Totals
- Total revenue
- $579,665
- Total expenses
- $468,185
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $478,046
- Investment income
- $17,058
- Other revenue
- $84,561
- Total assets, end of year
- $4,483,341
- Total liabilities, end of year
- $80,393
- Net assets or fund balances, end of year
- $4,402,948
- Program services expenses (Part IX)
- $357,643
- Management and general expenses
- $109,204
- Fundraising expenses
- $1,338
- Program service expenses (Part III)
- $357,643
Program services were 76.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: REIMB.EXP.- AFF. ORG.
total $460,046 · related or exempt $460,046
-
2b · Program service revenue: MGMT FEE- AFF. ORG.
total $18,000 · related or exempt $18,000
-
3 · Investment income
total $17,058 · excluded $17,058
-
11a · Other revenue: EQUITY IN EARNING/SIF
total $75,545 · related or exempt $75,545
-
11b · Other revenue: INVESTMENT INCOME - PO
total $9,016 · related or exempt $9,016
-
11e · Other revenue, total
$84,561
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $297,765 · program services $238,212 · management and general $59,553
-
11b · Fees: legal
total $14,593 · program services $12,184 · management and general $1,071 · fundraising $1,338
-
11c · Fees: accounting
total $36,525 · program services $29,220 · management and general $7,305
-
13 · Office expenses
total $848 · program services $155 · management and general $693
-
14 · Information technology
total $41 · management and general $41
-
19 · Conferences, conventions and meetings
total $1,478 · management and general $1,478
-
23 · Insurance
total $58,126 · program services $29,063 · management and general $29,063
-
24a · Other expenses: OUTSIDE SERVICES
total $56,896 · program services $46,896 · management and general $10,000
-
24e · All other expenses
total $1,913 · program services $1,913
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,257,528 · end of year $1,260,156
-
4 · Accounts receivable
beginning of year $74,533 · end of year $96,596
-
9 · Prepaid expenses and deferred charges
beginning of year $32,557 · end of year $4,260
-
12 · Investments: other securities
beginning of year $3,037,768 · end of year $3,122,329
-
15 · Other assets
beginning of year $45,663 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $156,581 · end of year $80,393
-
27 · Net assets without donor restrictions
beginning of year $4,291,468 · end of year $4,402,948
Mission and programs · 2023
Mission
PROMOTE ECONOMIC DEVELOPMENT IN THE CITY OF PITTSBURGH AND SURROUNDING 10 COUNTIES.
-
STRATEGIC INVESTMENT FUND, INC. PROVIDES SERVICES FOR STRATEGIC INVESTMENT FUND PARTNERS, IN ITS CAPACITY AS THE GENERAL PARTNER. THE PARTNERSHIP WAS ESTABLISHED TO PROVIDE A SOURCE OF PRIVATE SECTOR FINANCING FOR PROJECTS THAT PROMOTE ECONOMIC DEVELOPMENT, CREATE EMPLOYMENT,CONTRIBUTE TO THE ELIMINATION OF URBAN BLIGHT, AND ENHANCE DEVELOPMENT IN THE CITY OF PITTSBURGH, PENNSYLVANIA AND THE SURROUNDING COUNTIES OF WESTERN PENNSYLVANIA.
Expenses $357,643 · Revenue $562,681
As filed on the 2023 return.
Listed in Part VII
-
Sylvan M HolzerSYLVAN M HOLZER
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Eric Johnson Exit 122023ERIC JOHNSON EXIT 122023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David Morehouse Enter 42023DAVID MOREHOUSE ENTER 42023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John A BarbourJOHN A BARBOUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gretchen R HaggertyGRETCHEN R HAGGERTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Helen Hanna CaseyHELEN HANNA CASEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William E HuntWILLIAM E HUNT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David J MaloneDAVID J MALONE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Dan OnoratoDAN ONORATO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert Stephany Exit 52023ROBERT STEPHANY EXIT 52023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stefani PashmanSTEFANI PASHMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Don Smith Enter 42023DON SMITH ENTER 42023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin Wade Enter 42023KEVIN WADE ENTER 42023
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janel M SkelleyJANEL M SKELLEY
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT
501(C)(3) · IMPROVING THE PITTSBURGH REGION'S ECONOMIC FUTURE AND QUALITY OF LIFE. · PA
Directly controlled by ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
STRATEGIC INVESTMENT FUND PARTNERS
RELATED · FINANCING CAPITAL PROJECTS THAT PROMOTE ECONOMIC DEVELOPMENT. · PA · 6.31% owned · share of income $25,177 · share of assets $2,812,096 · general or managing partner
-
POWER OF 32 SITE DEVELOPMENT FUND LLC
RELATED · FINANCING CAPITAL PROJECTS THAT PROMOTE ECONOMIC DEVELOPMENT. · PA · 50% owned · share of income $9,299 · share of assets $98,051
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 29 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202432539349300618
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