2012-11-05T13:07:22-06:00 2011-12-31 GRANT THORNTON LLP 2001 MARKET STREET SUITE 3100 PHILADELPHIA PA 19103 990 2011-01-01 236050858 Philadelphia Industrial Development Corp % ANTHONY SIMONETTA PHIL 2154968020 2600 Centre Square West 1500 Marke Philadelphia PA 19102 ANTHONY J SIMONETTA 2154968020 2012-11-01 true 2155614200 2011 2016-02-24 21:20:13Z John Grady 1500 Market Street Philadelphia PA 19102 19028597 false X www.pidc-pa.org X 1957 PA PIDC plans and implements economic development initiatives which enhance the competitive environment, generate jobs and produce higher tax ratables throughout the City of Philadelphia. 28 24 78 0 0 0 0 0 21411845 18996749 88259 31848 0 0 21500104 19028597 13555 55917 0 0 6722967 6876291 0 0 0 14314920 11355449 21051442 18287657 448662 740940 45504462 52930342 35734455 46565060 9770007 6365282 X PHILADELPHIA INDUSTRIAL DEVELOPMENT CORPORATION (PIDC) HAS BEEN PHILADELPHIA'S ECONOMIC DEVELOPMENT CORPORATION SINCE 1958. AS A NON-PROFIT, PUBLIC-PRIVATE PARTNERSHIP FOUNDED BY THE CITY OF PHILADELPHIA (THE CITY) AND THE GREATER PHILADELPHIA CHAMBER OF COMMERCE, PIDC AND ITS COMBINED AFFILIATES (COLLECTIVELY, THE CORPORATION) PLANS AND IMPLEMENTS FINANCING AND REAL ESTATE TRANSACTIONS THROUGHOUT ALL NEIGHBORHOODS THAT ATTRACT INVESTMENT, JOBS AND TAX RATABLES TO THE CITY. PIDC'S INVESTMENTS SERVE TO DIVERSIFY THE CITY'S ECONOMIC BASE AND IMPROVE THE QUALITY OF LIFE FOR BUSINESS AND RESIDENTS. EACH OF THE COMBINED RELATED AFFILIATES (AFFILIATES) IS ALSO A PENNSYLVANIA NOT-FOR-PROFIT ORGANIZATION. false false 5947646 0 6706930 BELOW MARKET RATE LENDING- PROVIDE SUPPORT TO RELATED/COMBINED ENTITIES THAT ISSUE SUBORDINATED DEBT FINANCING WITH BELOW MARKET INTEREST RATES FOR CAPITAL PROJECTS FOR THE PURPOSE OF RETENTION AND GROWTH OF EMPLOYMENT IN THE CITY OF PHILADELPHIA. 3752892 0 6304330 PROPERTY MANAGMENT- PROVIDE SERVICES TO THE CITY OF PHILADELPHIA, WHICH INCLUDE, THE SALE OR LEASE CONVEYED PROPERTY. PIDC HAS EXPERTISE IN REAL ESTATE USAGE AND NEGOTIATIONS INVOLVING COMMERCIAL AND INDUSTRIAL DEVELOPMENT WHICH BENEFITS THE CITY OF PHILADELPHIA AND GREATER METROPOLITAN AREA. THE SERVICES PROVIDED INCLUDE MAINTENANCE OF GROUNDS, OBTAINING INSURANCE ON PROPERTIES, DEFENDING AGAINST LAW SUITS INVOLVING PROPERTY, ETC. 3636524 55917 5403892 GRANT/ CONTRACT MANAGEMENT- MANAGE FUNDING AND DISTRIBUTION OF GRANTS AND CONTRACTS TO BE USED FOR CAPITAL/COMMERCIAL PROJECTS USED TO FACILITATE JOBS CREATION AND ECONOMIC DEVELOPMENT WITHIN THE CITY OF PHILADELPHIA. 252702 0 581597 Software Development and Maintenance 252702 0 581597 13589764 false false false false false false false true false true false false true true true false true false false false false false false false false false true false true false false false false false false false true false false false false false true true true false true 78 0 true 78 false true false false false false false X 28 24 false false false false true false true true true false false false true false true false false true false false PA X ANTHONY SIMONETTA 2154968122 1500 MARKET STREET Philadelphia PA 19102 X M Walter D'Alessio 1.0 X X 0 0 0 Robert C Wonderling 1.0 X X 0 0 0 Edward H Morris 1.0 X X 0 0 0 David E Beavers 1.0 X X 0 0 0 Andrea Allon 1.0 X 0 0 0 Helen Baik 1.0 X 0 0 0 Jannie L Blackwell 1.0 X 0 0 0 Audrey Bronson 1.0 X 0 0 0 Craig Carnaroli 1.0 X 0 0 0 Fred Cosenza 1.0 X 0 0 0 Rob Dubow 1.0 X 0 0 0 Alan Greenberger 1.0 X 0 0 0 Frank Jiruska Jr 1.0 X 0 0 0 Alan C Kessler 1.0 X 0 0 0 William Marrazzo 1.0 X 0 0 0 James McManus 1.0 X 0 0 0 Richard Negrin 1.0 X 0 0 0 Michael A Nutter 1.0 X 0 0 0 Salvatore J Patti 1.0 X 0 0 0 Angelo R Perryman 1.0 X 0 0 0 Sulaiman Rahman 1.0 X 0 0 0 Michael Rashid 1.0 X 0 0 0 Guillermos Salas Jr 1.0 X 0 0 0 William R Sautter 1.0 X 0 0 0 Shelley R Smith 1.0 X 0 0 0 Joseph H Weiss 1.0 X 0 0 0 Barbara Wilson 1.0 X 0 0 0 Ahmeenah Young 1.0 X 0 0 0 John Grady 33.5 X 236571 0 169803 Sam Rhoads 33.5 X 213521 0 186389 Anthony Simonetta 33.5 X 186161 0 42892 Peter Longstreth 33.5 X 135000 0 80760 Anne Nevins 33.5 X 112499 0 34034 Paul Deegan 33.5 X 157690 0 31825 Terry Demusis 33.5 X 152107 0 158813 Joseph Mee 33.5 X 131687 0 159570 Williams J Agate Jr 35.5 X 142974 0 75099 Carole Bennis 35.5 X 123454 0 70967 Marla Hamilton 35.5 X 121971 0 84357 Thomas