Form 990 for tax year 2022
Filed by ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT.
Totals
- Total revenue
- $12,660,423
- Total expenses
- $11,533,603
- Contributions and grants received
- $10,301,002
- Grants paid
- $4,277,615
- Program service revenue
- $2,329,294
- Investment income
- $20,127
- Other revenue
- $10,000
- Total assets, end of year
- $22,189,526
- Total liabilities, end of year
- $4,053,131
- Net assets or fund balances, end of year
- $18,136,395
- Program services expenses (Part IX)
- $9,329,442
- Management and general expenses
- $1,795,286
- Fundraising expenses
- $408,875
- Program service expenses (Part III)
- $9,329,442
Program services were 80.9% 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.
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1e · Government grants (contributions)
$500,000
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1f · All other contributions, gifts and grants
$9,801,002
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2a · Program service revenue: SHARED SERVICES REIMB
total $2,134,285 · related or exempt $2,134,285
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2b · Program service revenue: RELATED ORG SERVICE FEE
total $188,633 · related or exempt $188,633
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2c · Program service revenue: ECONOMIC IMPACT STUDIES
total $27,475 · related or exempt $27,475
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2d · Program service revenue: ANCILLARY REVENUE
total $6,740 · related or exempt $6,740
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2e · Program service revenue: PROGRAM INVESTMENT REVENUE
total -$27,839 · related or exempt -$27,839
-
3 · Investment income
total $20,127 · excluded $20,127
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5 · Royalties
total $10,000 · excluded $10,000
Functional expenses
Part IX, the statement of functional expenses.
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1 · Grants to domestic organizations and governments
total $4,277,615 · program services $4,277,615
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5 · Compensation of officers, directors and key employees
total $1,753,472 · program services $1,212,898 · management and general $457,156 · fundraising $83,418
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7 · Other salaries and wages
total $4,423,864 · program services $2,770,274 · management and general $1,222,160 · fundraising $431,430
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8 · Pension plan contributions
total $168,243 · program services $106,179 · management and general $45,706 · fundraising $16,358
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9 · Other employee benefits
total $435,737 · program services $280,752 · management and general $118,598 · fundraising $36,387
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10 · Payroll taxes
total $403,271 · program services $259,881 · management and general $109,636 · fundraising $33,754
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11b · Fees: legal
total $64,777 · program services $24,481 · management and general $40,296
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11c · Fees: accounting
total $121,729 · program services $40,138 · management and general $81,591
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11g · Fees: other
total $1,303,663 · program services $1,100,564 · management and general $198,456 · fundraising $4,643
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12 · Advertising and promotion
total $219,466 · program services $90,687 · management and general $127,871 · fundraising $908
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13 · Office expenses
total $119,004 · program services $45,342 · management and general $72,868 · fundraising $794
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14 · Information technology
total $189,627 · program services $67,761 · management and general $121,866
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16 · Occupancy
total $892,467 · program services $305,120 · management and general $587,347
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17 · Travel
total $116,995 · program services $64,996 · management and general $39,062 · fundraising $12,937
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19 · Conferences, conventions and meetings
total $469,724 · program services $283,055 · management and general $38,990 · fundraising $147,679
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22 · Depreciation, depletion and amortization
total $109,075 · program services $35,966 · management and general $73,109
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23 · Insurance
total $69,735 · program services $24,496 · management and general $45,239
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24a · Other expenses: RESEARCH & DEVELOPMENT
total $195,190 · program services $64,381 · management and general $130,620 · fundraising $189
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24b · Other expenses: DUES AND MEMBERSHIPS
total $32,443 · program services $11,435 · management and general $15,240 · fundraising $5,768
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24c · Other expenses: SHARED EXPENSES
total -$3,908,211 · program services -$1,773,926 · management and general -$1,768,895 · fundraising -$365,390
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24e · All other expenses
total $75,717 · program services $37,347 · management and general $38,370
Balance sheet
Part X, book values.
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1 · Cash, non-interest-bearing
beginning of year $970,752 · end of year $713,700
-
2 · Savings and temporary cash investments
beginning of year $6,027,635 · end of year $4,819,149
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3 · Pledges and grants receivable
beginning of year $4,476,211 · end of year $6,182,233
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4 · Accounts receivable
beginning of year $662,122 · end of year $1,881,361
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9 · Prepaid expenses and deferred charges
beginning of year $151,728 · end of year $192,637
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10a · Land, buildings and equipment: cost or other basis
$1,086,002
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10b · Land, buildings and equipment: accumulated depreciation
$905,363
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10c · Land, buildings and equipment, net
beginning of year $220,995 · end of year $180,639
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12 · Investments: other securities
beginning of year $3,003 · end of year $3,003
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13 · Investments: program-related
beginning of year $6,201,741 · end of year $6,305,540
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15 · Other assets
beginning of year $0 · end of year $1,911,264
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17 · Accounts payable and accrued expenses
beginning of year $1,704,612 · end of year $4,053,131
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27 · Net assets without donor restrictions
beginning of year $2,691,343 · end of year $2,697,773
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28 · Net assets with donor restrictions
beginning of year $14,318,232 · end of year $15,438,622
Mission and programs · 2022
Mission
THE ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT (ACCD) AND AFFILIATES - THE GREATER PITTSBURGH CHAMBER OF COMMERCE (CHAMBER), THE PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH(PELGP) AND THE PITTSBURGH REGIONAL ALLIANCE (PRA) - WORK IN COLLABORATION WITH PUBLIC AND PRIVATE SECTOR PARTNERS TO STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE IN SOUTHWESTERN PENNSYLVANIA.
