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Nonprofit · EIN 22-2610536

NEW KENSINGTON COMMUNITY DEVELOPMENT CORP

Tax-exempt · PHILADELPHIA, PA 19134

Financials

$9.9M$7M2024
Revenue Expenses · by fiscal year end
Financials of NEW KENSINGTON COMMUNITY DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$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.

NameTitleHours / weekCompensationOther / benefits
WILLIAM MCKINNEYEXECUTIVE DIRECTOR
Officer
40$163,057$8,193
Nicole WestermanDeputy Executive Director
Highest-paid employee
40$132,133$1,694
Frank IannuzziPresident
Trustee or director, Officer
2$0$0
Ralph WhitfieldVice President
Trustee or director, Officer
2$0$0
Michael AllesSECRETARY
Trustee or director, Officer
2$0$0
Deborah McCollochTREASURER
Trustee or director, Officer
2$0$0
KEIKO TSURUTA CRAMERBOARD MEMBER
Trustee or director
2$0$0
Michael AccianiBOARD MEMBER
Trustee or director
2$0$0
Kaylam AkpanBOARD MEMBER
Trustee or director
2$0$0
Richard FreehBOARD MEMBER
Trustee or director
2$0$0
Reverend Richard HarrisBOARD MEMBER
Trustee or director
2$0$0
Carlos MasipBOARD MEMBER
Trustee or director
2$0$0
William Pace MDBOARD MEMBER
Trustee or director
2$0$0
Angel RosaBOARD MEMBER
Trustee or director
2$0$0
Caitlin ShulerBOARD MEMBER
Trustee or director
2$0$0
1 more people on this return
NameTitleHours / weekCompensation
Wes WillisonBOARD 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)

990 for the year ended June 30, 2025

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 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
22-2610536
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

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024–––IRS
990June 2023$3,943,941$4,575,064$10,006,839IRS
990June 2022$3,789,688$3,922,125$10,732,442IRS
990June 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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