2025-11-17T17:06:00-07:00 2024-12-31 990 2024-01-01 232701217 CENTER CITY DISTRICT FOUNDATION CENT 2154405500 100 S Broad Street PHILADELPHIA PA 19110 Anthony Pipitone VP Finance & Admin 2154405517 2025-11-17 1 2024 2025-03-06 01:10:19Z Prema Gupta 100 S Broad Street Suite 1N Philadelphia PA 19110 3640895 0 X WWW.SUPPORTCCDF.ORG X 1992 PA THE CENTER CITY DISTRICT FOUNDATION WAS ESTABLISHED AS THE CHARITABLE ARM OF THE CENTER CITY DISTRICT (CCD). GRANTS AND CONTRIBUTIONS ARE USED TO INITIATE, TEST, AND SUPPORT PUBLIC IMPROVEMENT INITIATIVES OF THE CCD, SUPPORT FUNDRAISING ACTIVITIES RELATING TO PARKS MANAGED BY THE CCD, RAISE FUNDS FOR CCD'S GREENING INITIATIVES (PLANT! PHILADELPHIA), AND TO INFORM THE PUBLIC ABOUT HOW TO REDUCE HOMELESSNESS IN CENTER CITY. 9 9 0 18 0 0 1052878 3616447 32455 24230 134 218 0 0 1085467 3640895 596092 964196 0 0 0 0 0 0 0 996454 2768695 1592546 3732891 -507079 -91996 1088633 822240 711194 536797 377439 285443 X PLANT PHILADELPHIA, PARK ENTERTAINMENT, DILWORTH LAWN, DILWORTH PLAZA, SISTER CITIES, BIKE PATROL, HOMELESS OUTREACH, BENCH PROGRAMS-GRANTS AND CONTRIBUTIONS RECEIVED BY CCDF ARE USED TO INITIATE, TEST, AND SUPPORT PUBLIC IMPROVEMENT INITIATIVES OF THE CCD, SUPPORT FUNDRAISING ACTIVITIES RELATING TO PARKS MANAGED BY THE CCD, RAISE FUNDS FOR CCD'S GREENING INITIATIVES (PLANT! PHILADELPHIA), AND TO INFORM THE PUBLIC ABOUT HOW TO REDUCE HOMELESSNESS IN CENTER CITY. 0 0 2535564 0 25718630 RAIL PARK PHASE II - IS DEDICATED TO THE TRANSFORMATION OF THE DEFUNCTANT BLIGHTED FORMER READING RAILROAD VIADUCT INTO A PUBLIC OPEN GREEN SPACE FOR THE USE OF BY WORKERS, RESIDENTS, AND VISITORS TO THE CENTER CITY PHILADELPHIA AREA. THE TRANSFORMATION OF THE DERELECT 4.5 ACRE ELEVATED READING RAIL ROAD VIADUCT IN PHILADELPHIA, RUNNING FROM 11TH & VINE STREETS TO 9TH & FAIRMOUNT WITH A WESTERN SPUR AT NOBLE ST. INTO A PUBLIC AMENITY AND PARK WILL HAVE A CATALYTIC IMPACT, CREATING BOTH TEMPORARY AND PERMANENT JOBS AND STIMULATING NEW COMMERCIAL AND HOUSING INVESTMENTS IN THE AREA IMMEDIATELY ADJACENT TO PHILADELPHIA'S THRIVING AND EXPANDING DOWNTOWN. 433400 0 433400 RECOVERY FUND - THE WORLDWIDE COVID PANDEMIC RESULTED IN SIGNIFICANT IMPACTS TO DAILY LIFE IN CENTER CITY PHILADELPHIA. TO ENHANCE THE EFFORTS OF THE CITY OF PHILADELPHIA AND CENTER CITY DISTRICT, THE CENTER CITY DISTRICT FOUNDATION (CCDF) FOCUSED SIGNIFICANT RESOURCES ON EFFORTS TO HELP THE CITY RECOVER FROM IT'S DEVASTATING EFFECTS. ACTIVITIES SUPPORTED BY CCDF INCLUDE: ENHANCED SECURITY PATROLS THROUGHOUT CENTER CITY PHILADELPHIA VIA ADDITIONAL FOOT PATROLS AND BIKE PATROLS TO ADDRESS CONCERNS OF BUSINESSES AND RESIDENTS REGARDING SAFETY OF THE DOWNTOWN AREA; SERVICES FOR HOMELESS INDIVIDUALS ON THE STREET TO ASSIST THEM WITH SHELTER, ADDITIONAL SERVICES AND THE LIKE; MARKETING EFFORTS TO BRING WORKERS BACK TO THE OFFICE INCLUDING PROMOTIONS AND ADS TOUTING THE BENEFITS OF CENTER CITY PHILADELPHIA; ACTIVITIES TO BRING PEOPLE INTO