Civic Intelligence

Souderton-Telford Community Development Corporation

990EZ • Fiscal year 2022 • EIN 46-0494456

Jan 01, 2022 to Dec 31, 2022 • Filed on May 02, 2023

PO Box 75Souderton, PA 18964

(215) 723-6627

Siviq Scores

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

Liabilities / Assets

81st percentile

0.13x

Higher debt load relative to assets than 81% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.03x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

19th percentile

-20%

Higher net margin than 19% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

90th percentile

$40,808

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 30.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

12th percentile

-42%

Faster asset growth than 12% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

62nd percentile

26%

Faster revenue growth than 62% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$35,871

Down $26,126 (-42%) from 2021

Net Assets

Down

$31,285

Down $26,917 (-46%) from 2021

Liabilities

Up

$4,586

Up $791 (+21%) from 2021

Revenue

Up

$134,348

Up $27,484 (+26%) from 2021

Expenses

Up

$161,265

Up $25,071 (+18%) from 2021

Net Income

Up

-$26,917

Up $2,413 (+8.2%) from 2021

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $65,916Liabilities 2010: $0Net Assets 2010: $65,9162010Assets 2011: $47,949Liabilities 2011: $530Net Assets 2011: $47,4192011Assets 2012: $45,640Liabilities 2012: $1,166Net Assets 2012: $44,4742012Assets 2013: $61,806Liabilities 2013: $190Net Assets 2013: $61,6162013Assets 2014: $34,601Liabilities 2014: $17Net Assets 2014: $34,5842014Assets 2015: $17,562Liabilities 2015: $1,934Net Assets 2015: $15,6282015Assets 2016: $49,300Liabilities 2016: $1,800Net Assets 2016: $47,5002016Assets 2017: $58,526Liabilities 2017: $2,610Net Assets 2017: $55,9162017Assets 2018: $57,622Liabilities 2018: $2,633Net Assets 2018: $54,9892018Assets 2019: $64,631Liabilities 2019: $2,048Net Assets 2019: $62,5832019Assets 2020: $89,851Liabilities 2020: $2,319Net Assets 2020: $87,5322020Assets 2021: $61,997Liabilities 2021: $3,795Net Assets 2021: $58,2022021Assets 2022: $35,871Liabilities 2022: $4,586Net Assets 2022: $31,2852022Assets 2023: $67,494Liabilities 2023: $3,281Net Assets 2023: $64,2132023Assets 2024: $84,732Liabilities 2024: $1,428Net Assets 2024: $83,3042024

Highlighted filing

2022

Assets$35,871
Liabilities$4,586
Net Assets$31,285

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $202,1722010Expenses 2011: $236,4652011Revenue 2012: $108,619Expenses 2012: $111,564Net Income 2012: -$2,9452012Revenue 2013: $110,952Expenses 2013: $93,810Net Income 2013: $17,1422013Revenue 2014: $69,319Expenses 2014: $96,351Net Income 2014: -$27,0322014Revenue 2015: $82,790Expenses 2015: $101,746Net Income 2015: -$18,9562015Revenue 2016: $146,459Expenses 2016: $114,587Net Income 2016: $31,8722016Revenue 2017: $147,375Expenses 2017: $138,959Net Income 2017: $8,4162017Revenue 2018: $156,132Expenses 2018: $157,059Net Income 2018: -$9272018Revenue 2019: $164,176Expenses 2019: $156,582Net Income 2019: $7,5942019Revenue 2020: $142,717Expenses 2020: $117,768Net Income 2020: $24,9492020Revenue 2021: $106,864Expenses 2021: $136,194Net Income 2021: -$29,3302021Revenue 2022: $134,348Expenses 2022: $161,265Net Income 2022: -$26,9172022Revenue 2023: $145,564Expenses 2023: $112,636Net Income 2023: $32,9282023Revenue 2024: $121,282Expenses 2024: $102,191Net Income 2024: $19,0912024

Highlighted filing

2022

Revenue$134,348
Expenses$161,265
Net Income-$26,917
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 2, 2023
Return Version
2022v5.0
Gross Receipts
$134,348
Mission and Program Overview

Mission

The purpose of the souderton - telford community development corporation is to promote the development and marketing of distinctive business and culture opportunities for vibrant downtown communities.

The purpose of the souderton community development corporation is to promote the development and marketing of distinctive business and culture opportunities for vibrant downtown communities.

