PITTSBURGH REGIONAL ALLIANCE

EIN: 251780438 501(c)(3) Community Improvement

PITTSBURGH, PA

Total Revenue
$4,547,384
Total Expenses
$4,547,384
Total Assets
$2,714,100
Net Assets
$1,892,350
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
PA
Principal Officer
STEFANI PASHMAN
Phone
4122811890
Tax Period
2023-01-01 to 2023-12-31

PITTSBURGH REGIONAL ALLIANCE, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $4.5M in total revenue in fiscal year 2023.

Mission

THE MISSION OF THE PITTSBURGH REGIONAL ALLIANCE (PRA) IS TO MARKET THE 10 COUNTIES OF SOUTHWESTERN PENNSYLVANIA AS A PRIME LOCATION FOR BUSINESS INVESTMENT AND TALENT.(CONTINUED ON SCH O) THE PRA PROVIDES BUSINESS LEADERS DOMESTICALLY AND GLOBALLY WITH ESSENTIAL RESCOURCES, CONNECTS THEM TO VARIOUS SOURCES OF SUPPORT AND ASSISTS THEM IN THE PROCESS OF CORPORATE EXPANSION OR LOCATION WITHIN THE PITTSBURGH REGION. THE PRA MAINTAINS REGIONAL DATA, DEMOGRAPHICS AND REAL ESTATE DATABASES. THE PRA ALSO PROVIDES PROJECT MANAGEMENT SERVICES INCLUDING SITE LOCATION ASSISTANCE, GLOBAL BUSINESS ASSISTANCE, ACCESS TO FINANCIAL ASSISTANCE, TALENT ATTRACTION AND RETENTION, PEER EXECUTIVE MEETINGS AND MARKET RESEARCH AND ANALYSIS TO BUSINESS EXECUTIVES CONSIDERING INVESTING IN SOUTHWESTERN PENNSYLVANIA.

Program Service Accomplishments

Program 1
Expenses: $3,217,264 Revenue: $0

TOGETHER WITH OUR AFFILIATES AND REGIONAL INVESTOR PARTNERS WE ARE GROWING OUR ECONOMY BY SECURING BUSINESS INVESTMENT AND JOB CREATION.IN SERVICE TO THE 10-COUNTY PITTSBURGH REGION, WE HELPED TO...

