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Nonprofit · EIN 51-6018256

OLD BRANDYWINE VILLAGE INC

Tax-exempt · WILMINGTON, DE 19802

Financials

$32K$139K2023$28K$26K2024
Revenue Expenses · by fiscal year end
Financials of OLD BRANDYWINE VILLAGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$27,673$25,525$2,148$140,466$23,167$117,299
December 31, 2023990-EZ$31,941$138,513-$106,572$137,452$22,301$115,151
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$27,182
Other revenue
$491

Expenses

Grants and similar amounts paid
$9,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,750
Occupancy
$866
Other expenses
$12,409
Program services (functional)
$9,500

Balance sheet and other

Total assets, start of year
$137,452
Total assets, end of year
$140,466
Total liabilities, end of year
$23,167
Net assets, end of year
$117,299
Cash, savings and investments
$127,563
Gross receipts
$27,673

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JENNA PROSCENOPRESIDENT2$0
JIM SHANAHANVICE PRESIDENT2$0
MICHAEL LOONEYTREASURER2$0
BEVERLY WARDSECRETARY1$0
PRISCILLA RAKESTRAWDIRECTOR1$0
ERIC RUSSELLDIRECTOR1$0
JAMES RUSSELLDIRECTOR1$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
jim shanahanVice President2$0
MICHAEL LOONEYTREASURER2$0
BOBBI BRITTONboard member1$0
priscilla rakestrawboard member1$0
Beverly WardSecretary1$0
Jenna Proscenoboard member1$0

Address and contacts

Address (IRS master file)
1907 N MARKET ST, WILMINGTON, DE 19802-4812
In care of
% MICHAEL FRANKLIN LOONEY
Mailing address (990-N for 2017)
1907 North Market Street, Wilmington DE 19802
Principal officer (990-N for 2017)
Michael Franklin Looney, 110 Gibson Avenue, Wilmington DE 19803
Signed the 990-EZ
MICHAEL LOONEY, TREASURER
Phone
(302) 652-3008
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO PROMOTE THE HISTORICAL PRESERVATION AND THE ECONOMIC AND COMMERCIAL DEVELOPMENT OF BRANDYWINE VILLAGE AND ADJACENT NEIGHBORHOODS AS A DYNAMIC COMMUNITY THAT CAPITALIZES ON ITS PREMIER LOCATION AS A NEXUS OF HERITAGE ASSETS, NATURAL RESOURCES, AND PROXIMITY TO DOWNTOWN WILMINGTON

990-EZ for the year ended December 31, 2024

Program accomplishments

  • TO ENSURE THE PRESERVATION OF HISTORIC ASSETS, THE REDEVELOPMENT OF EXISTING PROPERTY, AND THE RENEWALS OF COMMUNITY THROUGH THE DELIVERY OF OPPORTUNITIES AND SERVICES AS DEFINED BY OBV RESIDENTS.
    Expenses $9,500 · grants $9,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
51-6018256
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
1964
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$140,466
Income (IRS master file)
$27,673

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$27,673$25,525$140,466IRS
990-EZDecember 2023$31,941$138,513$137,452XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS
990-N for 2017
Officer: Michael Franklin Looney
December 31, 2017≤ $50,000 receipts––e-Postcard

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 51-6018256).

Questions about OLD BRANDYWINE VILLAGE INC

What is the EIN of OLD BRANDYWINE VILLAGE INC?
The employer identification number (EIN) of OLD BRANDYWINE VILLAGE INC is 51-6018256.
Is OLD BRANDYWINE VILLAGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1964.
Are donations to OLD BRANDYWINE VILLAGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OLD BRANDYWINE VILLAGE INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of OLD BRANDYWINE VILLAGE 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 OLD BRANDYWINE VILLAGE INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of OLD BRANDYWINE VILLAGE INC?
The 990-N for 2017 names Michael Franklin Looney.
Who are the officers and directors of OLD BRANDYWINE VILLAGE INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does OLD BRANDYWINE VILLAGE INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $27,673, expenses of $25,525 and total assets of $140,466 at year end.

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