PITTSBURGH VENTURE CAPITAL ASSOCIATION Charity Report

Public IRS 990 nonprofit record

PITTSBURGH VENTURE CAPITAL ASSOCIATION

EIN 25-1566467

What they do

THE PITTSBURGH VENTURE CAPITAL ASSOCIATION WAS FOUNDED IN 1982 to CATALYZE VENTURE INVESTMENT and ENTREPRENEURIALISM IN WESTERN PENNSYLVANIA. SINCE THEN IT HAS BECOME THE LEADING VOICE of PRIVATE EQUITY INVESTORS IN THE REGION.THROUGH A WIDE RANGE of PROGRAMS, THE PVCA FACILITATES QUALITY DEAL FLOW, ENCOURAGES INVESTOR COLLABORATION, and FOSTERS IMPORTANT RELATIONSHIPS WITH KEY SERVICE PROVIDERS. EVERY MAJOR REGIONAL VENTURE CAPITAL FIRM is REPRESENTED IN OUR MEMBERSHIP, AS WELL AS NUMEROUS FIRST-TIER SERVICE PROVIDERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

142.84%of revenue went to mission work100.0% of expenses · Program services

$142.84spent for every $100 of revenueSpending was higher than revenue this year.

$0.23in assets for every $1 spent this yearSome assets cannot be spent right away.

6.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $113,780 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $100,978 for KELLY SZEJKO (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$265,563

Mission workProgram services$379,343142.84% of revenue100.0% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$379,343142.84% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 142.84% of revenue

2023Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 73.25% of revenue

2022Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.34% of revenue

2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 124.16% of revenue

2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 122.07% of revenue

Money in and money out

Revenue$265,563

Expenses$379,343

Annual shortfall $113,780 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$379,343 · 100.0% of expenses

See all reported dollar amounts

Revenue$265,563

Expenses$379,343

Assets$86,374

Income$293,094

Contributions$17,875

Mission work (program services)$379,343

Accounting fees$2,150

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KELLY SZEJKOPRESIDENT · 40 hrs/week $100,978Base $82,544 · Other $18,434

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

KELLY SZEJKOPRESIDENT

VEN RAJUDIRECTOR

ADAM WICKSDIRECTOR

ROBERT WOOLDRIDGETREASURER

NICHOLAS SHAPIRODIRECTOR

NEHAL BHOJAKDIRECTOR

MITCHELL KOKKODIRECTOR

MICHAEL STUBLERCHAIRMAN

MICHAEL MATESICDIRECTOR

MICHAEL MAGLIODIRECTOR

MICHAEL KOPELMANDIRECTOR

MATTHEW HARBAUGHDIRECTOR

LIZ TODIADIRECTOR

KELAUNI JASMYNDIRECTOR

JOE SLEZAKSECRETARY

JEREMIAH GARVEYCHAIRMAN EMERITUS

JAMES HALUSZCZAKDIRECTOR

ERIC KLINEDIRECTOR

EDWARD ENGLERDIRECTOR

DAVID KALSONDIRECTOR

DAVID BERKDIRECTOR

BEN WILSONDIRECTOR

ANTHONY PISANODIRECTOR

About this charity

Recognized since: January 2002
Location: 700 BURSCA DRIVE 706, BRIDGEVILLE, PA 15017
County: Allegheny
In care of: KELLY S SZEJKO
Primary officer: KELLY S SZEJKO, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailinformation@thepvca.org Phone(412) 228-5826

Filing and classification

Latest tax year: 2024
Tax period began: August 1, 2024
Return type: 990
Tax preparer: SISTERSON & CO LLP