Activities or mission (Part I)
TO STIMULATE ECONOMIC GROWTH AND IMPROVE THE QUALITY OF LIFE THROUGHOUT SOUTHWESTERN PENNSYLVANIA.
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TO LAY THE FOUNDATION FOR ACHIEVING OUR SHARED VISION FOR A VITAL, GLOBALLY COMPETITIVE REGION WHERE ALL PEOPLE THRIVE, THE ALLEGHENY CONFERENCE ADVANCED A FOCUSED AGENDA ACROSS THREE STRATEGIC PRIORITIES AND MOBILIZED MEMBERS AND PARTNERS ACROSS THE REGION.TOGETHER WE ARE GROWING OUR ECONOMY BY SECURING BUSINESS INVESTMENT AND JOB CREATION:IN SERVICE TO THE 10-COUNTY PITTSBURGH REGION, OUR BUSINESS INVESTMENT TEAM SECURED 22 BUSINESS INVESTMENT PROJECT WINS, REPRESENTING $1.1 BILLION IN CAPITAL INVESTMENT. OUR EFFORTS ALSO CREATED A PIPELINE OF 135 PROJECTS, REPRESENTING THE POTENTIAL FOR 18,600 NEW AND RETAINED JOBS, AND $14.98 BILLION IN CAPITAL INVESTMENT. (CONTINUED ON SCH O)THESE ECONOMIC DEVELOPMENT EFFORTS FOCUSED ON OPPORTUNITIES IN KEY HIGH-GROWTH, FUTURE-FOCUSED INDUSTRIES WHERE THE REGION HAS COMPETITIVE ADVANTAGES, INCLUDING: AUTONOMY AND ROBOTICS, CYBERSECURITY, FINANCIAL SERVICES AND LIFE SCIENCES. EFFORTS RESULTED IN:ELEVATEBIO AND THE UNIVERSITY OF PITTSBURGH ANNOUNCING THE CREATION OF THE PITT BIOFORGE BIO-MANUFACTURING CENTER AT HAZELWOOD GREEN TO ACCELERATE GENE AND CELL THERAPY INNOVATION. THE PARTNERSHIP, ENABLED BY A $100 MILLION GRANT FROM THE RICHARD KING MELLON FOUNDATION, IS EXPECTED TO CREATE 172 SIX-FIGURE JOBS, SERVES AS A STERLING EXAMPLE OF OUR PHILANTHROPIC AND HIGHER EDUCATION STAKEHOLDERS CONTINUING TO DRIVE OUR REGION'S ECONOMY.GECKO ROBOTICS AFFIRMING PITTSBURGH AS ITS HEADQUARTERS AND EXPANDING ITS LOCAL PRESENCE TO 40 JOBS WITH AN ESTIMATED $10 MILLION CAPITAL INVESTMENT AT NOVA PLACE. TESSERACT SOLUTIONS, A FRANCE-BASED SOFTWARE DEVELOPMENT COMPANY ESTABLISHING ITS U.S. HEADQUARTERS, KMELEON, INC., IN PITTSBURGH'S LAWRENCEVILLE NEIGHBORHOOD. THE TECHNOLOGY PROVIDES MAJOR ROBOT SUPPLIERS WITH A SIMPLE, UNIVERSAL LANGUAGE TO PROGRAM ROBOTS.ADDITIVE AND ADVANCED MANUFACTURING, DISTRIBUTION AND ENERGY. EFFORTS RESULTED IN:THE OPENING OF SHELL POLYMERS MONACA (SPM), THE FIRST MAJOR POLYETHYLENE MANUFACTURING COMPLEX IN THE NORTHEASTERN UNITED STATES. THE RIBBON CUTTING FOR THE MULTIBILLION-DOLLAR FACILITY CAPPED A DECADE OF WORK BY THE ALLEGHENY CONFERENCE AND AFFILIATES TO RAISE GLOBAL AWARENESS OF THE OPPORTUNITY IN THE MARCELLUS SHALE AND TO WORK DIRECTLY WITH SHELL AND OTHER GLOBAL PETROCHEMICAL COMPANIES TO ENCOURAGE INVESTMENT. THE FACILITY IS POSITIONED TO BECOME A CRUCIAL ANCHOR FOR THE DEVELOPMENT OF CARBON CAPTURE AND HYDROGEN SOLUTIONS CRITICAL TO ACHIEVING A LOW-CARBON, INDUSTRIAL FUTURE FOR THE PITTSBURGH REGION AND THE NATION.NEXTRACKER LLC, THE GLOBAL MARKET LEADER IN UTILITY-SCALE SOLAR TRACKERS, AND BCI STEEL, A PITTSBURGH-BASED STEEL FABRICATOR, REOPENING THE HISTORIC BETHLEHEM STEEL MANUFACTURING FACTORY IN LEETSDALE TO PRODUCE SOLAR TRACKER EQUIPMENT FOR LARGE-SCALE SOLAR POWER PLANTS IN PENNSYLVANIA, INDIANA, NEW YORK AND OHIO.IN 2022, THANKS IN LARGE PART TO THE SUPPORT WE RECEIVED FROM THE COMMONWEALTH OF PENNSYLVANIA IN THE FORM OF A $2 MILLION GRANT THAT SUPPLEMENTS THE IMPORTANT SUPPORT FROM OUR REGIONAL INVESTORS, WE INCREASED INVESTMENT IN MARKETING TO RAISE AWARENESS OF THE PITTSBURGH REGION WITH A BUSINESS INVESTMENT AUDIENCE. AMPLIFIED MARKETING EFFORTS ACROSS CHANNELS RESULTED IN A: 65% INCREASE IN WEBSITE USERS 65% INCREASE IN LINKEDIN FOLLOWERS 48% INCREASE IN EARNED MEDIA REACHA SPECIAL PAID CAMPAIGN WITH THE WALL STREET JOURNAL RESULTED IN 3.9 MILLION IMPRESSIONS. A SIMILAR CAMPAIGN WITH FORTUNE MAGAZINE TOOK OUR REGIONAL MESSAGE TO 10,000 C-SUITE DECISION MAKERS IN EIGHT TARGET U.S. MARKETS.
