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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Spedd Inc.

Spedd Inc.

Fiscal year ending 2021. Filed on February 26, 2022.

1129 Industrial Park Road Ste 119
Vandergrift, Pennsylvania 15690

Spedd Inc. (EIN: 25-1188760) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2021 IRS Form 990 filing, Spedd Inc., a 501(c)(3) charitable organization, reported compensation for 3 out of 3 total employees. Among the employees shown here, the average compensation is $104,071. The highest compensated employee at Spedd Inc. is Jerome D Lombardi with fiscal year 2021 compensation of $200,263.

Revenue, expenses, and employee compensation

Revenue

$4,058,990

Expenses

$2,838,976

Employee compensation

$331,977
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jerome D Lombardi
President and Chief Executive Officer
$200,263
$194,200 No related comp$6,063
Brenda Schmidt
Director
$59,945
$55,000 No related comp$4,945
Kimberly Dengler
Director
$52,006
$47,200 No related comp$4,806

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

TO INCREASE EMPLOYMENT OPPORTUNITIES AND IMPROVE DETERIORATING NEIGHBORHOODS IN WESTERN PENNSYLVANIA THROUGH THE REHABILITATION OF NEGLECTED INDUSTRIAL AND COMMERCIAL PROPERTIES INTO BUSINESS INCUBATORS AND NEW VENTURE FACILITIES WHICH ASSIST SMALL BUSINESS IN GROWING AND CREATING JOBS.

Revisions to this organization profile

May 9, 2025:
2024 Spedd Inc. 990 filed
February 1, 2024:
2023 Spedd Inc. 990 filed
February 6, 2023:
2022 Spedd Inc. 990 filed

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