philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Bridgeway Development Corporation FY2024 filing

Not tax-deductible

Pittsburgh, PAMutual-benefit / member-servingCommunity Development EIN 80-0842724Revenue $744K in FY2024Latest return filed Mar 7, 2026

On file with the IRSbridgewaycapital.orgPittsburgh, PATax-exempt since Feb 2016

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $500 a year.

How does your 990 look to donors? Take the 10-Question Audit

The mission of Bridgeway Development Corporation is to own, operate and develop commercial rental real estate for small businesses, to supply healthy foods, to provide low-income housing, to support nonprofit service providers, to create jobs, and to help revitalize low-income communities.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0842724) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $515K a year · 64% of revenue · last 6 filings
A surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Cash reserves
2.6 mo
of spending, in cash
2.6 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$1.2M
10% of total assets
Liabilities are 10% of assets.
Pt X · Ln 26
Independent board members
2
of 3 voting members
2 of 3 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$744K
+5% vs prior year
Spent
$1.3M
Net assets
$10.1M
By yearFY2020–FY2025
Revenue
$744K
FY2024▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$718K
FY2021$811K
FY2022$795K
FY2023$705K
FY2024$744K
FY2025$1.1M
Expenses
$1.3M
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.1M
FY2021$1.2M
FY2022$1.6M
FY2023$1.3M
FY2024$1.3M
FY2025$1.5M
Net assets
$10.1M
FY2024▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.5M
FY2021$5.1M
FY2022$11.0M
FY2023$10.4M
FY2024$10.1M
FY2025$11.9M

From the FY2024 Form 990 (year ending September 2024) · figures checked against the IRS filing · see the original

Visit site Support Claim
You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Scott Langill
Treasurer
$0Pt VII · Sec A
Jacob Sault Controller
(thru 9/24), CFO (as of 9/24)
$0Pt VII · Sec A
See Bridgeway Development Corporation executive salaries →

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 15aNo

Programs and updates

Develops and operates real estate to provide housing, healthy food, jobs, and support for small businesses and nonprofits.

Questions for Bridgeway Development Corporation

Tap to ask. Bridgeway Development Corporation sees how many people are interested.

Your first name shows with your question. Bridgeway Development Corporation answers here, for everyone.

1 program · in their own filed words · FY2023
01

Bridgeway development corporation owns and operates a commercial real estate property in pittsburgh, pa as a space for small businesses and nonprofit companies in a low-income community.

Form 990 Part III, line 4, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0842724) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$744K
Ln 12
Fees for servicesLn 2g$737K
Investment incomeLn 3$6K
Money outPt IX
$1.3M
Ln 25
Owns and owesPt X
$10.1M
net assets · Ln 32
Cash and savingsLn 1–2$268K
Total assetsLn 16$11.3M
LiabilitiesLn 26$1.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$737K
Investment incomeLn 3$6K
Total revenueLn 12$744K
Assets in detailPt X, end of year
CashLn 1$45K
SavingsLn 2$222K
Cash and savings togetherLn 1–2$268K
Accounts receivableLn 4$11K
Prepaid expenses and deferred chargesLn 9$124K
Land, buildings, equipmentLn 10c$10.9M
Total assetsLn 16$11.3M
LiabilitiesLn 26$1.2M
Net assetsLn 32$10.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$190K$268K
Land, buildings, equipmentLn 10c$11.3M$10.9M
Total assetsLn 16$11.6M$11.3M
LiabilitiesLn 26$1.2M$1.2M
Net assetsLn 32$10.4M$10.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Management feesLn 11a$139K
Accounting feesLn 11c$3K
Other fees for servicesLn 11g$42K
Office expensesLn 13$11K
Information technologyLn 14$93
OccupancyLn 16$149K
TravelLn 17$336
InterestLn 20$3K
Depreciation, depletion and amortizationLn 22$678K
InsuranceLn 23$38K
Other expenses (24a–d)Ln 24$194K
All other expensesLn 24e$1K
Total functional expensesLn 25$1.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 7, 2026 $1.1M$1.5M−$446K$11.9M 990 PDF
FY2024 ViewingFiled with the IRS Feb 26, 2025 $744K$1.3M−$515K$10.1M 990 PDF
FY2023Filed with the IRS Feb 14, 2024 $705K$1.3M−$579K$10.4M 990 PDF
FY2022Filed with the IRS Feb 15, 2023 $795K$1.6M−$793K$11.0M 990 PDF
FY2021Filed with the IRS Feb 15, 2022 $811K$1.2M−$377K$5.1M 990 PDF
FY2020Filed with the IRS Feb 16, 2021 $718K$1.1M−$380K$2.5M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $743,507 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $698,277$737,260
I-10 Investment incomePrior year $6,740$6,247
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $705,017$743,507
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,284,498$1,258,248
I-18 Total expensesPrior year $1,284,498$1,258,248
I-19 Revenue less expensesPrior year −$579,481−$514,741
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $743,507 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $737,260$737,260
VIII-3 Investment incomeExcluded from tax $6,247$6,247
VIII-12 Total revenueRelated to mission $737,260 · Unrelated business $0 · Excluded from tax $6,247$743,507
Part IX · Statement of functional expenses $1,258,248 across 12 lines filed
IX-11a Management fees$139,003
IX-11c Accounting fees$3,250
IX-11g Other fees for services$42,023
IX-13 Office expenses$10,614
IX-14 Information technology$93
IX-16 Occupancy$148,848
IX-17 Travel$336
IX-20 Interest$2,934
IX-22 Depreciation, depletion and amortization$677,544
IX-23 Insurance$38,222
IX-24 Other expenses (24a–d)$194,277
IX-24e All other expenses$1,104
IX-25 Total functional expenses$1,258,248
Part X · Balance sheet $11,306,392 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $29,391$45,496
X-2 Savings and temporary cash investmentsStart of year $160,894$222,141
X-4 Accounts receivableStart of year $5,241$11,311
X-9 Prepaid expenses and deferred chargesStart of year $112,458$123,675
X-10c Land, buildings and equipment, netStart of year $11,330,775$10,903,769
X-16 Total assetsStart of year $11,638,759$11,306,392
X-17 Accounts payable and accrued expensesStart of year $882,775$911,542
X-19 Deferred revenueStart of year $10,123$12,534
X-25 Other liabilitiesStart of year $338,414$258,740
X-26 Total liabilitiesStart of year $1,231,312$1,182,816
X-27 Net assets without donor restrictionsStart of year $10,407,447$10,123,576
X-32 Total net assets or fund balancesStart of year $10,407,447$10,123,576
X-33 Total liabilities and net assetsStart of year $11,638,759$11,306,392
Part XI · Reconciliation of net assets $10,123,576 net assets at year end
XI-1 Total revenue$743,507
XI-2 Total expenses$1,258,248
XI-3 Revenue less expenses−$514,741
XI-4 Net assets at start of year$10,407,447
XI-9 Other changes in net assets$230,870
XI-10 Net assets at end of year$10,123,576

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.