR
V.P./PROPERTY OPERATIONS$0$133,580$0$16,116$0$0$0$9,855$0$16,750$0$176,301$0$0
TIMOTHY F WHITE
V.P./DEVELOPMENT$0$117,430$0$17,800$0$0$0$8,687$0$16,688$0$160,605$0$0
RONALD J COOMBS
CFO/TREASURER$0$143,200$0$0$0$0$0$9,788$0$16,782$0$169,770$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE ANNUAL FORM 990 IS PREPARED BY THE STAFF OF RIDC AND REVIEWED BY THE OUTSIDE AUDITORS AND THEN PRESENTED TO THE BOD OF RIDC PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C"CONFLICT OF INTEREST" DISCLOSURE FORMS ARE DISTRIBUTED TO THE BOD MEMBERS EACH YEAR. THE COI FORMS ARE THEN RETURNED TO THE SECRETARY OF THE CORPORATION. ALL COI FORMS ARE REVIEWED BY THE AUDIT COMMITTEE, AS WELL AS THE BOD EXECUTIVE COMMITTEE. THE RIDC PRESIDENT AND RIDC CHAIRMAN OF THE BOARD ARE INVOLVED IN THE PROCESS, INCLUDING FORM CONTENTS, AND IDENTIFYING INDIVIDUAL(S) OF CONCERN.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION HAS NO DIRECT EMPLOYEES, AND THEREFORE NO COMPENSATION ANALYSIS IS APPLICABLE.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS, COI POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990 MAY ALSO BE VIEWED AT GUIDESTAR.COM, ALTHOUGH THE ORGANIZATION DID NOT PROVIDE A COPY DIRECTLY TO GUIDESTAR.
FORM 990, PART XI, LINE 9:TRANSFER FROM REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PA 705,852.
FORM 990, PART XI, LINE 8 PRIOR PERIOD ADJUSTMENTPRIOR PERIOD ADJUSTMENT TO CORRECT ERROR TO REFLECT MANANGEMENT FEE INCOME - $148,083.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PA
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222251033264ECON DEV OF SWPAPA501(C)(6)N/AN/A0
RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222251603768ECON DEV OF SWPAPA501(C)(3)11(A)N/A0
RIDC FUND FOR ECONOMIC GROWTH
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222251636676ECON DEV OF SWPAPA501(C)(3)11(A)N/A0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Predominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerInd
INNOVATION RIDGE PARTNERS LP
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222251833057RE DEVELOPMENTPARIDC OF SWPARELATED$224,323$13,356,32800
CW DEVELOPMENT LP
ONE BIGELOW SQUARE SUITE 630PITTSBURGHPA15219364734310RE DEVELOPMENTPACW DEVELOPMENTRELATED-$35,802$556,07600

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdDirect Controlling NADirectControllingNACdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Share Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmt
FOCAL POINT OF FINANCIAL SERVICES INC
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222251113778INACT NONPROFITPAN/AC0
2000 TECHNOLOGY DRIVE CONDOMINIUM ASSOCIATION
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222251779854CONDO ASSOC.PAN/AC0
INNOVATION RIDGE DEVELOPMENT CORPORATION
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222273458190RE DEVELOPMENTPAC0RIDC OF SW PA
RIDC REAL ESTATE DEVELOPMENT COMPANY
210 SIXTH AVE SUITE 3620PITTSBURGHPA15222273652717RE DEVELOPMENTPAC0RIDC OF SW PA-$35,802$556,076
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (4 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
RIDC OF SW PA - 25-1033254 (LOAN BALANCE)
E$1,231,499ACTUAL COST INCURRED
RIDC OF SW PA - 25-1033254 (PRINCIPAL INCREASED)
E$915,733ACTUAL COST INCURRED
RIDC OF SW PA - 25-1033254 (LOAN BALANCE)
O$341,735ACTUAL COST INCURRED
RIDC OF SW PA - 25-1033254 (INTEREST)
R$15,951ACTUAL COST INCURRED

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