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Nonprofit · EIN 22-2483318

OGONTZ AVENUE REVITALIZATION CORP

Tax-exempt · PHILADELPHIA, PA 19150

Financials

$2.3M$2.2M2022$2.6M$2.5M2023$2.7M$2.8M2024
Revenue Expenses · by fiscal year end
Financials of OGONTZ AVENUE REVITALIZATION CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,678,541$2,768,554-$90,013$14,709,417$6,105,590$8,603,827
June 30, 2024990$2,593,140$2,487,821$105,319$15,379,655$6,685,815$8,693,840
June 30, 2023990$2,345,409$2,224,622$120,787$16,037,185$7,448,664$8,588,521
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$150,000
of which government grants
$150,000
Program service revenue
$2,524,403
Investment income
$2,320
Other revenue
$1,818

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$294,369
Other salaries and wages
$660,408
Salaries, compensation and benefits (total)
$1,060,310
Professional fundraising fees
$0
Accounting fees
$57,884
Occupancy
$73,637
Depreciation
$571,919
Program services (functional)
$1,139,110
Management and general (functional)
$1,629,444

Balance sheet and other

Total assets, start of year
$15,379,655
Total assets, end of year
$14,709,417
Total liabilities, end of year
$6,105,590
Net assets, end of year
$8,603,827
Land, buildings and equipment
$13,858,281
Net assets without donor restrictions
$8,603,827
Gross receipts
$2,678,541
Employees
6
Volunteers
15
Year formed
1983
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KIMBERLY A LLOYDPRESIDENT/CEO
Trustee or director, Officer
40$283,979$10,390
PHYLISS BENSONSECRETARY
Trustee or director, Officer
1$0$0
DR MUJAHID NYAHUMABOARD CHAIR
Trustee or director, Officer
1$0$0
DEACON MICHAEL BENNETTMEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY A LLOYDPRESIDENT/CEO
Trustee or director, Officer
40$278,928$28,127
PHYLISS BENSONSECRETARY
Trustee or director, Officer
1$0$0
MICHAEL BENNETTTREASURER
Trustee or director, Officer
1$0$0
DR MUJAHID NYAHUMABOARD CHAIR
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensationOther / benefits
KIMBERLY A LLOYDPRESIDENT/CEO
Trustee or director, Officer
39$278,928$11,512
PHYLISS BENSONSECRETARY
Trustee or director, Officer
9$0$0
MICHAEL BENNETTTREASURER
Trustee or director, Officer
9$0$0
DR MUJAHID NYAHUMABOARD CHAIR
Trustee or director, Officer
9$0$0

Address and contacts

Address (IRS master file)
2502 W CHELTENHAM AVE # 06, PHILADELPHIA, PA 19150-1403
In care of
% KIMBERLY LLOYD
Principal officer (990 for 2024)
KIMBERLY LLOYD, 2502 WEST CHELTENHAM AVENUE, PHILADELPHIA, PA 19150
Signed the 990
KIMBERLY LLOYD, PRESIDENT
Phone
(215) 927-5010
Return prepared by
CBIZ ADVISORS LLC

Mission

TO CREATE AND STIMULATE SUSTAINABLE ECONOMIC DEVELOPMENT THROUGH INNOVATIVE AND CREATIVE USE OF OUR AVAILABLE RESOURCES WHILE IMPROVING THE QUALITY OF LIFE FOR RESIDENTS.

