Form 990 for tax year 2024

Filed by CENTER CITY DISTRICT FOUNDATION.

Totals

Total revenue: $3,640,895
Total expenses: $3,732,891
Contributions and grants received: $3,616,447
Grants paid: $964,196
Program service revenue: $24,230
Investment income: $218
Other revenue: $0
Total assets, end of year: $822,240
Total liabilities, end of year: $536,797
Net assets or fund balances, end of year: $285,443
Program services expenses (Part IX): $3,709,394
Management and general expenses: $23,497
Fundraising expenses: $0
Program service expenses (Part III): $3,709,394

Program services were 99.4% 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.

1a · Federated campaigns

$0
1b · Membership dues

$0
1c · Fundraising events

$0
1d · Related organizations

$393,075
1e · Government grants (contributions)

$0
1f · All other contributions, gifts and grants

$3,223,372
1g · Noncash contributions included above

$0
2a · Program service revenue: RENTAL INCOME (PARKS)

total $24,230 · related or exempt $24,230 · unrelated business $0 · excluded $0
2f · All other program service revenue

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
3 · Investment income

total $218 · related or exempt $0 · unrelated business $0 · excluded $218
4 · Income from investment of tax-exempt bond proceeds

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
5 · Royalties

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
6a · Gross rents

real property $0 · personal property $0
6b · Less rental expenses

real property $0 · personal property $0
6c · Rental income or loss

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

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
7a · Gross sales of assets other than inventory

securities $0 · other assets $0
7b · Less cost or other basis and sales expenses

securities $0 · other assets $0
7c · Gain or loss

securities $0 · other assets $0
7d · Net gain or loss

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
8a · Fundraising events: gross income

$0
8a · Fundraising events: contributions included on line 1c

$0
8b · Fundraising events: direct expenses

$0
8c · Net income from fundraising events

total $0 · unrelated business $0 · excluded $0
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
10a · Gross sales of inventory

$0
10b · Cost of goods sold

$0
10c · Net income from sales of inventory

total $0 · related or exempt $0 · unrelated business $0 · excluded $0
11e · Other revenue, total

$0

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $964,196 · program services $964,196
2 · Grants to domestic individuals

total $0 · program services $0
3 · Grants to foreign organizations and individuals

total $0 · program services $0
4 · Benefits paid to or for members

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

total $0 · program services $0 · management and general $0 · fundraising $0
6 · Compensation of disqualified persons

total $0 · program services $0 · management and general $0 · fundraising $0
7 · Other salaries and wages

total $0 · program services $0 · management and general $0 · fundraising $0
8 · Pension plan contributions

total $0 · program services $0 · management and general $0 · fundraising $0
9 · Other employee benefits

total $0 · program services $0 · management and general $0 · fundraising $0
10 · Payroll taxes

total $0 · program services $0 · management and general $0 · fundraising $0
11a · Fees: management

total $0 · program services $0 · management and general $0 · fundraising $0
11b · Fees: legal

total $0 · program services $0 · management and general $0 · fundraising $0
11c · Fees: accounting

total $0 · program services $0 · management and general $0 · fundraising $0
11d · Fees: lobbying

total $0 · program services $0 · management and general $0 · fundraising $0
11e · Fees: professional fundraising services

total $0 · fundraising $0
11f · Fees: investment management

total $0 · program services $0 · management and general $0 · fundraising $0
11g · Fees: other

total $2,545,027 · program services $2,545,016 · management and general $11 · fundraising $0
12 · Advertising and promotion

total $0 · program services $0 · management and general $0 · fundraising $0
13 · Office expenses

total $17,784 · program services $666 · management and general $17,118 · fundraising $0
14 · Information technology

total $5,818 · program services $100 · management and general $5,718 · fundraising $0
15 · Royalties

total $0 · program services $0 · management and general $0 · fundraising $0
16 · Occupancy

total $10,901 · program services $10,901 · management and general $0 · fundraising $0
17 · Travel

total $0 · program services $0 · management and general $0 · fundraising $0
18 · Travel or entertainment for public officials

