MEADOWWOOD II PRESERVATION CORP

Address
8403 Colesville Road Suite 1150
Silver Spring, MD 20910
Contact
Website: http://www.cpdc.org
Phone: +1 (202) 895-8900
Nonprofit
NTEE: L80 - Housing Support Services -- Other
EIN: 52-1985836

Mission

THE ACQUISITION AND PRESERVATION OF MEADOWWOOD TOWNHOUSES, PHASE II, A 161 UNIT LOW-INCOME HOUSING PROJECT LOCATED IN EDGEWOOD, MARYLAND. ALSO TO EXPAND THE SOCIAL AND COMMUNITY SERVICES THAT ARE AVAILABLE TO THE RESIDENTS OF THE COMMUNITY.
 20162015201420132012
Basic features of the organization
Year of formation1997
Metropolitan statistical area8872
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel  $0.00$0.00 
Sum of reportable (W2/1099) compensation  $0.00$0.00 
Number of employees  00 
Number of people compensated >$100k  00 
Number of volunteers  1421 
Number of highly compensated contractors  00 
Personnel
Brown, Shelynda
TitleVICE PRESIDENT/SENIOR DEVELOPVICE PRESIDENT/SENIOR DEVELOPVICE PRESIDENT/SENIOR DEVELOPVICE PRESIDENT/SENIOR DEVELOP 
Name of key/compensated personSHELYNDA BROWNSHELYNDA BROWNSHELYNDA BROWNSHELYNDA BROWN 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $19,594.00$18,398.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $151,405.00$136,036.00 
Average hours per week working for related orgs  39.039.0 
Lopiano, Christopher
TitleDIRECTORDIRECTORDIRECTORDIRECTOR 
Name of key/compensated personCHRISTOPHER LOPIANOCHRISTOPHER LOPIANOCHRISTOPHER LOPIANOCHRISTOPHER LOPIANO 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $27,160.00$26,254.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $281,150.00$258,695.00 
Average hours per week working for related orgs  39.039.0 
Lyons, Pamela
TitleDIRECTOR/SECRETARY/VPDIRECTOR/SECRETARY/VPDIRECTOR/SECRETARY/VPDIRECTOR/SECRETARY/VP 
Name of key/compensated personPAMELA M LYONSPAMELA M LYONSPAMELA M LYONSPAMELA M LYONS 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $23,444.00$20,655.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $181,764.00$175,007.00 
Average hours per week working for related orgs  39.039.0 
Pitchford, J
TitlePRESIDENT/DIRECTORPRESIDENT/DIRECTORPRESIDENT/DIRECTORPRESIDENT/DIRECTOR 
Name of key/compensated personJ MICHAEL PITCHFORDJ MICHAEL PITCHFORDJ MICHAEL PITCHFORDJ MICHAEL PITCHFORD 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $33,975.00$31,556.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $321,688.00$300,926.00 
Average hours per week working for related orgs  39.039.0 
Teehan, Neil
TitleVICE PRESIDENT/CONTROLLERVICE PRESIDENT/CONTROLLERVICE PRESIDENT/CONTROLLERVICE PRESIDENT/CONTROLLER 
Name of key/compensated personNEIL TEEHANNEIL TEEHANNEIL TEEHANNEIL TEEHAN 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $23,539.00$20,596.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $165,100.00$158,228.00 
Average hours per week working for related orgs  39.039.0 
Thompson, Harry
TitleDIRECTOR/TREASURER/CFODIRECTOR/TREASURER/CFODIRECTOR/TREASURER/CFODIRECTOR/TREASURER/CFO 
Name of key/compensated personHARRY THOMPSONHARRY THOMPSONHARRY THOMPSONHARRY THOMPSON 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $22,276.00$21,851.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $234,424.00$223,695.00 
Average hours per week working for related orgs  39.039.0 
Williamson, Suzanne
Titledirectordirectordirectordirector 
Name of key/compensated personSUZANNE M WILLIAMSONSUZANNE M WILLIAMSONSUZANNE M WILLIAMSONSUZANNE M WILLIAMSON 
Position of compensated person
Current individual trustee or director  TrueTrue 
Current officer  TrueTrue 
Officer, director, trustee, or key employeeTrueTrue   
Average hours per week working for org  1.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Breakdown of reportable comp
Base reportable compensation from org  $0.00$0.00 
Bonus and incentive reportable compensation  $0.00$0.00 
Other reportable compensation from org  $0.00$0.00 
Compensation from org previously reported as deferred  $0.00$0.00 
Other comp, non-reportable, from org and related orgs  $15,222.00$14,695.00 
Sum of all compensation from org  $0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs   $141,124.00$136,779.00 
Average hours per week working for related orgs  39.039.0 
Purpose: mission, activities, & accomplishments
Mission or significant activities  THE ACQ. AND PRESERVATION of Meadowwood Townhouses, Phase II LOCATED IN EDGEWOOD, MD. TO EXPAND THE SOCIAL and Comm. SRVCS. THAT ARE AVAILABLE TO THE RESIDENTS OF THE COMMUNITY.THE ACQ. AND PRESERVATION of Meadowwood Townhouses, Phase II LOCATED IN EDGEWOOD, MD. TO EXPAND THE SOCIAL and Comm. SRVCS. THAT ARE AVAILABLE TO THE RESIDENTS OF THE COMMUNITY. 
