Nonprofit · EIN 23-3094874
DIAMOND CITY PARTNERSHIP INC
Tax-exempt · WILKES BARRE, PA 18701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,165,598 | $847,326 | $318,272 | $564,959 | $9,008 | $555,951 |
| December 31, 2023 | 990 | $668,571 | $627,784 | $40,787 | $285,895 | $48,216 | $237,679 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $862,445
- of which government grants
- $602,333
- Program service revenue
- $303,152
- Investment income
- $1
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $22,200
- Compensation of officers, directors and key employees
- $118,574
- Other salaries and wages
- $76,475
- Salaries, compensation and benefits (total)
- $210,658
- Professional fundraising fees
- $0
- Accounting fees
- $18,046
- Occupancy
- $17,024
- Travel
- $7,655
- Depreciation
- $7,017
- Program services (functional)
- $710,890
- Management and general (functional)
- $114,052
- Fundraising (functional)
- $22,384
Balance sheet and other
- Total assets, start of year
- $285,895
- Total assets, end of year
- $564,959
- Total liabilities, end of year
- $9,008
- Net assets, end of year
- $555,951
- Land, buildings and equipment
- $26,495
- Net assets without donor restrictions
- $65,772
- Net assets with donor restrictions
- $490,179
- Gross receipts
- $1,165,598
- Employees
- 3
- Volunteers
- 47
- Year formed
- 2001
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAWRENCE NEWMAN | EXECUTIVE DIRECTOR Officer | 40 | $118,574 |
| ROBERT BORWICK | CHAIR Trustee or director, Officer | 1 | $0 |
| ZUBEEN SAEED | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JOEL ZITOFSKY | SECRETARY Trustee or director, Officer | 1 | $0 |
| JANET KOBYLSKI | TREASURER Trustee or director, Officer | 1 | $0 |
| JAMES CASEY | DIRECTOR Trustee or director | 1 | $0 |
| GUS GENETTI | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH MARQUIS | DIRECTOR Trustee or director | 1 | $0 |
| JERRY WALSH | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE BROWN | DIRECTOR Trustee or director | 1 | $0 |
| LINDSAY GRIFFIN-BOYLAN | DIRECTOR Trustee or director | 1 | $0 |
| JOHN MADAY | DIRECTOR Trustee or director | 1 | $0 |
| GREG MORGAN | DIRECTOR Trustee or director | 1 | $0 |
| PATRICIA PARKS | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL WOOD | DIRECTOR Trustee or director | 1 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JILL AVERY-STOSS | DIRECTOR Trustee or director | 1 | $0 |
| GREG BARROUK | DIRECTOR Trustee or director | 1 | $0 |
| RUTH BORLAND | DIRECTOR Trustee or director | 1 | $0 |
| NICK DYE | DIRECTOR Trustee or director | 1 | $0 |
| DAVID JOLLEY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM JONES | DIRECTOR Trustee or director | 1 | $0 |
| JOHN MALTA | DIRECTOR Trustee or director | 1 | $0 |
| KERRY MISCAVAGE | DIRECTOR Trustee or director | 1 | $0 |
| BRYANNE SALVO | DIRECTOR Trustee or director | 1 | $0 |
| JOELL YARMEL | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT ZANICKY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 29 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LARRY NEWMAN | EXECUTIVE DIRECTOR Officer | 40 | $113,297 |
| MICHAEL WOOD | CHAIR Trustee or director, Officer | 1 | $0 |
| ROBERT BORWICK | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JAMES CASEY | SECRETARY Trustee or director, Officer | 1 | $0 |
| CHARLES BARBER | TREASURER Trustee or director, Officer | 1 | $0 |
| GREG BARROUK | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN M BARROUK | DIRECTOR Trustee or director | 1 | $0 |
| JIM BELL | DIRECTOR Trustee or director | 1 | $0 |
| RUTH BORLAND | DIRECTOR Trustee or director | 1 | $0 |
| TONY BROOKS | DIRECTOR Trustee or director | 1 | $0 |
| JOELL YARMEL | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN DOUGHTON | DIRECTOR Trustee or director | 1 | $0 |
| GUS GENETTI | DIRECTOR Trustee or director | 1 | $0 |
| V SCOTT KOERWER | DIRECTOR Trustee or director | 1 | $0 |
| LINDSAY GRIFFIN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID JOLLEY | DIRECTOR Trustee or director | 1 | $0 |
| WILLIAM JONES | DIRECTOR Trustee or director | 1 | $0 |
| JANET KOBYLSKI | DIRECTOR Trustee or director | 1 | $0 |
| JOHN MADAY | DIRECTOR Trustee or director | 1 | $0 |
