2026-09-14T11:12:25-05:00 2025-12-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2025-01-01 231583209 CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION CENT 2154405517 100 S BROAD ST SUITE 1N PHILADELPHIA PA 19110 PREMA GUPTA EXECUTIVE DIRECTOR/OFFICER 2154405517 2026-09-11 1 KATIE O GALASKA P01211168 2154414600 2025 PREMA GUPTA 100 S BROAD STREET SUITE 1N PHILADELPHIA PA 19110 248867 0 X WWW.CENTERCITYPHILA.ORG X 1956 PA TO STRENGTHEN THE COMPETITIVENESS OF CENTER CITY PHILADELPHIA AS AN ATTRACTIVE PLACE TO WORK, TO VISIT, AND TO LIVE TO ENHANCE CENTER CITY AS THE VIBRANT HUB OF THE GREATER PHILADELPHIA REGION THROUGH RESEARCH, PLANNING, ADVOCACY, AND PRIVATE SECTOR LEADERSHIP AND VISION 34 34 0 34 0 0 242775 248665 0 0 147 202 0 0 242922 248867 0 0 0 0 114396 117414 0 0 58707 168513 156301 282909 273715 -39987 -24848 493957 481278 224084 236253 269873 245025 TO STRENGTHEN THE COMPETITIVENESS OF CENTER CITY PHILADELPHIA AS AN ATTRACTIVE PLACE TO WORK, TO VISIT, AND TO LIVE TO ENHANCE CENTER CITY AS THE VIBRANT HUB OF THE GREATER PHILADELPHIA REGION THROUGH RESEARCH, PLANNING, ADVOCACY, AND PRIVATE SECTOR LEADERSHIP AND VISION 0 0 66413 TO SUPPORT BUSINESS AND RESIDENTIAL ATTRACTION AND RETENTION, CPDC DISSEMINATES ITS RESEARCH DATA ON BUSINESS AND EMPLOYMENT TRENDS, PROMOTES THE EXPANSION OF RESIDENTIAL ACTIVITY, DVOCATES FOR MORE COMPETITIVE TAX POLICIES, AND GENERATES MARKETING MATERIALS ON THE STRENGTHS OF CENTER CITY. THE ANNUAL STATE OF CENTER CITY REPORT, BIWEEKLY EMAIL NEWSLETTERS, AND OTHER PUBLICATIONS PRODUCED IN CONJUNCTION WITH THE CCD ARE DISTRIBUTED TO ALL MEMBERS IN ADDITION TO THE QUARTERLY MEETINGS AT WHICH ISSUESPECIFIC POSITION PAPERS AND PANEL DISCUSSIONS ARE PRESENTED TO ALL MEMBERS. 66413 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 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 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 X 34 34 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 PA X CENTER CITY DISTRICT 2154405517 100 S BROAD STREET SUITE 1N PHILADELPHIA PA 19110 X RIJA BEARES PRESIDENT 1.00 X X 0 0 0 BRIAN BERSON VICE PRESIDENT 1.00 X X 0 0 0 RYAN ADE DIRECTOR 1.00 X 0 0 0 MIGUEL BAPTISTA DIRECTOR 1.00 X 0 0 0 MARK T CELONI PE DIRECTOR 1.00 X 0 0 0 ANDREW COLER DIRECTOR 1.00 X 0 0 0 EDWARD M D'ALBA PE EMERITUS / NO VOTING RIGHT 2.00 1.00 X X 0 0 0 HAROLD DICHTER DIRECTOR 1.00 X 0 0 0 AARON GRAVES DIRECTOR 1.00 X 0 0 0 JOSEPH W HEALY AIA LEED AP BDC DIRECTOR 1.00 X 0 0 0 BRANTON HENDERSON DIRECTOR 1.00 X 0 0 0 MONICA JINDIA DIRECTOR 1.00 X 0 0 0 AJAMU JOHNSON SECRETARY 1.00 X 0 0 0 PETER KELSEN ESQ DIRECTOR 1.00 X 0 0 0 ALAN C KESSLER ESQ DIRECTOR 1.00 X 0 0 0 DANIEL KILLINGER DIRECTOR 1.00 X 0 0 0 BRADLEY A KROUSE ESQ DIRECTOR 1.00 X 0 0 0 ROBERT D LANE JR ESQ EMERITUS / NO VOTING RIGHT 2.00 X X 0 0 0 RACHEL LEWIS DIRECTOR 1.00 X 0 0 0 SHAWN MCCANEY DIRECTOR 1.00 X 0 0 0 MATTHEW N MCCLURE ESQ VICE PRESIDENT 1.00 X X 0 0 0 MARK MERLINI DIRECTOR 1.00 X 0 0 0 DAVID MOOS AIA DIRECTOR 1.00 X 0 0 0 ANNE PAPAGEORGE DIRECTOR 1.00 X 0 0 0 JAMES R PEARLSTEIN