Nonprofit · EIN 22-2610536
NEW KENSINGTON COMMUNITY DEVELOPMENT CORP
Tax-exempt · PHILADELPHIA, PA 19134
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,938,568 | $7,021,830 | $2,916,738 | $17,814,126 | $4,670,355 | $13,143,771 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $9,507,840
- of which government grants
- $7,380,369
- Program service revenue
- $200,269
- Investment income
- $28,007
- Other revenue
- $202,452
Expenses
- Grants and similar amounts paid
- $1,223,397
- Compensation of officers, directors and key employees
- $171,250
- Other salaries and wages
- $3,087,283
- Salaries, compensation and benefits (total)
- $3,868,648
- Professional fundraising fees
- $0
- Legal fees
- $12,993
- Accounting fees
- $266,771
- Occupancy
- $394,259
- Travel
- $92,730
- Program services (functional)
- $5,465,394
- Management and general (functional)
- $1,191,536
- Fundraising (functional)
- $364,900
Balance sheet and other
- Total assets, start of year
- $13,880,549
- Total assets, end of year
- $17,814,126
- Total liabilities, end of year
- $4,670,355
- Net assets, end of year
- $13,143,771
- Land, buildings and equipment
- $3,504,755
- Publicly traded securities
- $505,055
- Net assets without donor restrictions
- $13,143,771
- Gross receipts
- $9,938,568
- Employees
- 71
- Volunteers
- 14
- Year formed
- 1985
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM MCKINNEY | EXECUTIVE DIRECTOR Officer | 40 | $163,057 | $8,193 |
| Nicole Westerman | Deputy Executive Director Highest-paid employee | 40 | $132,133 | $1,694 |
| Frank Iannuzzi | President Trustee or director, Officer | 2 | $0 | $0 |
| Ralph Whitfield | Vice President Trustee or director, Officer | 2 | $0 | $0 |
| Michael Alles | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| Deborah McColloch | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| KEIKO TSURUTA CRAMER | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Michael Acciani | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Kaylam Akpan | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Richard Freeh | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Reverend Richard Harris | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Carlos Masip | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| William Pace MD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Angel Rosa | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| Caitlin Shuler | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Wes Willison | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2771 RUTH ST STE 1, PHILADELPHIA, PA 19134-3473
- In care of
- % THE ORGANIZATION
- Principal officer (990 for 2024)
- WILLIAM MCKINNEY, 2771 Ruth Street Suite 1, Philadelphia, PA 19134
- Signed the 990
- WILLIAM MCKINNEY, EXECUTIVE DIRECTOR
- Phone
- (215) 427-0350
- Return prepared by
- WITHUMSMITHBROWN PC
Mission
NKCDC advances social equity and economic empowerment by nurturing and creating opportunities for neighbors to live in, and actively shape, their neighborhoods of choice. (See Schedule O)
Program accomplishments
- Planning: By constantly engaging with neighborhood residents in an ongoing "Co-Creating Kensington" process, we learn about the community's hopes, concerns, and priorities and use them to raise funds and organize our work. We also work to help keep residents informed about legal, regulatory, political, and policy issues that may impact their lives. This continuous dialogue is the foundation of our work and forces us to be accountable, guiding our strategic plans as well as more specialized efforts such as a greening plan currently in progress. Economic development: NKCDC supports small business development in order to create jobs and community wealth. We assist start up and existing businesses, maintain an inventory of available property, help local entrepreneurs identify and obtain services and funding, support pop-up markets, staff the Kensington Business Coalition, and clean the commercial corridors 6 days a week. Housing counseling: NKCDC works to expand homeownership opportunities for working families. Since 1985, NKCDC has helped more than 4000 low and moderate income families purchase their first homes. We offer homebuyer workshops, energy assistance, financial literacy, financial counseling, and foreclosure and eviction prevention services. We also partner with other organizations to help residents access home repair programs. Community organizing: NKCDC staffs a City-supported Neighborhood Advisory Committee (NAC) which promotes awareness of City resources, programs, and issues. Quarterly community forums help disseminate information and address neighborhood issues, empowering residents involved in 19125 and 19134 zip codes. Our staff also help residents prevent foreclosures, address tangled titles, access legal services, and get trained as "community connectors