Community Preservation Development Corporation

Fiscal year ending 2019. Filed on September 18, 2020.

8403 Colesville Road No 1150
Silver Spring, Maryland 20910

Community Preservation Development Corporation (EIN: 52-1662186) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2019 IRS Form 990 filing, Community Preservation Development Corporation, a 501(c)(3) charitable organization, reported compensation for 18 out of 69 total employees. Among the employees shown here, the average compensation is $399,255. The highest compensated employee at Community Preservation Development Corporation is Charles Werhane with fiscal year 2019 compensation of $1,475,016.

Revenue, expenses, and employee compensation

Revenue

$5,513,629

Expenses

$7,188,057

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Mission Statement

CPDC'S EXEMPT PURPOSE IS TO CREATE AND PRESERVE FINANCIALLY SOUND, SOCIALLY RESPONSIBLE, DECENT, SAFE AND AFFORDABLE RENTAL HOUSING FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES, INCLUDING EFFORTS TO EXPAND THE AVAILABILITY OF, AND ACCESS TO RENEWABLE ENERGY SOURCES AT AFFORDABLE HOUSING DEVELOPMENTS OWNS, CONTROLS, OR MANAGES. CPDC SPONSORS THE ACQUISITION, DEVELOPMENT AND OWNERSHIP OF RENTAL COMMUNITIES; AND COORDINATES AND DEVELOPS SITE-BASED RESIDENT SERVICES THAT PROMOTE INDIVIDUAL GROWTH AND COMMUNITY DEVELOPMENT THROUGH NETWORKS OF RESIDENTS, PRIVATE SECTOR INSTITUTIONS, NONPROFIT ORGANIZATIONS, AND LOCAL AND FEDERAL GOVERNMENT AGENCIES TO CREATE STRATEGIC ALLIANCES. THESE ALLIANCES RESULT IN PROGRAMS THAT PROVIDE CPDC RESIDENTS AND MEMBERS OF SURROUNDING COMMUNITIES WITH THE RESOURCES AND TOOLS THEY NEED TO BRING ABOUT DYNAMIC CHANGE AT THE PERSONAL AND COMMUNITY LEVEL.

Revisions to this organization profile

November 4, 2025:
2024 Community Preservation Development Corporation 990 filed
November 13, 2024:
2023 Community Preservation Development Corporation 990 filed
November 15, 2023:
2022 Community Preservation Development Corporation 990 filed

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