Compensation 990

Ridc Ltc 48

Fiscal year ending 2024. Filed on October 30, 2025.

267 Kappa Drive
Pittsburgh, Pennsylvania 15238

Ridc Ltc 48 (EIN: 81-1907116) has filed an IRS Form 990 since fiscal year 2018. In its fiscal year 2024 IRS Form 990 filing, Ridc Ltc 48, a 501(c)(3) charitable organization, reported compensation for 10 employees. Among the employees shown here, the average compensation is $298,677. The highest compensated employee at Ridc Ltc 48 is Smith Donald F Jr with fiscal year 2024 compensation of $712,374.

Revenue, expenses, and employee compensation

Revenue

$2,603,521

Expenses

$2,537,736

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋6.5%vs 2023
Smith Donald F Jr
President
$712,374
$0 from org$644,830 from related$67,544 other
＋6.1%vs 2023
White Timothy F
Senior Vice President, Development
$453,770
$0 from org$403,277 from related$50,493 other
＋12.1%vs 2023
Goldstrom Michael
Senior Vice President - REAL Estate
$382,083
$0 from org$332,009 from related$50,074 other
＋5.8%vs 2023
Hobbes Jason W
Corporate Secretary
$272,708
$0 from org$231,291 from related$41,417 other
＋3.8%vs 2023
Pinelli Christopher
Director, Property MGMT
$208,764
$0 from org$186,304 from related$22,460 other
＋36.7%vs 2023
Cooper Jeni
Director of Community INVE
$203,511
$0 from org$171,977 from related$31,534 other
＋3.3%vs 2023
Heinricher Michael
Director, Asset Management
$203,017
$0 from org$171,745 from related$31,272 other
＋6.1%vs 2023
Buechli John
Construction Manager
$188,571
$0 from org$152,309 from related$36,262 other
＋1.9%vs 2023
Miller Keith
Director of SITE Developme
$188,548
$0 from org$157,696 from related$30,852 other
＋11.4%vs 2023
Kurta Marian D
Treasurer
$173,425
$0 from org$138,291 from related$35,134 other

Non-Employee Board Members

Giovannitti Jennifer
Director
Hunt William
Vice Chair and Director
Kurtzrock Mark Jay
Director
McNulty Timothy
Vice Chair and Director
Mondi Patrick
Director
Robinson F Brooks Jr
Director
Russo Audrey
Director
Stephenson Samuel J
Chair and Director

Mission Statement

RIDC LTC 48 SHALL BE OPERATED AS AN ORGANIZATION THAT IS ORGANIZED, AND AT ALL TIMES EXCLUSIVELY, FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF REGIONAL INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSYLVANIA BY REVIVING PROPERTY, LESSENING NEIGHBORHOOD TENSIONS, LESSENING THE BURDENS OF GOVERNMENT AND COMBATING COMMUNITY DETERIORATION BY DEVELOPING AN INDUSTRIAL DEVELOPMENT PROJECT AT A LOCATION WITHIN THE CITY OF PITTSBURGH, PENNSYLVANIA.

Revisions to this organization profile

October 30, 2025:
2024 Ridc Ltc 48 990 filed
November 15, 2024:
2023 Ridc Ltc 48 990 filed
November 15, 2023:
2022 Ridc Ltc 48 990 filed

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