The Pittsburgh High Technology Council
- Assets
- $3.6m
- Revenue
- $3.0m
- Investments
- $1.0k
- Employees
- 19
- Location
- Pittsburgh, PA
- Founding
- 05/1984
- Data as of
- 08/2022
- EIN
- 25-1437854
Organization Overview
The Pittsburgh High Technology Council is located in Pittsburgh, PA. The organization was established in 1984. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 08/2022, Pittsburgh High Technology Council employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pittsburgh High Technology Council 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 08/2022, Pittsburgh High Technology Council generated $3.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.6m during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP TECHNOLOGY COMPANIES SUCCEED THROUGH BUSINESS DEVELOPMENT AND TALENT RETENTION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE A MEANS TO COMMUNICATE INFORMATION AND PROMOTE THE GROWTH OF TECHNOLOGY IN WESTERN PENNSYLVANIA BY SPONSORING MONTHLY, QUARTERLY, AND ANNUAL MEETINGS AND SEMINARS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey Russo President And CEO | Officer | 26 | $349,199 |
Brian Kennedy Senior VP Of Operations | Officer | 38 | $208,520 |
Albert Gusky Director Of Finance | Officer | 35 | $167,737 |
Jonathan Kersting VP Communications & Media | 20 | $127,134 | |
Jason Wolfe Chairman | OfficerTrustee | 1.5 | $0 |
Barbara Vankirk Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $289,235 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,235 |
| Total Program Service Revenue | $2,591,044 |
| Investment income | $36,483 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,175 |
| Net Gain/Loss on Asset Sales | -$5,001 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,049,569 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $789,344 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $528,513 |
| Pension plan accruals and contributions | $49,730 |
| Other employee benefits | $3,233 |
| Payroll taxes | $85,332 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,549 |
| Fees for services: Accounting | $18,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,373 |
| Fees for services: Other | $52,034 |
| Advertising and promotion | $31,712 |
| Office expenses | $76,100 |
| Information technology | $81,076 |
| Royalties | $0 |
| Occupancy | $167,390 |
| Travel | $12,186 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,565 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,415 |
| Insurance | $18,255 |
| All other expenses | $8,565 |
| Total functional expenses | $2,616,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $835,237 |
| Savings and temporary cash investments | $28,460 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $199,167 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $75,068 |
| Net Land, buildings, and equipment | $105,020 |
| Investments—publicly traded securities | $1,501,099 |
| Investments—other securities | $1,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $812,977 |
| Total assets | $3,558,028 |
| Accounts payable and accrued expenses | $345,276 |
| Grants payable | $0 |
| Deferred revenue | $871,511 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $118,037 |
| Total liabilities | $1,334,824 |
| Net assets without donor restrictions | $2,223,204 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,558,028 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Pittsburgh High Technology Council has recieved totaling $15,500.
| Awarding Organization | Amount |
|---|---|
Carnegie Mellon University Pittsburgh, PA PURPOSE: PROGRAM SERVICE | $15,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Dairy Assn & Dairy Council Of Ny Inc Empire Building North Syracuse, NY | $7,719,519 | $19,494,429 |
American Federation For Children Inc Columbia, MD | $4,734,302 | $8,920,295 |
Nj Assoc Of School Administrators Corp Trenton, NJ | $2,166,473 | $2,484,430 |
Consortium For Public Education Mckeesport, PA | $8,617,979 | $3,033,681 |
The Pittsburgh High Technology Council Pittsburgh, PA | $3,558,028 | $3,049,569 |
New York State Council Of School Superintendents Albany, NY | $5,077,642 | $3,046,665 |
Project Ready Newark, NJ | $545,292 | $2,709,148 |
Associated Builders And Contractors Inc East Syracuse, NY | $1,910,207 | $2,380,603 |
Maritime Exchange For The Delaware River And Bay Philadelphia, PA | $9,242,868 | $2,750,481 |
Fellowship Bmec Inc Philadelphia, PA | $3,935,912 | $4,831,352 |
Reading League Syracuse, NY | $2,958,965 | $2,169,026 |
Ohio Community Action Training Organization Columbus, OH | $761,652 | $1,900,982 |