Nonprofit · EIN 23-2889102
PIDC COMMUNITY CAPITAL
Tax-exempt · PHILADELPHIA, PA 19102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $25,966,988 | $22,093,275 | $3,873,713 | $72,964,883 | $29,827,638 | $43,137,245 |
| December 31, 2023 | 990 | $7,672,949 | $1,779,857 | $5,893,092 | $70,260,615 | $30,997,083 | $39,263,532 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $20,494,813
- of which government grants
- $2,580,693
- Program service revenue
- $3,115,603
- Investment income
- $2,356,572
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $17,957,757
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $151,997
- Program services (functional)
- $21,825,616
- Management and general (functional)
- $267,659
Balance sheet and other
- Total assets, start of year
- $70,260,615
- Total assets, end of year
- $72,964,883
- Total liabilities, end of year
- $29,827,638
- Net assets, end of year
- $43,137,245
- Net assets without donor restrictions
- $43,137,245
- Gross receipts
- $25,966,988
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1957
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JODIE HARRIS | PRESIDENT Officer | 7.5 | $0 | $341,169 | $42,010 |
| SAM RHOADS | EXECUTIVE VICE PRESIDENT Officer | 7.5 | $0 | $290,738 | $53,376 |
| LAWRENCE MCCOMIE | SENIOR VICE PRESIDENT Trustee or director | 7.5 | $0 | $217,906 | $13,214 |
| JENNIFER LUCAS CROWTHER | SENIOR VICE PRESIDENT Officer | 17.5 | $0 | $161,188 | $68,899 |
| HEATHER HANOWITZ | VICE PRESIDENT Trustee or director | 7.5 | $0 | $159,308 | $29,673 |
| AMY C LEICHNER | EVP & CFO (START 9/2025) Officer | 8.5 | $0 | $54,743 | $5,101 |
| SALVATORE J PATTI | CHAIR Trustee or director, Officer | 0.75 | $0 | $0 | $0 |
| ANDREA R ALLON | VICE CHAIR (THRU 6/2025) Trustee or director, Officer | 0.75 | $0 | $0 | $0 |
| JAY GOLDSTEIN | DIRECTOR Trustee or director | 0.75 | $0 | $0 | $0 |
| JUAN LOPEZ | DIRECTOR Trustee or director | 0.75 | $0 | $0 | $0 |
| CHELLIE CAMERON | DIRECTOR Trustee or director | 0.75 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SAM RHOADS | EXECUTIVE VICE PRESIDENT Officer | 7.5 | $0 | $279,745 | $57,124 |
| TIFFANY CANADY | SVP - CFO Officer | 17 | $0 | $237,312 | $60,854 |
| JODIE HARRIS | PRESIDENT (START 06/2023) Officer | 7.5 | $0 | $188,040 | $22,126 |
| ANNE NEVINS | PRESIDENT (THRU 01/2023) Officer | 7.5 | $0 | $83,676 | $1,712 |
| SALVATORE J PATTI | CHAIR Trustee or director, Officer | 1.3 | $0 | $0 | $0 |
| ANDREA R ALLON | VICE CHAIR Trustee or director, Officer | 0.75 | $0 | $0 | $0 |
| JAY GOLDSTEIN | DIRECTOR Trustee or director | 1.3 | $0 | $0 | $0 |
| JUAN LOPEZ | DIRECTOR Trustee or director | 1.3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1500 MARKET ST STE 3500W, PHILADELPHIA, PA 19102-2115
- In care of
- % TIFFANY CANADY
- Principal officer (990 for 2024)
- JODIE HARRIS, 1500 MARKET STREET 3500W, PHILADELPHIA, PA 19102
- Signed the 990
- AMY C LEICHNER, EVP AND CFO
- Phone
- (215) 496-8020
- Website
- WWW.PIDCPHILA.COM
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
SEE SCHEDULE O.
Program accomplishments
- SEE SCHEDULE ONEW MARKETS TAX CREDIT (NMTC) PROGRAM:PIDC CC SUPPORTS HIGH IMPACT, TRANSFORMATIONAL PROJECTS THROUGH THENMTC PROGRAM. THE NMTC PROGRAM IS A FEDERAL TAX CREDIT PROGRAMDESIGNED TO GENERATE PRIVATE-SECTOR CAPITAL INVESTMENT IN LOW-INCOMEAREAS. THE PROGRAM PERMITS INDIVIDUAL AND CORPORATE TAXPAYERS TORECEIVE CREDIT AGAINST THEIR FEDERAL INCOME TAXES FOR MAKING QUALIFIEDEQUITY INVESTMENTS IN PROJECTS THAT FINANCE COMMUNITY DEVELOPMENT,STIMULATE GROWTH AND CREATE JOBS.PIDC ALLOCATED $32.5M OF NEW MARKET TAX CREDITS TO FOUR HIGH-IMPACTPROJECTS IN PHILADELPHIA. THE NMTC PROGRAM IS A US TREASURY PROGRAMWHICH UTILIZES FEDERAL TAX CREDITS TO ATTRACT PRIVATE INVESTMENT INLOW-INCOME COMMUNITIES. THESE PROJECTS CREATE QUALITY JOBS, PROVIDEESSENTIAL GOODS AND SERVICES, AND STIMULATE ADDITIONAL INVESTMENT INOUR NEIGHBORHOODS. PIDC HAS WON OVER $473 MILLION IN NMTC ALLOCATIONBETWEEN 2007 AND 2024 AND DEPLOYED $412.5 MILLION IN TAX CREDITALLOCATION SINCE 2007.DELAWARE VALLEY COMMUNITY HEALTH (DVCH), A COMMUNITY HEALTH CENTER THAT'S BEEN PROVIDING AFFORDABLE, ACCESSIBLE, AND CULTURALLY COMPETENT HEALTHCARE SERVICES THROUGHOUT THE DELAWARE VALLEY FOR OVER 50 YEARS, WITH THE GOAL OF EXPANDING TO ADD ITS FACILITIES TO IMPLEMENT A FAMILY MEDICINE RESIDENCY PROGRAM, MAKING THEM THE FIRST TEACHING HEALTH CARE CENTER IN PHILADELPHIA. THIS EXPANSION WILL ENHANCE ACCESS TO PRIMARY CARE, DENTAL AND BEHAVIORAL HEALTH SERVICES, ALLOWING THE CENTER TO INCREASE THE NUMBER OF PATIENTS SERVED ANNUALLY BY 30 PERCENT, FOR A TOTAL OF APPROXIMATELY 208,000 INDIVIDUALS. IT WILL ALSO RETAIN 133 FULL-TIME JOBS, CREATE ADDITIONAL 29 FULL-TIME JOBS, PLUS 37 CONSTRUCTION JOBS, MANY OF WHICH ARE ACCESSIBLE TO INDIVIDUALS WITHOUT A COLLEGE DEGREE. THESE ROLES PROVIDE LIVING WAGES, BENEFITS, AND STIMULATE ECONOMIC GROWTH WITHIN THE COMMUNITY, FURTHER SOLIDIFYING DVCH'S ESSENTIAL ROLE IN IMPROVING PUBLIC HEALTH AND ECONOMIC OPPORTUNITY. THE PROJECT RECEIVED $5 MILLION IN NMTC ALLOCATION FROM PIDC CC TO SUPPORT THE PROJECT.Expenses $7,920,970 · revenue $95,846
- SEE SCHEDULE OSUPPORTING GROWING BUSINESSES:PIDC CC INVESTS FLEXIBLE, AFFORDABLE CAPITAL IN GROWING LOCALBUSINESSES THE BACKBONE OF OUR ECONOMY BECAUSE THEY CREATE JOBS,BUILD WEALTH FOR ENTREPRENEURS AND STABILIZE NEIGHBORHOODS. THROUGH AVARIETY OF FUNDING RESOURCES, EDUCATIONAL PROGRAMS, AND ONE-ON-ONETECHNICAL SUPPORT, PIDC FILLS CRITICAL GAPS FOR BUSINESS OWNERS ANDNONPROFIT LEADERS WHO LACK ACCESS TO TRADITIONAL CAPITAL. IN ADDITION,PIDC CC SUPPORTS DEVELOPERS PRODUCING TRANSFORMATIVE PROJECTS THAT HAVEA POSITIVE, LASTING IMPACT ACROSS THE CITY PROVIDING JOBS, SERVICES,AND AMENITIES. PIDC CC'S LOAN PORTFOLIO