Nonprofit · EIN 27-3709704
EMERGING ENTERPRISE CENTER INC
Also known as EEC
Tax-exempt · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $498,769 | $486,753 | $12,016 | $1,454,874 | $749,067 | $705,807 |
| December 31, 2023 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YVONNE DEADWYLER | PRESIDENT & CEO Trustee or director, Officer | 3 | $0 |
| TIM BOULDEN | DIRECTOR Trustee or director | 0.5 | $0 |
| JOSEPH FITZGERALD | DIRECTOR Trustee or director | 0.5 | $0 |
| NEIL KILIAN | DIRECTOR Trustee or director | 0.5 | $0 |
| MARK OLAZAGASTI | DIRECTOR Trustee or director | 0.5 | $0 |
| ALEXANDRA PARKOWSKI | DIRECTOR Trustee or director | 0.5 | $0 |
| MATTHEW PARKS | DIRECTOR Trustee or director | 0.5 | $0 |
| CHRISTINE SCHILTZ | DIRECTOR (UNTIL 06/24) Trustee or director | 0.5 | $0 |
| NEIL STALTER | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| BOB CHADWICK | PRESIDENT Trustee or director, Officer | 3 | $0 | $211,594 |
| TIM BOULDEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MARK OLAZAGASTI | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| NEIL KILIAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRISTINE SCHILTZ | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| Joseph Fitzgerald | Director Trustee or director | 0.5 | $0 | $0 |
| Alexandra Parkowski | Director 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
- Website
- WWW.EECINCUBATOR.COM
- 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.
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 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
- 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
- Category (NTEE)
- Community improvement and capacity building (S19)
- Assets (IRS master file)
- $1,454,874
- Income (IRS master file)
- $498,769
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $498,769 | $486,753 | $1,454,874 | XML |
| 990 | December 2023 | $491,225 | $474,573 | $1,744,534 | XML |
| 990 | December 2022 | $780,144 | $457,131 | $1,965,516 | 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 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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All nonprofits in WILMINGTON · Delaware · Community improvement and capacity building