Pidc Community Capital
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O.
- Income
- $26.0 million
- Spending
- $22.1 million
- Spent on programs
- 99%
- Reserves
- 23.4 months of spending
- Largest source of income
- donations and private grants, 69%
- Employees
- 0
- Volunteers
- 4
- Highest pay
- $383,179, president
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
Strong: 90 out of 100. Higher than 84% of charities in its peer group (community improvement, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 23.4 months of spending.
Debt
10 of 20It owes 41% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 238% on the year before.
Spending floor
15 of 1599% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 88 out of 100. Higher than 21% of charities in its peer group (community improvement, $10m to $100m).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a 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.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
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 (3)
- $7.9 million spent. SEE SCHEDULE ONEW MARKETS TAX CREDIT (NMTC) PROGRAM:PIDC CC SUPPORTS HIGH IMPACT, TRANSFORMATIONAL PROJECTS THROUGH THENMTC PROGRAM. THE NMTC PROGRAM IS A FEDERAL TAX CREDIT PROGRAMDESIGNED TO GENERATE PRIVATE-SECTOR CAPITAL INVESTMENT IN LOW-INCOMEAREAS. THE PROGRAM PERMITS INDIVIDUAL AND CORPORATE TAXPAYERS TORECEIVE CREDIT AGAINST THEIR FEDERAL INCOME TAXES FOR MAKING QUALIFIEDEQUITY INVESTMENTS IN PROJECTS THAT FINANCE COMMUNITY DEVELOPMENT,STIMULATE GROWTH AND CREATE JOBS.PIDC ALLOCATED $32.5M OF NEW MARKET TAX CREDITS TO FOUR HIGH-IMPACTPROJECTS IN PHILADELPHIA. THE NMTC PROGRAM IS A US TREASURY PROGRAMWHICH UTILIZES FEDERAL TAX CREDITS TO ATTRACT PRIVATE INVESTMENT INLOW-INCOME COMMUNITIES. THESE PROJECTS CREATE QUALITY JOBS, PROVIDEESSENTIAL GOODS AND SERVICES, AND STIMULATE ADDITIONAL INVESTMENT INOUR NEIGHBORHOODS. PIDC HAS WON OVER $473 MILLION IN NMTC ALLOCATIONBETWEEN 2007 AND 2024 AND DEPLOYED $412.5 MILLION IN TAX CREDITALLOCATION SINCE 2007.DELAWARE VALLEY COMMUNITY HEALTH (DVCH), A COMMUNITY HEALTH CENTER THAT'S BEEN PROVIDING AFFORDABLE, ACCESSIBLE, AND CULTURALLY COMPETENT HEALTHCARE SERVICES THROUGHOUT THE DELAWARE VALLEY FOR OVER 50 YEARS, WITH THE GOAL OF EXPANDING TO ADD ITS FACILITIES TO IMPLEMENT A FAMILY MEDICINE RESIDENCY PROGRAM, MAKING THEM THE FIRST TEACHING HEALTH CARE CENTER IN PHILADELPHIA. THIS EXPANSION WILL ENHANCE ACCESS TO PRIMARY CARE, DENTAL AND BEHAVIORAL HEALTH SERVICES, ALLOWING THE CENTER TO INCREASE THE NUMBER OF PATIENTS SERVED ANNUALLY BY 30 PERCENT, FOR A TOTAL OF APPROXIMATELY 208,000 INDIVIDUALS. IT WILL ALSO RETAIN 133 FULL-TIME JOBS, CREATE ADDITIONAL 29 FULL-TIME JOBS, PLUS 37 CONSTRUCTION JOBS, MANY OF WHICH ARE ACCESSIBLE TO INDIVIDUALS WITHOUT A COLLEGE DEGREE. THESE ROLES PROVIDE LIVING WAGES, BENEFITS, AND STIMULATE ECONOMIC GROWTH WITHIN THE COMMUNITY, FURTHER SOLIDIFYING DVCH'S ESSENTIAL ROLE IN IMPROVING PUBLIC HEALTH AND ECONOMIC OPPORTUNITY. THE PROJECT RECEIVED $5 MILLION IN NMTC ALLOCATION FROM PIDC CC TO SUPPORT THE PROJECT.
