Nonprofit · EIN 23-2973751
PASSYUNK AVENUE REVITALIZATION CORPORATION
Tax-exempt · PHILADELPHIA, PA 19147
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,832,693 | $1,996,615 | -$163,922 | $6,572,498 | $1,778,011 | $4,794,487 |
| December 31, 2024 | 990 | $1,463,502 | $1,579,972 | -$116,470 | $6,779,264 | $1,820,855 | $4,958,409 |
| December 31, 2023 | 990 | $1,318,254 | $1,386,263 | -$68,009 | $6,986,892 | $1,912,013 | $5,074,879 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $987,390
- Program service revenue
- $756,877
- Investment income
- $27,838
- Other revenue
- $60,588
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $120,200
- Salaries, compensation and benefits (total)
- $132,663
- Professional fundraising fees
- $0
- Legal fees
- $19,750
- Accounting fees
- $69,274
- Occupancy
- $13,271
- Depreciation
- $237,256
- Program services (functional)
- $1,878,299
- Management and general (functional)
- $107,435
- Fundraising (functional)
- $10,881
Balance sheet and other
- Total assets, start of year
- $6,779,264
- Total assets, end of year
- $6,572,498
- Total liabilities, end of year
- $1,778,011
- Net assets, end of year
- $4,794,487
- Land, buildings and equipment
- $5,311,184
- Net assets without donor restrictions
- $4,794,487
- Gross receipts
- $1,832,693
- Employees
- 1
- Volunteers
- 0
- Year formed
- 1999
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX BALLOON | EXECUTIVE DIR. Officer | 40 | $120,200 |
| PETER ANGELIDES | CHAIRMAN Trustee or director, Officer | 5 | $0 |
| LAURA SLUTSKY | MEMBER Trustee or director, Officer | 1 | $0 |
| SARAH ANTON | SECRETARY Trustee or director, Officer | 1 | $0 |
| JENNIFER DOUGHERTY | TREASURER Trustee or director, Officer | 1 | $0 |
| DIMITRIA DAVENPORT | MEMBER Trustee or director | 0.25 | $0 |
| MARIA SOURBEER | VICE CHAIRMAN Trustee or director | 0.25 | $0 |
| BRANDON TUBBY | MEMBER Trustee or director | 0.25 | $0 |
| JULIE DONOFRIO | MEMBER Trustee or director | 0.25 | $0 |
| ANDREW STOBER | MEMBER Trustee or director | 0.25 | $0 |
| MATT STEIN | MEMBER Trustee or director | 0.25 | $0 |
| ALEX FELDMAN | MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX BALLOON | Executive Dir. Officer | 40 | $108,766 |
| PETER ANGELIDES | Chairman Trustee or director, Officer | 5 | $0 |
| LAURA SLUTSKY | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SARAH ANTON | Secretary Trustee or director, Officer | 1 | $0 |
| DAVID GOLDFARB | Treasurer Trustee or director, Officer | 1 | $0 |
| DIMITRIA DAVENPORT | MEMBER Trustee or director | 0.25 | $0 |
| JENNIFER DOUGHERTY | MEMBER Trustee or director | 0.25 | $0 |
| MARIA SOURBEER | MEMBER Trustee or director | 0.25 | $0 |
| DARREN FAVA | MEMBER Trustee or director | 0.25 | $0 |
| ALEX FELDMAN | MEMBER Trustee or director | 0.25 | $0 |
| ANDREW STOBER | MEMBER Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALEX BALLOON | Executive Dir. Officer | 40 | $101,650 |
| PETER ANGELIDES | Chairman Trustee or director, Officer | 5 | $0 |
| LAURA SLUTSKY | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| SARAH ANTON | Secretary Trustee or director, Officer | 1 | $0 |
| DAVID GOLDFARB | Treasurer Trustee or director, Officer | 1 | $0 |
| DIMITRIA DAVENPORT | MEMBER Trustee or director | 0.25 | $0 |
| JENNIFER DOUGHERTY | MEMBER Trustee or director | 0.25 | $0 |
