Community Preservation And Development Corporation

Organization Overview

Community Preservation And Development Corporation is located in Silver Spring, MD. The organization was established in 1990. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Preservation And 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 12/2021, Community Preservation And Development Corporation generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.0% each year. All expenses for the organization totaled $899.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

CPDC DEVELOPS AND PRESERVES FINANCIALLY SOUND, SOCIALLY RESPONSIBLE AFFORDABLE HOUSING FOR LOW-INCOME INDIVIDUALS AND FAMILIES THROUGH ACQUISITION, DEVELOPMENT AND OWNERSHIP, AND WORKS IN PARTNERSHIP WITH RESIDENTS OF HOUSING DEVELOPMENTS (COLLECTIVELY "PROJECTS") TO ESTABLISH SERVICE PROGRAMS THAT STRENGTHEN THEIR COMMUNITIES AND INCREASE OPPORTUNITIES FOR INDIVIDUAL GROWTH. ALL PROJECTS ARE LOCATED IN WASHINGTON, D.C., VIRGINIA, AND MARYLAND.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Silver Sm Co
Property Management
$396,663
Klien Hornig
Legal
$240,147
Commonwealth Architects
Architects
$146,859
Grim & Parker Inc
Architects
$145,416
Wiencek & Assoc
Architects
$108,866
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $198,983
All other contributions, gifts, grants, and similar amounts not included above$419
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$199,402
Total Program Service Revenue$919,461
Investment income $1,140,924
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $171,885
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 $2,431,672

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Community Preservation And Development Corporation has recieved totaling $461,880.

Awarding OrganizationAmount
Enterprise Community Investment Inc

Columbia, MD

PURPOSE: GENERAL SUPPORT

$201,525
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$119,813
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$119,813
Most Valuable Kids Inc

Rockville, MD

PURPOSE: EVENT TICKETS TO PROVIDE TO CHILDREN

$9,639
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$5,545
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$5,545
View Grant Recipient Profile

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