HILL HOUSE ECONOMIC DEVELOPMENT CORP

EIN: 251752971 501(c)(3)

PITTSBURGH, PA

Total Revenue
N/A
Total Expenses
$1,062,563
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
PA
Principal Officer
EMMA LUCAS-DARBY
Phone
4123924400
Tax Period
2020-07-01 to 2021-05-07

Mission

PURPOSE OF DEVELOPING PROGRAMS AND DRIVING CATALYTIC PROJECTS PROMPTING ECONOMIC DEVELOPMENT AND ENCOURAGING ENTREPRENEURIAL ACTIVITY FOR RESIDENTS IN THE HILL DISTRICT, WHICH IS ONE OF THE POOREST SECTIONS OF THE CITY OF PITTSBURGH, PENNSYLVANIA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,062,563
TOTAL EXPENSES $1,062,563

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $-20,275 -1.0%
Expenses $1,062,563 $4,391,731 -0.8%
Net Income N/A $-4,412,006 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
R SCOTT POLLOCK CHAIRMAN 0.50
Officer Director
$0 $0 $0
MICHAEL B THOMAS 1ST VICE-CHAIR 0.50
Officer Director
$0 $0 $0
CLYDE WILSON PICKETT DIRECTOR 0.50
Director
$0 $0 $0
SCOTT M LAMMIE DIRECTOR 1.00
Director
$0 $0 $0
EMMA LUCAS-DARBY DIRECTOR 1.00
Director
$0 $0 $0
PHILLIP B PARR DIRECTOR 0.50
Director
$0 $0 $0
PETE MENDES INTERIM EXEC DIRECTOR 1.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 No data $1,062,563 No data No data
2020 $-20,275 $4,391,731 $1,816,608 $-4,412,006
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