Germantown United Community Development Corporation
- Assets
- $468.7k
- Revenue
- $612.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Philadelphia, PA
- Founding
- 04/2012
- Data as of
- 12/2022
- EIN
- 45-3739378
Organization Overview
Germantown United Community Development Corporation is located in Philadelphia, PA. The organization was established in 2012. 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, Germantown United Community Development Corporation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Germantown United 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, Germantown United Community Development Corporation generated $612.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $462.1k during the year ending 12/2022. While expenses have increased by 8.9% per year over the past 7 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
TO PROMOTE AND FACILITATE THE SUSTAINABLE AND EQUITABLE DEVELOPMENT OF PHILADELPHIA'S GERMANTOWN NEIGHBORHOOD. GU WORKS TO IMPROVE THE QUALITY OF LIFE OF GERMANTOWN RESIDENTS, SUPPORT LOCAL BUSINESSES, AND ADVANCE COMMERCIAL CORRIDOR REVITALIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS SERVICES AND COMMERCIAL CORRIDOR MANAGEMENT - GU FACILITATES LOCAL ACCESS TO SUPPORTIVE PRIVATE AND CITY-FUNDED PROGRAMS DESIGNED TO ADVANCE COMMERCIAL CORRIDOR REVITALIZATION. GU CONNECTS LOCAL BUSINESS OWNERS, ENTREPRENEURS, AND COMMERCIAL PROPERTY OWNERS WITH FREE AND LOW-COST BUSINESS PLANNING AND MANAGEMENT TRAINING PROGRAMS, FINANCING RESOURCES, AND FINANCIAL AND TECHNICAL ASSISTANCE. ADDITIONALLY, GU'S CLEAN CORRIDORS PROGRAM HELPS TO IMPROVE THE PHYSICAL, ENVIRONMENTAL AND MARKET CONDITIONS OF THE CENTRAL GERMANTOWN BUSINESS CORRIDOR AND MAKE THE AREA SAFE, CLEAN, AND ATTRACTIVE FOR SHOPPERS. THE CLEANING AMBASSADOR TEAM PROVIDES WEEKLY SIDEWALK SWEEPING, REMOVES TRASH AND OTHER DEBRIS FROM THE AREA, MAINTAINS PUBLIC GARDENS AT TWO CENTRAL POINTS IN THE BUSINESS DISTRICT, AND FACILITATES GREENING AND OTHER BEAUTIFICATION PROJECTS. FUNDING THAT SUPPORTS THIS WORK: CITY OF PHILADELPHIA DEPARTMENT OF COMMERCE DEPARTMENT, PHILADELPHIA AUTHORITY OF INDUSTRIAL DEVELOPMENT.
RESIDENT SERVICES - GU WORKS TO ADVANCE THE QUALITY OF LIFE OF GERMANTOWN RESIDENTS, PARTICULARLY THOSE WHO ARE LOW- AND MODERATE-INCOME AND TRADITIONALLY UNDERSERVED. GU PRIMARILY ACTS AS A REFERRAL AGENCY, DIRECTING CLIENTS TO RESOURCES PROVIDED BY GOVERNMENT AGENCIES AND OTHER ORGANIZATIONS OF WHICH GU HAS RELATIONSHIPS WITH. THROUGHOUT THE YEAR, GU ORGANIZES AND FACILITATES COMMUNITY MEETINGS, EDUCATIONAL WORKSHOPS, AND OTHER SPECIAL EVENTS RELATED TO OUR MISSION. PRESERVING HOUSING IS A KEY PRIORITY. SUPPORTIVE SERVICES INCLUDE (BUT ARE NOT LIMITED TO): DIRECT OUTREACH TO RESIDENTS AT RISK OF TAX AND MORTGAGE FORECLOSURE; HOME REPAIR, PROPERTY TAX, AND UTILITY ASSISTANCE; FINANCIAL AND HOUSING COUNSELING; ANTI-PREDATORY LENDING EDUCATION; AND FACILITATION OF RESIDENT PARTICIPATION IN CITY PLANNING INITIATIVES, CAPITAL PROJECTS, AND OTHER GRASSROOTS COMMUNITY IMPROVEMENT EFFORTS. FUNDING THAT SUPPORTS THIS WORK: CITY OF PHILADELPHIA DIVISION OF HOUSING & COMMUNITY DEVELOPMENT, THE ELIZABETH B. AND ARTHUR E. ROSWELL FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Coles Trustee | Trustee | 2 | $0 |
Umi Howard Trustee | Trustee | 2 | $0 |
Rev Kent Matthies Trustee (prior) | Trustee | 2 | $0 |
Vaughn Ross Trustee | Trustee | 2 | $0 |
Eric Worley Trustee | Trustee | 2 | $0 |
Julie Stapleton-Carroll President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $413,814 |
| All other contributions, gifts, grants, and similar amounts not included above | $198,665 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $612,479 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $612,479 |
| 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. | $73,192 |
| Compensation of current officers, directors, key employees. | $32,936 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,317 |
| Payroll taxes | $15,176 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,042 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $166,161 |
| Advertising and promotion | $901 |
| Office expenses | $28,895 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,852 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $351 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $760 |
| Insurance | $3,986 |
| All other expenses | $3,880 |
| Total functional expenses | $462,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,186 |
| Savings and temporary cash investments | $249,442 |
| Pledges and grants receivable | $200,338 |
| Accounts receivable, net | $0 |
| 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 | $8,195 |
| Net Land, buildings, and equipment | $2,043 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,544 |
| Total assets | $468,748 |
| Accounts payable and accrued expenses | $19,507 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $58,509 |
| Total liabilities | $78,016 |
| Net assets without donor restrictions | $285,020 |
| Net assets with donor restrictions | $105,712 |
| 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 | $468,748 |