| MARIA SOURBEER | MEMBER Trustee or director | 0.25 | $0 |
| DARREN FAVA | MEMBER Trustee or director | 0.25 | $0 |
| ALEX FELDMAN | MEMBER Trustee or director | 0.25 | $0 |
| DAN POHLIG | MEMBER Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 1134 TITAN ST, PHILADELPHIA, PA 19147-5002
- In care of
- % BRYAN FENSTERMAKER
- Principal officer (990 for 2025)
- ALEX BALLOON, 1134 TITAN STREET, PHILADELPHIA, PA 19147
- Signed the 990
- ALEX BALLOON, EXECUTIVE DIRECTOR
- Phone
- (215) 551-5111
- Website
- WWW.PASSYARC.COM
- Return prepared by
- SD ASSOCIATES PC
Mission
PASSYUNK AVENUE REVITALIZATION CORPORATION ("PARC") IS A NONPROFIT CHARITABLE ORGANIZATION WHOSE MISSION IS TO PROVIDE COMMUNITY SERVICES FOR NEIGHBORHOODS ALONG THE EAST PASSYUNK AVENUE CORRIDOR IN SOUTH PHILADELPHIA
Program accomplishments
- COMMUNITY IMPROVEMENT INITIATIVES: ACQUIRED, RENOVATED, AND REHABILITATED BUILDINGS TO PROMOTE NEIGHBORHOOD BETTERMENT IN THE COMMUNITY. ACQUIRED PROPERTIES WERE BOTH COMMERCIAL AND RESIDENTIAL. PROVIDED COMMUNITY SUPPORT AND CLEANING SERVICES TO MAINTAIN THESE NEIGHBORHOODS IN A CLEAN AND SAFEENVIRONMENT. THE ORGANIZATION PROVIDES CLEANING SERVICES IN A PARTNERSHIP WITH THE CITY OF PHILADELPHIA IN THE WASHINGTON AVENUE, BROAD STREET AND SNYDER AVENUE AREAS, WORKING TOWARDS THE GOAL TO REDUCE LITTER AND ILLEGAL DUMPING AND PROVIDE A CLEAN APPEARANCE FOR BOTH RESIDENTS AND VISITING PUBLIC AND CREATE EMPLOYMENT OPPORTUNITIES. THE ORGANIZATION PROVIDES PRIMARY SIDEWALK CLEANING SUPPORT FOR THE EAST PASSYUNK AVENUE BUSINESS IMPROVEMENT DISTRICT.Expenses $1,878,299 · revenue $756,877
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2973751
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $6,572,498
- Income (IRS master file)
- $1,832,693
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,832,693 | $1,996,615 | $6,572,498 | XML |
| 990 | December 2024 | $1,463,502 | $1,579,972 | $6,779,264 | XML |
| 990 | December 2023 | $1,318,254 | $1,386,263 | $6,986,892 | XML |
| 990 | December 2022 | $1,122,096 | $1,293,909 | $7,101,902 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 23-2973751).
Questions about PASSYUNK AVENUE REVITALIZATION CORPORATION
- What is the EIN of PASSYUNK AVENUE REVITALIZATION CORPORATION?
- The employer identification number (EIN) of PASSYUNK AVENUE REVITALIZATION CORPORATION is 23-2973751.
- Is PASSYUNK AVENUE REVITALIZATION CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PASSYUNK AVENUE REVITALIZATION CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PASSYUNK AVENUE REVITALIZATION CORPORATION 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 PASSYUNK AVENUE REVITALIZATION CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PASSYUNK AVENUE REVITALIZATION CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PASSYUNK AVENUE REVITALIZATION CORPORATION?
- The 990 for the year ended December 31, 2025 names ALEX BALLOON.
- Who are the officers and directors of PASSYUNK AVENUE REVITALIZATION CORPORATION?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $120,200 (ALEX BALLOON, EXECUTIVE DIR.).
- How much revenue does PASSYUNK AVENUE REVITALIZATION CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,832,693, expenses of $1,996,615 and total assets of $6,572,498 at year end.
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