Expenses $4,891,794 · Grants $2,530,600 · Revenue $1,340,552
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WE GALVANIZED INCLUSIVE REGIONAL ENGAGEMENT TO ENHANCE VITALITY FOR ALL:WE IMPLEMENTED AND BEGAN TO SOCIALIZE THE INCLUSIVE GROWTH PRINCIPLES, WHICH FOCUS ON EMPLOYMENT, BUSINESS GROWTH AND COMMUNITY WEALTH, INCLUDING THE LAUNCH OF THE FIRST FIVE OF A SERIES OF INCLUSIVE GROWTH ROUNDTABLES FOR ALLEGHENY CONFERENCE REGIONAL INVESTORS AND PARTNERS. THE ROUNDTABLES WERE USED TO RAISE THE ISSUES OF INCLUSIVE GROWTH WITH 25% OF THE CONFERENCE'S REGIONAL INVESTOR COUNCIL, WHOSE ORGANIZATIONS DIRECTLY PARTICIPATED IN ONE OR MORE OF THE SESSIONS.(CONTINUED ON SCH 0)WE HELPED TO DELIVER $2.5 MILLION OF NEIGHBORHOOD PARTNERSHIP PROGRAM INVESTMENT IN OUR 16 STRENGTHENING COMMUNITIES PARTNERSHIP COMMUNITIES. THIS FUNDING SUPPORTS COMMUNITY DEVELOPMENT FROM JOB CREATION TO MAIN STREET VITALITY AND MORE.WE ADVANCED MINORITY ENTREPRENEURSHIP AND COMMUNITY DEVELOPMENT AS A SPONSORING ENTITY FOR THE BLACK ECONOMIC ADVANCEMENT MOBILITY (BEAM) COLLABORATIVE. BEAM, WHICH IS UP AND RUNNING, IDENTIFIES PROMISING MINORITY-OWNED BUSINESSES WITH THE POTENTIAL TO SCALE, SUPPORTS THEM IN BUILDING CAPACITY AND CONNECTS THEM WITH POTENTIAL CUSTOMERS. BEAM IS OPERATING UNDER ITS OWN 501(C)(3) IN 2023.THE STRATEGIC INVESTMENT FUND DEVELOPED A NEW STRATEGIC FOCUS FOR FUTURE-LOOKING INVESTMENT OPPORTUNITIES AND IS AIMING TO EXTEND THE PURPOSE OF THE FUND THROUGH RECAPITALIZATION. THE FUND WOULD CONTINUE ITS FOCUS ON ECONOMIC DEVELOPMENT AND JOB CREATION WITH AN ADDED EMPHASIS ON STRENGTHENING PITTSBURGH'S DOWNTOWN AS THE CORE OF THE SOUTHWESTERN PENNSYLVANIA REGION AND ECONOMY.THE 2022 PITTSBURGH PASSPORT* KICKED OFF ITS FOURTH 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.IN TOTAL, THE PROGRAM HAS REACHED MORE THAN 6,000 COLLEGE STUDENTS FROM 39 STATES AND 41 COUNTRIES VIA A HYBRID PLATFORM OF IN-PERSON AND VIRTUAL EVENTS. OF THE STUDENTS REACHED, 40% WERE FROM DIVERSE BACKGROUNDS. THE PROGRAM IS TO BECOME A SIGNIFICANT ELEMENT OF AN INTENSIFIED AND COMPREHENSIVE APPROACH TO RETAINING AND ATTRACTING MORE TALENT TO THE REGION BY ENGAGING THEM WITH EMPLOYERS, ARTS AND RECREATION OPPORTUNITIES AND OTHER KEY STAKEHOLDERS THROUGH A NEW REGIONAL TALENT COLLABORATIVE CONVENED BY THE ALLEGHENY CONFERENCE FOR LAUNCH IN 2023.*PITTSBURGH PASSPORT IS A PROGRAM OF THE ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT AND NOT AFFILIATED WITH PASSPORT TO PITTSBURGH, LLC.
