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Organizations Community Improvement & Capacity Building Philadelphia Industrial Development Corporation

Philadelphia Industrial Development Corporation

Fiscal year ending 2023. Filed on November 16, 2024.

1500 Market Street 3500w
Executive Officeterminal D-e 3rd Fl
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 2023 IRS Form 990 filing, Philadelphia Industrial Development Corporation, a 501(c)(4) civic league or social welfare organization, reported compensation for 17 out of 79 total employees. Among the employees shown here, the average compensation is $229,801. The highest compensated employee at Philadelphia Industrial Development Corporation is Sam Rhoads with fiscal year 2023 compensation of $336,869.

Revenue, expenses, and employee compensation

Revenue

$20,971,900

Expenses

$21,088,394

Employee compensation

$9,591,624
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sam Rhoads
Executive Vice President
$336,869
$279,745 No related comp$57,124
Tiffany Canady
Senior Vice President and Chief Financial Officer
$298,166
$237,312 No related comp$60,854
Ilene Burak
Senior Vice President and General Counsel
$288,727
$217,026 No related comp$71,701
Kathleen McNamara
Executive Vice President - the NAVY YARD
$285,078
$213,560 No related comp$71,518
Thomas Dalfo
Senior Vice President - REAL Estate Services
$274,441
$203,809 No related comp$70,632
Marquis Upshur
Senior Vice President, Human Resources
$254,393
$195,890 No related comp$58,503
Marla Hamilton
Senior Vice President - Client Engagement
$238,668
$205,850 No related comp$32,818
Shayne Moore
Senior Vice President - Information Technolgy
$226,278
$212,382 No related comp$13,896
Christopher Chaplin
Vice President - Portfolio Management
$224,079
$156,227 No related comp$67,852
Nicole Hennessy
Vice President, Controller
$219,982
$152,212 No related comp$67,770
Jennifer Lucas Crowther
Senior Vice President Capitalization and Impact
$219,591
$152,110 No related comp$67,481
Lawrence McComie
Senior Vice President and Chief Credit Officer
$215,143
$202,038 No related comp$13,105

Benchmark Employee Compensation

Non-Employee Board Members

Andrea Allon
Vice Chair
Angelo Perryman
Director
Anne Fadullon
Director
Anne K Nadol
Director
Bret Perkins
Director
Brian T Keech
Director
Craig R Carnaroli
Director
Diana P Cortes, Esq
Director
Dominique Casimir
Director
Elizabeth A Murphy
Director
Emily Bittenbender
Director
Fred Cosenza
Director

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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