Bloomfield Development Corporation
Nonprofit profile at a glance
- EIN
- 205817024
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025
- Location
- Pittsburgh, PA, USA
- Phone
- 4126818800
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $161,224
- Expenses
- $126,626
- Assets
- $33,909
- Liabilities
- $173,732
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
16 people listed
People named in this filing
- DAVID MAYNARD (CHAIR)
- RYAN LEVERETT-PTAK (TREASURER)
- PEDRAM HARESIGN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the bloomfield development corporation (bdc) is to build a thriving, diverse community through equitable engagement, with the vision of bloomfield where everyone can build a home, a business, and a future. The organization espouses these values: inclusion: bdc welcomes and values people of all backgrounds, identities, and socioeconomic groups. Livability: bdc advocates for physical accessibility and the overall health of the community. Stewardship: bdc strives to maintain the texture of the neighborhood and embrace bloomfield's histroical richness. Transparency: bdc opens their internal processes to the community. Equity: bdc fosters community-oriented development centered on diversity and equal opportunity. Sustainability: bdc efficiently uses resources to maximize benefits to our organization, community, and environment.
What it reported doing in 2025
Saturday market: a year-round farmers market, this program provides 2 matching on every 5 snap funds, as well as offering weekly health and wellness programming. It supports the local food system, draws new visitors to bloomfield, and brings new customers to our brick and mortar businesses by offering them free stalls 4 times each year.
Operating model
- Revenue model
- Earned-program. 79% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 100
- Sustainability: 49
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.8%; rating input score 68
- Program expense ratio: 86.4%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 21.5%; rating input score 73; 73rd percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 5.12; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 4.1% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 4.8% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 2.6% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 67.8% of revenue deployed · 86.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $109K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2012 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.