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CDC5 signals
East Falls Development Corporation
First on record
2010
Latest filing
2023
Years filed
14
Latest revenue
$271,935
Latest staff
—
Current leadership
Executive
Michelle Feldman
Exec Director
Reported pay
$77,449
| Name | Role |
|---|---|
| Michelle Feldman | Exec Director |
| John Hawkins | Board Chair |
| Kevin Duffy | Treasurer |
| Marvina Furlow | Member |
| John Grady | Member |
| Mike Stanton | Member |
| Douglas Grom | Member |
| Felicite Moorman | Member |
| Ina Thomas | Member |
| Jeff Cromarty | 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
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
20102023
Revenue and expenses
Revenue Expenses Possible leadership transition
Officer compensation
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.
In the news
More on Google News →Announcing the Climate Resilience Partner organizations - City of Philadelphia (.gov)
A Guide to East Falls: Nature-Soaked & Culture-Packed - Visit Philadelphia
East Falls and Manayunk Flood Mitigation Study - ULI Philadelphia
PHL Taking Care of Business Program Testimonial: East Falls - City of Philadelphia (.gov)
East Falls, Manayunk publish flood mitigation study 3 years after Hurricane Ida - WHYY
Philadelphia Federal Credit Union cuts ribbon on East Falls branch - timesherald.com
Year by year
| Year | Revenue | Expenses | Assets | Officer pay | 990 |
|---|---|---|---|---|---|
| 2023 | $271,935 | $265,146 | $494,172 | $75,089 | — |
| 2022● | $243,070 | $201,190 | $490,372 | $65,388 | |
| 2021● | $493,883 | $525,557 | $444,759 | $40,213 | |
| 2020● | $187,520 | $161,053 | $465,015 | $9,801 | |
| 2019● | $186,980 | $177,950 | $604,593 | $0 | |
| 2018 | $161,972 | $196,989 | $601,409 | $57,478 | |
| 2017 | $203,875 | $159,690 | $649,720 | $53,651 | |
| 2016 | $186,036 | $170,794 | $615,770 | $60,089 | |
| 2015 | $227,509 | $182,986 | $606,856 | $55,862 | |
| 2014 | $155,535 | $164,112 | $369,392 | $60,795 | |
| 2013 | $171,012 | $243,393 | $367,360 | $82,581 | |
| 2012● | $263,211 | $255,679 | $443,563 | $81,202 | |
| 2011 | $209,792 | $214,225 | $481,192 | $50,923 | |
| 2010 | $440,004 | $475,054 | $438,560 | $50,923 |