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Nonprofit · EIN 22-2680037

NEW MANAYUNK CORP

Tax-exempt · PHILADELPHIA, PA 19127

Financials

$2.3M$1.9M2023$2.4M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of NEW MANAYUNK CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,416,294$2,418,094-$1,800$3,675,939$2,026,891$1,649,048
December 31, 2023990$2,267,077$1,893,209$373,868$3,796,739$2,136,453$1,660,286
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$463,731
of which government grants
$426,156
Membership dues
$37,575
Program service revenue
$1,889,634
Investment income
$62,929
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$146,871
Salaries, compensation and benefits (total)
$621,654
Professional fundraising fees
$0
Legal fees
$16,606
Accounting fees
$12,150
Occupancy
$37,320
Depreciation
$134,442
Program services (functional)
$1,671,139
Management and general (functional)
$746,955

Balance sheet and other

Total assets, start of year
$3,796,739
Total assets, end of year
$3,675,939
Total liabilities, end of year
$2,026,891
Net assets, end of year
$1,649,048
Land, buildings and equipment
$1,879,033
Net assets without donor restrictions
$1,649,048
Gross receipts
$2,416,294
Employees
0
Volunteers
50
Year formed
1985
State of legal domicile
PA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
GWEN MCCAULEYEXECUTIVE DIRECTOR
Trustee or director, Key employee, Highest-paid employee
40$146,871
CHRIS MAGUIREPRESIDENT
Trustee or director, Officer
1$0
MATTHEW GAMBONEBOARD MEMBER
Trustee or director, Officer
1$0
SU-SHAN LAIBOARD MEMBER
Trustee or director
1$0
BRENDAN MCGREWBOARD MEMBER
Trustee or director
1$0
BRANDY DEIESOBOARD MEMBER
Trustee or director
1$0
ROB NEDUCSINBOARD MEMBER
Trustee or director
1$0
PAUL RYANBOARD MEMBER
Trustee or director
1$0
BILL O'BRIENBOARD MEMBER
Trustee or director
1$0
BRUCE COOPER JRBOARD MEMBER
Trustee or director
1$0
TIM KELLYBOARD MEMBER
Trustee or director
1$0
RHIANNON SMITHBOARD MEMBER
Trustee or director
1$0
JD HOLDENBOARD MEMBER
Trustee or director
1$0
BRIAN CORCODILOSBOARD MEMBER
Trustee or director
1$0
KELLY MAGUIREBOARD MEMBER
Trustee or director
1$0
7 more people on this return
NameTitleHours / weekCompensation
SEAN MCGRENAGHANBOARD MEMBER
Trustee or director
1$0
JAMIE BLOODBOARD MEMBER
Trustee or director
1$0
DAVID LEEBOARD MEMBER
Trustee or director
1$0
CHRISTINE ERTZBOARD MEMBER
Trustee or director
1$0
KELLY ORENSHAWBOARD MEMBER
Trustee or director
1$0
DAVID RICHARDSBOARD MEMBER
Trustee or director
1$0
ANTHONY IMPERIALEBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 22 people
NameTitleHours / weekCompensation
GWEN MCCAULEYEXECUTIVE DIRECTOR
Trustee or director, Key employee, Highest-paid employee
40$0
CHRIS MAGUIREPRESIDENT
Trustee or director, Officer
1$0
MATTHEW GAMBONEBOARD MEMBER
Trustee or director, Officer
1$0
SU-SHAN LAIBOARD MEMBER
Trustee or director
1$0
BRENDAN MCGREWBOARD MEMBER
Trustee or director
1$0
BRANDY DEIESOBOARD MEMBER
Trustee or director
1$0
ROB NEDUCSINBOARD MEMBER
Trustee or director
1$0
IVAN ROABOARD MEMBER
Trustee or director
1$0
BILL O'BRIENBOARD MEMBER
Trustee or director
1$0
DANNY OFFENBACHERBOARD MEMBER
Trustee or director
1$0
TIM KELLYBOARD MEMBER
Trustee or director
1$0
PARIS ROSEBOARD MEMBER
Trustee or director
1$0
JD HOLDENBOARD MEMBER
Trustee or director
1$0
KOSTA FOTIADISBOARD MEMBER
Trustee or director
1$0
KELLY MAGUIREBOARD MEMBER
Trustee or director
1$0
KRISTEN KOCHENOURBOARD MEMBER
Trustee or director
1$0
TARA ACOSTABOARD MEMBER
Trustee or director
1$0
BRUCE COOPERBOARD MEMBER
Trustee or director
1$0
CHRISTINE ERTZBOARD MEMBER
Trustee or director
1$0
KELLY ORENSHAWBOARD MEMBER
Trustee or director
1$0
KRISTA WEIDERBOARD MEMBER
Trustee or director
1$0
MARK JERDEBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
106 GRAPE ST, PHILADELPHIA, PA 19127-1402
Principal officer (990 for 2024)
GWEN MCCAULEY, 106 GRAPE STREET, PHILADELPHIA, PA 19127
Signed the 990
GWEN MCCAULEY, ACTING EXECUTIVE DIRECTOR
Phone
(215) 482-9565
Return prepared by
JOHN E MCGOVERN & ASSOCIATES PC

