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Organizations Community Improvement & Capacity Building Philadelphia Industrial Development Corporation

Philadelphia Industrial Development Corporation

Fiscal year ending 2017. Filed on November 13, 2018.

1500 Market Street Suite 2600west
Philadelphia, Pennsylvania 19102

Philadelphia Industrial Development Corporation (EIN: 23-6050858) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, Philadelphia Industrial Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 18 out of 124 total employees. Among the employees shown here, the average compensation is $234,483. The highest compensated employee at Philadelphia Industrial Development Corporation is John Grady with fiscal year 2017 compensation of $486,030.

Revenue, expenses, and employee compensation

Revenue

$19,072,795

Expenses

$17,607,290

Employee compensation

$9,054,382
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John Grady
President
$486,030
$400,249 No related comp$85,781
Samuel Rhoads
Executive Vice President
$326,413
$254,225 No related comp$72,188
Anne Nevins
Senior Vice President
$288,525
$231,579 No related comp$56,946
Anthony Simonetta
Senior Vice President
$286,863
$249,360 No related comp$37,503
Ilene Burak
Senior Vice President
$282,162
$214,909 No related comp$67,253
Wanda Speight
Senior Vice President
$255,305
$220,413 No related comp$34,892
Prema Gupta
Senior Vice President
$247,378
$186,475 No related comp$60,903
Thomas Dalfo
Senior Vice President
$243,623
$177,810 No related comp$65,813
Thomas Queenan
Senior Vice President
$228,079
$177,291 No related comp$50,788
Reed Lyons
Vice President
$217,872
$154,058 No related comp$63,814
Tiffany Canady
Senior Vice President
$212,483
$162,177 No related comp$50,306
Kate McNamara
Vice President
$205,273
$143,295 No related comp$61,978

Benchmark Employee Compensation

Non-Employee Board Members

Andrea Allon
Vice Chair
Angelo R Perryman
Director
Anne Fadullon
Director
Bob Moul
Director
Bret Perkins
Director
Christina Cavalieri
Director
Craig Carnaroli
Director
Elizabeth Murphy
Director
Evelyn Smalls
Director
Fred Cosenza
Director
Harold Epps
Director
Honorable James F Kenney
Director

Contractors

Bdo USA LLP
Audit
$306,648

Mission Statement

PIDC PLANS AND IMPLEMENTS ECONOMIC DEVELOPMENT INITIATIVES (SEE SCHEDULE O) WHICH ENHANCE THE COMPETITIVE ENVIRONMENT, GENERATE JOBS AND PRODUCE HIGHER TAX RATABLES THROUGHOUT PHILADELPHIA.

Revisions to this organization profile

November 17, 2025:
2024 Philadelphia Industrial Development Corporation 990 filed
November 16, 2024:
2023 Philadelphia Industrial Development Corporation 990 filed
November 10, 2023:
2022 Philadelphia Industrial Development Corporation 990 filed

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