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Central Philadelphia Development Corporation

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

EIN: 231583209 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Central Philadelphia Development Corporation?

The Central Philadelphia Development Corporation is a nonprofit organization that plays a significant role in promoting business and residential growth in the area. They disseminate research data on business and employment trends, advocate for more competitive tax policies, and generate marketing materials highlighting the strengths of Center City. To keep members informed, they distribute annual reports, bi-weekly newsletters, and various publications. Furthermore, they hold quarterly meetings featuring position papers and panel discussions on specific issues. The primary goal of Central Philadelphia Development Corporation is to attract and retain both businesses and residents, thereby contributing to the overall development and prosperity of the city.


Official website here: www.centercityphila.org

Is Central Philadelphia Development Corporation legitimate?

Central Philadelphia Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Philadelphia Development Corporation 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: $83,004

For more financial information, click here


Official website here: www.centercityphila.org

What is the mission statement of Central Philadelphia Development Corporation?

The Central Philadelphia Development Corporation's mission is centered around supporting business and residential attraction and retention. They disseminate research data on business and employment trends, promote residential activity expansion, advocate for more competitive tax policies, and generate marketing materials highlighting the strengths of their city. Various publications, such as the Annual State of Center City Report and bi-weekly email newsletters, are distributed to members, and quarterly meetings feature issue-specific position papers and panel discussions.


Official website here: www.centercityphila.org

Who is the CEO of Central Philadelphia Development Corporation?

Prema Gupta is the Principal Officer of Central Philadelphia Development Corporation. The CEO's salary of Central Philadelphia Development Corporation is $0 and their total compensation is $0.


Official website here: www.centercityphila.org

What is the revenue of Central Philadelphia Development Corporation?

Central Philadelphia Development Corporation's revenue in 2022 was $257,833.


Official website here: www.centercityphila.org

Who are the executives of Central Philadelphia Development Corporation and what are their salaries?

There 36 volunteers at Central Philadelphia Development Corporation.


Here are 37 key members and their salaries (Central Philadelphia Development Corporation's CEO's salary is $0 and their total compensation is $0):


Edward D Alba (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pearlstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
H Hetherington Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Derham (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christophe Terlizzi (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julian Rackow (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Brookman (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lane (Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Prema Gupta (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Bovario Nevins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Celoni (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Coler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Crowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Dichter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Duffy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Fulmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Gilchrist (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Healy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Henderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Jindia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ajamu Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Kelsen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kessler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Krouse (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Mccaney (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Mcclure (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Merlini (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Papageorge (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Rosenbleeth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Scarola (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernard Shields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Silow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Stern (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Strober (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Tucker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Zuritsky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Levy (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centercityphila.org

Where can I find the form 990 for Central Philadelphia Development Corporation?

Central Philadelphia Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centercityphila.org

Learn more at the official website: www.centercityphila.org

Mission Statement of Central Philadelphia Development Corporation

Central Philadelphia Development Corporation, or CPDC, is an organization dedicated to supporting business and residential growth in the city. Their mission involves disseminating research data on business and employment trends, promoting residential activity, advocating for more competitive tax policies, and generating marketing materials highlighting the strengths of the city center. CPDC achieves this through various means, such as producing annual reports on the state of the city, sending bi-weekly email newsletters, and presenting issue-specific position papers and panel discussions at their quarterly meetings, all of which are made available to their members. By carrying out these activities, CPDC aims to contribute to the overall attraction and retention of businesses and residents in the city, thereby boosting its economic and social vitality.

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Impact




October, 2024

Central Philadelphia Development Corporation (CPDC) plays a pivotal role in enhancing the vitality of the Center City area through targeted strategies aimed at attracting and retaining businesses and residents. By disseminating comprehensive research data on business and employment trends, CPDC informs stakeholders about the economic landscape, helping them make informed decisions.

The organization actively promotes the expansion of residential activities, ensuring that the residential environment is thriving and conducive to quality living. By advocating for more competitive tax policies, CPDC creates a favorable business climate, making it attractive for new ventures to establish themselves in the city.

Additionally, CPDC generates impactful marketing materials that highlight the strengths of Center City, effectively showcasing its value to potential residents and businesses. Publications such as the annual State of Center City report, along with bi-weekly email newsletters and quarterly meetings, serve as vital resources for members, providing valuable insights and fostering community engagement through issue-specific position papers and panel discussions.

Overall, CPDC significantly contributes to shaping a vibrant, competitive urban environment in Philadelphia, which benefits both its residents and the business community.




This information is meant to be a general summary of Central Philadelphia Development Corporation. 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
$257,833 (2022)
Expenses
$262,003 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72
  • Gross Receipts: $257,833

Assets and Liabilities:

  • Total Assets: $327,273
  • Total Liabilities: $52,990
  • Net Assets: $274,283

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Organization Details

Founding Year

1956

Principal Officer

Prema Gupta

Main Address

660 CHESTNUT STREET, PHILADELPHIA, PA, 19106

NTEE Category

Code: A26Z - Arts

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