Philadelphia Hospitality Investment Levy logo

Philadelphia Hospitality Investment Levy

PHILADELPHIA, PA EIN: 82-2062953 Website

TO PROMOTE THE COMMON INTERESTS OF, AND IMPROVE BUSINESS CONDITIONS FOR, PHILADELPHIA HOTELS THROUGH THE DEVELOPMENT AND OPERATION OF THE PHILADELPHIA HOSPITALITY IMPROVEMENT LEVY DISTRICT (PHIL DISTRICT) AND OTHER PROGRAMS AND INTIATIVES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$23.3M

+21.5% YoY

Annual Giving

$3.3M

+430.8% YoY

Grant Count

14

+75.0% YoY

Avg Grant Size

$235K

+203.3% YoY

About Philadelphia Hospitality Investment Levy

Based on IRS filings

Philadelphia Hospitality Investment Levy is a nonprofit organization focused on Community Improvement & Capacity Building, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $23.3M in total assets. In 2024, it awarded 14 grants totaling $3.3M. Net investment income was $1.0M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

13states
+5 more states

Cities

AtlantaAustinBaltimoreBeavertonBurlingtonChicagoEnglewoodLake SuccessMilwaukeeNew YorkNorwalkPhiladelphiaPortageRockvilleWallkillWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$23,272,432$19,159,245$12,786,846
Revenue$7,083,260$6,478,962$5,441,846
Expenses$3,943,526$1,189,722$2,180,151
Qualifying Distributions
Net Investment Income$1,002,113$585,847$427,486
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$821K$2M$2M$3M1 grants20201 grants20214 grants20228 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Philadelphia Convention …$871KPhiladelphia Soccer 2026$850KVisit Philadelphia$500KChristian Congregation o…$275KSEIU$200KAlzheimer's ASSOCIATION$150KParkway Council Foundation$100KOpus Solutions LLC$100KEast Coast Volleyball$57KAssociation for Behavior…$55K

Grant Size Distribution

28 grants across all recorded years

10<$50K4$50–100K5$100–250K3$250–500K4$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD GROSEPRESIDENT & CEO1
LEONARD BUCKLEYBOARD MEMBER1
Angela valBOARD MEMBER1
REGINALD ARCHAMBAULTBOARD MEMBER1
JAMES ADAMSONBOARD MEMBER1
JO ANN BONGARTBOARD MEMBER1
SEBASTIEN PLOSSBOARD MEMBER1
MATT NELSONBOARD MEMBER1
DARRYLL ADAMSBOARD MEMBER1
KEN REEDBOARD MEMBER1
ED BATENBOARD MEMBER1
DEREK BECKMANBOARD MEMBER1
KEN LANIGANBOARD MEMBER1
JIM SALVOBOARD MEMBER1
MICHAEL RYANBOARD MEMBER1
CHARLES GOLDBERGBoard Member1
ALBA MARTINEZBoard Member1
GREGG CARENboard member1
John J Mcnicholboard member1
JOSHUA RUECKHEIMFINANCE DIRECTOR40

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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