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Passyunk Avenue Revitalization Corporation

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

EIN: 232973751 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Passyunk Avenue Revitalization Corporation?

Passyunk Avenue Revitalization Corporation, or PARC, is a charitable nonprofit organization situated in South Philadelphia. Their primary mission is to improve and revitalize neighborhoods along East Passyunk Avenue by acquiring, renovating, and rehabilitating both commercial and residential properties. This initiative aims to enhance the overall appearance and livability of the community. In collaboration with the City of Philadelphia, PARC offers cleaning services in specific areas, including Washington Avenue, Broad Street, and Snyder Avenue, with the goal of reducing litter and illegal dumping, promoting a clean and safe environment for residents and visitors, and creating employment opportunities. As a public space maintenance organization, PARC provides primary sidewalk cleaning support for the East Passyunk Avenue Business Improvement District. With a workforce of two dedicated individuals, PARC continuously strives to uplift the East Passyunk Avenue corridor.


Official website here: www.passyarc.com

Is Passyunk Avenue Revitalization Corporation legitimate?

Passyunk Avenue Revitalization Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passyunk Avenue Revitalization 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.

Here are some key statistics you may want to consider:

Executive Compensation: $97,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $252

For more financial information, click here


Official website here: www.passyarc.com

What is the mission statement of Passyunk Avenue Revitalization Corporation?

The Passyunk Avenue Revitalization Corporation, often referred to as PARC, is a nonprofit organization with a mission to provide community services to neighborhoods along the East Passyunk Avenue corridor. Their primary goal is to enhance these communities by acquiring, renovating, and rehabilitating buildings to promote neighborhood improvement. The organization also provides cleaning services in partnership with the City of Philadelphia, focusing on areas like Washington Avenue, Broad Street, and Snyder Avenue. Their aim is to reduce litter and illegal dumping, create a clean and safe environment for residents and visitors, and generate employment opportunities. Moreover, PARC offers primary sidewalk cleaning support for the East Passyunk Avenue Business Improvement District.


Official website here: www.passyarc.com

Who is the CEO of Passyunk Avenue Revitalization Corporation?

Alex Balloon is the Executive Director (From 02/22) of Passyunk Avenue Revitalization Corporation.


Official website here: www.passyarc.com

What is the revenue of Passyunk Avenue Revitalization Corporation?

Passyunk Avenue Revitalization Corporation's revenue in 2022 was $1,122,096.


Official website here: www.passyarc.com

Who are the executives of Passyunk Avenue Revitalization Corporation and what are their salaries?

The average compensation at Passyunk Avenue Revitalization Corporation during 2022 was $48,858. There are 2 employees and 12 volunteers at Passyunk Avenue Revitalization Corporation.

Here are 12 key members and their salaries:

    Alex Balloon (Executive Director (From 02/22))
  • Compensation: $82,212
  • Related: $0
  • Other: $0

    • Bryan Fenstermaker (Executive Director (Until 02/22))
  • Compensation: $15,252
  • Related: $0
  • Other: $0

    • Peter Angelides (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Slutsky (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Anton (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Goldfarb (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dimitria Davenport (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Dougherty (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Erace (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darren Fava (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Feldman (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Pohlig (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.passyarc.com

    Where can I find the form 990 for Passyunk Avenue Revitalization Corporation?

    The Passyunk Avenue Revitalization Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.passyarc.com

    Learn more at the official website: www.passyarc.com

    Mission Statement of Passyunk Avenue Revitalization Corporation

    Passyunk Avenue Revitalization Corporation, or PARC, is a nonprofit charitable organization with a mission to provide community services for neighborhoods along the East Passyunk Avenue corridor in South Philadelphia. Their primary objective is to improve the quality of life in these communities by acquiring, renovating, and rehabilitating buildings. This initiative aims to promote neighborhood betterment and create a more livable environment.

    In addition to their real estate development activities, PARC also provides community support and cleaning services. These services are designed to maintain the neighborhoods in a clean, safe, and habitable condition. The organization collaborates with the City of Philadelphia to clean areas such as Washington Avenue, Broad Street, and Snyder Avenue. Their goal is to reduce litter and illegal dumping, thereby enhancing the overall appearance of the neighborhoods for both residents and visitors. Furthermore, PARC's cleaning services create employment opportunities, contributing to the local economy.

    In the East Passyunk Avenue Business Improvement District, PARC provides primary sidewalk cleaning support. This commitment is part of their broader mission to foster community development and enhance the overall appeal of the neighborhoods they serve. By maintaining cleanliness and safety, PARC contributes to a positive environment that encourages growth and economic activity, ultimately benefiting the local community.

    Impact

    This information is meant to be a general summary of Passyunk Avenue Revitalization Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Passyunk Avenue Revitalization Corporation has significantly enhanced the East Passyunk Avenue corridor in South Philadelphia through its community improvement initiatives. The organization has acquired, renovated, and rehabilitated buildings, both commercial and residential, to promote neighborhood betterment. By providing essential cleaning services in partnership with the City of Philadelphia, PARC has worked diligently to reduce litter and illegal dumping, creating a clean and safe environment for residents and visitors alike. Additionally, by offering primary sidewalk cleaning support for the East Passyunk Avenue Business Improvement District, PARC has not only improved the overall aesthetics of the area but also created valuable employment opportunities for the community. Through its dedication to maintaining a clean, habitable, and appealing neighborhood, Passyunk Avenue Revitalization Corporation has made a tangible impact on the quality of life in the region.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $4,874
  • Program Service Revenue: $762,888
  • Gross Receipts: $1,122,096

    • Assets and Liabilities:
  • Total Assets: $7,101,902
  • Total Liabilities: $1,959,014
  • Net Assets: $5,142,888
  • Programs

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

    RENTAL INCOME

    Revenue

    $635,895

    FEE INCOME

    Revenue

    $126,993

    Organization Details

    Founding Year

    1999

    Principal Officer

    Alex Balloon

    Main Address

    1134 TITAN STREET, PHILADELPHIA, PA, 19147

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Passyunk Avenue Revitalization Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.