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Nonprofiteer
← DELAWARE VALLEY INDUSTRIAL RESOURCE CENTER

Form 990 for tax year 2023

Filed by DELAWARE VALLEY INDUSTRIAL RESOURCE CENTER.

Totals

Total revenue
$8,262,183
Total expenses
$7,851,335
Contributions and grants received
$3,508,709
Grants paid
$0
Program service revenue
$4,690,531
Investment income
$0
Other revenue
$62,943
Total assets, end of year
$3,356,326
Total liabilities, end of year
$1,008,956
Net assets or fund balances, end of year
$2,347,370
Program services expenses (Part IX)
$5,541,946
Management and general expenses
$2,309,389
Fundraising expenses
$0
Program service expenses (Part III)
$5,541,946

Program services were 70.6% 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.

  • 1e · Government grants (contributions)

    $2,495,390

  • 1f · All other contributions, gifts and grants

    $1,013,319

  • 2a · Program service revenue: CONSULTING

    total $4,690,531 · related or exempt $4,690,531

  • 6a · Gross rents

    real property $60,333

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $60,333

  • 6d · Net rental income or loss

    total $60,333 · excluded $60,333

  • 11a · Other revenue: CASH SURRENDER VALUE

    total $2,610 · related or exempt $2,610

  • 11e · Other revenue, total

    $2,610

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,735,353 · program services $1,022,868 · management and general $712,485

  • 7 · Other salaries and wages

    total $1,622,517 · program services $956,360 · management and general $666,157

  • 9 · Other employee benefits

    total $392,848 · program services $231,556 · management and general $161,292

  • 10 · Payroll taxes

    total $523,326 · program services $308,464 · management and general $214,862

  • 11b · Fees: legal

    total $10,233 · management and general $10,233

  • 11c · Fees: accounting

    total $85,581 · program services $85,581

  • 11d · Fees: lobbying

    total $46,966 · management and general $46,966

  • 11g · Fees: other

    total $2,296,151 · program services $2,212,283 · management and general $83,868

  • 14 · Information technology

    total $318,416 · program services $187,684 · management and general $130,732

  • 16 · Occupancy

    total $68,685 · program services $40,485 · management and general $28,200

  • 17 · Travel

    total $84,322 · program services $49,702 · management and general $34,620

  • 19 · Conferences, conventions and meetings

    total $18,329 · program services $10,804 · management and general $7,525

  • 22 · Depreciation, depletion and amortization

    total $102,960 · program services $60,688 · management and general $42,272

  • 23 · Insurance

    total $91,571 · program services $53,975 · management and general $37,596

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $138,743 · program services $81,779 · management and general $56,964

  • 24b · Other expenses: COMMUNICATIONS

    total $131,158 · program services $131,158

  • 24c · Other expenses: MISCELLANEOUS EXPENSES

    total $96,780 · program services $57,045 · management and general $39,735

  • 24d · Other expenses: SUPPLIES/PRINTING/POSTA

    total $70,782 · program services $41,721 · management and general $29,061

  • 24e · All other expenses

    total $16,614 · program services $9,793 · management and general $6,821

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $740,439 · end of year $1,221,364

  • 3 · Pledges and grants receivable

    beginning of year $415,775 · end of year $350,787

  • 4 · Accounts receivable

    beginning of year $497,620 · end of year $649,425

  • 9 · Prepaid expenses and deferred charges

    beginning of year $297,391 · end of year $266,381

  • 10a · Land, buildings and equipment: cost or other basis

    $2,921,513

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,287,505

  • 10c · Land, buildings and equipment, net

    beginning of year $653,858 · end of year $634,008

  • 12 · Investments: other securities

    beginning of year $50,000 · end of year $50,000

  • 15 · Other assets

    beginning of year $466,054 · end of year $184,361

  • 17 · Accounts payable and accrued expenses

    beginning of year $914,032 · end of year $771,547

  • 25 · Other liabilities

    beginning of year $270,583 · end of year $237,409

  • 27 · Net assets without donor restrictions

    beginning of year $1,936,522 · end of year $2,347,370

Mission and programs · 2023

Mission

SEE SCHEDULE O

  • DVIRC PROVIDES A COMPREHENSIVE RANGE OF PROGRAMS AND SERVICES TO ENCOURAGE AND ENABLE SMALL TO MEDIUM SIZE MFG. COS. TO INITIATE AND MANAGE A PROCESS OF CHANGE LEADING TO IMPROVED PRODUCTIVITY, EFFICIENCY, QUALITY AND COMPETITIVE POSITIONING.

