Philadelphia Association of CDCs

EIN: 232707112 501(c)(3) Community Improvement

Philadelphia, PA

Total Revenue
$1,336,130
Total Expenses
$1,237,199
Total Assets
$1,295,839
Net Assets
$1,230,123
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
PA
Principal Officer
Richard Sauer
Phone
2157325829
Tax Period
2022-07-01 to 2023-06-30

Philadelphia Association of CDCs, founded in 1992, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2022. Revenue surged 104% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 7% surplus.

Mission

PACDC is a membership association of organizations committed to equitable neighborhood revitalization. We focus our efforts in two key areas: advocacy for systems reform and increased access to resources; and technical

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,049,797
Program Service Revenue $18,177
Investment Income $394
Other Revenue $267,762
TOTAL REVENUE $1,336,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $728,765
Fundraising Expenses $34,253
Program Expenses $1,093,171
Other Expenses $508,434
TOTAL EXPENSES $1,237,199

Year-over-Year Comparison

2022 2021 Change
Revenue $1,336,130 $656,138 +1.0%
Expenses $1,237,199 $1,020,163 +0.2%
Net Income $98,931 $-364,025 -1.3%
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

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Governance

Voting Members
15
Independent Members
15
Employees
11
Volunteers
140

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
4
$0
Total Directors
15
$0
Key Employees
1
$123,085
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rick Sauer Executive Director 40.00
Key Emp
$123,085 $0 $123,085
Maria Gonzalez President 2.00
Officer Director
$0 $0 $0
Majeedah Rashid Vice president 1.00
Officer Director
$0 $0 $0
Bryan Fenstermaker Treasurer 1.00
Officer Director
$0 $0 $0
Jamila Harris-Morrison Secretary 1.00
Officer Director
$0 $0 $0
John Chin Member 1.00
Director
$0 $0 $0
Michael Davidson Member 1.00
Director
$0 $0 $0
Rose Gray Member 1.00
Director
$0 $0 $0
Nora Lichtash Member 1.00
Director
$0 $0 $0
Bill McKinney Member 1.00
Director
$0 $0 $0
Stephanie Michel Member 1.00
Director
$0 $0 $0
Dina Schlossberg Member 1.00
Director
$0 $0 $0
Janet Stearns Member 1.00
Director
$0 $0 $0
Kimberly Washington Member 1.00
Director
$0 $0 $0
James Wright Member 1.00
Director
$0 $0 $0
Walter Toliver Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $1,336,130 $1,237,199 $1,295,839 $98,931
2022 $656,138 $1,020,163 $1,191,850 $-364,025
2021 $1,580,552 $933,541 $1,555,322 $647,011
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