The Central Baltimore Partnership Inc is located in Baltimore, MD. The organization was established in 2008. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Central Baltimore Partnership Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Baltimore Partnership Inc 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, Central Baltimore Partnership Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 21.0% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CENTRAL BALTIMORE PARTNERSHIP CBP IS TO GALVANIZE THE RENAISSANCE OF THE NEIGHBORHOODS OF CENTRAL BALTIMORE BY ENGAGING PARTNERS TO ASSURE EVERYONE HAS AN OPPORTUNITY TO PARTICIPATE AND TO BENEFIT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING THE COMPREHENSIVE REVITALIZATION OF ELEVEN NEIGHBORHOODS AND ONE COMMERCIAL DISTRICT IN CENTRAL BALTIMORE IN ACCORDANCE WITH ACTION PLANS. COORDINATES THE ACTIVITY OF APPROXIMATELY 120 ORGANIZATIONS INCLUDING THREE UNIVERSITIES, CITY AND STATE AGENCIES, COMMUNITY AND NONPROFIT ORGANIZATIONS, AND BUSINESSES AND BUSINESS GROUPS. WE HAVE ACHIEVED DRAMATIC SUCCESS IN PROMOTING STRATEGIC REINVESTMENT IN OUR COMMUNITY--RE-USING VACANT PROPERTY, PROMOTING AND PRESERVING AFFORDABLE HOUSING SUPPORTING HOMEOWNERSHIP AND COMMERCIAL REDEVELOPMENT, STRENGTHENING THE VITALITY OF OUR ARTS DISTRICT, IMPROVING TRANSPORTATION, AND CREATING MORE EQUITABLE SOCIAL AND ECONOMIC OPPORTUNITY. WE HAVE REDUCED THE NUMBER OF VACANT PROPERTIES BY HALF--TO APPROXIMATELY 200 AND WE HAVE CREATED MORE THAN 500 AFFORDABLE HOUSING UNITS AND A TOTAL OF 1,500 HOUSING UNITS SINCE 2010. WE HAVE IMPROVED THE COMMERCIAL DISTRICTS OF CENTRAL BALTIMORE ON NORTH AVENUE, GREENMOUNT AVENUE, ON LOWER CHARLES STREET, AND IN REMINGTON.
CBP AND OVER 150 PARTNERS HAVE REALIZED A COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGY RESULTING SINCE 2007 IN $1 BILLION IN INVESTMENT, OVER 1600 UNITS OF HOUSING (30% AFFORDABLE), REDUCED CRIME; IMPROVED OPEN SPACE AND PATHWAYS, LIGHTING AND SANITATION; AND THE RE-USE OF LONG-VACANT LANDMARK COMMERCIAL AND INDUSTRIAL BUILDINGS. CBPS 2012 HCPI ACTION PLANSTILL THE BEDROCK OF CBPS WORKWAS A MODEL OF COMMUNITY PARTICIPATION, INVOLVING OVER 200 PUBLIC AND PRIVATE MEETINGS. THIS PLAN DEMONSTRATED CBP'S ABILITY TO JOIN STAKEHOLDERS FROM 10 NEIGHBORHOODS TO PLAN AND EXECUTE A BOLD REVITALIZATION STRATEGY. SINCE THEN CBP HAS HONED THIS COLLABORATIVE APPROACH AND OUR WORK IS GUIDED NOW BY OVER 20 TASK FORCES AND WORK GROUPS INVOLVING RESIDENTS AND BUSINESSES, SUBJECT MATTER EXPERTS, PUBLIC AGENCY AND INSTITUTION REPRESENTATIVES. THESE COMMITTEES WRESTLE WITH TOPICS RANGING FROM DEVELOPING/MAINTAINING AN ARTS DISTRICT, TO CREATING VIBRANT OUT-OF-SCHOOL-TIME PROGRAMMING FOR YOUTH, AND THE REDEVELOPMENT OF KEY PARCELS. OUR UNIQUELY COLLABORATIVE APPROACH AND ITS IMPACT HAVE ATTRACTED ATTENTION FROM PEERS AND POTENTIAL INVESTORS, AS WELL AS LOCAL AND NATIONAL MEDIA. BALTIMORE HOUSING, THE MD SMART GROWTH COMMISSION, THE COMMUNITY DEVELOPMENT NETWORK OF MD, AND NATIONAL ORGANIZATIONS LIKE THE NATIONAL ASSOC. OF COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATIONS RECOGNIZE CBP AS AMONG THE MOST INNOVATIVE AND PRODUCTIVE COMMUNITY DEVELOPMENT ORGANIZATIONS. EVERY WEEK INVOLVES INQUIRIES FROM GROUPS WHO WANT TO EMULATE OUR WORK AND TIME SPENT COACHING OTHERS IN CBPS APPROACH. CBP HAS CONVENED A NUMBER OF COMMUNITY PLANNING INITIATIVES, THEN WORKED WITH STAKEHOLDERS TO BUILD THEIR IMPLEMENTATION CAPACITY. RECENTLY, THESE INCLUDE THE NORTH AVENUE RISING PLANNING PROCESS IN CENTRAL BALTIMORE, THE DEVELOPMENT OF A NORTH AVENUE COMMERCIAL REVITALIZATION STRATEGY, AND EARLY REINVESTMENT PRIORITY SETTING IN MIDWAY, WHICH HAS RESULTED IN PLANS FOR A SPECTACULAR COMMUNITY PARK AND THE EXPANSION OF THE COMPOUND, AN EXTRAORDINARY ARTS CO-OP. CBPS CURRENT REDEVELOPMENT ACTIVITY IS AMBITIOUS AND REFLECTS OUR CAPACITY AND THE CONFIDENCE KEY STAKEHOLDERS HAVE IN OUR ORGANIZATION. THESE PROJECTS INCLUDE LEADING COMMUNITY PARTICIPATION IN THE REDEVELOPMENT OF PENN STATION AND THE SURROUNDING PUBLIC REALM; EXPANDING OUR PARTNERSHIP WITH ST. AMBROSE HOUSING AID CENTER AND JUBILEE BALTIMORE TO ASSIST 70+ LOW-INCOME HOMEOWNERS TO REPAIR THEIR HOMES EACH YEAR; EXPANSION OF PROGRAMMING OF THE STATION NORTH ARTS DISTRICT, SMALL BUSINESS DEVELOPMENT ALONG GREENMOUNT AND NORTH AVENUES; AND THE $3.8 MM INTERVENTION ACQUISITION OF A KEY ARTS HUB, AREA 405.
