Civic Intelligence

Souderton-Telford Community Development Corporation

990EZ • Fiscal year 2019 • EIN 46-0494456

Jan 01, 2019 to Dec 31, 2019 • Filed on May 28, 2020

PO Box 314Telford, PA 18969

(215) 723-6627

Siviq Scores

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

Liabilities / Assets

71st percentile

0.03x

Higher debt load relative to assets than 71% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

67th percentile

0.01x

Higher debt load relative to revenue than 67% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

53rd percentile

4.6%

Higher net margin than 53% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

89th percentile

$36,400

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 22.2% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

56th percentile

5.2%

Faster revenue growth than 56% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$64,631

Up $7,009 (+12%) from 2018

Net Assets

Up

$62,583

Up $7,594 (+14%) from 2018

Liabilities

Down

$2,048

Down $585 (-22%) from 2018

Revenue

Up

$164,176

Up $8,044 (+5.2%) from 2018

Expenses

Down

$156,582

Down $477 (-0.3%) from 2018

Net Income

Up

$7,594

Up $8,521 (+919%) from 2018

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

2019

Assets$64,631
Liabilities$2,048
Net Assets$62,583

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

2019

Revenue$164,176
Expenses$156,582
Net Income$7,594
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 28, 2020
Return Version
2019v5.0
Gross Receipts
$164,176
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.

Program Services

DescriptionGrantsExpenses
THE SOUDERTON TELFORD CDC WORKS TO IMPROVE THE PUBLIC PERCEPTION BY THE PUBLIC AND POTENTIAL INVESTORS OF THE TWO TOWNS OF SOUDERTON AND TELFORD. 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. STCDC HAS MADE THE PARADE SELF-SUSTAINING THROUGH DONATIONS BY PARTICIPANTS AND SPONSORSHIPS. THE ATTENDANCE AND THE PARTICIPATION HAS STEADILY INCREASED SINCE STCDC TOOK OVER THE OPERATION . THE INDIAN VALLEY TELFORD NIGHT MARKET AT THE MARKETPLACE AT TELFORD STATION HAS BECOME AN INTEGRAL PART OF THE LOCAL COMMUNITY ON WEDNESDAY EVENINGS FROM MAY THROUGH SEPTEMBER. WITH LOCAL FARMS, BAKERS, ARTISANS, A VINTNER AND, EVEN, A LOCAL COFFEE ROASTER, THE MARKET IS FULL OF LOCAL FLAVOR. EACH WEEK, THE STCDC VOLUNTEERS HOLD SPECIAL EVENTS THAT INVOLVE LOCAL MUSICIANS, DEMONSTRATIONS, KIDS' ACTIVITIES AND MORE. STCDC ALSO HANDLES SEVERAL SMALLER EVENTS LIKE THE TELFORD TREE LIGHTING CEREMONY OR PARTICIPATE IN LARGER COMMUNITY EVENTS. IN 2014, THE ORGANIZATION ADDED TWO NEW ANNUAL EVENTS IN THE ART JAM (SOUDERTON) AND OKTOBERFEST (TELFORD). THESE CELEBRATE 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. THE SOUDERTON TELFORD CDC ALSO WORKS TO COMMUNICATE WITH A GREATER AUDIENCE ABOUT THE QUALITIES OF SOUDERTON AND TELFORD. THEY RUN TWO WEBSITES, WWW.STMAINST.ORG AND WWW.SOUDERTONBID.COM, AND TWO FACEBOOK PAGES FOR SOUDERTON TELFORD MAIN STREETS AND THE TELFORD NIGHT MARKET. 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. THE STCDC 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.-$65,513
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.-$62,252
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JORDANA FITZGERALDManager, BegFT$36,400-$36,400
CHRISTINA DIVERGIGELISCurrent ManaPT$7,750-$7,750
PAM BAKERChairpersonPT$0--
HARRY BOARDMANVice ChairPT$0--
DUSTIN WADESecretary-$0--
EDWARD HUBERTreasurer-$0--
JOHN TAYLORPast Preside-$0--
DAN WURSTBoard Member-$0--
DAN HOUSERBoard Member-$0--
LINDA TUFFTBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Souderton-telford Community
EIN
46-0494456
Phone
2157236627
Address
PO BOX 314, TELFORD, PA 18969

Signing Officer

Name
Pam Baker
Title
Chairperson
Phone
2153681531
Signed
2020-05-28

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 advertising 3,136 marketing 7,514 office expenses 5,271 bank fees 1,075 information technology 1,874 travel 1,158 insurance 2,899 events and activities 28,081 dues 1,187 taxes 15 bid community projects 20,081 education 87 non-investment depreciation 396 total 72,774

Form 990-ez, Part II, Line 24

Equipment 2,090 2,090 less accumulated depreciation 1,340 1,736 total 750 354

Form 990-ez, Part II, Line 26

Credit card payable 878 654 payroll tax and sales tax liability 1,755 1,394

Form 990-ez, Part III

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.

