Nonprofit · EIN 82-2881997
DELAWARE PROSPERITY PARTNERSHIP INC
Also known as WILLIAM K FOREMAN
Tax-exempt · WILMINGTON, DE 19801
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,210,956 | $3,173,036 | $37,920 | $3,064,590 | $410,387 | $2,654,203 |
| December 31, 2024 | 990 | $3,191,555 | $3,210,332 | -$18,777 | $3,149,350 | $533,067 | $2,616,283 |
| December 31, 2023 | 990 | $2,860,513 | $3,427,310 | -$566,797 | $3,281,664 | $646,604 | $2,635,060 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,163,500
- of which government grants
- $2,280,000
- Program service revenue
- $0
- Investment income
- $47,456
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,633,349
- Salaries, compensation and benefits (total)
- $1,829,988
- Professional fundraising fees
- $0
- Legal fees
- $4,020
- Accounting fees
- $46,342
- Occupancy
- $137,721
- Travel
- $1,704
- Depreciation
- $1,662
- Program services (functional)
- $2,471,452
- Management and general (functional)
- $564,553
- Fundraising (functional)
- $137,031
Balance sheet and other
- Total assets, start of year
- $3,149,350
- Total assets, end of year
- $3,064,590
- Total liabilities, end of year
- $410,387
- Net assets, end of year
- $2,654,203
- Land, buildings and equipment
- $6,490
- Net assets without donor restrictions
- $2,654,203
- Gross receipts
- $3,210,956
- Employees
- 14
- Volunteers
- 0
- Year formed
- 2017
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM KURT FOREMAN | FORMER PRESIDENT AND CEO Trustee or director, Officer | 40 | $281,678 | $9,180 |
| REBECCA HARRINGTON | INTERIM PRESIDENT AND CEO Highest-paid employee | 40 | $188,467 | $0 |
| CHALRES MADDEN | DIRECTOR OF BUSINESS & TALENT Highest-paid employee | 40 | $157,766 | $5,072 |
| NOAH OLSON | VICE PRESIDET OF INNOVATION Highest-paid employee | 40 | $140,080 | $7,321 |
| JOSEPH LEWIS III | DIRECTOR OF MARKETING & EX Highest-paid employee | 40 | $132,193 | $6,925 |
| CHRISTOPHER KELLY | DIRECTOR OF ECONOMIC RESEARCHER Highest-paid employee | 40 | $123,060 | $3,227 |
| BETH BRAND | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| WILLIAM BUSH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROB RIDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JACK WALSH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN PETTYJOHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT HERRERA | CO CHAIRMAN Trustee or director | 1 | $0 | $0 |
| LYNDON YEARICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ED CAPODANNO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RODMAN WARD III | BOARD MEMBER Trustee or director, Officer | 1 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FAYETTA BLAKE | AUDIT CHAIR Trustee or director, Officer | 1 | $0 |
| RODGER LEVENSON | CO CHAIRMAN Trustee or director | 1 | $0 |
| PATRICK CALLAHAN | BOARD MEMBER Trustee or director | 1 | $0 |
| TONY EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 |
| CHERESE WINSTEAD | BOARD MEMBER Trustee or director | 1 | $0 |
| DR SUZANNE SYSKO CLOUGH | BOARD MEMBER Trustee or director | 1 | $0 |
| SHANE BREAKIE | BOARD MEMBER Trustee or director | 1 | $0 |
| WHITNEY SWEENEY | BOARD MEMBER Trustee or director | 1 | $0 |
| MALCOLM COLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| DESA BURTON | BOARD MEMBER Trustee or director | 1 | $0 |
| DR DANIEL FREEMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JOHN GAVENONIS | BOARD MEMBER Trustee or director | 1 | $0 |
| JEANNE MELL | BOARD MEMBER Trustee or director | 1 | $0 |
| STEVE MONTGOMERY | BOARD MEMBER Trustee or director | 1 | $0 |
| THE HON MATT MEYER | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY MURPHY | BOARD MEMBER Trustee or director | 1 | $0 |
| EMILIE NINAN | BOARD MEMBER Trustee or director | 1 | $0 |
| LISA SCHMIDT | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULA SWAIN | BOARD MEMBER Trustee or director | 1 | $0 |
| DR KRIS VADDI | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT WITTIG | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 24 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM KURT FOREMAN | CEO Trustee or director, Officer | 40 | $284,202 | $11,073 |
| REBECCA HARRINGTON | DIRECTOR OF BUSINESS DEVEL Highest-paid employee | 40 | $177,879 | $0 |
| CHALRES MADDEN | DIRECTOR OF BUSINESS DEVEL Highest-paid employee | 40 | $155,590 | $4,425 |
| NOAH OLSEN | DIRECTOR OF INNOVATION Highest-paid employee | 40 | $128,465 | $6,367 |
| JOSEPH LEWIS III | DIRECTOR OF MARKETING & EX Highest-paid employee | 40 | $129,631 | $4,994 |
