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Pennsylvania · Nonprofit

REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA

REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA (Pennsylvania) receives grants from 1 organization whose IRS filings report $239,963 to it, the largest being ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE ($239,963). 1 of them have funded it in more than one year.

Revenue FY2024
$35M
Funders on record
1
Grants received
$240k
Net assets
$171M
1/1 repeat funders
01What it does

What Regional Industrial Development Corp of Southwestern Pennsylvania does

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.

As stated on its FY2024 Form 990.

Program

  1. The regional industrial development corporation of southwestern pennsylvania (ridc) develops and rents property principally in economically depressed areas at below market value. Ridc obtains and guarantees low interest loans with the pennsylvania industrial development authority on behalf of small businesses. These activities are conducted solely to assist in combating community deterioration through the increase in the level of industry & employment opportunities, thus assisting federal, state and local governments in similar efforts.

    $20,119,688 spent$19,139,765 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $20,119,688.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($22M) Expenses 100 ($19M) Net assets 100 ($122M)2018 Revenue 120 ($27M) Expenses 132 ($25M) Net assets 102 ($124M)2019 Revenue 152 ($34M) Expenses 125 ($23M) Net assets 110 ($134M)2020 Revenue 110 ($24M) Expenses 119 ($22M) Net assets 112 ($137M)2021 Revenue 152 ($34M) Expenses 111 ($21M) Net assets 123 ($150M)2022 Revenue 102 ($23M) Expenses 110 ($21M) Net assets 125 ($152M)2023 Revenue 112 ($25M) Expenses 108 ($20M) Net assets 129 ($157M)2024 Revenue 156 ($35M) Expenses 110 ($20M) Net assets 141 ($171M)
'17'18'19'20'21'22'23'24
Revenue (156)Expenses (110)Net assets (141)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $180M to $196M (+9%).

$159M
$162M
$163M
$165M
$178M
$178M
$180M
$196M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 2% · 2019 5% · 2020 0% · 2021 3% · 2023 3% · 2024 5%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$3.6M
’17
$2.1M
’18
$10M
’19
$2.4M
’20
$13M
’21
$2.2M
’22
$4.7M
’23
$14M
’24
11
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Stephenson Samuel J

Chairman/director

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed3331322937363637
Joined·+31+5+0+11+7+4+4
No longer listed·33433843
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

From the IRS filings of REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA's grant income comes from Pennsylvania funders.

PA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Pennsylvania

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Governance

22
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 27 related entities

  • Ridc Mill 19a Leveraged Lender LLC · disregarded
  • Ridc Mill 19b Leverage Lender LLC · disregarded
  • Film Furnace LLC · disregarded
  • 80-82 44th St LLC · disregarded
  • 150 East Shore Drive LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA?
REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA (Pennsylvania) receives grants from 1 organization whose IRS filings report $239,963 to it, the largest being ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE ($239,963). 1 of them have funded it in more than one year.
How many funders does REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA have?
IRS filings report 1 organization giving $239,963 in grants to REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA, 1 of which have funded it in more than one year.
Who is the largest funder of REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA?
ADVANCED ROBOTICS FOR MANUFACTURING INSTITUTE is the largest funder on record, with $239,963 in grants. The full list of funders is on this page.
How can an organization like REGIONAL INDUSTRIAL DEVELOPMENT CORP OF SOUTHWESTERN PENNSYLVANIA find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Pennsylvania. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing