Nonprofit · EIN 47-4815728
CENTENNIAL PARKSIDE CDC
Tax-exempt · PHILADELPHIA, PA 19131
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $930,546 | $887,802 | $42,744 | $1,210,722 | $209,797 | $1,000,925 |
| December 31, 2023 | 990 | $812,649 | $634,863 | $177,786 | $1,182,481 | $224,300 | $958,181 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $748,215
- Program service revenue
- $173,823
- Investment income
- $7,666
- Other revenue
- $842
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $95,149
- Other salaries and wages
- $314,428
- Salaries, compensation and benefits (total)
- $454,736
- Professional fundraising fees
- $0
- Legal fees
- $50
- Accounting fees
- $14,815
- Occupancy
- $38,295
- Travel
- $3,692
- Depreciation
- $4,800
- Program services (functional)
- $803,433
- Management and general (functional)
- $78,524
- Fundraising (functional)
- $5,845
Balance sheet and other
- Total assets, start of year
- $1,182,481
- Total assets, end of year
- $1,210,722
- Total liabilities, end of year
- $209,797
- Net assets, end of year
- $1,000,925
- Land, buildings and equipment
- $418,159
- Net assets without donor restrictions
- $398,605
- Net assets with donor restrictions
- $602,320
- Gross receipts
- $930,546
- Employees
- 23
- Volunteers
- 0
- Year formed
- 2015
- 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 | Other / benefits |
|---|---|---|---|---|
| JESSI RAY KOCH | EXECUTIVE DIRECTOR Officer | 40 | $77,289 | $6,874 |
| CHRIS SPAHR | EXECUTIVE DIRECTOR Officer | 40 | $17,860 | $1,214 |
| JOYCE SMITH | INTERIM PRESIDENT Trustee or director, Officer | 6 | $0 | $0 |
| RONALD COLEMAN | TREASURER Trustee or director, Officer | 6 | $0 | $0 |
| RYAN SCHUMANN | SECRETARY Trustee or director, Officer | 6 | $0 | $0 |
| LORRAINE GOMEZ | RCO CHAIR Trustee or director | 6 | $0 | $0 |
| NANCY BOYD | TRUSTEE Trustee or director | 6 | $0 | $0 |
| ASHA LE DAVIS | TRUSTEE Trustee or director | 6 | $0 | $0 |
| RADEE HAMMETT | TRUSTEE Trustee or director | 6 | $0 | $0 |
| BETHANY HOUSEMAN | TRUSTEE Trustee or director | 6 | $0 | $0 |
| JULIO RODRIGUEZ | TRUSTEE Trustee or director | 6 | $0 | $0 |
| JAMES WRIGHT | TRUSTEE Trustee or director | 6 | $0 | $0 |
| RYAN KUCK | ADVISORY MEMBER Trustee or director | 6 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRIS SPAHR | EXECUTIVE DIRECTOR Officer | 40 | $64,417 | $4,774 |
| JOYCE SMITH | PRESIDENT Trustee or director, Officer | 6 | $0 | $0 |
| RONALD COLEMAN | TREASURER Trustee or director, Officer | 6 | $0 | $0 |
| RYAN SCHUMANN | SECRETARY Trustee or director, Officer | 6 | $0 | $0 |
| LORRAINE GOMEZ | TRUSTEE Trustee or director | 6 | $0 | $0 |
| NANCY BOYD | TRUSTEE Trustee or director | 6 | $0 | $0 |
| ASHA LE DAVIS | TRUSTEE Trustee or director | 6 | $0 | $0 |
| RADEE HAMMETT | TRUSTEE Trustee or director | 6 | $0 | $0 |
| BETHANY HOUSEMAN | TRUSTEE Trustee or director | 6 | $0 | $0 |
| JULIO RODRIGUEZ | TRUSTEE Trustee or director | 6 | $0 | $0 |
| JAMES WRIGHT | TRUSTEE Trustee or director | 6 | $0 | $0 |
| RYAN KUCK | ADVISORY MEMBER Trustee or director | 6 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 28050, PHILADELPHIA, PA 19131-8050
- Principal officer (990 for 2024)
- Jessi Koch, 3479 W GIRARD AVE, PHILADELPHIA, PA 19104
- Signed the 990
- Jessi Koch, Executive Director
- Phone
- (267) 225-8356
- Website
- WWW.CENTENNIALPARKSIDE.ORG
- Return prepared by
- Wentzel and Company PC
Mission
OUR MISSION IS TO PRESERVE, PROMOTE AND REVITALIZE EAST PARKSIDE THROUGH PARTNERSHIPS WITH BUSINESSES AND INSTITUTIONS AND PROGRAMS THAT ENGAGE RESIDENTS, INCREASE OPPORTUNITY, AND GROW A DIVERSE, THRIVING COMMUNITY.
