PHOENIX COMMUNITY DEVELOPMENT AND
Data sourced from IRS 990 public filings
PHOENIX COMMUNITY DEVELOPMENT AND You build. We fund. Communities benefit. COVID-19 Small Business & Nonprofit Resources PCDIC invests in underserved areas of Phoenix and Maricopa county The Phoenix Community Development & Investment Corporation’s (PCDIC) mission is to attract and provide funds for projects that will improve the quality of life for individuals who live and work in underserved areas. PCDIC was formed in 2002 by the City of Phoenix and is certified by the U.S. Treasury as a Community Development Entity. How We Invest New Markets Tax Credits PCDIC encourages private capital investment in low income communities by offering tax credits. MORE Investments PCDIC offers loans to nonprofit organizations and small businesses for projects that will improve the lives of vulnerable populations and underserved communities. MORE Community Development Fund PCDIC grants funds to nonprofit organizations primarily serving Maricopa county residents.
Annual Revenue
$2,921,536
Known Funders
1
Grants Received
1
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $2,921,536 | $2,557,822 | $39,881,295 |
| 2023 | $3,772,700 | $1,982,634 | $39,320,171 |
| 2022 | $2,168,973 | $5,173,835 | $37,376,403 |
| 2021 | $6,695,939 | $2,402,409 | $40,907,790 |
| 2020 | $4,693,317 | $3,042,872 | $36,272,976 |
| 2019 | $2,956,474 | $1,026,086 | $34,334,158 |
| 2018 | $4,355,617 | $1,569,477 | $31,845,984 |
| 2017 | $910,402 | $887,625 | $29,242,951 |
Top Funders
PHOENIX, AZ
Key Personnel
From 2024 IRS 990 filing
JUAN SALGADO
CHIEF EXECUTIVE OFFICER
GINGER SPENCER
CHAIR EMERITUS
MARIO VENTURA
BOARD MEMBER
JOSEPH LOSADA
BOARD MEMBER
JULIA KARL
BOARD MEMBER
LLOYD HOPKINS
BOARD MEMBER
KATHLEEN GITKIN
TREASURER
TITUS MATTHEW
VICE CHAIR
JOHN CHAN
CHAIR
Frequently Asked Questions
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