2025-08-01T13:44:42-05:00 2024-12-31 251622758 MAHER DUESSEL CPA'S 503 MARTINDALE STREET SUITE 600 PITTSBURGH PA 15212 990 2024-01-01 920608496 PGC QALICB PGCQ 4123652145 5472 PENN AVENUE PITTSBURGH PA 15206 MATHEW MONROE PRESIDENT 4123652145 2025-08-01 1 0 ELIZABETH KRISHER P01275616 4124715500 2024 2025-03-06 01:10:19Z MATHEW MONROE 5472 PENN AVENUE PITTSBURGH PA 15206 61000 0 X N/A X 2022 PA PGC QALICB WAS FORMED FOR THE PURPOSE OF SUPPORTING PITTSBURGH GLASS CENTER, INC. 5 3 0 0 0 0 0 0 0 0 0 0 5417 61000 5417 61000 0 0 0 0 0 0 0 0 12398 112034 395859 112034 395859 -106617 -334859 14774737 12219973 12301699 9750000 2473038 2469973 X PGC QALICB WAS FORMED FOR THE PURPOSE OF SUPPORTING PITTSBURGH GLASS CENTER, INC. (SPONSOR) BY (I) FINANCING A PORTION OF THE COSTS RELATED TO THE RENOVATION AND EXPANSION OF A 16,000 SF FACILITY BY 11,000 SF FOR A TOTAL OF 27,000 SF ARTISTIC WORKSHOP AND GALLERY SPACE (THE PROJECT), AND (II) MAKING CERTAIN REIMBURSEMENT PAYMENTS TO THE SUPPORTED ORGANIZATION, SPONSOR, TO FUND CERTAIN COSTS INCURRED IN CONNECTION WITH THE PROJECT. IN ADDITION, PGC QALICB WILL LEASE THE COMPLETED PROJECT TO THE SPONSOR PURSUANT TO AN OPERATING LEASE. 0 0 220698 PGC QALICB'S EXEMPT PURPOSE IS TO SUPPORT THE ACTIVITIES OF THE SPONSOR (PITTSBURGH GLASS CENTER, INC.). PGC QALICB WAS FORMED TO ACT AS A SUPPORTING ORGANIZATION FOR THE BENEFIT OF THE SPONSOR. ANY SERVICES PROVIDED TO THE SPONSOR BY PGC QALICB SHALL BE USED TO SUPPORT THE ACTIVITIES AND EXEMPT PURPOSE OF THE SPONSOR. 220698 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 PA X HEATHER MCELWEE 4123652145 5472 PENN AVENUE PITTSBURGH PA 15206 MATHEW MONROE PRESIDENT 1.00 X X 0 0 0 MARY LOUISE FOWKES VICE PRESIDENT 1.00 X X 0 0 0 REBECCA MCNEIL TREASURER 1.00 40.00 X X 0 99091 10847 HEATHER MCELWEE SECRETARY 1.00 40.00 X X 0 103136 9193 JIM PATRINOS DIRECTOR 1.00 X 0 0 0 0 202227 20040 0 0 0 0 0 61000 0 61000 61000 61000 61000 0 0 61000 8371 8371 5000 5000 96818 96818 247975 220698 14879 12398 LOAN SERVICING FEES 36648 36648 BANK FEES 1047 1047 395859 220698 162763 12398 4720703 469327 13390419 1671245 10048617 11719174 5417 31472 14774737 12219973 2488477 0 9750000 9750000 63222 0 12301699 9750000 X 2473038 2469973 2473038 2469973 14774737 12219973 X -334859 331794 X 0 1 X 1 0 X X X 1 PITTSBURGH GLASS CENTER INC 251814656 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 X 1 1 SCHEDULE A, SECTION D, LINE 3 HEATHER MCELWEE IS THE SECRETARY OF PGC QALICB AND IS THE EXECUTIVE DIRECTOR OF THE SPONSOR. PGC QALICB WAS FORMED AT THE DIRECTION OF THE SPONSOR AS A SUPPORTING ORGANIZATION FOR THE SPONSOR IN ORDER TO FACILITATE FINANCING FOR THE PROJECT. THUS, COMMUNICATIONS, BOTH FORMAL AND INFORMAL, BETWEEN PGC QALICB AND THE SPONSOR OCCUR DAILY AND ARE ONGOING. THESE COMMUNICATIONS INCLUDE DISCUSSIONS ON PGC QALICB'S INVESTMENT POLICIES, THE MAKING AND TIMING OF GRANTS AND DIRECTING THE USE OF INCOME AND ASSETS. SCHEDULE A, SECTION E, LINE 2A PGC QALICB'S EXEMPT PURPOSE IS TO BENEFIT, FINANCIALLY AND/OR OPERATIONALLY, THE DEVELOPMENT OF THE PROJECT. BY ENTERING INTO THE NEW MARKET TAX CREDIT FINANCING AND LEASE, THE PROJECT IS DIRECTLY BENEFITED FINANCIALLY AND OPERATIONALLY IN FURTHERANCE OF PGC QALICB'S MISSION. WITHOUT THIS SUPPORT, THE PROJECT COULD NOT BE COMPLETED. SCHEDULE A, SECTION E, LINE 2B PGC QALICB WILL PARTICIPATE IN A NEW MARKET TAX CREDIT TRANSACTION TO ALLOW THE SPONSOR TO FINANCE THE CONSTRUCTION OF THE BUILDING PROJECT. WITHOUT PGC QALICB'S PARTICIPATION, THE SPONSOR WOULD NOT BE ABLE TO PARTICIPATE IN THE NEW MARKET TAX CREDIT FINANCING OF THE PROJECT AND WOULD FINANCE THE DEBT INCURRED BY THE CONSTRUCTION THROUGH MEANS THAT ARE LESS BENEFICIAL TO THE SPONSOR. 48431 48431 13341988 1671245 11670743 11719174 61000 0 61000 0 61000 395859 0 395859 0 395859 FORM 990, PART VI, SECTION A, LINE 8B NO SUB COMMITTEES OF THE GOVERNING BOARD EXIST. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS THE FORM 990 WITH THE BOARD MEMBERS PRIOR TO FILING. THE BOARD RECOMMENDS APPROVAL AT PRESCHEDULED BOARD MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST AT THE ORGANIZATION'S ADDRESS. FORM 990, PART XI, LINE 9: TRANSFER OF NET ASSETS FROM PITTSBURGH GLASS CENTER, INC. 331,794. PITTSBURGH GLASS CENTER INC 5472 PENN AVENUE PITTSBURGH PA 15206 251814656 TEACHING, CREATING, PROMOTING, AND SUPPORTING GLASS ART AND GLASS ARTISTS PA 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 PITTSBURGH GLASS CENTER INC S 331794 COST PITTSBURGH GLASS CENTER INC J 61000 COST