Nonprofit · EIN 46-3438335
VCPEIT
Also known as MATTHEW PENNEY
Tax-exempt (reinstated) · CLAYMONT, DE 19703
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $292,882 | $260,975 | $31,907 | $118,348 | $0 | $118,348 |
| December 31, 2023 | 990-EZ | $156,162 | $123,695 | $32,467 | $86,441 | $0 | $86,441 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $292,882
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $6,430
Balance sheet and other
- Total assets, start of year
- $86,441
- Total assets, end of year
- $118,348
- Total liabilities, end of year
- $0
- Net assets, end of year
- $118,348
- Net assets without donor restrictions
- $118,348
- Gross receipts
- $292,882
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2020
- 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 |
|---|---|---|---|
| MATTHEW PENNEY | PRESIDENT Trustee or director, Officer | 2 | $0 |
| RYAN DONNON | DIRECTOR Trustee or director | 2 | $0 |
| JOSHUA KIRKES | DIRECTOR Trustee or director | 2 | $0 |
| MANUEL BERNAL | DIRECTOR Trustee or director | 2 | $0 |
| EDWARD HO | DIRECTOR Trustee or director | 2 | $0 |
| ENRIQUE IVAN FLORES | DIRECTOR Trustee or director | 2 | $0 |
| MICHAEL DECARO | DIRECTOR Trustee or director | 2 | $0 |
| LEO FITZPATRICK | DIRECTOR Trustee or director | 2 | $0 |
| KERRY BUCKLEY | DIRECTOR Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOY KNOX | DIRECTOR | 2 | $0 |
| MICHAEL DECARO | DIRECTOR | 2 | $0 |
| RYAN DONNON | DIRECTOR | 2 | $0 |
| EDWARD HO | DIRECTOR | 2 | $0 |
| JOSHUA KIRKES | DIRECTOR | 2 | $0 |
| MANUEL BERNAL | DIRECTOR | 2 | $0 |
| LEO FITZPATRICK | DIRECTOR | 2 | $0 |
| ENRIQUE IVAN FLORES | DIRECTOR (AS OF 9/23) | 2 | $0 |
| MATTHEW PENNEY | PRESIDENT | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2093 PHILADELPHIA PIKE 3220, CLAYMONT, DE 19703-2424
- In care of
- % JOY KNOX
- Principal officer (990 for 2024)
- MATTHEW PENNEY, 2093 PHILADELPHIA PIKE 3220, CLAYMONT, DE 19703
- Signed the 990
- MATTHEW PENNEY, PRESIDENT
- Phone
- (617) 948-3694
- Website
- WWW.VCPEIT.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
FOCUSING ON FOSTERING COLLEGIAL RELATIONSHIPS WITH PEER FIRMS TO STRENGTHEN RESOURCES AND CAMARADERIE WHILE LEARNING AND STRENGTHENING OUR TECHNICAL RESOURCES AND INCREASE INNOVATION.
Program accomplishments
- THE VCPEIT CONFERENCE IS AN ANNUAL CONFERENCE WITH 75-80 IT DECISION MAKERS ACROSS THE VENTURE CAPITAL, PRIVATE EQUITY, AND ALTERNATIVE ASSET MARKET TO MEET WITH 5-7 SPONSORS IN VARYING AREAS OF TECHNOLOGY SOLUTIONS AND SERVICES. DURING THE CONFERENCE, WE ARE ABLE TO HAVE DEEP DIVE TECHNICAL DEMO'S AND DISCUSSIONS WITH THESE SPONSORS AS WELL AS PARTICIPATE IN ROUNDTABLE USER DISCUSSIONS, WHICH SOME SPONSORS ARE INCLUDED TO PARTICIPATE. THESE HAVE BEEN VERY VALUABLE IN A UNIQUE SETTING THAT OFFERS CANDID INSIGHT, THE SUCCESSES AND PITFALLS OF CERTAIN VENDORS, PRODUCTS, SERVICES, ETC. THINK OF IT AS THE MOST TECHNICAL AND HANDS-ON, REAL-WORLD PRODUCT RESEARCH, USER EXPERIENCE, AND PRODUCT DEVELOPMENT ROUNDTABLE.
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-EZ on file |
IRS record
- EIN
- 46-3438335
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $118,348
- Income (IRS master file)
- $292,882
Revocation and reinstatement
- Exemption revoked
- May 15, 2018
- Posted by the IRS
- August 13, 2018
- Reinstated
- Effective May 15, 2018
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $292,882 | $260,975 | $118,348 | XML |
| 990-EZ | December 2023 | $156,162 | $123,695 | $86,441 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990 | December 2016 | – | – | – | 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 46-3438335).
Questions about VCPEIT
- What is the EIN of VCPEIT?
- The employer identification number (EIN) of VCPEIT is 46-3438335.
- Is VCPEIT tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
- Are donations to VCPEIT tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VCPEIT 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 VCPEIT 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 VCPEIT 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 VCPEIT?
- The 990 for the year ended December 31, 2024 names MATTHEW PENNEY.
- Who are the officers and directors of VCPEIT?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does VCPEIT have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $292,882, expenses of $260,975 and total assets of $118,348 at year end.
Other nonprofits in CLAYMONT
- VITALISM INTERNATIONAL FOUNDATION EIN 93-3821753 · last filed 990 for 2025
- CLAYMONT RENAISSANCE DEVELOPMENT CORPORATION INC EIN 20-2265151 · last filed 990 for 2024
- NEW KNOLLWOOD COMMUNITY CENTER INC EIN 51-0378587 · last filed 990-EZ for 2025
- OIX ASSOCIATION EIN 46-3326593 · last filed 990-EZ for 2024
- PUL ALLIANCE FOR DIGITAL HEALTH AND EQUITY INC EIN 93-2765595 · last filed 990-EZ for 2023
- AMERICAN COLLEGE OF NURSE PRACTITIONER FACULTY EIN 47-3851348 · last filed 990-N for 2025
- COLLECTIVELY OPEN INC EIN 93-3409680 · last filed 990-N for 2025
- GREEN ACRES CIVIC ASSOCIATION INC EIN 51-0331444 · last filed 990-N for 2025
All nonprofits in CLAYMONT · Delaware · Community improvement and capacity building