Philadelphia Industrial Development Corporation
PHILADELPHIA INDUSTRIAL DEVELOPMENT is a Philadelphia-based public charity that plans and implements economic development initiatives. Its 2024 filing describes a mission of strengthening Philadelphia’s competitive environment, generating jobs, and increasing tax ratables. The organization’s website identifies PIDC as Philadelphia’s public-private economic development corporation, serving businesses, developers, and nonprofits.
Key facts about Philadelphia Industrial Development Corporation
In short: Philadelphia Industrial Development Corporation gave $2.2M across 18 grants in 2024 (avg $125K), mostly in Montana. Source: 2024 IRS Form 990.
- EIN
- 23-6050858
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $2,243,147
- Grants made (2024)
- 18
- Average grant
- $124,619
- Median grant
- $33,009
- Total assets
- $64,901,333
- Primary geography
- Montana (69% of itemized 2024 grant dollars)
- Next open deadline
- March 31, 2027 (PIDC-D'Alessio Scholarship for Urban Development)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$64.9M
+62.5% YoY
Annual Giving
$2.2M
+61.3% YoY
Grant Count
18
-25.0% YoY
Avg Grant Size
$125K
+115.1% YoY
How Philadelphia Industrial Development Corporation gives
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The organization’s filing says PIDC and its affiliates provide flexible, affordable capital where traditional financing is difficult to access or does not meet an owner’s needs. Its stated work includes supporting business growth and resilience, financing community-oriented development, and helping businesses and nonprofits through funding resources, education, and technical assistance. The filing also describes efforts to bring underused assets into productive use and support job-creating real estate development.
PIDC’s website describes financing for businesses, nonprofits, and real estate projects, including business loans, commercial real estate, and tax-exempt bond financing. It also administers grant initiatives for partners; examples include the Commonwealth-funded Redevelopment Assistance Capital Program and stormwater grants offered with the Philadelphia Water Department. PIDC says grant eligibility and recipient selection are generally determined by its partners, not by PIDC.
Among the organizations receiving a 2024 grant, Parkway Council Foundation described its mission as accelerating the transformation of Philadelphia’s Benjamin Franklin Parkway into a great urban park for all.
Grantmaking
In filing year 2024, the organization reported 18 grants totaling **$2,243,147**. Grant amounts ranged from **$9,000 to $1,552,374**, with a median of **$33,008**. The largest listed grant was **$1,552,374** to Submittable Holdings Inc. in Missoula, Montana, for economic development and support for growing businesses. Other large grants included **$88,444** to the Philadelphia Authority for Industrial Development; **$87,003** to Montgomery County Commerce Department; **$80,348** to Chester County Economic Development Foundation; and **$78,964** to Bucks County Economic Development Corporation. Each was listed for economic development and support for growing businesses.
Open Grants
5 open opportunities from Philadelphia Industrial Development Corporation
Philadelphia Diverse Emerging Leaders (PhiDEL) Scholarship & Internship Program
Philadelphia Industrial Development Corporation
Amount
Up to $5,000 per scholarship (up to 2 awarded) plus funded internship
Deadline
Rolling / Open
PIDC-D'Alessio Scholarship for Urban Development
Philadelphia Industrial Development Corporation
Amount
Up to $2,500 per scholarship (up to 2 awarded)
Deadline
March 31, 2027
Redevelopment Assistance Capital Program (RACP)
Philadelphia Industrial Development Corporation
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with Philadelphia Industrial Development Corporation?
