Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
39 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Who runs it and what they're paid
10 people listed on the 990; $510K paid to officers and key staff.
Compensation history total reportable pay by year · 3 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| James F Jordan | — | — | — | $273,622 | $355,230 |
| Diana Cugliari | $205,585 | $234,080 | $229,333 | $193,355 | $139,529 |
| Alan West | — | $151,502 | $156,563 | $141,619 | $130,518 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Fosters development of the Western Pennsylvania life sciences industry.
This section is blank until Pittsburgh Life Sciences Greenhouse claims this page.
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Accelerator Funds
PLSG, through its disregarded entity PLSG accelerator fund management, LLC, manages the PLSG accelerator fund, LLC and accelerator fund ii, LLC in return for a management fee for the services provided. The funds make later-stage investments in life science companies.
On november 18, 2024, the board of directors formally approved a resolution to cease operations and liquidate the organization as soon as administratively possible. Therefore, management began process of liquidation during 2025 with final distribution occuring in november 2025.
Executive program provides seasoned life sciences executives as executives in residence (eir) to early stage life sciences companies. The value of services provided free of charge to 27 companies was over $480,000 in the current year. Since inception, PLSG eir's have provided 505 companies with over $14 million of services.
Health it pittsburgh is a cluster initiative committed to connect healthcare & information technology, growing companies, developing the workforce and creating jobs in western pennsylvania.
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Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | −$158K | $640K | −$798K | −$632K | 990 PDF |
| FY2023 | −$897K | $1.0M | −$1.9M | −$3.7M | 990 PDF |
| FY2022 | −$943K | $1.9M | −$2.8M | −$2.2M | 990 PDF |
| FY2021 | −$149K | $2.1M | −$2.2M | $1.7M | 990 PDF |
| FY2020 | $1.5M | $1.8M | −$351K | −$824K | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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