Overview
What is The Ridc Regional Growth Fund?
The Ridc Regional Growth Fund is a nonprofit organization founded in 1985, based in Pittsburgh, Pennsylvania (PA, ZIP 15238). Its mission lies in fostering educational and training programs, primarily focusing on advanced technology sectors such as computer science, robotics, medical instrumentation, and technology. The organization achieves this goal by offering facilities and financing to colleges and universities in southwestern Pennsylvania. Their most notable project is the development and management of a 2.8-million-square-foot former Volkswagen plant/Sony factory, located in Westmoreland County, Pennsylvania. By providing diversified economic development services to businesses and industries, the Ridc Regional Growth Fund aims to revitalize the region.
Official website here: www.ridc.org
Is The Ridc Regional Growth Fund legitimate?
The Ridc Regional Growth Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ridc Regional Growth Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $600,000
For more financial information, click here
Official website here: www.ridc.org
What is the mission statement of The Ridc Regional Growth Fund?
The Ridc Regional Growth Fund is a supporting organization that provides diverse economic development services to businesses and industries. Established in 1985, its mission is geared towards promoting educational and training programs in various fields, including computer science, robotics, medical instrumentation, and advanced technology. The organization achieves this by offering facilities and financing to educational institutions in southwestern Pennsylvania. The primary project of the Regional Growth Fund is the management and development of a large-scale industrial complex, spanning over 2.8 million square feet. While the specific location is not mentioned, this facility has undergone significant transformation from its previous identity as the Volkswagen plant/Sony factory.
Official website here: www.ridc.org
Who is the CEO of The Ridc Regional Growth Fund?
Marian D Kurta is the President of The Ridc Regional Growth Fund.
Official website here: www.ridc.org
What is the revenue of The Ridc Regional Growth Fund?
The Ridc Regional Growth Fund's revenue in 2022 was $13,086,181.
Official website here: www.ridc.org
Who are the executives of The Ridc Regional Growth Fund and what are their salaries?
- Smith Donald F Jr (President) [Trustee/Director]
- White Timothy F (Senior Vp - Development)
- Goldstrom Michael (Senior Vp - Real Estate)
- Joyce Dennis M Ret 622 (Chief Operating Officer)
- Hobbes Jason W (Corporate Secretary)
- Pinelli Christopher (Director, Property Mgmt)
- Heinricher Michael (Director, Asset Management)
- Buechli John (Construction Manager)
- Miller Keith (Director Of Site Development)
- Kurta Marian D 522-1222 (Treasurer)
- Vicario Mary Jo (Senior Property Manager)
- Cunningham W H 122-522 (Treasurer)
- Poremski Colleen B 122-322 (Asst. Corporate Secretary)
- Kurtzrock Mark Jay (Director)
- Stephenson Samuel J (Chairman/Director)
- Hunt William (Director/Vice Chairman)
- Mcnulty Timothy P (Director)
Official website here: www.ridc.org
Where can I find the form 990 for The Ridc Regional Growth Fund?
The The Ridc Regional Growth Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.ridc.org
Learn more at the official website: www.ridc.org
Mission Statement of The Ridc Regional Growth Fund
The Ridc Regional Growth Fund, established in 1985, is a supportive organization based in southwestern Pennsylvania with a mission to provide diversified economic development services to businesses and industry. This nonprofit organization focuses on promoting educational and training programs, particularly in fields such as computer science, robotics, medical instrumentation, and advanced technology.
To accomplish this, The Ridc Regional Growth Fund offers facilities and financing to colleges and universities within its region. One of its most significant projects is the management and development of a 2,800,000-square-foot former Volkswagen plant/Sony factory located in Westmoreland County, Pennsylvania. This substantial project underlines The Ridc Regional Growth Fund's commitment to fostering economic growth and development within its community. By providing essential resources and support to educational institutions and businesses, The Ridc Regional Growth Fund is instrumental in driving innovation and progress in southwestern Pennsylvania.
Impact
This information is meant to be a general summary of The Ridc Regional Growth Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Ridc Regional Growth Fund's impact is significant in promoting economic development and educational programs in southwestern Pennsylvania. By providing facilities and financing to colleges and universities in the region, particularly in areas like computer science, robotics, medical instrumentation, and advanced technology, the organization contributes to the growth of local industries and the workforce. One of its key projects involves the management and development of a large industrial facility in Westmoreland County, Pennsylvania, which serves as a hub for innovation and business activities. Through its efforts, The Ridc Regional Growth Fund plays a crucial role in driving community improvement and fostering economic vitality in the area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$13,073,037
SERVICE & MANAGEMENT
Revenue
$347
Organization Details
Founding Year
1985
Phone
(412) 315-6440
Principal Officer
Marian D Kurta
Main Address
267 KAPPA DRIVE, PITTSBURGH, PA, 15238
Website
www.ridc.org
NTEE Category
Code: S300 - Community improvement
If you are a representative of The Ridc Regional Growth Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.