Form 990 for tax year 2023
Filed by CENTRAL DELAWARE CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $782,445
- Total expenses
- $821,094
- Contributions and grants received
- $250,486
- Grants paid
- $0
- Program service revenue
- $508,537
- Investment income
- $16,821
- Other revenue
- $6,601
- Total assets, end of year
- $624,041
- Total liabilities, end of year
- $287,600
- Net assets or fund balances, end of year
- $336,441
- Program services expenses (Part IX)
- $696,821
- Management and general expenses
- $118,573
- Fundraising expenses
- $5,700
- Program service expenses (Part III)
- $696,821
Program services were 84.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$250,276
-
1f · All other contributions, gifts and grants
$210
-
2a · Program service revenue: MEMBER EVENTS
total $335,811 · related or exempt $335,811
-
2b · Program service revenue: LCD PROGRAM
total $79,865 · related or exempt $79,865
-
2c · Program service revenue: PUBLICATIONS
total $74,272 · related or exempt $74,272
-
2d · Program service revenue: OTHER PROGRAM REVENUE
total $18,589 · related or exempt $18,589
-
3 · Investment income
total $16,821 · related or exempt $16,821
-
11a · Other revenue: COMMISSIONS
total $6,601 · related or exempt $6,601
-
11e · Other revenue, total
$6,601
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $106,302 · program services $106,302
-
7 · Other salaries and wages
total $252,063 · program services $250,463 · fundraising $1,600
-
8 · Pension plan contributions
total $9,041 · program services $9,041
-
9 · Other employee benefits
total $68,864 · program services $68,864
-
10 · Payroll taxes
total $28,620 · program services $28,620
-
11c · Fees: accounting
total $24,525 · management and general $24,525
-
12 · Advertising and promotion
total $17,317 · program services $10,908 · management and general $6,109 · fundraising $300
-
13 · Office expenses
total $26,980 · management and general $26,980
-
14 · Information technology
total $7,753 · program services $7,753
-
16 · Occupancy
total $28,800 · program services $28,800
-
17 · Travel
total $4,084 · program services $4,084
-
20 · Interest
total $3,935 · management and general $3,935
-
22 · Depreciation, depletion and amortization
total $5,285 · management and general $5,285
-
23 · Insurance
total $5,388 · management and general $5,388
-
24a · Other expenses: RENTALS AND SETUP
total $79,313 · program services $79,313
-
24b · Other expenses: FOOD
total $48,461 · program services $45,261 · fundraising $3,200
-
24c · Other expenses: INFORMATION BOOKLET
total $35,400 · program services $35,400
-
24d · Other expenses: BANK AND CREDIT CARD FEES
total $23,971 · management and general $23,971
-
24e · All other expenses
total $44,992 · program services $22,012 · management and general $22,380 · fundraising $600
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,458
-
2 · Savings and temporary cash investments
beginning of year $400,180 · end of year $380,236
-
3 · Pledges and grants receivable
beginning of year $61,070 · end of year $61,070
-
4 · Accounts receivable
beginning of year $33,945 · end of year $16,405
-
9 · Prepaid expenses and deferred charges
end of year $12,986
-
10a · Land, buildings and equipment: cost or other basis
$43,781
-
10b · Land, buildings and equipment: accumulated depreciation
$18,724
-
10c · Land, buildings and equipment, net
beginning of year $6,841 · end of year $25,057
-
15 · Other assets
beginning of year $114,503 · end of year $128,287
-
17 · Accounts payable and accrued expenses
beginning of year $2,206 · end of year $46,697
-
19 · Deferred revenue
end of year $104,756
-
23 · Secured mortgages and notes payable
beginning of year $114,781 · end of year $110,375
-
25 · Other liabilities
beginning of year $20,465 · end of year $25,772
-
27 · Net assets without donor restrictions
beginning of year $480,516 · end of year $333,405
-
28 · Net assets with donor restrictions
beginning of year $5,029 · end of year $3,036
Mission and programs · 2023
Mission
TO ADVANCE THE BALANCED ECONOMIC DEVELOPMENT OF CENTRAL DELAWARE BY PROMOTING CIVIC, INDUSTRIAL, COMMERCIAL, AGRI-BUSINESS AND SOCIAL INTERESTS OF THE COMMUNITY AND BY STRENGTHENING THE FREEDOM OF PRIVATE BUSINESSES TO OPERATE COMPETITIVELY FOR PROFIT WITH MINIMAL AND EFFICIENT GOVERNMENT REGULATIONS.
