COMMUNITY PRESERVATION DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

COMMUNITY PRESERVATION DEVELOPMENT CORPORATION

EIN 52-1662186 · Housing & Shelter (L20Z)

What they do

CPDCS 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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

46.72%of revenue went to mission work98.6% of expenses · Program services

$47.39spent for every $100 of revenueRevenue covered expenses this year.

0.67%of revenue went to management and office costs1.4% of expenses

$207.43in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $58,996 for KELLY SHIFLETT (SVP & CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$882,170

Mission workProgram services$412,17846.72% of revenue98.6% of expenses

ManagementOffice and general costs$5,8900.67% of revenue1.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$464,10252.61% of revenueShown in gray on the chart

Total expenses$418,06847.39% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.6% mission · 1.4% management · 0.0% fundraisingTotal expenses: 47.39% of revenue

2023Expense mix: 99.7% mission · 0.3% management · 0.0% fundraisingTotal expenses: 65.03% of revenue

2022Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 27.38% of revenue

2021Expense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 36.97% of revenue

2020Expense mix: 94.6% mission · 3.3% management · 2.1% fundraisingTotal expenses: 102.20% of revenue

2019Expense mix: 92.4% mission · 5.1% management · 2.5% fundraisingTotal expenses: 130.37% of revenue

2018Expense mix: 92.8% mission · 3.0% management · 4.2% fundraisingTotal expenses: 136.43% of revenue

2017Expense mix: 27.2% mission · 68.3% management · 4.4% fundraisingTotal expenses: 127.21% of revenue

Money in and money out

Revenue$882,170

Expenses$418,068

Annual surplus $464,102 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$412,178 · 98.6% of expenses

Management and office costs$5,890 · 1.4% of expenses

See all reported dollar amounts

Revenue$882,170

Expenses$418,068

Assets$86,721,287

Income$882,170

Mission work (program services)$412,178

Grants given$487,486

Average grant$162,495

Management and general$5,890

Accounting fees$5,660

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KELLY SHIFLETTSVP & CFO · 1 hrs/week $58,996Base · Other $58,996

LINDA MANLEYCLO & SECRETARY · 1 hrs/week $58,996Base · Other $58,996

JEFFREY GALENTINETREASURER · 1 hrs/week $52,327Base · Other $52,327

CHRISTINE MADIGANINTERIM PRES. (UNTIL 4/24), EVP/CBO · 1 hrs/week $50,386Base · Other $50,386

SHELYNDA BROWNVP, REAL ESTATE · 1 hrs/week $49,073Base · Other $49,073

TODD DEL TUFOSVP, ASSET MANAGEMENT AS OF 04/24 · 1 hrs/week $45,305Base · Other $45,305

ROBERT FOSSISVP, REAL ESTATE DEVELOPMENT · 1 hrs/week $30,234Base · Other $30,234

STACIE BIRENBACHVP, RE DEVELOPMENT · 1 hrs/week $25,499Base · Other $25,499

JANINE LINDPRESIDENT AND DIRECTOR AS OF 04/24 · 1 hrs/week $22,035Base · Other $22,035

RESHMA HOLLAVP, DEV. STRATEGY & IMPACT · 1 hrs/week $15,657Base · Other $15,657

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

KELLY SHIFLETTSVP & CFO

LINDA MANLEYCLO & SECRETARY

JEFFREY GALENTINETREASURER

CHRISTINE MADIGANINTERIM PRES. (UNTIL 4/24), EVP/CBO

SHELYNDA BROWNVP, REAL ESTATE

TODD DEL TUFOSVP, ASSET MANAGEMENT AS OF 04/24

ROBERT FOSSISVP, REAL ESTATE DEVELOPMENT

STACIE BIRENBACHVP, RE DEVELOPMENT

JANINE LINDPRESIDENT AND DIRECTOR AS OF 04/24

RESHMA HOLLAVP, DEV. STRATEGY & IMPACT

CHARLES WERHANEFORMER DIRECTOR

About this charity

Recognized since: January 1990
Location: 11000 BROKEN LAND PARKWAY 700, COLUMBIA, MD 21044
County: Howard
In care of: KELLY N SHIFLETT
Primary officer: KELLY N SHIFLETT, SVP, FINANCE

How to reach them

Phone(410) 332-7400

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: COHNREZNICK ADVISORY LLC
NTEE classification: Housing & Shelter (L20Z)
IRS tax category: Other Community Housing Services
Grant-giving organization: Yes