NonprofitsRising Tide Partners

Housing & Shelter

Rising Tide Partners

PITTSBURGH, PA

Total revenue

$3.8M

Total expenses

$3.0M

Net assets

$3.1M

Grants received

$4.7M

12 grants

EIN

844895049

Tax year

2024

Mission

Rising tide partners advances the revitalization of distressed neighborhoods in the pittsburgh region by preserving and improving affordable housing, preventing the displacement of existing residents and addressingblighted properties.

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue$163K
Investment income
Other revenue$328K
Total revenue$3.8M

Expenses

Grants paid
Salaries & benefits$1.1M
Fundraising$33K
Other expenses$1.9M
Total expenses$3.0M
Total assets$26.8M
Net assets$3.1M

People

9 listed

NameRoleCompensation

KENDALL PELLING

EXECUTIVE DIRECTOR

Board

$120K

40 hrs/wk

SARAH DIELEMAN PERRY

MEMBER

Board

1 hrs/wk

THOMAS YARGO

MEMBER

Board

1 hrs/wk

RAY BAUM

MEMBER

Board

1 hrs/wk

MAELENE MYERS

MEMBER

Board

1 hrs/wk

TAMMY THOMPSON

PRESIDENT

Board

2 hrs/wk

WILLIAM KRAHE

SECRETARY

Board

1 hrs/wk

MICHAEL GODWIN

MEMBER

Board

1 hrs/wk

IRENE MCGLAUGHLIN CLARK

TREASURER

Board

1 hrs/wk

Independent contractors

SHAPE DEVELOPMENT GROUP

CONTRACTING

$362K

ROBERT MATUSZEWSKI

CONTRACTING

$346K

COBB COUNSEL LLC

LEGAL

$211K

Grants received

Showing 12 of 12

FromAmountPurposeYear
$1M
HOUSING FOR THOSE EXPERIENCING HOMELESSNESS
2024
$150K
TO SUPPORT PROPERTY ACQUISITION THROUGH ONS HOMES LLC AND SERVE AS THE ONE NORTHSIDE "PLACE ANCHOR"
2023
$150K
FOR FOLLOW ON OPERATING SUPPORT IN EFFORTS TO PRESERVE NATURALLY OCCURRING AFFORDABLE HOUSING, HELP RESTORE COMMUNITIES AND PREVENT DISPLACEMENT OF LOW-INCOME RESIDENTS
2023
$100K
LOW-INCOME AND SUBSIDIZED RENTAL HOUSING
2023
$2M
CAPITAL AND CAPACITY FOR AFFORDABLE HOUSING PRESERVATION
2022
$250K
TO SUPPORT THE CREATION OF A NEW CITY-WIDE COMMUNITY DEVELOPMENT NONPROFIT THAT PARTNERS WITH LOCAL NEIGHBORHOOD GROUPS TO BRING SCALED REAL ESTATE DEVELOPMENT SOLUTIONS TO STRATEGIC LOCATIONS WHERE PUBLIC, PRIVATE AND COMMUNITY INTERESTS ARE ALIGNED
2022
$150K
TO SUPPORT THE PRIMARY "PLACE" ANCHOR PARTNER AND TO OPERATE THE NEW ONS HOMES LLC
2022
$250K
TO SUPPORT THE CREATION OF A NEW CITY-WIDE COMMUNITY DEVELOPMENT NONPROFIT THAT PARTNERS WITH LOCAL NEIGHBORHOOD GROUPS TO BRING SCALED REAL ESTATE DEVELOPMENT SOLUTIONS TO STRATEGIC LOCATIONS WHERE PUBLIC, PRIVATE AND COMMUNITY INTERESTS ARE ALIGNED
2021
$250K
TO SUPPORT THE CREATION OF A NEW CITY-WIDE COMMUNITY DEVELOPMENT NONPROFIT THAT PARTNERS WITH LOCAL NEIGHBORHOOD GROUPS TO BRING SCALED REAL ESTATE DEVELOPMENT SOLUTIONS TO STRATEGIC LOCATIONS WHERE PUBLIC, PRIVATE AND COMMUNITY INTERESTS ARE ALIGNED
2021
$73K
COMMUNITY DEVELOPMENT
2021
$250K
TO SUPPORT THE CREATION OF A NEW CITY-WIDE COMMUNITY DEVELOPMENT NONPROFIT THAT PARTNERS WITH LOCAL NEIGHBORHOOD GROUPS TO BRING SCALED REAL ESTATE DEVELOPMENT SOLUTIONS TO STRATEGIC LOCATIONS WHERE PUBLIC, PRIVATE AND COMMUNITY INTERESTS ARE ALIGNED
2020
$77K
REAL ESTATE PRE-DEVELOPMENT
2020

Funded by

$4.7M from 6 funders · 12 grants · 2020–2024

Hillman Family Foundations

$3M · 2 grants · 2022–2024

The Heinz Endowments

$1.1M · 5 grants · 2020–2023

The Buhl Foundation

$300K · 2 grants · 2022–2023

The Pittsburgh Foundation

$100K · 1 grant · 2023

Bridgeway Capital Inc

$77K · 1 grant · 2020

Operation Better Block Inc

$73K · 1 grant · 2021

Details

EIN844895049
NTEE codeL21
Subsection03
Ruling date2021-08
Formed2020
Employees13
Volunteers0
RISING TIDE PARTNERS — Mission, Financials & Grants Received | Grantivo