2024-08-15T11:11:28-05:00 2023-09-30 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-10-01 237439723 PHILADELPHIA CHINATOWN DEVELOPMENT CORPORATION PHIL 2159222156 301 N 9TH STREET PHILADELPHIA PA 19107 JOHN CHIN EXECUTIVE DIRECTOR 2159222156 2024-08-15 1 0 STEVEN M GLUECK P00856557 2155677770 2024-08-15 2022 2024-08-08 14:25:15Z JOHN CHIN 301 N 9TH STREET PHILADELPHIA PA 19107 2571233 0 X CHINATOWN-PCDC.ORG X 1969 PA PCDC PROVIDES BILINGUAL, CULTURALLY SENSITIVE ASSISTANCE AND SERVICES TO CLIENTS IN PHILADELPHIA'S CHINATOWN NEIGHBORHOOD. 14 14 38 125 0 0 3932320 1695151 1199198 859888 0 0 88617 -17754 5220135 2537285 0 0 0 0 806047 927486 0 0 11 1191765 1226393 1997812 2153879 3222323 383406 21235360 24095150 6303359 6514865 14932001 17580285 X THE CORPORATION'S MISSION INCLUDES, BUT IS NOT LIMITED TO, COMBATING COMMUNITY DETERIORATION WITHIN CHINATOWN; PRESERVING AND DEVELOPING THE CHINATOWN COMMUNITY; LEADING THE COMMUNITY IN NEIGHBORHOOD PLANNING, CONSIDERING LAND USE, AND ADDRESSING ZONING LAWS; SERVING THE RESIDENTS OF CHINATOWN, ESPECIALLY IN THE AREA OF PROVIDING AFFORDABLE HOUSING, AND PROMOTING EDUCATION PROGRAMS TO INCREASE THE GENERAL PUBLIC'S AWARENESS OF CHINESE AMERICAN CULTURE. 0 0 412908 859888 HOUSING DEVELOPMENT - PCDC HAS DEVELOPED OVER 500 UNITS OF MIXED-USE AND MIXED-INCOME HOUSING, ELIMINATES BLIGHT, PARTICULARLY IN CHINATOWN NORTH, AND BRINGS EQUITABLE DEVELOPMENT IN A TRANSITIONING NEIGHBORHOOD. IN 2019, PCDC COMPLETED THE MIXED USE (RESIDENTIAL, OFFICE, RETAIL, EDUCATION, RECREATION AND CULTURE) CRANE COMMUNITY CENTER AND RESIDENCE. IN 2020, PCDC OPENED NORTH FAMILY HOMES, WHICH IS A 13-UNIT APARTMENT, WITH SUPPORT FROM PHILADELPHIA HOUSING AUTHORITY AND FEDERAL HOME LOAN BANK OF PITTSBURGH. IN 2021, PCDC DEVELOPED 8 UNITS OF AFFORDABLE HOUSING ON BLIGHTED LAND AT 624 AND 632 N 12TH STREETS. IN 2022, PCDC WILL DEVELOP 8 UNITS OF AFFORDABLE HOUSING ON BLIGHTED LAND AT 610, 636, AND 649 N 11TH STREETS. 845703 CRANE CENTER - THE MISSION OF THE CRANE CENTER IS TO SERVE AS THE COMMUNITY CENTER FOR CHINATOWN AND THE CHINESE CULTURAL CENTER FOR GREATER PHILADELPHIA. THE CENTER IS A MULTI-USE COMMUNITY CENTER, WHICH OFFERS HIGH-QUALITY RECREATION CENTER FOR COMMUNITY SPORTS, EDUCATION SERVICES, AND SOCIAL AND CULTURAL EVENTS. THE CENTER OFFERS CLASSES, EVENTS AND PROGRAMS, A STATE-OF-THE-ART GYMNASIUM FOR BASKETBALL, VOLLEYBALL, BADMINTON AND PING PONG. THE CENTER HOSTS YOUTH, HOUSING AND FAMILY SERVICE PROGRAMS. IT OFFERS HOUSING COUNSELING AND FINANCIAL COUNSELING PROGRAMS TARGETING LOW-INCOME FAMILIES AND SENIORS. IT OFFERS A DEVELOPMENT TRACK FOR HIGH SCHOOL YOUTH TO PURSUE POST SECONDARY EDUCATION. 