PITTSBURGH LIFE SCIENCES GREENHOUSE
2425 SIDNEY STREET, PITTSBURGH, PA 15203 www.plsg.com

Total Revenue
$-1,022,982
Total Expenses
$2,333,996
Net Assets
$3,864,037

Organizations Filed Purposes: PITTSBURGH LIFE SCIENCES GREENHOUSE (PLSG) IS DESIGNED TO BE THE ECONOMIC DEVELOPMENT ENGINE BEHIND LIFE SCIENCES IN WESTERN PENNSYLVANIA. OUR MISSION IS TO LEVERAGE THE INTELLECTUAL CAPITAL OF THE REGION'S WORLD-CLASS UNIVERSITIES AND MEDICAL FACILITIES TO ESTABLISH LIFE SCIENCES COMPANIES WITH THE GOAL OF SPEEDING UP THE ROUTING OF PRODUCT FROM TECHNOLOGY TO COMMERCIALIZATION.

FOSTERS DEVELOPMENT OF THE WESTERN PENNSYLVANIA LIFE SCIENCES INDUSTRY.

EXECUTIVE PROGRAM PROVIDES SEASONED LIFE SCIENCE EXECUTIVES AS EXECUTIVES IN RESIDENCE (EIR) TO EARLY STAGE LIFE SCIENCES COMPANIES. THE VALUE OF SERVICES PROVIDED FREE OF CHARGE TO 57 COMPANIES WAS NEARLY $500,000 IN CURRENT YEAR. SINCE INCEPTION, PLSG EIR HAVE PROVIDED 495 COMPANIES WITH $14 MILLION OF SERVICES. PLSG HAS ALSO MADE 230 INVESTMENTS INTO 88 COMPANIES TOTALING OVER $22.4 MILLION.

ACCELERATOR FUNDS - PLSG, THROUGH ITS DISREGARDED ENTITY PLSG ACCELERATOR FUND MANAGEMENT, LLC, MANAGES THE PLSG ACCELERATOR FUND, LLC AND ACCELERATOR FUND II, LLC IN RETURN FOR A MANAGEMENT FEE FOR THE SERVICES PROVIDED. THE FUNDS MAKE LATER STAGE INVESTMENTS IN LIFE SCIENCE COMPANIES.

INCUBATOR - PROVIDES OFFICE AND CUBICLE SPACE TO LIFE SCIENCE COMPANIES UNDER FAVORABLE SHORT-TERM LEASES IN PLSG'S BUILDING.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
James F JordanPRESIDENT & CEO41$372,885
John W ManzettiEXECUTIVE CHAIRMAN0$170,929
Diana CugliariVICE PRESIDENT OF FINANCE40$159,436
Alan WestEXECUTIVE IN RESIDENCE19$142,821
Steve D'EttorreDIRECTOR0.3$0
Sherri CollinsDIRECTOR (RESIGNED 9/19)0.3$0
Neil MaladyDIRECTOR0.3$0
Elizabeth S WooDIRECTOR0.3$0
Rob A RutenbarDIRECTOR0.3$0
Timothy McnultyDIRECTOR1$0
Arthur S LevineDIRECTOR0.3$0
Peter M DecomoDIRECTOR0.3$0
John L Brooks IiiDIRECTOR0.3$0
John KuzmishinCHAIRMAN OF THE BOARD3$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202013029349300901_public.xml