| DESMOND BAKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GREGG MOORE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM BUSH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROB RIDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JACK WALSH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN PETTYJOHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT HERRERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LYNDON YEARICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN CARNEY JR | CO CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RODMAN WARD III | CO-CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| FAYETTA BLAKE | AUDIT CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| RODGER LEVENSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH BRAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TONY EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHERESE WINSTEAD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHANE BREAKIE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WHITNEY SWEENEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD WILKINS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DESA BURTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM KURT FOREMAN | CEO Trustee or director, Officer | 40 | $278,232 | $9,502 |
| REBECCA HARRINGTON | DIRECTOR OF BUSINESS DEVEL Highest-paid employee | 40 | $172,122 | $1,749 |
| CHARLES MADDEN | DIRECTOR OF TALENT SERVICE Highest-paid employee | 40 | $157,807 | $3,793 |
| NOAH OLSEN | DIRECTOR OF INNOVATION Highest-paid employee | 40 | $127,720 | $5,410 |
| JOSEPH LEWIS III | DIRECTOR OF MARKETING & EX Highest-paid employee | 40 | $119,709 | $4,576 |
| DESMOND BAKER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| GREGG MOORE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILLIAM BUSH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROB RIDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JACK WALSH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRIAN PETTYJOHN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ROBERT HERRERA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LYNDON YEARICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN CARNEY JR | CO CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| RODMAN WARD III | CO-CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| FAYETTA BLAKE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RODGER LEVENSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETH BRAND | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TONY EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHERESE WINSTEAD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICK CALLAHAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ERIK CHEEK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DONEENE DAMON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| TRAVIS HASTINGS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NICK LAMBROW | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1007 N ORANGE ST SUITE 317, WILMINGTON, DE 19801-1239
- In care of
- % JOHN RILEY
- Principal officer (990 for 2025)
- REBECCA HARRINGTON, 1007 NORTH ORANGE STREET SUITE 317, WILMINGTON, DE 19801
- Signed the 990
- REBECCA HARRINGTON, INTERIM CEO
- Phone
- (302) 477-7497
- Website
- WWW.CHOOSEDELAWARE.COM
- Return prepared by
- WHEELER WOLFENDEN & DWARES PA
Mission
TO LEAD THE STATE OF DELAWARE'S ECONOMIC DEVELOPMENT EFFORTS.
Program accomplishments
- ACTIVITIES DEVELOPED TO ENHANCE BUSINESS RECRUITMENT, PROMOTE ENTREPRENUERSHIP AND INNOVATION, SUPPORT WORKFORCE DEVELOPMENT EFFORTS, AND PRODUCE FORWARD LOOKING ANALYSIS ON ECONOMIC TRENDS TO BEST POSITION DELAWARE'S ECONOMY TO GROW.Expenses $2,471,452
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 | 990 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
- 82-2881997
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $3,064,590
- Income (IRS master file)
- $3,210,956
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,210,956 | $3,173,036 | $3,064,590 | XML |
| 990 | December 2024 | $3,191,555 | $3,210,332 | $3,149,350 | XML |
| 990 | December 2023 | $2,860,513 | $3,427,310 | $3,281,664 | XML |
| 990 | December 2022 | $3,121,078 | $3,052,024 | $3,511,837 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 82-2881997).
Questions about DELAWARE PROSPERITY PARTNERSHIP INC
- What is the EIN of DELAWARE PROSPERITY PARTNERSHIP INC?
- The employer identification number (EIN) of DELAWARE PROSPERITY PARTNERSHIP INC is 82-2881997.
- Is DELAWARE PROSPERITY PARTNERSHIP INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to DELAWARE PROSPERITY PARTNERSHIP INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DELAWARE PROSPERITY PARTNERSHIP 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 DELAWARE PROSPERITY PARTNERSHIP INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DELAWARE PROSPERITY PARTNERSHIP INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of DELAWARE PROSPERITY PARTNERSHIP INC?
- The 990 for the year ended December 31, 2025 names REBECCA HARRINGTON.
- Who are the officers and directors of DELAWARE PROSPERITY PARTNERSHIP INC?
- The 990 for the year ended December 31, 2025 lists 36 people; 6 received compensation from the organization, the highest $281,678 (WILLIAM KURT FOREMAN, FORMER PRESIDENT AND CEO).
- How much revenue does DELAWARE PROSPERITY PARTNERSHIP INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,210,956, expenses of $3,173,036 and total assets of $3,064,590 at year end.
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