Program accomplishments
- REAL ESTATE - WORKS TO ACQUIRE AND RENOVATE PROPERTIES IN THE NEIGHBORHOOD TO PROVIDE AFFORDABLE HOUSING AND COMMERCIAL SPACE FOR RESIDENTS. EDUCATES RESIDENTS IN REAL ESTATE ACQUISITION, DEVELOPMENT, AND MANAGEMENT.Expenses $370,865
- THE CLEAN AND GREEN / AMBASSADOR PROGRAM - PROVIDES SUPPLEMENTAL CLEAN UP TO CITY SERVICES. WE HOLD BLOCK CLEAN UPS, SWEEP SIDEWALKS, REMOVE BILL POSTING AND ATTEND TO VACANT LOT MAINTENANCE. WE ALSO PROVIDE A LIVING WAGE JOB TO RESIDENTS AND WORKFORCE DEVELOPMENT OPPORTUNITIES TO BUILD NEW SKILLS.Expenses $286,793 · revenue $173,823
- ARTS AND CULTURE PROGRAMS - NEIGHBORHOOD PROGRAMMING RELATED TO HEALTH AND THE ARTS. THIS INCLUDES FINANCIAL LITERACY WORKSHOPS FOR YOUTH AND THEIR PARENTS, SPOKEN WORD AND POETRY WORKSHOPS FOR YOUTH, AND SPACES FOR YOUTH TO EXPRESS THEIR CHALLENGES AND VICTORIES THROUGH TABLE TALKS.Expenses $141,028
- SOLAR PROGRAM - BUILDING A GREEN ECONOMY FOR LOW AND MODERATE INCOME HOUSEHOLDS THAT CONNECTS FAMILIES TO INNOVATIVE FINANCING FOR SOLAR ENERGY PROJECTS THAT SAVE THEM MONEY ON THEIR ENERGY BILLS WHILE CREATING JOBS FOR PHILADELPHIA RESIDENTS.Expenses $4,747 · revenue $7,666
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
- 47-4815728
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $1,210,722
- Income (IRS master file)
- $930,546
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $930,546 | $887,802 | $1,210,722 | XML |
| 990 | December 2023 | $812,649 | $634,863 | $1,182,481 | XML |
| 990 | December 2022 | $468,133 | $506,327 | $1,054,159 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | 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 47-4815728).
Questions about CENTENNIAL PARKSIDE CDC
- What is the EIN of CENTENNIAL PARKSIDE CDC?
- The employer identification number (EIN) of CENTENNIAL PARKSIDE CDC is 47-4815728.
- Is CENTENNIAL PARKSIDE CDC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to CENTENNIAL PARKSIDE CDC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CENTENNIAL PARKSIDE CDC 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 CENTENNIAL PARKSIDE CDC 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 CENTENNIAL PARKSIDE CDC 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 CENTENNIAL PARKSIDE CDC?
- The 990 for the year ended December 31, 2024 names Jessi Koch.
- Who are the officers and directors of CENTENNIAL PARKSIDE CDC?
- The 990 for the year ended December 31, 2024 lists 13 people; 2 received compensation from the organization, the highest $77,289 (JESSI RAY KOCH, EXECUTIVE DIRECTOR).
- How much revenue does CENTENNIAL PARKSIDE CDC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $930,546, expenses of $887,802 and total assets of $1,210,722 at year end.
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