Program Services

DescriptionGrantsExpenses
THE SOUDERTON CDC ("SCDC") WORKS TO IMPROVE THE PUBLIC PERCEPTION BY THE PUBLIC AND POTENTIAL INVESTORS OF THE TOWN OF SOUDERTON. TO ACHIEVE THIS GOAL, THE VOLUNTEERS RUN SEVERAL EVENTS THAT HAVE BECOME PART OF THE LOCAL HERITAGE. THE FIRST IS THE 53-YEAR-OLD SOUDERTON HOLIDAY PARADE. SCDC HAS MADE THE PARADE SELF-SUSTAINING THROUGH DONATIONS BY PARTICIPANTS AND SPONSORSHIPS. THE ATTENDANCE AND THE PARTICIPATION HAS STEADILY INCREASED SINCE SCDC TOOK OVER THE OPERATION. 3RD FRIDAYS FROM MAY THORUGH OCTOBER ARE DATE NIGHT MEETS BLOCK PARTY. PROVIDING FUN FOR THE WHOLE FAMILY, 3RD FRIDAY ALLOWS VISITORS TO MEET NEW AND OLD FRIENDS AS THEY ENJOY LIVE MUSIC, FOOD TRUCKS, BEER AND WINE, ART, ICE CREAM, VENDORS, RETAILERS WITH EXTENDED HOURS AND MORE. SCDC ALSO HANDLES SEVERAL SMALLER EVENTS LIKE THE SOUDERTON TREE LIGHTING CEREMONY OR PARTICIPATES IN LARGER COMMUNITY EVENTS. IN 2014, THE ORGANIZATION ADDED A NEW ANNUAL EVENT IN THE ART JAM (SOUDERTON). THIS EVENT CELEBRATES ARTISTS FROM ALL AREAS AND BRING THEM INTO A GROUP WHERE CROWDS GATHER TO SEE INDIVIDUAL VENDORS, LISTEN TO GREAT MUSIC AND PARTAKE IN OF ALL THE VARIOUS FORMS OF FOOD OFFERED. THESE WILL NOW BE ANNUAL EVENTS BRINGING ALL KINDS OF BUSINESS TO THE AREA. SCDC ALSO WORKS TO COMMUNICATE WITH A GREATER AUDIENCE ABOUT THE QUALITIES OF SOUDERTON. THEY CIRCULATE AN EMAIL NEWSLETTER AT LEAST TWICE A MONTH FULL OF COMMUNITY EVENTS, BUSINESS NEWS AND ANYTHING THAT WOULD ENCOURAGE READERS TO SHOP, WORK OR PLAY IN THE TOWNS. A REVITALIZATION COMMITTEE WAS FORMED TO WORK DIRECTLY WITH MONTGOMERY COUNTY DEPARTMENT OF ECONOMIC DEVELOPMENT TO BRING NEW BUSINESS TO THE DOWNTOWN AREA. THE COMMITTEE WORKS SPECIFICALLY WITH PROPERTY OWNERS THAT HAVE VACANT OR UNDEVELOPED BUSINESSES OR PROPERTIES WITHIN THE BOROUGH. THE COMMITTEE IS DEDICATED TO NEW BUSINESS OWNERS IN TOWN. NEW BUSINESS IS PROMOTED THROUGH SPOTLIGHTS ON THE SOUDERTON CONNECTS WEBSITE, RIBBON CUTTING CEREMONIES AND SOCIAL MEDIA EXPOSURE THROUGH OUR FACEBOOK AND INSTAGRAM PAGES. THE SCDC ALSO SHARES COMMUNITY EVENTS WITH ONLINE CALENDARS OF LOCAL AND REGIONAL NEWSPAPERS AND OTHER RESOURCES. THEY ACTIVELY PARTICIPATE IN REGIONAL MARKETING EFFORTS THROUGH THE VALLEY FORGE CONVENTION AND VISITOR BUREAU'S PUBLICATIONS AND WEBSITES, SEE WWW.MONTCOMAINSTREETS.COM.-$114,154
THE SOUDERTON BUSINESS IMPROVEMENT DISTRICT PROGRAM FUNCTIONS AS A GROUP OF PROPERTY AND BUSINESS OWNERS THAT COOPERATE FINANCIALLY TO PROVIDE MUTUALLY-BENEFICIAL SERVICES THROUGH THE DEFINED AREA.-$47,111
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRISTINE DIVERGIGELISManagerPT$40,808-$40,808
LIZA LEISTERPresidentPT$0--
RICH D'ANTONIOVice PresidePT$0--
EDWARD TOYSecretary-$0--
JONATHAN ATKINSONTreasurer-$0--
JOSH WOODROFFEDirector-$0--
HARRY BOARDMANDirector-$0--
KYLE HOFFDirector-$0--
GINNY VANDENBURGDirector-$0--
DARYL LITTLEFIELDDirector-$0--
KIM LITTLEFIELDDirector-$0--
KYLIE HARRINGTONDirector-$0--
RANDY NYCEDirector-$0--
DEA ROGERSDirector-$0--
CHARLES CROWNDirector-$0--
MARTIN DIVERGIGELISDirector-$0--
Filing and Contact Details

