NonprofitsSpedd Inc

Community Improvement & Capacity Building

Spedd Inc

VANDERGRIFT, PA

Total revenue

$4.0M

Total expenses

$2.9M

Net assets

$15.0M

Grants received

EIN

251188760

Tax year

2023

Mission

To increase employment opportunities and improve deteriorating neighborhoods in western pennsylvania through the rehabilitation of neglected industrial and commercial properties into business incubators and new venture facilities which assist small business in growing and creating jobs.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$1.1M
Other revenue
Total revenue$4.0M

Expenses

Grants paid
Salaries & benefits$542K
Fundraising$3K
Other expenses$2.3M
Total expenses$2.9M
Total assets$28.6M
Net assets$15.0M

People

3 listed

NameRoleCompensation

JEROME D LOMBARDI

PRESIDENT, C

Board

$259K

40 hrs/wk

KIMBERLY AMENT

DIRECTOR

Board

$118K

40 hrs/wk

ELIZABETH MARTIN

DIRECTOR

Board

$103K

40 hrs/wk

Details

EIN251188760
NTEE codeS43Z
Subsection03
Ruling date1971-01
Formed1967
Employees3
SPEDD INC — Mission, Financials & Grants Received | Grantivo