Civic Intelligence

Delaware Valley Regional Economic Development Fund

990 • Fiscal year 2020 • EIN 23-2801099

Jul 01, 2019 to Jun 30, 2020 • Filed on May 07, 2021

Organization ProfileWWW.DVREDF.ORG
1500 Market Street 12th FL East TPhiladelphia, PA 19102

(215) 531-7450

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2020 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

99th percentile

323%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$101,680

Higher top officer pay than 33% of similar nonprofits.

2020 filings • 501(c)4 • $25M-$50M nonprofits • Source year 2020

Asset Growth

25th percentile

-2.9%

Faster asset growth than 25% of similar nonprofits.

2020 filings • 501(c)4 • $25M-$50M nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets18th percentile

Assets

Down

$27,050,503

Down $806,849 (-2.9%) from 2019

Net Assets

Down

$26,778,409

Down $1,055,395 (-3.8%) from 2019

Liabilities

Up

$272,094

Up $248,546 (+1055%) from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin99th percentile

Revenue

Down

-$875,442

Down $2,083,028 (-172%) from 2019

Expenses

Up

$1,955,276

Up $1,097,336 (+128%) from 2019

Net Income

Down

-$2,830,718

Down $3,180,364 (-910%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2011: $20,190,153Liabilities 2011: $47,020Net Assets 2011: $20,143,1332011Assets 2012: $19,516,746Liabilities 2012: $30,155Net Assets 2012: $19,486,5912012Assets 2013: $20,669,102Liabilities 2013: $16,533Net Assets 2013: $20,652,5692013Assets 2014: $22,887,715Liabilities 2014: $95,427Net Assets 2014: $22,792,2882014Assets 2015: $23,315,514Liabilities 2015: $7,978Net Assets 2015: $23,307,5362015Assets 2016: $22,393,278Liabilities 2016: $35,852Net Assets 2016: $22,357,4262016Assets 2017: $24,669,779Liabilities 2017: $32,393Net Assets 2017: $24,637,3862017Assets 2018: $27,282,421Liabilities 2018: $47,731Net Assets 2018: $27,234,6902018Assets 2019: $27,857,352Liabilities 2019: $23,548Net Assets 2019: $27,833,8042019Assets 2020: $27,050,503Liabilities 2020: $272,094Net Assets 2020: $26,778,4092020Assets 2021: $33,395,418Liabilities 2021: $61,579Net Assets 2021: $33,333,8392021Assets 2022: $35,443,943Liabilities 2022: $51,961Net Assets 2022: $35,391,9822022Assets 2023: $28,149,503Liabilities 2023: $22,899Net Assets 2023: $28,126,6042023

Highlighted filing

2020

Assets$27,050,503
Liabilities$272,094
Net Assets$26,778,409
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0M-$10MExpenses 2011: $605,9132011Expenses 2012: $519,6922012Expenses 2013: $630,3182013Revenue 2014: $1,298,767Expenses 2014: $869,863Net Income 2014: $428,9042014Revenue 2015: $1,647,196Expenses 2015: $317,402Net Income 2015: $1,329,7942015Revenue 2016: $566,423Expenses 2016: $346,501Net Income 2016: $219,9222016Revenue 2017: $469,470Expenses 2017: $361,104Net Income 2017: $108,3662017Revenue 2018: $1,339,978Expenses 2018: $590,631Net Income 2018: $749,3472018Revenue 2019: $1,207,586Expenses 2019: $857,940Net Income 2019: $349,6462019Revenue 2020: -$875,442Expenses 2020: $1,955,276Net Income 2020: -$2,830,7182020Revenue 2021: $1,486,740Expenses 2021: $717,135Net Income 2021: $769,6052021Revenue 2022: $2,146,988Expenses 2022: $891,617Net Income 2022: $1,255,3712022Revenue 2023: $1,185,199Expenses 2023: $7,181,975Net Income 2023: -$5,996,7762023

Highlighted filing

2020

Revenue-$875,442
Expenses$1,955,276
Net Income-$2,830,718
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 7, 2021
Return Version
2019v5.2
Gross Receipts
$531,526
Mission and Program Overview

