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CDC5 signals

East Falls Development Corporation

EIN 23-2805925Phila, PA
IRS filings on ProPublica →News coverage →
First on record
2010
Latest filing
2023
Years filed
14
Latest revenue
$271,935
Latest staff

Current leadership

Form 990 Part VII, FY 2023
Executive
Michelle Feldman
Exec Director
Reported pay
$77,449
NameRoleReported pay
Michelle FeldmanExec Director$77,449
John HawkinsBoard Chair
Kevin DuffyTreasurer
Marvina FurlowMember
John GradyMember
Mike StantonMember
Douglas GromMember
Felicite MoormanMember
Ina ThomasMember
Jeff CromartyMember

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
20102023

Revenue and expenses

Structural size over time
$0$263K$526K20102012201620192020202120222023
Revenue Expenses Possible leadership transition

Officer compensation

Leadership-transition signal
$0$41K$83K20102012201620192020202120222023
Total officer pay Possible leadership transition

Officer compensation shifted sharply in 2012, 2019, 2020, 2021, and 2022, 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$271,935$265,146$494,172$75,089
2022$243,070$201,190$490,372$65,388PDF
2021$493,883$525,557$444,759$40,213PDF
2020$187,520$161,053$465,015$9,801PDF
2019$186,980$177,950$604,593$0PDF
2018$161,972$196,989$601,409$57,478PDF
2017$203,875$159,690$649,720$53,651PDF
2016$186,036$170,794$615,770$60,089PDF
2015$227,509$182,986$606,856$55,862PDF
2014$155,535$164,112$369,392$60,795PDF
2013$171,012$243,393$367,360$82,581PDF
2012$263,211$255,679$443,563$81,202PDF
2011$209,792$214,225$481,192$50,923PDF
2010$440,004$475,054$438,560$50,923PDF