2024-01-20T12:12:55-06:00 2023-06-30 231311005 BOYER & RITTER LLC 211 HOUSE AVENUE CAMP HILL PA 17011 990 2022-07-01 232876177 TEAM PENNSYLVANIA FOUNDATION TEAM 7172331375 240 NORTH THIRD STREET 2ND FLOOR HARRISBURG PA 17101 ABBY SMITH PRESIDENT & CEO 7172331375 2024-01-14 1 ABBY SMITH 999009999 1 DAVID J MANBECK CPA P00773661 7177617210 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ABBY SMITH 240 NORTH THIRD STREET 2ND FLOOR HARRISBURG PA 17101 8869756 0 X WWW.TEAMPA.COM X 1997 PA ACCELERATING PENNSYLVANIA'S ECONOMIC GROWTH THROUGH PUBLIC-PRIVATE PARTNERSHIP 45 45 10 70 0 0 764716 1199637 1744492 2465697 117595 1007684 71385 75015 2698188 4748033 0 0 0 0 702292 757820 0 0 78089 2141596 3706679 2843888 4464499 -145700 283534 11532580 10278739 2639796 1842284 8892784 8436455 X WORKING TOGETHER FOR ALL PENNSYLVANIANS IN PUBLIC-PRIVATE PARTNERSHIP, WE ACCELERATE THE COMMONWEALTH'S LONG-TERM ECONOMIC FUTURE 0 0 608284 614321 TOURISM AND ECONOMIC DEVELOPMENT PROGRAMSIN PARTNERSHIP WITH DCED, TEAM PENNSYLVANIA MANAGES SEVERAL PROGRAMS THAT PROMOTE TOURISM AND ECONOMIC DEVELOPMENT. PROGRAMS THAT SUPPORT TOURISM INCLUDE A CREATIVE PRODUCTION FOR A SEASONAL TOURISM CAMPAIGN, A GOVERNMENT-TO-BUSINESS CAMPAIGN THAT INCLUDES A CREATIVE PRODUCTION FOCUSED ON PRIORITY INDUSTRIES, AND A SITE SELECTOR PROGRAM THAT INCLUDES STRATEGIC SPONSORSHIPS AND METRO MISSIONS. PROGRAMS THAT SUPPORT ECONOMIC DEVELOPMENT PROVIDE SUPPORT FOR MARKETING, TECHNICAL ASSISTANCE, CONSULTING ENGAGEMENTS, COLLATERAL MATERIAL DEVELOPMENT, TRADE SHOWS AND OTHER ACTIVITIES. 1552919 1250000 DECARBONIZATION NETWORK OF APPALACHIA (DNA) HYDROGEN HUBTEAM PENNSYLVANIA JOINED INDUSTRY PARTNERS TO ESTABLISH THE DECARBONIZATION NETWORK OF APPALACHIA HYDROGEN HUB (DNA H2HUB). THE DNA H2 HUB REPRESENTS A COLLECTIVE VISION FOR EMISSIONS REDUCTION AND ECONOMIC REVITALIZATION DRIVEN BY INCREASED GDP, THE CREATION OF NEW FAMILY-SUSTAINING JOBS, AND NEW BUSINESS OPPORTUNITIES FOR LOCAL SUPPLY CHAINS. TEAM PENNSYLVANIA SERVES AS THE PRIMARY APPLICANT FOR FUNDING FROM THE U.S. DEPARTMENT OF ENERGY TO ESTABLISH THIS HUB IN THE TRI-STATE AREA OF PENNSYLVANIA, WEST VIRGINIA, AND OHIO. 669260 180326 POLICY ACTIVITIES: CROSS-SECTOR COLLABORATION AND COMPETITIVENESSTEAM PENNSYLVANIA'S WORK IS FOCUSED ON KEY HIGH-GROWTH ECONOMIC OPPORTUNITIES FOR PENNSYLVANIA IN AGRICULTURE, ENERGY, AND MANUFACTURING. IN EACH AREA, TEAM PENNSYLVANIA CONVENES CROSS-SECTOR COLLABORATIVES THAT BRING TOGETHER LEADERS FROM INDUSTRY, GOVERNMENT, ORGANIZED LABOR, NONPROFITS, AND ACADEMIA TO CREATE THE CONDITIONS FOR INNOVATIVE, TECHNOLOGICAL, AND MARKET-DRIVEN SOLUTIONS. THESE NETWORKS ARE DESIGNED TO MOBILIZE AND SUSTAIN THE LONG-TERM, PUBLIC-PRIVATE COMMITMENT NEEDED TO REALIZE THE ECONOMIC OPPORTUNITIES IN THESE HIGH-GROWTH SECTORS IN THE COMMONWEALTH. 