Mission

To serve southeastern pennsylvania by promoting economic development with job impact, assisting area entities to secure necessary capital to grow and prosper, and supporting and promoting tourism.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$17,024,430$15,464,118▼ $1,560,312
Investments Other Securities$7,962,870$9,397,260▲ $1,434,390
Other Notes and Loans Receivable, Net$541,543$1,679,090▲ $1,137,547
Savings and Temporary Cash Investments$2,241,079$506,566▼ $1,734,513
Total Assets$27,857,352$27,050,503▼ $806,849
Other Assets Total$87,430$3,469▼ $83,961
Liabilities
Grants Payable-$250,000-
Accounts Payable and Accrued Expenses$23,548$22,094▼ $1,454
Total Liabilities$23,548$272,094▲ $248,546
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,771,255$20,275,850▲ $1,504,595
Net Assets With Donor Restrictions$9,062,549$6,502,559▼ $2,559,990
Total Net Assets Fund Balance$27,833,804$26,778,409▼ $1,055,395
Total Liabilities and Net Assets / Fund Balance$27,857,352$27,050,503▼ $806,849

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$2,551,987--
Compensation and Service Providers
Top Officer Pay33rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John CoffmanExecutive DirectorFT$98,680$3,000$101,680

Board Members and Trustees

NameTitle
Thomas J EllisPresident
Albert MezzarobaMember
Gaetano PiccirilliSecretary
Anthony DisandroTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Montgomery Mccracken Walker & Rhoads LlLegal123 S BROAD STREET, Philadelphia, PA 19109$126,638
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$130,833
Investment Income
$-1,044,275
Other Revenue
$38,000
Change in Net Assets
$-2,830,718

Audited Revenue Reconciliation

Revenue per Audited Statements
$-1,144,375
Revenue Not Reported on Financial Statements
$268,933
Revenue Not Reported on Form 990
$1,775,323
Total Revenue per Audited Statements
$630,948
Total Revenue per Form 990
$-875,442
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,260,000
Other Expenses$589,699
Salaries, Compensation, and Employee Benefits$105,577
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,260,000--$1,260,000
Fees for Services Management-$184,760-$184,760
Fees for Services Legal$26,127$104,508-$130,635
Current Officers, Directors, Trustees, and Key Employees$73,519$24,506-$98,025
Advertising$94,298--$94,298
Fees for Service Investment Mgmnt Fees-$84,173-$84,173
Fees for Services Accounting$7,750$30,999-$38,749
Occupancy$18,467$6,156-$24,623
Insurance$14,464$4,822-$19,286
Office Expenses$6,025$2,009-$8,034
Payroll Taxes$5,664$1,888-$7,552
Travel$3,856$1,285-$5,141
Total Functional Expenses$1,510,170$445,106$0$1,955,276

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,955,276
Expenses per Audited Statements$1,686,343
Total Expenses per Audited Statements$1,686,343
Expenses Not Reported on Financial Statements$268,933
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Bucks CountyDoylestown, PA170(b)(1)(a)(v)Support to Strengthen Local Small Businesses Impacted by Covid-19$250,000
Chester CountyWest Chester, PA170(b)(1)(a)(v)Support to Strengthen Local Small Businesses Impacted by Covid-19$250,000
Delaware CountyMedia, PA170(b)(1)(a)(v)Delco Strong Small Business Support Grant Program$250,000
Montgomery CountyNorristown, PA170(b)(1)(a)(v)Montco Strong Small Business Support Grant Program$250,000
Philadelphia FoundationPhiladelphia, PA170(b)(1)(a)(vi)Phl Covid-10 Fund$250,000
Philadelphia FoundationPhiladelphia, PA170(b)(1)(a)(vi)Septa Disaster Relief Memorial Fund$10,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Once the 990 is completed by the tax preparers, it will be reviewed by the executive director. Once approved, and with recommendation, it will be sent to the full board of directors for comment. If no comments are received by the full board, it will be considered approved for submission.”

Form 990, Part VI, Section B, Line 12C

“At the start of each board meeting, board members are asked to state whether any new conflicts have arisen.”

Form 990, Part VI, Section B, Line 15A

“The executive director compensation was determined by use of an independent consultant that provided comparability salary data and assisted in writing the postions job description.”

