Form 990 for tax year 2022

Filed by CENTER CITY DISTRICT FOUNDATION.

Totals

Total revenue: $1,046,256
Total expenses: $1,074,047
Contributions and grants received: $908,319
Grants paid: $401,648
Program service revenue: $137,756
Investment income: $181
Other revenue: $0
Total assets, end of year: $1,193,872
Total liabilities, end of year: $309,355
Net assets or fund balances, end of year: $884,517
Program services expenses (Part IX): $1,030,990
Management and general expenses: $2,200
Fundraising expenses: $40,857
Program service expenses (Part III): $1,030,990

Program services were 96.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1d · Related organizations

$114,445
1f · All other contributions, gifts and grants

$793,874
2a · Program service revenue: PARK RENTAL FEES

total $137,756 · related or exempt $137,756
3 · Investment income

total $181 · excluded $181
4 · Income from investment of tax-exempt bond proceeds

total $0
5 · Royalties

total $0
6c · Rental income or loss

real property $0 · personal property $0
6d · Net rental income or loss

total $0
7d · Net gain or loss

total $0
8a · Fundraising events: gross income

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $401,648 · program services $401,648
2 · Grants to domestic individuals

total $0
3 · Grants to foreign organizations and individuals

total $0
4 · Benefits paid to or for members

total $0
5 · Compensation of officers, directors and key employees

total $0
6 · Compensation of disqualified persons

total $0
7 · Other salaries and wages

total $0
8 · Pension plan contributions

total $0
9 · Other employee benefits

total $0
10 · Payroll taxes

total $0
11a · Fees: management

total $0
11b · Fees: legal

total $0
11c · Fees: accounting

total $0
11d · Fees: lobbying

total $0
11e · Fees: professional fundraising services

total $0
11f · Fees: investment management

total $0
11g · Fees: other

total $260,939 · program services $260,939 · management and general $0 · fundraising $0
12 · Advertising and promotion

total $6,600 · program services $6,600
13 · Office expenses

total $35,320 · program services $2,562 · management and general $2,200 · fundraising $30,558
14 · Information technology

total $10,269 · fundraising $10,269
15 · Royalties

total $0
16 · Occupancy

total $7,222 · program services $7,222
17 · Travel

total $30 · fundraising $30
18 · Travel or entertainment for public officials

total $0
19 · Conferences, conventions and meetings

total $0
20 · Interest

total $0
21 · Payments to affiliates

total $0
22 · Depreciation, depletion and amortization

total $17,112 · program services $17,112
23 · Insurance

total $672 · program services $672
24a · Other expenses: LANDSCAPING MAINTENANCE

total $218,557 · program services $218,557
24b · Other expenses: OTHER EXPENSES - BAD DEBT

total $96,449 · program services $96,449
24c · Other expenses: PROGRAM SUPPLIES

total $19,229 · program services $19,229

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $842,931 · end of year $752,468
2 · Savings and temporary cash investments

beginning of year $0 · end of year $0
3 · Pledges and grants receivable

beginning of year $336,265 · end of year $239,174
4 · Accounts receivable

beginning of year $0 · end of year $0
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $5,574 · end of year $11,909
10a · Land, buildings and equipment: cost or other basis

$223,534
10b · Land, buildings and equipment: accumulated depreciation

$33,213
10c · Land, buildings and equipment, net

beginning of year $167,105 · end of year $190,321
11 · Investments: publicly traded securities

beginning of year $0 · end of year $0
12 · Investments: other securities

beginning of year $0 · end of year $0
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $0 · end of year $0
17 · Accounts payable and accrued expenses

beginning of year $30,622 · end of year $46,898
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $86,650 · end of year $5,450
20 · Tax-exempt bond liabilities

beginning of year $0 · end of year $0
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $0 · end of year $0
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $322,295 · end of year $257,007
27 · Net assets without donor restrictions

beginning of year $529,465 · end of year $634,490
28 · Net assets with donor restrictions

beginning of year $382,843 · end of year $250,027

Mission and programs · 2022

Mission

SEE SCHEDULE O

COLLINS PARK -COLLINS PARK IS A SMALL PARK IN THE HEART OF CENTER CITY AND OWNED BY THE CENTER CITY FOUNDATION AT 1707 CHESTNUT STREET. IT PROVIDES A CALMING RESPITE FROM THE DAILY HUSTLE AND BUSTLE OF THE CITY AND IS OPEN DAILY FOR EVERYONE. EXPENSES RELATE TO THE OPERATION, MAINTENANCE, AND SECURITY OF THE PARK TO ENSURE THAT IT IS CLEAN, SAFE, AND BEAUTIFUL. THE PARK, DESIGNED BY JOHN COLLINS IS CHARACTERIZED BY EXTENSIVE AND LUSH PLANTINGS, CALMING FOUNTAINS AND SEATING AREAS AND AREAS FOR PATRONS TO RELAX AND ENJOY A MEAL. THE PARK IS OPEN DAILY GENERALLY FROM 9:00 A.M. TO 5:00 P.M., AND SEASONALLY AT VARIOUS TIMES. CCDF ALSO PROGRAMS THE PARK FROM TIME TO TIME TO SHOWCASE ARTS AND ARTISTS AND THE PARK HAS BEEN A COMMUNITY GEM AND FAVORED BY RESIDENTS.

