2026-07-06T16:15:05-05:00 2025-04-30 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990EZ 2024-05-01 223735303 THE DELAWARE VALLEY 7X24 EXCHANGE INC DELA 2157855950 115 SINCLAIR ROAD BRISTOL PA 19007 NICHOLAS FORTUNE TREASURER 2157855950 2026-06-30 1 1 GERALD COVENEY P01592641 2156433900 2026-06-24 2024 2025-03-06 01:10:19Z X X WWW.7X24EXCHANGEDELVAL.ORG X X 198199 X 198199 198199 1050 634 132090 133774 64425 99421 0 163846 99421 163846 99421 163846 0 0 99421 163846 X THE DELAWARE VALLEY CHAPTER SERVES INFORMATION TECHNOLOGY AND FACILITIES PROFESSIONALS IN THE NEW JERSEY, PENNSYLVANIA AND DELAWARE MARKETS, BY PROVIDING A LOCAL FORUM FOR INFORMATION EXCHANGE. IN ADDITION TO CONFERENCES AT THE NATIONAL AND CHAPTER LEVELS, WE ALSO PROVIDE FOR ONLINE EXCHANGE OF INFORMATION THROUGH OUR STANDARDS AND MESSAGE BOARD SECTIONS OF OUR WEBSITE. HOLD MEETINGS TO EDUCATE ITS MEMBERS ON INFORMATION SERVICES TO PROMOTE BETTER UNDERSTANDING OF THE DESIGN OF THESE SYSTEMS. 0 132724 132724 X JANINE REPINE EXECUTIVE DIRECTOR 5.00 0 0 0 NICHOLAS FORTUNE TREASURER AS OF JULY 2024 0.50 0 0 0 COLE BEVANS TREASURER TO MAY 2024 0.50 0 0 0 LAUREN BARBIR DIRECTOR 1.00 0 0 0 MATT LANDRO DIRECTOR 0.50 0 0 0 WILLIAM LEDECKE DIRECTOR 0.50 0 0 0 MICHAEL RINALDI DIRECTOR 0.10 0 0 0 JESSICA THORNTON DIRECTOR 4.00 0 0 0 BERNARD RUZZO DIRECTOR 0.10 0 0 0 PHIL RYBAK DIRECTOR 0.50 0 0 0 NICKLAUS SMITH DIRECTOR 0.50 0 0 0 MICHAEL ANZALONE DIRECTOR TO JULY 2024 0.10 0 0 0 X 0 0 0 0 0 0 0 0 NICHOLAS FORTUNE 115 SINCLAIR ROAD BRISTOL PA 19007 8566160032 0 0 0 0 0 0 0 FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: MEETING EXPENSE. AMOUNT: 129,263. DESCRIPTION: BANK CHARGES & CREDIT CARD PROCESSING FEES. AMOUNT: 2,827. TOTAL TO FORM 990-EZ, LINE 16: 132,090. THE ORGANIZATION RESPECTFULLY REQUESTS ABATEMENT OF ANY PENALTIES ASSOCIATED WITH THE LATE FILING OF ITS FORM 990-EZ FOR THE YEAR ENDED APRIL 30, 2025. THIS IS THE FIRST INSTANCE IN WHICH THE ORGANIZATION HAS FAILED TO TIMELY FILE ITS ANNUAL RETURN. THE ORGANIZATION HAS A CONSISTENT HISTORY OF COMPLIANCE WITH ITS FEDERAL FILING OBLIGATIONS AND THEREFORE BELIEVES IT QUALIFIES FOR RELIEF UNDER THE IRS'S FIRST-TIME PENALTY ABATEMENT (FTA) ADMINISTRATIVE WAIVER.THE ORGANIZATION IS A SMALL TAX-EXEMPT ENTITY OPERATED ENTIRELY BY VOLUNTEERS AND DOES NOT HAVE ANY DEDICATED ADMINISTRATIVE PERSONNEL. THE ORGANIZATION HAS A HISTORY OF COMPLIANCE, AND THIS IS THE FIRST INSTANCE IN WHICH IT HAS FAILED TO MEET ITS FILING DEADLINE. IN RESPONSE, THE ORGANIZATION HAS IMPLEMENTED IMPROVED INTERNAL PROCEDURES TO ENSURE TIMELY COLLECTION AND SUBMISSION OF INFORMATION GOING FORWARD, INCLUDING EARLIER COORDINATION WITH ITS TAX PREPARERS AND DESIGNATION OF SPECIFIC VOLUNTEERS RESPONSIBLE FOR FINANCIAL REPORTING.THIS DELAY WAS NOT DUE TO WILLFUL NEGLECT BUT RATHER TO LIMITATIONS INHERENT IN A VOLUNTEER-RUN STRUCTURE, INCLUDING CHALLENGES IN COORDINATING SCHEDULES, GATHERING RECORDS FROM MULTIPLE INDIVIDUALS, AND ENSURING TIMELY INTERNAL COMMUNICATION. UPON RECOGNIZING THE DELAY, THE ORGANIZATION WORKED DILIGENTLY TO COMPILE AND PROVIDE ALL REQUIRED INFORMATION AND TO COMPLETE THE FILING AS PROMPTLY AS POSSIBLE.BASED ON THE FOREGOING, THE ORGANIZATION BELIEVES IT EXERCISED ORDINARY BUSINESS CARE AND PRUDENCE TO THE EXTENT POSSIBLE UNDER ITS CIRCUMSTANCES AND RESPECTFULLY REQUESTS THAT ANY LATE FILING PENALTIES BE ABATED.BASED ON THE ORGANIZATION'S PRIOR COMPLIANCE HISTORY AND THE CIRCUMSTANCES DESCRIBED ABOVE, IT RESPECTFULLY REQUESTS THAT PENALTIES BE ABATED UNDER THE IRS'S FIRST-TIME PENALTY ABATEMENT POLICY OR, ALTERNATIVELY, DUE TO REASONABLE CAUSE. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.