462415 462415 EDA STATEWIDE ECONOMIC DEVELOPMENT PLANNING GRANTUSING FUNDS FROM A FEDERAL EDA STATEWIDE PLANNING GRANT, TEAM PENNSYLVANIA IS FOCUSING ON THE FOLLOWING THREE ACTIVITIES: LEADING, CONVENING, AND PLANNING ACTIVITIES IN ENERGY, A CRITICAL INDUSTRY SECTOR THAT HAS BEEN IDENTIFIED AS BENEFITTING FROM INVESTMENT AND PLANNING; SUPPORTING THE PENNSYLVANIA MANUFACTURING ADVISORY COUNCIL AND ISSUING A COMPREHENSIVE PLAYBOOK FOR MANUFACTURING IN THE COMMONWEALTH; AND CONDUCTING A LITERATURE REVIEW, EQUITY AUDIT, AND GAP ANALYSIS FOR PENNSYLVANIA'S COMPREHENSIVE ECONOMIC DEVELOPMENT STRATEGY (CEDS). 383092 33650 EARLY LEARNING INVESTMENT COMMISSIONTHE EARLY LEARNING INVESTMENT COMMISSION (ELIC) WAS CREATED BY EXECUTIVE ORDER 2008-08 TO BUILD A PARTNERSHIP BETWEEN THE PUBLIC SECTOR AND BUSINESS COMMUNITY ON THE VALUE OF PUBLIC INVESTMENT IN EARLY LEARNING, FOCUSING ON PRACTICES THAT ARE EDUCATIONALLY, ECONOMICALLY AND SCIENTIFICALLY SOUND. ELIC SEEKS TO IDENTIFY PUBLIC-PRIVATE STRATEGIES DEDICATED TO SUPPORTING AND ADVANCING PENNSYLVANIA'S EARLY LEARNING AND ECONOMIC DEVELOPMENT THROUGH SELECTED PROJECTS. 37590 0 GOVERNOR'S RESIDENCE SUPPORTTEAM PENNSYLVANIA PROVIDES SUPPORT TO THE GOVERNOR'S RESIDENCE, INCLUDING EVENTS AND ACTIVITIES THAT RECOGNIZE THE EFFORTS AND ACCOMPLISHMENTS OF EMPLOYEES AT THE RESIDENCE. 20442 0 INTERNATIONAL BUSINESS SUPPORTTEAM PENNSYLVANIA SUPPORTS DCED'S OFFICE OF INTERNATIONAL BUSINESS DEVELOPMENT (OIBD) IN THEIR EFFORTS TO INCREASE PENNSYLVANIA EXPORTS AND SECURE FOREIGN DIRECT INVESTMENT. 3825 0 DIGITAL LITERACYTEAM PENNSYLVANIA PROVIDES SUPPORT FOR THE CREATION OF THE FIRST STATEWIDE DIGITAL LITERACY BADGING SYSTEM FOR BOTH K-12 LEARNERS AND ADULTS THROUGH THE WORKFORCE DEVELOPMENT SYSTEM AND CONVENES A STATEWIDE NETWORK TO EXPAND AND ELEVATE DIGITAL LITERACY ACROSS PENNSYLVANIA. 907364 496065 3737827 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 67 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 45 45 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X ABBY SMITH PRESIDENT & CEO 7172331375 240 NORTH THIRD STREET 2ND FLOOR HARRISBURG PA 17101 BRIAN JACKSON CO-CHAIR 1.00 X X 0 0 0 HON JOSH SHAPIRO CO-CHAIR EFFECTIVE 1/2023 1.00 X X 0 0 0 HON TOM WOLF CO-CHAIR UNTIL 1/2023 1.00 X X 0 0 0 EDWIN HILL JR SECRETARY EFFECTIVE 6/2023 1.00 X X 0 0 0 STEPHEN S TANG SECRETARY UNTIL 6/2023 1.00 X X 0 0 0 TIFFANY WILSON TREASURER EFFECTIVE 6/2023 1.00 X X 0 0 0 SUSAN YEE TREASURER UNTIL 6/2023 1.00 X X 0 0 0 SHANNON MASSEY VICE-CHAIR EFFECTIVE 6/2023 1.00 X X 0 0 0 ANTHONY