Penn Hills Community Development Corporation
- Assets
- $105.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 08/2011
- Data as of
- 12/2022
- EIN
- 27-2332404
Organization Overview
Penn Hills Community Development Corporation is located in Pittsburgh, PA. The organization was established in 2011. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Penn Hills Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Penn Hills Community Development Corporation generated $175.2k in total revenue. All expenses for the organization totaled $81.3k during the year ending 12/2022. While expenses have increased by 26.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Kerestus President | 10 | $0 | |
James Beck Vice President | 10 | $0 | |
Jeffrey Rhoades Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,923 |
| Total Program Service Revenue | $0 |
| Membership dues | $858 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,676 |
| Other Revenue | $24,737 |
| Total Revenue | $175,194 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $50,025 |
| Occupancy, rent, utilities, and maintenance | $3,223 |
| Printing, publications, postage, and shipping | $113 |
| Other expenses | $27,665 |
| Total expenses | $81,301 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,056 |
| Other assets | $0 |
| Total assets | $105,056 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,056 |