ENCOURAGING AND SUPPORTING COMMUNITY ENGAGEMENT IN CENTRAL BALTIMORE NEIGHBORHOODS BY COLLABORATING WITH LOCAL FOUNDATIONS, LOCAL AND STATE GOVERNMENT, FELLOW NONPROFIT ORGANIZATIONS, BUSINESSES AND FINANCIAL INSTITUTIONS TO CONNECT RESIDENTS TO EMPLOYMENT, HOUSING, BUSINESS DEVELOPMENT, ARTS, CULTURAL, AND RECREATIONAL OPPORTUNITIES, AND HEALTH AND SUPPORT SERVICES. WE ALSO WORK COLLABORATIVELY TO IMPROVE PUBLIC SAFETY AND ACTIVATE VACANT PROPERTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ellen Janes Executive Dir. | Officer | 40 | $160,000 |
Sheri Parks Secretary | OfficerTrustee | 2 | $0 |
Neil Didriksen President | OfficerTrustee | 2 | $0 |
Michael Pokorny Treasurer | OfficerTrustee | 2 | $0 |
Amy Bonitz Director | Trustee | 1 | $0 |
Tim Armbruster Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Miles Stockbridge Pc Legal | 6/29/21 | $237,500 |
Common Green Llctelesis Agency Transactions | 6/29/21 | $109,332 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,766,609 |
All other contributions, gifts, grants, and similar amounts not included above | $2,499,580 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,266,189 |
Total Program Service Revenue | $0 |
Investment income | $106 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $36,206 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,310,518 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $202,142 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $158,350 |
Compensation of current officers, directors, key employees. | $15,215 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $338,815 |
Pension plan accruals and contributions | $6,929 |
Other employee benefits | $25,945 |
Payroll taxes | $36,845 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $46,086 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,203,710 |
Advertising and promotion | $0 |
Office expenses | $42,652 |
Information technology | $9,600 |
Royalties | $0 |
Occupancy | $48,254 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $78,070 |
Interest | $53,343 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $36,932 |
Insurance | $16,190 |
All other expenses | $0 |
Total functional expenses | $2,476,356 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $404,564 |
Savings and temporary cash investments | $568,134 |
Pledges and grants receivable | $612,367 |
Accounts receivable, net | $77,517 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $9,519 |
Net Land, buildings, and equipment | $3,973,732 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,940 |
Total assets | $5,647,773 |
Accounts payable and accrued expenses | $510,791 |
Grants payable | $0 |
Deferred revenue | $989 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,971,284 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $204,212 |
Total liabilities | $2,687,276 |
Net assets without donor restrictions | $2,685,423 |
Net assets with donor restrictions | $275,074 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,647,773 |
Over the last fiscal year, we have identified 1 grants that The Central Baltimore Partnership Inc has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Lockhart Vaughan Foundation Inc Baltimore, MD PURPOSE: COMMUNITY DEVELOPMENT: SUPPORT PROGRAMS AT 29TH STREET COMMUNITY CENTER. | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Prosperity Now Washington, DC | $29,090,376 | $24,644,874 |
Harristown Development Corporation Harrisburg, PA | $29,766,695 | $19,028,512 |
Community Action Of South Eastern West Virginia Bluefield, WV | $9,324,400 | $12,779,130 |
Venture Richmond Inc Richmond, VA | $7,025,585 | $5,575,003 |
Maryland Manufacturing Service Inc Salisbury, MD | $279,305 | $5,207,545 |
Pittsburgh Downtown Partnership Pittsburgh, PA | $5,197,454 | $6,457,703 |
Enterprise Center Philadelphia, PA | $14,775,584 | $14,297,548 |
Pidc Community Capital Philadelphia, PA | $51,592,924 | $9,506,766 |
North Central Pennsylvania Regional Planning And Development Commi Ridgway, PA | $10,860,037 | $4,914,515 |
Historic East Baltimore Community Action Coalition Inc Baltimore, MD | $9,898,806 | $3,562,151 |
Prince Georges County Economic Development Corporation Largo, MD | $6,056,042 | $4,300,935 |
Southwest Business Improvement District Washington, DC | $5,791,931 | $4,241,632 |