BARTOLOMEO DIRECTOR 1.00 X 0 0 0 NEELI BENDAPUDI DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 HON JENNIFER BERRIER DIRECTOR UNTIL 1/2023 1.00 X 0 0 0 JEFFREY BOMBICH DIRECTOR 1.00 X 0 0 0 SHEILAH BORNE DIRECTOR 1.00 X 0 0 0 KATHLEEN BRUNNER DIRECTOR 1.00 X 0 0 0 HON AMANDA CAPPELLETTI DIRECTOR 1.00 X 0 0 0 TIMOTHY CHARLESWORTH DIRECTOR 1.00 X 0 0 0 RONN CORT DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 DAVID DAVIS DIRECTOR 1.00 X 0 0 0 VINCE DELIE JR DIRECTOR 1.00 X 0 0 0 LISA DELL'ALBA DIRECTOR 1.00 X 0 0 0 MICHAEL DUCKER DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 JACQUELINE FIDLER DIRECTOR 1.00 X 0 0 0 HON VALERIE GAYDOS DIRECTOR 1.00 X 0 0 0 HON ERIC HAGARTY DIRECTOR UNTIL 1/2023 1.00 X 0 0 0 BERNIE HALL DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 GLENNIS HARRIS DIRECTOR 1.00 X 0 0 0 FARNAM JAHANIAN DIRECTOR 1.00 X 0 0 0 SANDEEPA KALEIDA DIRECTOR 1.00 X 0 0 0 HON PATTY KIM DIRECTOR 1.00 X 0 0 0 CHRIS MARSH DIRECTOR 1.00 X 0 0 0 KEN MASH DIRECTOR UNTIL 6/2023 1.00 X 0 0 0 STEPHEN MCKNIGHT DIRECTOR 1.00 X 0 0 0 HILARY MERCER DIRECTOR 1.00 X 0 0 0 HON KHALID MUMIN DIRECTOR EFFECTIVE 1/2023 1.00 X 0 0 0 JENNIFER MURPHY DIRECTOR 1.00 X 0 0 0 HAYLEY PAINTER DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 ERIC PATTON DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 GREG QUANDEL DIRECTOR UNTIL 1/2023 1.00 X 0 0 0 HON RUSSELL REDDING DIRECTOR 1.00 X 0 0 0 ERIC REED DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 JULIAN RITCHEY DIRECTOR UNTIL 6/2023 1.00 X 0 0 0 HON DEVLIN ROBINSON DIRECTOR 1.00 X 0 0 0 MELISSA SHAFER DIRECTOR 1.00 X 0 0 0 HON RICK SIGER DIRECTOR EFFECTIVE 1/2023 1.00 X 0 0 0 CHARLES SMITH DIRECTOR 1.00 X 0 0 0 MARY STENGEL AUSTEN DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 ART STEPHENS DIRECTOR 1.00 X 0 0 0 DARREN THOMPSON DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 KARLA TROTMAN DIRECTOR 1.00 X 0 0 0 EVAN URBANIA DIRECTOR EFFECTIVE 6/2023 1.00 X 0 0 0 HON NANCY WALKER DIRECTOR EFFECTIVE 1/2023 1.00 X 0 0 0 HON NEIL WEAVER DIRECTOR UNTIL 1/2023 1.00 X 0 0 0 PATRICK WITMER DIRECTOR 1.00 X 0 0 0 SCOTT WYMAN DIRECTOR 1.00 X 0 0 0 ABBY SMITH PRESIDENT & CEO 50.00 X 154393 0 0 JOHN PACKER CONTRACTED CFO 10.00 X 0 0 0 154393 0 0 1 0 1 0 RED HOUSE COMMUNICATIONS 1908 SARAH STREET PITTSBURGH PA 15203 CONSULTING SERVICES 818780 CENTER FOR REGIONAL ECONOMIC COMPETITIVE 1550 WILSON BOULEVARD SUITE 600 ARLINGTON VA 22209 CONSULTING SERVICES 184599 2 1199637 1199637 PA DCED TOURISM & ECONOMIC 900099 2342342 2342342 PA DCED NEW AMER. DEVEL. FUND 900099 72315 72315 PROGRAM SPONSORSHIP 900099 51040 51040 2465697 219876 219876 4909531 4121723 787808 787808 787808 