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Nonprofit · EIN 27-3709704

EMERGING ENTERPRISE CENTER INC

Also known as EEC

Tax-exempt · WILMINGTON, DE 19801

Financials

$491K$475K2023$499K$487K2024
Revenue Expenses · by fiscal year end
Financials of EMERGING ENTERPRISE CENTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$498,769$486,753$12,016$1,454,874$749,067$705,807
December 31, 2023990$491,225$474,573$16,652$1,744,534$1,050,743$693,791
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$261,000
of which government grants
$250,000
Program service revenue
$97,941
Investment income
$64
Net rental income
$139,764
Other revenue
$139,764

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$89,473
Salaries, compensation and benefits (total)
$114,081
Professional fundraising fees
$0
Accounting fees
$11,500
Occupancy
$255,112
Depreciation
$4,998
Program services (functional)
$384,078
Management and general (functional)
$81,338
Fundraising (functional)
$21,337

Balance sheet and other

Total assets, start of year
$1,744,534
Total assets, end of year
$1,454,874
Total liabilities, end of year
$749,067
Net assets, end of year
$705,807
Land, buildings and equipment
$85,256
Net assets without donor restrictions
$595,030
Net assets with donor restrictions
$110,777
Gross receipts
$498,769
Employees
0
Volunteers
7
Year formed
2013
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
YVONNE DEADWYLERPRESIDENT & CEO
Trustee or director, Officer
3$0
TIM BOULDENDIRECTOR
Trustee or director
0.5$0
JOSEPH FITZGERALDDIRECTOR
Trustee or director
0.5$0
NEIL KILIANDIRECTOR
Trustee or director
0.5$0
MARK OLAZAGASTIDIRECTOR
Trustee or director
0.5$0
ALEXANDRA PARKOWSKIDIRECTOR
Trustee or director
0.5$0
MATTHEW PARKSDIRECTOR
Trustee or director
0.5$0
CHRISTINE SCHILTZDIRECTOR (UNTIL 06/24)
Trustee or director
0.5$0
NEIL STALTERDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgs
BOB CHADWICKPRESIDENT
Trustee or director, Officer
3$0$211,594
TIM BOULDENDIRECTOR
Trustee or director
0.5$0$0
MARK OLAZAGASTIDIRECTOR
Trustee or director
0.5$0$0
NEIL KILIANDIRECTOR
Trustee or director
0.5$0$0
CHRISTINE SCHILTZDIRECTOR
Trustee or director
0.5$0$0
Joseph FitzgeraldDirector
Trustee or director
0.5$0$0
Alexandra ParkowskiDirector
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
900 JUSTISON ST 920, WILMINGTON, DE 19801-5150
In care of
% THE ORGANIZATION
Principal officer (990 for 2024)
YVONNE DEADWYLER, 900 JUSTISON ST 920, WILMINGTON, DE 19801
Signed the 990
YVONNE DEADWYLER, PRESIDENT & CEO
Phone
(302) 737-4343
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

SEE SCHEDULE OTO ENHANCE THE CHANCES FOR SUCCESS OF PERSONS STARTING NEW BUSINESSES, BY FACILITATING THE EDUCATION AND BUSINESS SKILL DEVELOPMENT, THROUGH A COMPREHENSIVE PROGRAM OF SUPPORT, ADVICE AND ACCESS, SO THAT THEY CAN GRADUATE WITH SUSTAINABLE BUSINESS MODEL WHICH WILL ENABLE THEM TO SUBSTANTIALLY CONTRIBUTE TO THE SOCIAL MISSION OF IMPROVING THE OVERALL ECONOMIC HEALTH OF THE REGION.

990 for the year ended December 31, 2024

Program accomplishments

  • THE EMERGING ENTERPRISE CENTER IS A BUSINESS INCUBATOR AND ACCELERATOR AS AN INITIATIVE OF NEW CASTLE COUNTY CHAMBER OF COMMERCE THAT OFFERS 5,000 SQUARE FEET OF AFFORDABLE OFFICE, CONFERENCE AND CO-WORKING SPACE, BUSINESS TRAINING, MENTORSHIP AND NETWORKING OPPORTUNITIES TO HELP START-UPS GROW AND SUCCEED.
    Expenses $384,078 · revenue $237,705

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
27-3709704
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
2013
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,454,874
Income (IRS master file)
$498,769

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$498,769$486,753$1,454,874XML
990December 2023$491,225$474,573$1,744,534XML
990December 2022$780,144$457,131$1,965,516IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 27-3709704).

Questions about EMERGING ENTERPRISE CENTER INC

What is the EIN of EMERGING ENTERPRISE CENTER INC?
The employer identification number (EIN) of EMERGING ENTERPRISE CENTER INC is 27-3709704.
Is EMERGING ENTERPRISE CENTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to EMERGING ENTERPRISE CENTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMERGING ENTERPRISE CENTER 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 EMERGING ENTERPRISE CENTER 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 EMERGING ENTERPRISE CENTER 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 EMERGING ENTERPRISE CENTER INC?
The 990 for the year ended December 31, 2024 names YVONNE DEADWYLER.
Who are the officers and directors of EMERGING ENTERPRISE CENTER INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does EMERGING ENTERPRISE CENTER INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $498,769, expenses of $486,753 and total assets of $1,454,874 at year end.

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