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.
- Base
- $510k
- Bonus
- $130k
- Other
- $5k
- Benefits
- $43k
- Base
- $334k
- Bonus
- $69k
- Other
- $795
- Benefits
- $27k
- Base
- $273k
- Bonus
- $59k
- Other
- —
- Benefits
- $31k
- Base
- $215k
- Bonus
- $16k
- Other
- —
- Benefits
- $26k
- Base
- $181k
- Bonus
- $5k
- Other
- $774
- Benefits
- $10k
- Base
- $170k
- Bonus
- $2k
- Other
- —
- Benefits
- $19k
- Base
- $160k
- Bonus
- $11k
- Other
- $689
- Benefits
- $20k
- Base
- $146k
- Bonus
- $6k
- Other
- $628
- Benefits
- $26k
- Base
- $154k
- Bonus
- $4k
- Other
- —
- Benefits
- $20k
- Base
- $127k
- Bonus
- $11k
- Other
- $563
- Benefits
- $26k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
President Above 90th percentile | $510k | $130k | $5k | $43k | $712k $769k |
Senior VP - Development Senior Vice President 75th to 90th percentile | $334k | $69k | $795 | $27k | $454k $490k |
Senior VP - Real Estate Senior Vice President 75th to 90th percentile | $273k | $59k | — | $31k | $382k $413k |
Corporate Secretary Secretary (Operational) Above 90th percentile | $215k | $16k | — | $26k | $273k $295k |
Director, Property Mgmt Highest Compensated Employee Median to 75th percentile | $181k | $5k | $774 | $10k | $209k $225k |
Director of Community Inve Highest Compensated Employee Median to 75th percentile | $170k | $2k | — | $19k | $204k $220k |
Director, Asset Management Highest Compensated Employee Median to 75th percentile | $160k | $11k | $689 | $20k | $203k $219k |
Senior Construction Manage Highest Compensated Employee Median to 75th percentile | $146k | $6k | $628 | $26k | $189k $204k |
Director of Site Developme Highest Compensated Employee Median to 75th percentile | $154k | $4k | — | $20k | $189k $204k |
Treasurer 75th to 90th percentile | $127k | $11k | $563 | $26k | $173k $187k |
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.
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.
Chief Executive Officer pay rose 7% from 2023 to 2024, while revenue rose 39%.
- 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.
Revenue and expenses over time
REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA reported revenue and expenses across 2 filing years.
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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