Overview
What is Center City District Foundation?
The Center City District Foundation is a nonprofit organization that plays a significant role in the urban renewal of its community. It has successfully completed the first phase of transforming a defunct Viaduct rail park and has plans for further phases. Additionally, the foundation is responsible for managing Collins Park, a tranquil green space situated in Center City at 1707 Chestnut Street. Notably, the foundation covers the costs associated with maintaining Collins Park, ensuring its continuity and upkeep.
Official website here: www.supportccdf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Center City District Foundation has achieved a notable rating of 96%, reflecting its strong commitment to accountability and financial management. This score, derived entirely from its Accountability & Finance beacon, indicates that the organization operates with high transparency and responsible stewardship of resources.
Strengths highlighted in the rating include a fully independent board, with 100% of its members meeting the criteria, and a strong financial oversight structure as evidenced by a comprehensive audit and oversight committee. The organization also maintains policies on conflict of interest and whistleblowing, further showcasing its commitment to ethical management practices.
While the rating emphasizes significant strengths, it is important for potential donors to also consider the context of the organization’s programs and impact metrics. Overall, the Center City District Foundation demonstrates a solid financial foundation and governance structure, making it a trustworthy option for those looking to support community initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Center City District Foundation legitimate?
Center City District Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center City District Foundation 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
For more financial information, click here
Official website here: www.supportccdf.org
What is the mission statement of Center City District Foundation?
The Center City District Foundation's mission revolves around supporting the transformation of a former rail park, with the completed phase 1 and ongoing planning for subsequent phases. Additionally, the foundation is responsible for Collins Park, a tranquil urban space located in the city center. Notably, the expenses associated with maintaining Collins Park are covered by the foundation itself.
Official website here: www.supportccdf.org
Who is the CEO of Center City District Foundation?
Paul Levy is the Ex Officio / Executive Dir. of Center City District Foundation.
Official website here: www.supportccdf.org
What is the revenue of Center City District Foundation?
Center City District Foundation's revenue in 2022 was $1,046,256.
Official website here: www.supportccdf.org
Who are the executives of Center City District Foundation and what are their salaries?
There 18 volunteers at Center City District Foundation.
Here are 10 key members and their salaries:
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- Related: $451,327
- Other: $47,312
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- Other: $0
Official website here: www.supportccdf.org
Where can I find the form 990 for Center City District Foundation?
Center City District Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supportccdf.org
Learn more at the official website: www.supportccdf.org
Mission Statement of Center City District Foundation
The Center City District Foundation plays a significant role in enhancing urban spaces within its purview. One of its key initiatives involves the transformation of the Viaduct rail park, which has seen the completion of phase 1 and is currently undergoing further planning for subsequent phases. Besides this, the foundation is also responsible for Collins Park, a tranquil retreat situated in the heart of Center City at 1707 Chestnut Street. Notably, the foundation covers the expenses associated with maintaining Collins Park. In essence, the Center City District Foundation contributes to the revitalization and upkeep of public spaces, fostering a more vibrant and appealing cityscape.
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Impact
October, 2024
The Center City District Foundation plays a crucial role in revitalizing urban spaces in Philadelphia. By transforming the defunct Viaduct rail park, they are not only breathing new life into an underutilized area but are also creating a vibrant destination for residents and visitors alike. The completion of Phase 1 of this project marks a significant step towards enhancing the city’s green infrastructure, with subsequent phases in the planning stages promising further development.
Additionally, the Foundation manages Collins Park, a small but vital green oasis located at 1707 Chestnut Street. This park provides a peaceful retreat in the bustling heart of Center City, enhancing the quality of life for those who live and work nearby. The care and maintenance of Collins Park are critical in ensuring that it continues to serve as a welcoming space for community gatherings and relaxation.
Through these initiatives, the Center City District Foundation significantly contributes to community improvement, making urban life in Philadelphia more enjoyable and sustainable.
This information is meant to be a general summary of Center City District Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $181
- Program Service Revenue: $137,756
- Gross Receipts: $1,046,256
Assets and Liabilities:
- Total Assets: $1,193,872
- Total Liabilities: $309,355
- Net Assets: $884,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARK RENTAL FEES
Revenue
$137,756
Organization Details
Founding Year
1992
Phone
(215) 440-5500Principal Officer
Paul Levy
Main Address
660 CHESTNUT STREET, PHILADELPHIA, PA, 19106
Website
www.supportccdf.orgNTEE Category
Code: S20Z - Community improvement
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