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CDC7 signals

Frankford CDC

Filed as Frankford Community Development Corporation
EIN 23-2738932Philadelphia, PA
IRS filings on ProPublica →News coverage →
First on record
2011
Latest filing
2023
Years filed
13
Latest revenue
$3,208,911
Latest staff

Current leadership

Form 990 Part VII, FY 2023
Executive
Kimberly Washington
Executive Director
Reported pay
$123,654
NameRoleReported pay
Kimberly WashingtonExecutive Director$123,654
Roger TenantPresident
Philip BalderstonVice President
Sandra BarrySecretary
Rev Colleen ButlerBoard Member
Yusef JamaladdinTreasurer
Kerri DetriBoard Member
Shameil DowlingBoard Member
Steven BarretBoard Member
Alma RiosBoard Member

Current as of the latest Form 990. A “departed” tag is the date that filing recorded an officer leaving, a documented transition.

CDC Tax Credit

City of Philadelphia program
Status
Active participant
In the program since 2012
Annual contribution
$85,000

A business sponsor contributes to this CDC for a tax credit against city business tax. Recorded in the 2015, 2016, 2017, 2018, 2019, 2020 annual reports. Source PDF →

Operational lifespan

Each block is one year
20112023

Revenue and expenses

Structural size over time
$0$1.6M$3.2M20112017201820192020202120222023
Revenue Expenses Possible leadership transition

Officer compensation

Leadership-transition signal
$0$38K$76K20112017201820192020202120222023
Total officer pay Possible leadership transition

Officer compensation shifted sharply in 2017, 2018, 2019, 2020, 2021, 2022, and 2023, each a candidate year for an executive-director change worth confirming against the 990 itself.

Year by year

From IRS Form 990
YearRevenueExpensesAssetsOfficer payStaff990
2023$3,208,911$1,257,929$10,121,892$0
2022$1,161,717$833,567$4,113,781$0PDF
2021$1,489,751$681,307$3,497,736$0PDF
2020$787,351$624,196$2,257,070$0
2019$673,798$633,855$1,918,930$0PDF
2018$617,955$597,051$1,436,340$0PDF
2017$653,592$383,277$2,419,579$0PDF
2016$859,002$353,673$2,084,290$75,952PDF
2015$451,997$457,413$1,539,672$76,000PDF
2014$291,805$231,955$1,461,980$64,000PDF
2013$212,789$149,675$1,346,333$0PDF
2012$136,392$161,646$1,456,208$0PDF
2011$212,999$148,928$1,416,718$0PDF