RIDC MILL 19A (EIN 822985893) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

MARIAN D KURTA

Phone

4123156440

Tax Period

2024-01-01 to 2024-12-31

RIDC MILL 19A, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.1M in total revenue in fiscal year 2024. The organization ran a surplus of $689K, a strong 32% operating margin.

Mission

RIDC MILL 19A SHALL BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AND AT ALL TIMES, EXCLUSIVELY, FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSYLVANIA BY REVIVING PROPERTY, LESSENING NEIGHBORHOOD TENSIONS, LESSENING BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION BY DEVELOPING AN INDUSTRIAL DEVELOPMENT PROJECT AT A LOCATION WITHIN THE CITY OF PITTSBURGH, PENNSYLVANIA.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,145,597

Investment Income $42

Other Revenue $0

TOTAL REVENUE $2,145,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,456,524

Other Expenses $1,456,524

TOTAL EXPENSES $1,456,524

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,145,639	$2,145,712	0.0%
Expenses	$1,456,524	$1,348,413	+0.1%
Net Income	$689,115	$797,299	-0.1%

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

Governance

Voting Members

Independent Members

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

$1,994,360

Total Directors

$712,374

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SMITH DONALD F JR	PRESIDENT	1.00	Officer Director	$0	$67,544	$712,374
SMITH MATT	DIRECTOR	0.50	Director	$0	$0	$0
ROBINSON F BROOKS JR	DIRECTOR	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
WHITE TIMOTHY F	SENIOR VP - DEVELOPMENT	1.00	Officer	$0	$50,493	$453,770
HOBBES JASON W	CORPORATE SECRETARY	1.00	Officer	$0	$41,417	$272,708
GOLDSTROM MICHAEL	SENIOR VP - REAL ESTATE	1.00	Officer	$0	$50,074	$382,083
KURTA MARIAN D	TREASURER	1.00	Officer	$0	$35,134	$173,425
PINELLI CHRISTOPHER	DIRECTOR, PROPERTY MGMT	1.00	Highest	$0	$22,460	$208,764
HEINRICHER MICHAEL	DIRECTOR, ASSET MANAGEMENT	1.00	Highest	$0	$31,272	$203,017
BUECHLI JOHN	CONSTRUCTION MANAGER	1.00	Highest	$0	$36,262	$188,571
MILLER KEITH	DIRECTOR OF SITE DEVELOPME	1.00	Highest	$0	$30,852	$188,548
COOPER JENI	DIRECTOR OF COMMUNITY INVE	1.00	Highest	$0	$31,534	$203,511

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	$2,145,639	$1,456,524	$31,323,291	$689,115
2023	$2,145,712	$1,348,413	$30,973,833	$797,299
2022	$2,189,289	$1,555,278	$30,506,988	$634,011
2021	$2,172,080	$2,032,016	$29,613,197	$140,064
2020	$2,146,784	$3,066,085	$29,499,317	$-919,301
2019	$1,080,230	$4,778,827	$28,404,398	$-3,698,597
2018	$897,695	$6,090,747	$33,429,806	$-5,193,052

RIDC MILL 19A