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Frankford Community Development Corporation

Frankford Community Development Corporation

Philadelphia, PA
Tax ID23-2738932

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About this organization

Revenue

$653,592

Expenses

$383,277

Mission

The Frankford Community Development Corporation helps small businesses in the Frankford community by providing business- persons going concerns startups with management and economic assistance.

About

Community Economic Development Services. The Frankford CDC carries out activities which included the promotion of cooperation between businesses, residents, and government agencies on issues that affect the quality of life and the business climate in the Frankford neignborhood of Philadelphia. The Frankford CDC also works in concert with existing community and retail business associations and government agencies.

Interesting data from their 2019 990 filing

The non-profit's mission, as described in the filing, is “Enhance quality of life and business opportunties in the frankford corridor of the city of philadelphia through providing economic development, housing, public safety and revitalization services to the business community.”.

When describing its duties, they were characterized as: “The frankford community development corporation helps small businesses in the frankford community by providing business- persons going concerns startups with management and economic assistance.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as PA.
  • The filing shows that the non-profit's address as of 2019 is 4600 Griscom Street, Philadelphia, PA, 19124.
  • As of 2019, the non-profit has reported a total of 6 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $270,315.
  • The compensation policy for the CEO of the organization is not determined through an impartial evaluation and endorsement.
  • The organization has 7 independent voting members.
  • The organization was formed in 1993.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $287,708 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.

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