Expenses $2,298,279 · Grants $1,318,800 · Revenue $375,989
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WE WORKED TO UNLOCK THE REGION'S POTENTIAL BY IMPROVING COMPETITIVENESS, REMOVING POLICY BARRIERS AND SECURING TRANSFORMATIVE PUBLIC SECTOR INVESTMENT:WE BUILT OUT KEY CLUSTERS IN ROBOTICS AND AUTONOMY AND ENERGY TO CREATE JOBS:(CONTINUED ON SCH O)ROBOTICS AND AUTONOMY:AS PART OF THE SOUTHWESTERN PENNSYLVANIA NEW ECONOMY COLLABORATIVE, WE WERE INSTRUMENTAL IN SOUTHWESTERN PENNSYLVANIA RECEIVING A $62.7M FEDERAL GRANT TO BUILD THE ROBOTICS AND AUTONOMY CLUSTER WITH A FOCUS ON GROWING OPPORTUNITY FOR ALL PEOPLE AND PLACES IN THE 11-COUNTY REGION.THE SOUTHWESTERN PENNSYLVANIA REGION WAS ONE OF ONLY 21 APPLICANTS TO RECEIVE GRANT FUNDING, CHOSEN FROM THE 60 FINALISTS INVOLVED IN PHASE 2 OF THE BUILD BACK BETTER REGIONAL CHALLENGE (BBBRC). THE FEDERAL GRANT, THE FIRST IN THE CONFERENCE'S HISTORY, WAS ONE OF ONLY THREE BBBRC AWARDS FEATURED IN THE BIDEN ADMINISTRATION'S PRESS ANNOUNCEMENT AND WAS RECOGNIZED BY THE BROOKINGS INSTITUTION AS BEING AMONG THE "MOST EQUITABLE" PROPOSALS, TAKING AN ESTABLISHED CLUSTER AND CONNECTING IT TO MORE RURAL REGIONS THAT ARE OFTEN LEFT OUT OF SUCH INITIATIVES. PARTNERS ACROSS LABOR, EDUCATIONAL INSTITUTIONS, WORKFORCE AND ECONOMIC DEVELOPMENT COLLEAGUES, BUSINESSES AND MORE CAME TOGETHER OVER THE COURSE OF A YEAR TO DEVELOP THE REGION'S APPROACH. DURING THE APPLICATION PROCESS, THE COLLABORATIVE CONVENED A COALITION OF MORE THAN 90 PUBLIC AND PRIVATE ORGANIZATIONS ACROSS THE 11-COUNTY FOOTPRINT.WITH THE FUNDING, THE COLLABORATIVE WILL CREATE: A NEW SYSTEM FOR COMPANIES TO UPGRADE SYSTEMS AND ADOPT ROBOTICS TECHNOLOGY; A MANUFACTURING HUB AND A NETWORK FOR REGIONAL MAKERSPACES FOR SMALL AND MEDIUM-SIZED COMPANIES TO TEST NEW TECHNOLOGY SOLUTIONS; A ROBOTICS STARTUP FACTORY; A FELLOWSHIP PROGRAM AND TRAINING PROGRAM FOR TRADITIONALLY UNDERREPRESENTED ENTREPRENEURS; AND AN EDUCATION AND TRAINING SYSTEM FROM APPRENTICESHIP TO CERTIFICATES THROUGH FOUR-YEAR DEGREES.ENERGY:TO FINALIZE AND IMPLEMENT A FRAMEWORK FOR THE PITTSBURGH REGION'S TRANSITION TO A DIVERSE, LOW-CARBON ENERGY FUTURE, WE RELEASED "OUR REGION'S ENERGY FUTURE." THE REPORT WAS DEVELOPED BY A 25-PLUS MEMBER ALLEGHENY CONFERENCE ENERGY TASK FORCE WHOSE MEMBERS REPRESENT SOUTHWESTERN PENNSYLVANIA'S PUBLIC AND PRIVATE SECTORS, AS WELL AS ACADEMIA AND PHILANTHROPY. THE TASK FORCE PROVIDED RESEARCH-GROUNDED INSIGHTS TO SUPPORT A REGIONAL STRATEGY TO ACCELERATE DECARBONIZATION WHILE DRIVING INVESTMENT, EMPLOYMENT AND INCLUSIVE GROWTH. IN ADDITION TO IDENTIFYING SIX DECARBONIZATION "LEVERS" TO ACHIEVE THE LONG-TERM GOAL, THE REPORT LAID THE GROUNDWORK FOR THE FORMATION OF TWO BOARD-LED WORKING GROUPS, ONE FOCUSED ON LOW-CARBON ELECTRICITY, AND THE OTHER ON HYDROGEN AND CARBON CAPTURE TECHNOLOGIES.FOLLOWING ISSUANCE OF THE REPORT, WE CONVENED STAKEHOLDERS TO DEVELOP DETAILED PLANS AND MOVE THEM FORWARD. EARLY OUTREACH INCLUDED A MANUFACTURING SUMMIT CONVENED IN PARTNERSHIP WITH THE TEAM PENNSYLVANIA FOUNDATION. AT THE EVENT, PENNSYLVANIA GOVERNOR TOM WOLF MADE A HISTORIC ANNOUNCEMENT OF PENNSYLVANIA'S INTENT TO LEAD IN THE DEVELOPMENT OF CLEAN HYDROGEN AND ENSURE THAT ENERGY-RELATED FEDERAL FUNDING IS DIRECTED TOWARD PROJECTS IN OUR REGION AND STATE. THIS ANNOUNCEMENT WAS CRITICAL TO ADVANCING THE LONG-TERM ENERGY STRATEGY.IN COLLABORATION WITH THE PENNSYLVANIA ENVIRONMENTAL COUNCIL AND OTHER PARTNERS, WE LAUNCHED THE SOUTHWEST PENNSYLVANIA DECARBONIZATION FORUM TO BRING TOGETHER LEADERS FROM GOVERNMENT, INDUSTRY, ACADEMIA, NONGOVERNMENTAL AND COMMUNITY ORGANIZATIONS TO SEIZE THE OPPORTUNITIES OF A LOW-CARBON ECONOMY WHILE ALSO FINDING SOLUTIONS TO SPECIFIC CHALLENGES ALONG THE WAY.WE FORMED A REGIONAL COALITION REPRESENTING LABOR, ENVIRONMENT, ACADEMIA, WORKFORCE, ENERGY TRANSITION AND ECONOMIC DEVELOPMENT ORGANIZATIONS TO SUPPORT THE REGION'S PURSUIT OF FEDERAL FUNDING OPPORTUNITIES AND DEVELOPMENT OF COMMUNITY BENEFIT PLANS. UNDER THE LEADERSHIP OF CARNEGIE MELLON