Form 990-ez, Part III, Line 28

The souderton telford cdc works to improve the public perception by the public and potential investors of the two towns of souderton and telford. 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. Stcdc has made the parade self-sustaining through donations by participants and sponsorships. The attendance and the participation has steadily increased since stcdc took over the operation . The indian valley telford night market at the marketplace at telford station has become an integral part of the local community on wednesday evenings from may through september. With local farms, bakers, artisans, a vintner and, even, a local coffee roaster, the market is full of local flavor. Each week, the stcdc volunteers hold special events that involve local musicians, demonstrations, kids' activities and more. Stcdc also handles several smaller events like the telford tree lighting ceremony or participate in larger community events. In 2014, the organization added two new annual events in the art jam (souderton) and oktoberfest (telford). These celebrate 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. The souderton telford cdc also works to communicate with a greater audience about the qualities of souderton and telford. They run two websites, www.stmainst.org and www.soudertonbid.com, and two facebook pages for souderton telford main streets and the telford night market. 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. The stcdc 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.

Form 990-ez, Part IV

Jordana fitzgerald was the manager of the organization for the first part of 2019. Ms. Fitzgerald left the organization and was replaced by christina divergigelis mid 2019.

Raw XML Appendix189 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING 3,136 MARKETING 7,514 OFFICE EXPENSES 5,271 BANK FEES 1,075 INFORMATION TECHNOLOGY 1,874 TRAVEL 1,158 INSURANCE 2,899 EVENTS AND ACTIVITIES 28,081 DUES 1,187 TAXES 15 BID COMMUNITY PROJECTS 20,081 EDUCATION 87 NON-INVESTMENT DEPRECIATION 396 TOTAL 72,774
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 2,090 2,090 LESS ACCUMULATED DEPRECIATION 1,340 1,736 TOTAL 750 354
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD PAYABLE 878 654 PAYROLL TAX AND SALES TAX LIABILITY 1,755 1,394
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SOUDERTON TELFORD CDC WORKS TO IMPROVE THE PUBLIC PERCEPTION BY THE PUBLIC AND POTENTIAL INVESTORS OF THE TWO TOWNS OF SOUDERTON AND TELFORD. 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. STCDC HAS MADE THE PARADE SELF-SUSTAINING THROUGH DONATIONS BY PARTICIPANTS AND SPONSORSHIPS. THE ATTENDANCE AND THE PARTICIPATION HAS STEADILY INCREASED SINCE STCDC TOOK OVER THE OPERATION . THE INDIAN VALLEY TELFORD NIGHT MARKET AT THE MARKETPLACE AT TELFORD STATION HAS BECOME AN INTEGRAL PART OF THE LOCAL COMMUNITY ON WEDNESDAY EVENINGS FROM MAY THROUGH SEPTEMBER. WITH LOCAL FARMS, BAKERS, ARTISANS, A VINTNER AND, EVEN, A LOCAL COFFEE ROASTER, THE MARKET IS FULL OF LOCAL FLAVOR. EACH WEEK, THE STCDC VOLUNTEERS HOLD SPECIAL EVENTS THAT INVOLVE LOCAL MUSICIANS, DEMONSTRATIONS, KIDS' ACTIVITIES AND MORE. STCDC ALSO HANDLES SEVERAL SMALLER EVENTS LIKE THE TELFORD TREE LIGHTING CEREMONY OR PARTICIPATE IN LARGER COMMUNITY EVENTS. IN 2014, THE ORGANIZATION ADDED TWO NEW ANNUAL EVENTS IN THE ART JAM (SOUDERTON) AND OKTOBERFEST (TELFORD). THESE CELEBRATE 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. THE SOUDERTON TELFORD CDC ALSO WORKS TO COMMUNICATE WITH A GREATER AUDIENCE ABOUT THE QUALITIES OF SOUDERTON AND TELFORD. THEY RUN TWO WEBSITES, WWW.STMAINST.ORG AND WWW.SOUDERTONBID.COM, AND TWO FACEBOOK PAGES FOR SOUDERTON TELFORD MAIN STREETS AND THE TELFORD NIGHT MARKET. 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. THE STCDC 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/ExplanationTxt5JORDANA FITZGERALD WAS THE MANAGER OF THE ORGANIZATION FOR THE FIRST PART OF 2019. MS. FITZGERALD LEFT THE ORGANIZATION AND WAS REPLACED BY CHRISTINA DIVERGIGELIS MID 2019.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART IV
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ReturnHeader/BusinessOfficerGrp/PhoneNum02153681531
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUDERTON-TELFORD COMMUNITY
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0SOUD
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ReturnHeader/Filer/PhoneNum02157236627
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 314
ReturnHeader/Filer/USAddress/CityNm0TELFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09399A534D9B4CA3ACBEE024B8ED01C88F25422AF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId059017B39B62CB940BDD6D3ED2586F7D5A2E0604A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt012.216.250.242
ReturnHeader/FilingSecurityInformation/IPDt02020-05-28
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm012:31:50
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/PreparationDt02020-05-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GEORGIA LS MYERS CPA
ReturnHeader/ReturnTs02020-05-28T12:31:50-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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