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EIN 23-1583209

Central Philadelphia Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Philadelphia
State
Pennsylvania
Year formed
1956
Most recent tax filings
2022-12-01
NTEE code, primary
S30: Economic Development
Description
Central Philadelphia Development Corporation disseminates research data, promotes the expansion of residential activity, advocates for competitive tax policies, and generates marketing materials to support business and residential attraction and retention. Its goal is to strengthen the competitiveness of Center City Philadelphia as an attractive place to work, visit, and live, and enhance it as the vibrant hub of the Greater Philadelphia Region through research, planning, advocacy, and private sector leadership.
Total revenues
$257,833
2022
Total expenses
$262,003
2022
Total assets
$327,273
2022
Num. employees
0
2022

Program areas at Central Philadelphia Development Corporation

To support business and residential attraction and retention, cpdc disseminates its research data on business and employment trends, promotes the expansion of residential activity, advocates for more competitive tax policies, and generates marketing materials on the strengths of center city. The annual state of center city report, bi-weekly email newsletters, and other publications produced in conjunction with the ccd are distributed to all members in addition to the quarterly meetings at which issue-specific position papers and panel discussions are presented to all members.

Who funds Central Philadelphia Development Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
William Penn FoundationCPDC Membership 2022$4,000
AmazonSmile FoundationGeneral Support$11

Personnel at Central Philadelphia Development Corporation

NameTitleCompensation
Paul LevyPresident and Chief Executive Officer$0
S Prema GuptaExecutive Director$0
Robert LaneEmeritus / Emeritus / Emeritus / Emeritus / Emeritus / Immediate Past Chairman$0
James PearlsteinPresident / Secretary$0
Julian RackowEmeritus$0
...and 9 more key personnel

Financials for Central Philadelphia Development Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$257,761
Program services$0
Investment income and dividends$72
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$257,833

Form 990s for Central Philadelphia Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990View PDF
2021-122022-11-02990View PDF
2020-122021-09-23990View PDF
2019-122021-02-17990View PDF
2018-122019-10-28990View PDF
...and 9 more Form 990s

Organizations like Central Philadelphia Development Corporation

OrganizationLocationRevenue
Alliance Area DevelopmentAlliance, OH$200,929
Dawson Economic Development CouncilGlendive, MT$134,885
Buckeye Lake Region CorporationBuckeye Lake, OH$172,095
C3 of NW AlabamaGuin, AL$420,493
Mitchell County Economic Development CommissionOsage, IA$155,121
Ashland Area Economic Development CorporationAshland, NE$112,784
Stafford County Economic DevelopmentSt John, KS$1,067,232
Lake Agassiz Regional Development CorporationFargo, ND$1,028,697
Growth InnovationsAitkin, MN$286,387
Arrowhead CenterLas Cruces, NM$795,213
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 2 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $4,000 from William Penn Foundation
July 31, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanitiesCommunity improvementEconomic development
Characteristics
MembershipsState / local levelTax deductible donationsNo full-time employees
General information
Address
660 Chestnut St
Philadelphia, PA 19106
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
centercityphila.org/ 
Phone
(215) 440-5517
IRS details
EIN
23-1583209
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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