    Expenses $5,541,946 · Revenue $4,693,141

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anthony Schweiger

    SECRETARY, GOVERNANCE CHAI

    Total calculated
    $0
    Hours/week
    1

  • Bernadine Hawes

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Jack Pfunder

    AMT COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • James Visnic

    FINANCE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jim Williams

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jm Hasson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kip Anthony

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lisa Salley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert Rosania

    COMPENSATION CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Robert Yablunsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Scott Leonard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Anthony Girifalco

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $233,765
    From this org
    $196,494
    From related orgs
    $0
    Other
    $37,271
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $196,494
    Bonus
    $0
    Other
    $0
    Deferred
    $14,740
    Nontaxable benefits
    $22,531
    Filer's total
    $233,765

  • Christopher Scafario

    PRESIDENT / CHIEF EXECUTIVE OFFICER

    Total calculated
    $248,632
    From this org
    $205,116
    From related orgs
    $0
    Other
    $43,516
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $205,116
    Bonus
    $0
    Other
    $0
    Deferred
    $14,770
    Nontaxable benefits
    $28,746
    Filer's total
    $248,632

  • Mark Basla

    CHIEF MARKETING OFFICER

    Total calculated
    $229,038
    From this org
    $173,197
    From related orgs
    $0
    Other
    $55,841
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $173,197
    Bonus
    $0
    Other
    $0
    Deferred
    $14,992
    Nontaxable benefits
    $40,849
    Filer's total
    $229,038

  • Rinku Modi

    CHIEF FINANCIAL OFFICER

    Total calculated
    $137,777
    From this org
    $112,211
    From related orgs
    $0
    Other
    $25,566
    Hours/week
    37.5

  • Veronica Abdus-Saboor

    CFO (RETIRED)

    Total calculated
    $232,894
    From this org
    $194,561
    From related orgs
    $0
    Other
    $38,333
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $194,561
    Bonus
    $0
    Other
    $0
    Deferred
    $15,727
    Nontaxable benefits
    $22,606
    Filer's total
    $232,894

  • Viveienne Baxter

    SR. MANAGER, TRAINING & ORGANIZATION DEVELOPMENT

    Total calculated
    $223,146
    From this org
    $167,106
    From related orgs
    $0
    Other
    $56,040
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $167,106
    Bonus
    $0
    Other
    $0
    Deferred
    $12,201
    Nontaxable benefits
    $43,839
    Filer's total
    $223,146

  • Ellen Harvilla

    DIRECTOR HR; TRAINING & ED

    Total calculated
    $174,831
    From this org
    $142,402
    From related orgs
    $0
    Other
    $32,429
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $142,402
    Bonus
    $0
    Other
    $0
    Deferred
    $11,388
    Nontaxable benefits
    $21,041
    Filer's total
    $174,831

  • Gerald Alan Shell

    DIRECTOR, CONTINUOUS IMPROVEMENT

    Total calculated
    $168,704
    From this org
    $154,995
    From related orgs
    $0
    Other
    $13,709
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $154,995
    Bonus
    $0
    Other
    $0
    Deferred
    $10,446
    Nontaxable benefits
    $3,263
    Filer's total
    $168,704

  • Robert Crossett

    REGIONAL VP, BUSINESS DEVE

    Total calculated
    $174,885
    From this org
    $160,649
    From related orgs
    $0
    Other
    $14,236
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $160,649
    Bonus
    $0
    Other
    $0
    Deferred
    $11,606
    Nontaxable benefits
    $2,630
    Filer's total
    $174,885

  • Sylvia Wower

    VP RESEARCH & STRAT. GROWT

    Total calculated
    $184,186
    From this org
    $170,352
    From related orgs
    $0
    Other
    $13,834
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $170,352
    Bonus
    $0
    Other
    $0
    Deferred
    $11,471
    Nontaxable benefits
    $2,363
    Filer's total
    $184,186

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DAEDALUS HOLDING INC & SUBSIDIARIES

    C · INVESTMENT ADVISORY · PA · 100% owned · share of assets $41,064

Provenance

Return type
form_990
Tax year
2023
Filed
28 January 2025
IRS schema version
2023v6.0
Source object
202540289349301754

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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