Geographic Focus
Where this funder awards grants
PIDC’s stated economic development work centers on Philadelphia. Its website says it works with businesses and nonprofits in the city, including those planning to locate there. The 2024 grant filing shows recipients in Montana, Pennsylvania, New Jersey, and Maryland; grant dollars were distributed among those states as follows: Montana 69%, Pennsylvania 25%, New Jersey 4%, and Maryland 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8K (2020) to $2.5M (2022). In 2024 it made 18 grants totaling $2.2M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Submittable Holdings Inc ($1.6M). Together the top 10 received $2.1M.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 60 grants of 83 (72%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Submittable Holdings Inc Missoula, MT | Economic Development and Supporting Growing Businesses | $1,552,374 |
| Philadelphia Authority for Industrial Development Philadelphia, PA | Economic Development and Supporting Growing Businesses | $88,444 |
| Montgomery County Commerce Dept Norristown, PA | Economic Development and Supporting Growing Businesses | $87,003 |
| Chester County Economic Dev Foundation Exton, PA | Economic Development and Supporting Growing Businesses | $80,348 |
| Bucks County Econ Dev Corp Doyleston, PA | Economic Development and Supporting Growing Businesses | $78,964 |
| Alvin Pettit Studio LLC Jersey City, NJ | Economic Development and Supporting Growing Businesses | $75,000 |
| Delaware County Edob Media, PA | Economic Development and Supporting Growing Businesses | $67,330 |
| Ecomap Technologies Inc Baltimore, MD | Economic Development and Supporting Growing Businesses | $50,000 |
| Greater Berks Dev Fund Reading, PA | Economic Development and Supporting Growing Businesses | $46,017 |
| Live Girls Band LLC Philadelphia, PA | Economic Development and Supporting Growing Businesses | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses |
|---|---|---|---|
| 2024 | $64,901,333 | $28,875,003 | $24,193,211 |
| 2023 | $39,947,016 | $20,971,900 | $21,088,394 |
| 2022 | $41,210,831 | $17,764,244 | $17,955,296 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $64,901,333 | $39,947,016 | $41,210,831 |
| Revenue | $28,875,003 | $20,971,900 | $17,764,244 |
| Expenses | $24,193,211 | $21,088,394 | $17,955,296 |
| Net Investment Income | $429,320 | $351,545 | $53,314 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Salvatore J. Patti as chair, Andrea Allon as vice-chair through June 2024, and Kevin R. Boyle as secretary. Directors listed are Miguel Alban, the Honorable Cindy Bass, Emily Bittenbender, Anne Brooks, Chellie Cameron, Craig Carnaroli, and Dominique Casimir.
Philadelphia Industrial Development Corporation is led by Jodie Harris, President on every filing since 2023; 16 of 47 officers listed in 2024 are compensated.
Officers on the 2024 filing
Jodie Harris
President
On filings since 2023
24.5 hrs/week
$188K (2023) → $341K (2024)
Salvatore J. Patti
Chair
On filings since 2020
0.2 hrs/week
No compensation reported
Thomas Ak Queenan
Director
Treasurer & Svp-Coo → Director, 2023
On filings since 2020
0.1 hrs/week
$255K (2020) → $0 (2024)
Angelo R. Perryman
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Bret Perkins
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Brian T. Keech
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Craig R. Carnaroli
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Fred Cosenza
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Jay Goldstein
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Leroy E. Jones
Director
On filings since 2020
0.1 hrs/week
No compensation reported
Rob Dubow
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Suzanne S. Mayes Esq.
Director
On filings since 2020
0.2 hrs/week
No compensation reported
Dominique Casimir
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Lee Huang
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Juan Lopez
Director
On filings since 2022
0.2 hrs/week
No compensation reported
Emily Bittenbender
Director
On filings since 2023
0.2 hrs/week
No compensation reported
Jovan Goldstein
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Miguel Alban
Director
On filings since 2023
0.1 hrs/week
No compensation reported
Adam Thiel
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Alba Martinez
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Anne Brooks
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Chellie Cameron
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Douglas Oliver
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Honorable Cherelle Parker
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Honorable Cindy Bass
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Honorable Michael Driscoll
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Jessie Lawrence
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
John Mondlak
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Renee Garcia Esq.