CENTER CITY AND RESEARCH TO HELP BUSINESSES NAVIGATE THE RETURN TO PROCESS, ALSO, CCDF HELPED FUND RECOVERY ACTIVITIES SUPPORTED BY OTHER ORGANIZATIONS AS WELL, WHICH FOCUSED ON SAFETY, SECURITY AND PROMOTING CENTER CITY RETURN TO WORK. 122707 0 24230 COLLINS PARK - IS A SMALL PARK IN THE HEART OF CENTER CITY AND OWNED BY THE CENTER CITY FOUNDATION AT 1707 CHESTNUT STREET. IT PROVIDES A CALMING RESPITE FROM THE DAILY HUSTLE AND BUSTLE OF THE CITY AND IS OPEN DAILY FOR EVERYONE. EXPENSES RELATE TO THE OPERATION, MAINTENANCE, AND SECURITY OF THE PARK TO ENSURE THAT IT IS CLEAN, SAFE, AND BEAUTIFUL. THE PARK, DESIGNED BY JOHN COLLINS IS CHARACTERIZED BY EXTENSIVE AND LUSH PLANTINGS, CALMING FOUNTAINS AND SEATING AREAS AND AREAS FOR PATRONS TO RELAX AND ENJOY A MEAL. THE PARK IS OPEN DAILY GENERALLY FROM 9:00 AM TO 5:00 PM, AND SEASONALLY AT VARIOUS TIMES. CCDF ALSO PROGRAMS THE PARK FROM TIME TO TIME TO SHOWCASE ARTS AND ARTISTS AND THE PARK HAS BEEN A COMMUNITY GEM AND FAVORED BY RESIDENTS. 617723 530796 218327 OTHER PROGRAM SERVICES (DESCRIBED ON SCHEDULE O)PLANT PHILADELPHIA, PARK ENTERTAINMENT, DILWORTH LAWN, DILWORTH PLAZA, SISTER CITIES, BIKE PATROL, HOMELESS OUTREACH, BENCH PROGRAM -GRANTS AND CONTRIBUTIONS RECEIVED BY CCDF ARE USED TO INITIATE, TEST, AND SUPPORT PUBLIC IMPROVEMENT INITIATIVES OF THE CCD, SUPPORT FUNDRAISING ACTIVITIES RELATING TO PARKS MANAGED BY THE CCD,RAISE FUNDS FOR CCD'S GREENING INITIATIVES (PLANT! PHILADELPHIA), AND TO INFORM THE PUBLIC ABOUT HOW TO REDUCE HOMELESSNESS IN CENTER CITY. 617723 530796 218327 3709394 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X ANTHONY PIPITONE 2154405517 100 S BROAD STREET SUITE 1N PHILADELPHIA PA 19110 PREMA GUPTA EX OFFICIO/EXECUTIVE DIRECTOR 10 30 X 0 305769 17288 GERARD H SWEENEY CHAIRMAN 1 1 X X 0 0 0 RICHARD VAGUE SECRETARY 1 1 X X 0 0 0 JOHN J CONNORS DIRECTOR 1 1 X 0 0 0 MICHAEL C FORMAN DIRECTOR 1 1 X 0 0 0 THOMAS GRAVINA DIRECTOR 1 1 X 0 0 0 JAMES L PATERNO DIRECTOR 1 1 X 0 0 0 JANE SCACCETTI DIRECTOR 1 1 X 0 0 0 JAIME S FIELD DIRECTOR 1 1 X 0 0 0 MICHELLE HONG DIRECTOR 1 1 X 0 0 0 0 305769 17288 0 0 1 0 URBAN ENGINEERS INC 30 WALNUT STREET 14TH FLOOR PHILADELPHIA PA 19106 ENGINEERING/RAIL PARK PHASE II PROJECT 1790970 CONNECT THE DOTS 1617 JFK BLVD FLOOR 20 PHILADELPHIA PA 19110 CONSULTING/RAIL PARK PHASE II PROJECT 104918 DILWORTH PAXSON LLP PO BOX 825921 PHILADELPHIA PA 191825921 LEGAL SVCS/RAIL PARK PHASE II PROJECT 100053 3 0 0 0 393075 0 3223372 0 3616447 RENTAL INCOME (PARKS) 900099 24230 24230 0 0 0 0 0 0 24230 218 0 0 218 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3640895 24230 0 218 X 964196 964196 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2545027 2545016 11 0 0 0 0 0 17784 666 17118 0 5818 100 5718 0 0 0 0 0 10901 10901 0 0 0 0 0 0 0 0 0 0 9643 8993 650 0 0 0 0 0 0 0 0 0 18551 18551 0 0 0 0 0 0 LANDSCAPING MAINTENANCE 160971 160971 0 0 0 0 0 0 3732891 3709394 23497 0 686221 1071677 0 0 227382 137877 0 0 0 0 