Nonprofit · EIN 25-1635121
BRIDGEWAY CAPITAL INC
Tax-exempt · PITTSBURGH, PA 15219
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $14,120,469 | $11,400,337 | $2,720,132 | $133,234,504 | $62,791,430 | $70,443,074 |
| September 30, 2024 | 990 | $17,475,898 | $10,916,759 | $6,559,139 | $131,718,778 | $63,685,855 | $68,032,923 |
| September 30, 2023 | 990 | $17,987,424 | $9,292,096 | $8,695,328 | $120,062,616 | $58,551,685 | $61,510,931 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $7,435,894
- of which government grants
- $5,110,439
- Program service revenue
- $5,394,787
- Investment income
- $1,289,788
- Net gain from sales of assets
- $60,209
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $166,135
- Compensation of officers, directors and key employees
- $1,238,627
- Other salaries and wages
- $1,896,931
- Salaries, compensation and benefits (total)
- $4,148,562
- Professional fundraising fees
- $0
- Legal fees
- $30,317
- Accounting fees
- $62,747
- Occupancy
- $289,973
- Travel
- $62,273
- Depreciation
- $130,695
- Program services (functional)
- $9,232,284
- Management and general (functional)
- $1,833,912
- Fundraising (functional)
- $334,141
Balance sheet and other
- Total assets, start of year
- $131,718,778
- Total assets, end of year
- $133,234,504
- Total liabilities, end of year
- $62,791,430
- Net assets, end of year
- $70,443,074
- Land, buildings and equipment
- $629,600
- Publicly traded securities
- $10,447,351
- Net assets without donor restrictions
- $67,125,141
- Net assets with donor restrictions
- $3,317,933
- Gross receipts
- $17,498,964
- Employees
- 45
- Volunteers
- 18
- Year formed
- 1990
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS BOGDEWIC | PRESIDENT & CEO Trustee or director, Officer | 39 | $231,145 | $52,264 |
| SCOTT LANGILL ASST SECRETARY | CHIEF IMPACT INVESTMENT OFFICER Officer | 39 | $191,988 | $33,359 |
| DAWN SECKLER CHIEF STRATEGY | & DEVELOPMENT OFFICER Highest-paid employee | 40 | $147,760 | $38,540 |
| JACOB SAULT | CHIEF FINANCIAL OFFICER Officer | 36 | $144,032 | $41,066 |
| SHAWN THOMAS | LENDING TEAM LEADER Highest-paid employee | 40 | $133,885 | $29,151 |
| ADAM KENNEY | CHIEF PROGRAMS OFFICER Highest-paid employee | 40 | $126,565 | $36,155 |
| HOLLY KAY MANAGING DIRECTOR | OF UNDERWRITING (EXIT 1/25) Highest-paid employee | 40 | $128,503 | $19,662 |
| JENNIE SAPSARA | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $108,291 | $12,271 |
| MELVIN WASHINGTON | CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| MELONIE JACKSON | VICE CHAIRPERSON (EXIT 2/25) Trustee or director, Officer | 0.5 | $0 | $0 |
| STEPHANIE DANGEL | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| THOMAS BAKAITUS | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| GEORGIA BERNER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JA'RON BRIDGES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EARL BUFORD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROBERT CHERRY | DIRECTOR (ENTER 4/25) Trustee or director | 0.5 | $0 |
| YVONNE COOK | DIRECTOR Trustee or director | 0.5 | $0 |
| RONALD A DONATELLI | DIRECTOR Trustee or director | 0.5 | $0 |
| DENIS MCLAUGHLIN | DIRECTOR (EXIT 11/24) Trustee or director | 0.5 | $0 |
| TAMMY RIBAR | DIRECTOR Trustee or director | 0.5 | $0 |
| MORTON STANFIELD JR | DIRECTOR Trustee or director | 0.5 | $0 |
| LARRY TRENGA | DIRECTOR (ENTER 4/25) Trustee or director | 0.5 | $0 |
| JOSEPH WYNN | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended September 30, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS BOGDEWIC | PRESIDENT & CEO Trustee or director, Officer | 38 | $216,055 | $51,640 |
| SCOTT LANGILL ASST SECRETARY | CHIEF IMPACT INVESTMENT OFFICER Officer | 38 | $175,970 | $34,923 |
| JACOB SAULTCONTROLLERTHRU 924 | CHIEF FINANCIAL OFFICER (AS OF 9/24) Officer | 38 | $122,292 | $38,398 |
| SHAWN THOMAS | LENDING TEAM LEADER Highest-paid employee | 40 | $128,483 | $29,159 |
| ADAM KENNEY | CHIEF PROGRAMS OFFICER Highest-paid employee | 40 | $119,092 | $35,380 |
