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Nonprofit · EIN 27-5244592

GMDC PHILADELPHIA

Tax-exempt · BROOKLYN, NY 11222

Financials

$54K$5K2025
Revenue Expenses · by fiscal year end
Financials of GMDC PHILADELPHIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$54,343$5,342$49,001$7,242,727$7,588,724-$345,997
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$54,343
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,342
Management and general (functional)
$5,342

Balance sheet and other

Total assets, start of year
$275
Total assets, end of year
$7,242,727
Total liabilities, end of year
$7,588,724
Net assets, end of year
-$345,997
Net assets without donor restrictions
-$345,997
Gross receipts
$54,343
Employees
0
Volunteers
4
Year formed
2011
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRIAN T COLEMANPRESIDENT
Trustee or director, Officer
16$0$525,459$67,584
MICHAEL CAVAGNAROCFO
Officer
16$0$254,904$26,648
CHRISTOPHER MOUSTAKISBOARD MEMBER
Trustee or director
0.4$0$0$0
KATE ASCHERSECRETARY
Trustee or director, Officer
0.4$0$0$0
MARK DAVISBOARD MEMBER
Trustee or director
0.4$0$0$0
ROSALIND PAASWELLTREASURER
Trustee or director, Officer
0.4$0$0$0

Address and contacts

Address (IRS master file)
1155 MANHATTAN AVENUE, BROOKLYN, NY 11222-6102
In care of
% GMDC
Mailing address (990-N for 2024)
1155 MANHATTAN AVENUE, Brooklyn NY 11222
Principal officer (990 for 2025)
BRIAN COLEMAN, 1155 MANHATTAN AVENUE, BROOKLYN, NY 11222
Principal officer (990-N for 2024)
BRIAN COLEMAN, 1155 MANHATTAN AVENUE, Brooklyn NY 11222
Signed the 990
BRIAN COLEMAN, PRESIDENT
Phone
(718) 383-3935
Return prepared by
CBIZ ADVISORS LLC

Mission

GMDC PHILADELPHIA WAS FORMED TO MANAGE THE JASPER STREET PROPERTY IN PHILADELPHIA.

990 for the year ended December 31, 2025

Program accomplishments

  • LEASED AND MANAGED AN INDUSTRIAL BUILDING WHILE PROVIDING ADDITIONAL SERVICES TO SMALL BUSINESSES IN THE DISTRESSED COMMUNITIES THROUGH THE PROVISION OF HARD TO FIND AFFORDABLE MANUFACTURING SPACE, GMDC PHILADELPHIA'S BUILDING IS A HAVEN FOR SMALL BUSINESS - AND THE JOBSTHEY CREATE - IN DISADVANTAGED NEIGHBORHOODS.
    revenue $54,343

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
27-5244592
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E60)
Assets (IRS master file)
$7,242,727
Income (IRS master file)
$54,343

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$54,343$5,342$7,242,727XML
990-N for 2024
Officer: BRIAN COLEMAN
December 31, 2024≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: BRIAN COLEMAN
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: BRIAN COLEMAN
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: BRIAN COLEMAN
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: BRIAN COLEMAN
December 31, 2019≤ $50,000 receipts––e-Postcard

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 27-5244592).

Questions about GMDC PHILADELPHIA

What is the EIN of GMDC PHILADELPHIA?
The employer identification number (EIN) of GMDC PHILADELPHIA is 27-5244592.
Is GMDC PHILADELPHIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to GMDC PHILADELPHIA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GMDC PHILADELPHIA 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 GMDC PHILADELPHIA 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 GMDC PHILADELPHIA 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 GMDC PHILADELPHIA?
The 990 for the year ended December 31, 2025 names BRIAN COLEMAN.
Who are the officers and directors of GMDC PHILADELPHIA?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does GMDC PHILADELPHIA have?
On its 990 for the year ended December 31, 2025 it reported revenue of $54,343, expenses of $5,342 and total assets of $7,242,727 at year end.

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