Pittsburgh Robotics Network
- Assets
- $320.3k
- Revenue
- $436.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 82-4942845
Organization Overview
Pittsburgh Robotics Network is located in Pittsburgh, PA. The organization was established in 2019. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Pittsburgh Robotics Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ACCELERATE THE ADOPTION OF ROBOTIC SOLUTIONS BY BRIDGING THIS LARGE AND DYNAMIC COMMUNITY TO THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PITTSBURGH ROBOTICS NETWORK FACILITATES CONNECTIONS BETWEEN MEMBERS AND STAKEHOLDERS BY HOLDING RECRUITING, MEMBERSHIP, MEDIA, AND NETWORKING EVENTS TO FOSTER RELATIONSHIPS IN PITTSBURGH AND AROUND THE WORLD, FURTHER ACCELERATING OPPORTUNITIES FOR BUSINESS GROWTH AND DEVELOPMENT. THE PITTSBURGH ROBOTICS NETWORK PROVIDES EXCLUSIVE ACCESS TO MEMBER-ONLY EVENTS AND PROGRAMS CENTERED ON KNOWLEDGE-SHARING AND COLLABORATION TO POSITIVELY INFLUENCE THE DEVELOPMENT AND ADOPTION OF ROBOTIC AND ARTIFICIAL INTELLIGENCE (AI) TECHNOLOGIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Reed Executive Director (enter 8/21) | OfficerTrustee | 40 | $116,688 |
Kevin Dowling President | OfficerTrustee | 1.5 | $0 |
Jorgen Pedersen Secretary (enter 8/21) | OfficerTrustee | 1.5 | $0 |
Parag Batavia Treasurer (enter 8/21) | OfficerTrustee | 1.5 | $0 |
Marcel Bergerman Director (enter 8/21) | Trustee | 0.5 | $0 |
Bruce Childers Director (enter 8/21) | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $265,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,000 |
| Total Program Service Revenue | $170,775 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $345 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $436,120 |
| 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. | $116,688 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $93,652 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,015 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $56,239 |
| Office expenses | $198 |
| Information technology | $1,216 |
| Royalties | $0 |
| Occupancy | $4,190 |
| Travel | $258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,699 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $53 |
| All other expenses | $4,135 |
| Total functional expenses | $308,343 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,740 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $235,532 |
| Accounts receivable, net | $40,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,364 |
| Prepaid expenses and deferred charges | $683 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $320,319 |
| Accounts payable and accrued expenses | $46,223 |
| Grants payable | $0 |
| Deferred revenue | $163,167 |
| 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 | $0 |
| Total liabilities | $209,390 |
| Net assets without donor restrictions | $110,929 |
| 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 | $320,319 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pittsburgh Robotics Network has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Carnegie Mellon University Pittsburgh, PA PURPOSE: PROGRAM SERVICE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conference Board Inc New York, NY | $64,541,991 | $72,603,284 |
Securities Industry And Financial Markets Association Inc New York, NY | $42,827,387 | $47,657,181 |
34th Street Partnership Inc New York, NY | $17,652,180 | $14,359,330 |
Grand Central Partnership Inc New York, NY | $10,906,247 | $13,880,529 |
Pennsylvania Compensation Rating Bureau Philadelphia, PA | $10,444,965 | $13,500,527 |
Greenpoint Manufacturing And Design Center Local Development Corp Gmdc Brooklyn, NY | $54,916,417 | $14,539,539 |
Can Do Inc Hazleton, PA | $88,120,031 | $19,938,198 |
York County Economic Alliance York, PA | $4,435,375 | $9,671,986 |
Ascendus Inc New York, NY | $45,777,812 | $14,588,685 |
Bridgeway Capital Inc Pittsburgh, PA | $100,800,088 | $11,446,748 |
Altoona-Blair County Development Corporation Altoona, PA | $122,969,142 | $33,416,279 |
Greater Wilkes-Barre Industrial Fund Inc Wilkesbarre, PA | $1,685,287 | $7,409,722 |