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Nonprofiteer
← DELAWARE PRESERVATION FUND INC

Form 990 for tax year 2023

Filed by DELAWARE PRESERVATION FUND INC.

Totals

Total revenue
$304,850
Total expenses
$121,898
Contributions and grants received
$209,419
Grants paid
$90,229
Program service revenue
$0
Investment income
$95,431
Other revenue
$0
Total assets, end of year
$978,117
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$978,117
Program services expenses (Part IX)
$102,851
Management and general expenses
$17,374
Fundraising expenses
$1,673
Program service expenses (Part III)
$102,851

Program services were 84.4% 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)

    $205,000

  • 1f · All other contributions, gifts and grants

    $4,419

  • 3 · Investment income

    total $18,016 · excluded $18,016

  • 7a · Gross sales of assets other than inventory

    securities $77,415

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $77,415

  • 7d · Net gain or loss

    total $77,415 · excluded $77,415

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $55,300 · program services $55,300

  • 2 · Grants to domestic individuals

    total $34,929 · program services $34,929

  • 5 · Compensation of officers, directors and key employees

    total $1,200 · program services $900 · management and general $180 · fundraising $120

  • 11c · Fees: accounting

    total $4,623 · management and general $4,623

  • 11f · Fees: investment management

    total $10,218 · management and general $10,218

  • 11g · Fees: other

    total $12,000 · program services $9,000 · management and general $1,800 · fundraising $1,200

  • 13 · Office expenses

    total $1,175 · program services $882 · management and general $178 · fundraising $115

  • 24a · Other expenses: PDI Shared Service Agre

    total $2,300 · program services $1,725 · management and general $352 · fundraising $223

  • 24b · Other expenses: Miscellaneous expense

    total $106 · program services $80 · management and general $16 · fundraising $10

  • 24c · Other expenses: Telephone

    total $40 · program services $30 · management and general $6 · fundraising $4

  • 24d · Other expenses: Postage

    total $7 · program services $5 · management and general $1 · fundraising $1

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $52,653 · end of year $190,383

  • 12 · Investments: other securities

    beginning of year $742,512 · end of year $787,734

  • 27 · Net assets without donor restrictions

    beginning of year $52,644 · end of year $190,383

  • 28 · Net assets with donor restrictions

    beginning of year $742,521 · end of year $787,734

Mission and programs · 2023

Mission

Preserve the architectural heritage and the historic built environment of Delaware, through financial assistance to owners of historic properties, acquisition of unwanted and threatened properties, and related support programs.

Activities or mission (Part I)

To preserve Delaware's architectural heritage through the use of low interest loans, small grants, easements, and covenants, and the donation/purchase/resale of historic properties.

  • Preservation of Delaware's architectural heritage, support for historical preservation, and monitoring of historical easements.

    Expenses $102,851 · Grants $90,229

As filed on the 2023 return.

Listed in Part VII

  • Jeremy Rothwell

    President

    Total calculated
    $0
    Hours/week
    2

  • Dan Parsons

    Secretary

    Total calculated
    $0
    Hours/week
    1

  • Michael McGrath

    PDI Representative/Treasur

    Total calculated
    $0
    Hours/week
    2

  • Victoria Brennan

    Director

    Total calculated
    $0
    Hours/week
    1

  • Mark Chura

    Director

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Hatch

    Director (until 12/23)

    Total calculated
    $0
    Hours/week
    1

  • C Russell McCabe II

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael McConnell

    Director

    Total calculated
    $0
    Hours/week
    1

  • Abdullah Muhammad

    Director/ PDI Representati

    Total calculated
    $0
    Hours/week
    1

  • Vincent John Murphy

    Program Director

    Total calculated
    $4,890
    From this org
    $4,890
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • Preservation Delaware

    501(c)(3) · Preservation of architectural & archaeological heritage & historic settings · DE

Provenance

Return type
form_990
Tax year
2023
Filed
3 April 2025
IRS schema version
2023v6.0
Source object
202520949349300907

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