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Nonprofit · EIN 20-3625660

DIAMOND STATE C L T INC

Tax-exempt · DOVER, DE 19904

Financials

$18K$89K2022$145K$39K2023$208K$74K2024
Revenue Expenses · by fiscal year end
Financials of DIAMOND STATE C L T INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$207,978$74,484$133,494$1,147,894$743,214$404,680
June 30, 2024990$144,931$38,655$106,276$736,041$464,855$271,186
June 30, 2023990$18,244$88,871-$70,627$546,821$381,911$164,910
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$69,907
of which government grants
$63,978
Program service revenue
$67,994
Investment income
$0
Other revenue
$70,077

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$696
Travel
$2,954
Program services (functional)
$68,380
Management and general (functional)
$6,104

Balance sheet and other

Total assets, start of year
$736,041
Total assets, end of year
$1,147,894
Total liabilities, end of year
$743,214
Net assets, end of year
$404,680
Land, buildings and equipment
$168,012
Net assets without donor restrictions
$376,497
Net assets with donor restrictions
$28,183
Gross receipts
$207,978
Employees
0
Year formed
2006
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
DEBORAH GALONSKYPRESIDENT
Trustee or director, Officer
0.25$0
KATHY FANSLERVICE PRESIDE
Trustee or director, Officer
0.25$0
BIANCA MERSBOARD MEMBER
Trustee or director, Officer
0.25$0
TRISH KELLEHERSECRETARY
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 4 people
NameTitleHours / weekCompensation
DEBORAH GALONSKYVICE PRESIDE
Trustee or director, Officer
0.25$0
KATHY FANSLERSECRETARY
Trustee or director, Officer
0.25$0
BIANCA MERSTREASURER
Trustee or director, Officer
0.25$0
TRISH KELLEHERDIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
JOAN FITZGERALDPRESIDENT
Trustee or director, Officer
0.25$0
KATHY FANSLERSECRETARY
Trustee or director, Officer
0.25$0
DANIEL WANGDIRECTOR
Trustee or director, Officer
0.25$0
DEBORAH GALONSKYVICE PRESIDE
Trustee or director, Officer
0.25$0
TRISH KELLEHERDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
363 SAULSBURY RD, DOVER, DE 19904-2722
In care of
% VAN TEMPLE
Principal officer (990 for 2024)
DEBORAH GALONSKY, 19413 JINGLE SHELL WAY SUITE 6, LEWES, DE 19958
Signed the 990
AMY PRATT, EXECUTIVE DIRECTOR
Phone
(443) 480-1797
Return prepared by
FAW CASSON & CO LLP

Mission

TO STRENGTHEN DELAWARE COMMUNITIES BY CREATING AND STEWARDING FOREVER AFFORDABLE HOUSING TO LOW-MODERATE INCOME INDIVIDUALS AND FAMILIES WHILE PROMOTING SUSTAINABLE USE OF THE LAND.

990 for the year ended June 30, 2025

Program accomplishments

  • LAND IS THE MOST CRITICAL FACTOR IN DETERMINING THE COST OF A NEW HOME. THE DIAMOND STATE CLT ("DSCLT") COMMUNITY LAND TRUST MAKES HOUSING AFFORDABLE BY THE UNIQUE METHOD OF SHARING EQUITY GAINS BETWEEN THE CLT AND THE HOMEOWNER., THEREBY LESSENING THE IMPACT OF LAND AND LOCATIONAL FACTORS AND ALLOWING THE HOME TO REMAIN AFFORDABLE HOUSING TO MODEST INCOME HOUSEHOLDS THAT WILL REMAIN AFFORDABLE FOR FUTURE GENERATIONS. FURTHER, THE ORGANIZATION PROMOTES THE CONCEPT THAT THE FUNDING IT RECEIVES TO HELP MAKE THOSE HOMES AFFORDABLE SHOULD BE PRESERVED OVER THE LONG-TERM SO THAT FUTURE GENERATIONS ILL BE ABLE TO AFFORD HOME OWNERSHIP. DSCLT HAS PRESERVED OVER 4.2 MILLION IN PUBLIC INVESTMENT.
    Expenses $68,380 · revenue $67,994

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-3625660
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2006
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,147,894
Income (IRS master file)
$207,978

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$207,978$74,484$1,147,894IRS
990June 2024$144,931$38,655$736,041XML
990June 2023$18,244$88,871$546,821XML
990June 2022$44,965$83,520$310,959IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3625660).

Questions about DIAMOND STATE C L T INC

What is the EIN of DIAMOND STATE C L T INC?
The employer identification number (EIN) of DIAMOND STATE C L T INC is 20-3625660.
Is DIAMOND STATE C L T INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to DIAMOND STATE C L T INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DIAMOND STATE C L T INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DIAMOND STATE C L T INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DIAMOND STATE C L T INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DIAMOND STATE C L T INC?
The 990 for the year ended June 30, 2025 names DEBORAH GALONSKY.
Who are the officers and directors of DIAMOND STATE C L T INC?
The 990 for the year ended June 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does DIAMOND STATE C L T INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $207,978, expenses of $74,484 and total assets of $1,147,894 at year end.

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