Community Partnership Development Corporation
Community Partnership Development Corporation
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About this organization
Mission
Community Partnership Development Corp. is a local development corporation for New York City.
About
CPDC is a not-for-profit local development corporation incorporated in the state of New York. It is a certified community development financial institution ('CDFI'). CPDC administers loans to help cover certain development costs incurred in developing housing on various sites located throughout New York City. CPDC administers the CPDC New York City Department of Housing Preservation and Development (HPD)/Urban Development Action Grant (UDAG) loan fund to help small, minority owned and women owned builders cover development and predevelopment costs, its own seed loan fund and seed loans from the New York State Division of Housing and Community Renewal ('DHCR') to support the predevelopment work of housing sites. In 2009, CPDC was designated a community housing development organization ('CHDO'). This designation enables it to access funding through the Division of Housing and Community Renewal. These funds flow through CPDC as intermediary to designated organizations.
Interesting data from their 2019 990 filing
The non-profit's mission is outlined in the filing as being “The organization's mission is to lessen the burden of the government, act in the public interest and to promote and provide for additional and maximum employment, thereby bettering and maintaining job opportunities and relieving and reducing unemployment.”.
When outlining its responsibilities, they were referred to as: “Community partnership developement corp. is a local development corporation for new york city.”.
- The state in which the non-profit operates has been officially reported as NY.
- The filing reveals the non-profit's address in 2019 to be 242 WEST 36TH STREET, NEW YORK, NY, 10018.
- As per the non-profit's form for 2019, they have 0 employees on their payroll.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is less than $100,000.
- Revenue less expenses is $59,220.
- The organization has 8 independent voting members.
- The organization was formed in 1989.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.