Civic Intelligence

Delaware Technology Park Inc

EIN 51-0344637 • 501(c)3 • Newark, DE

Profile

The mission of the Delaware Technology Park is to stimulate economic growth and create high-value jobs in the Mid-Atlantic region by providing affordable state-of-the-art facilities, access to necessary resources and connections to the region's industry, government and academic leaders.

591 Collaboration Way 204Newark, DE 19713

deltechpark.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.05x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

97th percentile

11.44x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

9th percentile

-23%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

9th percentile

$77,000

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

93rd percentile

45%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

83rd percentile

33%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$54,450,072

Down $1,459,211 (-2.6%) from 2024

Liabilities

Down

$59,451,509

Down $277,730 (-0.5%) from 2024

Net Assets

Down

-$5,001,437

Down $1,181,481 (-31%) from 2024

Operations
Liabilities / Revenue97th percentileNet Margin9th percentile

Revenue

Up

$7,987,789

Up $828,088 (+12%) from 2024

Expenses

Up

$9,043,739

Up $1,053,442 (+13%) from 2024

Net Income

Down

-$1,055,950

Down $225,354 (-27%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth93rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0-$20MAssets 2011: $13,979,163Liabilities 2011: $11,670,966Net Assets 2011: $2,308,1972011Assets 2012: $13,166,331Liabilities 2012: $10,974,765Net Assets 2012: $2,191,5662012Assets 2013: $18,948,470Liabilities 2013: $18,188,049Net Assets 2013: $760,4212013Assets 2014: $17,726,935Liabilities 2014: $18,072,678Net Assets 2014: -$345,7432014Assets 2015: $16,492,968Liabilities 2015: $17,204,846Net Assets 2015: -$711,8782015Assets 2016: $19,841,111Liabilities 2016: $20,923,742Net Assets 2016: -$1,082,6312016Assets 2017: $17,015,238Liabilities 2017: $18,158,915Net Assets 2017: -$1,143,6772017Assets 2018: $15,570,539Liabilities 2018: $16,948,201Net Assets 2018: -$1,377,6622018Assets 2019: $14,794,533Liabilities 2019: $16,157,765Net Assets 2019: -$1,363,2322019Assets 2020: $14,939,031Liabilities 2020: $16,437,329Net Assets 2020: -$1,498,2982020Assets 2021: $31,938,684Liabilities 2021: $33,587,848Net Assets 2021: -$1,649,1642021Assets 2022: $39,389,300Liabilities 2022: $40,793,916Net Assets 2022: -$1,404,6162022Assets 2023: $56,922,886Liabilities 2023: $59,559,349Net Assets 2023: -$2,636,4632023Assets 2024: $55,909,283Liabilities 2024: $59,729,239Net Assets 2024: -$3,819,9562024Assets 2025: $54,450,072Liabilities 2025: $59,451,509Net Assets 2025: -$5,001,4372025

Highlighted filing

2025

Assets$54,450,072
Liabilities$59,451,509
Net Assets-$5,001,437
Open 2025 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $1,376,043Expenses 2011: $1,601,322Net Income 2011: -$225,2792011Expenses 2012: $1,570,5182012Revenue 2013: $2,637,339Expenses 2013: $2,874,348Net Income 2013: -$237,0092013Revenue 2014: $2,890,830Expenses 2014: $3,739,720Net Income 2014: -$848,8902014Revenue 2015: $3,039,230Expenses 2015: $3,392,773Net Income 2015: -$353,5432015Revenue 2016: $3,060,774Expenses 2016: $3,331,993Net Income 2016: -$271,2192016Revenue 2017: $3,506,745Expenses 2017: $3,843,531Net Income 2017: -$336,7862017Revenue 2018: $3,831,280Expenses 2018: $4,175,381Net Income 2018: -$344,1012018Revenue 2019: $4,475,207Expenses 2019: $4,075,797Net Income 2019: $399,4102019Revenue 2020: $4,431,632Expenses 2020: $4,173,919Net Income 2020: $257,7132020Revenue 2021: $3,926,033Expenses 2021: $4,343,508Net Income 2021: -$417,4752021Revenue 2022: $3,908,292Expenses 2022: $4,213,637Net Income 2022: -$305,3452022Revenue 2023: $5,204,019Expenses 2023: $6,380,982Net Income 2023: -$1,176,9632023Revenue 2024: $7,159,701Expenses 2024: $7,990,297Net Income 2024: -$830,5962024Revenue 2025: $7,987,789Expenses 2025: $9,043,739Net Income 2025: -$1,055,9502025

