Compensation 990

The Ridc Regional Growth Fund

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

267 Kappa Drive
Pittsburgh, Pennsylvania 15238

The Ridc Regional Growth Fund (EIN: 25-1495484) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Ridc Regional Growth Fund, 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 The Ridc Regional Growth Fund is Smith Donald F Jr with fiscal year 2024 compensation of $712,374.

Revenue, expenses, and employee compensation

Revenue

$16,090,072

Expenses

$14,618,441

Employee compensation

$435,050
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
Vice Chair and Director
McNulty Timothy P
Director
Mondi Patrick
Director
Russo Audrey
Director
Stephenson Samuel J
Chair and Director

Mission Statement

SUPPORT ORGANIZATION FOR RIDC OF SOUTHWESTERN PENNSYLVANIA, PROVIDING DIVERSIFIED ECONOMIC DEVELOPMENT SERVICES TO BUSINESS AND INDUSTRY.

Revisions to this organization profile

October 30, 2025:
2024 The Ridc Regional Growth Fund 990 filed
November 15, 2024:
2023 The Ridc Regional Growth Fund 990 filed
November 15, 2023:
2022 The Ridc Regional Growth Fund 990 filed

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