Takoma Langley Crossroads Development Authority

Organization Overview

Takoma Langley Crossroads Development Authority is located in Takoma Park, MD. The organization was established in 1990. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. As of 06/2022, Takoma Langley Crossroads Development Authority employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Takoma Langley Crossroads Development Authority is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 06/2022, Takoma Langley Crossroads Development Authority generated $305.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $280.8k during the year ending 06/2022. While expenses have increased by 10.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY OUTREACH, LOCAL MARKETING, ECONOMIC DEVELOPMENT, LOCAL SECURITY AND MAINTENANCE FOR BUSINESSES WITHIN THE CDA (CROSSROADS DEVELOPMENT AUTHORITY).

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CDA PROVIDED MARKETING AND MAINTENANCE SERVICES FOR THE TAKOMA LANGLEY CROSSROADS COMMERCIAL DISTRICT AND PROVIDES ADDITIONAL AMENITIES TO IMPROVE THE VISITOR EXPERIENCE. MAINTENANCE SERVICES INCLUDE LITTER PICK UP AND LANDSCAPE MAINTENANCE IN PUBLIC AREAS IN THE COMMERCIAL DISTRICT. MARKETING SERVICES INCLUDES STREET FESTIVALS AND COMMUNITY EVENTS TO ATTRACT VISITORS TO THE COMMERCIAL DISTRICT AND OFFER BUSINESSES AND OPPORTUNITY TO CONNECT WITH THE MARKETPLACE. ADDITIONAL AMENITIES PROVIDED BY THE CDA INCLUDE STREET BANNERS AND FLOWER PLANTERS.


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Board, Officers & Key Employees

Name (title)Compensation
Kayleigh Gunnoud
Executive Director
$78,288
Leslie Leiva
Director
$0
Allison Gleason
Director
$0
Michael Habte
Director
$0
Andrew Nguyen
Director
$0
George Aninwene
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$50,796
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,796
Total Program Service Revenue$239,121
Investment income $40
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $305,752

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