COMMUNITY PARTNERSHIP DEVELOPMENT … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

ADAM GOLD

Phone

6462173370

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY PARTNERSHIP DEVELOPMENT CORPORATION, founded in 1989, is a micro nonprofit in the Housing & Shelter sector that reported $95K in total revenue in fiscal year 2023. The organization ran a surplus of $29K, a strong 30% operating margin.

Mission

THE ORGANIZATION'S MISSION IS TO LESSEN THE BURDEN OF THE GOVERNMENT, ACT IN THE PUBLIC INTEREST AND TO PROMOTE AND PROVIDE FOR ADDITIONAL AND MAXIMUM EMPLOYMENT, THEREBY BETTERING AND MAINTAINING JOB OPPORTUNITIES AND RELIEVING AND REDUCING UNEMPLOYMENT.

Program Service Accomplishments

Program 1

Expenses: $60,000 Revenue: $69,469

CPDC IS A NOT-FOR-PROFIT LOCAL DEVELOPMENT CORPORATION INCORPORATED IN THE STATE OF NEW YORK, IT IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI"). CPDC ADMINISTERS LOANS TO HELP...

CPDC IS A NOT-FOR-PROFIT LOCAL DEVELOPMENT CORPORATION INCORPORATED IN THE STATE OF NEW YORK, IT IS A CERTIFIED COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI"). CPDC ADMINISTERS LOANS TO HELP COVER CERTAIN DEVELOPMENT COSTS INCURRED IN DEVELOPING HOUSING ON VARIOUS SITES LOCATED THROUGHOUT NEW YORK CITY. CPDC ADMINISTERS THE CPDC NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT (HPD)/URBAN DEVELOPMENT ACTION GRANT (UDAG) LOAN FUND TO HELP SMALL, MINORITY OWNED AND WOMEN OWNED BUILDERS COVER DEVELOPMENT AND PREDEVELOPMENT COSTS, ITS OWN SEED LOAN FUND AND SEED LOANS FROM THE NEW YORK STATE DIVISION OF HOUSING AND COMMUNITY RENEWAL ("DHCR") TO SUPPORT THE PREDEVELOPMENT WORK OF HOUSING SITES. IN 2009, CPDC WAS DESIGNATED A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION ("CHDO"). THIS DESIGNATION ENABLES IT TO ACCESS FUNDING THROUGH THE DIVISION OF HOUSING AND COMMUNITY RENEWAL. THESE FUNDS FLOW THROUGH CPDC AS INTERMEDIARY TO DESIGNATED ORGANIZATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $69,469

Investment Income $25,374

Other Revenue $0

TOTAL REVENUE $94,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $66,208

TOTAL EXPENSES $66,208

Year-over-Year Comparison

	2023	2022	Change
Revenue	$94,843	$89,780	+0.1%
Expenses	$66,208	$45,594	+0.5%
Net Income	$28,635	$44,186	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,390,012

Total Directors