2025-11-17T10:37:08-06:00 2024-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2024-01-01 251780438 PITTSBURGH REGIONAL ALLIANCE PITT 4122811890 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 WILLIAM D MCKAIN CHIEF FINANCIAL OFFICER 4122811890 2025-11-14 1 0 SARAH R PIOT P01358891 4122613644 2024 2025-03-06 01:10:19Z STEFANI PASHMAN 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 3371047 0 X WWW.PITTSBURGH-REGION.ORG X 1995 PA TO MARKET THE 10 COUNTIES OF SOUTHWESTERN PA AS A PRIME LOCATION FOR BUSINESS AND TALENT. 3 2 0 18 0 0 4507299 3328920 0 0 40085 42127 0 0 4547384 3371047 0 0 0 0 0 0 0 0 89311 4547384 3371047 4547384 3371047 0 0 2714100 2843708 821750 951358 1892350 1892350 X THE MISSION OF THE PITTSBURGH REGIONAL ALLIANCE (PRA) IS TO MARKET THE 10 COUNTIES OF SOUTHWESTERN PENNSYLVANIA AS A PRIME LOCATION FOR BUSINESS INVESTMENT AND TALENT.(CONTINUED ON SCH O) THE PRA PROVIDES BUSINESS LEADERS DOMESTICALLY AND GLOBALLY WITH ESSENTIAL RESCOURCES, CONNECTS THEM TO VARIOUS SOURCES OF SUPPORT AND ASSISTS THEM IN THE PROCESS OF CORPORATE EXPANSION OR LOCATION WITHIN THE PITTSBURGH REGION. THE PRA MAINTAINS REGIONAL DATA, DEMOGRAPHICS AND REAL ESTATE DATABASES. THE PRA ALSO PROVIDES PROJECT MANAGEMENT SERVICES INCLUDING SITE LOCATION ASSISTANCE, GLOBAL BUSINESS ASSISTANCE, ACCESS TO FINANCIAL ASSISTANCE, TALENT ATTRACTION AND RETENTION, PEER EXECUTIVE MEETINGS AND MARKET RESEARCH AND ANALYSIS TO BUSINESS EXECUTIVES CONSIDERING INVESTING IN SOUTHWESTERN PENNSYLVANIA. 0 0 2267893 0 0 10-COUNTY ECONOMIC DEVELOPMENT: A STRONG ECONOMY CREATES PATHWAYS TO INDIVIDUAL PROSPERITY AND PROVIDES THE TAX BASE NEEDED TO SUPPORT ROBUST TRANSPORTATION, QUALITY EDUCATION, AFFORDABLE HOUSING, AND CULTURAL AND INFRASTRUCTURE INVESTMENTS. THE PITTSBURGH REGIONAL ALLIANCE DRIVES THESE OUTCOMES BY WORKING DIRECTLY WITH COMPANIES AND OTHER KEY STAKEHOLDERS TO ATTRACT, EXPAND, AND RETAIN BUSINESSES IN THE PITTSBURGH REGION.IN 2024, WE DROVE $361 MILLION IN CAPEX. SEE SCHEDULE O FOR A SAMPLE OF THE 2024 HIGH-IMPACT PROJECTS THAT REPRESENT THIS GROWTH.- MAINSPRING ENERGY: MAINSPRING ENERGY SELECTED FINDLAY TOWNSHIP FOR ITS MANUFACTURING FACILITY, REPRESENTING $175 MILLION IN TOTAL INVESTMENT, INCLUDING $87 MILLION IN FEDERAL FUNDING. THE FACILITY WILL CREATE 600 PERMANENT JOBS AND AN ADDITIONAL 300 CONSTRUCTION JOBS. ONCE OPERATIONAL, IT WILL PRODUCE UP TO 1,000 LINEAR GENERATORS ANNUALLY, THE POWER EQUIVALENT TO MEET THE ELECTRICITY NEEDS OF UP TO A QUARTER OF A MILLION U.S. HOMES. - MITSUBISHI ELECTRIC POWER PRODUCTS, INC.: MEPPI ANNOUNCED A $93 MILLION INVESTMENT TO EXPAND AND BUILD AN ADVANCED MANUFACTURING FACILITY IN THE REGION. THIS NEW FACTORY WILL CREATE 200 JOBS AND RETAIN OVER 800 POSITIONS. THE FACILITY WILL PRODUCE CUTTING-EDGE SWITCHGEARS, ENHANCING POWER RELIABILITY AND SUPPORTING THE MODERNIZATION OF THE ELECTRIC GRID WHILE REDUCING CARBON EMISSIONS. 2267893 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X WILLIAM D MCKAIN 4122814783 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 STEFANI PASHMAN CEO 6.00 39.00 X X 0 687429 36110 WILLIAM S DEMCHAK CHAIR 2.00 1.00 X X 0 0 0 ERIC BOUGHNER SECRETARY/TREASURER 2.00 1.00 X X 0 0 0 MATT SMITH CHIEF GROWTH OFFICER 26.00 19.00 X 0 440825 28583 WILLIAM D MCKAIN (COO TILL 05/24, CFO AS OF 06/24) 1.00 47.00 X 0 284183 29491 JANEL SKELLEY CFO (EXIT 05/24) 14.00 28.00 X 0 134791 12483 0 1547228 106667 0 0 1 0 DEVELOPMENT COUNSELLORS INT'L LTD 215 PARK AVE SOUTH 1403 NEW YORK NY 10003 MARKETING 451717 VIOLET COMMUNICATIONS 33 PLYMOUTH STREET LL2 MONTCLAIR NJ 07042 MARKETING 108686 2 1570745 1758175 3328920 42127 42127 3371047 0 0 42127 X 9229 9229 19951 19951 734560 642105 92455 220631 211843 8085 703 14694 