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Filing year 2024

RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND

Pittsburgh, Pennsylvania·EIN 25-1603768·501(c)(3)
Total revenue
$5M
Total assets
$126.8M
Total expenses
$9.7M
Reported officers
17
Mission

OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC TESTING FOR PUBLIC SAFETY, LITERARY, EDUCATIONAL TRAINING, COMMUNITY DEVELOPMENT, COMMUNITY CONSERVATISM, AND OTHER PUBLIC SERVICE PURPOSES PERMITTED WITHIN THE SCOPE OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.

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

Plus 7 unpaid individuals.

Top compensation, year by year

From $51k in 2023 to $712k in 2024.

$51k
2023
$712k
2024
Pay for the position

Chief Executive Officer pay rose 1524% from 2023 to 2024, while revenue fell 51%.

$44k in 2023 to $712k in 2024.
  • Senior Vice President pay rose 796% from 2023 to 2024.
  • Secretary (Operational) pay rose 589% 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

RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND reported revenue and expenses across 2 filing years.

RevenueExpenses
$10.1M
$15.7M
2023
$5M
$9.7M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND

What does the Chief Executive Officer of RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND earn?

In 2024, the Chief Executive Officer of RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND 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 RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND falls in the top 10%.

What are RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND's revenue and expenses?

In 2024, RIDC OF SOUTHWESTERN PENNSYLVANIA GROWTH FUND reported $5M in total revenue and $9.7M in total expenses on its IRS Form 990.

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