Expenses $277,320 · Grants $69,748 · Revenue $137,756
VIADUCT RAIL PARK, RAIL PARK BENEFACTOR, RAIL PARK PHASE II - THE VIADUCT RAILPARK PROJECT INCLUDING THE COMPLETED PHASE 1 AND SUBSEQUENT PHASES CURRENTLY IN THE PLANNING STAGES IS DEDICATED TO THE TRANSFORMATION OF THE DEFUNCTAND BLIGHTED FORMER READING RAILROAD VIADUCT INTO A PUBLIC OPEN GREEN SPACE FOR THE USE BY WORKERS, RESIDENTS AND VISITORS TO THE CENTER CITY PHILADELPHIA AREA. THE TRANSFORMATION OF THE DERELICT 4.5 ACRE ELEVATED READING RAIL ROAD VIADUCT IN PHILADELPHIA, RUNNING FROM 11TH AND VINE STREETS TO 9TH AND FAIRMOUNT WITH A WESTERN SPUR AT NOBLE ST. INTO A PUBLIC AMENITY AND PARK WILL HAVE A CATALYTIC IMPACT, CREATING BOTH TEMPORARY AND PERMANENT JOBS AND STIMULATING NEW COMMERCIAL AND HOUSING INVESTMENTS IN THE AREA IMMEDIATELY ADJACENT TO PHILADELPHIA'S THRIVING AND EXPANDING DOWNTOWN.

Expenses $217,853
AMBASSADORS OF HOPE/HOMELESS OUTREACH - WORKS TO ADDRESS CERTAIN ON-STREET BEHAVIORAL ISSUES RELATING TO INDIVIDUALS WHO MAY BE LIVING ON THE STREET OR ASKING FOR MONEY FROM THE PUBLIC WITHIN THE BOUNDARIES OF THE CENTER CITY DISTRICT. POLICE, PROJECT HOME AND THREE FULL TIME STAFF EMPLOYEES COLLABORATE TO PROVIDE GREATER ACCESS TO TREATMENT, SERVICES, AND HOUSING FOR THE PHILADELPHIA HOMELESS COMMUNITY (THE "HOMELESS COMMUNITY"), WHILE DISCOURAGING PROHIBITED BEHAVIOR IN ORDER TO INCREASE THE QUALITY OF LIFE FOR ALL PHILADELPHIANS.

Expenses $213,000 · Grants $213,000
DILWORTH PLAZA

Expenses $133,842 · Grants $85,025
DILWORTH LAWN

Expenses $91,823
PLANT PHILA

Expenses $65,603 · Grants $18,875
SISTER CITIES

Expenses $16,549
RECOVERY FUND

Expenses $15,000 · Grants $15,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Paul R LevyPAUL R LEVY

Ex OffICIO / Executive Dir.

Total calculated

$498,639

From this org

$0

From related orgs

$451,327

Other

$47,312

Hours/week

10 + 30 related

Schedule J breakdown matched by us

Base

$0 + $451,327 related

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0 + $47,312 related

Filer's total

$0 + $498,639 related
Gerard H SweeneyGERARD H SWEENEY

Chairman

Total calculated

$0

Hours/week

1 + 1 related
Richard VagueRICHARD VAGUE

Secretary

Total calculated

$0

Hours/week

1 + 1 related
John J ConnorsJOHN J CONNORS

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related
Michael C FormanMICHAEL C FORMAN

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related
Thomas GravinaTHOMAS GRAVINA

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related
James L PaternoJAMES L PATERNO

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related
Jane ScaccettiJANE SCACCETTI

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related
Jamie S FieldJAMIE S FIELD

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related
Michelle HongMICHELLE HONG

DIRECTOR

Total calculated

$0

Hours/week

1 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART II:: THE COMPENSATION OF KEY INDIVIDUALS IS LISTED FOR INFORMATIONAL PURPOSES ONLY PURSUANT TO IRS RULES. PLEASE NOTE THAT CCDF DOES NOT PROVIDE FINANCIAL SUPPORT FOR WAGES AND BENEFITS PAID TO THE INDIVIDUALS NOTED WITHIN THIS REPORT. ALL WAGES AND BENEFITS ARE PAID BY CCDF'S AFFILIATE, CCD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

CENTER CITY DISTRICT

$401,648

Support of various programs including Homeless Outreach, Dilworth Park, Sister Cities, Plant Philadelphia and Viaduct Rail Park.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Center City District

Muni Author · SEE PART VII · PA

Directly controlled by NA

Provenance

Return type: form_990
Tax year: 2022
Filed: 25 October 2023
IRS schema version: 2022v5.0
Source object: 202303139349306255

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