COMPRISES THE FOLLOWING LOANPRODUCTS: (1) WORKING CAPITAL AND EQUIPMENT LOANS: DESIGNED TO SUPPORTSMALL AND MIDSIZE BUSINESSES AND NONPROFITS THAT NEED TERM FINANCINGFOR WORKING CAPITAL, EQUIPMENT, OR LEASEHOLD IMPROVEMENTS. (2) CAPITALPROJECT LOANS: SUPPORT BUSINESSES AND NONPROFITS UNDERTAKING CAPITALPROJECTS SUCH AS BUILDING ACQUISITION, RENOVATION, LEASEHOLDIMPROVEMENTS, OR EQUIPMENT THAT NEED ADDITIONAL FINANCING TO COMPLETETHE PROJECT. (3) CONTRACT LINES OF CREDIT: SUPPORT SMALL, MINORITY,WOMEN AND DISABLED OWNED BUSINESSES THAT NEED LINES OF CREDIT TO FUNDCONTRACT RELATED WORKING CAPITAL. (4) NEIGHBORHOOD DEVELOPMENT LOANS:PROVIDE AFFORDABLE FINANCING TO FILL FUNDING GAPS FOR DEVELOPERS OFMIXED-USE, COMMERCIAL, AND INDUSTRIAL PROJECTS LOCATED THROUGHOUTPHILADELPHIA'S NEIGHBORHOODS. THIS PRODUCT TARGETS SMALL-SCALEDEVELOPERS THAT ARE COMPLETING DEVELOPMENT PROJECTS, WHICH GENERALLY HAVE PROJECT COSTS UNDER $5 MILLION. (5) COMMERCIAL MORTGAGE LOANS:PROVIDES SUPPORT TO SMALL BUSINESSES AND NONPROFITS THAT NEED FINANCINGTO PURCHASE BUILDINGS THAT THEY EITHER CURRENTLY OCCUPY OR INTEND TORELOCATE. THE COMMERCIAL MORTGAGE LOAN PRODUCT IS TARGETED TO SMALLBUSINESSES OWNED BY MINORITIES, WOMEN, IMMIGRANTS, VETERANS, OR OTHERDISADVANTAGED POPULATIONS, AS WELL AS NONPROFITS AND BUSINESSES LOCATEDIN LOW-INCOME COMMUNITIES.IN 2024, PIDC ORIGINATED $72.4 MILLION IN NEW LOANS TO 69 SMALL ANDMID-SIZED BUSINESSES, NONPROFITS, AND DEVELOPERS OF ALL SIZES THROUGH PROJECTS IN NEIGHBORHOODS IN PHILADELPHIA. OF THE NEW LOANS, $56.6 MILLION WAS INVESTED AS LEVERAGE TOWARDS TOTAL PROJECT COSTS AND $17.6 MILLION WAS INVESTED IN WOMEN-OWNED BUSINESSES. 85% OF ALL PIDC CORE LENDING WENT TO DIVERSE/MINORITYBUSINESS ENTERPRISES.PIDC CC PROVIDES FINANCING SOLUTION FOR SMALL BUSINESSES AND NONPROFITSSEEKING TO PURCHASE NEW OR EXISTING REAL ESTATE TO BUILD WEALTH, LIMITDISPLACEMENT, AND SUPPORT LONG-TERM GROWTH IN PHILADELPHIA. PAST YOUR BEDTIME CHILDCARE CENTER IS A KEYSTONE STARS LEVEL 4 CHILDCARE PROVIDER SERVING THE FAMILIES OF OVERBROOK FARMS WITH RELIABLE, SAFE, AND NUTURING CARE FOR VULNERABLE CHILDREN. PIDC SUPPORTED THE BUSINESS WITH A COMMERCIAL MORTGAGE LOAN TO HELP THEM ACQUIRE THE BUILDING THE DAYCARE IS LOCATED IN, ENSURING THAT THIS LONG STANDING BUSINESS PROVIDING VALUABLE SERVICES TO THE COMMUNITY AVOIDS DISPLACEMENT. PIDC CC ALSO PROVIDES AFFORDABLE WORKING CAPITAL FOR SMALL-, MINORITY-,WOMEN-, AND DISABLED-OWNED BUSINESSES SEEKING A LINE OF CREDIT TO FUNDCONTRACT-RELATED WORKING CAPITAL, INCLUDING LABOR, MATERIALS, ANDEQUIPMENT COSTS.IN 2024, WE CONTINUED OUR BUSINESS SUPPORT SERVICES EDUCATIONALWORKSHOPS, ONE-ON-ONE COUNSELING, CREDIT REPAIR, AND NETWORKING EVENTSDESIGNED