Filer

Filer Name
Souderton Community
EIN
46-0494456
Phone
2157236627
Address
PO BOX 75, SOUDERTON, PA 18964

Signing Officer

Name
Jonathan Atkinson
Title
Treasurer
Phone
2153603139
Signed
2023-05-02

Preparer

Firm
Canon Capital Cpas
Address
484 HARLEYSVILLE PIKE, HARLEYSVILLE, PA 19438
Preparer
Georgia Ls Myers CPA
Phone
2157234881
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 39,049 photography 125 office expenses 635 office supplies 345 internet and telephone 1,979 bank fees 111 merchant fees 933 information technology 800 software 1,165 travel 47 insurance 3,120 dues 301 bid community projects 8,392 events and activities 7,269 committee expense 5,246 volunteer expense 1,500 total 71,017

Form 990-ez, Part II, Line 24

Security deposit 1,650 1,650 total 1,650 1,650

Form 990-ez, Part II, Line 26

Payroll tax and sales tax liability 1,005 4,151 credit card payable 2,790 435

Form 990-ez, Part III

The purpose of the souderton community development corporation is to promote the development and marketing of distinctive business and culture opportunities for vibrant downtown communities.

Form 990-ez, Part III, Line 28

The souderton cdc ("scdc") works to improve the public perception by the public and potential investors of the town of souderton. To achieve this goal, the volunteers run several events that have become part of the local heritage. The first is the 53-year-old souderton holiday parade. Scdc has made the parade self-sustaining through donations by participants and sponsorships. The attendance and the participation has steadily increased since scdc took over the operation. 3rd fridays from may thorugh october are date night meets block party. Providing fun for the whole family, 3rd friday allows visitors to meet new and old friends as they enjoy live music, food trucks, beer and wine, art, ice cream, vendors, retailers with extended hours and more. Scdc also handles several smaller events like the souderton tree lighting ceremony or participates in larger community events. In 2014, the organization added a new annual event in the art jam (souderton). This event celebrates artists from all areas and bring them into a group where crowds gather to see individual vendors, listen to great music and partake in of all the various forms of food offered. These will now be annual events bringing all kinds of business to the area. Scdc also works to communicate with a greater audience about the qualities of souderton. They circulate an email newsletter at least twice a month full of community events, business news and anything that would encourage readers to shop, work or play in the towns. A revitalization committee was formed to work directly with montgomery county department of economic development to bring new business to the downtown area. The committee works specifically with property owners that have vacant or undeveloped businesses or properties within the borough. The committee is dedicated to new business owners in town. New business is promoted through spotlights on the souderton connects website, ribbon cutting ceremonies and social media exposure through our facebook and instagram pages. The scdc also shares community events with online calendars of local and regional newspapers and other resources. They actively participate in regional marketing efforts through the valley forge convention and visitor bureau's publications and websites, see www.montcomainstreets.com.

