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Nonprofiteer
← PARK CENTRAL DEVELOPMENT CORPORATION

Form 990 for tax year 2022

Filed by PARK CENTRAL DEVELOPMENT CORPORATION.

Totals

Total revenue
$979,742
Total expenses
$908,477
Contributions and grants received
$595,829
Grants paid
$0
Program service revenue
$268,968
Investment income
$812
Other revenue
$114,133
Total assets, end of year
$655,228
Total liabilities, end of year
$11,058
Net assets or fund balances, end of year
$644,170
Program services expenses (Part IX)
$557,901
Management and general expenses
$350,576
Fundraising expenses
$0
Program service expenses (Part III)
$557,901

Program services were 61.4% 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.

  • 1f · All other contributions, gifts and grants

    $595,829

  • 2a · Program service revenue: DEVELOPER PROJECTS

    total $268,968 · related or exempt $268,968

  • 3 · Investment income

    total $812 · related or exempt $812

  • 8a · Fundraising events: gross income

    $187,102

  • 8b · Fundraising events: direct expenses

    $88,289

  • 8c · Net income from fundraising events

    total $98,813 · excluded $98,813

  • 11a · Other revenue: MISCELLANEOUS

    total $15,320 · related or exempt $15,320

  • 11e · Other revenue, total

    $15,320

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $332,078 · program services $184,488 · management and general $147,590

  • 10 · Payroll taxes

    total $24,363 · program services $13,535 · management and general $10,828

  • 11g · Fees: other

    total $131,787 · program services $32,660 · management and general $99,127

  • 13 · Office expenses

    total $12,780 · management and general $12,780

  • 16 · Occupancy

    total $29,485 · management and general $29,485

  • 22 · Depreciation, depletion and amortization

    total $6,420 · management and general $6,420

  • 23 · Insurance

    total $37,702 · management and general $37,702

  • 24a · Other expenses: PROJECTS AND EVENTS

    total $285,038 · program services $285,038

  • 24b · Other expenses: PANDEMIC OUTREACH

    total $42,180 · program services $42,180

  • 24c · Other expenses: TELEPHONE

    total $6,644 · management and general $6,644

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $565,700 · end of year $630,026

  • 4 · Accounts receivable

    end of year $2

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,200 · end of year $5,200

  • 10a · Land, buildings and equipment: cost or other basis

    $56,657

  • 10b · Land, buildings and equipment: accumulated depreciation

    $36,657

  • 10c · Land, buildings and equipment, net

    beginning of year $15,588 · end of year $20,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $13,583 · end of year $11,058

  • 27 · Net assets without donor restrictions

    beginning of year $310,191 · end of year $377,462

  • 28 · Net assets with donor restrictions

    beginning of year $262,714 · end of year $266,708

Mission and programs · 2022

Mission

THE ORGANIZATION WAS FORMED TO PROMOTE THE SOCIAL WELFARE AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS AND BUSINESSES IN NEIGHBORHOODS IN THE CITY OF SAINT LOUIS, MO.

Activities or mission (Part I)

TO PROMOTE SOCIAL WELFARE AND IMPROVE QUALITY OF LIFE IN NEIGHBORHOODS IN THE CITY OF ST. LOUIS

  • THE ORGANIZATION WAS FORMED TO PROMOTE THE SOCIAL WELFARE AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS AND BUSINESSES IN NEIGHBORHOODS IN THE CITY OF SAINT LOUIS, MO.

    Expenses $557,901 · Revenue $285,100

As filed on the 2022 return.

Listed in Part VII

  • Brian Phillips

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Gerald Kirk

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Patrick Brown

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Phil Minden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brian Pratt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Yusef Scoggin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Guy Slay

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Hank Webber

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Aminah Wright

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Peggy Lents

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chauncey Nelson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Leslie Gill

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brian Davies

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
23 March 2023
IRS schema version
2022v5.0
Source object
202300899349301005

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