NonprofitsKensington Corridor Trust

Community Improvement & Capacity Building

Kensington Corridor Trust

PHILADELPHIA, PA

Total revenue

$976K

Total expenses

$1.1M

Net assets

$264K

Grants received

$1.9M

13 grants

EIN

842453611

Tax year

2024

Mission

The kensington corridor trust works closely with community stakeholders and residents to develop a new model for increasing neighborhood control, focusing on fueling the kensington avenue corridor as an economic engine that can drive stability and economic prosperity in the neighborhood. The organization recognizes how critical the development of physical space is to overcoming poverty and will leverage the areas physical assets (transportation infrastructure, walkability, availability of properties) and neighborhood strengths (mobilized residents, strong neighborhood-based organization) to create lasting change.

Financials

FY 2024

Revenue

Contributions & grants$743K
Program service revenue$16K
Investment income$94K
Other revenue$123K
Total revenue$976K

Expenses

Grants paid
Salaries & benefits$442K
Fundraising$34K
Other expenses$657K
Total expenses$1.1M
Total assets$11.3M
Net assets$264K

People

12 listed

NameRoleCompensation

Damon Bain

Director

Board

2 hrs/wk

Jonathan Arrieta

Director

Board

2 hrs/wk

Darlene Burton

Director

Board

2 hrs/wk

John Chun

Secretary

Board

2 hrs/wk

Jimmy Duran

Treasurer

Board

2 hrs/wk

Tess Donie

Director

Board

2 hrs/wk

Zor Montes

Director

Board

2 hrs/wk

Alexander Robles

Chairman

Board

2 hrs/wk

Tayyib Smith

Director

Board

2 hrs/wk

Sarah St Clair

Director

Board

2 hrs/wk

Brenda Mosley

Director

Board

2 hrs/wk

Adriana Abizadeh-Barbour

Executive Director

Staff

$149K

40 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$260K
GENERAL SUPPORT
2024
$250K
GENERAL OPERATING SUPPORT AND ELEVATED STOOP
2024
$225K
OPERATING SUPPORT GRANT
2024
$10K
GENERAL OPERATING - BOARD DISCRETIONARY
2024
$10K
PROGRAM EXPANSION
2024
$463K
GENERAL SUPPORT
2023
$400K
GENERAL OPERATING SUPPORT
2023
$100K
PROGRAM EXPANSION
2023
$100K
GENERAL OPERATING SUPPORT
2022
$50K
GENERAL SUPPORT
2022
$10K
GRANT FOR BUSINESS SUPPORT ORGANIZATION
2022

Funded by

$1.9M from 8 funders · 13 grants · 2022–2024

Impactassetsinc

$773K · 3 grants · 2022–2024

The Harry R Halloran Jr Charitable Trust

$750K · 3 grants · 2022–2024

Globetrotter Foundation

$225K · 1 grant · 2024

New Profit Inc

$110K · 2 grants · 2023–2024

Common Future

$10K · 1 grant · 2022

Elias Foundation

$10K · 1 grant · 2024

Neighborhood Land Power Project

$5K · 1 grant · 2024

Details

EIN842453611
NTEE codeS30
Subsection03
Ruling date2022-02
Formed2022
Employees8
KENSINGTON CORRIDOR TRUST — Mission, Financials & Grants Received | Grantivo