UNIVERSITY, THE ALLEGHENY CONFERENCE PARTNERED WITH ALLEGHENY COUNTY AND THE CITY OF PITTSBURGH TO CO-CHAIR THE LOCAL HOST COMMITTEE FOR THE GLOBAL CLEAN ENERGY ACTION FORUM ORGANIZED BY THE U.S. DEPARTMENT OF ENERGY, WHICH BROUGHT MORE THAN 6,000 VISITORS FROM 32 COUNTRIES TO PITTSBURGH FOR A GLOBAL CONVERSATION ABOUT THE FUTURE OF ENERGY. IN CHOOSING PITTSBURGH, U.S. ENERGY SECRETARY JENNIFER GRANHOLM NOTED THAT PITTSBURGH IS "A TOWN THAT EXEMPLIFIES HOW A LEGACY OF ENERGY- AND INDUSTRIAL-DEPENDENT ECONOMY CAN BE TRANSFORMED INTO A TECHNOLOGY AND INNOVATION POWERHOUSE." EARNED MEDIA COVERAGE OF THE EVENT TOTALED 83 PIECES OF COVERAGE (PRINT, BROADCAST AND DIGITAL) WITH A REACH OF APPROXIMATELY 388 MILLION.THROUGH OUR ADVOCACY EFFORTS, WE DELIVERED ON SEVERAL PRIORITIES IN 2022. THESE INCLUDED:ACHIEVING A LONGSTANDING GOAL OF AN IMMEDIATE REDUCTION OF THE CORPORATE NET INCOME (CNI) TAX. THE MEASURE REDUCED PENNSYLVANIA'S 9.99% CNI IMMEDIATELY TO 8.9% AND CONTINUES TO LOWER THE RATE OVER TIME UNTIL IT IS CUT IN HALF TO 4.9%, REMOVING A FLASHING RED LIGHT DISCOURAGING BUSINESS INVESTMENT. STUDIES HAVE SHOWN THAT A DECREASE IN THE CNI TAX RATE WILL INCREASE GDP, BOOST WAGES, INCREASE HOME VALUES, CREATE FAMILY-SUSTAINING JOBS AND ATTRACT AND RETAIN EMPLOYERS AND TALENT. IT SERVES AS A SIGNAL TO FIRMS AND COMPANIES BOTH INSIDE AND OUTSIDE OF PENNSYLVANIA THAT THE COMMONWEALTH IS OPEN FOR BUSINESS.PASSING THE PENNSYLVANIA ECONOMIC DEVELOPMENT FOR A GROWING ECONOMY (PA EDGE) TAX CREDIT PROGRAM CREATING FOUR DISTINCT TAX CREDIT PROGRAMS ACROSS THE STATE. THESE INCLUDE A REGIONAL CLEAN HYDROGEN HUB TAX CREDIT (REGIONAL CLEAN HYDROGEN HUB MEANS A NETWORK OF CLEAN HYDROGEN PRODUCERS, POTENTIAL CLEAN HYDROGEN CONSUMERS AND CONNECTIVE INFRASTRUCTURE LOCATED IN PROXIMITY) AND A SEMI-CONDUCTOR MANUFACTURING, BIOMEDICAL MANUFACTURING AND RESEARCH TAX CREDIT. THE LEGISLATION REQUIRES ELIGIBLE HYDROGEN HUB PROJECTS TO CREATE AT LEAST 1,200 PERMANENT AND NEW JOBS, WHILE ELIGIBLE BIO-MEDICAL AND SEMICONDUCTOR PROJECTS MUST CREATE AT LEAST 800 PERMANENT JOBS, ULTIMATELY BOLSTERING OUR REGIONAL EMPLOYMENT OPPORTUNITIES. SUPPORTING A STATE AUTONOMOUS VEHICLE REGULATORY FRAMEWORK THAT CREATED THE APPROPRIATE REGULATORY FRAMEWORK IN PENNSYLVANIA TO SUPPORT THE GROWTH OF THE AUTONOMOUS VEHICLE INDUSTRY. THIS FRAMEWORK BUILDS ON THE PITTSBURGH REGION'S GLOBAL LEADERSHIP AND SUPPORTS THE BUILD BACK BETTER REGIONAL CHALLENGE STRATEGY TO CREATE A REGIONAL ECOSYSTEM FOR ROBOTICS AND AUTONOMY. SUCCESSFULLY ADVOCATING FOR AND HELPING TO SECURE MORE THAN $1 BILLION IN FEDERAL AND STATE INFRASTRUCTURE INVESTMENT FOR REGIONAL PROJECTS, INCLUDING BUT NOT LIMITED TO: $857 MILLION, MONTGOMERY LOCKS AND DAMS $77 MILLION, EMSWORTH LOCK AND DAM $11.3 MILLION, HILL DISTRICT CENTER AVENUE RECONSTRUCTION $565,000, EAST BUSWAY EXPANSION PLANNING GRANTWE DEFINED AND UNVEILED A STRATEGY TO REVITALIZE DOWNTOWN PITTSBURGH IN PARTNERSHIP WITH THE PITTSBURGH DOWNTOWN PARTNERSHIP (PDP).WITH THE PDP, WE DEVELOPED A DOWNTOWN PITTSBURGH REVITALIZATION PLAN TO RESPOND TO THE DETERIORATION OF THE COMMERCIAL OFFICE MARKET AND QUALITY OF PLACE FOR THE CENTRAL BUSINESS DISTRICT BECAUSE OF THE COVID-19 PANDEMIC AND ECONOMIC TRENDS THAT PRE-DATED THE PANDEMIC. THE URBAN REDEVELOPMENT AUTHORITY BOARD AGREED TO CONTRIBUTE $3 MILLION TO A DOWNTOWN CONVERSION FUND, AND THE DEPARTMENT OF CITY PLANNING HAD PROPOSED ZONING CHANGES THAT WOULD STREAMLINE CONVERSION. TO IMPROVE THE PEDESTRIAN EXPERIENCE OF DOWNTOWN, THE CONFERENCE SUPPORTED THE PITTSBURGH DOWNTOWN PARTNERSHIP IN ITS EFFORT TO RAISE $5 MILLION OVER FIVE YEARS FROM CORPORATE AND PHILANTHROPIC SOURCES TO PROVIDE A UNIFORMED BUT NON-LAW ENFORCEMENT AMBASSADOR PROGRAM TO SUPPORT WAYFINDING, VISITOR SUPPORT, CONFLICT RESOLUTION AND MORE.
Expenses $1,801,328 · Grants $307,473 · Revenue $499,311
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OTHER ANCILLARY PROGRAM SERVICES.
Expenses $338,041 · Grants $120,742 · Revenue $113,442
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