total $0 · program services $0 · management and general $0 · fundraising $0
19 · Conferences, conventions and meetings

total $9,643 · program services $8,993 · management and general $650 · fundraising $0
20 · Interest

total $0 · program services $0 · management and general $0 · fundraising $0
21 · Payments to affiliates

total $0 · program services $0 · management and general $0 · fundraising $0
22 · Depreciation, depletion and amortization

total $18,551 · program services $18,551 · management and general $0 · fundraising $0
23 · Insurance

total $0 · program services $0 · management and general $0 · fundraising $0
24a · Other expenses: LANDSCAPING MAINTENANCE

total $160,971 · program services $160,971 · management and general $0 · fundraising $0
24e · All other expenses

total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $686,221 · end of year $1,071,677
2 · Savings and temporary cash investments

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

beginning of year $227,382 · end of year $137,877
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 $3,260 · end of year $2,954
10a · Land, buildings and equipment: cost or other basis

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

$70,315
10c · Land, buildings and equipment, net

beginning of year $171,770 · end of year $153,219
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 -$543,487
17 · Accounts payable and accrued expenses

beginning of year $108,413 · end of year $525,985
18 · Grants payable

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

beginning of year $2,150 · end of year $3,407
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 $600,631 · end of year $7,405
27 · Net assets without donor restrictions

beginning of year $233,313 · end of year $163,480
28 · Net assets with donor restrictions

beginning of year $144,126 · end of year $121,963

Mission and programs · 2024

Mission

PLANT PHILADELPHIA, PARK ENTERTAINMENT, DILWORTH LAWN, DILWORTH PLAZA, SISTER CITIES, BIKE PATROL, HOMELESS OUTREACH, BENCH PROGRAMS-GRANTS AND CONTRIBUTIONS RECEIVED BY CCDF ARE USED TO INITIATE, TEST, AND SUPPORT PUBLIC IMPROVEMENT INITIATIVES OF THE CCD, SUPPORT FUNDRAISING ACTIVITIES RELATING TO PARKS MANAGED BY THE CCD, RAISE FUNDS FOR CCD'S GREENING INITIATIVES (PLANT! PHILADELPHIA), AND TO INFORM THE PUBLIC ABOUT HOW TO REDUCE HOMELESSNESS IN CENTER CITY.

Activities or mission (Part I)

THE CENTER CITY DISTRICT FOUNDATION WAS ESTABLISHED AS THE CHARITABLE ARM OF THE CENTER CITY DISTRICT (CCD). GRANTS AND CONTRIBUTIONS ARE USED TO INITIATE, TEST, AND SUPPORT PUBLIC IMPROVEMENT INITIATIVES OF THE CCD, SUPPORT FUNDRAISING ACTIVITIES RELATING TO PARKS MANAGED BY THE CCD, RAISE FUNDS FOR CCD'S GREENING INITIATIVES (PLANT! PHILADELPHIA), AND TO INFORM THE PUBLIC ABOUT HOW TO REDUCE HOMELESSNESS IN CENTER CITY.