Director
New on the 2024 filing
0.2 hrs/week
No compensation reported
Sun Lee
Director
New on the 2024 filing
0.1 hrs/week
No compensation reported
Christopher Chaplin
Vice President
Vice President → Vice President - Portfolio Management, 2023
Vice President - Portfolio Management → Vice President, 2024
On filings since 2020
33.5 hrs/week
$147K (2020) → $157K (2024)
Ilene Burak
Executive Vice President
Svp- Legal Counsel → Senior Vice President & General Counsel, 2023
Senior Vice President & General Counsel → Executive Vice President, 2024
On filings since 2020
33.5 hrs/week
$218K (2020) → $224K (2024)
Kathleen McNamara
Senior Vice President
Svp- Navy Yard → Executive Vice President - the Navy Yard, 2023
Executive Vice President - the Navy Yard → Senior Vice President, 2024
On filings since 2020
33.5 hrs/week
$210K (2020) → $227K (2024)
Marla Hamilton
Senior Vice President
Svp- Client Engagement → Senior Vice President - Client Engagement, 2023
Senior Vice President - Client Engagement → Senior Vice President, 2024
On filings since 2020
37.5 hrs/week
$191K (2020) → $209K (2024)
Marquis T. Upshur
Senior Vice President
Svp- Human Resources → Senior Vice President - Human Resources, 2023
Senior Vice President - Human Resources → Senior Vice President, 2024
On filings since 2020
37.5 hrs/week
$138K (2020) → $196K (2024)
Shayne Moore
Senior Vice President
Svp- Info Technology → Senior Vice President - Information Technolgy, 2023
Senior Vice President - Information Technolgy → Senior Vice President, 2024
On filings since 2020
33.5 hrs/week
$154K (2020) → $208K (2024)
Thomas J. Dalfo
Senior Vice President
Svp- Real Estate Services → Senior Vice President - Real Estate Services, 2023
Senior Vice President - Real Estate Services → Senior Vice President, 2024
On filings since 2020
33.5 hrs/week
$199K (2020) → $211K (2024)
Anya Morrison Davis
Vice President
Vice President & Assistant General Counsel → Vice President, 2024
On filings since 2022
33.5 hrs/week
$164K (2022) → $138K (2024)
Jennifer Lucas Crowther
Senior Vice President
Svp- Capitalization & Impact → Senior Vice President, 2024
On filings since 2022
14.5 hrs/week
$165K (2022) → $161K (2024)
Kevin Lessard
Vice President
Vice President, Marketing & Communications → Vice President, 2024
On filings since 2023
37.5 hrs/week
$147K (2023) → $179K (2024)
Lawrence McComie
Senior Vice President
Senior Vice President & Chief Credit Officer → Senior Vice President, 2024
On filings since 2023
24.5 hrs/week
$202K (2023) → $218K (2024)
Amy C. Leichner
Executive Vice President & CFO
New on the 2024 filing
20.5 hrs/week
$55K (2024)
Heather Hanowitz
Vice President
New on the 2024 filing
24.5 hrs/week
$159K (2024)
Samuel Rhoads
Executive Vice President
New on the 2024 filing
24.5 hrs/week
$291K (2024)
Scott Dever
Vice President
New on the 2024 filing
37.5 hrs/week
$161K (2024)
Andrea R. Allon
Vice Chair
On filings since 2020
0.2 hrs/week
No compensation reported
Kevin R. Boyle
Secretary
Director → Secretary, 2022
On filings since 2020
0.2 hrs/week
No compensation reported
Former officers (34)
- Former: Angie Fredrickson (2020–2023) — Vice President & Real Estate
- Former: Anne Fadullon (2020–2023) — Director
- Former: Anne K. Nadol (2020–2023) — Director
- Former: Anne Nevins (2020–2023) — President
- Former: Diana P. Cortes Esq. (2020–2023) — Director
- Former: Elizabeth A. Murphy (2020–2023) — Director
- Former: Honorable Curtis Jones Jr. (2020–2023) — Director
- Former: Honorable Darrell L. Clarke (2020–2023) — Director
- Former: Honorable James F. Kenney (2020–2023) — Director
- Former: Honorable Kenyatta Johnson (2020–2023) — Director
- Former: Nicole Hennessy (2020–2023) — Vice President - Controller
- Former: Reginald C. Fuller III (2020–2023) — Director
- Former: Sam Rhoads (2020–2023) — Executive Vice President
- Former: Tiffany Canady (2020–2023) — Senior Vice President - CFO
