Overview
What is East Falls Development Corporation?
The East Falls Development Corporation is a not-for-profit organization situated in Philadelphia, Pennsylvania, with a specific focus on boosting the well-being of its local residents, businesses, and institutions within the East Falls area. As a community-driven development entity, their mission is to leveraging the strategic location of East Falls between Center City Philadelphia and other surrounding areas, fostering economic growth and improvement for the community. With a small team of six dedicated individuals, the organization strives to promote a vibrant and thriving East Falls community.
Official website here: www.discovereastfalls.org
Is East Falls Development Corporation legitimate?
East Falls Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Falls 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: $65,388
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,235
For more financial information, click here
Official website here: www.discovereastfalls.org
What is the mission statement of East Falls Development Corporation?
The East Falls Development Corporation, a not-for-profit entity, is committed to fostering community-based economic development. Their mission is to enhance the well-being of the residents, businesses, and institutions within their community. They strive to leverage the strategic location of their community, situated between Center City Philadelphia and other areas, to create a thriving and prosperous environment. Their objectives include promoting safety, health, and overall welfare within the community.
Official website here: www.discovereastfalls.org
Who is the CEO of East Falls Development Corporation?
Kevin Duffy is the Board Chair of East Falls Development Corporation.
Official website here: www.discovereastfalls.org
What is the revenue of East Falls Development Corporation?
East Falls Development Corporation's revenue in 2022 was $243,070.
Official website here: www.discovereastfalls.org
Who are the executives of East Falls Development Corporation and what are their salaries?
The average compensation at East Falls Development Corporation during 2022 was $14,437. There are 6 employees and 50 volunteers at East Falls Development Corporation.
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Official website here: www.discovereastfalls.org
Where can I find the form 990 for East Falls Development Corporation?
East Falls Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.discovereastfalls.org
Learn more at the official website: www.discovereastfalls.org
Mission Statement of East Falls Development Corporation
The East Falls Development Corporation, a not-for-profit entity, is committed to fostering community-based economic development in the benefit of East Falls. Their mission is to enhance the well-being of the local residents, businesses, and institutions in this particular section of Philadelphia. By capitalizing on the strategic location of East Falls, sandwiched between Center City Philadelphia and other undisclosed areas, the corporation aims to create a thriving community that leverages its unique assets for collective growth and prosperity.
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Impact
October, 2024
The East Falls Development Corporation plays a crucial role in the economic revitalization and community enhancement of East Falls in Philadelphia. By strategically leveraging the neighborhood's prime location between Center City and surrounding areas, the organization fosters a vibrant environment that benefits residents, businesses, and local institutions. Its efforts focus on promoting the health, safety, and welfare of the community, ensuring that development initiatives align with the needs and interests of East Falls stakeholders. Through various programs and initiatives, the East Falls Development Corporation enhances community engagement and drives sustainable growth, ultimately contributing to a more cohesive and thriving neighborhood.
This information is meant to be a general summary of East Falls 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $126
- Program Service Revenue: $43,179
- Gross Receipts: $247,575
Assets and Liabilities:
- Total Assets: $490,372
- Total Liabilities: $22,533
- Net Assets: $467,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
parking lot income
Revenue
$43,179
Organization Details
Founding Year
1995
Phone
(215) 848-8084Principal Officer
Kevin Duffy
Main Address
4265 Kelly Drive, Philadelphia, PA, 19129
Website
www.discovereastfalls.orgNTEE Category
Code: S31 - Community improvement
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