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 06/2021, Philadelphia Association Of Community Development Corporations employed 8 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 06/2021, Philadelphia Association Of Community Development Corporations generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $933.5k during the year ending 06/2021. While expenses have increased by 4.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

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: NEIGHBORHOOD PRESERVATION INITIATIVE: SUCCESSFULLY ADVOCATED FOR PASSAGE OF THE DEVELOPMENT IMPACT TAX, WHICH WILL PAY THE DEBT SERVICE ON A $400 MILLION NEIGHBORHOOD PRESERVATION INITIATIVE BOND ISSUE FOR AFFORDABLE HOMES, COMMERCIAL CORRIDORS/SMALL BUSINESSES, AND NEIGHBORHOOD INFRASTRUCTURE. HOUSING TRUST FUND: SUPPORTED CREATION OF CHARTER CHANGE BALLOT QUESTION THAT WILL MANDATE A 0.5% ALLOCATION OF THE CITY'S GENERAL FUND APPROPRIATIONS TO THE HOUSING TRUST FUND ANNUALLY, WHICH WOULD GENERATE AN ADDITIONAL $25+ MILLION MORE EVERY YEAR FOR CRITICAL AFFORDABLE HOUSING NEEDS. FY22 CITY BUDGET: HELPED WIN ADDITIONAL GENERAL FUND RESOURCES, INCLUDING $7 MILLION FOR COMMERCE DEPARTMENT TO FULLY FUND THE PHL TAKING CARE OF BUSINESS COMMERCIAL CORRIDOR CLEANING PROGRAM, RESTORE THE BUSINESS SECURITY CAMERA PROGRAM, AND OTHER ACTIVITIES; 3 MILLION FOR PHILADELPHIA LAND BANK OPERATIONS; AND $6.86 MILLION FOR THE HOUSING TRUST FUND. TENANT PROTECTIONS: ADVOCATED IN SUPPORT OF THE EMERGENCY HOUSING PROTECTION ACT BILLS, WHICH PROVIDE PROTECTION FOR RENTERS STRUGGLING DUE TO COVID-RELATED LOSS OF INCOME INCLUDING AN EVICTION MORATORIUM, PAYMENT AGREEMENTS, WAIVING OF LATE FEES, AN EVICTION DIVERSION PROGRAM, AND STIFFER PENALTIES FOR ILLEGAL LOCK-OUTS. WE ALSO SUPPORTED TENANT ACCESS ACT BILLS REQUIRING LANDLORDS TO HAVE WRITTEN SCREENING CRITRIA FOR TENANT APPLICATIONS AND REDUCE RELIANCE ON EVICTION HISTORY AND CREDIT SCORES IN TENANT SCREENING, WITH AMENDMENTS TO AVOID NEGATIVE IMPACTS ON AFFORDABLE HOUSING DEVELOPMENTS. HOMEOWNER PROTECTIONS: SUPPORTED LEGISLATION TO REGULATE PREDATORY PROPERTY WHOLESALERS. THE NEW LAW CREATES A DO-NOT-SOLICIT LIST, A NEW LICENSING SYSTEM FOR PROPERTY WHOLESALERS, ESTABLISHES PROHIBITED CONDUCT, AND REQUIRES DISCLOSURE DOCUMENTS AND A THREE-DAY COOLING OFF PERIOD. SUSTAINABILITY & ENERGY DIVERSIFICATION: CONVENED SEVEN FOCUS GROUPS OF RESIDENTS TO OBTAIN INPUT ON DIVERSIFICATION FROM GAS, HEAT INEQUITY, AND RESIDENTIAL RETROFITS, TO PROVIDE INPUT TO THE OFFICE OF SUSTAINABILITY AS THEY CONSIDER POLICY ACTIONS. ALSO PARTICIPATED IN SEVERAL INFORMAL COALITIONS AND WORKING GROUPS LOOKING AT HOW TO BRING MORE SUSTAINABILITY TO HOME REPAIR PROGRAMS, AS WELL AS EQUITY INTO SUSTAINABILITY PROGRAMS. HEALTH IMPACT ASSESSMENT: PARTNERED WITH URBAN INSTITUE TO BEGIN A HEALTH IMPACT ASSESSMENT OF PHILADELPHIA'S RENTAL HOUSING MARKET TO PROVIDE INSIGHT AROUND THE EFFECTS ON INDIVIDUAL AND PUBIC HEALTH OF THE CITY'S CURRENT POLICIES AND PRACTICES FOR REGULATING ITS RENTAL HOUSING MARKET, AND EVALUATE POTENTIAL HEALTH IMPACTS OF MODIFICATIONS TO THE CURRENT SYSTEM. HEALTH & HOUSING: DEEPENED PARTNERSHIPS WITH THE HEALTH CARE SECTOR TO CREATE HEALTHY COMMUNITIES, AND ADVANCED DEVELOPMENT OF TWO ACTIONABLE MODELS THAT WILL FOSTER INVESTMENT BY THE HEALTH CARE SECTOR TO SUPPORT POSITIVE AFFORDABLE HOUSING OUTCOMES FOR LOW-INCOME PHILADELPHIANS.


