Community Partnership Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
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.
- Income
- $94,245
- Spending
- $74,181
- Spent on programs
- 88%
- Reserves
- Over 10 years of spending
- Largest source of income
- fees for its services, 66%
- Employees
- 0
- Volunteers
- 6
- Highest pay
- $444,224, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 87% of charities in its peer group (housing, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
10 of 20It owes 39% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 1588% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100. Higher than 26% of charities in its peer group (housing, under $250k).
Independent board
25 of 255 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $65,000 spent. 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.