PIDC-LOCAL DEVELOPMENT CORPORATION
1500 Market Street3500West, Philadelphia, PA 19102 www.pidcphila.com

Total Revenue
$29,914,264
Total Expenses
$31,729,821
Net Assets
$70,726,708

Organizations Filed Purposes: PIDC Local Development Corporation (PIDC-LDC) administers, as a subrecipient of the City of Philadelphia, various federally funded grant programs, including Community Development Block Grants, Housing and Urban Development loans, and Economic Development Administration loans. These programs assist in the economic development initiatives of the City of Philadelphia.

PIDC-LDC administers various federally funded grant programs. These programs assists in the economic development intiatives of the City of Philadelphia.

Supporting Growing Businesses: In conjunction with the City of Philadelphia, PIDC LDC provides investment capital to Philadelphias growing technology-based, seed stage business community. PID-LDC actively works to cultivate Philadelphias entrepreneur climate, and provides financing to bridge the period between the early development of intellectual property and the point at which a company attracts the attention of venture capital. PIDC-LDC has provided $2 million in early stage capital to early stage technology companies in the City of Philadelphia.

Investing in High Impact Community Revitalization: PIDC-LDC invests in high-impact community revitalization projects to bring critical goods and services, create jobs, and eliminate blight throughout the City of Philadelphia. In 2018, PIDC and its affiliates (including PIDC-LDC) invested $110 million through 25 loans in catalytic projects in neighborhoods throughout Philadelphia.

Contract management: manage various loans and grant programs on behalf of the City of Philadelphia, Commonwealth of Pennsylvania and federal agencies that serve to retain and grow employment in Philadelphia.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Cassie GardnerAssistant Secretary3$0
Tiffany CanadySenior Vice President7$0
Prema GuptaSenior Vice President4$0
Wanda SpeightSenior Vice President6$0
Thomas QueenanSenior Vice President4$0
Anne NevinsSenior Vice President4$0
Sam RhoadsExecutive Vice President4$0
John GradyPresident4$0
Robert C WonderlingDirector0.3$0
Sozi TulanteDirector (End 3/2018)0.3$0
Evelyn SmallsDirector0.05$0
William R SautterDirector0.05$0
Marchel S PrattDirector0.3$0
Angelo R PerrymanDirector0.05$0
Bret PerkinsDirector0.3$0
Salvatore J PattiDirector0.3$0
Keith OrrisDirector0.05$0
Anne K NadolDirector0.05$0
Elizabeth MurphyDirector0.05$0
Bob MoulDirector0.05$0
Alba MartinezDirector0.05$0
Suzanne S MayesDirector0.05$0
Honorable James F KenneyDirector0.3$0
Jay GoldsteinDirector0.05$0
Leroy E JonesDirector0.3$0
Honorable Kenuyatta JohnsonDirector0.3$0
Anne FadullonDirector0.3$0
Harlod EppsDirector0.3$0
Rob DubowDirector0.3$0
Michael DiberardnisDirector0.3$0
Fred CosenzaDirector0.05$0
Chirstina CavalieriDirector0.05$0
Craig CarnaroliDirector0.3$0
Michael A BrownDirector (end 8/2018)0.05$0
Honorable Jannie BlackwellDirector0.3$0
Kevin R BoyleDirector0.3$0
Brian AbernathyDirector0.3$0
Terry BookerDirector0.05$0
Andrea AllonVice Chairman0.3$0
M Walter D' AlessioChariman0.3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201923189349302442_public.xml