2024-05-14T09:38:51-05:00 2023-06-30 WITHUMSMITHBROWN PC 1835 MARKET STREET SUITE 1710 PHILADELPHIA PA 191032945 990 2022-07-01 222610536 New Kensington Community Development Corp % THE ORGANIZATION NEWK 2154270350 2771 Ruth Street Suite 1 Philadelphia PA 19134 WILLIAM MCKINNEY EXECUTIVE DIRECTOR 2154270350 2024-05-15 true WILLIAM MCKINNEY 999009999 ERIC M STRAUSS P00991844 2155462140 2 2022 2023-04-26 12:10:37Z WILLIAM MCKINNEY 2771 Ruth Street Suite 1 Philadelphia PA 19134 3943941 false X NKCDC.ORG X 1985 PA SEE SCHEDULE O 16 16 0 16 0 3823317 3835322 75600 64780 -123050 17036 13821 26803 3789688 3943941 0 226374 0 0 2359813 2643709 0 0 0 1562312 1704981 3922125 4575064 -132437 -631123 10732442 10006839 3465670 3503627 7266772 6503212 X STRENGTHENING THE PHYSICAL, SOCIAL AND ECONOMIC FABRIC OF THE COMMUNITY BY BEING A CATALYST FOR SUSTAINABLE DEVELOPMENT AND COMMUNITY BUILDING. false false 3774334 226374 91583 New Kensington Community Development Corporation (NKCDC) is a different kind of nonprofit. We are community-driven, trauma-informed, and equity-focused. We provide a wide range of services-real estate development, housing counseling, small business assistance, corridor cleaning, workforce development, nutrition education, community health resources-to residents and businesses across the Kensington, Port Richmond, and Fishtown neighborhoods of Philadelphia. (See Schedule O for details) 3774334 true true false false false false false false false false true false true false true true true false false false false false false false false false false true true false false false false false false false false false false false false false false true false false false true 83 0 true 0 true false false false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true false false PA X THE ORGANIZATION 2154270350 2771 RUTH STREET SUITE 1 PHILADELPHIA PA 19134 WILLIAM MCKINNEY EXECUTIVE DIRECTOR 40.0 0.0 X 116059 0 7911 FRANK IANNUZZI PRESIDENT 2.0 0.0 X X 0 0 0 Ralph Whitfield Vice President 2.0 0.0 X X 0 0 0 Deborah McColloch Treasurer 2.0 0.0 X X 0 0 0 Michael Alles Secretary 2.0 0.0 X X 0 0 0 KEIKO TSURUTA CRAMER Board Member 2.0 0.0 X 0 0 0 CAITLIN SHULER ESQ Board Member 2.0 0.0 X 0 0 0 Michael Acciani BOARD MEMBER 2.0 0.0 X 0 0 0 Luis Gonzalez BOARD MEMBER 2.0 0.0 X 0 0 0 Reverend Richard Harris BOARD MEMBER 2.0 0.0 X 0 0 0 Carlos Masip BOARD MEMBER 2.0 0.0 X 0 0 0 WILLIAM PACE MD BOARD MEMBER 2.0 0.0 X 0 0 0 Angel Rosa BOARD MEMBER 2.0 0.0 X 0 0 0 Sandy Salzman BOARD MEMBER 2.0 0.0 X 0 0 0 Wes Willison BOARD MEMBER 2.0 0.0 X 0 0 0 Richard Freeh BOARD MEMBER 2.0 0.0 X 0 0 0 Kayla Akpan BOARD MEMBER 2.0 0.0 X 0 0 0 116059 0 7911 1 false false false 0 150 2451309 1383863 3835322 RENTAL INCOME 533110 54632 54632 PROGRAM FEE INCOME 531390 10148 10148 64780 17036 17036 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 OTHER INCOME 900099 26803 26803 26803 3943941 91583 17036 X 182687 182687 43687 43687 0 0 0 0 2168667 2049225 119442 11191 7880 3311 284566 200372 84194 179285 126240 53045 0 1566 1566 78166 4623 73543 0 0 0 714620 497735 216885 0 217998 92633 125365 18948 8578 10370 0 176176 153842 22334 47531 40031 7500 0 0 37431 24702 12729 0 76322 37605 38717 58904 25609 33295 PROGRAM EXPENSES 277319 277319 4575064 3774334 800730 0 X 845313 754544 1462973 1135847 235828 235828 1173158 