Public Charity

CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION, of PHILADELPHIA, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $249K in revenue, $274K in expenses, $481K in total assets. 2 publicly reported grants to this organization, totaling roughly $15K, appear in IRS filings.

EIN: 231583209 PHILADELPHIA, PA Arts & Humanities Councils & Agencies NTEE: A26 Latest filing: 2025
Total Revenue$249K
Total Expenses$274K
Total Assets$481K
Grant Records2
Funding Total$15K
Filing Years2020–2025

Mission

TO STRENGTHEN THE COMPETITIVENESS OF CENTER CITY PHILADELPHIA AS AN ATTRACTIVE PLACE TO WORK, TO VISIT, AND TO LIVE TO ENHANCE CENTER CITY AS THE VIBRANT HUB OF THE GREATER PHILADELPHIA REGION THROUGH RESEARCH, PLANNING, ADVOCACY, AND PRIVATE SECTOR LEADERSHIP AND VISION

Where $100 goes at Central Philadelphia Development Corporation

How Central Philadelphia Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$46 Programs the work itself
$41 Management running the organization
$13 Fundraising raising the next dollar

Inside the $46 for programs

$46
To support business and residential attraction and retention, cpdc disseminates its research data on business and employment trends, promotes the expansion of residential activity, dvocates for more competitive…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Aaron Graves
SECRETARY Ajamu Johnson
DIRECTOR Alan C Kessler Esq
DIRECTOR Andrew Coler
DIRECTOR Anne Papageorge
DIRECTOR Bradley A Krouse Esq

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$15,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $249K $274K $481K
2024 $243K $283K $494K
2023 $257K $222K $505K
2022 $258K $262K $327K
2020 $286K $211K $600K

Between 2020 and 2025, reported annual revenue declined from $286K to $249K (-13%), with total assets most recently reported at $481K.

Interactive year-over-year charts and full filing details available with membership.

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