Northeast Philadelphia Development Corporation Npdc
- Assets
- $434.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 82-5383100
Organization Overview
Northeast Philadelphia Development Corporation Npdc is located in Philadelphia, PA. The organization was established in 2019. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast Philadelphia Development Corporation Npdc 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, Northeast Philadelphia Development Corporation Npdc generated $125.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 66.7% each year . All expenses for the organization totaled $78.9k during the year ending 12/2021. While expenses have increased by 64.6% per year over the past 3 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION DEDICATE TO HELP UNITE THE ASIAN AND AMERICAN COMMUNITIES IN NORTHEAST PHILADELPHIA. THE ORGANIZATION TRY TO ASSIMILATE OLD AND NEW ASIAN RESIDENTS OF THE REGION INTO THIS COMMUNITY. THE GOAL IS TO INCLUDE PROM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Cheung Vice President | 10 | $0 | |
Ming Hui Zou Board Member | 10 | $0 | |
Qijin Xiao President | 10 | $0 | |
Jing Lin Treasure | 10 | $0 | |
Nini Chen Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $115,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $78,850 |
| Total expenses | $78,850 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,434 |
| Other assets | $0 |
| Total assets | $434,462 |
| Total liabilities | $367,000 |
| Net assets or fund balances | $67,462 |