Totals
- Total revenue
- $8,262,281
- Total expenses
- $8,280,492
- Contributions and grants received
- $0
- Grants paid
- $3,889,050
- Program service revenue
- $6,465,770
- Investment income
- $1,796,511
- Other revenue
- $0
- Total assets, end of year
- $90,197,930
- Total liabilities, end of year
- $85,964,269
- Net assets or fund balances, end of year
- $4,233,661
- Program services expenses (Part IX)
- $8,238,161
- Management and general expenses
- $42,331
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $8,238,161
Program services were 99.5% 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.
-
2a · Program service revenue: RENTAL INCOME
total $3,719,435 · related or exempt $3,719,435
-
2b · Program service revenue: CAPITAL LEASE INTEREST
total $1,573,522 · related or exempt $1,573,522
-
2c · Program service revenue: DEVELOPER'S FEES
total $1,172,813 · related or exempt $1,172,813
-
7a · Gross sales of assets other than inventory
securities $17,142,444
-
7b · Less cost or other basis and sales expenses
securities $15,345,933
-
7c · Gain or loss
securities $1,796,511
-
7d · Net gain or loss
total $1,796,511 · excluded $1,796,511
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,889,050 · program services $3,889,050
-
11b · Fees: legal
total $6,657 · program services $4,327 · management and general $2,330
-
11g · Fees: other
total $15,000 · program services $9,750 · management and general $5,250
-
13 · Office expenses
total $2,082 · program services $21 · management and general $2,061
-
16 · Occupancy
total $183,700 · program services $183,700
-
20 · Interest
total $2,864,908 · program services $2,864,908
-
22 · Depreciation, depletion and amortization
total $1,221,140 · program services $1,208,929 · management and general $12,211
-
23 · Insurance
total $76,403 · program services $57,302 · management and general $19,101
-
24a · Other expenses: LOAN FEES
total $78,607 · program services $78,607
-
24b · Other expenses: TAXES
total $8,086 · program services $8,086
-
24c · Other expenses: REPRESENTATION FEE
total $6,890 · program services $5,512 · management and general $1,378
-
24d · Other expenses: PREDEVELOPMENT
total -$72,031 · program services -$72,031
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,380,985 · end of year $3,719,724
-
4 · Accounts receivable
beginning of year $723,425 · end of year $616,883
-
7 · Other notes and loans receivable
end of year $100,000
-
10a · Land, buildings and equipment: cost or other basis
$60,121,385
-
10b · Land, buildings and equipment: accumulated depreciation
$3,945,856
-
10c · Land, buildings and equipment, net
beginning of year $62,567,087 · end of year $56,175,529
-
15 · Other assets
beginning of year $18,915,588 · end of year $29,585,794
-
17 · Accounts payable and accrued expenses
beginning of year $4,301,642 · end of year $2,691,245
-
19 · Deferred revenue
beginning of year $38,987 · end of year $1,020,445
-
23 · Secured mortgages and notes payable
beginning of year $80,781,826 · end of year $78,878,110
-
25 · Other liabilities
beginning of year $1,860,936 · end of year $3,374,469
-
27 · Net assets without donor restrictions
beginning of year $4,603,694 · end of year $4,233,661
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
PROVIDING REAL ESTATE DEVELOPMENT SERVICES TO PUBLIC CHARTER SCHOOLS.
-
PROVIDING REAL ESTATE DEVELOPMENT SERVICES TO PUBLIC CHARTER SCHOOLS.