Form 990, Part VI, Section C, Line 19

“Governing documents are available on guidestar”

Filing and Contact Details

Filer

Filer Name
Delaware Valley Regional Economic
EIN
23-2801099
Phone
2155317450
Address
1500 MARKET STREET 12TH FL EAST T, PHILADELPHIA, PA 19102

Signing Officer

Name
John Coffman
Title
Executive Director
Phone
2155317450
Signed
2021-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Coffman
Formed
1994
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
0

Preparer

Firm
Isdaner & Company LLC
Address
THREE BALA PLAZA SUITE 501 WEST, BALA CYNWYD, PA 19004-3484
Preparer
Edward W Doran CPA
Phone
6106684200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The process has not changed from the prior year”

Financial Statement Notes

PART X, LINE 2:

“Dvredf is exempt from tax under section 501(c)(4) of the internal revenue code. Pursuant to fasb accounting standards codification topic 740, dvredf recognizes tax benefits only if it is more likely than not that a tax position (including dvredf's assertion that its income is exempt from tax) will be sustained upon examination. No liability for uncertain tax positions was recorded as of june 30, 2020.”

Raw XML AppendixShowing 400 of 414 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0130833
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02241079
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0506566
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0268933
IRS990ScheduleD/ExpensesSubtotalAmt01686343
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0268933
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0268933
IRS990ScheduleD/NetUnrealizedGainsInvstAmt01775323
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt06845273
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12551987
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN PARTNERSHIP
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ALTERNATIVE INVESTMENTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt01775323
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0268933
IRS990ScheduleD/RevenueSubtotalAmt0-1144375
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DVREDF IS EXEMPT FROM TAX UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. PURSUANT TO FASB ACCOUNTING STANDARDS CODIFICATION TOPIC 740, DVREDF RECOGNIZES TAX BENEFITS ONLY IF IT IS MORE LIKELY THAN NOT THAT A TAX POSITION (INCLUDING DVREDF'S ASSERTION THAT ITS INCOME IS EXEMPT FROM TAX) WILL BE SUSTAINED UPON EXAMINATION. NO LIABILITY FOR UNCERTAIN TAX POSITIONS WAS RECORDED AS OF JUNE 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt09397260
IRS990ScheduleD/TotalExpensesPerForm990Amt01955276
IRS990ScheduleD/TotalRevenuePerForm990Amt0-875442
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0630948
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01686343
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0250000
IRS990ScheduleI/RecipientTable/CashGrantAmt1250000
IRS990ScheduleI/RecipientTable/CashGrantAmt2250000
IRS990ScheduleI/RecipientTable/CashGrantAmt3250000
IRS990ScheduleI/RecipientTable/CashGrantAmt4250000
IRS990ScheduleI/RecipientTable/CashGrantAmt510000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0170(B)(1)(A)(V)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1170(B)(1)(A)(V)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2170(B)(1)(A)(V)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3170(B)(1)(A)(V)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4170(B)(1)(A)(VI)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5170(B)(1)(A)(VI)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT TO STRENGTHEN LOCAL SMALL BUSINESSES IMPACTED BY COVID-19
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SUPPORT TO STRENGTHEN LOCAL SMALL BUSINESSES IMPACTED BY COVID-19
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2DELCO STRONG SMALL BUSINESS SUPPORT GRANT PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3MONTCO STRONG SMALL BUSINESS SUPPORT GRANT PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4PHL COVID-10 FUND
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5SEPTA DISASTER RELIEF MEMORIAL FUND
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BUCKS COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CHESTER COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2DELAWARE COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3MONTGOMERY COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4PHILADELPHIA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5PHILADELPHIA FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientEIN0231581832
IRS990ScheduleI/RecipientTable/RecipientEIN1231581832
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt055 EAST COURT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1313 WEST MARKET STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2201 WEST FRONT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO BOX 311
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41835 MARKET STREET 2410
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt51835 MARKET STREET 2410
IRS990ScheduleI/RecipientTable/USAddress/CityNm0DOYLESTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm1WEST CHESTER
