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Filing year 2024

REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA

Pittsburgh, Pennsylvania·EIN 25-1033264·501(c)(6)
Total revenue
$34.6M
Total assets
$196M
Total expenses
$20.4M
Reported officers
37
Mission

RIDC WAS INCORPORATED IN 1955 TO PROMOTE THE ECONOMIC AND GENERAL WELFARE OF THE TEN COUNTIES IN SOUTHWESTERN PENNSYLVANIA. THROUGH PUBLIC, PRIVATE, AND INSTITUTIONAL PARTNERSHIPS, RIDC DEVELOPS REAL ESTATE TO ENSURE THE REGION CAN CAPTURE EMERGING AND EXISTING GROWTH OPPORTUNITIES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 10 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

President
Above 90th percentile
$712k
$769k
Base
$510k
Bonus
$130k
Other
$5k
Benefits
$43k
Senior VP - Development
Senior Vice President
75th to 90th percentile
$454k
$490k
Base
$334k
Bonus
$69k
Other
$795
Benefits
$27k
Senior VP - Real Estate
Senior Vice President
75th to 90th percentile
$382k
$413k
Base
$273k
Bonus
$59k
Other
Benefits
$31k
Corporate Secretary
Secretary (Operational)
Above 90th percentile
$273k
$295k
Base
$215k
Bonus
$16k
Other
Benefits
$26k
Director, Property Mgmt
Highest Compensated Employee
Median to 75th percentile
$209k
$225k
Base
$181k
Bonus
$5k
Other
$774
Benefits
$10k
Director of Community Inve
Highest Compensated Employee
Median to 75th percentile
$204k
$220k
Base
$170k
Bonus
$2k
Other
Benefits
$19k
Director, Asset Management
Highest Compensated Employee
Median to 75th percentile
$203k
$219k
Base
$160k
Bonus
$11k
Other
$689
Benefits
$20k
Senior Construction Manage
Highest Compensated Employee
Median to 75th percentile
$189k
$204k
Base
$146k
Bonus
$6k
Other
$628
Benefits
$26k
Director of Site Developme
Highest Compensated Employee
Median to 75th percentile
$189k
$204k
Base
$154k
Bonus
$4k
Other
Benefits
$20k
Treasurer
75th to 90th percentile
$173k
$187k
Base
$127k
Bonus
$11k
Other
$563
Benefits
$26k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 27 unpaid individuals.

Up 7%
from 2023

From $669k in 2023 to $712k in 2024.

$669k
2023
$712k
2024
In today's dollarsEst.
Up 3% in real terms$747k to $769k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 39%.

$669k in 2023 to $712k in 2024.
  • Senior Vice President pay rose 6% from 2023 to 2024.
  • Secretary (Operational) pay rose 6% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA reported revenue and expenses across 2 filing years.

RevenueExpenses
$24.8M
$20.1M
2023
$34.6M
$20.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA

What does the Chief Executive Officer of REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA earn?

In 2024, the Chief Executive Officer of REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA received $712,374 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA falls in the top 10%.

What are REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA's revenue and expenses?

In 2024, REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA reported $34.6M in total revenue and $20.4M in total expenses on its IRS Form 990.

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