PIDC-LOCAL DEVELOPMENT CORPORATION

PHILADELPHIA, PA, 19102-2115 (215) 496-8020 Est. 1977 EIN 30-0598934
S30 - Economic Development 990 - Public charity return 501(c)(4)
www.pidcphila.com

Mission

SEE SCHEDULE O.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.

Giving Portfolio

Total Grants
176
Total Giving
$33.0M
Recipients
172
Years Active
2018 - 2024
Avg grant: $209,879 Median: $20,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202439$2.0M $51K390
202351$967K $19K481
202216$1.6M $99K160
20209$4.1M $456K80
201916$2.3M $145K160
201845$22.1M $491K440

Sectors Funded

Housing & Shelter
7
Community Improvement
3
Arts, Culture & Humanities
3
Environment
1
Youth Development
1
Employment
1
Food, Agriculture & Nutrition
1

Top States

Pennsylvania
174
California
1
Illinois
1

Grantee Size Profile

$1M - $5M
11
$500K - $1M
4
$5M - $10M
2
$10M - $50M
2
Over $50M
2
$100K - $500K
1

Top Grantees

Page 1 of 3
ISS Management LLC
PA
$16.4M
CITY OF PHILADELPHIA
PA
$2.7M
CITY OF PHILADELPHIA
PA
$2.0M
PEER Environmental
PA
$1.2M
Trans-Pacific Engineering Corp
PA
$823K
WELCOME AMERICA
PA
$760K
AXALTA COATING SYSTEMS
PA
$750K
RUGGIERO PLANTE LAND DESIGN LLC
PA
$365K

Grants Awarded · 27 grants

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Financials

Total Revenue
$8,866,630
Total Expenses
$13,901,201
Net Assets
$68,137,467
27 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
4.9 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 9.0%
Expenses ↓ 51.7%
Revenue Sources
Contributions 23.8% Earned revenue 57.2% Investment 19.1%
Expense Breakdown
Program 100.0%

Officers & Trustees (42)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$8,866,630 ↓$13,901,201$68,137,467
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$9,742,512 ↓$28,799,420$73,250,325
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$11,504,902 ↓$2,485,824$92,307,233
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$13,534,095 ↑$7,578,218$73,980,022
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$8,260,767 ↓$6,818,285$73,328,011
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$29,914,264 $31,729,821$70,726,708

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EIN: 30-0598934 · Source: IRS Form 990 e-file data