IRS990ScheduleI/RecipientTable/USAddress/CityNm2MEDIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm3NORRISTOWN
IRS990ScheduleI/RecipientTable/USAddress/CityNm4PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm5PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd5PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd018901
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd119380
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd219063
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd3194040311
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd419103
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd519103
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT RECIPIENTS ARE REQUIRED TO SUBMIT FULL AND COMPLETE REPORTS ON THE THE MANNER IN WHICH THE GRANT FUNDS ARE SPENT AND THE PROGRESS MADE IN ACCOMPLISHING THE PURPOSES OF THE GRANT UPON REQUEST OF THE FUND, WITHIN A REASONABLE AMOUNT OF TIME AFTER CLOSE OF GRANTEE'S FISCAL YEAR, AND UPON COMPLETION OF PROJECT FOR WHICH GRANT WAS MADE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt05
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONCE THE 990 IS COMPLETED BY THE TAX PREPARERS, IT WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR. ONCE APPROVED, AND WITH RECOMMENDATION, IT WILL BE SENT TO THE FULL BOARD OF DIRECTORS FOR COMMENT. IF NO COMMENTS ARE RECEIVED BY THE FULL BOARD, IT WILL BE CONSIDERED APPROVED FOR SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE START OF EACH BOARD MEETING, BOARD MEMBERS ARE ASKED TO STATE WHETHER ANY NEW CONFLICTS HAVE ARISEN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR COMPENSATION WAS DETERMINED BY USE OF AN INDEPENDENT CONSULTANT THAT PROVIDED COMPARABILITY SALARY DATA AND ASSISTED IN WRITING THE POSTIONS JOB DESCRIPTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS ARE AVAILABLE ON GUIDESTAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt027857352
IRS990/TotalAssetsEOYAmt027050503
IRS990/TotalAssetsGrp/BOYAmt027857352
IRS990/TotalAssetsGrp/EOYAmt027050503
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0445106
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01510170
IRS990/TotalFunctionalExpensesGrp/TotalAmt01955276
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023548
IRS990/TotalLiabilitiesEOYAmt0272094
IRS990/TotalLiabilitiesGrp/BOYAmt023548
IRS990/TotalLiabilitiesGrp/EOYAmt0272094
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt027833804
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt026778409
IRS990/TotalOtherCompensationAmt03000
IRS990/TotalProgramServiceExpensesAmt01510170
IRS990/TotalProgramServiceRevenueAmt0130833
IRS990/TotalReportableCompFromOrgAmt098680
IRS990/TotalRevenueGrp/ExclusionAmt0-1044275
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0168833
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-875442
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt027857352
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt027050503
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt01285
IRS990/TravelGrp/ProgramServicesAmt03856
IRS990/TravelGrp/TotalAmt05141
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/USAddress/AddressLine1Txt01500 MARKET STREET 12TH FL EAST TWR
IRS990/USAddress/CityNm0PHILADELPHIA
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019102
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.DVREDF.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN COFFMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02155317450
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DELAWARE VALLEY REGIONAL ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT FUND
ReturnHeader/Filer/BusinessNameControlTxt0DELA
ReturnHeader/Filer/EIN0232801099
ReturnHeader/Filer/PhoneNum02155317450
ReturnHeader/Filer/USAddress/AddressLine1Txt01500 MARKET STREET 12TH FL EAST T
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019102

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$27,050,503
Liabilities
$272,094
Net assets
$26,778,409
Revenue
-$875,442
Expenses
$1,955,276
Net income
-$2,830,718
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$28.1$0.02$28.1$1.19$7.18$6.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$35.4$0.05$35.4$2.15$0.89$1.26
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$33.4$0.06$33.3$1.49$0.72$0.77
2020Detailed filing. Detailed filing data is available for this year.$27.1$0.27$26.8$0.88$1.96$2.83
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.9$0.02$27.8$1.21$0.86$0.35
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.3$0.05$27.2$1.34$0.59$0.75
2017Summary only. Only limited summary data is available for this year.$24.7$0.03$24.6$0.47$0.36$0.11
2016Detailed filing. Detailed filing data is available for this year.$22.4$0.04$22.4$0.57$0.35$0.22
2015Detailed filing. Detailed filing data is available for this year.$23.3$0.01$23.3$1.65$0.32$1.33
2014Summary only. Only limited summary data is available for this year.$22.9$0.10$22.8$1.30$0.87$0.43
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.7$0.02$20.7$0.63
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.5$0.03$19.5$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.2$0.05$20.1$0.61