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Philadelphia Academy Community Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200701353 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Philadelphia Academy Community Development Corp?

Philadelphia Academy Community Development Corp is a nonprofit organization situated in Philadelphia, Pennsylvania. Its central mission is to support the Philadelphia Academy Charter School by providing and maintaining an educational facility for them. This is accomplished through a lease agreement, as the charter school holds a tax-exempt status under IRC 501 (C) (3). The organization's activities revolve around ensuring the school has a suitable learning environment, contributing to the education of the community's youth.

Is Philadelphia Academy Community Development Corp legitimate?

Philadelphia Academy Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philadelphia Academy Community Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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What is the mission statement of Philadelphia Academy Community Development Corp?

Philadelphia Academy Community Development Corp's primary mission is centered around supporting an educational institution. Specifically, it focuses on maintaining a facility for the Philadelphia Academy Charter School. This is achieved by leasing property to the charter school, which operates under the tax-exempt status of IRC 501 (C) (3). In essence, the organization's role is pivotal in providing a conducive learning environment for the Philadelphia Academy Charter School.

Who is the CEO of Philadelphia Academy Community Development Corp?

Steve Pawlowski is the President of Philadelphia Academy Community Development Corp.

What is the revenue of Philadelphia Academy Community Development Corp?

Philadelphia Academy Community Development Corp's revenue in 2022 was $550,380.

Who are the executives of Philadelphia Academy Community Development Corp and what are their salaries?


Here are 3 key members and their salaries:


Robert Sullivan (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Pawlowski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James E Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Philadelphia Academy Community Development Corp?

Philadelphia Academy Community Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Philadelphia Academy Community Development Corp

Philadelphia Academy Community Development Corp, as an organization, is dedicated to supporting the Philadelphia Academy Charter School's educational endeavors by maintaining a suitable facility for their operations. This mission is carried out by leasing property to the school, which is recognized as a tax-exempt organization under the Internal Revenue Code Section 501 (C) (3). The organization's role is instrumental in providing a conducive learning environment for the students of the Philadelphia Academy Charter School, thereby contributing to their overall academic success and growth.

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Impact




October, 2024

Philadelphia Academy Community Development Corp plays a crucial role in the educational landscape of Philadelphia by ensuring the maintenance and operation of the Philadelphia Academy Charter School's facilities. By leasing property to the charter school, the organization supports a stable and conducive learning environment for students, which directly contributes to their educational success.

The impact of this initiative extends beyond just physical infrastructure; it fosters a community-oriented approach to education, promoting access to quality schooling options for families in the area. The effective management of the school's facilities enables educators to focus on delivering high-quality instruction, while students benefit from a safe and well-maintained space to learn and grow.

Furthermore, by supporting a tax-exempt educational institution, Philadelphia Academy Community Development Corp enhances the broader goal of increasing educational opportunities within the community, ultimately contributing to the overall development and empowerment of the surrounding neighborhoods in Philadelphia.




This information is meant to be a general summary of Philadelphia Academy Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$550,380 (2022)
Expenses
$289,649 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $550,380
  • Gross Receipts: $550,380

Assets and Liabilities:

  • Total Assets: $4,721,950
  • Total Liabilities: $2,782,136
  • Net Assets: $1,939,814

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Rental Income

Revenue

$550,380

Organization Details

Founding Year

2002

Principal Officer

Steve Pawlowski

Main Address

2901 S 15th Street, Philadelphia, PA, 19145

NTEE Category

Code: B112 - Education

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