315760 HOUSING AND FAMILY SERVICES - PCDC'S HOUSING AND FAMILY SERVICES PROGRAMS PROVIDES DIRECT AND REFERRAL SERVICES, INFORMATION, TRANSLATION, COUNSELING AND UNEMPLOYMENT ASSISTANCE. PCDC STRIVES TO CLOSE THE GAP BETWEEN COMMUNITY NEED AND AWARENESS OF PUBLIC SERVICES AND BENEFITS THROUGH OUR DIRECT SERVICE AND REFERRAL PROGRAMS. PCDC'S STAFF IS TRAINED TO DELIVER SOCIAL SERVICES. PCDC ALSO OFFERS AN ANNUAL VOLUNTEER INCOME TAX ASSISTANCE (VITA) PROGRAM THAT HELPS FAMILIES TO OBTAIN THEIR REFUNDS AND TAX CREDITS. 200145 MAIN STREET PROGRAM - $105,255YOUTH PROGRAMS - $32,337PLANNING & ADVOCACY - $62,553 200145 1774516 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 13 0 1 38 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 1 0 PA X JOHN CHIN 2159222156 301 N 9TH STREET PHILADELPHIA PA 19107 MR MARTIN CHAN BOARD CHAIR 2.00 X X 0 0 0 MS MARGARET CHIN VICE CHAIR 2.00 X X 0 0 0 MR PHILIP WAN TREASURER 2.00 X X 0 0 0 MS SHIRLEY MOY RECORDING SECRETARY 2.00 X X 0 0 0 MS KATHERINE NGEE SECRETARY 2.00 X X 0 0 0 MS LORRAINE LEW BOARD MEMBER 2.00 X 0 0 0 MR HARRY LEONG BOARD MEMBER 2.00 X 0 0 0 MR MICHAEL CHOW BOARD MEMBER 2.00 X 0 0 0 MS FLORENCE TANG BOARD MEMBER 2.00 X 0 0 0 MS WAI MAN IP BOARD MEMBER 2.00 X 0 0 0 MR GARY NG BOARD MEMBER 2.00 X 0 0 0 MR PHILIP SHEAU BOARD MEMBER 2.00 X 0 0 0 MS CAROL WONG BOARD MEMBER 2.00 X 0 0 0 MS CECILIA MOY YEP BOARD MEMBER 2.00 X 0 0 0 MR JOHN CHIN EXECUTIVE DIRECTOR 40.00 X 87633 0 12272 87633 0 12272 0 0 0 0 EASTERN TOWER QALICB LLC- (LANDLORD) 1001 VINE STREET PHILADELPHIA PA 19107 LANDLORD 272929 ASIAN BANK 111 N 9TH STREET PHILADELPHIA PA 19107 LOAN 215880 2 312664 970679 411808 1695151 RENTAL INCOME 531390 573761 573761 INTEREST INCOME FROM P 531390 269433 269433 PROGRAM SERVICE FEES 531390 16694 16694 859888 0 233119 33948 -33948 -33948 MISCELLANEOUS 900099 16194 16194 16194 2537285 859888 0 -17754 87633 74488 13145 718885 662524 56361 53043 53043 67925 35058 32867 69317 19151 50166 700 700 35029 9351 25667 11 503320 454638 48682 171035 153786 17249 40158 40158 PROJECT EXPENSES 344660 343637 1023 EQUIPMENT LEASE & MAINT 33284 15107 18177 BANK CHARGES 15889 360 15529 OTHER 7501 916 6585 5500 5500 2153879 1774516 379352 11 3550746 442731 1714880 6362555 523455 498455 734132 309692 100135 100135 2987514 496993 2326763 2490521 12285249 13891061 21235360 24095150 709266 611198 468163 963995 4839095 4653932 286835 285740 6303359 6514865 X 12896073 15544357 2035928 2035928 14932001 17580285 21235360 24095150 X 383406 2264878 X 0 0 0 X 2180813 339267 2862325 3932320 1695151 11009876 585181 142957 1089189 1199198 