- $13.7 million spent. SEE SCHEDULE OSUPPORTING GROWING BUSINESSES:PIDC CC INVESTS FLEXIBLE, AFFORDABLE CAPITAL IN GROWING LOCALBUSINESSES THE BACKBONE OF OUR ECONOMY BECAUSE THEY CREATE JOBS,BUILD WEALTH FOR ENTREPRENEURS AND STABILIZE NEIGHBORHOODS. THROUGH AVARIETY OF FUNDING RESOURCES, EDUCATIONAL PROGRAMS, AND ONE-ON-ONETECHNICAL SUPPORT, PIDC FILLS CRITICAL GAPS FOR BUSINESS OWNERS ANDNONPROFIT LEADERS WHO LACK ACCESS TO TRADITIONAL CAPITAL. IN ADDITION,PIDC CC SUPPORTS DEVELOPERS PRODUCING TRANSFORMATIVE PROJECTS THAT HAVEA POSITIVE, LASTING IMPACT ACROSS THE CITY PROVIDING JOBS, SERVICES,AND AMENITIES. PIDC CC'S LOAN PORTFOLIO COMPRISES THE FOLLOWING LOANPRODUCTS: (1) WORKING CAPITAL AND EQUIPMENT LOANS: DESIGNED TO SUPPORTSMALL AND MIDSIZE BUSINESSES AND NONPROFITS THAT NEED TERM FINANCINGFOR WORKING CAPITAL, EQUIPMENT, OR LEASEHOLD IMPROVEMENTS. (2) CAPITALPROJECT LOANS: SUPPORT BUSINESSES AND NONPROFITS UNDERTAKING CAPITALPROJECTS SUCH AS BUILDING ACQUISITION, RENOVATION, LEASEHOLDIMPROVEMENTS, OR EQUIPMENT THAT NEED ADDITIONAL FINANCING TO COMPLETETHE PROJECT. (3) CONTRACT LINES OF CREDIT: SUPPORT SMALL, MINORITY,WOMEN AND DISABLED OWNED BUSINESSES THAT NEED LINES OF CREDIT TO FUNDCONTRACT RELATED WORKING CAPITAL. (4) NEIGHBORHOOD DEVELOPMENT LOANS:PROVIDE AFFORDABLE FINANCING TO FILL FUNDING GAPS FOR DEVELOPERS OFMIXED-USE, COMMERCIAL, AND INDUSTRIAL PROJECTS LOCATED THROUGHOUTPHILADELPHIA'S NEIGHBORHOODS. THIS PRODUCT TARGETS SMALL-SCALEDEVELOPERS THAT ARE COMPLETING DEVELOPMENT PROJECTS, WHICH GENERALLY HAVE PROJECT COSTS UNDER $5 MILLION. (5) COMMERCIAL MORTGAGE LOANS:PROVIDES SUPPORT TO SMALL BUSINESSES AND NONPROFITS THAT NEED FINANCINGTO PURCHASE BUILDINGS THAT THEY EITHER CURRENTLY OCCUPY OR INTEND TORELOCATE. THE COMMERCIAL MORTGAGE LOAN PRODUCT IS TARGETED TO SMALLBUSINESSES OWNED BY MINORITIES, WOMEN, IMMIGRANTS, VETERANS, OR OTHERDISADVANTAGED POPULATIONS, AS WELL AS NONPROFITS AND BUSINESSES LOCATEDIN LOW-INCOME COMMUNITIES.IN 2024, PIDC ORIGINATED $72.4 MILLION IN NEW LOANS TO 69 SMALL ANDMID-SIZED BUSINESSES, NONPROFITS, AND DEVELOPERS OF ALL SIZES THROUGH PROJECTS IN NEIGHBORHOODS IN PHILADELPHIA. OF THE NEW LOANS, $56.6 MILLION WAS INVESTED AS LEVERAGE TOWARDS TOTAL PROJECT COSTS AND $17.6 MILLION WAS INVESTED IN WOMEN-OWNED BUSINESSES. 