RIDC LTC 48 SHALL BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AND AT ALL TIMES EXCLUSIVELY, FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSYLVANIA BY REVIVING PROPERTY, LESSENING NEIGHBORHOOD TENSIONS, LESSENING THE BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION BY DEVELOPING AN INDUSTRIAL DEVELOPMENT PROJECT AT A LOCATION WITHIN THE CITY OF PITTSBURGH, PENNSYLVANIA.
Executive compensation
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 Community Improvement & Capacity Building organizations nationwide.
| Position | Total |
|---|---|
President 25th percentile to medianvs Community Improvement & Capacity Building peers in Pennsylvania | $68k $73k |
Senior VP - Development Senior Vice President 10th to 25th percentile | $50k $55k |
Senior VP - Real Estate Senior Vice President 10th to 25th percentile | $50k $54k |
Corporate Secretary Secretary (Operational) Median to 75th percentile | $41k $45k |
Construction Manager Highest Compensated Employee Below 10th percentile | $36k $39k |
Treasurer 25th percentile to medianvs Community Improvement & Capacity Building peers in Pennsylvania | $35k $38k |
Director of Community Inve Highest Compensated Employee Below 10th percentile | $32k $34k |
Director, Asset Management Highest Compensated Employee Below 10th percentile | $31k $34k |
Director of Site Developme Highest Compensated Employee Below 10th percentile | $31k $33k |
Director, Property Mgmt Highest Compensated Employee Below 10th percentile | $22k $24k |
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 8 unpaid individuals.
Browse compensation in Community Improvement & Capacity Building →
Top pay as a share of expenses
In 2024, the highest total compensation at RIDC LTC 48 equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.
Up 33%
from 2023
From $51k in 2023 to $68k 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 54% from 2023 to 2024, while revenue fell 66%.
- Senior Vice President pay held roughly steady from 2023 to 2024.
- Secretary (Operational) pay rose 5% from 2023 to 2024.
Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about RIDC LTC 48
What does the Chief Executive Officer of RIDC LTC 48 earn?
In 2024, the Chief Executive Officer of RIDC LTC 48 received $67,544 in total compensation. This pay is below the median (the midpoint) for Chief Executive Officer roles among Community Improvement & Capacity Building organizations in Pennsylvania, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at RIDC LTC 48 compare with similar nonprofits?
Compared with the same role at Community Improvement & Capacity Building organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at RIDC LTC 48 falls between the 25th percentile and the median. In 2024, the highest total compensation at RIDC LTC 48 equaled 3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.
What are RIDC LTC 48's revenue and expenses?
In 2024, RIDC LTC 48 reported $2.6M in total revenue and $2.5M in total expenses on its IRS Form 990.
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