0 0 0 0 0 0 3260 2954 223534 70315 171770 153219 0 0 0 0 0 0 0 0 0 -543487 1088633 822240 108413 525985 0 0 2150 3407 0 0 0 0 0 0 0 0 0 0 600631 7405 711194 536797 X 233313 163480 144126 121963 377439 285443 1088633 822240 -91996 0 0 0 0 0 X 0 1 X 1 0 X 578562 379955 908319 1052878 3616447 6536161 0 0 0 0 0 0 0 0 0 0 0 0 578562 379955 908319 1052878 3616447 6536161 3223372 3312789 502 441 181 134 218 1476 0 0 0 0 0 0 0 0 0 0 0 0 6537637 393075 0.50673 0.74365 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 30000 30000 0 0 0 0 0 50352 0 50352 0 0 0 0 0 143182 70315 72867 153219 0 DUE TO RELATED PARTIES 7405 7405 X Schedule D, Part X, Line 2 THE CCDF IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FOR THE YEAR ENDING DECEMBER 31, 2024 AND 2023, THE CCDF DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OREXPECTED TO BE TAKEN IN AN INCOME TAX RETURN WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. IN ADDITION, THE CCDF BELIEVES IT HAS NOT ENGAGED IN ANY ACTIVITIES FOR WHICH ITS TAX-EXEMPT STATUS WOULD NOT BE SUSTAINED UNDER INTERNAL REVENUE SERVICE EXAMINATION. WITH FEW EXCEPTIONS, THE CCDF IS NOT SUBJECT TO FEDERAL INCOME TAX EXAMINATIONS FOR YEARS BEFORE 2024. 1 CENTER CITY DISTRICT 100 S BROAD STREET SUITE 1N PHILADELPHIA PA 19110 232630662 964196 0 FUNDS WERE TRANSFERRED DIRECTLY TO CENTER CITY DISTRICT DURING 2024 IN LIEU OF EXPENDITURES INCURRED FOR VARIOUS PROGRAMS AND PROJECTS. MONIES TRANSFERRED TO CENTER CITY DISTRICT ORIGINATED FROM CONTRIBUTIONS AND GRANTS THE FOUNDATION ORIGINALLY RECEIVED IN SUPPORT OF SUCH PROGRAMS ANDPROJECTS. THE AMOUNTS TRANSFERRED IN 2024 WERE BASED ON A COMBINATION OF FUNDS THE FOUNDATION HAD RECEIVED AS WELL AS PROGRAM REVENUE AND EXPENDITURES THAT HAD BEEN INCURRED BY THE CENTER CITY DISTRICT. 0 1 Schedule I, Part I, Line 2 FUNDS WERE TRANSFERRED DIRECTLY TO CENTER CITY DISTRICT DURING 2024 IN LIEU OF EXPENDITURES INCURRED FOR VARIOUS PROGRAMS AND PROJECTS. MONIES TRANSFERRED TO CENTER CITY DISTRICT ORIGINATED FROM CONTRIBUTIONS AND GRANTS THE FOUNDATION ORIGINALLY RECEIVED IN SUPPORT OF SUCH PROGRAMS ANDPROJECTS. THE AMOUNTS TRANSFERRED IN 2024 WERE BASED ON A COMBINATION OF FUNDS THE FOUNDATION HAD RECEIVED AS WELL AS PROGRAM REVENUE AND EXPENDITURES THAT HAD BEEN INCURRED BY THE CENTER CITY DISTRICT. 0 0 0 0 0 0 0 0 0 PREMA GUPTA EX OFFICIO/EXECUTIVE DIRECTOR 0 305769 0 0 0 0 0 0 0 17288 0 323057 0 0 Form 990, Part III, Line 4d DESCRIPTION: OTHER PROGRAM SERVICES - GRANTS/EXPENSES/REVENUE DILWORTH PLAZA $ 0.00 $ 0.00 $ 0.00, DILWORTH LAWN $ 0.00 $ 64,151.65 $ 0.00, PLANT PHILA $ 5,010.50 $ 0.00 $ 5,010.50, SISTER CITIES $ 0.00 $ 22,776.00 $ 0.00, HOMELESS OUTREACH $ 34,215.00 $ 0.00 $ 34,215.00, GENERAL/ADMIN $ 491,570.30 $ 23,497.77 $ 179,101.48, TOTALS OF OTHER PROGRAM SERVICES: $ 530,795.80 $110,423.43 $ 218,327.98 Form 990, Part VI, Section B, Line 11b THE FORM 990 WILL BE PREPARED, AT THE DISCRETION OF THE CHAIR OF THE AUDIT COMMITTEE AND MANAGEMENT, BY