-
EVENTS - THE ORGANIZATION HOLDS MANY EVENTS DURING THE YEAR ATTENDED BY MEMBERS AND OTHER GUESTS IN ORDER TO PROMOTE BUSINESSES AND GOODWILL IN THE CENTRAL DELAWARE COMMUNITY. EVENT PARTICIPATION RANGES FROM 20 TO 350 ATTENDEES. DURING FISCAL YEAR 2024, THERE WERE 14 ANNUAL EVENTS AND SEVERAL SMALLER ONES HELD THROUGHOUT THE YEAR.
-
LCD PROGRAM - THE ORGANIZATION RUNS THE LEADERSHIP CENTRAL DELAWARE (LCD) PROGRAM FOR INDIVIDUALS WHO WOULD LIKE TO DEVELOP LEADERSHIP SKILLS AND LEARN MORE ABOUT THE COMMUNITY. THESE INDIVIDUALS PARTICIPATE IN CLASS TIME AND COMMUNITY PROJECTS, BOTH OF WHICH PROVIDE THEM THE SKILLS NECESSARY TO BECOME EFFECTIVE LEADERS. THERE WERE 28 PARTICIPANTS IN FISCAL YEAR ENDING JUNE 30, 2024.
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THE ORGANIZATION OFFERS PUBLICATIONS THAT PROVIDE INFORMATION ON BUSINESSES, CHAMBER EVENTS, AND HAPPENINGS IN CENTRAL DELAWARE. THE LARGEST PUBLICATION IS THE CENTRAL DELAWARE RESOURCE GUIDE, WHICH PROVIDES NEW RESIDENTS WITH INFORMATION ON CENTRAL DELAWARE BUSINESSES, SOCIAL EVENTS,TOURISM ATTRACTIONS, AND EVERYTHING CENTRAL DELAWARE HAS TO OFFER.
-
OTHER PROGRAM REVENUE AND EXPENSES INCLUDE ALL OTHER SOURCES OF PROGRAM REVENUE AND FUNCTIONAL EXPENSES NECESSARY TO MEET THE PRIMARY PURPOSE OF THE ORGANIZATION AND ARE NOT SPECIFICALLY ALLOCATED TO THE THREE MAJOR PROGRAM SERVICE ACCOMPLISHMENTS IN PART III. SEE PART IV FOR ALL PROGRAM SERVICE EXPENSES.
Expenses $696,821 · Revenue $508,537
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dina VendettiDINA VENDETTI
PRESIDENT
- Total calculated
- $109,377
- From this org
- $106,302
- From related orgs
- $0
- Other
- $3,075
- Hours/week
- 40
-
Kim I AdamsKIM I ADAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Timothy M BayesTIMOTHY M BAYES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Denee J CrumrineDENEE J CRUMRINE
VICE CHAIR -
- Total calculated
- $0
- Hours/week
- 4
-
Courtney A DuncanCOURTNEY A DUNCAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Laura A GarofoliLAURA A GAROFOLI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dean E HoldenDEAN E HOLDEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Evans Armantrading JrEVANS ARMANTRADING JR
VICE CHAIR -
- Total calculated
- $0
- Hours/week
- 4
-
Nicholas J Polcino JrNICHOLAS J POLCINO JR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jesse C KeleherJESSE C KELEHER
VICE CHAIR -
- Total calculated
- $0
- Hours/week
- 4
-
C Scott KidnerC SCOTT KIDNER
VICE CHAIR -
- Total calculated
- $0
- Hours/week
- 4
-
Kevin D MillsKEVIN D MILLS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Richard A MohnkRICHARD A MOHNK
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Hassan NajjarHASSAN NAJJAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Javier SantanaJAVIER SANTANA
VICE CHAIRMA
- Total calculated
- $0
- Hours/week
- 4
-
Brian J StetinaBRIAN J STETINA
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Janell K UptonJANELL K UPTON
VICE CHAIR -
- Total calculated
- $0
- Hours/week
- 4
-
Dana F WattayDANA F WATTAY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 4
-
Charmaine A WhyteCHARMAINE A WHYTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lincoln WillisLINCOLN WILLIS
VICE CHAIR -
- Total calculated
- $0
- Hours/week
- 4
-
Doug YorkeDOUG YORKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541359349303929
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