Community Preservation Development Corporation
Fiscal year ending 2023. Filed on November 13, 2024.
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 2023 IRS Form 990 filing, Community Preservation Development Corporation, a 501(c)(3) charitable organization, reported compensation for 12 employees. Among the employees shown here, the average compensation is $419,717. The highest compensated employee at Community Preservation Development Corporation is Brian P McLaughlin with fiscal year 2023 compensation of $860,637.
Revenue, expenses, and employee compensation
Revenue
Expenses
Employee compensation
Reported Compensated Employees
Non-Employee Board Members
No board members were reported during this fiscal year.
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.
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