Expenses $8,238,161 · Grants $3,889,050 · Revenue $6,465,770
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Michael CurranMICHAEL CURRAN
CHAIR
- Total calculated
- $17,525
- From this org
- $0
- From related orgs
- $17,525
- Other
- $0
- Hours/week
- 2 + 4 related
-
Ember Reichgott JungeEMBER REICHGOTT JUNGE
VICE CHAIR
- Total calculated
- $14,150
- From this org
- $0
- From related orgs
- $14,150
- Other
- $0
- Hours/week
- 2 + 4 related
-
Jim GoennerJIM GOENNER
DIRECTOR & TREASURER
- Total calculated
- $7,900
- From this org
- $0
- From related orgs
- $7,900
- Other
- $0
- Hours/week
- 2 + 4 related
-
Jay HromatkaJAY HROMATKA
DIRECTOR
- Total calculated
- $11,500
- From this org
- $0
- From related orgs
- $11,500
- Other
- $0
- Hours/week
- 2 + 4 related
-
Tom NidaTOM NIDA
DIRECTOR
- Total calculated
- $12,650
- From this org
- $0
- From related orgs
- $12,650
- Other
- $0
- Hours/week
- 2 + 2 related
-
Joseph KeeneyJOSEPH KEENEY
DIRECTOR
- Total calculated
- $11,500
- From this org
- $0
- From related orgs
- $11,500
- Other
- $0
- Hours/week
- 2 + 2 related
-
Laura FiemannLAURA FIEMANN
SENIOR VICE PRESIDENT
- Total calculated
- $395,064
- From this org
- $0
- From related orgs
- $337,566
- Other
- $57,498
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $267,583 related
- Bonus
- $0 + $69,983 related
- Other
- $0
- Deferred
- $0 + $26,400 related
- Nontaxable benefits
- $0 + $31,098 related
- Filer's total
- $0 + $395,064 related
-
Annette HighANNETTE HIGH
FINANCIAL CONTROLLER (OUTGOING)
- Total calculated
- $216,715
- From this org
- $0
- From related orgs
- $177,689
- Other
- $39,026
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $132,356 related
- Bonus
- $0 + $45,333 related
- Other
- $0
- Deferred
- $0 + $10,588 related
- Nontaxable benefits
- $0 + $28,438 related
- Filer's total
- $0 + $216,715 related
-
Michelle ProsperiMICHELLE PROSPERI
CHIEF OPERATING OFFICER
- Total calculated
- $417,771
- From this org
- $0
- From related orgs
- $362,166
- Other
- $55,605
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $287,083 related
- Bonus
- $0 + $75,083 related
- Other
- $0
- Deferred
- $0 + $18,500 related
- Nontaxable benefits
- $0 + $37,105 related
- Filer's total
- $0 + $417,771 related
-
Rebecca SalvoREBECCA SALVO
SENIOR VICE PRESIDENT
- Total calculated
- $260,824
- From this org
- $0
- From related orgs
- $230,284
- Other
- $30,540
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $182,542 related
- Bonus
- $0 + $47,742 related
- Other
- $0
- Deferred
- $0 + $18,423 related
- Nontaxable benefits
- $0 + $12,117 related
- Filer's total
- $0 + $260,824 related
-
Mark ZeizelMARK ZEIZEL
VICE PRESIDENT
- Total calculated
- $261,176
- From this org
- $0
- From related orgs
- $218,666
- Other
- $42,510
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $173,333 related
- Bonus
- $0 + $45,333 related
- Other
- $0
- Deferred
- $0 + $12,267 related
- Nontaxable benefits
- $0 + $30,243 related
- Filer's total
- $0 + $261,176 related
-
Alan WashingtonALAN WASHINGTON
PRESIDENT/CEO
- Total calculated
- $483,015
- From this org
- $0
- From related orgs
- $454,213
- Other
- $28,802
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $435,000 related
- Bonus
- $0 + $19,213 related
- Other
- $0
- Deferred
- $0 + $18,850 related
- Nontaxable benefits
- $0 + $9,952 related
- Filer's total
- $0 + $483,015 related
-
Glenn KleinGLENN KLEIN
FINANCIAL CONTROLLER (INCOMING)
- Total calculated
- $55,706
- From this org
- $0
- From related orgs
- $51,583
- Other
- $4,123
- Hours/week
- 1 + 41 related
-
Shanta BaconSHANTA BACON
SENIOR PROJECT ACCOUNTANT
- Total calculated
- $164,754
- From this org
- $0
- From related orgs
- $125,600
- Other
- $39,154
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $110,933 related
- Bonus
- $0 + $14,667 related
- Other
- $0
- Deferred
- $0 + $10,048 related
- Nontaxable benefits
- $0 + $29,106 related
- Filer's total
- $0 + $164,754 related
-
Timothy BehrensTIMOTHY BEHRENS
PREDEVELOPMENT & SUSTAINABILITY MGR.
- Total calculated
- $137,241
- From this org
- $0
- From related orgs
- $106,617
- Other
- $30,624
- Hours/week
- 1 + 41 related
-
Michele CerwinMICHELE CERWIN
CHIEF OF STAFF
- Total calculated
- $333,045
- From this org
- $0
- From related orgs
- $295,167
- Other
- $37,878
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $230,000 related
- Bonus
- $0 + $65,167 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $37,878 related
- Filer's total
- $0 + $333,045 related
-
Brittany KozlewskiBRITTANY KOZLEWSKI
BUSINESS ANALYST
- Total calculated
- $132,106
- From this org
- $0
- From related orgs
- $114,183
- Other
- $17,923
- Hours/week
- 1 + 41 related
-
Tyler PlattTYLER PLATT
PROJECT ACCOUNTING MANAGER
- Total calculated
- $137,568
- From this org
- $0
- From related orgs
- $104,300
- Other
- $33,268
- Hours/week
- 1 + 41 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)
- PART I, LINE 3
- THE PROCESS FOR DETERMINING THE COMPENSATION FOR THE PRESIDENT/CEO, OTHER MANAGEMENT PERSONNEL AND KEY EMPLOYEES INCLUDES AN ANALYSIS OF COMPARABLE DATA FOR SIMILAR SIZED NON-PROFIT ORGANIZATIONS WORKING IN THE SAME GENERAL FIELD OBTAINED VIA A SALARY SURVEY OF WASHINGTON, D.C. BASED NONPROFITS AND A PUBLIC RECORDS SEARCH OF FORM 990S. COMPENSATION OF EXECUTIVE STAFF IS DETERMINED BASED ON THIS COMPARABLE DATA, PREVIOUS LEVEL OF APPLICABLE WORK EXPERIENCE AND ANNUAL PERFORMANCE REVIEWS. ONLY THE PRESIDENT AND CEO'S COMPENSATION IS SUBJECT TO BOARD APPROVAL.