859888 3876413 2765994 482224 3951514 5131518 2555039 14886289 0 0 0 14886289 177929 116714 269433 564076 177929 116714 269433 564076 83252 109800 16194 209246 2943923 598938 4034766 5241318 2840666 15659611 0.95060 0.95330 0.03600 0.03360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3389 3389 2384562 423451 1961111 18300 7562 10738 115041 65980 49061 466222 466222 2490521 NOTES RECEIVABLE 13891061 F 13891061 SECURITY DEPOSITS 25024 DEFERRED RENT 260716 285740 CHINESE NEW YEAR BANQUET 233119 233119 21576 12372 233119 233119 21576 12372 33948 -33948 FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS DISTRIBUTED TO THE BOARD. THE BOARD OR A REPRESENTATIVE OF THE BOARD REVIEWS THE FOR 990 BEFORE IT IS SUBMITTED TO TAX AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS, COMMITTEE MEMBERS, BOARD OFFICERS, AND STAFF ARE COVERED UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THESE PERSONS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICTS ANNUALLY. CONFLICT DISCLOSURES ARE REVIEWED BY MANAGEMENT. ALSO THE BOARD WILL RAISE THE ISSUE OF CONFLICT FOR ORGANIZATION BUSINESS OR BOARD AGENDA ITEMS IF IT IS AWARE OF A POTENTIAL CONFLICT. IN INSTANCES OF POTENTIAL CONFLICT THE PERSON IDENTIFIED WILL BE RECUSED FROM PARTICIPATING IN THE DECISIONS OF THE TRANSACTIONS UNDER THE AUTHORITY OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE BOARD (OFFICERS) IS RESPONSIBLE FOR HIRING, AND ESTABLISHING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE BOARD'S EXECUTIVE COMMITTEE ANNUALLY REVIEWS THE PERFORMANCE AND COMPENSATION OF THE EXECUTIVE DIRECTOR. THE RESULTS OF THE REVIEW ARE REPORTED TO THE WHOLE BOARD. THE ORGANIZATION USES INDUSTRY SALARY RANGES AS A REFERENCE FOR DETERMINING COMPENSATION. THE EXECUTIVE DIRECTOR'S REVIEW INCLUDES ASSESSMENT OF OUTCOMES AND GOALS AND PROFESSIONAL MANAGEMENT PERFORMANCE. COMPENSATION IS TYPICALLY AN INCREASE THAT IS COMMENSURATE WITH CPI (CONSUMER PRICE INDEX). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TO RECONCILE NET ASSETS 2,264,878. ETCC GP INC 301 N 9TH STREET PHILADELPHIA PA 19107 462786560 TO DEVELOP/CONSTRUCT/MANAGE EASTERN TOWER PROJECT PA 501(C)(3) LINE 12A, I PHILADELPHIA CHINATOWN DEVELOPMENT CORP 0 PCDC COMMUNITY CAPITAL PARTNERS LLC 301 N 9TH STREET PHILADELPHIA PA 19107 822081558 COMMERCIAL/RESIDENTIAL RENTAL PROPERTY PA PHILADELPHIA CHINATOWN DEVELOPMENT CORPORATION RELATED 0 1 0.00550 810 PING AN DEVELOPMENT CORPORATION 301 N 9TH STREET PHILADELPHIA PA 19107 465093311 COMMERCIAL/RESIDENTIAL RENTAL PROPERTY PA PHILADELPHIA CHINATOWN DEVELOPMENT CORPORATION C 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0