BRIDGEWAY CAPITAL INC

As filed

Subsection

03

NTEE code

S400

Classification

1000

Street

310 GRANT ST STE 2800

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

This address is a suite or unit (STE 2800). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• BRIDGEWAY DEVELOPMENT CORPORATION

  EIN 80-0842724

Mission and programs · 2024

• LENDING BY BRIDGEWAY CAPITAL BENEFITED LOW INCOME PEOPLE AND ASSISTED IN THE FORMATION AND GROWTH OF SMALL BUSINESSES AND NONPROFIT ORGANIZATIONS IN LOW TO MODERATE INCOME COMMUNITIES ACROSS 15 COUNTIES IN WESTERN PENNSYLVANIA AND PARTS OF NORTHERN WEST VIRGINIA AND EASTERN OHIO. 68 BORROWERS RECEIVED LOANS TOTALING $22 MILLION, WHICH LEVERAGED $39 MILLION IN ADDITIONAL CAPITAL. BORROWERS RANGED FROM ENTREPRENEURS STARTING THEIR FIRST BUSINESS TO ESTABLISHED BUSINESSES EXPANDING OPERATIONS AND DEVELOPING THEIR JOB BASE, TO NONPROFITS PROVIDING CRITICAL SOCIAL SERVICES AND ORGANIZATIONS FOCUSED ON REVITALIZING DISTRESSED COMMUNITIES. THE ECONOMIC IMPACT OF THIS LENDING IS PROJECTED TO HELP CREATE OR RETAIN 555 JOBS.

  Expenses $7,888,248 · Grants $166,135 · Revenue $5,386,240

• BRIDGEWAY CAPITAL'S PROGRAMS TEAM LEADS A NUMBER OF EFFORTS THAT SERVE A WIDE RANGE OF SMALL BUSINESSES AND NONPROFIT ORGANIZATIONS. IN FY25, BRIDGEWAY PROVIDED SUPPORT TO 360 CLIENTS. THE ASSISTANCE CAME PRIMARILY IN THE FORM OF ONE ON ONE AND COHORT BASED SERVICES. FOR EXAMPLE, BRIDGEWAY EXECUTED A WIDE RANGE OF COHORTS FOR VARIED EMERGING AND ESTABLISHED BUSINESSES, CONSISTING OF 14 TOTAL COHORTS IN SEVEN LOCATIONS IN OHIO, WEST VIRGINIA, AND PENNSYLVANIA. INCLUDED AMONG THEM, THE ALLIANCE FOR CREATIVE RURAL ECONOMIES (ACRE) COHORTS SERVED GROUPS OF CREATIVE ENTREPRENEURS FROM STATE COLLEGE, OIL CITY, AND UNIONTOWN, WHILE THE BUSINESS GROWTH ACCELERATOR SUPPORTED GROUPS IN OHIO'S MAHONING VALLEY. NWPAMADE WAS LAUNCHED IN PARTNERSHIP WITH PENNWEST EDINBORO'S BEEHIVE NETWORK TO SUPPORT MAKER ENTREPRENEURS IN ERIE AND CRAWFORD COUNTIES, WHILE BRIDGEWAY'S MONMADE PROGRAM SUPPORTED CREATIVES IN THE GREATER PITTSBURGH AREA.

  Expenses $1,344,036 · Revenue $8,547

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $14,120,469

  Expenses

  $11,400,337

  Contributions

  $7,435,894

  Grants paid

  $166,135

• 2023

  Revenue

  $17,475,898

  Expenses

  $10,916,759

  Contributions

  $11,085,932

  Grants paid

  $267,156

• 2022

  Revenue

  $17,987,424

  Expenses

  $9,292,096

  Contributions

  $12,482,342

  Grants paid

  $430,980

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $11,446,748

  Expenses

  $7,480,982

  Assets (EOY)

  $100,800,088

• 2020 · 990

  Revenue

  $9,638,087

  Expenses

  $6,506,910

  Assets (EOY)

  $108,888,498

• 2019 · 990

  Revenue

  $13,867,537

  Expenses

  $8,716,664

  Assets (EOY)

  $108,897,508

• 2018 · 990

  Revenue

  $10,365,217

  Expenses

  $8,219,790

  Assets (EOY)

  $98,807,246

• 2017 · 990

  Revenue

  $9,621,729

  Expenses

  $7,167,310

  Assets (EOY)

  $95,261,116

• 2016 · 990

  Revenue

  $8,498,341

  Expenses

  $6,992,470

  Assets (EOY)

  $86,558,726

• 2015 · 990

  Revenue

  $14,274,694

  Expenses

  $6,085,366

  Assets (EOY)

  $75,850,204

• 2014 · 990

  Revenue

  $8,828,994

  Expenses

  $5,699,301

  Assets (EOY)

  $61,038,587

• 2013 · 990

  Revenue

  $9,839,799

  Expenses

  $5,760,573

  Assets (EOY)

  $54,490,742

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $4,471,754

  Assets (EOY)

  $46,716,377

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• HAZELWOOD INITIATIVE INC

  $76,000

  2022 · REAL ESTATE PRE-DEVELOPMENT

• SALEM'S MARKET CENTRE AVE LLC

  $50,000

  2022 · REAL ESTATE PRE-DEVELOPMENT

• NORTH SIDE PARTNERSHIP PROJECT

  $45,000

  2022 · REAL ESTATE PRE-DEVELOPMENT

• AMANI CHRISTIAN COMMUNITY DEVELOPMENT CORPORATION

  $40,000

  2022 · REAL ESTATE PRE-DEVELOPMENT

• THE CITIZENS SCIENCE LAB

  $40,000

  2022 · REAL ESTATE PRE-DEVELOPMENT

• CHARLES STREET AREA CORP

  $40,000

  2022 · REAL ESTATE PRE-DEVELOPMENT

• RISING TIDE PARTNERS

  $40,000

  2024 · AFFORDABLE HOUSING/COMMUNITY DEVELOPMENT

• YOUNG BLACK MOTIVATED KINGS & QUEENS

  $40,000

  2023 · REAL ESTATE PRE-DEVELOPMENT

• MILLVALE BOROUGH DEVELOPMENT CORP

  $40,000

  2023 · REAL ESTATE PRE-DEVELOPMENT

• GRINTEL CAPITAL LLC

  $40,000

  2023 · REAL ESTATE PRE-DEVELOPMENT

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

• NATIONAL PHILANTHROPIC TR

  $8,000,000

  2024 · PUBLIC, SOCIETAL BENEFIT

• PENNSYLVANIA MICROENTERPRISE COALITION

  $4,025,406

  2022 · TECH ASSIST SSBCI

• PENNSYLVANIA MICROENTERPRISE COALITION

  $408,175

  2023 · 250,000 TECHNICAL A

• PENNSYLVANIA MICROENTERPRISE COALITION

  $329,520

  2024 · T/A & LOAN CAP ALLOC

• OPPORTUNITY FINANCE NETWORK

  $250,000

  2022 · OFN CDFI TECH GRANT PROGRAM SUPPORTED BY GOOGLE.ORG

• ERIE COMMUNITY FOUNDATION

  $50,000

  2023 · VARIOUS PROJECTS

• COMMUNITY FOUNDATION FOR THE OHIO VALLEY INC

  $10,000

  2022 · COMMUNITY DEVELOPMENT

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files