TO SUPPORT BUSINESS GROWTH AND CONNECT PHILADELPHIA'S SMALLBUSINESS COMMUNITY TO TRUSTED KNOWLEDGE AND RESOURCES VIA WORKSHOPS.PIDC BUSINESS BUILDER WORKSHOPS ARE YEAR-ROUND WORKSHOPS WHICH PROVIDECRITICAL BUSINESS EDUCATION TO ENTREPRENEURS AND ORGANIZATIONS FROMEVERY INDUSTRY. PIDC HOSTED 29 WORKSHOPS WITH MORE THAN 700 HOURSDEDICATED TO COACHING AND CONSULTING SUPPORT FOR PIDC CLIENTS. TOPICS INCLUDED DEBT MANAGEMENT, PROJECT OVERSIGHT, BUYING AND FINANCING COMMERCIAL REAL ESTATE, FEDERAL GOVERNMENT CONTRACTING, AND BUSINESS EDUCATION AND MENTORING PROGRAMS.OF THE HOSTED WORKSHOPS, ELEVEN (11) WERE HELD IN SPANISH WHEREBY PIDCCONTINUED A SERIES OF SPANISH-LANGUAGE WORKSHOPS, AS STARTED IN 2022,AS A PART OF PIDC'S STRATEGY TO BETTER SERVE SPANISH-SPEAKINGENTREPRENEURS, ONE OF THE FASTEST GROWING BUSINESS GROUPS INPHILADELPHIA. THE SERIES IS PART OF PIDC'S BUSINESS BUILDER WORKSHOPS.TOPICS IN THE SERIES INCLUDED MENTAL HEALTH, BUILDING CREDIT, CITYRESOURCES, BUYING AND FINANCING COMMERCIAL REAL ESTATE, LEADERSHIP, AND MORE.Expenses $13,674,288 · grants $17,957,757 · revenue $3,019,757
- PROVISION FOR LOAN LOSS/ASC 326Expenses $230,358
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2889102
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S31Z)
- Assets (IRS master file)
- $72,964,883
- Income (IRS master file)
- $25,966,988
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $25,966,988 | $22,093,275 | $72,964,883 | IRS |
| 990 | December 2023 | $7,672,949 | $1,779,857 | $70,260,615 | XML |
| 990 | December 2022 | $11,497,750 | $1,736,303 | $73,782,065 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2889102).
Questions about PIDC COMMUNITY CAPITAL
- What is the EIN of PIDC COMMUNITY CAPITAL?
- The employer identification number (EIN) of PIDC COMMUNITY CAPITAL is 23-2889102.
- Is PIDC COMMUNITY CAPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to PIDC COMMUNITY CAPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PIDC COMMUNITY CAPITAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PIDC COMMUNITY CAPITAL due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PIDC COMMUNITY CAPITAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PIDC COMMUNITY CAPITAL?
- The 990 for the year ended December 31, 2024 names JODIE HARRIS.
- Who are the officers and directors of PIDC COMMUNITY CAPITAL?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does PIDC COMMUNITY CAPITAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $25,966,988, expenses of $22,093,275 and total assets of $72,964,883 at year end.
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All nonprofits in PHILADELPHIA · Pennsylvania · Community improvement and capacity building