| HOLLY KAY | MANAGING DIRECTOR OF UNDERWRITING Highest-paid employee | 40 | $123,463 | $19,052 |
| DAWN SECKLER | CHIEF STRATEGY & DEVELOPMENT OFFICER Highest-paid employee | 40 | $115,775 | $24,408 |
| JENNIE SAPSARA | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $104,065 | $16,903 |
| DAN ADAMSKI | DIRECTOR (EXIT 1/24) Trustee or director | 0.5 | $0 | $0 |
| THOMAS BAKAITUS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JA'RON BRIDGES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EARL BUFORD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DENIS MCLAUGHLIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS D MICHAEL | DIRECTOR (EXIT 4/24) Trustee or director | 0.5 | $0 | $0 |
| TAMMY RIBAR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MORTON STANFIELD JR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DERRICK WILSON | DIRECTOR (EXIT 1/24) Trustee or director | 0.5 | $0 | $0 |
| JOSEPH WYNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| YVONNE COOK | DIRECTOR (ENTER 1/24) Trustee or director | 0.5 | $0 | $0 |
| MELVIN WASHINGTON CHAIRPERSON | (AS OF 4/24)/VICE CHAIR (THRU 4/24) Trustee or director, Officer | 0.5 | $0 | $0 |
| MELONIE JACKSON VICE CHAIR | (AS OF 7/24)/DIRECTOR (THRU 7/24) Trustee or director, Officer | 0.5 | $0 | $0 |
| GEORGIA BERNER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| STEPHANIE DANGEL | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| RONALD A DONATELLI DIRECTOR | (AS OF 4/24)/CHAIRPERSON (THRU 4/24) Trustee or director, Officer | 0.5 | $0 | $0 |
990 for the year ended September 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| THOMAS BOGDEWIC | PRESIDENT & CEO Trustee or director, Officer | 38 | $208,821 | $49,295 |
| SCOTT LANGILL | ASSISTANT SECRETARY/CFO Officer | 38 | $165,056 | $35,006 |
| JACOB SAULT | CONTROLLER Highest-paid employee | 36 | $110,832 | $38,774 |
| ADAM KENNEY | MANAGING DIRECTOR OF LENDING Highest-paid employee | 40 | $112,893 | $35,714 |
| SHAWN THOMAS | LENDING TEAM LEADER Highest-paid employee | 40 | $119,021 | $28,560 |
| HOLLY KAY | MANAGING DIRECTOR OF UNDERWRITING Highest-paid employee | 40 | $117,146 | $19,457 |
| EDWARD VARGO COMMERCIAL | RE LENDING DIRECTOR (EXITED 6/23) Highest-paid employee | 40 | $112,884 | $11,906 |
| RONALD A DONATELLI | CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| MELVIN WASHINGTON | VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| LYNN DAVENPORT | SECRETARY (EXITED 1/23) Trustee or director, Officer | 0.5 | $0 | $0 |
| STEPHANIE DANGEL | DIRECTOR/SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| GEORGIA BERNER | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DAN ADAMSKI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS BAKAITUS | DIRECTOR (ENTERED 7/23) Trustee or director | 0.5 | $0 | $0 |
| JA'RON BRIDGES | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EARL BUFORD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MELONIE JACKSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS KELLY | DIRECTOR (EXITED 4/23) Trustee or director | 0.5 | $0 | $0 |
| DENIS MCLAUGHLIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| THOMAS D MICHAEL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TAMMY RIBAR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MORTON STANFIELD JR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DERRICK WILSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JOSEPH WYNN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 310 GRANT ST STE 2800, PITTSBURGH, PA 15219-2255
- Principal officer (990 for 2024)
- THOMAS J BOGDEWIC, 310 GRANT STREET 2800, PITTSBURGH, PA 15219
- Signed the 990
- THOMAS J BOGDEWIC, PRESIDENT & CEO
- Phone
- (412) 201-2450
- Website
- WWW.BRIDGEWAYCAPITAL.ORG
- Return prepared by
- SCHNEIDER DOWNS & CO INC
Mission
WE COMBAT INJUSTICES AND ADVANCE OPPORTUNITIES BY BUILDING CAPACITY, INVESTING CAPITAL, AND DEVELOPING UNDERSERVED AREAS TO GROW BUSINESSES AND REVITALIZE PLACES.