689 13652 353 37656 4840 32816 87770 87770 120624 106822 13538 264 126846 93518 7315 26013 12427 12427 8631 8631 SHARED EXPENSES 1914018 1188692 663348 61978 RESEARCH & DEVELOPMENT 22717 3362 19355 DUES AND MEMBERSHIPS 14475 11161 3314 26818 4861 21957 3371047 2267893 1013843 89311 470219 862281 2132933 1703138 35779 251089 72669 24700 2500 2500 2714100 2843708 423173 342511 398577 608847 821750 951358 X 1892350 1892350 1892350 1892350 2714100 2843708 0 0 X X 0 1 X 1 0 X X 1 ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 250965213 7 1 3371047 0 1 3371047 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 X 0 0 0 0 3371047 14409407 3371047 14409407 318552 870470 79638 217618 0 0 0 0 686668 956919 777755 870470 3291812 4937718 798 364 0 1162 171667 239230 194439 217618 822954 1234431 0 X 3371047 0 3371047 0 3371047 3371047 0 3371047 0 3371047 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED THE ACCOUNTING FOR INCOME TAXES TOPIC OF THE ACCOUNTING STANDARDS CODIFICATION (CODIFICATION), WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS TOPIC PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR FINANCIAL STATEMENT DISCLOSURE OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE CONFERENCE AND AFFILIATES' COMBINED STATEMENTS OF FINANCIAL POSITION AT DECEMBER 31, 2024 AND 2023 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE CONFERENCE AND AFFILIATES HAVE NO UNRECOGNIZED TAX BENEFITS. THE CONFERENCE AND AFFILIATES ARE NO LONGER SUBJECT TO EXAMINATION OF THEIR TAX RETURNS FOR YEARS BEFORE 2021. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES BUSINESS DEVELPOMENT 8216 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 0 0 PROGRAM SERVICES BUSINESS DEVELOPMENT 12422 0 0 0 0 0 0 20638 0 20638 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 STEFANI PASHMAN CEO 0 510452 0 175000 0 1977 0 17253 0 18857 0 723539 0 0 MATT SMITH CHIEF GROWTH OFFICER 0 350950 0 87922 0 1953 0 21673 0 6910 0 469408 0 0 WILLIAM D MCKAIN (COO TILL 05/24, CFO AS OF 06/24) 0 241484 0 38400 0 4299 0 14718 0 14773 0 313674 0 0 FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIP: MS. SKELLEY, MR. MCKAIN, MS. PASHMAN, MR. BOUGHNER, MR. SMITH AND MR. DEMCHAK. FORM 990, PART VI, SECTION A, LINE 6 PITTSBURGH REGIONAL ALLIANCE'S SOLE MEMBER IS ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER ELECTS ALL OF THE DIRECTORS OF PITTSBURGH REGIONAL ALLIANCE WITH THE EXCEPTION OF THE CEO WHO SERVES AS A VOTING EX-OFFICIO DIRECTOR FOR AS LONG AS HE/SHE HOLDS SUCH OFFICE. THE CEO IS APPOINTED BY THE SUPPORTED ORGANIZATION'S BOARD (ACCD). FORM 990, PART VI, SECTION A, LINE 7B THE AFFAIRS OF THE ORGANIZATION ARE UNDER THE GENERAL DIRECTION OF THE BOARD WITH AN EXCLUSIVE RIGHT OF ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT TO APPROVE ALL ACTIONS TAKEN BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B APPROXIMATELY ONE WEEK PRIOR TO FILING, THE GOVERNING BODY AND THE ORGANIZATION'S MANAGEMENT TEAM IS GRANTED ACCESS TO A SECURE LINK TO THE ORGANIZATION'S FTP SITE TO VIEW THE FINAL FORM 990. DURING THIS TIME, THE ORGANIZATION'S BOARD MEMBERS CAN VOLUNTEER ANY OBSERVATIONS & COMMENTS ON THE RETURN BUT ARE NOT REQUIRED TO REVIEW OR FORMALLY APPROVE THE FORM 990 BEFORE OR AFTER IT IS FILED AS PART OF ITS BOARD ACTIVITIES. THE ORGANIZATION'S FINANCE GROUP FUNCTIONS IN TANDEM WITH THE MANAGEMENT TEAM DURING THE PREPARATION OF THE RETURN. THE AUDIT COMMITTEE CHAIR AS PART OF HIS/HER RESPONSIBILITIES WILL BE GIVEN COPIES OF THE DRAFT RETURNS FOR REVIEW. THE CHIEF EXECUTIVE OFFICER WILL MEET WITH THE CFO PRIOR TO THE CFO SIGNING THE FINAL RETURN AND WILL HAVE THE OPPORTUNITY TO REVIEW AND ASK QUESTIONS AS NECESSARY. