Mount Washington Community Development Corporation
- Assets
- $341.0k
- Revenue
- $160.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Pittsburgh, PA
- Founding
- 06/1995
- Data as of
- 12/2022
- EIN
- 25-1638640
Organization Overview
Mount Washington Community Development Corporation is located in Pittsburgh, PA. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Washington Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mount Washington Community Development Corporation generated $160.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $315.8k during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
MOUNT WASHINGTON COMMUNITY DEVELOPMENT CORPORATION (MWCDC) IS A NOT-FOR-PROFIT CORPORATION WITH A MISSION TO ENGAGE OUR COMMUNITY, PROMOTE RESPONSIBLE DEVELOPMENT AND PROVIDE OPPORTUNITY TO CREATE AN INCLUSIVE NEIGHBORHOOD FOR RESIDENTS, BUSINESSES AND VISITORS IN MOUNT WASHINGTON AND DUQUESNE HEIGHTS..
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENTCOMMUNITY DEVELOPMENT IS A BROAD TERM USED TO PROMOTE A VARIETY OF CHANGE ELEMENTS INTO A NEIGHBORHOOD. FROM OPEN SPACE AND RECREATION TO PUBLIC SAFETY, COMMUNITY DEVELOPMENT ENSURES COMMUNITY GROWTH AND QUALITY OF LIFE. A MW/DH SIGNATURE IS ITS OPEN SPACES, EMBODIED BY A REMARKABLE VIEW OF THE CITY; THE COMMUNITY HAS AN UNSURPASSED URBAN GREEN SPACE WHICH INCLUDES EMERALD VIEW PARK. MWCDC WORKS IN PARTNERSHIP WITH THE PITTSBURGH PARKS CONSERVANCY TO MAINTAIN A COMMUNITY VOICE IN THE STEWARDSHIP OF EMERALD VIEW PARK AND COMMUNITY GREEN SPACES.
HOUSING DEVELOPMENTRESIDENTIAL AND COMMUNITY DEVELOPMENT PROJECTS ENCOURAGE LONG-TERM DEVELOPMENT BENEFITS TO THE NEIGHBORHOOD AND IMPROVE THE COMMUNITYS HOUSING STOCK. THESE PROJECTS LEVERAGE THE COMMUNITYS EXISTING ARCHITECTURAL AND HISTORIC CHARACTER, MASS TRANSIT RESOURCES AND ACCESSIBILITY TO QUALITY HOUSING.
BUSINESS DEVELOPMENTBUSINESS DEVELOPMENT AT THE NEIGHBORHOOD LEVEL BEGINS BY TAKING ADVANTAGE OF EXISTING RESOURCES AND ASSETS IN THE COMMUNITY INCLUDING THE CLOSE PROXIMITY TO THE DOWNTOWN CORE BUSINESS DISTRICT, AFFORDABLE SINGLE-FAMILY HOMES, ACCESS TO PARKS AND RECREATION, MASS TRANSIT AVAILABILITY AND AN ACTIVE CORE BUSINESS DISTRICT. ADDITIONALLY, A TREMENDOUS VISITOR/TOURISM BASE DUE TO THE MAGNIFICENT CITY SKYLINE AND GREAT AMENITIES LIKE THE RESTAURANTS ON GRANDVIEW AVENUE HELP TO RETAIN EXISTING BUSINESSES AND ATTRACT NEW ONES TO MOUNT WASHINGTON AND DUQUESNE HEIGHTS (MW/DH).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon Davidson Executive Dir. | Officer | 40 | $62,981 |
Perry R Ninness President | OfficerTrustee | 2.5 | $0 |
Anne Burroughs Board Member | Trustee | 2.5 | $0 |
Raina Sharma Board Member | Trustee | 2.5 | $0 |
Robert Kohnfelder Board Member | Trustee | 2.5 | $0 |
Jean Novak Board Member | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,350 |
| Related organizations | $0 |
| Government grants | $17,410 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,877 |
| Noncash contributions included in lines 1a–1f | $1,605 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,637 |
| Total Program Service Revenue | $14,155 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,837 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,981 |
| Compensation of current officers, directors, key employees. | $12,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $1,875 |
| Other employee benefits | $935 |
| Payroll taxes | $4,937 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $9,690 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,761 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $178 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,875 |
| All other expenses | $0 |
| Total functional expenses | $315,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $251,133 |
| Savings and temporary cash investments | $15,446 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $15,102 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,259 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,089 |
| Total assets | $341,029 |
| Accounts payable and accrued expenses | $19,365 |
| Grants payable | $0 |
| Deferred revenue | $15,350 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,300 |
| Total liabilities | $40,015 |
| Net assets without donor restrictions | $203,142 |
| Net assets with donor restrictions | $97,872 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $341,029 |