- Former: Tumar Alexander (2020–2023) — Director
- Former: William R. Sautter (2020–2023) — Director
- Former: Cassie Gardner (2020–2022) — Assistant Secretary
- Former: Evelyn F. Smalls (2020–2022) — Director
- Former: Jennifer L. Maher Esq. (2020–2022) — Director
- Former: Michael K. Pearson (2020–2022) — Director
- Former: Robert C. Wonderling (2020–2022) — Director
- Former: Monica Trudeau (2022) — Senior Project Manager
- Former: Thomas Queenanthru (2022) — Treasurer & Svp-Coo
- Former: Bob Moul (2020–2021) — Director
- Former: Christina Cavalieri (2020–2021) — Director
- Former: Michael Rashid (2020–2021) — Director
- Former: Terry Booker (2020–2021) — Secretary
- Former: Brian Abernathy (2020) — Director
- Former: Harold Epps (2020) — Director
- Former: Honorable Jannie Blackwell (2020) — Director
- Former: John Grady (2020) — President
- Former: M. Walter D'alessio (2020) — Chair
- Former: Marcel S. Pratt (2020) — Director
- Former: Prema Gupta (2020) — Senior Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $341K, to Jodie Harris (President). 16 officers or directors reported compensation on that filing.
Contact
Mailing address: 1500 Market Street 3500W, Philadelphia, PA 19102
Phone: (215) 496-8020
Website: https://pidcphila.com
Frequently asked questions about Philadelphia Industrial Development Corporation
How much does Philadelphia Industrial Development Corporation give each year?
Philadelphia Industrial Development Corporation gave $2.2M across 18 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.4M across 24 grants.
What is Philadelphia Industrial Development Corporation's typical grant size?
Philadelphia Industrial Development Corporation's median grant in 2024 was $33,009, and its average grant was $124,619, across 18 grants on its 2024 IRS Form 990.
Where does Philadelphia Industrial Development Corporation give grants?
Philadelphia Industrial Development Corporation gives mostly in Montana: 69% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Pennsylvania (25%). The most frequent recipient cities were Philadelphia, PA (9 grants).
Does Philadelphia Industrial Development Corporation give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Philadelphia Industrial Development Corporation's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Economic Development and Supporting Growing Businesses" (18 grants).
Who are Philadelphia Industrial Development Corporation's largest grantees?
Philadelphia Industrial Development Corporation's largest 2024 grantees include Submittable Holdings Inc ($1,552,374), Philadelphia Authority for Industrial Development ($88,444) and Montgomery County Commerce Dept ($87,003), according to its 2024 IRS Form 990. Together they received 77% of its itemized 2024 grant dollars.
How large is Philadelphia Industrial Development Corporation?
Philadelphia Industrial Development Corporation reported $64.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $28.9M.
What does Philadelphia Industrial Development Corporation fund?
The organization’s filing says PIDC and its affiliates provide flexible, affordable capital where traditional financing is difficult to access or does not meet an owner’s needs. See mission & focus areas ↑
How do I apply for a grant from Philadelphia Industrial Development Corporation?
Philadelphia Industrial Development Corporation has no public application process in the sources Grantable reviewed. Check pidcphila.com for current guidelines, or contact the foundation directly before submitting a request.
What is Philadelphia Industrial Development Corporation's EIN?
Philadelphia Industrial Development Corporation's EIN (Employer Identification Number) is 23-6050858. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Philadelphia Industrial Development Corporation by hand.
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