Primary exempt purposeTHE ACQUISITION AND PRESERVATION OF MEADOWWOOD TOWNHOUSES, PHASE II, A 161 UNIT LOW-INCOME HOUSING PROJECT LOCATED IN EDGEWOOD, MARYLAND. ALSO TO EXPAND THE SOCIAL AND COMMUNITY SERVICES THAT ARE AVAILABLE TO THE RESIDENTS OF THE COMMUNITY.THE ACQUISITION AND PRESERVATION OF MEADOWWOOD TOWNHOUSES, PHASE II, A 161 UNIT LOW-INCOME HOUSING PROJECT LOCATED IN EDGEWOOD, MARYLAND. ALSO TO EXPAND THE SOCIAL AND COMMUNITY SERVICES THAT ARE AVAILABLE TO THE RESIDENTS OF THE COMMUNITY.   
Program service expenses, total$44,746.00$4,451.00$6,587,493.00$1,083,311.00 
Programs, including revenue & expenses
PROVIDE HOUSING FOR 161 LOW AND MODERATE INCOME HOUSEHOLDS IN ACCORDANCE WITH SECTION 236 OF THE NATIONAL HOUSING ACT.
Program expenses  $6,587,493.00$1,083,311.00 
Program revenue  $1,116,418.00$1,189,732.00 
Program description  PROVIDE HOUSING FOR 161 LOW AND MODERATE INCOME HOUSEHOLDS IN ACCORDANCE WITH SECTION 236 OF THE NATIONAL HOUSING ACT.PROVIDE HOUSING FOR 161 LOW AND MODERATE INCOME HOUSEHOLDS IN ACCORDANCE WITH SECTION 236 OF THE NATIONAL HOUSING ACT. 
Financial data
Revenue
Total revenue$75.00$7,234.00$2,031,302.00$1,191,822.00 
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr  $914,884.00$2,090.00 
Total revenue from grants, etc., current yr  $0.00$0.00 
Total unrelated business revenue  $0.00$0.00 
Other revenue, current yr  $0.00$0.00 
Program service revenue (total) $7,234.00$1,116,418.00$1,189,732.00$1,194,559.00
Gross receipts  $5,650,233.00$1,191,822.00 
Other types of revenue
Royalties (total)  $0.00$0.00 
Miscellaneous revenue (total)  $0.00$0.00 
Net revenue from gaming (total)  $0.00$0.00 
Income from dividends, interest, and similar investments  $2,219.00$2,090.00 
Net rental income $0.00$0.00$0.00$0.00
Net income from fundraising events  $0.00$0.00 
Net inventory sales (total)  $0.00$0.00 
Expense categories (totals)
Total functional expenses: sum of all  $6,615,600.00$1,111,777.00 
Total functional expenses: program service   $6,587,493.00$1,083,311.00 
Total functional expenses: management and general  $28,107.00$28,466.00 
Total functional expenses: fundraising  $0.00$0.00 
Fees for services
Lobbying fees (total)  $0.00$0.00 
Legal fees (total)  $17,507.00$17,116.00 
Fundraising service fees (total)  $0.00$0.00 
General management fees (total)  $85,516.00$91,535.00 
Investment management fees (total)  $0.00$0.00 
Assets and liabilities
Total assets$0.00$44,671.00$51,132.00$4,871,387.00$4,651,752.00
Total assets, beginning of year$44,671.00$51,132.00$4,871,387.00$4,651,752.00 
Total liabilities$0.00$0.00$9,244.00$245,201.00$105,611.00
Total liabilities, beginning of year$0.00$9,244.00$245,201.00$105,611.00 
Pledges & accounts receivable, net  $0.00$0.00 
Loans & receivables from key persons  $0.00$0.00 
Unrestricted net assets, end of yr  $41,888.00$4,626,186.00 
Temporarily restricted net assets  $0.00$0.00 
Permanently restricted net assets, end of yr  $0.00$0.00 
Net assets$0.00$44,671.00$41,888.00$4,626,186.00 
Net assets, beginning of year  $4,626,186.00$4,546,141.00 
Other liabilities  $0.00$53,690.00 
Bond liabilities  $0.00$0.00 
Intangible assets  $0.00$0.00 
Other assets  $0.00$1,141,335.00 
Investments: other securities  $0.00$0.00 
Investments: publicly traded securities  $0.00$0.00 
Cash: non-interest bearing  $50,787.00$165,917.00 
Cash: non-interest bearing, beginning of year  $165,917.00$82,612.00 
Investments -- program-related  $0.00$0.00 
Escrow or custodial account liability  $0.00$0.00 
Loans and other payables to key persons  $0.00$0.00 
Grants payable  $0.00$0.00 
Inventories for sale or use  $0.00$0.00 
Other financial variables
Revenue less expenses  -$4,584,298.00$80,045.00 
Advertising (total)  $0.00$0.00 
Savings & temp cash investment  $0.00$0.00 
Accounts receivable, net  $345.00$18,318.00 
Prepaid expenses & deferred charges  $0.00$15,569.00 
Accounts payable & accrued expenses  $9,244.00$172,732.00 
Deferred revenue  $0.00$18,779.00 
Unsecured notes & loans to unrelated parties  $0.00$0.00 
Secured mortgages and notes payable  $0.00$0.00 
Total net assets or fund balances  $41,888.00$4,626,186.00 
Depreciation, depletion, amortization  $133,243.00$142,577.00 
Payment to affiliates  $5,495,318.00$0.00 
Governance and accountability
Number of voting members  77 
Number of independent voting members  00 
Financial sheets audited  TrueTrue 
Audit on consolidated basis  True  
Discontinued or disposed >25% of net assets  True  
Accrual accountingTrueTrueTrueTrue 
Tax year start date2016-01-012015-01-012014-01-012013-01-01 
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Indicators for schedules (selected)
Business transaction with entity owner  TrueTrue 
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990EZ990EZ990990 
Reason for form submission
Address change   True 
Date e-filing submitted2018-01-302017-02-022016-02-192014-12-04 
IRS schema version2016v3.12015v2.12014v5.02013v3.1 
Filing identifier201703049349200750201633159349201483201543179349302549201413179349302106 
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