990 for the year ended June 30, 2025

Program accomplishments

  • WE TAKE A HOLISTIC APPROACH TOWARD COMMUNITY REVITALIZATION, BY FOCUSING ON OUR FOUR PILLARS: BUSINESS & ECONOMIC DEVELOPMENT, HOUSING DEVELOPMENT, COMMUNITY ENGAGEMENT, AND GREENING SOLUTIONS FOR SUSTAINABLE LIVING.1. BUSINESS & ECONOMIC DEVELOPMENT: OARC'S BUSINESS & ECONOMIC DEVELOPMENT AND SUPPORT PROGRAMS HAVE ATTRACTED DOZENS OF NEW BUSINESSES TO OUR AREA, CREATING NEW JOBS IN THE COMMUNITY, GENERATING REVENUES, AND PROVIDING NEW SERVICES TO THE RESIDENTS HERE. OUR COMMITMENT TO BUSINESS AND COMMERCIAL DEVELOPMENT IN NORTHWEST PHILADELPHIA HAS RESULTED IN TARGETING AND DELIVERING ASSISTANCE IN THE FOLLOWING AREAS: (CONT'D ON SCH O)- MARKETING AND TECHNICAL ASSISTANCE TO VARIOUS BUSINESS ASSOCIATIONS IN NORTHWEST PHILADELPHIA; SUCH AS THE WEST OAK LANE BUSINESS ASSOCIATION.- NEW BUSINESS ENTREPRENEUR PROGRAMS, SEMINARS, AND WORKSHOPS, CO-SPONSORED BY COMMUNITY COLLEGE "POWER UP" PROGRAM AND GOLDMAN SACHS 10,000 SMALL BUSINESS PROGRAM. THESE EVENTS ARE DESIGNED TO HELP ASPIRING ENTREPRENEURS AND EXISTING BUSINESS OWNERS GROW AND IMPROVE THEIR SKILLS.- IN THE PAST, OARC HAS COMPLETED CONSTRUCTION OF THE OGONTZ AVENUE STREETSCAPE PROJECT. GRANTS FROM THE CITY OF PHILADELPHIA'S RESTORE PHILADELPHIA CORRIDORS PROGRAM AND THE STATE'S REDEVELOPMENT ASSISTANCE CAPITAL PROGRAM (RACP) FUNDED THIS $2.6 MILLION PROJECT. IMPROVEMENTS AND UPGRADES WERE MADE TO A TEN BLOCK STRETCH OF OGONTZ AVENUE; INCLUDING SIDEWALK AND CROSSWALK PAVING FEATURES, ROADWAY CURBS, LANDSCAPING, BENCHES, AND PEDESTRIAN LIGHTING. - IN JUNE 2010, WE ACQUIRED THE OLD CLUB JAGUAR BUILDING FROM THE REDEVELOPMENT AUTHORITY OF PHILADELPHIA. OARC RECEIVED A $1.2 MILLION RACP GRANT TO REDEVELOP THE SITE. TODAY, IT'S A THRIVING COMMERCIAL SPACE THAT HOUSES OARC'S HEADQUARTERS AND OTHER RETAIL BUSINESSES USE THE FACILITY TO DEVELOP THEIR BUSINESS PLANS. AS PART OF THE OGONTZ AVENUE FACADE IMPROVEMENT PROGRAM AND THE NORTHWEST FACADE IMPROVEMENT GRANT PROGRAM, MORE THAN 45 STOREFRONTS WERE UPGRADED IN WEST OAK LANE.- STOREFRONT MARKETING ASSISTANCE PROGRAM TO PROVIDE TECHNICAL ASSISTANCE TO SEVERAL BUSINESSES ON OGONTZ AVENUE. OARC WILL PROVIDE INDIVIDUAL CONSULTATION TO BUSINESS OWNERS FOR GROWTH, SUSTAINABILITY AND PROFIT. IN ADDITION TO THE INDIVIDUAL CONSULTATIONS, OARC HOSTED A SERIES OF WORKSHOPS FOR BUSINESSES INTERESTED IN IMPROVING THEIR DISPLAYS.2. HOUSING DEVELOPMENT: FOR MORE THAN 38 YEARS, WE HAVE WORKED DILIGENTLY TO MAKE OUR COMMUNITY ONE OF THE MOST LIVABLE NEIGHBORHOODS IN NORTHWEST PHILADELPHIA BY WORKING WITH REALTORS TO SELL RESIDENTIAL HOUSES AND COMMERCIAL REAL ESTATE AND RENTAL HOUSING OWNERS TO PROVIDE AFFORDABLE HOUSING IN THE COMMUNITY.3. COMMUNITY ENGAGEMENT: FROM ITS INCEPTION, OARC HAS ALWAYS WORKED DILIGENTLY TO MAINTAIN CLOSE RELATIONSHIPS WITH THE RESIDENTS, BUSINESS OWNERS, AND ELECTED OFFICIALS TO ADVANCE ITS' MISSION OF STIMULATING ECONOMIC DEVELOPMENT AND IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS IN WEST OAK LANE. BY PARTNERING WITH OTHER ORGANIZATIONS (PUBLIC AND PRIVATE) MAINTAINING AN OPEN-DOOR POLICY AND A GRASS-ROOTS STYLE, OARC HAS BEEN ABLE TO WORK SMARTER TO ACCOMPLISH OUR MISSION, AND DEAL HEAD-ON WITH THE CHALLENGES THAT FACE THE WEST OAK LANE COMMUNITY.- WE HAVE OVER THE LAST NINE YEARS SPONSORED 9 NEIGHBORHOOD SHREDDING EVENTS, 2 NORTHWEST PHILLY SPRING FESTIVALS, 5 ECONOMIC EMPOWERMENT BUSINESS SUMMITS AND HAVE PROVIDED COMMERCIAL SPACE FOR COMMUNITY RESIDENTS TO USE AS POLLING LOCATIONS. - WE ENGAGED EDUCATIONAL PROGRAMMERS URGENT 365 TO PRESENT APPLYING FOR COLLEGE SEMINARS, HOLISTIC CONFLICT RESOLUTIONS FOR WEST OAK LANE CHARTER SCHOOL AND MARTIN LUTHER KING HIGH SCHOOL.- WE PARTNERED WITH PARKWAY NORTHWEST HIGH SCHOOL (PNWHS), MALCOLM JENKINS FOUNDATION AND GOALSETTER TO PROVIDE FUNDS TO THE STUDENTS OF PNWHS TO OPEN BANK ACCOUNTS.- WE PARTNERED WITH UPPER ROOM MISSIONARY BAPTIST CHURCH TO PROVIDE WEEKLY FRESH FOODS FOR THE COMMUNITY OF WEST OAK LANE.4. GREENING SOLUTIONS FOR SUSTAINABLE LIVING: WE WORK HARD TO KEEP OUR COMMERCIAL CORRIDORS "GREEN AND WHOLESOME-LOOKING, BY CLEANING THE AREAS OF OGONTZ AVENUE AND STENTON AND WASHINGTON LANE. OARC HAS COLLABORATED WITH FOOD MOXIE, CITY OF PHILADELPHIA COMMERCE DEPARTMENT AND THE PHILADELPHIA WATER DEPARTMENT TO CREATE AN OPEN RAIN GARDEN AT THE CORNER OF STENTON AVENUE AND WASHINGTON LANE AND A GREENHOUSE THAT PRODUCES FRESH FRUITS AND VEGETABLES!
    Expenses $1,139,110 · revenue $2,524,403