organize neighborhood clean-ups, promote transportation safety, and support block captains. Real estate development: through its "anchor-based" approach to real estate development, NKCDC is building on existing community anchors such as McPherson Library and its own Orinoka Civic House and adding new anchors such as the Kensington Engagement Center and Tusculum Garden. By investing in formerly vacant and blighted properties, and bringing goods and services requested by residents, we can increase the zones in Kensington that feel safe for everyone including kids and seniors, give people reasons to come back to the Avenue, and create conditions for our small businesses to grow. We can also provide more desperately needed affordable housing and "stack" our programs and services in a small geographic area to maximize their impact. NKCDC also stabilizes and maintains vacant lots, increasing access to green space and addressing dumping. Community Health Workers: We train trained longstanding residents in Kensington to become PA State Certified Community Health Workers (CHWs). These trusted partners and community advocates learn a range of skills in community and behavioral health and then go door-to-door connecting residents with critical resources and assisting them as they navigate complex social services and healthcare systems. They work closely with other NKCDC teams and our partner organizations to connect residents to housing, food, utility, employment, mental health, and other services. Nutrition education: Nutrition education and food assistance programs are essential for promoting the health, stability, and resilience of the Kensington community. Our nutrition educators meet residents where they are - whether in our affordable apartment buildings, community gardens, local pantries, corner stores, or afterschool programs. Nutrition education programming provides practical knowledge, culturally relevant meals, and direct access to healthy food in a neighborhood impacted by food insecurity and health disparities. Urban agriculture: NKCDC's garden spaces are a hub for community cohesion and healing, providing residents with opportunities to not only grow their own food and enjoy the biological benefits of green space, but reclaim and reimagine public spaces. We are in the midst of a collaborative and inclusive planning process for Kensington's green spaces that will result in the creation of a place-based vision for urban agriculture, guided by the community's needs and expertise. Cure Violence: In response to the community's identification of public safety as a priority, we partnered with Temple University's Center for Health Justice and Bioethics to bring the Cure Violence model to Kensington. The Cure Violence team identifies tensions, mediates high-risk situations, and manages a caseload of individuals who are more likely to be involved in violence, employing the "credible-messenger" approach in high conflict areas of the neighborhood. Trauma-informed and evidence-based approaches like Cure Violence are one of many components contributing to the reduction in violence in Philadelphia.Expenses $5,465,394 · grants $1,223,397 · revenue $402,721
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2610536
- 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
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $17,814,126
- Income (IRS master file)
- $9,938,568
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $3,943,941 | $4,575,064 | $10,006,839 | IRS |
| 990 | June 2022 | $3,789,688 | $3,922,125 | $10,732,442 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about NEW KENSINGTON COMMUNITY DEVELOPMENT CORP
- What is the EIN of NEW KENSINGTON COMMUNITY DEVELOPMENT CORP?
- The employer identification number (EIN) of NEW KENSINGTON COMMUNITY DEVELOPMENT CORP is 22-2610536.
- Is NEW KENSINGTON COMMUNITY DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to NEW KENSINGTON COMMUNITY DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW KENSINGTON COMMUNITY DEVELOPMENT 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 NEW KENSINGTON COMMUNITY DEVELOPMENT 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 NEW KENSINGTON COMMUNITY DEVELOPMENT 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 NEW KENSINGTON COMMUNITY DEVELOPMENT CORP?
- The 990 for the year ended June 30, 2025 names WILLIAM MCKINNEY.
- Who are the officers and directors of NEW KENSINGTON COMMUNITY DEVELOPMENT CORP?
- The 990 for the year ended June 30, 2025 lists 16 people; 2 received compensation from the organization, the highest $163,057 (WILLIAM MCKINNEY, EXECUTIVE DIRECTOR).
- How much revenue does NEW KENSINGTON COMMUNITY DEVELOPMENT CORP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,938,568, expenses of $7,021,830 and total assets of $17,814,126 at year end.
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