Nonprofit · EIN 23-2707112
PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS
Tax-exempt · PHILADELPHIA, PA 19107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,722,553 | $1,230,137 | $492,416 | $1,453,362 | $92,290 | $1,361,072 |
| June 30, 2024 | 990 | $985,374 | $1,316,841 | -$331,467 | $1,056,255 | $187,599 | $868,656 |
| June 30, 2023 | 990 | $1,336,130 | $1,237,199 | $98,931 | $1,295,839 | $65,716 | $1,230,123 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,408,003
- of which government grants
- $150,000
- Membership dues
- $65,788
- Program service revenue
- $27,490
- Investment income
- $261
- Net income from fundraising events
- $286,799
- Other revenue
- $286,799
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $121,450
- Other salaries and wages
- $539,405
- Salaries, compensation and benefits (total)
- $858,832
- Professional fundraising fees
- $0
- Accounting fees
- $11,959
- Occupancy
- $24,825
- Travel
- $2,335
- Depreciation
- $4,214
- Program services (functional)
- $1,050,400
- Management and general (functional)
- $132,251
- Fundraising (functional)
- $47,486
Balance sheet and other
- Total assets, start of year
- $1,056,255
- Total assets, end of year
- $1,453,362
- Total liabilities, end of year
- $92,290
- Net assets, end of year
- $1,361,072
- Land, buildings and equipment
- $11,967
- Net assets without donor restrictions
- $377,981
- Net assets with donor restrictions
- $983,091
- Gross receipts
- $1,767,678
- Employees
- 9
- Volunteers
- 140
- Year formed
- 1992
- 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 |
|---|---|---|---|
| Rick Sauer | Executive Director Key employee | 40 | $121,450 |
| Jamila Harris-Morrison | President Trustee or director, Officer | 2 | $0 |
| Bill McKinney | Vice president Trustee or director, Officer | 2 | $0 |
| Bryan Fenstermaker | Treasurer Trustee or director, Officer | 1 | $0 |
| Kimberly Washington | Secretary Trustee or director, Officer | 1 | $0 |
| Donna Bullock | Member Trustee or director | 1 | $0 |
| John Chin | Member Trustee or director | 1 | $0 |
| Michael Davidson | Member Trustee or director | 1 | $0 |
| Manuel Delgado | Member Trustee or director | 1 | $0 |
| Michelle Feldman | Member Trustee or director | 1 | $0 |
| Maria Gonzalez | Member Trustee or director | 1 | $0 |
| Nora Lichtash | Member Trustee or director | 1 | $0 |
| Stephanie Michel | Member Trustee or director | 1 | $0 |
| Dina Schlossberg | Member Trustee or director | 1 | $0 |
| Walter Toliver | Member Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Janet Stearns | Member Trustee or director | 1 | $0 |
| James Wright | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rick Sauer | Executive Director Key employee | 40 | $118,450 |
| Maria Gonzalez | President Trustee or director, Officer | 2 | $0 |
| Jamila Harris-Morrison | Vice president Trustee or director, Officer | 1 | $0 |
| Bryan Fenstermaker | Treasurer Trustee or director, Officer | 1 | $0 |
| James Wright | Secretary Trustee or director, Officer | 1 | $0 |
| John Chin | Member Trustee or director | 1 | $0 |
| Michael Davidson | Member Trustee or director | 1 | $0 |
| Michelle Feldman | Member Trustee or director | 1 | $0 |
| Rose Gray | Member Trustee or director | 1 | $0 |
| Nora Lichtash | Member Trustee or director | 1 | $0 |
| Bill McKinney | Member Trustee or director | 1 | $0 |
| Stephanie Michel | Member Trustee or director | 1 | $0 |
| Dina Schlossberg | Member Trustee or director | 1 | $0 |
| Janet Stearns | Member Trustee or director | 1 | $0 |
| Kimberly Washington | Member Trustee or director | 1 | $0 |
| Walter Toliver | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rick Sauer | Executive Director Key employee | 40 | $123,085 |
| Maria Gonzalez | President Trustee or director, Officer | 2 | $0 |
| Majeedah Rashid | Vice president Trustee or director, Officer | 1 | $0 |
| Bryan Fenstermaker | Treasurer Trustee or director, Officer | 1 | $0 |
| Jamila Harris-Morrison | Secretary Trustee or director, Officer | 1 | $0 |
| John Chin | Member Trustee or director | 1 | $0 |
| Michael Davidson | Member Trustee or director | 1 | $0 |
| Rose Gray | Member Trustee or director | 1 | $0 |
| Nora Lichtash | Member Trustee or director | 1 | $0 |
| Bill McKinney | Member Trustee or director | 1 | $0 |
| Stephanie Michel | Member Trustee or director | 1 | $0 |
| Dina Schlossberg | Member Trustee or director | 1 | $0 |
| Janet Stearns | Member Trustee or director | 1 | $0 |
| Kimberly Washington | Member Trustee or director | 1 | $0 |
| James Wright | Member Trustee or director | 1 | $0 |
| Walter Toliver | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1315 WALNUT ST STE 920, PHILADELPHIA, PA 19107-4709
- Principal officer (990 for 2024)
- Richard Sauer, 1315 Walnut St 920, Philadelphia, PA 19107
- Signed the 990
- Richard Sauer, Executive Director
- Phone
- (215) 732-5829
- Website
- WWW.PACDC.ORG
- Return prepared by
- Katherine R Conlon CPA
Mission
Vision: PACDC works to create an equitable city where every Philadelphian lives works and thrives in a neighborhood that offers an excellent quality of life. Mission: PACDC is a membership association, that fosters strong community development corporations and non-profit community organizations by enhancing their skills and advocating for resources and policies to create a just and inclusive Philadelphia.
Program accomplishments
- PACDCs key accomplishments of the fiscal year in POLICY & ADVOCACY: See attachedExpenses $320,342 · revenue $32,032
- PACDCs key accomplishments of the fiscal year in MEMBER SERVICES: See attachedExpenses $730,058 · revenue $27,490
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
- 23-2707112
- 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
- 1993
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20Z)
- Assets (IRS master file)
- $1,453,362
- Income (IRS master file)
- $1,767,678
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,722,553 | $1,230,137 | $1,453,362 | IRS |
| 990 | June 2024 | $985,374 | $1,316,841 | $1,056,255 | IRS |
| 990 | June 2023 | $1,336,130 | $1,237,199 | $1,295,839 | XML |
| 990 | June 2022 | $656,138 | $1,020,163 | $1,191,850 | IRS |
| 990 | June 2021 | – | – | – | 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 23-2707112).
Questions about PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS
- What is the EIN of PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS?
- The employer identification number (EIN) of PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS is 23-2707112.
- Is PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS 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 PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS 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 PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS 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 PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS?
- The 990 for the year ended June 30, 2025 names Richard Sauer.
- Who are the officers and directors of PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS?
- The 990 for the year ended June 30, 2025 lists 17 people; 1 received compensation from the organization, the highest $121,450 (Rick Sauer, Executive Director).
- How much revenue does PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORPORATIONS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,722,553, expenses of $1,230,137 and total assets of $1,453,362 at year end.
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