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2483318
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
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$14,709,417
Income (IRS master file)
$2,678,541

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,678,541$2,768,554$14,709,417IRS
990June 2024$2,593,140$2,487,821$15,379,655IRS
990June 2023$2,345,409$2,224,622$16,037,185XML
990June 2022$2,243,490$1,942,596$16,606,131IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 22-2483318).

Questions about OGONTZ AVENUE REVITALIZATION CORP

What is the EIN of OGONTZ AVENUE REVITALIZATION CORP?
The employer identification number (EIN) of OGONTZ AVENUE REVITALIZATION CORP is 22-2483318.
Is OGONTZ AVENUE REVITALIZATION CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to OGONTZ AVENUE REVITALIZATION CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OGONTZ AVENUE REVITALIZATION CORP 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 OGONTZ AVENUE REVITALIZATION CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did OGONTZ AVENUE REVITALIZATION CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of OGONTZ AVENUE REVITALIZATION CORP?
The 990 for the year ended June 30, 2025 names KIMBERLY LLOYD.
Who are the officers and directors of OGONTZ AVENUE REVITALIZATION CORP?
The 990 for the year ended June 30, 2025 lists 4 people; 1 received compensation from the organization, the highest $283,979 (KIMBERLY A LLOYD, PRESIDENT/CEO).
How much revenue does OGONTZ AVENUE REVITALIZATION CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,678,541, expenses of $2,768,554 and total assets of $14,709,417 at year end.

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