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH OFFICER, DIRECTOR AND KEY EMPLOYEE ("O,D,KE") OF THE ORGANIZATION MUST COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND AFFIRM THAT HE/SHE HAS READ, UNDERSTOOD AND HAS COMPLIED WITH THE POLICY. ALL RESPONSES TO THE DISCLOSURE STATEMENT ARE SUMMARIZED BY THE ACCOUNTING DEPARTMENT. THE CHIEF EXECUTIVE OFFICER OR HIS/HER DESIGNEE IS RESPONSIBLE FOR REVIEWING THE SUMMARY OF DISCLOSURE STATEMENTS SO THAT HE/SHE IS FAMILIAR WITH AND CAN REPORT POTENTIAL CONFLICTS TO THE BOARD. IN ADDITION, EACH INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST OR OTHER INTEREST (AND ALL MATERIAL FACTS REGARDING SUCH INTEREST) AT THE TIME THE BOARD IS CONSIDERING A TRANSACTION THAT MAY INVOLVE A CONFLICT OF INTEREST OR THE APPEARANCE OF A CONFLICT. IF DETERMINED A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON WILL RECUSE HIMSELF OR HERSELF FROM VOTING. IF THE GOVERNING BOARD HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT WILL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE BOARD WILL DISCLOSE THE ACTIONS TAKEN. FORM 990, PART VI, SECTION B, LINE 15 PRA DOES NOT COMPENSATE ANY INDIVIDUALS FOR BOARD OR EMPLOYMENT SERVICES. WITH RESPECT TO SHARED SERVICES PROVIDED BY THE ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT (ACCD) IF ANY, COMPENSATION IS AWARDED BY ACCD PURSUANT TO A PROCESS THAT SATISFIES THE REQUIREMENTS OF THE INTERMEDIATE SANCTIONS REGULATIONS. AT THE DIRECTION OF THE BOARD'S PERSONNEL & COMPENSATION COMMITTEE, AN INDEPENDENT CONSULTANT IS ENGAGED ON A BI-ANNUAL BASIS TO CONDUCT AN ANALYSIS OF EXECUTIVE COMPENSATION TO ENSURE PAY PRACTICES ARE REASONABLE AND WITHIN THE RANGE OF TYPICAL MARKET PRACTICES. FORM 990, PART VI, SECTION C, LINE 18 THE PUBLIC DISCLOSURE COPY OF THE FORM 990 IS ACCESSIBLE ON GUIDESTAR AND MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. THE REQUESTOR SHOULD NOTIFY THE ORGANIZATION IN WRITING. IF REQUESTOR AGREES TO REIMBURSE FOR COPY CHARGES, A HARD COPY WILL BE PROVIDED. THE ORGANIZATION ALSO MAKES ITS PUBLIC DISCLOSURE COPY AVAILABLE FOR INSPECTION AT ITS OFFICE LOCATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE READILY AVAILABLE TO THE PUBLIC VIA THE ORGANIZATIONS' WEBSITE, AND REQUESTS FOR THIS INFORMATION ARE HANDLED ON A CASE BY CASE BASIS. FORM 990, PART IX, LINE 11G MARKETING SUPPORT: PROGRAM SERVICE EXPENSES 642,105. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 642,105. PROFESSIONAL SERVICES OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 92,455. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,455. L THERE WERE NO CHANGES FROM PRIOR YEARS. ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250965213 ECONOMIC DEVELOPMENT PA 501(C)(3) 170(B)(1) (A)(VI) N/A 0 PENNSYLVANIA ECONOMY LEAGUE OF GREATER PITTSBURGH 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 231352264 RESEARCH AND ANALYSIS PA 501(C)(3) 170(B)(1) (A)(VI) ACCD 0 GREATER PITTSBURGH CHAMBER OF COMMERCE 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250399620 ADVOCACY PA 501(C)(6) N/A ACCD 0 GREATER PITTSBURGH CHAMBER OF COMMERCE POLITICAL ACTION COMM 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250399620 POLITICAL ACTION COMMITTEE PA 527 N/A GREATER PITTSBURGH C OF C 0 SWPA RESPONSIBLE GROWTH INC 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 873947053 PROMOTE REGIONAL RESPONSIBLE GROWTH PA 501(C)(4) N/A GREATER PITTSBURGH C OF C 0 POWER OF 32 SITE DEVELOPMENT FUND LLC 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 465227064 PRIVATE SECTOR FINANCING PA N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 ALLEGHENY CONFERENCE ON COMMUNITY DEVELOPMENT 11 STANWIX STREET 17TH FLOOR PITTSBURGH PA 15222 250965213 X 0 0 0 14409409 14409409 870470 217618 0 0 0