607159 0 0 0 0 2457609 2457609 900193 1063388 19215 18304 2989406 814045 2095669 2175361 441385 457695 0 0 800478 800478 0 0 300621 300626 10732442 10006839 311792 304289 0 0 0 0 0 0 0 0 0 0 3099357 3144817 0 0 54521 54521 3465670 3503627 X 6492312 6503212 774460 0 7266772 6503212 10732442 10006839 -631123 -132437 X false true X true true true X 2405022 2956117 3742447 3823317 3835322 16762225 0 0 2405022 2956117 3742447 3823317 3835322 16762225 0 16762225 67258 52750 44601 0 17036 181645 0 0 0 0 13821 26803 40624 16984494 140380 0.98691 0.98440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 218857 218857 2102864 729312 1373552 63217 63217 0 604468 21516 582952 2175361 .01% INTEREST IN LIHTC PARTNER 800478 C 800478 0 RESERVES 50000 RENTAL DEPOSIT 4521 54521 X FORM 990, PART X, LINE 2: NEW KENSINGTON COMMUNITY DEVELOPMENT CORPORATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR FEDERAL INCOME TAXES. NEW KENSINGTON COMMUNITY DEVELOPMENT CORPORATION HAS NO UNCERTAIN TAX POSITIONS AT JUNE 30, 2023 AND 2022. IN ADDITION, NKCDC HAD NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE YEARS REPORTED IN THESE FINANCIAL STATEMENTS. true David Lopez & Company 1617 JFK Blvd philadelphia PA 19103 450508612 7076 Tech Assistance Health Management Associates 120 N Washington Sq Lansing MI 48933 382599727 36211 CHW Training Innovech 4 Calvary Drive Horsham PA 19044 854044702 7615 program workshops Rebuilding Together Philly 3001 Stokley St philadelphia PA 19129 232549594 17500 Housing Thomas Jefferson University Hospital 1101 Market St philadelphia PA 19107 999999999 27954 CHW Training Rental assistance 100 43687 FORM 990, PART I, LINE 1: NKCDC DRAWS ON THE STRENGTHS OF THE COMMUNITY TO EMPOWER RESIDENTS AND PROMOTE RESIDENT DRIVEN DEVELOPMENT. WHILE STRATEGIES HAVE SHIFTED SINCE 1985, NKCDC HAS DEVELOPED INTO A COMMUNITY DEVELOPMENT CORPORATION WITH A MULTIFACETED APPROACH TO NEIGHBORHOOD REVITALIZATION. AS JUST ONE OF A TEAM OF PLAYERS IN THESE COMMUNITIES, THESE COMBINED EFFORTS HAVE HAD GREAT IMPACTS ON NEIGHBORHOOD DEVELOPMENT. NKCDC AIMS TO EMPOWER RESIDENTS THROUGH AN ACTIVE, INFORMED AND SELF-SUFFICIENT CITIZENTRY. EACH YEAR NKCDC SERVES MORE THAN 30,000 LOW AND MODERATE INCOME FAMILIES AND 60,000 RESIDENTS. THROUGH ECONOMIC DEVELOPMENT, REAL ESTATE DEVELOPMENT, LAND USE MANAGEMENT, HOUSING COUNSELING, AND COMMUNITY ORGANIZING, NKCDC SERVES AS A CATALYST TO STRENGTHEN THE PHYSICAL, SOCIAL AND ECONOMIC FABRIC OF THE COMMUNITY. FORM 990, PART III, LINE 4A: ECONOMIC DEVELOPMENT NKCDC SEEKS TO FURTHER LOCAL BUSINESS DEVELOPMENT IN ORDER TO CREATE JOBS AND COMMUNITY WEALTH. WE ASSIST START UP AND EXISTING BUSINESSES, MAINTAIN AN INVENTORY OF AVAILABLE PROPERTY, HELP LOCAL ENTREPRENEURS IDENTIFY AND OBTAIN SERVICES AND FUNDS TO HELP THEIR BUSINESSES GROW, AND WORK WITH THE ARTS AS A VEHICLE FOR ECONOMIC STIMULATION. HOUSING COUNSELING NKCDC WORKS TO EXPAND HOMEOWNERSHIP OPPORTUNITIES FOR WORKING FAMILIES. SINCE 1985, NKCDC HAS HELPED MORE THAN 4000 LOW AND MODERATE INCOME FAMILIES PURCHASE THEIR FIRST HOMES. WE OFFER HOMEBUYER WORKSHOPS AND WORK CLOSELY WITH THE CITY AND STATE OFFICIALS TO OFFER WEATHERIZATION EDUCATION AND OTHER FORMS OF ENERGY ASSISTANCE. FINANCIAL LITERACY, PERSONAL BUDGETING MENTORING, AND FORECLOSURE PREVENTION ASSISTANCE IS ALSO AVAILABLE. COMMUNITY ORGANIZING THROUGH