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Csdc Property Corp

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

EIN: 272503955 ✦ Hanover, MD ✦ Designated as a 501(c)(4)

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Overview

What is Csdc Property Corp?

Csdc Property Corp is a nonprofit organization headquartered in Hanover, Maryland, with a mission to contribute positively to the American public. Their primary focus is on providing real estate development services to public charter schools. This commitment is driven by their belief in promoting opportunities, choice, and parent initiative in K-12 American education. They aim to stimulate economic development and job creation in underprivileged communities by investing in and developing charter schools, acting as a catalyst for revitalization. By expanding the number of charter schools in communities with waiting lists, they strive to increase educational opportunities for low-income and minority students. Ultimately, their goal is to boost high school graduation rates and college attendance rates in urban communities.

Is Csdc Property Corp legitimate?

Csdc Property Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Csdc Property 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

For more financial information, click here

What is the mission statement of Csdc Property Corp?

Csdc Property Corp's mission is centered around promoting opportunities and choice in K-12 education, particularly in the realm of public charter schools. Their activities are designed to foster the common good and general welfare of the American public. By providing real estate development services to these schools, they aim to advance an innovative, accountable, and community-based educational alternative. Additionally, they strive to stimulate economic development and job creation in economically distressed areas by investing in and developing charter schools. Csdc Property Corp also seeks to create more public charter schools in communities with waiting lists, expand educational opportunities for low-income and minority students, and increase high school graduation and college attendance rates in urban communities.

Who is the CEO of Csdc Property Corp?

Michelle Prosperi is the Incoming Chair of Csdc Property Corp. The CEO's salary of Csdc Property Corp is $0 and their total compensation is $141,365.

What is the revenue of Csdc Property Corp?

Csdc Property Corp's revenue in 2022 was $10,166,989.

Who are the executives of Csdc Property Corp and what are their salaries?


Here are 15 key members and their salaries (Csdc Property Corp's CEO's salary is $0 and their total compensation is $141,365):


Michael Curran (Incoming Chair)
  • Compensation: $0
  • Related: $28,000
  • Other: $0
Tom Nida (Outgoing Chair)
  • Compensation: $0
  • Related: $11,000
  • Other: $0
Ember Reichgott Junge (Vice Chair)
  • Compensation: $0
  • Related: $10,000
  • Other: $0
Jim Goenner (Director & Treasurer)
  • Compensation: $0
  • Related: $17,000
  • Other: $0
Lanette Dailey-Reese (Director & Secretary)
  • Compensation: $0
  • Related: $17,000
  • Other: $0
Jay Hromatka (Director)
  • Compensation: $0
  • Related: $12,500
  • Other: $0
Leo Valdez (Director)
  • Compensation: $0
  • Related: $13,500
  • Other: $0
Christina Ryan Digiulian (Director)
  • Compensation: $0
  • Related: $18,500
  • Other: $0
Al Dubin (President/Ceo (Outgoing))
  • Compensation: $0
  • Related: $345,308
  • Other: $20,590
Laura Fiemann (Senior Vice President)
  • Compensation: $0
  • Related: $315,017
  • Other: $42,311
Annette High (Financial Controller)
  • Compensation: $0
  • Related: $190,082
  • Other: $48,266
Michelle Prosperi (Chief Operating Officer)
  • Compensation: $0
  • Related: $337,908
  • Other: $56,087
Rebecca Secrest (Senior Vice President)
  • Compensation: $0
  • Related: $219,350
  • Other: $27,251
Mark Zeizel (Vice President)
  • Compensation: $0
  • Related: $205,587
  • Other: $45,458
Alan Washington (President/Ceo (Incoming))
  • Compensation: $0
  • Related: $128,083
  • Other: $13,282
Where can I find the form 990 for Csdc Property Corp?

Csdc Property Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Csdc Property Corp

Csdc Property Corp, a nonprofit organization, is committed to bettering the American public's general welfare and fostering opportunities in education. Their mission lies in promoting choice and parental initiative in K-12 education by offering real estate development services to public charter schools. By investing in and developing charter schools, they aim to stimulate economic development and job creation in economically distressed communities. This revitalization serves as a catalyst for expanding educational opportunities, particularly for low-income and minority students, in these areas.

Csdc Property Corp also strives to increase high school graduation rates and college attendance rates in urban communities by creating more public charter schools in areas with long waiting lists. This initiative not only provides additional educational opportunities but also helps decrease the number of students on these waiting lists. Ultimately, the organization's mission is driven by a desire to advance innovative, accountable, and community-based educational alternatives, ultimately contributing to a brighter future for both students and their communities.

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Impact




October, 2024

Csdc Property Corp significantly impacts the landscape of public education by focusing on real estate development services tailored for public charter schools. By promoting opportunity, choice, and parental initiative in K-12 education, it fosters an environment where innovative, community-based educational alternatives thrive.

The organization plays a crucial role in stimulating economic development and job creation within economically distressed communities. Through strategic investments in charter schools, Csdc Property Corp acts as a catalyst for revitalization, helping to create educational institutions in areas with unmet needs. This effort addresses waiting lists for charter schools, effectively expanding access to quality education for low-income and minority students.

Moreover, the work done by Csdc Property Corp contributes to improving educational outcomes, including a rise in high school graduation and college attendance rates in urban areas. By ensuring that more public charter schools are available, they are not just transforming the educational landscape but also enhancing the overall welfare of communities and providing new opportunities for future generations.




This information is meant to be a general summary of Csdc Property 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
$10,166,989 (2022)
Expenses
$11,557,712 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,929,017
  • Program Service Revenue: $7,237,929
  • Gross Receipts: $37,306,835

Assets and Liabilities:

  • Total Assets: $91,587,085
  • Total Liabilities: $86,983,391
  • Net Assets: $4,603,694

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Programs

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

RENTAL INCOME

Revenue

$5,158,431

DEVELOPER'S FEES

Revenue

$1,291,924

CAPITAL LEASE INTEREST

Revenue

$787,574

Organization Details

Founding Year

2006

Principal Officer

Michelle Prosperi

Main Address

7880 MILESTONE PARKWAY 425, HANOVER, MD, 21076

NTEE Category

Code: B99 - Education

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