Read more

TOGETHER WITH OUR AFFILIATES AND REGIONAL INVESTOR PARTNERS WE ARE GROWING OUR ECONOMY BY SECURING BUSINESS INVESTMENT AND JOB CREATION.IN SERVICE TO THE 10-COUNTY PITTSBURGH REGION, WE HELPED TO SECURE 82 WINS REPRESENTING $2.58 BILLION CAPEX AND 7,072 NEW AND RETAINED JOBS AND CREATED A STRONG PIPELINE OF OVER 100 PROSPECTS REPRESENTING BILLIONS OF DOLLARS AND THOUSANDS OF JOBS.(CONTINUED ON SCHEDULE O)BY FOCUSING EFFORTS ON KEY HIGH-GROWTH, INNOVATION-DRIVEN INDUSTRIES WHERE THE REGION HAS COMPETITIVE ADVANTAGES, OUR REGION ACHIEVED ECONOMIC DEVELOPMENT WINS SUCH AS:ADVANCED MANUFACTURING BCI STEEL AND NEXTTRACKER: A REGIONAL STEEL FACTORY REVITALIZED TO MANUFACTURE COMPONENTS FOR SOLAR PANELS. RE:BUILD MANUFACTURING: A NEW MANUFACTURING HUB AT NEW KENSINGTON ADVANCED MANUFACTURING PARK TO SERVE ENERGY, LIFE SCIENCES, ROBOTICS, AEROSPACE AND OTHER HIGH-GROWTH INDUSTRIES. SHELL POLYMERS MONACA: THE FIRST MAJOR POLYETHYLENE MANUFACTURING COMPLEX IN THE NORTHEASTERN UNITED STATES COMMENCED OPERATIONS AND OPENED ITS INNOVATION CENTER REPRESENTING A MULTIBILLION-DOLLAR INVESTMENT.ENERGY EOS ENERGY ENTERPRISES: A GROUNDBREAKING LONG-DURATION BATTERY MANUFACTURER IN EAST PITTSBURGH THAT RECEIVED A CONDITIONAL $398.6 MILLION FEDERAL LOAN GUARANTEE TO SUPPORT A MAJOR EXPANSION. WESTINGHOUSE: AN EVINCI MICROREACTOR BUSINESS IN A FORMER FACTORY IN ETNA TO MANUFACTURE NUCLEAR BATTERIES.LIFE SCIENCES ELEVATEBIO BASECAMP INC.: A $35 MILLION CELL AND GENE THERAPY FACILITY TO OPEN IN PITTSBURGH'S HAZELWOOD GREEN. ROBOTICS & AI GECKO ROBOTICS: A $100 MILLION INVESTMENT FROM A $5 BILLION TECHNOLOGY FUND FROM PITTSBURGH'S THOMAS TULL AND EXPANDED ROLE WITHIN THE U.S. DEPARTMENT OF DEFENSE TO ACCELERATE MAINTENANCE. SPACE ASTROBOTIC: A $20 MILLION INVESTMENT TO RENOVATE A FIVE-STORY BUILDING NEAR ITS HEADQUARTERS ON PITTSBURGH'S NORTH SIDE AS THE COMPANY PREPARED THE FIRST COMMERCIAL LAUNCH OF ITS PEREGRINE LANDER TO THE MOON.YEAR OVER YEAR, WE EXPANDED THE REACH OF THE NEWLY CREATED BUSINESS INVESTMENT BRAND, PITTSBURGH REGION. NEXT IS NOW, HIGHLIGHTING THE REGION AS AN ICONIC PLACE WHERE WHAT'S NEXT IS HAPPENING NOW AND WHERE COMPANIES, STARTUPS, UNIVERSITIES AND MORE ARE ALL MEETING THE WORLD'S BIGGEST CHALLENGES AND BUILDING A NEXT GENERATION ECONOMY FOR ALL. COMPARED TO 2022, DIGITAL MARKETING EFFORTS IN 2023 RESULTED IN:10% INCREASE IN EARNED MEDIA IMPRESSIONS. 30% INCREASE IN LINKEDIN FOLLOWERS.+300% INCREASE IN PAID MEDIA IMPRESSIONS.140% INCREASE IN CONVERSIONS ACROSS MEDIA PLATFORMS.+402.7% INCREASE IN WEBSITE VISITORS.POST-PANDEMIC, WE IMPLEMENTED A MORE AGGRESSIVE, TARGETED FOREIGN DIRECT INVESTMENT STRATEGY WITH AN INITIAL FOCUS ON GERMANY THROUGH A SERIES OF BILATERAL TRADE MISSIONS.RECOGNIZING THAT A GLOBALLY COMPETITIVE ECONOMY DEPENDS ON THE AVAILABILITY OF TALENT AND A SKILLED WORKFORCE, WE LED EFFORTS TO ATTRACT AND RETAIN HIGH-DEMAND TALENT, ESPECIALLY PEOPLE OF COLOR, WITH AN INITIAL FOCUS ON TALENT RETENTION. WE SUPPORTED EMPLOYER TALENT ATTRACTION EFFORTS WITH THE LAUNCH OF A PITTSBURGH REGIONAL TALENT MARKETING INITIATIVE, BELONG. BECOME. BE., FOCUSING ON RAISING AWARENESS OF THE REGION'S DIFFERENTIATED ASSETS WITH AN INITIAL FOCUS ON STUDENTS AT COLLEGES AND UNIVERSITIES ACROSS THE REGION, ALL TAILORED TO WHAT TALENT IS LOOKING FOR IN A COMMUNITY.THE 2023 PITTSBURGH PASSPORT KICKED OFF ITS FIFTH YEAR AS A MARQUEE PROGRAM TO SHOWCASE THE REGION'S AMENITIES AND OPPORTUNITIES TO RETAIN MORE COLLEGE STUDENTS AND RECENT GRADUATES TO FILL THE TALENT PIPELINE FOR REGIONAL EMPLOYERS. NEARLY 8,000 STUDENTS ENROLLED INTO THE PROGRAM, REPRESENTING MORE THAN 45 COUNTRIES, 44 STATES AND MORE THAN 250 CITIES. OF THE STUDENTS REACHED, 40% WERE FROM DIVERSE BACKGROUNDS. IT GAINED NEARLY 2,000 MORE STUDENTS THAN THE PREVIOUS YEAR.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,507,299
Program Service Revenue $0
Investment Income $40,085
Other Revenue $0
TOTAL REVENUE $4,547,384

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $117,097
Program Expenses $3,217,264
Other Expenses $4,547,384
TOTAL EXPENSES $4,547,384

Year-over-Year Comparison

2023 2022 Change
Revenue $4,547,384 $4,604,779 0.0%
Expenses $4,547,384 $4,604,779 0.0%
Net Income $0 $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
2
Employees
N/A
Volunteers
25

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
5
$1,371,407
Total Directors
3
$664,311
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEFANI PASHMAN CEO 2.00
Officer Director
$0 $37,553 $664,311
WILLIAM S DEMCHAK CHAIR 2.00
Officer Director
$0 $0 $0
ERIC BOUGHNER ENTER 122022 SECRETARY/TREASURER 2.00
Officer Director
$0 $0 $0
MATT SMITH ENTER 122022 CHIEF GROWTH OFFICER 28.00
Officer
$0 $12,146 $426,414
JANEL SKELLEY CFO 14.00
Officer
$0 $31,440 $280,682
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
2024 No data No data No data No data
2023 $4,547,384 $4,547,384 $2,714,100 No data
2022 $4,604,779 $4,604,779 $4,460,863 No data
2021 $1,982,076 $1,982,076 $4,112,374 No data
2020 $3,714,095 $3,714,095 $1,934,464 No data
2019 $3,348,825 $3,348,825 $2,172,125 No data
2018 $4,779,008 $4,779,008 $2,061,650 No data
Explore More Nonprofits
Top 100 Nonprofits in Pennsylvania Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PITTSBURGH REGIONAL ALLIANCE with other nonprofits in Pennsylvania and across the country.