Highlighted filing

2025

Revenue$7,987,789
Expenses$9,043,739
Net Income-$1,055,950
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$54,450,072
Liabilities
$59,451,509
Net assets
-$5,001,437
Revenue
$7,987,789
Expenses
$9,043,739
Net income
-$1,055,950
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$54.5$59.5$5.00$7.99$9.04$1.06
2024Detailed filing. Detailed filing data is available for this year.$55.9$59.7$3.82$7.16$7.99$0.83
2023Detailed filing. Detailed filing data is available for this year.$56.9$59.6$2.64$5.20$6.38$1.18
2022Detailed filing. Detailed filing data is available for this year.$39.4$40.8$1.40$3.91$4.21$0.31
2021Detailed filing. Detailed filing data is available for this year.$31.9$33.6$1.65$3.93$4.34$0.42
2020Detailed filing. Detailed filing data is available for this year.$14.9$16.4$1.50$4.43$4.17$0.26
2019Detailed filing. Detailed filing data is available for this year.$14.8$16.2$1.36$4.48$4.08$0.40
2018Detailed filing. Detailed filing data is available for this year.$15.6$16.9$1.38$3.83$4.18$0.34
2017Detailed filing. Detailed filing data is available for this year.$17.0$18.2$1.14$3.51$3.84$0.34
2016Detailed filing. Detailed filing data is available for this year.$19.8$20.9$1.08$3.06$3.33$0.27
2015Detailed filing. Detailed filing data is available for this year.$16.5$17.2$0.71$3.04$3.39$0.35
2014Detailed filing. Detailed filing data is available for this year.$17.7$18.1$0.35$2.89$3.74$0.85
2013Summary only. Only limited summary data is available for this year.$18.9$18.2$0.76$2.64$2.87$0.24
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.2$11.0$2.19$1.57
2011Summary only. Only limited summary data is available for this year.$14.0$11.7$2.31$1.38$1.60$0.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Mar 9, 2026
Return Version
2024v5.5
Gross Receipts
$7,987,789
Mission and Program Overview

Mission

The mission of the delaware technology park is to stimulate economic growth and create high-value jobs in delaware by providing affordable state-of-the-art facilities, access to necessary resources and connections to the region's industry, government and academic leaders.

Promotion of technology and management of state-of-the-art research facilities

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$42,558,701$40,611,033▼ $1,947,668
Cash and Non-Interest-Bearing Accounts$2,820,707$4,181,093▲ $1,360,386
Accounts Receivable$1,069,521$819,785▼ $249,736
Prepaid Expenses and Deferred Charges$173,651$18,522▼ $155,129
Total Assets$55,730,963$54,450,072▼ $1,280,891
Other Assets Total$9,108,383$8,819,639▼ $288,744
Liabilities
Mortgage Notes Payable Secured by Investment Property$43,670,713$47,235,276▲ $3,564,563
Other Liabilities$10,624,264$10,164,030▼ $460,234
Accounts Payable and Accrued Expenses$4,590,721$1,287,040▼ $3,303,681
Deferred Revenue$665,221$765,163▲ $99,942
Total Liabilities$59,550,919$59,451,509▼ $99,410
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,819,956$-5,001,437▼ $1,181,481
Total Net Assets Fund Balance$-3,819,956$-5,001,437▼ $1,181,481
Total Liabilities and Net Assets / Fund Balance$55,730,963$54,450,072▼ $1,280,891

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$29,962,812$14,073,324$44,036,136
Leasehold Improvements$9,954,803$4,273,247$14,228,050
Equipment$351,375$615,818$967,193
Other Land Buildings$342,043-$342,043
Other Assets Org$8,327,493--
Compensation and Service Providers
Top Officer Pay9th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
J Michael BowmanPresident & CEOFT-$75,000$75,000
Andrew M LubinChairPT$75,000-$75,000

Board Members and Trustees

NameTitle
Brian A Pryor PhDDirector
Dennis Assanis PhDDirector
Jonathan SheehanDirector
Michael FlemingDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Castell LLC - Kristen CastellConstruction184 Lexington Avenue 12C, New York, NY 10016$165,485
University of DelawareMiscellaneous550 South College Avenue Suite 201, Newark, DE 19713$162,793
-Financial Services591 Collaboration Way, Newark, DE 19713$122,055
Revenue and Support