MEMBER SERVICES: EQUITABLE DEVELOPMENT CONFERENCES: WE HELD TWO SUCCESSFUL VIRTUAL CONFERENCES, THE FIRST OVER THREE DAYS DURING THE SUMMER OF 2020, AND THE OTHER A TWO DAY EVENT IN JUNE 2021. THE 2020 CONFERENCE HAD 470 ATTENDEES AND FOCUSED ON HEALING COMMUNITIES THROUGH COMMUNITY DEVELOPMENT PRACTICES, BUILDING MORE OPPORTUNITIES FOR YOUTH TO LEAD WITHIN OUR SECTOR, AND SYSTEMIC CHALLENGES AND NEW PATHS FOR OVERCOMING FUNDRAISING FOR A NEW SET OF SECTOR NEEDS. THE 2021 CONFERENCE HAD 132 ATTENDEES AND FEATURED A KEYNOTE BY DR. SHAKTI BUTLER, FOLLOWED BY BREAKOUT SESSIONS EXPLORING ISSUES OF RACE AND CONNECTEDNESS, WHILE THE SECOND DAY FEATURED A ROUNDTABLE CONVERSATION WITH NATIONAL LEADERS AND BREAKOUTS EXAMINING OPPORTUNITIES FOR UNCOVERING OUR SECTOR'S NEXT BIG POLICY ASK. CORRIDOR INITIATIVES: LAUNCHED OUR STRENGTHENING PHILLY CORRIDOR INITIATIVE TO BUILD THE CAPACITY OF COMMERCIAL CORRIDOR MANAGERS/ORGANIZATIONS THROUGH AN ON-BOARDING TRAINING PROGRAM WITH COACHING FOR 8 NEWER CORRIDOR MANAGERS, A PEER-LED PROGRAM-SOLVING COHORT TO ADDRESS NUISANCE BUSINESSES ON CORRIDORS, AND DATA COLLECTION AND MANAGEMENT ON FOUR CORRIDORS. RESILIENCY TRAINING: PARTNERED WITH GREEN BUILDING UNITED TO HOLD WHAT FEDERAL LEADERSHIP ON CLIMATE AND HOUSING MEANS FOR PHILADELPHIA, THE FIRST OF A TWO-PART CONVERSATION ON RESILIENCY. PEER GROUPS: CONTINED TO REGULARLY CONVENE COMMERCIAL CORRIDOR MANAGERS AND OTHERS WORKING TO STRENGTHEN CORRIDORS, HOUSING ADVOCATES, AND CDC COMMUNICATIONS STAFF TO FOSTER PEER LEARNING AND INSIGHT SHARING, AND INFORM OUR WORK. IRON SHARPENS IRON PODCAST: RELEASED FIVE EPISODES OF OUR NEW PODCAST SERIES ON GRASSROOTS ORGANIZING ON TIPS, INSIGHTS AND PATHWAYS FOR CONNECTING WITH NEIGHBORHOOD RESIDENTS, SMALL BUSINESSES AND INSTITUTIONS THAT INTERSECT WITH THOSE NEIGHBORHOODS. ANNUAL GALA AND AWARDS CEREMONY: HONORED EXCELLENCE IN THE LOCAL COMMUNITY DEVELOPMENT FIELD WITH 167 GUESTS AND AWARDS TO MEMBER CDC'S BEST PRACTICES, RISING STAR STAFF, VOLUNTEERS AND EQUITABLE SMALL BUSINESSES. PACDC MAGAZINE: RELEASED THE 2021 EDITION OF PACDC MAGAZINE,THE FUTURE IS NOW, POSSIBILITIES OF THE WORLD TO COME. (HTPS://PACDC.ORG/PACDC-MAGAZINE-2021-THE-FUTURE-IS-NOW/)


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Board, Officers & Key Employees

Name (title)Compensation
Rick Sauer
Executive Director
$118,863
Majeedah Rashid
Vice President
$0
Bryan Fenstermaker
Treasurer
$0
Jamila Harris-Morrison
Secretary
$0
Maria Gonzalez
President
$0
John Chin
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$41,363
Fundraising events$0
Related organizations$0
Government grants $331,305
All other contributions, gifts, grants, and similar amounts not included above$948,656
Noncash contributions included in lines 1a–1f $4,950
Total Revenue from Contributions, Gifts, Grants & Similar$1,321,324
Total Program Service Revenue$26,277
Investment income $88
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $232,863
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,580,552

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Philadelphia Association Of Community Development Corporations has recieved totaling $57,500.

Awarding OrganizationAmount
$30,000
Philadelphia Foundation

Philadelphia, PA

PURPOSE: ADVOCACY UNRESTRICTED

$20,000
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$7,500
View Grant Recipient Profile

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