Dalfo 35.5 X 125716 0 94441 Carol deFries 35.5 X 117192 0 43284 1956543 0 1232234 17 false true false Grant Thornton LLP 2001 Market Street PHILADELPHIA PA 19103 Audit & Tax 224781 Geographix Inc 201 Fulton Street RIVERTON NJ 08077 IT 289563 Schander Harrison Segal Lewis 1600 Market Street PHILADELPHIA PA 19103 Legal Services 197467 Lipsky Brandt 1101 Market Street PHILADELPHIA PA 19107 legal services 111717 4 0 BELOW MARKET RATE LENDING 900099 4946518 4946518 CONTRACT/GRANT MANAGEMENT 900099 5403892 5403892 PROPERTY MANAGEMENT 900099 6304329 6304329 LOAN FEES 900099 1760412 1760412 SOFTWARE DEVELOPMENT 900099 581598 581598 18996749 31848 31848 0 0 0 0 0 0 0 19028597 18996749 0 31848 55917 55917 0 0 0 1325235 1325235 0 3576481 1229887 2346594 0 1574793 833437 741356 399782 213553 186229 0 35142 35142 190621 190621 80215 80215 0 0 116888 116888 0 0 0 0 487975 228529 259446 0 0 0 5398 5398 0 84023 84023 656358 546080 110278 OTHER EXPENSES 1584251 1037150 547101 0 DIRECT CONTRACT EXPENSES 8114578 8114578 18287657 13589764 4697893 0 23023023 28621737 0 0 0 0 9111134 11857580 0 0 0 0 1074418 0 0 0 26189 105616 1835494 1684695 109579 150799 0 0 0 0 0 0 0 0 12160119 12194610 45504462 52930342 3543910 1330591 0 0 7910008 7260404 0 0 253622 253622 0 0 0 0 0 0 24026915 37720443 35734455 46565060 X 9770007 6365282 0 0 0 0 9770007 6365282 45504462 52930342 X 740940 -4145665 X false true true X true true false true 0 621387 621387 0 0 500768 421502 79266 0 713339 641806 71533 150799 DUE FROM RELATED PARTY 12194610 12194610 0 DUE TO RELATED PARTIES 28395956 ACCRUED POST RETIREMENT BENEFITS 7847954 DUE TO OTHER AGENCIES 1476534 37720444 19028597 18287657 740940 -4145665 -4145665 -3404725 19028597 19028597 19028597 22433322 4145665 4145665 18287657 18287657 Escrow or Custodial Account Liability Schedule D, Part IV, Line 2b Escrow account represents interest earned that is payable to the Delaware River Port Authority on loans managed by PIDC. FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 The Corporation (PIDC and its combined affiliates) follows the guidance for Accounting for Uncertainty in Income Taxes, which requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the relevant taxing authority. The Corporation does not believe its consolidated financial statements include any material uncertain tax positions; as such, no provision is recorded in the consolidated statements of activities. Reconciliation of Net Assets Schedule D, Part XI, Line 8 The change in pension and postretirement benefit other than net periodic benefit- $4,145,665 Reconciliation of Expenses Schedule D, Part XIII, Line 2d The change in pension and postretirement benefit other than net periodic benefit- $4,145,665 true Octo Enterprises INC 2202 Alter Street Philadephia PA 19416 233051523 29417 Contract/Grant Management Contract/Grant Management Vox Populi INC 319 N 11th Street Third Floor Philadephia PA 19107 232912413 501(c)(3) 26500 contract/grant management 1 1 Procedure for Monitoring Use of Grant Funds Inside U.S. Schedule I, Part I, Line 2 PIDC has controls in place to ensure grant proceeds will be used and distributed in accordance with the terms of the grant agreement. A review of the use of grant proceeds is done during the application process through which grantees request funds. Management reviews the documentation provided by grantees to ensure the request meets the criteria of the grant agreement. X X false true false false false false false true false John Grady 202308 0 30000 0 4263 0 142919 0 26884 0 406374 0 Sam Rhoads 180000 0 25000 0 8521 0 171753 0 14636 0 399910 0 Anthony Simonetta 167750 0 10000 0 8411 0 42454 0 438 0 229053 0 Peter Longstreth 135000 0 0 0 0 0 58503 0 22257 0 215760 0 Paul Deegan 135000 0 12000 0 10690 0 12035 0 19790 0 189515 0 Terry Demusis 135000 0 9000 0 8107 0 149454 0 9359 0 310920 0 Joseph Mee 125000 0 6300 0 387 0 134786 0 24784 0 291257 0 Williams J Agate Jr 136489 0 6250 0 235 0 50287 0 24812 0 218073 0 Carole Bennis 117750 0 5000 0 704 0 70638 0 329 0 194421 0 Marla Hamilton 114414 0 6000 0 1557 0 75059 0 9298 0 206328 0 Thomas Dalfo 120000 0 5500 0 216 0 67688 0 26753 0 220157 0 Carol deFries 105000 0 12000 0 192 0 32013 0 11271 0 160476 0 Supplemental nonqualified retirement plan Schedule J, Part I, Line 4b Peter Longstreth