Fiscal year ending 2021. Filed on November 11, 2022.
8403 Colesville Road 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 2021 IRS Form 990 filing, Community Preservation Development Corporation, a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $427,568. The highest compensated employee at Community Preservation Development Corporation is Stephanie Shack with fiscal year 2021 compensation of $668,806.
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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.
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