EITHER THE AUDITING FIRM ENGAGED FOR THE FISCAL YEAR BEING REPORTED OR BY QUALIFIED INTERNAL STAFF, INCLUDING OUTSOURCED STAFF. WHEN COMPLETED, THE FORM WILL BE REVIEWED BY THE CHIEF FINANCIAL OFFICER/CHIEF ACCOUNTING OFFICER. PREPERATION OF THE 990 WILL NOT BE UNDERTAKEN UNTIL THE ANNUAL AUDIT HAS BEEN DISTRIBUTED AND THE AUDIT WILL BE THE BASIS OF THE FINANCIAL INFORMATION ON THE FORM 990. FOLLOWING REVIEW, A DRAFT COPY OF THE FORM 990 WILL BE SENT TO THE CHAIR OF THE AUDIT COMMITTEE AND THE TREASURER FOR THEIR REVIEW. MEMBERS OF THE BOARD WILL BE NOTIFIED THAT THE FORM 990 IS AVAILABLE FOR THEIR REVIEW IF THEY SO WISH TO DO SO. OTHERWISE, THE REVIEW BY THE CHAIR OF THE AUDIT COMMITTEE AND THE TREASURER WILL CONSTITUTE A REVIEW ON BEHALF OF THE ENTIRE BOARD. WITHIN FIVE BUSINESS DAYS OF RECEIPT OF THE FORM, THE CHAIR OF THE AUDIT COMMITTEE AND TREASURER WILL AUTHORIZE MANAGEMENT, IN WRITINGTO SIGN AND FILE THE FORM 990 ON BEHALF OF THE ORGANIZATION. AS A RESULT OF THE AUDIT SCHEDULE, MANAGEMENT IS AUTHORIZED TO EXTEND THE FILING OF FORM 990 BY SIX MONTHS. Form 990, Part VI, Section B, Line 12c EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE SHALL REPORT ANY CONFLICT OF INTEREST TO THE CHAIR OF THE BOARD AND THE CHAIR OF THE AUDIT COMMITTEE AS SOON AS PRACTICAL AFTER BECOMING AWARE OF SUCH A CONFLICT. IN ADDITION, EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE SHALL ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. COMPLIANCE WITH THE POLICY WILL BE MONITORED AS PART OF PERFORMANCE EVALUATIONS OF KEY EMPLOYEES. IF IF CONFLICTS OF INTEREST EXIST FOR KEY EMPLOYEES, THE CHAIR OF THE BOARD WILL DETERMINETHE CORRECTIVE MEASURES, IF ANY, TO BE TAKEN TO RESOLVE THE CONFLICT OR IMPOSE THE APPROPRIATE RESTRICTION, IF ANY, ON THE PERSONS WITH THE CONFLICT. THE BOARD WILL HAVE FINAL APPROVAL OF ANY CORRECTIVE MEASURES OR IMPOSED RESTRICTIONS. SUCH RESTRICTIONS WILL REQUIRE EXCLUDING CONFLICTED PERSONS FROM DISCUSSION AND APPROVAL OF RESTRICTIONS BENEFITING THEM, DIRECTLY OR INDIRECTLY. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g RAIL PARK PHASE II - IS DEDICATED TO THE TRANSFORMATION OF THE DEFUNCTANT BLIGHTED FORMER READING RAILROAD VIADUCT INTO A PUBLIC OPEN GREEN SPACE FOR THE USE OF BY WORKERS, RESIDENTS, AND VISITORS TO THE CENTER CITY PHILADELPHIA AREA. THE TRANSFORMATION OF THE DERELECT 4.5 ACRE ELEVATED READING RAIL ROAD VIADUCT INPHILADELPHIA, RUNNING FROM 11TH & VINE STREETS TO 9TH & FAIRMOUNT WITH A WESTERN SPUR AT NOBLE ST. INTO A PUBLIC AMENITY AND PARK WILL HAVE A CATALYTIC IMPACT, CREATING BOTH TEMPORARY AND PERMANENT JOBS ANDSTIMULATING NEW COMMERCIAL AND HOUSING INVESTMENTS IN THE AREA IMMEDIATELY ADJACENT TO PHILADELPHIA'STHRIVING AND EXPANDING DOWNTOWN. CENTER CITY DISTRICT 100 S Broad Street Suite 1N PHILADELPHIA PA 19110 232630662 MAKE CENTER CITY PHILADELPHIA CLEAN, SAFE AND ATTRACTIVE. PA MUNICIPAL AUTHORITY N/A N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0