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Stefani PashmanSTEFANI PASHMAN
CEO
- Total calculated
- $586,005
- From this org
- $553,506
- From related orgs
- $0
- Other
- $32,499
- Hours/week
- 22 + 19 related
Schedule J breakdown matched by us
- Base
- $431,269
- Bonus
- $120,943
- Other
- $1,294
- Deferred
- $16,721
- Nontaxable benefits
- $15,778
- Filer's total
- $586,005
-
Laura KaretLAURA KARET
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
David L HolmbergDAVID L HOLMBERG
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Leroy M Ball JrLEROY M BALL JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin WalkerKEVIN WALKER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
William S DemchakWILLIAM S DEMCHAK
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Will AllenWILL ALLEN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John A BarbourJOHN A BARBOUR
(EXIT 1/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Walter R BashawWALTER R BASHAW
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric BoughnerERIC BOUGHNER
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeff BroadhurstJEFF BROADHURST
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Quintin B Bullock DDSQUINTIN B BULLOCK DDS
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Helen Hanna CaseyHELEN HANNA CASEY
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Leslie C DavisLESLIE C DAVIS
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Vincent J Delie JrVINCENT J DELIE JR
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
J Christopher DonahueJ CHRISTOPHER DONAHUE
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John J EngelJOHN J ENGEL
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen Wolk FeinsteinKAREN WOLK FEINSTEIN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Daniel K FitzpatrickDANIEL K FITZPATRICK
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly Tillotson FlemingKIMBERLY TILLOTSON FLEMING
AT LARGE MEMBER (EXIT 12/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher FranklinCHRISTOPHER FRANKLIN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Patrick D GallagherPATRICK D GALLAGHER
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kenneth G GormleyKENNETH G GORMLEY
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steven J GuySTEVEN J GUY
AT LARGE MEMBER (EXIT 8/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Severin HackerSEVERIN HACKER
AT LARGE MEMBER (EXIT 8/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Charles L Hammel IIICHARLES L HAMMEL III
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen HanlonKAREN HANLON
AT LARGE MEMBER (ENTER 5/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Jason E HazlewoodJASON E HAZLEWOOD
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Diane P HolderDIANE P HOLDER
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher B HowardCHRISTOPHER B HOWARD
AT LARGE MEMBER (EXIT 2/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Farnam JahanianFARNAM JAHANIAN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Haakan JonssonHAAKAN JONSSON
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Rebekah Byers KcehowskiREBEKAH BYERS KCEHOWSKI
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Ronald C KeatingRONALD C KEATING
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark R KempicMARK R KEMPIC
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David J MaloneDAVID J MALONE
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher MartinCHRISTOPHER MARTIN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael H McGarryMICHAEL H MCGARRY
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
James McQuadeJAMES MCQUADE
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Hilary MercerHILARY MERCER
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
David J MorehouseDAVID J MOREHOUSE
AT LARGE MEMBER (EXIT 4/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Grant OliphantGRANT OLIPHANT