| JOHN MALTA | DIRECTOR Trustee or director | 1 | $0 |
| KENNETH MARQUIS | DIRECTOR Trustee or director | 1 | $0 |
| JACK MCNULTY | DIRECTOR Trustee or director | 1 | $0 |
| KERRY MISCAVAGE | DIRECTOR Trustee or director | 1 | $0 |
| TERI OOMS | DIRECTOR Trustee or director | 1 | $0 |
| PATRICIA PARKS | DIRECTOR Trustee or director | 1 | $0 |
| ZUBEEN SAEED | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT ZANICKY | DIRECTOR Trustee or director | 1 | $0 |
| JOEL ZITOFSKY | DIRECTOR Trustee or director | 1 | $0 |
| GEORGE BROWN | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4 PUBLIC SQ, WILKES BARRE, PA 18701-1901
- Principal officer (990 for 2024)
- ROBERT BORWICK, 4 PUBLIC SQUARE, WILKESBARRE, PA 18701
- Signed the 990
- ROBERT BORWICK, CHAIR
- Phone
- (570) 208-9737
- Website
- WBDCP.ORG
- Return prepared by
- LAWRENCE CABLE AND COMPANY LLP
Mission
DIAMOND CITY PARTNERSHIP, INC. IS WILKES-BARRE'S DOWNTOWN REVITALIZATION ORGANIZATION: THE CARETAKER OF THE COMMUNITY'S VISION FOR DOWNTOWN WILKES-BARRE. THE ORGANIZATION'S DEFINED MISSION IS TO FORM AN ALLIANCE OF ORGANIZATIONS, BUSINESSES, AND INDIVIDUALS IN ORDER TO PLAN AND IMPLEMENT REVITALIZATION STRATEGIES FOR AREAS LOCATED WITHIN THE CITY OF WILKES-BARRE, PENNSYLVANIA.
Program accomplishments
- TO ADMINISTER PROGRAMS AND SERVICES THAT FOCUSES ON CREATING NEW MARKETING AND BUSINESS DEVELOPMENT INITIATIVES THAT WOULD BUILD ON DIAMOND CITY PARTNERSHIP INC.'S EXISTING FOUNDATION OF "CLEAN AND SAFE" ACTIVITIES AND PROMOTE DOWNTOWN WILKES-BARRE CITY TO NEW AUDIENCES. TO PROVIDE ASSISTANCE TO THE CITY OF WILKES-BARRE, PA, IN CLEANING CITY STREETS AND SIDEWALKS AND PROVIDING EXTRA SECURITY. THIS PROGRAM IS BEING ACCOMPLISHED BY ADMINISTERING THE CITY'S BUSINESS IMPROVEMENT DISTRICT PROGRAM.Expenses $710,236 · grants $21,700 · revenue $303,152
- RESIDENTIAL IMPROVEMENT PROGRAM.Expenses $654 · grants $500
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 | Not 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
- 23-3094874
- 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
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $564,959
- Income (IRS master file)
- $1,165,598
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,165,598 | $847,326 | $564,959 | IRS |
| 990 | December 2023 | $668,571 | $627,784 | $285,895 | XML |
| 990 | December 2022 | $679,754 | $576,400 | $245,379 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 23-3094874).
Questions about DIAMOND CITY PARTNERSHIP INC
- What is the EIN of DIAMOND CITY PARTNERSHIP INC?
- The employer identification number (EIN) of DIAMOND CITY PARTNERSHIP INC is 23-3094874.
- Is DIAMOND CITY PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to DIAMOND CITY PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DIAMOND CITY PARTNERSHIP 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 CITY PARTNERSHIP INC 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 DIAMOND CITY PARTNERSHIP INC 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 DIAMOND CITY PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 names ROBERT BORWICK.
- Who are the officers and directors of DIAMOND CITY PARTNERSHIP INC?
- The 990 for the year ended December 31, 2024 lists 26 people; 1 received compensation from the organization, the highest $118,574 (LAWRENCE NEWMAN, EXECUTIVE DIRECTOR).
- How much revenue does DIAMOND CITY PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,165,598, expenses of $847,326 and total assets of $564,959 at year end.
Other nonprofits in WILKES BARRE
- JUNIOR LEAGUE OF WILKES-BARRE INC EIN 23-6297641 · last filed 990-EZ for 2025
- IMMIGRANT INTEGRATION PROGRAM EIN 88-0653888 · last filed 990-N for 2025
- WILKES-BARRE POWER INC EIN 46-1749102 · last filed 990-N for 2024
- DOWNTOWN WILKES-BARRE BUSINESS ASSOCIATION EIN 45-3354632 · last filed 990-N for 2025
- GATHER COMMUNITY SPACE EIN 86-3386011 · last filed 990-N for 2023
- WILKES BARRE METROPOLITAN DEVELOPMENT CORP EIN 23-2992394 · last filed 990-N for 2025
- WILKES UNIVERSITY EIN 24-0795506 · last filed 990 for 2025
- STEP BY STEP INC EIN 23-2053563 · last filed 990 for 2025
All nonprofits in WILKES BARRE · Pennsylvania · Community improvement and capacity building