Community Preservation and Development Corporation
Community Preservation and Development Corporation
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About this organization
Mission
See Schedule O
About
Community Preservation and Development Corporation (CPDC) coordinates resident services to complement the revitalization spurred by the physical renovation of its properties, and to create an interactive and innovative model for the development of financially sound and socially responsible affordable housing communities. Our community building model relies on internal and external partnerships, is flexible to remain relevant, and demonstrates value through results based accountability and performance measurement. The model impacts all business units of CPDC, resident services, asset and property management, and real estate development. This model focuses on five areas of sustainable community development: economic development, resident engagement, health and wellness, education, and 'green' property and community issues, with housing and community stability at its core. CPDC collaborates with residents of each of its communities, private sector institutions, other non-profit organizations, and local and federal government agencies to create strategic alliances. The resulting programs and services provide residents and those in the immediately surrounding communities with the resources and tools they need to make improvements in the quality of their lives.
Interesting data from their 2020 990 filing
The filing specifies the mission of the non-profit as “Community preservation and development corporation's (cpdc's) exempt purpose is to create and preserve financially sound, socially responsible, decent, safe and affordable rental housing for low and moderate income individuals and families. cpdc sponsors the acquisition, development and ownership of rental communities; and coordinates and develops site-based resident services that promote individual growth and community development through networks of residents, private sector institutions, nonprofit organizations, and local and federal government agencies to create strategic alliances. these alliances result in programs that provide cpdc residents and members of surrounding communities with the resources and tools they need to bring about dynamic change at the personal and community level.”.
When explaining its duties, they were described as: “See schedule o”.
- The state in which the non-profit is authorized to operate legally is MD.
- According to the filing, the address of the non-profit for the year 2020 is 8403 COLESVILLE ROAD NO 1150, SILVER SPRING, MD, 20910.
- The non-profit has reported 79 employees on their form for the year 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,584,691.
- The organization has 7 independent voting members.
- The organization was formed in 1989.
- The organization pays $3,392,273 in salary, compensation, and benefits to its employees.
- The organization pays $249,316 in fundraising expenses.
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