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
-
CHARTER SCHOOLS DEVELOPMENT CORPORATION
$3,889,050
GENERAL OPERATIONS
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.
-
CHARTER SCHOOLS DEVELOPMENT CORPORATION
501(C)(3) · FINANCING, DEVELOPMENT AND MANAGEMENT OF CHARTER SCHOOL FACILITIES · DC
-
501(C)(3) · FINANCING, DEVELOPMENT AND MANAGEMENT OF CHARTER SCHOOL FACILITIES · DC
Directly controlled by CHARTER SCHOOLS DEVELOPMENT CORPORATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
CROSSROADS MASTER TENANT
REAL ESTATE AND LOAN FINANCING · DE · income $60,765 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CROSSROADS QALICB
REAL ESTATE AND LOAN FINANCING · DE · income $800,873 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC ANDREWS AFB LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC ARIZONA AUTISM LLC
REAL ESTATE AND LOAN FINANCING · DE · income $227,783 · assets $4,023,230
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC ARTS & SCIENCES LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC COPERNI 3 LLC
REAL ESTATE AND LOAN FINANCING · DE · income $630,536 · assets $5,664,324
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC CREATE ACADEMY LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC DSA LLC
REAL ESTATE AND LOAN FINANCING · DE · income $299,448 · assets $3,027,810
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC EDISON LLC
REAL ESTATE AND LOAN FINANCING · DE · income $196,207 · assets $8,863,572
Directly controlled by CSDC PROPERTY CORP
-
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC FLAGSTAFF JUNIOR ACADEMY LLC
REAL ESTATE AND LOAN FINANCING · DE · income $154,588 · assets $3,583,205
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC FOUNDERS ACADEMY LLC
REAL ESTATE AND LOAN FINANCING · DE · income $189,441 · assets $1,806,763
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC GILBERT SENA LLC
REAL ESTATE AND LOAN FINANCING · DE · income $133,657 · assets $1,825,852
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC GLEN CANYON LLC
REAL ESTATE AND LOAN FINANCING · DE · income $201,846 · assets $2,348,818
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC INTREPID LLC
REAL ESTATE AND LOAN FINANCING · DE · income $1,070,746 · assets $628
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC JHS LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC MONARCH LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC MOSAIC LLC
REAL ESTATE AND LOAN FINANCING · DE · income $166,993 · assets $2,732,922
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC NAS LLC
REAL ESTATE AND LOAN FINANCING · DE · income $99,120 · assets $1,326,134
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC PHOENIX MODERN LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC PILOTED LLC
REAL ESTATE AND LOAN FINANCING · DE · income $279,321 · assets $26,271
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC PLA LLC
REAL ESTATE AND LOAN FINANCING · DE · income $487,947 · assets $5,443,247
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC PROMESA LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC PROSPECT LLC
REAL ESTATE AND LOAN FINANCING · DE · income $248,426 · assets $6,068,941
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC SAN ANTONIO PREP LLC
REAL ESTATE AND LOAN FINANCING · DE · income $90,477 · assets $6,786,806
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC SD GILBERT LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC SELF-DEVELOPMENT LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC TECH LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $3,514,596
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC TIERRA ENCANTADA LLC
REAL ESTATE AND LOAN FINANCING · DE · income $307,774 · assets $3,881,642
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC TMS LLC
REAL ESTATE AND LOAN FINANCING · DE · income $577,093 · assets $8,148,884
Directly controlled by CSDC PROPERTY CORP
-
CSDCPC VEGA LLC
REAL ESTATE AND LOAN FINANCING · DE · income $0 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
MCCURDY MASTER TENANT
REAL ESTATE AND LOAN FINANCING · DE · income $613,743 · assets $0
Directly controlled by CSDC PROPERTY CORP
-
MCCURDY QALICB
REAL ESTATE AND LOAN FINANCING · DE · income $1,237,319 · assets $8,084,166
Directly controlled by CSDC PROPERTY CORP
-
NORTH LAMB QALICB
REAL ESTATE AND LOAN FINANCING · DE · income $768,833 · assets $8,910,787
Directly controlled by CSDC PROPERTY CORP
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443049349301644
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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