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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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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 39,049 PHOTOGRAPHY 125 OFFICE EXPENSES 635 OFFICE SUPPLIES 345 INTERNET AND TELEPHONE 1,979 BANK FEES 111 MERCHANT FEES 933 INFORMATION TECHNOLOGY 800 SOFTWARE 1,165 TRAVEL 47 INSURANCE 3,120 DUES 301 BID COMMUNITY PROJECTS 8,392 EVENTS AND ACTIVITIES 7,269 COMMITTEE EXPENSE 5,246 VOLUNTEER EXPENSE 1,500 TOTAL 71,017
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SECURITY DEPOSIT 1,650 1,650 TOTAL 1,650 1,650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PAYROLL TAX AND SALES TAX LIABILITY 1,005 4,151 CREDIT CARD PAYABLE 2,790 435
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PURPOSE OF THE SOUDERTON COMMUNITY DEVELOPMENT CORPORATION IS TO PROMOTE THE DEVELOPMENT AND MARKETING OF DISTINCTIVE BUSINESS AND CULTURE OPPORTUNITIES FOR VIBRANT DOWNTOWN COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SOUDERTON CDC ("SCDC") WORKS TO IMPROVE THE PUBLIC PERCEPTION BY THE PUBLIC AND POTENTIAL INVESTORS OF THE TOWN OF SOUDERTON. TO ACHIEVE THIS GOAL, THE VOLUNTEERS RUN SEVERAL EVENTS THAT HAVE BECOME PART OF THE LOCAL HERITAGE. THE FIRST IS THE 53-YEAR-OLD SOUDERTON HOLIDAY PARADE. SCDC HAS MADE THE PARADE SELF-SUSTAINING THROUGH DONATIONS BY PARTICIPANTS AND SPONSORSHIPS. THE ATTENDANCE AND THE PARTICIPATION HAS STEADILY INCREASED SINCE SCDC TOOK OVER THE OPERATION. 3RD FRIDAYS FROM MAY THORUGH OCTOBER ARE DATE NIGHT MEETS BLOCK PARTY. PROVIDING FUN FOR THE WHOLE FAMILY, 3RD FRIDAY ALLOWS VISITORS TO MEET NEW AND OLD FRIENDS AS THEY ENJOY LIVE MUSIC, FOOD TRUCKS, BEER AND WINE, ART, ICE CREAM, VENDORS, RETAILERS WITH EXTENDED HOURS AND MORE. SCDC ALSO HANDLES SEVERAL SMALLER EVENTS LIKE THE SOUDERTON TREE LIGHTING CEREMONY OR PARTICIPATES IN LARGER COMMUNITY EVENTS. IN 2014, THE ORGANIZATION ADDED A NEW ANNUAL EVENT IN THE ART JAM (SOUDERTON). THIS EVENT CELEBRATES ARTISTS FROM ALL AREAS AND BRING THEM INTO A GROUP WHERE CROWDS GATHER TO SEE INDIVIDUAL VENDORS, LISTEN TO GREAT MUSIC AND PARTAKE IN OF ALL THE VARIOUS FORMS OF FOOD OFFERED. THESE WILL NOW BE ANNUAL EVENTS BRINGING ALL KINDS OF BUSINESS TO THE AREA. SCDC ALSO WORKS TO COMMUNICATE WITH A GREATER AUDIENCE ABOUT THE QUALITIES OF SOUDERTON. THEY CIRCULATE AN EMAIL NEWSLETTER AT LEAST TWICE A MONTH FULL OF COMMUNITY EVENTS, BUSINESS NEWS AND ANYTHING THAT WOULD ENCOURAGE READERS TO SHOP, WORK OR PLAY IN THE TOWNS. A REVITALIZATION COMMITTEE WAS FORMED TO WORK DIRECTLY WITH MONTGOMERY COUNTY DEPARTMENT OF ECONOMIC DEVELOPMENT TO BRING NEW BUSINESS TO THE DOWNTOWN AREA. THE COMMITTEE WORKS SPECIFICALLY WITH PROPERTY OWNERS THAT HAVE VACANT OR UNDEVELOPED BUSINESSES OR PROPERTIES WITHIN THE BOROUGH. THE COMMITTEE IS DEDICATED TO NEW BUSINESS OWNERS IN TOWN. NEW BUSINESS IS PROMOTED THROUGH SPOTLIGHTS ON THE SOUDERTON CONNECTS WEBSITE, RIBBON CUTTING CEREMONIES AND SOCIAL MEDIA EXPOSURE THROUGH OUR FACEBOOK AND INSTAGRAM PAGES. THE SCDC ALSO SHARES COMMUNITY EVENTS WITH ONLINE CALENDARS OF LOCAL AND REGIONAL NEWSPAPERS AND OTHER RESOURCES. THEY ACTIVELY PARTICIPATE IN REGIONAL MARKETING EFFORTS THROUGH THE VALLEY FORGE CONVENTION AND VISITOR BUREAU'S PUBLICATIONS AND WEBSITES, SEE WWW.MONTCOMAINSTREETS.COM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JONATHAN ATKINSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02153603139
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUDERTON COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SOUD
ReturnHeader/Filer/EIN0460494456
ReturnHeader/Filer/PhoneNum02157236627
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 75
ReturnHeader/Filer/USAddress/CityNm0SOUDERTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd018964
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232438905
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CANON CAPITAL CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0484 HARLEYSVILLE PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARLEYSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019438
ReturnHeader/PreparerPersonGrp/PhoneNum02157234881
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGIA LS MYERS CPA
ReturnHeader/ReturnTs02023-09-05T09:53:56-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JONATHAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ATKINSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.83$1.21$1.02$0.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.03$0.64$1.46$1.13$0.33
2022Detailed filing. Detailed filing data is available for this year.$0.36$0.05$0.31$1.34$1.61$0.27
2021Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.58$1.07$1.36$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.90$0.02$0.88$1.43$1.18$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.02$0.63$1.64$1.57$0.08
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.03$0.55$1.56$1.57$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.03$0.56$1.47$1.39$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.02$0.48$1.46$1.15$0.32
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.02$0.16$0.83$1.02$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.69$0.96$0.27
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$1.11$0.94$0.17
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.01$0.44$1.09$1.12$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.01$0.47$2.36
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.00$0.66$2.02