2026-07-15T09:07:21-07:00 2025-12-31 232989882 LOCKE & WELSH PC 1501 LOWER STATE RD STE 302 NORTH WALES PA 19454 990 2025-01-01 232939646 PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION PHIL 2154652363 PO BOX 586 EAGLEVILLE PA 19403 LISA M CHAMBERS Executive Director 2026-07-15 true Gregory A Locke P00510792 2158228141 2025 2025-03-06 01:10:19Z LISA M CHAMBERS PO BOX 586 EAGLEVILLE PA 19403 360721 false X N/A X 1997 PA PSDC'S PRIMARY EXEMPT PURPOSE IS TO LESSEN THE BURDENS OF GOVERNMENT FOR TWO GOVERNMENTAL ORGANIZATIONS: COMMONWEALTH OF PA COMMONWEALTH AND CITY OF PHILADELPHIA CITY 5 5 1 0 77539 207 0 19515 21764 200986 338750 298040 360721 0 0 130200 134165 0 0 123226 166821 253426 300986 44614 59735 954566 1014302 260455 260456 694111 753846 PSDC'S PRIMARY EXEMPT PURPOSE IS TO LESSEN THE BURDENS OF GOVERNMENT FOR TWO GOVERNMENTAL ORGANIZATIONS: COMMONWEALTH OF PA COMMONWEALTH AND CITY OF PHILADELPHIA CITY false false 105711 PSDC SUCCESSFULLY OVERSAW THE CONTRUCTION OF A STATE OF THE ART SHIPBUILDING FACILITY IN THE FORMER PHILADELPHIA NAVAL SHIPYARD THAT IS NOW PRODUCING COMMERCIAL VESSELS AT FULL CAPACITY AS WELL AS WORKING ON GOVERNMENT SHIPS. IT WAS ALSO INVOLVED IN THE PROCESS OF HIRING AND TRAINING SHIPYARD WORKERS, THROUGH ITS ADMINSTRATION OF PUBLIC FUNDS USED FOR THOSE PURPOSES. MORE THAN 2,316 JOBS AT THE REVITALIZED SHIPYARD. WERE CREATED THROUGH THESE EFFORTS. PSDC LESSENS THE BURDEN OF GOVERNMENT BY REPRESENTING THE INTERESTS OF GOVERNMENTAL ENTITIES IN CONNECTION WITH TRANSACTIONS THAT CONTRIBUTE TO THE RETENTION OF SHIPBUILDING JOBS IN THE PHILADELPHIA REGION. 105711 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 false 1 false false false false false false false false 0 false false false false false false false X 5 5 false false false false false true false false false false false false false false false true true false LISA CHAMBERS 2154652363 PO BOX 586 EAGLEVILLE PA 19403 LISA M CHAMBERS Executive Dir. 40.00 0.00 X 109273 0 16391 MANUEL N STAMATAKIS Chairman 1.00 0.00 X 0 0 0 MICHAEL J ACKER Treasurer 1.00 0.00 X 0 0 0 WILLIAM P HANKOWSKY Secretary 1.00 0.00 X 0 0 0 JOHN SALER Director 1.00 0.00 X 0 0 0 JIM SNELL Director 1.00 0.00 X 0 0 0 109273 16391 1 false false false 0 207 207 0 21764 21764 0 0 338750 338750 338750 338750 0 0 0 0 0 360721 338750 21764 0 0 0 0 109273 109273 0 0 16391 6065 10326 0 8501 3145 5356 0 10207 10207 23773 23773 0 0 0 0 0 6993 6993 0 0 0 250 250 0 0 0 0 1651 1651 55187 20723 34464 SUBCONTRACTOR EXPENSE 63920 63920 INTERNET 2448 2448 SUPPLIES 1614 1614 TELEPHONE 778 778 0 300986 105711 195275 0 516093 575460 0 0 0 0 0 0 0 17048 17417 168409 6984 161425 161425 0 0 0 0 260000 260000 954566 1014302 260455 260456 260455 260456 X 532687 590770 161424 163076 694111 753846 954566 1014302 59735 X false true X true false X X 2 COMMONWEALTH OF PENNSYLVANIA 236003112 6 true 0 0 CITY OF PHILADELPHIA 236003047 6 true 0 0 2 0 true false false false false false false false false false false false false false false true false 161425 161425 6984 6984 161425 RESTRICTED CASH 260000 260000 HEALTH INSURANCE PAYABLE 456 SECURITY DEPOSIT PAYABLE 260000 260456 Form 990, Part VI, Section B, Line 11b The Audit Committee of the Board of Directors meets with the corporation's auditors to review the corporation's audited financial statement before it is furnished to The Board of Directors for its review. The Executive Director, with the assistance of the corporation's counsel, reviews the Form 990, which is based on the audit, checking its entries against the data in the audited financial statement,and also checking the accuracy of the responses to questions regarding corporate policies and procedures. The Form 990 is given to the Audit Committee to review. The reviewed copies are given to the other two members prior to submittal. Form 990, Part VI, Section C, Line 19 Governing Documents Disclosure Explanation- The corporation's governing documents, conflict of interest policy and financial statements are available to the public upon request.