AT LARGE MEMBER (EXIT 1/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Antonis PapadourakisANTONIS PAPADOURAKIS
AT LARGE MEMBER (EXIT 12/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Sam ReimanSAM REIMAN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
James H RockJAMES H ROCK
AT LARGE MEMBER (EXIT 9/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
David K RogerDAVID K ROGER
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Christopher RossiCHRISTOPHER ROSSI
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Bryan SaleskyBRYAN SALESKY
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Rafael Ottoni SantanaRAFAEL OTTONI SANTANA
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve R SchottSTEVE R SCHOTT
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Lisa M SchroederLISA M SCHROEDER
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
James SegerdahlJAMES SEGERDAHL
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Venkee SharmaVENKEE SHARMA
AT LARGE MEMBER (EXIT 12/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Susan Baker ShipleySUSAN BAKER SHIPLEY
AT LARGE MEMBER (EXIT 12/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
William E Strickland JrWILLIAM E STRICKLAND JR
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Jamie S TuiteJAMIE S TUITE
AT LARGE MEMEBER (ENTER 1/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Nishan J VartanianNISHAN J VARTANIAN
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Lara WashingtonLARA WASHINGTON
AT LARGE MEMBER (EXIT 12/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert S WetherbeeROBERT S WETHERBEE
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Janel SkelleyJANEL SKELLEY
CFO
- Total calculated
- $270,489
- From this org
- $238,973
- From related orgs
- $0
- Other
- $31,516
- Hours/week
- 35 + 8 related
Schedule J breakdown matched by us
- Base
- $207,397
- Bonus
- $30,732
- Other
- $844
- Deferred
- $16,440
- Nontaxable benefits
- $15,076
- Filer's total
- $270,489
-
William FlanaganWILLIAM FLANAGAN
CHIEF CORP RELATIONS OFFICER
- Total calculated
- $284,584
- From this org
- $240,399
- From related orgs
- $0
- Other
- $44,185
- Hours/week
- 32 + 12 related
Schedule J breakdown matched by us
- Base
- $193,949
- Bonus
- $39,306
- Other
- $7,144
- Deferred
- $14,972
- Nontaxable benefits
- $29,213
- Filer's total
- $284,584
-
Mark ThomasMARK THOMAS
PRESIDENT, PRA
- Total calculated
- $309,997
- From this org
- $282,856
- From related orgs
- $0
- Other
- $27,141
- Hours/week
- 3 + 32 related
Schedule J breakdown matched by us
- Base
- $242,168
- Bonus
- $40,170
- Other
- $518
- Deferred
- $13,503
- Nontaxable benefits
- $13,638
- Filer's total
- $309,997
-
Matt SmithMATT SMITH
CHIEF GROWTH OFFICER
- Total calculated
- $340,251
- From this org
- $314,784
- From related orgs
- $0
- Other
- $25,467
- Hours/week
- 10 + 35 related
Schedule J breakdown matched by us
- Base
- $273,320
- Bonus
- $40,170
- Other
- $1,294
- Deferred
- $18,349
- Nontaxable benefits
- $7,118
- Filer's total
- $340,251
-
Vera KrekanovaVERA KREKANOVA
CHIEF STRATEGY OFFICER
- Total calculated
- $218,604
- From this org
- $196,232
- From related orgs
- $0
- Other
- $22,372
- Hours/week
- 14 + 26 related
Schedule J breakdown matched by us
- Base
- $164,964
- Bonus
- $30,450
- Other
- $818
- Deferred
- $9,327
- Nontaxable benefits
- $13,045
- Filer's total
- $218,604
-
Cecelia CagniCECELIA CAGNI
CHIEF MARKTG & COMM OFFICER
- Total calculated
- $212,285
- From this org
- $187,671
- From related orgs
- $0
- Other
- $24,614
- Hours/week
- 24 + 26 related
Schedule J breakdown matched by us
- Base
- $160,085
- Bonus
- $26,775
- Other
- $811
- Deferred
- $11,125
- Nontaxable benefits
- $13,489
- Filer's total
- $212,285
-
Majestic LaneMAJESTIC LANE
CHEIF EQUITY OFFICER
- Total calculated
- $146,809
- From this org
- $131,500
- From related orgs
- $0
- Other
- $15,309
- Hours/week
- 11 + 27 related
-
Patricia HorvatichPATRICIA HORVATICH
VICE PRESIDENT
- Total calculated
- $168,822
- From this org
- $136,509
- From related orgs
- $0
- Other
