Park Central Development Corporation

Organization Overview

Park Central Development Corporation is located in Saint Louis, MO. The organization was established in 2003. 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. As of 12/2022, Park Central Development Corporation employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Central 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, Park Central Development Corporation generated $979.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $908.5k during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE SOCIAL WELFARE AND IMPROVE QUALITY OF LIFE IN NEIGHBORHOODS IN THE CITY OF ST. LOUIS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION WAS FORMED TO PROMOTE THE SOCIAL WELFARE AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS AND BUSINESSES IN NEIGHBORHOODS IN THE CITY OF SAINT LOUIS, MO.


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Board, Officers & Key Employees

Name (title)Compensation
Brian Phillips
Chairman
$0
Gerald Kirk
Treasurer
$0
Patrick Brown
Board Member
$0
Yusef Scoggin
Board Member
$0
Guy Slay
Board Member
$0
Brian Pratt
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$595,829
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$595,829
Total Program Service Revenue$268,968
Investment income $812
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $98,813
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $979,742

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Park Central Development Corporation has recieved totaling $25,000.

Awarding OrganizationAmount
St Louis Community Foundation Incorporated

St Louis, MO

PURPOSE: COMMUNITY BLDG, IMPROVEMENT & CAPACITY BUILDING

$25,000
View Grant Recipient Profile

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