The Non-Profit Community Development Corporation Of Wsh Dc is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Non-Profit Community Development Corporation Of Wsh DC 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 12/2022, Non-Profit Community Development Corporation Of Wsh DC generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 12.7% per year over the past 8 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
NPCDC'S MISSION IS TO INITIATE, SPONSOR AND OPERATE HOUSING AND ECONOMIC DEVELOPMENT PROJECTS THAT CREATE ECONOMIC STABILITY AND UPWARD MOBILITY FOR LOW-INCOME FAMILIES IN METROPOLITAN WASHINGTON, DC. SINCE 2000 NPCDC HAS DEVELOPED 500 UNITS OF AFFORDABLE RENTAL HOUSING IN THE DISTRICT OF COLUMBIA AS WELL AS A 56 UNITS MIXED-INCOME, MIXED-USE CONDOMINIUM PROPERTY IN COLUMBIA HEIGHTS, WHICH INCLUDES 20,000 SQUARE FEET OF COMMERCIAL SPACE. IN CONJUNCTION WITH NPCDC'S DEVELOPMENT PROJECTS, A MAJOR FOCUS IS TO DESIGN, SUPPORT, AND FUND A RESIDENT SERVICE PROGRAM TARGETED AT THE TENANTS OF NPCDC'S PROPERTIES AND THE SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSET MANAGEMENT AND DEVELOPMENT: THROUGH ITS PARTNERSHIPS, NPCDC MANAGES AND OVERSEES THE ONGOING OPERATIONS OF 4 MULTIFAMILY AFFORDABLE HOUSING DEVELOPMENTS LOCATED IN WARD 8 AND ONE MIXED USE PROPERTY LOCATED IN COLUMBIA HEIGHTS. AS A RESULT OF NPCDC'S ACTIVE INVOLVMENT WITH THE PROPERTIES SIGNIFICANT DECREASES IN CRIME HAVE BEEN REALIZED IN THESE IMMEDIATE COMMUNITIES. ADDITIONALLY, THROUGH PARTNERSHIP WITH THE APPLE TREE INSTITUTE, A CHARTER SCHOOL PROVIDING LITERACY AND MATH EDUCATION TO THREE AND FOUR-YEAR OLD CHILDREN IN THE COLUMBIA HEIGHTS NEIGHBORHOOD. ADDITIONALLY, NPCDC REGULARLY LINKS RESIDENTS TO RENTAL ASSISTANCE PROVIDERS SO THAT STABLE, SAFE LIVING CONDITIONS COULD BE MAINTAINED FOR THOSE FACING ECONOMIC HARDSHIPS.
SOCIAL SERVICE PROGRAMS: NPCDC HAS EXPANDED ITS RESIDENT SERVICES PROGRAM TO INCLUDE COMMUNITY OUTREACH CENTERS AT DOUGLAS KNOLL APARTMENTS AND LANGSTON LANE APARTMENTS, A SECTION 8 COMMUNITY. TO ADDRESS OUR YOUTH, POVERTY, AND INTERGENERATIONAL EXPOSURE TO VIOLENCE AND TRAUMA, OUR RESIDENT SERVICES PROGRAM FOCUSES ON HELPING RESIDENTS IMPROVE THEIR LIFE SKILLS AND FIND RESOURCES TO INCREASE THEIR OVERALL SENSE OF SECURITY. NPCDC ENSURES THAT A LICENSED SOCIAL WORKER IS ONSITE AND PROVIDES CASE MANAGEMENT AND SERVICE RECOMMENDATIONS TO FAMILIES IN NEED OF ASSISTANCE.NPCDC SECURES GRANTS AND DONATIONS FROM LOCAL BUSINESSES, ORGANIZATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES TO PROVIDE A RANGE OF SERVICES FROM DRUG AND ALCOHOL PREVENTION AND INTERVENTION TO SUMMER EDUCATIONAL ENRICHMENT AND FIELD TRIP PROGRAMS FOR OUR YOUNG RESIDENTS. WE CURRENTLY HOST AND SUPPORT A YOUTH CYCLING PROGRAM THAT ENGAGES YOUNG PEOPLE FROM OUR COMMUNITIES IN CYCLING TRIPS THROUGHOUT THE WASHINGTON, DC AREA ALONG WITH EDUCATIONAL AND SAFETY COMPONENTS. THE RESIDENT SERVICES PROGRAM ALSO ROUTINELY SECURES LOW COST OR FREE FOOD, CLOTHING, AND SCHOOL SUPPLIES FOR DONATIONS TO RESIDENTS. NPCDC'S RESIDENT SERVICES PROGRAM HAS ESTABLISHED PARTNERSHIPS WITH MORE THAN 30 LOCAL COMMUNITY SERVICE AGENCIES, GOVERNMENT AGENCIES, GRASSROOTS ORGANIZATIONS AND BUSINESSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michelle Owens President | OfficerTrustee | 3 | $0 |
Irena Karpinski Secretary/treasurer | OfficerTrustee | 3 | $0 |
William Pendley Vice President | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $30,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,800 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $31,800 |
Total Program Service Revenue | $2,438 |
Investment income | $101 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $70,580 |
Net Gain/Loss on Asset Sales | $24,132 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,257,500 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $7,670 |
Fees for services: Legal | $1,016,645 |
Fees for services: Accounting | $6,082 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,290 |
Advertising and promotion | $0 |
Office expenses | $15,009 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $38,611 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $750 |
All other expenses | $0 |
Total functional expenses | $1,264,610 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $155,325 |
Savings and temporary cash investments | $20,000 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $20,500 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,155,387 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $1,437,011 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | -$6,157 |
Intangible assets | $0 |
Other assets | $2,335,176 |
Total assets | $8,117,242 |
Accounts payable and accrued expenses | $4,708 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $81,507 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $500,000 |
Other liabilities | -$6,320 |
Total liabilities | $579,895 |
Net assets without donor restrictions | $7,537,347 |
Net assets with donor restrictions | $0 |
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 | $8,117,242 |