MISCELLANEOUS INCOME 900099 75015 75015 75015 4748033 2540712 0 1007684 X 163643 109100 42432 12111 489765 326523 126994 36248 11582 7722 3003 857 42339 28227 10978 3134 50491 33321 13174 3996 46575 46575 18989 18989 19686 19686 26974 26974 2969189 2827055 142134 128895 57252 71643 136057 109539 17336 9182 14642 1397 12100 1145 88069 22251 55568 10250 43915 38032 5057 826 7175 5264 1860 51 2356 1979 330 47 10800 10800 SPECIAL EVENTS 123770 120265 3505 TRAINING 38978 3840 34903 235 MISCELLANEOUS 19790 18255 1528 7 SPONSORSHIPS 7750 7750 3069 1066 2003 4464499 3737827 648583 78089 4242003 2992476 401293 299015 124416 69364 29869 15043 103061 103061 2355 0 6017545 6658911 710121 189413 4978 54517 11532580 10278739 805927 132191 72315 0 1761554 1710093 2639796 1842284 X 7368260 7479873 1524524 956582 8892784 8436455 11532580 10278739 283534 -275222 -464641 0 X X 0 1 X 1 0 X 1260488 658242 1073347 764716 1199637 4956430 1260488 658242 1073347 764716 1199637 4956430 777382 4179048 254911 256717 125698 162766 219876 1019968 11075 9712 10695 71385 75015 177882 6154280 9008624 0.67900 0.62460 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6017545 641366 0 6658911 7032337 -1014792 6017545 5937524 1320252 225439 7032337 6084224 73491 220191 5937524 6043414 256377 215567 6084224 1.00000 0 0 84901 84901 0 18160 18160 0 0 DUE TO FIDUCIARY PARTIES 1270806 DUE TO COMMONWEALTH OF PENNSYLVANIA 389256 OPERATING LEASE LIABILITY 50031 1710093 X 4445837 -275222 -275222 4721059 26974 26974 4748033 4437525 0 4437525 26974 26974 4464499 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE REGULATIONS. IN ADDITION, THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS A FOUNDATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). MANAGEMENT HAS ASSESSED THE FOUNDATION'S EXPOSURE TO INCOME TAXES AT THE ENTITY LEVEL AS A RESULT OF UNCERTAIN TAX POSITIONS TAKEN IN CURRENT AND PREVIOUSLY FILED TAX RETURNS. EXAMPLES OF UNCERTAIN TAX POSITIONS TAKEN AT THE ENTITY LEVEL INCLUDE THE CONTINUING VALIDITY OF THE FOUNDATION'S EXEMPT STATUS AND THE PROSPECT OF BEING SUBJECT TO THE FILING REQUIREMENT FOR UNRELATED BUSINESS INCOME. PRESENTLY, MANAGEMENT BELIEVES THAT IT IS MORE LIKELY THAN NOT THAT THE FOUNDATION'S TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING ANY APPEALS AND LITIGATION, SUCH THAT THE FOUNDATION HAS NO EXPOSURE TO INCOME TAX LIABILITIES ARISING FROM UNCERTAIN TAX POSITIONS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY TAX PERIODS ARE CURRENTLY IN PROGRESS. THE FOUNDATION MAY BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. X X X X X 0 0 0 0 0 0 0 0 0 ABBY SMITH PRESIDENT & CEO 154393 0 0 0 0 0 0 0 0 0 154393 0 0 0 JOHN PACKER CURRENT OFFICER OF THE ORGANIZATION (CFO) 46575 JOHN PACKER IS AN OWNER OF THE MANAGEMENT COMPANY, INSIGHT PARTNERS, WHICH PROVIDES CONTRACTED CFO SERVICES. 