Tie Pittsburgh Inc

Organization Overview

Tie Pittsburgh Inc is located in Pittsburgh, PA. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tie Pittsburgh Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Tie Pittsburgh Inc generated $49.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $41.9k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

- WE FORMED TIE PITTSBURGH ANGELS IN JAN 2021 (AS A FOR-PROFIT LLC) TO SUPPORT REGIONAL STARTUPS- WE RAISED OVER $250K AND INVESTED IN OVER 10 STARTUP COMPANIES THROUGH OUR ANGEL PARTNERS- WE SUPPORTED 4 STARTUP COMPANIES IN OUR MENTORING PROGRAM (BUSINESS MENTORING ROUND-TABLE)- WE PARTICIPATED IN THE GLOBAL TIE UNIVERSITY PROGRAM TO SUPPORT STUDENT ENTREPRENEURS.- STUDENTS PARTICIPATED IN A BUSINESS CHALLENGE HACKATHON AND THEN A GLOBAL PITCH COMPETITION TO WIN PRIZES- WE HELD 25 EVENTS THROUGH THE YEAR RELATED TO NETWORKING, MENTORING, FUNDING AND EDUCATION FOR STARTUPS


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Board, Officers & Key Employees

Name (title)Compensation
Atul Bansal
Charter Member
$0
Rajendra Jadhav
President Elect
$0
Ganesh Mani
Charter Member
$0
Ray Milhem
Charter Member
$0
Randy Eager
Charter Member
$0
Ilana Diamond
Charter Member
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$27,971
Total Program Service Revenue$198
Membership dues$21,605
Investment income $7
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$49,781

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