INTERACTION WITH CITY AND STATE GOVERNMENT, NKCDC GIVES VOICE TO RESIDENT CONCERNS. THE NEW KENSINGTON NEIGHBORHOOD ADVISORY COMMITTEE (NAC) WORKS CLOSELY WITH THE COMMUNITY TO ORGANIZE AND MOBILIZE RESIDENTS. QUARTERLY COMMUNITY FORUMS HELP DISSEMINATE INFORMATION AND ADDRESS NEIGHBORHOOD ISSUES, EMPOWERING RESIDENTS INVOLVED IN 19125 AND 19134 ZIP CODES. REAL ESTATE DEVELOPMENT NKCDC BRINGS LIFE TO ABANDONED BUILDINGS BY PROVIDING AFFORDABLE HOUSING TO FIRST-TIME HOMEBUYERS, CONVERTING OLD FACTORIES TO NEW USES, AND COLLABORATING WITH THE CITY, STATE AND FEDERAL AGENCIES ON BROWNFIELD REDEVELOPMENT LAND USE MANAGEMENT NKCDC CREATES CLEAN AND GREEN OPEN SPACES, ORGANIZES VOLUNTEER GREENING PROJECTS AND TREE PLANTINGS, AND STABILIZES AND MAINTAINS VACANT LOT. PLANNING WORKING CLOSELY WITH THE COMMUNITY, NKCDC ASSISTS RESIDENTS AND BUSINESSES IN CREATING NEIGHBORHOOD PLANS THAT HELP GUIDE FUTURE DEVELOPMENT. THESE PLANS ULTIMATELY SERVE AS VEHICLES FOR COLLABORATION BETWEEN THE COMMUNITY, THE CITY, AND DEVELOPERS AS WELL AS LEVERAGE FUNDING FOR THESE PROJECTS. HEALTH AND WELLNESS NKCDC OFFERS EMPLOYEES AFFORDABLE HMO HEALTH COVERAGE WHICH INCLUDES A PROGRAM THAT GIVES EMPLOYEES COST-FREE ACCESS TO A WIDE VARIETY OF MEDICAL SERVICES FOR FREE INCLUDING MENTAL HEALTH SERVICES. IN ADDITION, THE ORGANIZATION OFFERS DENTAL, VISION, AND FSA, DSA BENEFITS. NKCDC ALSO OFFERS VARIOUS TRAININGS AND WORKSHOPS THROUGHOUT THE YEAR FOR EMPLOYEES FREE OF CHARGE RELATING TO MENTAL HEALTH. FORM 990, PART VI, LINE 11B: THE 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, LINE 12C: ALL BOARD MEMBERS AND EMPLOYEES ARE REVIEWED AND MONITORED ON AN ANNUAL BASIS. BOARD MEMBERS ARE REQUIRED TO SIGN ANNUAL CONFLICT OF INTEREST FORM. DUE TO THE LIMITED NUMBER OF EMPLOYEES THESE ACTIVITIES CAN CURRENTLY BE MONITORED AND EVALUATED ON A CASE-BY-CASE BASIS. FORM 990, PART VI, LINE 15A: THE BOARD OF DIRECTORS IS CHARGED WITH THE RESPONSIBILITY OF APPROVING COMPENSATION OF THE EXECUTIVE DIRECTOR. THEY REVIEW DATA ON THE COMPENSATION OF OTHER COMPARABLE POSITIONS IN SIMILAR NONPROFIT ORGANIZATIONS. FORM 990, PART VI, LINE 19: ON GUIDESTAR WEBSITE AND AVAILABLE UPON REQUEST FORM 990 PART IX LINE 11G DESCRIPTION:ARCHITECT FEES TOTAL FEES:318637 FORM 990 PART IX LINE 11G DESCRIPTION:ENVIRONMENTAL FEES TOTAL FEES:26363 FORM 990 PART IX LINE 11G DESCRIPTION:ENGINEERING FEES TOTAL FEES:33129 FORM 990 PART IX LINE 11G DESCRIPTION:APPLICATION FEES TOTAL FEES:112827 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING FEES TOTAL FEES:160353 FORM 990 PART IX LINE 11G DESCRIPTION:HR CONSULTING FEES TOTAL FEES:51666 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:11645 CORAL HAGERT ST LP 2771 RUTH STREET PHILADELPHIA PA 19134 810573786 HOUSING ASSISTANC PA CORAL HAGERT IN false false 0.00000 ORINOKA MILLS LP 2771 RUTH STREET PHILADELPHIA PA 19134 471626598 HOUSING ASSISTANC PA RUTH & SOMERSET false false 0.00000 CORAL HAGERT ST INC 2771 RUTH STREET PHILADELPHIA PA 19134 481275919 HOUSING ASSISTANC PA na c 1.00000 true RUTH AND SOMERSET DEVELOPMENT CORP 2771 RUTH STREET PHILADELPHIA PA 19134 471198223 HOUSING ASSISTANC PA NA C 1.00000 true false false false true false false false false false false false true false false false false false false false CORAL HAGERT STREET LP D 24730 CASH ORINOKA MILLS LP D 2332879 CASH