PITTSBURGH, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SW PA, founded in 1990, is a small nonprofit in the Community Improvement sector that reported $324K in total revenue in fiscal year 2024. Revenue surged 672% from the prior year, signaling strong growth momentum. The organization ran a surplus of $290K, a strong 89% operating margin.
THE REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SW PA WAS ESTABLISHED TO PROMOTE COMMUNITY DEVELOPMENT IN SOUTHWESTERN PENNSYLVANIA THROUGH THE CONDUCT OF A NUMBER OF ACTIVITIES, INCLUDING THE OPERATION OF A REVOLVING LOAN FUND.
THE REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SW PA PLANS TO ACCUMULATE A POOL OF FUNDS, WHICH WILL BE MADE AVAILABLE TO QUALIFIED BUSINESSES AND OTHER DEVELOPMENT ORGANIZATIONS THROUGHOUT THE...
THE REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SW PA PLANS TO ACCUMULATE A POOL OF FUNDS, WHICH WILL BE MADE AVAILABLE TO QUALIFIED BUSINESSES AND OTHER DEVELOPMENT ORGANIZATIONS THROUGHOUT THE REGION TO ACHIEVE THE DESIRED RESULT OF CREATING JOBS AND PROMOTING INDUSTRIAL GROWTH IN ECONOMICALLY DEPRESSED AREAS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $323,611 | $41,923 | +6.7% |
| Expenses | $34,010 | $32,100 | +0.1% |
| Net Income | $289,601 | $9,823 | +28.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SMITH DONALD F JR | PRESIDENT | 0.50 |
Officer
Director
|
$0 | $67,544 | $712,374 |
| KURTZROCK MARK JAY | DIRECTOR/VICE CHAIRMAN | 0.50 |
Director
|
$0 | $0 | $0 |
| STEPHENSON SAMUEL J | CHAIRMAN/DIRECTOR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| HUNT WILLIAM | DIRECTOR/VICE CHAIRMAN | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| MCNULTY TIMOTHY P | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| GIOVANNITTI JENNIFER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| RUSSO AUDREY | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| MONDI PATRICK | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| WHITE TIMOTHY F | SENIOR VP - DEVELOPMENT | 0.50 |
Officer
|
$0 | $50,493 | $453,770 |
| HOBBES JASON W | CORPORATE SECRETARY | 0.50 |
Officer
|
$0 | $41,417 | $272,708 |
| GOLDSTROM MICHAEL | SENIOR VP - REAL ESTATE | 0.00 |
Officer
|
$0 | $50,074 | $382,083 |
| KURTA MARIAN D | TREASURER | 0.50 |
Officer
|
$0 | $35,134 | $173,425 |
| HEINRICHER MICHAEL | DIRECTOR, ASSET MANAGEMENT | 0.50 |
Highest
|
$0 | $31,272 | $203,017 |
| PINELLI CHRISTOPHER | DIRECTOR, PROPERTY MGMT | 0.00 |
Highest
|
$0 | $22,460 | $208,764 |
| BUECHLI JOHN | CONSTRUCTION MANAGER | 0.00 |
Highest
|
$0 | $36,262 | $188,571 |
| MILLER KEITH | DIRECTOR OF SITE DEVELOPME | 0.00 |
Highest
|
$0 | $30,852 | $188,548 |
| COOPER JENI | DIRECTOR OF COMMUNITY INVE | 0.00 |
Highest
|
$0 | $31,534 | $203,511 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $323,611 | $34,010 | $5,771,426 | $289,601 |
| 2023 | $41,923 | $32,100 | $5,468,104 | $9,823 |
| 2022 | $2,533,737 | $2,063,705 | $4,351,429 | $470,032 |
| 2021 | $162,292 | $4,511 | $4,322,091 | $157,781 |
| 2020 | $31,792 | $4,795 | $4,165,751 | $26,997 |
| 2019 | $51,584 | $3,535 | $4,136,237 | $48,049 |
| 2018 | $39,453 | $4,660 | $4,088,908 | $34,793 |
Compare REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SW PA with other nonprofits in Pennsylvania and across the country.