participates in a self funded deferred compensation retirement plan, also referred to as a 457(B) non-qualified retirement plan. He contributed $16,500. Defined Benefit Plan Schedule J, Part II, Column (C) PIDC offers a defined benefit plan (the "Plan") to its employees. Participants become eligible to receive retirement benefits the first month on or the next following attainment of age 60 and completion of 5 years of vesting service from the date they become eligible participants of the Plan. The participant's benefit is equal to 2.0% of final average compensation multiplied by years of service (not in excess of 35 years), less 1.0% of the Social Security benefit multiplied by years of service (not in excess of 35 years). Pursuant to generally accepted accounting principles, management is required to determine the present value of the defined benefit plan liability, which considers various factors, including number of years until the participant's eligible retirement age, a discounted interest rate, and the expected return of the defined benefit's plan assets. During 2011, because of current economic market conditions the discounted interest rate assumption decreased by 125 basis points, which caused the present value of the defined benefit plan's liability to increase substantially. The impact of the increase in the present value of the defined benefit liability to an individual's deferred compensation is reflected in "retirement and other deferred compensation" in Schedule J- Part II Column (c). The increase in the present value of the defined benefit plan's liability does not correspond to the actual benefit due to the Plan participants that is based on the compensation structure and years of experience, for which there were no significant changes during 2011. Bonuses Schedule J, Part I, Line 7 The compensation for the CEO, including the bonus, is approved by the compensation committee which includes the chairman of the board of directors and designated board members appointed by the chairman of the board of directors. The Board of Directors approves the compensation to the CEO based on various criteria including meeting job perfomance goals. The Corporation has established a Compensation Program to ensure the compensation, including bonus paid to officers and employees, is fair, competitive, and reflective of employee's actual performance. For the Corporation's senior executive, this includes establishing performance standards at the beginning of the year, which are used by the CEO to measure each executive's performance at year end. The Corporation periodically performs pay-range surveys of other comparable employers and monitors current trends in compensation. In addition, the compensation structure embeds a risk based component that considers achievement of performance goals. E MorrisM D'AlessioW Sautters Director 838945 Health Insurance false David E Beavers Director 40140 Legal Fees false Other Program Services Form 990, Part III, Line 4d Software Development and Maintenance: PIDC created a software program that is specifically designed to assimilate, track, and report the information required by local, state, and federal regulators and authorities. PIDC licenses the software to similarly situated tax exempt organizations for the management of their portfolios and reporting requirements. Members or Stockholders Form 990, Part VI, Line 6 The members of the Corporation are the persons who are the directors of the Corporation. The business and affairs of the Corporation are managed by the directors. The organization has three classes of directors: 1) 7 City Directors consisting of the seven officers of the City of Philadelphia; the Mayor of the City of Philadelphia, the Director of Commerce, the President of the Council, the Chairman of the Planning Commission, the City Solicitor, the Managing Director, and the Director of Finance. 2) 8 Chamber of Commerce Directors nominated by the President of the Greater Philadelphia Chamber of Commerce. 3) 15 Public Directors as nominated jointly by the President of the Greater Philadelphia Chamber of Commerce and the Director of Commerce of the City of Philadelphia. Decisions Subject to Approval Form 990, Part VI, Line 7b The Board of Directors (comprised of the 30 members as defined above) is authorized to approve by appropriate resolution the purchase, sale, lease, mortgage pledge, or other disposal of real estate and the borrowing of money for that purpose. The decisions of the Board regarding certain loan programs are subject to approval by external parties. In addition, between the times of the Board of Directors meeting, the Executive Committee has the right to exercise the authority of the Board of Directors. The Executive committee consists of 15 directors including the seven (7) City Directors and eight (8) Chamber Directors who are named to the Board of Directors. The Chairman of the Board of Directors is also the Chairman of the Executive Committee. Form 990 Review Process Form 990, Part VI, Line 11b The Director of Financial Reporting assembles the Form 990, which is subsequently reviewed by the Senior Vice President of Operations, and also subject to review by PIDC's tax advisors. The Form 990 is required to be reviewed by the Audit Committee of the Board prior to filing with the Internal Revenue Service. The Form 990 is made available to all Board members upon request. Conflict of Interest Policy Monitoring & Enforcement Form 990, Part VI, Line 12c All directors of the organization must disclose the nature and extent of any interests, direct or indirect, contact, and/or activity related to such projects promoted by the organization. No director who has such an interest can vote on any matter relating to it. The disclosure is retained in the minute book of the organization. The Corporation has included a conflict of interest policy within the Personnel Policy Manual, and is applicable to all employees of the Corporation. Further, on a periodic basis, the Corporation requires the officers of the Corporation to disclose any conflicted interests. Written Document Retention Policy Form 990, Part VI, Line 14 PIDC has approved and implemented a document retention policy effective June 2012. Process for Determining Compensation Form 990, Part VI, Line 15a The compensation for the CEO is approved by the compensation committee which includes the chairman of the board of directors and designated board members appointed by the chairman of the board of directors. Form 990, Part VI, Line 15b The Corporation has established a Compensation Program to ensure the salaries and benefits paid to officers and employees is fair, competitive, and reflective of employee's actual performance. For the Corporation's senior executive, this includes establishing performance standards at the beginning of the year, which are used by the CEO to measure each executive's performance at year end. The Corporation periodically performs pay-range surveys of other comparable employers and monitors current trends in compensation. In addition, the compensation structure embeds a risk based component that considers achievement of performance goals. How Documents are Made Available to the Public Form 990, Part VI, Line 19 The Corporation makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.com. The Corporation's financial statements and governing documents (including conflict of interest policy) are not ordinarily made available to the public. Reconciliation of Net Assets Form 990, Part XI, Line 5 The change in pension and postretirement benefit other than net periodic benefit - $4,145,665 Support Schedule Pursuant to Section 1.509(a)-4 of the Treasury Regulations, a 501(c)(3) organization can be the supporting organization of a 501(c)(4) organization provided that the supported organization meets the requirements under 509(a)(2). The information provided below for PIDC supports the determination that PIDC meets the 509(a)(2) public support test. Note we are providing the totals for the 5 yeras through 2011. Iindividual years are available upon request. Gifts, grants, contributions, and membership fees received 40,984,360 ---------- Total Public Support 40,984,360 ---------- Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt mission 37,416,106 ---------- Total 78,400,466 Amounts included in above received from other than disqualified persons that exceed the greater of $5,000 or 1% (28,633,212) ----------- Public Support 48,133,450 =========== Total from above 78,400,466 Gross income for interest, dividends, payments received on securities loans, rents, royalties