Philadelphia Association Of Community Development Corporations

Organization Overview

Philadelphia Association Of Community Development Corporations is located in Philadelphia, PA. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Philadelphia Association Of Community Development Corporations employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Association Of Community Development Corporations is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Philadelphia Association Of Community Development Corporations generated $656.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (35.6%) each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PACDC IS A MEMBERSHIP ASSOCIATION OF ORGANIZATIONS COMMITTED TO EQUITABLE NEIGHBORHOOD REVITALIZATION. WE FOCUS OUR EFFORTS IN TWO KEY AREAS: ADVOCACY FOR SYSTEMS REFORM AND INCREASED ACCESS TO RESOURCES; AND TECHNICAL

Describe the Organization's Program Activity:

Part 3 - Line 4a

PACDC'S KEY ACCOMPLISHMENTS OF THE FISCAL YEAR INCLUDED: POLICY & ADVOCACY: HOUSING TRUST FUND: UNDERTOOK A COMMUNICATIONS CAMPAIGN TO EDUCATE THE PUBLIC ABOUT BALLOT QUESTION REQUIRING 0.5% OF THE CITY'S GENERAL FUND APPROPRIATIONS TO BE ALLOCATED TO THE PHILADELPHIA HOUSING TRUST FUND EVERY YEAR. THE BALLOT QUESTION WAS APPROVED BY 70% OF PHILDELPHIA VOTERS, LEADING TO AN ADDITIONAL $28+ MILLION MORE EVERY YEAR FOR AFFORDABLE HOMES STARTING IN JULY 2022. HOUSING COUNSELING: WORKED WITH HOUSING COUNSELING AGENCIES TO SUCCESSFULLY ADVOCATE FOR A $2 MILLION INCREASE IN FUNDING FOR HOUSING COUNSELORS TO HELP KEEP TENANTS/HOMEOWNERS IN THEIR HOMES AND ASSIST FIRST-TIME HOMEBUYERS. INCLUSIONARY HOUSING: ADVOCATED FOR NEW MIXED-INCOME NEIGHBORHOOD OVERLAY THAT REQUIRES LARGER MARKET RATE HOUSING DEVELOPMENTS TO INCLUDE ON-SITE AFFORDABLE HOUSING, REPLACING VOLUNTARY PROGRAM IN TARGETED AREAS IN TWO CITY COUNCIL DISTRICTS. STATE HOUSING FUNDING: SUPPORTED EFFORTS TO WIN NEW FUNDING FROM THE STATE FOR AFFORDABLE HOUSING, INCLUDING THE WHOLE HOME REPAIRS ACT THAT WILL PROVIDE $125 MILLION FOR REPAIRS FOR LOWER-INCOME HOMEOWNERS AND SMALL LANDLORDS THAT WILL IN FUNDING TO FILL GAPS IN PROPOSED AFFORDABLE RENTAL HOUSING DEVELOPMENTS. AFFORDABLE HOUSING TAX ABATEMENT: SUPPORTED STATE ENABLING LEGISLATION THAT WILL ALLOW THE CITY TO ENACT TAX ABATEMENTS FOR AFFORDABLE HOUSING. COMMUNITY HEALTH NEEDS ASSESSMENT: WORKED WITH COACH AND AREA HOSPITALS TO DEVELOP A NEW THREE YEAR REGIONAL COMMUNITY HEALTH NEEDS ASSESSMENT, INCLUDING COORDINATING FOCUS GROUPS HIGHLIGHTING THE NEEDS AND ISSUES IN LOW-INCOME COMMUNITIES OF COLOR AND OTHER MARGINALIZED COMMUNITIES. HEALTH IMPACT ASSESSMENT: PARTNERED WITH URBAN INSTITUTE AND PEW ON A HEALTH IMPACT ASSESSMENT TO IMPROVE PHILADELPHIA'S RENTAL REGULATORY AND HOUSING SUPPORT SYSTEMS TO IMPROVE THE QUALITY OF RENTAL HOUSING IN THE CITY.