Mission

COMMUNITY DEVELOPMENT CORPORATION FORMED TO ENCOURAGE ECONOMIC DEVELOPMENT THAT BENEFITS THE ENTIRE COMMUNITY OF MANAYUNK.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION INCURS EXPENSES FOR COMMUNITY EVENTS INCLUDING STREETS FESTIVALS, ARTS FESTIVALS, AND SPECIAL EVENTS IN ORDER TO PROMOTE AND STIMULATE TRADE AND IMPROVE CONDITIONS IN THE COMMUNITY.
    Expenses $813,632 · revenue $518,015
  • THE ORGANIZATION RECEIVED A GRANT AND INCURS EXPENSES RELATED TO THE IMPROVEMENT OF THE CANAL AREA AND WATERFRONT REVITALIZATION IN MANAYUNK IN ORDER TO IMPROVE THE CONDITIONS IN THE COMMUNITY.
    Expenses $296,640 · revenue $326,156
  • THE ORGANIZATION INCURS EXPENSES FOR DISTRICT MAINTENANCE AND SECURITY IN ORDER TO MAKE THE COMMUNITY ENVIRONMENT CLEAN AND SAFE.
    Expenses $548,867 · revenue $338,228
  • THE ORGANIZATION INCURS EXPENSES FOR DISTRICT INITIATIVES FOR YOUTH PROGRAMS,SECURITY AND COMMUNITY PROGRAMS.
    Expenses $12,000 · revenue $70,955
  • MANAYUNK VISTOR CENTER THE ORGANIZATION INCURS EXPENSES FOR COMMUNITY EVENTS
    revenue $33,380

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2680037
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,675,939
Income (IRS master file)
$2,416,294

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,416,294$2,418,094$3,675,939IRS
990December 2023$2,267,077$1,893,209$3,796,739XML
990December 2022$1,903,736$1,529,260$3,533,398IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about NEW MANAYUNK CORP

What is the EIN of NEW MANAYUNK CORP?
The employer identification number (EIN) of NEW MANAYUNK CORP is 22-2680037.
Is NEW MANAYUNK CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to NEW MANAYUNK CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW MANAYUNK CORP 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 NEW MANAYUNK CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW MANAYUNK CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of NEW MANAYUNK CORP?
The 990 for the year ended December 31, 2024 names GWEN MCCAULEY.
Who are the officers and directors of NEW MANAYUNK CORP?
The 990 for the year ended December 31, 2024 lists 22 people; 1 received compensation from the organization, the highest $146,871 (GWEN MCCAULEY, EXECUTIVE DIRECTOR).
How much revenue does NEW MANAYUNK CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,416,294, expenses of $2,418,094 and total assets of $3,675,939 at year end.

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