Revenue Composition

Contributions and Grants
$1,459,949
Program Service Revenue
$6,527,840
Investment Income
$0
Other Revenue
$0
All Other Contributions
$250,000
Change in Net Assets
$-1,055,950

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,987,789
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$7,987,789
Total Revenue per Form 990
$7,987,789
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,968,739
Salaries, Compensation, and Employee Benefits$75,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$3,609,633--$3,609,633
Depreciation Depletion$1,818,162--$1,818,162
Interest$1,747,042--$1,747,042
Fees for Services Other$1,040,253$47,305-$1,087,558
Fees for Services Accounting-$193,901-$193,901
Fees for Services Management-$159,008-$159,008
Insurance$79,296$3,347-$82,643
Current Officers, Directors, Trustees, and Key Employees-$75,000-$75,000
Information Technology$70,472--$70,472
Office Expenses-$14,615-$14,615
All Other Expenses-$7,406-$7,406
Other Expenses-$7,384-$7,384
Travel$2,723--$2,723
Total Functional Expenses$8,367,581$676,158$0$9,043,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,043,739
Total Expenses per Audited Statements$9,043,739
Total Expenses per Form 990$9,043,739
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board ChairConsulting ServicesNo$75,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$9,837,729
Interest rate swap adjustment$303,851
Security Deposits$22,450
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

“The Board of Directors are selected by the Governor of the State of Delaware. Of the 6 Directors, 3 shall be from the private sector, 2 from the University of Delaware, and 1 from State Government. A position on the Board of Directors was vacant during the year ended June 30, 2025.”

Form 990, Part VI, Section A, line 8B

“There are no committees within the Company with the authority to act on behalf of the governing body.”

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

“The Form 990 is reviewed by the Manager of Finance and the President for accuracy. The Form 990 is signed by the President and then is made available to the Board upon request.”

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

“Compensation for the President is determined independently by the University of Delaware.”

Form 990, Part VI, Section C, line 19

“All policies, governing documents, and financial statements may be made available by request at the Company's office.”

Filing and Contact Details

Filer

Filer Name
Delaware Technology Park Inc
EIN
51-0344637
Phone
3024521100
Address
591 Collaboration Way 204, Newark, DE 19713

Signing Officer

Name
J Michael Bowman
Title
President
Phone
3024521100
Signed
2026-03-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
J Michael Bowman
Formed
1991
Legal Domicile
De
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Bonadio & Co LLP
Address
2711 Centerville Road Suite 100, Wilmington, DE 19808
Preparer
Peter S Kennedy CPA
Phone
3026566632
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“Other Professional Consulting Fees: Program service expenses 748,123. Management and general expenses 47,305. Fundraising expenses 0. Total expenses 795,428. Facility Management: Program service expenses 292,130. Management and general expenses 0. Fundraising expenses 0. Total expenses 292,130.”

Form 990, Part XI, line 9:

“Interest Rate Swap Adjustment -125,531.”

Form 990, Part XII, Line 2C

“The Board assumes responsibility for oversight of the audit of the financial statements and for the selection of an independent auditor.”

Form 990, Part V, Line 2A

“The Company does not have any employees on payroll and therefore does not file a Form W-3. The Company reimburses the University of Delaware for the compensation paid to their employees who work at the Company.”