and income from similar sources 2,229,025 ----------- Total Support 80,629,490 Public suport percentage for 2011 (calculated as Total Public Support divided by Total Support) 62% HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:M. Walter D'Alessio TITLE:Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Robert C Wonderling TITLE:Vice Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Edward H. Morris TITLE:Treasurer HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:David E. Beavers TITLE:Secretary HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Andrea Allon TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Helen Baik TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jannie L. Blackwell TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Audrey Bronson TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Craig Carnaroli TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Fred Cosenza TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Rob Dubow TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Alan Greenberger TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Frank Jiruska, Jr TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Alan C. Kessler TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:William Marrazzo TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:James McManus TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Richard Negrin TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Michael A. Nutter TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Salvatore J. Patti TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Angelo R. Perryman TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Sulaiman Rahman TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Michael Rashid TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Guillermos Salas, Jr. TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:William R. Sautter TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Shelley R. Smith TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Joseph H. Weiss TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Barbara Wilson TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Ahmeenah Young TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:John Grady TITLE:President HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Sam Rhoads TITLE:Senior Vice President HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Anthony Simonetta TITLE:Senior Vice President HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Peter Longstreth TITLE:President- Retired HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Anne Nevins TITLE:Senior Vice President HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Paul Deegan TITLE:Senior Vice President HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Terry Demusis TITLE:Snr Vice Pres & Asst Secretary HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Joseph Mee TITLE:Assistant Secretary HOURS:4 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Williams J. Agate, Jr. TITLE:Vice President HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Carole Bennis TITLE:Vice President HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Marla Hamilton TITLE:Vice President HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Thomas Dalfo TITLE:Vice President HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Carol deFries TITLE:Vice President HOURS:2 PIDC- Development Management Corporation 1500 Market Street Philadelphia PA 19102 232176818 Econ Develop. PA 501(c)(4) N/A false PIDC- Financing Corporation 1500 Market Street Philadelphia PA 19102 364665239 Econ Develop. PA 501(c)(4) N/A false PIDC- Local Development Corporation 1500 Market Street Philadelphia PA 19102 300598934 Econ Develop. PA 501(c)(4) N/A false PIDC- Regional Development Corporation 1500 Market Street Philadelphia PA 19102 232889102 Econ Develop. PA 501(c)(3) 11 PIDC false PIDC- Penn Venture Fund 1500 Market Street Philadelphia PA 19102 211585341 Econ Develop. PA 501(c)(4) N/A false Food Distribution Center 1500 Market Street Philadelphia PA 19102 231475639 Econ Develop. PA 115 N/A false false false false true false false false false false false false false false true true true false false PIDC- Regional Development Corporation p 461994 Contractual Fee