RAIL PARK PHASE II - IS DEDICATED TO THE TRANSFORMATION OF THE DEFUNCTANT BLIGHTED FORMER READING RAILROAD VIADUCT INTO A PUBLIC OPEN GREEN SPACE FOR THE USE OF BY WORKERS, RESIDENTS, AND VISITORS TO THE CENTER CITY PHILADELPHIA AREA. THE TRANSFORMATION OF THE DERELECT 4.5 ACRE ELEVATED READING RAIL ROAD VIADUCT IN PHILADELPHIA, RUNNING FROM 11TH & VINE STREETS TO 9TH & 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 $2,535,564 · Revenue $25,718,630
RECOVERY FUND - THE WORLDWIDE COVID PANDEMIC RESULTED IN SIGNIFICANT IMPACTS TO DAILY LIFE IN CENTER CITY PHILADELPHIA. TO ENHANCE THE EFFORTS OF THE CITY OF PHILADELPHIA AND CENTER CITY DISTRICT, THE CENTER CITY DISTRICT FOUNDATION (CCDF) FOCUSED SIGNIFICANT RESOURCES ON EFFORTS TO HELP THE CITY RECOVER FROM IT'S DEVASTATING EFFECTS. ACTIVITIES SUPPORTED BY CCDF INCLUDE: ENHANCED SECURITY PATROLS THROUGHOUT CENTER CITY PHILADELPHIA VIA ADDITIONAL FOOT PATROLS AND BIKE PATROLS TO ADDRESS CONCERNS OF BUSINESSES AND RESIDENTS REGARDING SAFETY OF THE DOWNTOWN AREA; SERVICES FOR HOMELESS INDIVIDUALS ON THE STREET TO ASSIST THEM WITH SHELTER, ADDITIONAL SERVICES AND THE LIKE; MARKETING EFFORTS TO BRING WORKERS BACK TO THE OFFICE INCLUDING PROMOTIONS AND ADS TOUTING THE BENEFITS OF CENTER CITY PHILADELPHIA; ACTIVITIES TO BRING PEOPLE INTO CENTER CITY AND RESEARCH TO HELP BUSINESSES NAVIGATE THE RETURN TO PROCESS, ALSO, CCDF HELPED FUND RECOVERY ACTIVITIES SUPPORTED BY OTHER ORGANIZATIONS AS WELL, WHICH FOCUSED ON SAFETY, SECURITY AND PROMOTING CENTER CITY RETURN TO WORK.

Expenses $433,400 · Revenue $433,400
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 AM TO 5:00 PM, 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 $122,707 · Revenue $24,230
OTHER PROGRAM SERVICES (DESCRIBED ON SCHEDULE O)PLANT PHILADELPHIA, PARK ENTERTAINMENT, DILWORTH LAWN, DILWORTH PLAZA, SISTER CITIES, BIKE PATROL, HOMELESS OUTREACH, BENCH PROGRAM -GRANTS AND CONTRIBUTIONS RECEIVED BY CCDF ARE USED TO INITIATE, TEST, AND SUPPORT PUBLIC IMPROVEMENT INITIATIVES OF THE CCD, SUPPORT FUNDRAISING ACTIVITIES RELATING TO PARKS MANAGED BY THE CCD,RAISE FUNDS FOR CCD'S GREENING INITIATIVES (PLANT! PHILADELPHIA), AND TO INFORM THE PUBLIC ABOUT HOW TO REDUCE HOMELESSNESS IN CENTER CITY.

Expenses $617,723 · Grants $530,796 · Revenue $218,327

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Prema GuptaPREMA GUPTA

EX OFFICIO/EXECUTIVE DIRECTOR

Total calculated

$323,057

From this org

$0

From related orgs

$305,769

Other

$17,288

Hours/week

10 + 30 related

Schedule J breakdown matched by us

Base

$0 + $305,769 related

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0 + $17,288 related

Filer's total

$0 + $323,057 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
Jaime S FieldJAIME 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

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

$964,196

FUNDS WERE TRANSFERRED DIRECTLY TO CENTER CITY DISTRICT DURING 2024 IN LIEU OF EXPENDITURES INCURRED FOR VARIOUS PROGRAMS AND PROJECTS. MONIES TRANSFERRED TO CENTER CITY DISTRICT ORIGINATED FROM CONTRIBUTIONS AND GRANTS THE FOUNDATION ORIGINALLY RECEIVED IN SUPPORT OF SUCH PROGRAMS ANDPROJECTS. THE AMOUNTS TRANSFERRED IN 2024 WERE BASED ON A COMBINATION OF FUNDS THE FOUNDATION HAD RECEIVED AS WELL AS PROGRAM REVENUE AND EXPENDITURES THAT HAD BEEN INCURRED BY THE CENTER CITY DISTRICT.

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

MUNICIPAL AUTHORITY · MAKE CENTER CITY PHILADELPHIA CLEAN, SAFE AND ATTRACTIVE. · PA

Provenance

Return type: form_990
Tax year: 2024
Filed: 17 November 2025
IRS schema version: 2024v5.0
Source object: 202513219349320291

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