Raw XML AppendixShowing 400 of 523 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/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt070472
IRS990/InformationTechnologyGrp/TotalAmt070472
IRS990/InsuranceGrp/ManagementAndGeneralAmt03347
IRS990/InsuranceGrp/ProgramServicesAmt079296
IRS990/InsuranceGrp/TotalAmt082643
IRS990/InterestGrp/ProgramServicesAmt01747042
IRS990/InterestGrp/TotalAmt01747042
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018962389
IRS990/LandBldgEquipBasisNetGrp/BOYAmt042558701
IRS990/LandBldgEquipBasisNetGrp/EOYAmt040611033
IRS990/LandBldgEquipCostOrOtherBssAmt059573422
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of the Delaware Technology Park is to stimulate economic growth and create high-value jobs in the Mid-Atlantic region by providing affordable state-of-the-art facilities, access to necessary resources and connections to the region's industry, government and academic leaders.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt043670713
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt047235276
IRS990/NetAssetsOrFundBalancesBOYAmt0-3819956
IRS990/NetAssetsOrFundBalancesEOYAmt0-5001437
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-3819956
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-5001437
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt03609633
IRS990/OccupancyGrp/TotalAmt03609633
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt014615
IRS990/OfficeExpensesGrp/TotalAmt014615
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09108383
IRS990/OtherAssetsTotalGrp/EOYAmt08819639
IRS990/OtherChangesInNetAssetsAmt0-125531
IRS990/OtherExpensesGrp/Desc0Real Estate Taxes
IRS990/OtherExpensesGrp/Desc1Bad Debt Provision
IRS990/OtherExpensesGrp/Desc2Subscriptions and Publi
IRS990/OtherExpensesGrp/Desc3Miscellaneous Expenses
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt098649
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt144833
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt224710
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt37384
IRS990/OtherExpensesGrp/TotalAmt098649
IRS990/OtherExpensesGrp/TotalAmt144833
IRS990/OtherExpensesGrp/TotalAmt224710
IRS990/OtherExpensesGrp/TotalAmt37384
IRS990/OtherLiabilitiesGrp/BOYAmt010624264
IRS990/OtherLiabilitiesGrp/EOYAmt010164030
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0173651
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018522
IRS990/PrincipalOfficerNm0J Michael Bowman
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/Desc0Rental Income
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt06527840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt06527840
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0800489
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt07915297
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt06359212
IRS990/PYRevenuesLessExpensesAmt0-830596
IRS990/PYSalariesCompEmpBnftPaidAmt075000
IRS990/PYTotalExpensesAmt07990297
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt07159701
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1055950
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt06527840
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0516000279
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0State of Delaware
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt029962812
IRS990ScheduleD/BuildingsGrp/DepreciationAmt014073324
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt044036136
IRS990ScheduleD/EquipmentGrp/BookValueAmt0351375
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0615818
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0967193
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09043739
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09954803
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt04273247
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt014228050
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0492146
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt18327493
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Accrued Rental Income
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Right-of-use-asset operating leases
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0342043
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0342043
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022450
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19837729
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2303851
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposits
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Lease Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Interest rate swap adjustment
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07987789
IRS990ScheduleD/TotalBookValueLandBuildingsAmt040611033
IRS990ScheduleD/TotalBookValueOtherAssetsAmt08819639
IRS990ScheduleD/TotalExpensesPerForm990Amt09043739
IRS990ScheduleD/TotalLiabilityAmt010164030
IRS990ScheduleD/TotalRevenuePerForm990Amt07987789
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07987789
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09043739
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0Delaware Financial Group (Andrew M Lubin)
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Board Chair
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt075000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Consulting Services
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors are selected by the Governor of the State of Delaware. Of the 6 Directors, 3 shall be from the private sector, 2 from the University of Delaware, and 1 from State Government. A position on the Board of Directors was vacant during the year ended June 30, 2025.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no committees within the Company with the authority to act on behalf of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Form 990 is reviewed by the Manager of Finance and the President for accuracy. The Form 990 is signed by the President and then is made available to the Board upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Compensation for the President is determined independently by the University of Delaware.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All policies, governing documents, and financial statements may be made available by request at the Company's office.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Other Professional Consulting Fees: Program service expenses 748,123. Management and general expenses 47,305. Fundraising expenses 0. Total expenses 795,428. Facility Management: Program service expenses 292,130. Management and general expenses 0. Fundraising expenses 0. Total expenses 292,130.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Interest Rate Swap Adjustment -125,531.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The Board assumes responsibility for oversight of the audit of the financial statements and for the selection of an independent auditor.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8The Company does not have any employees on payroll and therefore does not file a Form W-3. The Company reimburses the University of Delaware for the compensation paid to their employees who work at the Company.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part XII, Line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part V, Line 2a
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Delaware Technology Park
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1Delaware Technology Park
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0University Park Associates I LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1University Park Associates II LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0233011497
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1233011120
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt07732185
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt17020012
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Rental Real Estate
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1Rental Real Estate
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt01213239
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt11002785
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03 Innovation Way
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt15 Innovation Way
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Newark
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1Newark
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1DE
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd019711
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd119711
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0University of Delaware
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1State of Delaware
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0516000297
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1170(c)(1)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1DE

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