Tie Pittsburgh Inc
- Assets
- $104.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 25-1888641
Organization Overview
Tie Pittsburgh Inc is located in Pittsburgh, PA. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Tie Pittsburgh Inc 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 12/2021, Tie Pittsburgh Inc generated $49.8k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $41.9k during the year ending 12/2021. While expenses have increased by 0.4% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
- WE FORMED TIE PITTSBURGH ANGELS IN JAN 2021 (AS A FOR-PROFIT LLC) TO SUPPORT REGIONAL STARTUPS- WE RAISED OVER $250K AND INVESTED IN OVER 10 STARTUP COMPANIES THROUGH OUR ANGEL PARTNERS- WE SUPPORTED 4 STARTUP COMPANIES IN OUR MENTORING PROGRAM (BUSINESS MENTORING ROUND-TABLE)- WE PARTICIPATED IN THE GLOBAL TIE UNIVERSITY PROGRAM TO SUPPORT STUDENT ENTREPRENEURS.- STUDENTS PARTICIPATED IN A BUSINESS CHALLENGE HACKATHON AND THEN A GLOBAL PITCH COMPETITION TO WIN PRIZES- WE HELD 25 EVENTS THROUGH THE YEAR RELATED TO NETWORKING, MENTORING, FUNDING AND EDUCATION FOR STARTUPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Leatherow Executive Director | 20 | $21,983 | |
Amy Hartzell Former Executive Director | 5 | $2,430 | |
Atul Bansal Charter Member | 3 | $0 | |
Rajendra Jadhav President Elect | 3 | $0 | |
Ganesh Mani Charter Member | 3 | $0 | |
Ray Milhem Charter Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,971 |
| Total Program Service Revenue | $198 |
| Membership dues | $21,605 |
| Investment income | $7 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,781 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,913 |
| Professional fees and other payments to independent contractors | $325 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,708 |
| Total expenses | $41,946 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,616 |
| Other assets | $0 |
| Total assets | $104,616 |
| Total liabilities | $0 |
| Net assets or fund balances | $104,616 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tie Pittsburgh Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Carnegie Mellon University Pittsburgh, PA PURPOSE: PROGRAM SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gs1 Go Gsmp Inc Ewing, NJ | $1,816,675 | $9,656,925 |
American Urologigal Association Inc Linthicum Heights, MD | $11,900,601 | $8,448,831 |
Rockland Paradmedic Services Inc Chestnut Ridge, NY | $9,826,544 | $8,654,302 |
Intermodal Association Of North America Inc Calverton, MD | $29,793,038 | $11,206,056 |
Valley Forge Convention & Visitors Bureau Ltd King Of Prussia, PA | $5,553,675 | $9,336,877 |
New York State Society Of Cpas New York, NY | $15,747,345 | $10,100,943 |
Cincinnati Usa Regional Chamber Foundation Cincinnati, OH | $5,241,564 | $8,994,630 |
My Sisters Place Inc White Plains, NY | $7,100,374 | $7,997,119 |
The Partnership For New York City Inc New York, NY | $50,256,117 | $10,277,356 |
Cat Nms Llc New York, NY | $0 | $6,303,484 |
Iab Technology Laboratory Inc New York, NY | $6,942,203 | $8,765,752 |
Hotel Association Of New York City Inc New York, NY | $10,787,267 | $6,155,523 |