Nonprofit · EIN 23-2939646
PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION
Tax-exempt · EAGLEVILLE, PA 19408
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $360,721 | $300,986 | $59,735 | $1,014,302 | $260,456 | $753,846 |
| December 31, 2024 | 990 | $298,040 | $253,426 | $44,614 | $954,566 | $260,455 | $694,111 |
| December 31, 2023 | 990 | $389,891 | $227,780 | $162,111 | $987,195 | $337,698 | $649,497 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $207
- Program service revenue
- $0
- Investment income
- $21,764
- Net rental income
- $338,750
- Other revenue
- $338,750
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $109,273
- Salaries, compensation and benefits (total)
- $134,165
- Professional fundraising fees
- $0
- Legal fees
- $10,207
- Accounting fees
- $23,773
- Travel
- $250
- Depreciation
- $1,651
- Program services (functional)
- $105,711
- Management and general (functional)
- $195,275
Balance sheet and other
- Total assets, start of year
- $954,566
- Total assets, end of year
- $1,014,302
- Total liabilities, end of year
- $260,456
- Net assets, end of year
- $753,846
- Land, buildings and equipment
- $161,425
- Net assets without donor restrictions
- $590,770
- Net assets with donor restrictions
- $163,076
- Gross receipts
- $360,721
- Employees
- 1
- Year formed
- 1997
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA M CHAMBERS | Executive Dir. Officer | 40 | $109,273 | $16,391 |
| MANUEL N STAMATAKIS | Chairman Trustee or director | 1 | $0 | $0 |
| MICHAEL J ACKER | Treasurer Trustee or director | 1 | $0 | $0 |
| WILLIAM P HANKOWSKY | Secretary Trustee or director | 1 | $0 | $0 |
| JOHN SALER | Director Trustee or director | 1 | $0 | $0 |
| JIM SNELL | Director Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA M CHAMBERS | EXEC DIR Officer | 40 | $106,000 | $32,136 |
| MANUEL N STAMATAKIS | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| MICHAEL J ACKER | TREASURER Trustee or director | 1 | $0 | $0 |
| WILLIAM P HANKOWSKY | SECRETARY Trustee or director | 1 | $0 | $0 |
| JOHN SALER | MEMBER Trustee or director | 1 | $0 | $0 |
| JIM SNELL | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LISA M CHAMBERS | EXEC DIR Officer | 40 | $103,000 | $14,722 |
| MANUEL N STAMATAKIS | CHAIRPERSON Trustee or director | 1 | $0 | $0 |
| MICHAEL J ACKER | TREASURER Trustee or director | 1 | $0 | $0 |
| WILLIAM P HANKOWSKY | SECRETARY Trustee or director | 1 | $0 | $0 |
| JOHN SALER | MEMBER Trustee or director | 1 | $0 | $0 |
| JIM SNELL | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 586, EAGLEVILLE, PA 19408-0586
- In care of
- % D DOUGLAS PEEL
- Principal officer (990 for 2025)
- LISA M CHAMBERS, PO BOX 586, EAGLEVILLE, PA 19403
- Signed the 990
- LISA M CHAMBERS, Executive Director
- Phone
- (215) 465-2363
- Return prepared by
- LOCKE & WELSH PC
Mission
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
Program accomplishments
- 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.Expenses $105,711
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2939646
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S020)
- Assets (IRS master file)
- $1,014,302
- Income (IRS master file)
- $360,721
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $360,721 | $300,986 | $1,014,302 | XML |
| 990 | December 2024 | $298,040 | $253,426 | $954,566 | XML |
| 990 | December 2023 | $389,891 | $227,780 | $987,195 | XML |
| 990 | December 2022 | $392,103 | $223,821 | $994,472 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 23-2939646).
Questions about PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION
- What is the EIN of PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION is 23-2939646.
- Is PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION 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 PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names LISA M CHAMBERS.
- Who are the officers and directors of PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $109,273 (LISA M CHAMBERS, Executive Dir.).
- How much revenue does PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $360,721, expenses of $300,986 and total assets of $1,014,302 at year end.
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All nonprofits in EAGLEVILLE · Pennsylvania · Community improvement and capacity building