Program accomplishments
- LENDING BY BRIDGEWAY CAPITAL BENEFITED LOW INCOME PEOPLE AND ASSISTED IN THE FORMATION AND GROWTH OF SMALL BUSINESSES AND NONPROFIT ORGANIZATIONS IN LOW TO MODERATE INCOME COMMUNITIES ACROSS 15 COUNTIES IN WESTERN PENNSYLVANIA AND PARTS OF NORTHERN WEST VIRGINIA AND EASTERN OHIO. 68 BORROWERS RECEIVED LOANS TOTALING $22 MILLION, WHICH LEVERAGED $39 MILLION IN ADDITIONAL CAPITAL. BORROWERS RANGED FROM ENTREPRENEURS STARTING THEIR FIRST BUSINESS TO ESTABLISHED BUSINESSES EXPANDING OPERATIONS AND DEVELOPING THEIR JOB BASE, TO NONPROFITS PROVIDING CRITICAL SOCIAL SERVICES AND ORGANIZATIONS FOCUSED ON REVITALIZING DISTRESSED COMMUNITIES. THE ECONOMIC IMPACT OF THIS LENDING IS PROJECTED TO HELP CREATE OR RETAIN 555 JOBS.Expenses $7,888,248 · grants $166,135 · revenue $5,386,240
- BRIDGEWAY CAPITAL'S PROGRAMS TEAM LEADS A NUMBER OF EFFORTS THAT SERVE A WIDE RANGE OF SMALL BUSINESSES AND NONPROFIT ORGANIZATIONS. IN FY25, BRIDGEWAY PROVIDED SUPPORT TO 360 CLIENTS. THE ASSISTANCE CAME PRIMARILY IN THE FORM OF ONE ON ONE AND COHORT BASED SERVICES. FOR EXAMPLE, BRIDGEWAY EXECUTED A WIDE RANGE OF COHORTS FOR VARIED EMERGING AND ESTABLISHED BUSINESSES, CONSISTING OF 14 TOTAL COHORTS IN SEVEN LOCATIONS IN OHIO, WEST VIRGINIA, AND PENNSYLVANIA. INCLUDED AMONG THEM, THE ALLIANCE FOR CREATIVE RURAL ECONOMIES (ACRE) COHORTS SERVED GROUPS OF CREATIVE ENTREPRENEURS FROM STATE COLLEGE, OIL CITY, AND UNIONTOWN, WHILE THE BUSINESS GROWTH ACCELERATOR SUPPORTED GROUPS IN OHIO'S MAHONING VALLEY. NWPAMADE WAS LAUNCHED IN PARTNERSHIP WITH PENNWEST EDINBORO'S BEEHIVE NETWORK TO SUPPORT MAKER ENTREPRENEURS IN ERIE AND CRAWFORD COUNTIES, WHILE BRIDGEWAY'S MONMADE PROGRAM SUPPORTED CREATIVES IN THE GREATER PITTSBURGH AREA.Expenses $1,344,036 · revenue $8,547
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 25-1635121
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S400)
- Assets (IRS master file)
- $133,234,504
- Income (IRS master file)
- $17,498,964
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $14,120,469 | $11,400,337 | $133,234,504 | XML |
| 990 | September 2024 | $17,475,898 | $10,916,759 | $131,718,778 | XML |
| 990 | September 2023 | $17,987,424 | $9,292,096 | $120,062,616 | XML |
| 990 | September 2022 | $11,446,748 | $7,480,982 | $100,800,088 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 25-1635121).
Questions about BRIDGEWAY CAPITAL INC
- What is the EIN of BRIDGEWAY CAPITAL INC?
- The employer identification number (EIN) of BRIDGEWAY CAPITAL INC is 25-1635121.
- Is BRIDGEWAY CAPITAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to BRIDGEWAY CAPITAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BRIDGEWAY CAPITAL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BRIDGEWAY CAPITAL INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BRIDGEWAY CAPITAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of BRIDGEWAY CAPITAL INC?
- The 990 for the year ended September 30, 2025 names THOMAS J BOGDEWIC.
- Who are the officers and directors of BRIDGEWAY CAPITAL INC?
- The 990 for the year ended September 30, 2025 lists 23 people; 8 received compensation from the organization, the highest $231,145 (THOMAS BOGDEWIC, PRESIDENT & CEO).
- How much revenue does BRIDGEWAY CAPITAL INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $14,120,469, expenses of $11,400,337 and total assets of $133,234,504 at year end.
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