Nonprofit · EIN 51-0257372
DELAWARE COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $232,146 | $242,930 | -$10,784 | $71,269 | $16,767 | $54,502 |
| June 30, 2024 | 990 | $204,918 | $644,682 | -$439,764 | $131,665 | $24,985 | $106,680 |
| June 30, 2023 | 990 | $169,911 | $254,928 | -$85,017 | $586,141 | $39,697 | $546,444 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $232,146
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $71,518
- Other salaries and wages
- $44,299
- Salaries, compensation and benefits (total)
- $126,597
- Professional fundraising fees
- $0
- Occupancy
- $17,669
- Travel
- $4,601
- Depreciation
- $2,246
- Program services (functional)
- $218,316
- Management and general (functional)
- $24,614
Balance sheet and other
- Total assets, start of year
- $131,665
- Total assets, end of year
- $71,269
- Total liabilities, end of year
- $16,767
- Net assets, end of year
- $54,502
- Net assets without donor restrictions
- $54,502
- Gross receipts
- $232,146
- Employees
- 2
- Volunteers
- 12
- Year formed
- 1979
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERRI DUKE | EXECUTIVE DIRECTOR Officer | 30 | $71,518 |
| JANET DOUGHERTY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HEATH N KAHRS | TREASURER Trustee or director, Officer | 1 | $0 |
| STANLEY F SOJA JR | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHAEL HAHN | MEMBER Trustee or director | 1 | $0 |
| JEFF FLYNN | MEMBER Trustee or director | 1 | $0 |
| FREDERICK H MITSDARFER III | MEMBER Trustee or director | 1 | $0 |
| MARGO REIGN | MEMBER Trustee or director | 1 | $0 |
| ALISON S MITCHELL | MEMBER Trustee or director | 1 | $0 |
| NOAH OLSON | MEMBER Trustee or director | 1 | $0 |
| J BRETT TAYLOR | MEMBER Trustee or director | 1 | $0 |
| SEAN PARK | MEMBER Trustee or director | 1 | $0 |
| DAVE ARCHER | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DANIELS | EXECUTIVE DIRECTOR Officer | 30 | $94,581 |
| JANET DOUGHERTY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HEATH N KAHRS | TREASURER Trustee or director, Officer | 1 | $0 |
| STANLEY F SOJA JR | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHAEL HAHN | MEMBER Trustee or director | 1 | $0 |
| JEFF FLYNN | MEMBER Trustee or director | 1 | $0 |
| FREDERICK H MITSDARFER III | MEMBER Trustee or director | 1 | $0 |
| MARGO REIGN | MEMBER Trustee or director | 1 | $0 |
| ALISON S MITCHELL | MEMBER Trustee or director | 1 | $0 |
| NOAH OLSON | MEMBER Trustee or director | 1 | $0 |
| J BRETT TAYLOR | MEMBER Trustee or director | 1 | $0 |
| SEAN PARK | MEMBER Trustee or director | 1 | $0 |
| DAVE ARCHER | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID DANIELS | EXECUTIVE DIRECTOR Officer | 30 | $76,287 |
| JANET DOUGHERTY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| HEATH N KAHRS | TREASURER Trustee or director, Officer | 1 | $0 |
| STANLEY F SOJA JR | SECRETARY Trustee or director, Officer | 1 | $0 |
| MICHAEL HAHN | MEMBER Trustee or director | 1 | $0 |
| JEFF FLYNN | MEMBER Trustee or director | 1 | $0 |
| FREDERICK H MITSDARFER III | MEMBER Trustee or director | 1 | $0 |
| WILLIE F HENRY | MEMBER Trustee or director | 1 | $0 |
| MARGO REIGN | MEMBER Trustee or director | 1 | $0 |
| ALISON S MITCHELL | MEMBER Trustee or director | 1 | $0 |
| NOAH OLSON | MEMBER Trustee or director | 1 | $0 |
| J BRETT TAYLOR | MEMBER Trustee or director | 1 | $0 |
| SEAN PARK | MEMBER Trustee or director | 1 | $0 |
| DAVE ARCHER | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 W 10TH ST STE 214, WILMINGTON, DE 19801-1641
- In care of
- % DELAWARE COMMUNITY DEVELOPMENT
- Principal officer (990 for 2024)
- TERRI DUKE, 100 WEST 10TH STREEET 214, WILMINGTON, DE 19801
- Signed the 990
- TERRI DUKE, EXECUTIVE DIRECTOR
- Phone
- (302) 571-9088
- Website
- WWW.WEDCO.ORG
- Return prepared by
- BARBACANE THORNTON & COMPANY LLP
Mission
TO FINANCE CAPITAL BUSINESS ASSETS AND ASSIST SMALL BUSINESSES IN OBTAINING ADDITIONAL FINANCING FROM LOCAL BANKS.
Program accomplishments
- 504/503 PROGRAM - MARKETS, UNDERWRITES, MANAGES, AND SERVICES LOANS WHICH ARE USED TO PURCHASE EQUIPMENT AND REAL ESTATE. DCDC DOES NOT FUND THESE LOANS.Expenses $218,316 · revenue $232,146
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0257372
- 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
- 2000
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $71,269
- Income (IRS master file)
- $232,146
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $232,146 | $242,930 | $71,269 | IRS |
| 990 | June 2024 | $204,918 | $644,682 | $131,665 | IRS |
| 990 | June 2023 | $169,911 | $254,928 | $586,141 | XML |
| 990 | June 2022 | $197,077 | $225,304 | $653,508 | IRS |
| 990 | June 2021 | $262,659 | $185,964 | $672,789 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 51-0257372).
Questions about DELAWARE COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of DELAWARE COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of DELAWARE COMMUNITY DEVELOPMENT CORPORATION is 51-0257372.
- Is DELAWARE COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to DELAWARE COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does DELAWARE COMMUNITY 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 DELAWARE COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DELAWARE COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DELAWARE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names TERRI DUKE.
- Who are the officers and directors of DELAWARE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $71,518 (TERRI DUKE, EXECUTIVE DIRECTOR).
- How much revenue does DELAWARE COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $232,146, expenses of $242,930 and total assets of $71,269 at year end.
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All nonprofits in WILMINGTON · Delaware · Community improvement and capacity building