85% OF ALL PIDC CORE LENDING WENT TO DIVERSE/MINORITYBUSINESS ENTERPRISES.PIDC CC PROVIDES FINANCING SOLUTION FOR SMALL BUSINESSES AND NONPROFITSSEEKING TO PURCHASE NEW OR EXISTING REAL ESTATE TO BUILD WEALTH, LIMITDISPLACEMENT, AND SUPPORT LONG-TERM GROWTH IN PHILADELPHIA. PAST YOUR BEDTIME CHILDCARE CENTER IS A KEYSTONE STARS LEVEL 4 CHILDCARE PROVIDER SERVING THE FAMILIES OF OVERBROOK FARMS WITH RELIABLE, SAFE, AND NUTURING CARE FOR VULNERABLE CHILDREN. PIDC SUPPORTED THE BUSINESS WITH A COMMERCIAL MORTGAGE LOAN TO HELP THEM ACQUIRE THE BUILDING THE DAYCARE IS LOCATED IN, ENSURING THAT THIS LONG STANDING BUSINESS PROVIDING VALUABLE SERVICES TO THE COMMUNITY AVOIDS DISPLACEMENT. PIDC CC ALSO PROVIDES AFFORDABLE WORKING CAPITAL FOR SMALL-, MINORITY-,WOMEN-, AND DISABLED-OWNED BUSINESSES SEEKING A LINE OF CREDIT TO FUNDCONTRACT-RELATED WORKING CAPITAL, INCLUDING LABOR, MATERIALS, ANDEQUIPMENT COSTS.IN 2024, WE CONTINUED OUR BUSINESS SUPPORT SERVICES EDUCATIONALWORKSHOPS, ONE-ON-ONE COUNSELING, CREDIT REPAIR, AND NETWORKING EVENTSDESIGNED TO SUPPORT BUSINESS GROWTH AND CONNECT PHILADELPHIA'S SMALLBUSINESS COMMUNITY TO TRUSTED KNOWLEDGE AND RESOURCES VIA WORKSHOPS.PIDC BUSINESS BUILDER WORKSHOPS ARE YEAR-ROUND WORKSHOPS WHICH PROVIDECRITICAL BUSINESS EDUCATION TO ENTREPRENEURS AND ORGANIZATIONS FROMEVERY INDUSTRY. PIDC HOSTED 29 WORKSHOPS WITH MORE THAN 700 HOURSDEDICATED TO COACHING AND CONSULTING SUPPORT FOR PIDC CLIENTS. TOPICS INCLUDED DEBT MANAGEMENT, PROJECT OVERSIGHT, BUYING AND FINANCING COMMERCIAL REAL ESTATE, FEDERAL GOVERNMENT CONTRACTING, AND BUSINESS EDUCATION AND MENTORING PROGRAMS.OF THE HOSTED WORKSHOPS, ELEVEN (11) WERE HELD IN SPANISH WHEREBY PIDCCONTINUED A SERIES OF SPANISH-LANGUAGE WORKSHOPS, AS STARTED IN 2022,AS A PART OF PIDC'S STRATEGY TO BETTER SERVE SPANISH-SPEAKINGENTREPRENEURS, ONE OF THE FASTEST GROWING BUSINESS GROUPS INPHILADELPHIA. THE SERIES IS PART OF PIDC'S BUSINESS BUILDER WORKSHOPS.TOPICS IN THE SERIES INCLUDED MENTAL HEALTH, BUILDING CREDIT, CITYRESOURCES, BUYING AND FINANCING COMMERCIAL REAL ESTATE, LEADERSHIP, AND MORE.
- $230,358 spent. PROVISION FOR LOAN LOSS/ASC 326
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 December 1997.
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.
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