Csdc Facilities Corporation

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

EIN: 300142162 ✦ Hanover, MD ✦ Designated as a 501(c)(3)

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Overview

What is Csdc Facilities Corporation?

Csdc Facilities Corporation is a nonprofit organization situated in Hanover, Maryland. Its primary mission is to provide support services to Charter Schools Development Corporation (CSDC) and its affiliated or controlled organizations. The corporation's role is to bolster CSDC's mission of offering financing, administrative, and technical assistance to charter schools. With a workforce of 15 dedicated individuals, Csdc Facilities Corporation plays a crucial role in enhancing the operations and success of charter schools under CSDC's umbrella.

Is Csdc Facilities Corporation legitimate?

Csdc Facilities Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Csdc Facilities 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: $0

For more financial information, click here

What is the mission statement of Csdc Facilities Corporation?

The mission of Csdc Facilities Corporation is to offer support services to Charter Schools Development Corporation and its affiliated or controlled organizations. This organization plays a crucial role in aiding CSDC in achieving its mission, which is to provide financing, administrative, and technical services to support charter schools. By offering these services, the corporation aims to contribute to the overall success and growth of the charter schools under CSDC's purview.

Who is the CEO of Csdc Facilities Corporation?

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

What is the revenue of Csdc Facilities Corporation?

Csdc Facilities Corporation's revenue in 2022 was $4,994,945.

Who are the executives of Csdc Facilities Corporation and what are their salaries?

There are 15 employees at Csdc Facilities Corporation.


Here are 15 key members and their salaries (Csdc Facilities Corporation'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
Alvin 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 Facilities Corporation?

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

Mission Statement of Csdc Facilities Corporation

Csdc Facilities Corporation, as a supporting entity, is committed to providing assistance services to Charter Schools Development Corporation and its affiliated or controlled organizations. The organization's primary role is to bolster CSDC in its mission to offer financing, administrative, and technical support to charter schools. By offering these services, Csdc Facilities Corporation plays a crucial role in ensuring the smooth operation and development of charter schools under CSDC's purview. The organization's mission is essentially to strengthen and empower CSDC in its mission to support the growth and success of charter schools.

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Impact




October, 2024

Csdc Facilities Corporation plays a significant role in enhancing the educational landscape by providing essential support services to the Charter Schools Development Corporation (CSDC) and its affiliated organizations. Based in Hanover, MD, the organization focuses on enabling CSDC to fulfill its mission of offering financing, administrative, and technical services that empower charter schools.

By streamlining operations and facilitating access to resources, Csdc Facilities Corporation contributes to the development and sustainability of charter schools, allowing them to operate more effectively and focus on delivering quality education. This impact not only supports the individual schools but also fosters broader educational opportunities within the community, promoting innovation and accessibility within the educational system.




This information is meant to be a general summary of Csdc Facilities 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
$4,994,945 (2022)
Expenses
$4,571,047 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,086,957
  • Program Service Revenue: $3,907,988
  • Gross Receipts: $14,116,391

Assets and Liabilities:

  • Total Assets: $42,312,151
  • Total Liabilities: $39,081,258
  • Net Assets: $3,230,893

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Programs

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

RENTAL INCOME

Revenue

$3,701,688

DEVELOPER'S FEES

Revenue

$206,300

Organization Details

Founding Year

2002

Principal Officer

Michelle Prosperi

Main Address

7880 MILESTONE PARKWAY 425, HANOVER, MD, 21076

NTEE Category

Code: B00 - Education

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