0 BRIAN JACKSON CURRENT DIRECTOR OF THE ORGANIZATION 23675 BRIAN JACKSON IS A MEMBER OF THE LAW FIRM OF MCNEES WALLACE & NURICK LLC WHO PROVIDES LEGAL SERVICES TO THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 3 THE CHIEF FINANCIAL OFFICER HAS ORGANIZATION AND MANAGEMENT AUTHORITY, BUT IS A CONTRACTED INDVIDUAL WORKING VIA A PRIVATE CONSULTING FIRM. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED FIRST WITH THE AUDIT COMMITTEE AND THEN THE EXECUTIVE COMMITTEE. FOLLOWING THESE STEPS, IT IS MADE ELECTRONICALLY AVAILABLE TO THE BOARD OF DIRECTORS FOR ITS REVIEW. THE BOARD IS GIVEN A 15-DAY QUESTION/COMMENT PERIOD PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND EMPLOYEES ARE REQUIRED TO ANNUALLY SIGN A STATEMENT THAT DISCLOSES ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. ALL STATEMENTS ARE PROVIDED TO THE AUDIT COMMITTEE CHAIRPERSON AND BOARD CO-CHAIRPERSONS. IF THESE PARTIES DETERMINE THAT A CONFLICT INTEREST EXISTS, THEY SHALL REFER THE MATTER TO THE EXECUTIVE COMMITTEE FOR ULTIMATE ACTION. FURTHERMORE, THIS PROCESS IS FOLLOWED WHENEVER POTENTIAL CONFLICTS OF INTEREST ARISE DURING THE YEAR. A DIRECTOR OR EMPLOYEE WHO IS DEEMED TO HAVE A CONFLICT OF INTEREST SHALL BE DISQUALIFIED FROM PARTICIPATING IN THE PORTION OF ANY MEETING OF THE BOARD OF DIRECTORS OR COMMITTEES OF THE BOARD THAT ARE INTENDED TO REVIEW AND ACT UPON THE PROPOSED CONTRACT OR TRANSACTION. AS SUCH, HE/SHE SHALL NOT VOTE, NOR BE PRESENT AT THE TIME OF THE VOTE, ON SUCH CONTRACTS OR TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S SALARY IS REVIEWED ANNUALLY BY THE PERSONNEL COMMITTEE WHO THEN COMMUNICATES ITS COMPENSATION RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE FOR ITS ACTION ON THAT RECOMMENDATION. ONE RESOURCE THE PERSONNEL COMMITTEE UTILIZES TO REVIEW AND SET THE PRESIDENT/CEO'S SALARY IS DATA FROM GUIDESTAR'S "COMPENSATION REPORT." THE FOUNDATION'S COMPENSATION COMMITTEE ALSO REVIEWS COMPENSATION FOR ALL STAFF. FORM 990, PART VI, SECTION C, LINE 19 TEAM PA MAKES AVAILABLE TO THE PUBLIC THE ANNUAL FINANCIAL STATEMENTS AND FORM 990 VIA THE WEBSITE AT HTTP://TEAMPA.COM/ABOUT/FIANNCIAL/. THE CONFLICT OF INTEREST POLICY AND BYLAWS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 2,827,055. MANAGEMENT AND GENERAL EXPENSES 132,074. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,959,129. PAYROLL SERVICE FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,060. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,060. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR