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New Kensington Community Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222610536 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is New Kensington Community Development Corp?

New Kensington Community Development Corp (NKCDC) is a dedicated nonprofit organization situated in Philadelphia, Pennsylvania. Their primary mission is to stimulate local business growth and create community wealth, thereby generating employment opportunities. They accomplish this by offering assistance to start-ups and existing businesses, managing an inventory of available properties, and aiding local entrepreneurs in finding necessary services and funding for business expansion. Additionally, NKCDC utilizes the arts as a means to stimulate economic growth within the community. With a workforce of 76 employees, this organization actively works towards strengthening the community's physical, social, and economic fabric, serving as a catalyst for sustainable development and community building.


Official website here: www.nkcdc.org

Is New Kensington Community Development Corp legitimate?

New Kensington Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Kensington Community Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $223,154
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,763,778

For more financial information, click here


Official website here: www.nkcdc.org

What is the mission statement of New Kensington Community Development Corp?

The New Kensington Community Development Corp's mission is centered around enhancing the community's fabric in a sustainable manner. They serve as a catalyst for development and community building, aiming to strengthen the physical, social, and economic aspects of the community. In terms of economic development, they actively support local businesses by assisting start-ups, helping existing businesses grow, maintaining an inventory of available properties, and aiding entrepreneurs in accessing necessary services and funds. Furthermore, they utilize the arts as a means to stimulate economic growth.


Official website here: www.nkcdc.org

Who is the CEO of New Kensington Community Development Corp?

William Mckinney is the Executive Director of New Kensington Community Development Corp.


Official website here: www.nkcdc.org

What is the revenue of New Kensington Community Development Corp?

New Kensington Community Development Corp's revenue in 2022 was $3,789,688.


Official website here: www.nkcdc.org

Who are the executives of New Kensington Community Development Corp and what are their salaries?

The average compensation at New Kensington Community Development Corp during 2022 was $26,144. There are 76 employees and 15 volunteers at New Kensington Community Development Corp.

Here are 20 key members and their salaries:

    William Mckinney (Executive Director)
  • Compensation: $113,141
  • Related: $0
  • Other: $19,234

    • Dani Howard (Cfo Through 12/2022)
  • Compensation: $44,700
  • Related: $0
  • Other: $7,599

    • Frank Iannuzzi (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Whitfield (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keiko Tsuruta Cramer (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caitlin Shuler Esq (Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Mccolloch (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy P Lederer (President-Past) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Mccann (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Edward Theobald Aicp (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Masip (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reverend Richard Harris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Pace Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ariell R Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Taylor Esquire (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Awilda Aguila Balbuena (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Alles (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tess Donie (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabriela Monje (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Acciani (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nkcdc.org

    Where can I find the form 990 for New Kensington Community Development Corp?

    The New Kensington Community Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nkcdc.org

    Learn more at the official website: www.nkcdc.org

    Mission Statement of New Kensington Community Development Corp

    New Kensington Community Development Corp, abbreviated as NKCDC, is dedicated to enhancing the community's physical, social, and economic fabric. Acting as a catalyst for sustainable development and community building, NKCDC's mission is to promote local business growth. They achieve this by aiding start-up and existing businesses, ensuring the availability of suitable property, and assisting local entrepreneurs in identifying and securing necessary services and funds for business expansion. NKCDC also recognizes the potential of the arts in stimulating economic growth and incorporates them into their strategies. By focusing on these areas, NKCDC aims to foster job creation and community wealth, ultimately contributing to the overall betterment of the community.

    Impact

    This information is meant to be a general summary of New Kensington Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Kensington Community Development Corp's impact can be seen in its efforts to strengthen the physical, social, and economic fabric of the community in Philadelphia, Pennsylvania. By serving as a catalyst for sustainable development and community building, they actively work to further local business development, create jobs, and generate community wealth. Through assisting start-up and existing businesses, maintaining an inventory of available property, helping entrepreneurs access services and funds, and leveraging the arts for economic stimulation, New Kensington Community Development Corp contributes significantly to the growth and prosperity of the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-123,050
  • Program Service Revenue: $75,600
  • Gross Receipts: $4,624,252

    • Assets and Liabilities:
  • Total Assets: $10,732,442
  • Total Liabilities: $3,465,670
  • Net Assets: $7,266,772
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FEES

    Revenue

    $23,330

    RENTAL REVENUE

    Revenue

    $52,270

    Organization Details

    Founding Year

    1985

    Principal Officer

    William Mckinney

    Main Address

    2771 RUTH STREET SUITE 1, PHILADELPHIA, PA, 19134

    If you are a representative of New Kensington Community Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.