MEMBER SERVICES: SMALL BUSINESS ASSISTANCE: LAUNCHED OUR SAVE YOUR BIZ PHILLY PROGRAM PILOT IN COLLABORATION WITH THE TEMPLE SMALL BUSINESS DEVELOPMENT CENTER, BLACK SQUIRREL, AND PARTNER CDC'S TO ASSIST BLACK AND BROWN SMALL BUSINESSES IMPACTED BY THE PANDEMIC AND OTHER CHALLENGES ON FOUR NEIGHBORHOOD COMMERCIAL CORRIDORS. CORRIDOR INITIATIVE: WORKED TO BUILD THE CAPACITY OF COMMERCIAL CORRIDOR MANAGERS/ORGANIZATIONS THROUGH TWO COHORTS OF OUR ON-BOARDING TRAINING AND COACHING PROGRAM FOR NEWER CORRIDOR MANAGERS TO FOSTER PEER LEARNING AND PROVIDING DATA COLLECTION AND MANAGEMENT SUPPORT ON FOUR CORRIDORS. WORKSHOPS: HOSTED TWO WORKSHOPS ON IMPLEMENTING MEANINGFUL AND IMPACTFUL RACE, EQUITY AND INCLUSION STRATEGIES INTO COMMUNITY DEVELOPMENT PRACTICES IN PARTNERSHIP WITH NEIGHBORWORKS AMERICA. IRON SHARPENS IRON PODCAST: RELEASED FIVE EPISODES OF OUR PODCAST SERIES ON GRASSROOTS ORGANIZING TIPS, INSIGHT AND PATHWAYS FOR CONNECTING WITH NEIGHBORHOOD RESIDENTS, SMALL BUSINESSES AND INSTITUTIONS THAT INTERSECT WITH THOSE NEIGHBORHOODS (ANCHOR.FM/PACDC). ANNUAL GALA & AWARDS: HONORED EXCELLENCE IN THE LOCAL COMMUNITY DEVELOPMENT FIELD AND CELEBATED OUR 30TH ANNIVERSARY WITH NEARLY 400 SUPPORTERS. PACDC MAGAZINE: RELEASED THE 30TH ANNIVERSARY EDITION OF PACDC MAGAZINE, LET US BE THE DREAM THEY MAKE SPEECHES ABOUT (HTTPS://PACDC-MAGAZINE-30TH- ANNIVERSARY-EDITION/).


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Rick Sauer
Executive Director
$118,894
Maria Gonzalez
President
$0
Majeedah Rashid
Vice President
$0
Bryan Fenstermaker
Treasurer
$0
Jamila Harris-Morrison
Secretary
$0
John Chin
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$45,485
Fundraising events$0
Related organizations$0
Government grants $46,951
All other contributions, gifts, grants, and similar amounts not included above$290,145
Noncash contributions included in lines 1a–1f $2,100
Total Revenue from Contributions, Gifts, Grants & Similar$382,581
Total Program Service Revenue$175
Investment income $172
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $273,210
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $656,138

Peer Organizations

Organization NameAssets
4mycity Inc
Taneytown, MD
$19,890,908
Chautauqua Opportunities Inc
Dunkirk, NY
$20,429,175
University Circle Incorporated
Cleveland, OH
$18,118,457
Usw District 10 Local 286 Welfare Trust Fund
Philadelphia, PA
$19,600,161
Cypress Hills Local Development Corporation Inc
Brooklyn, NY
$18,937,282
Neighborhood Development Services Inc
Ravenna, OH
$17,157,604
Phipps Neighborhoods Inc
New York, NY
$18,079,167
Fusion Partnerships Inc
Baltimore, MD
$16,824,556
Mountainheart Community Servces Inc
Oceana, WV
$16,232,143
Pennreach
Allentown, NJ
$16,540,528
Painters District Council No 4 S U B Fund
Cheektowaga, NY
$17,072,135
Delaware Opportunities Inc
Hamden, NY
$16,566,367
Garrett County Maryland Community Action Committee Inc
Oakland, MD
$15,132,921
Economic Opportunity Commission Of Nassau County Inc
Hempstead, NY
$15,152,505
Visit Baltimore Inc
Baltimore, MD
$17,615,014
Centerstate Corporation For Economic Opportunity
Syracuse, NY
$16,514,261
Commission On Economic Opportunity For The Rensselaer County Area Inc
Troy, NY
$17,072,435
Evas Village Inc
Paterson, NJ
$17,019,423
Community Action Program Commission Of The Lancaster-Fairfield County
Lancaster, OH
$14,412,400
Liberty Lutheran Housing Development Corporation
State College, PA
$14,594,791
West Ohio Community Action Partnership
Lima, OH
$14,184,861
Economic And Community Development Institute Inc
Columbus, OH
$13,823,454
Allegany County Human Resources Development Commission Inc
Cumberland, MD
$12,028,499
Lakeside Association
Lakeside, OH
$14,876,431
Hemlock Farms Community Association
Lords Valley, PA
$12,589,126

Create an account to unlock the data you need.

or