EMERITUS CHAIR 2.00 1.00 X X 0 0 0 MISSY A QUINN DIRECTOR 1.00 X 0 0 0 JULIAN P RACKOW ESQ EMERITUS 2.00 X X 0 0 0 JON ROBINS DIRECTOR 1.00 X 0 0 0 CHRISTOPHER W ROSENBLEETH ESQ TREASURER 1.00 X X 0 0 0 MARK L SILOW ESQ DIRECTOR 1.00 X 0 0 0 H HETHERINGTON SMITH DIRECTOR 2.00 1.00 X 0 0 0 CHRISTOPHE P TERLIZZI DIRECTOR 2.00 1.00 X 0 0 0 JASON A TUCKER DIRECTOR 1.00 X 0 0 0 ERIK F WILLIAMS DIRECTOR 1.00 X 0 0 0 PREMA GUPTA EXECUTIVE DIRECTOR/OFFICER 10.00 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 248665 248665 202 202 248867 0 0 202 117414 58707 58707 115000 115000 29813 29813 2610 2610 5043 5043 DUES AND SUBCRIPTIONS 3557 3557 INSURANCE 225 225 SUPPLIES 53 53 273715 66413 148595 58707 300 300 483294 469653 7381 8452 2982 2873 493957 481278 72 72 3000 224012 233181 224084 236253 X 269873 245025 269873 245025 493957 481278 -24848 0 X X 0 1 X 1 0 X 281009 257761 257250 242775 248665 1287460 281009 257761 257250 242775 248665 1287460 1287460 72 72 48 147 202 541 1288001 0.99960 0.99950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 233181 233181 X PART X, LINE 2: CPDC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. NO PROVISION FOR FEDERAL OR STATE INCOME TAXES WAS MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. FOR YEARS ENDED DECEMBER 31, 2025 AND 2024, THE CORPORATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN AN INCOME TAX RETURN THAT WOULD REQUIRE ADJUSTMENTS TO OR DISCLOSURE IN ITS CONSOLIDATED FINANCIAL STATEMENTS. IN ADDITION, THE CORPORATION BELIEVES IT HAS NOT ENGAGED IN ANY ACTVITIES FOR WHICH ITS TAX-EXEMPT STATUS WOULD NOT BE SUSTAINED UNDER INTERNAL REVENUE SERVICE EXAMINATION. THE CORPORATION FILES ANNUAL INFORMATION RETURNS AND IS SUBJECT TO AUDITS BY TAXING JURISDICTIONS; HOWEVER, NO AUDITS FOR ANY PERIODS ARE CURRENTLY BEING AUDITED. MANAGEMENT BELIEVES THAT THE CORPORATION IS NO LONGER SUBJECT TO SUCH AUDITS FOR YEARS PRIOR TO 2022. FORM 990, PART VI, SECTION A, LINE 3 THE CENTER CITY DISTRICT PROVIDES MANAGEMENT SERVICES TO THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 6 THE CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION IS A MEMBERSHIP ORGANIZATION OF DOWNTOWN BUSINESS LEADERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED BY ACTIVE MEMBERS. 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 VICE PRESIDENT FOR FINANCE AND ADMINISTRATION. PREPARATION OF THE FORM 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 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 WRITING, TO 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 CONFLICTS OF INTEREST EXIST FOR KEY EMPLOYEES, THE CHAIR OF THE BOARD WILL DETERMINE THE CORRECTIVE MEASURES, IF ANY, TO BE TAKEN TO RESOLVE THE CONFLICT OR WILL 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 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART XII LINE 2C NO CHANGE CENTRAL PHILADELPHIA TRANSPORTATION MANAGEMENT ASSOCIATION 100 S BROAD STREET STE 1N PHILADELPHIA PA 19110 ADDRESS TRANSPORTATION ISSUES PA 501(C)(4) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0