- $32,313
- Hours/week
- 2 + 55 related
Schedule J breakdown matched by us
- Base
- $126,498
- Bonus
- $4,500
- Other
- $5,511
- Deferred
- $8,231
- Nontaxable benefits
- $24,082
- Filer's total
- $168,822
-
Karen AdkinsKAREN ADKINS
VICE PRESIDENT
- Total calculated
- $149,986
- From this org
- $130,518
- From related orgs
- $0
- Other
- $19,468
- Hours/week
- 43
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- ACCD CURRENTLY PAYS FOR THE QUARTERLY DUES OF THE CEO, CHIEF CORPORATE RELATIONS OFFICER AND PRESIDENT OF GPCC WHO BELONG TO A BUSINESS CLUB. THE BUSINESS CLUB HAS BEEN IDENTIFIED BY THE BOARD AS HAVING MEMBERS YIELDING TREMENDOUS IMPACT ON THE CITY, REGION, COUNTRY, AND EVEN THE WORLD. A VAST MAJORITY OF THE BOARD MEMBERS ARE MEMBERS OF THIS BUSINESS CLUB AND ARE CONSIDERED LEADERS OF THE BUSINESS COMMUNITY. THE PRIMARY PURPOSE OF HAVING THIS MEMBERSHIP IS TO CONDUCT BOARD MEETINGS AND OTHER BUSINESS MEETINGS, SPECIFICALLY TO ADVANCE THE AGENDA OF ACCD. THE INITIATION FEES TO BELONG TO THIS BUSINESS CLUB WERE PAID BY ACCD AS ARE THE QUARTERLY DUES. IF A BUSINESS PURPOSE IS NOT SUBSTANTIATED BY THE EMPLOYEE UPON RECEIPT OF THE INVOICE, THE EMPLOYEE WILL PAY THE PERSONAL PORTION DIRECTLY TO THE BUSINESS CLUB OR WILL SUBMIT A PERSONAL CHECK TO ACCD. ALL EXPENSES ARE REVIEWED BY THE ACCOUNTING GROUP PRIOR TO PAYMENT. ONLY THE CEO AND SELECT SENIOR LEADERSHIP ARE ELIGIBLE FOR BUSINESS MEMBERSHIPS.
- PART I, LINE 7
- THE INCENTIVE PROGRAM IS A COMPLEMENTARY COMPONENT OF THE ORGANIZATION'S ANNUAL PERFORMANCE MANAGEMENT PROGRAM WHERE PAYOUTS ARE BASED ON THE WEIGHTED RESULTS OF THE EMPLOYEE'S ANNUAL PERFORMANCE ON THE THREE KEY PERFORMANCE ELEMENTS (10% - ORGANIZATIONAL BEHAVIORS , 20% - EMPLOYEE COMPETENCIES, AND 70% GOALS). THE NUMBERS ARE MAPPED AGAINST AN APPROVED INCENTIVE AWARD RANGE MATRIX WHICH PROVIDES PAYOUT RANGES. THE INCENTIVE PAYOUT IS THEN TAKEN TO THE INDEPENDENT PERSONNEL AND COMPENSATION COMMITTEE AND EXECUTIVE COMMITTEE FOR APPROVAL.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$1,902,476
OPERATING SUPPORT
-
PA ECONOMY LEAGUE OF GREATER PITTSBURGH
$1,030,498
OPERATING SUPPORT
-
$831,934
PROJECT SUPPORT
-
PROGRAM SUPPORT
-
$38,592
PROGRAM SUPPORT
-
PROJECT SUPPORT
-
PROGRAM SUPPORT
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.
-
PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH
501(C)(3) · RESEARCH AND ANALYSIS · PA · controlled entity
Directly controlled by ACCD
-
501(C)(3) · PROMOTION OF THE REGION · PA · controlled entity
Directly controlled by ACCD
-
GREATER PITTSBURGH CHAMBER OF COMMERCE
501(C)(6) · ADVOCACY · PA · controlled entity
Directly controlled by ACCD
-
GREATER PITTSBURGH CHAMBER OF COMMERCE POLITICAL ACTION COMM
527 · POLITICAL ACTION COMMITTEE · PA
Directly controlled by GREATER PITTSBURGH C OF C
-
501(C)(4) · ECONOMIC INVESTMENT · PA
Directly controlled by ACCD
-
501(C)(4) · PROMOTE REGIONAL RESPONSIBLE GROWTH · PA
Directly controlled by GREATER PITTSBURGH C OF C
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
SWPA NEW ECONOMY COLLABORATIVE (PREVIOUSLY PGHQ2)
PROMOTION OF THE REGION · PA · income $500,000 · assets $314,952
Directly controlled by ACCD
-
SWPA INFRASTRUCTURE COOPERATIVE LLC
PROMOTION OF ECONOMIC DEVELOPMENT IN REGION · PA · income $0 · assets $0
Directly controlled by ACCD
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
STRATEGIC INVESTMENT FUND PARTNERS
RELATED · PRIVATE SECTOR FINANCING · PA · 0.74% owned · share of income -$1,650 · share of assets $405,793
-
POWER OF 32 SITE DEVELOPMENT FUND LLC
RELATED · PRIVATE SECTOR FINANCING · PA · 50% owned · share of income $7,979 · share of assets $88,763
-
POWER OF 32 SITE DEVELOPMENT FUND LP
RELATED · PRIVATE SECTOR FINANCING · PA · 3.8% owned · share of income $3,353 · share of assets $1,519,828
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 8 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333189349305788
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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