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Nonprofit · EIN 51-0320157

SYNETICS CORPORATION

Tax-exempt · WILMINGTON, DE 19805

Financials

$593K$564K2022$1.4M$662K2024
Revenue Expenses · by fiscal year end
Financials of SYNETICS CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,420,476$662,298$758,178$3,880,699$946,506$2,934,193
June 30, 2023990$593,319$563,716$29,603$2,470,053$1,148,153$1,321,900
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$716,946
Investment income
$703,530
Net gain from sales of assets
$658,019
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$3,587
Professional fundraising fees
$0
Accounting fees
$12,010
Occupancy
$217,464
Travel
$2,247
Depreciation
$148,329
Program services (functional)
$612,393
Management and general (functional)
$49,905

Balance sheet and other

Total assets, start of year
$3,280,487
Total assets, end of year
$3,880,699
Total liabilities, end of year
$946,506
Net assets, end of year
$2,934,193
Land, buildings and equipment
$2,603,472
Publicly traded securities
$1,090,412
Net assets without donor restrictions
$2,934,193
Gross receipts
$1,558,987
Employees
0
Volunteers
7
Year formed
1989
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.

NameTitleHours / weekCompensation
HAROLD BOZEMANBOARD MEMBER
Trustee or director
–$0
WADE G JONESBOARD MEMBER
Trustee or director
–$0
JOE MANFRETREASURER
Trustee or director, Officer
–$0
AARON MITCHELLPRESIDENT
Trustee or director, Officer
–$0
MIKELLE MORRISSECRETARY
Trustee or director
–$0
VAN SHEA SEDITABOARD MEMBER
Trustee or director
–$0
MARIE WENZELCEO
Trustee or director, Officer
–$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
DR JOSHUA THOMASPRESIDENT
Trustee or director, Officer
1$0
MERTON B BRIGGSTREASURER
Trustee or director, Officer
0.25$0
EDWARD MCNALLYSECRETARY
Trustee or director, Officer
0.25$0
SARAH GALBRAITHBOD
Trustee or director
0.25$0
DR MICHAEL BARBIERIBOD
Trustee or director
0.25$0
BURLEY MELTONBOD
Trustee or director
0.25$0
DR LISA DELEONARDOBOD
Trustee or director
0.25$0
SIMON SHUTEBOD
Trustee or director
0.25$0
LT HAROLD BOZEMANBOD
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
2400 W 4TH ST, WILMINGTON, DE 19805-3306
In care of
% FRAZIER VAN VELSOR
Principal officer (990 for 2024)
MARIE WENZEL, 2400 WEST 4TH ST, WILMINGTON, DE 19899
Signed the 990
MARIE WENZEL, CEO
Phone
(302) 427-0787
Return prepared by
LANK JOHNSON & TULL CPAS

Mission

AFFORDABLE HOUSING FOR THE MENTALLY ILL

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE AND DEVELOP LOW COST HOUSING FOR THE MENTALLY ILL

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024Check at the IRS

IRS record

EIN
51-0320157
Tax-exempt status
501(c)(2): Title-holding corporation
Donations deductible
No
Exempt since
1990
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,880,699
Income (IRS master file)
$1,558,987

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,420,476$662,298$3,880,699IRS
990June 2023$593,319$563,716$2,470,053XML
990June 2022$520,160$564,810$2,500,737IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 51-0320157).

Questions about SYNETICS CORPORATION

What is the EIN of SYNETICS CORPORATION?
The employer identification number (EIN) of SYNETICS CORPORATION is 51-0320157.
Is SYNETICS CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 1990.
Are donations to SYNETICS CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SYNETICS 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 SYNETICS 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 SYNETICS 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 SYNETICS CORPORATION?
The 990 for the year ended June 30, 2025 names MARIE WENZEL.
Who are the officers and directors of SYNETICS CORPORATION?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SYNETICS CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,420,476, expenses of $662,298 and total assets of $3,880,699 at year end.

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