Civic Intelligence

Velodrome Development Foundation

990 • Fiscal year 2022 • EIN 82-2739918

Jan 01, 2022 to Dec 31, 2022 • Filed on May 11, 2023

451 Brandywine DriveWest Chester, PA 19382

(203) 415-5298

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

24th percentile

-12%

Higher net margin than 24% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

15th percentile

-32%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

9th percentile

-59%

Faster revenue growth than 9% of similar nonprofits.

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

Assets

Down

$15,644

Down $7,406 (-32%) from 2021

Net Assets

Down

$15,644

Down $7,406 (-32%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Down

$62,500

Down $90,070 (-59%) from 2021

Expenses

Down

$69,906

Down $66,073 (-49%) from 2021

Net Income

Down

-$7,406

Down $23,997 (-145%) from 2021

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2021: $23,050Liabilities 2021: $0Net Assets 2021: $23,0502021Assets 2022: $15,644Liabilities 2022: $0Net Assets 2022: $15,6442022Assets 2023: $2,135Liabilities 2023: $0Net Assets 2023: $2,1352023Assets 2024: $1,074Net Assets 2024: $1,0742024

Highlighted filing

2022

Assets$15,644
Liabilities$0
Net Assets$15,644

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2021: $152,570Expenses 2021: $135,979Net Income 2021: $16,5912021Revenue 2022: $62,500Expenses 2022: $69,906Net Income 2022: -$7,4062022Revenue 2023: $85,835Expenses 2023: $99,344Net Income 2023: -$13,5092023Revenue 2024: $149,839Expenses 2024: $150,900Net Income 2024: -$1,0612024

Highlighted filing

2022

Revenue$62,500
Expenses$69,906
Net Income-$7,406
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$62,500
Mission and Program Overview

Mission

The velodrome development foundation was created to grow and help sustain the sport of cycling in the united states. The foundation helped conceive the national sports and events center, a new project for the commonwealth of pennsylvania. This world-class facility, the first of its kind in the u.s., will include the national velodrome, a state-of-the-art indoor velodrome, along with custom designed spaces to host other major athletic and entertainment events. The center's community outreach programs will provide dynamic and creative outlets for young people to be introduced to cycling. The foundation's core mission in its support of this center is to teach life lessons through sports and team building and to inspire today's youth to incorporate positive habits of fitness and health in their lives. Active partnerships will be established with regional state organizations to grow and enhance the experience for all and to serve as a template for other facilities around the country.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivable From Disqualified Prsn$10,000$10,000→ $0
Cash and Non-Interest-Bearing Accounts$13,050$5,644▼ $7,406
Total Assets$23,050$15,644▼ $7,406
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,050$15,644▼ $7,406
Total Net Assets Fund Balance$23,050$15,644▼ $7,406
Total Liabilities and Net Assets / Fund Balance$23,050$15,644▼ $7,406
Compensation and Service Providers

Board Members and Trustees

NameTitle
Stephen WhisnantPresident/ch
Ben SerottaDirector
Bruce HernandezDirector
Crosby WoodDirector
John NelsonDirector
Kathryn BertineDirector
Lex McmillanDirector
Michael DindaDirector
Nelson VailsDirector
Parveen PanwarDirector
Peter WiswellDirector
Rick McdougallDirector
Greg LemondHonorary CHA
Frederick MayerSecretary/tr
Dave ChaunerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$62,500
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$62,500
Change in Net Assets
$-7,406
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Total Fundraising Expense$60,650
Professional Fundraising Fees$60,000
Other Expenses$9,906
Grants and Similar Amounts Paid$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Professional Fundraising--$60,000$60,000
Fees for Services Other$5,000$2,701$650$8,351
Information Technology-$745-$745
Insurance-$735-$735
Office Expenses-$75-$75
Total Functional Expenses$5,000$4,256$60,650$69,906
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$60,000
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
-President/chairConsulting FeesNo$60,000
-Vice PresidentConsulting FeesNo$5,000

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$10,000$10,000→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
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, Page 6, Part VI, Line 11B

990 is distributed to board members for review prior to filing.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Velodrome Development Foundation
EIN
82-2739918
Phone
2034155298
Address
451 BRANDYWINE DRIVE, WEST CHESTER, PA 19382

Signing Officer

Name
Frederick Mayer
Title
Secretary/treasurer
Phone
2034155298
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frederick Mayer
Formed
2017
Legal Domicile
Pa
Voting Board Members
15
Independent Board Members
15
Employees
0

Preparer

Firm
Umbreit Wileczek & Associates Pc
Address
712 E BALTIMORE PIKE, KENNETT SQUARE, PA 19348
Preparer
Timothy D Umbreit CPA
Phone
6104443222
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The velodrome development foundation was created to grow and help sustain the sport of cycling in the united states. The foundation helped conceive the national sports and events center, a new project for the commonwealth of pennsylvania. This world-class facility, the first of its kind in the u.s., will include the national velodrome, a state-of-the-art indoor velodrome, along with custom designed spaces to host other major athletic and entertainment events. The center's community outreach programs will provide dynamic and creative outlets for young people to be introduced to cycling. The foundation's core mission in its support of this center is to teach life lessons through sports and team building and to inspire today's youth to incorporate positive habits of fitness and health in their lives. Active partnerships will be established with regional state organizations to grow and enhance the experience for all and to serve as a template for other facilities around the country.

Form 990, Page 2, Part III, Line 4A

The velodrome development foundation was created to grow and help sustain the sport of cycling in the united states. The foundation helped conceive the national sports and events center, a new project for the commonwealth of pennsylvania. This world-class facility, the first of its kind in the u.s., will include the national velodrome, a state-of-the-art indoor velodrome, along with custom designed spaces to host other major athletic and entertainment events. The center's community outreach programs will provide dynamic and creative outlets for young people to be introduced to cycling. The foundation's core mission in its support of this center is to teach life lessons through sports and team building and to inspire today's youth to incorporate positive habits of fitness and health in their lives. Active partnerships will be established with regional state organizations to grow and enhance the experience for all and to serve as a template for other facilities around the country.

Form 990, Part IX, Line 11G

Bank fees 0 62 0 consulting 5,000 0 0 registration fees 0 150 0 professional fees 0 2,489 0 marketing 0 0 650 total 5,000 2,701 650

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IRS990/MissionDesc0THE VELODROME DEVELOPMENT FOUNDATION WAS CREATED TO GROW AND HELP SUSTAIN THE SPORT OF CYCLING IN THE UNITED STATES. THE FOUNDATION HELPED CONCEIVE THE NATIONAL SPORTS AND EVENTS CENTER, A NEW PROJECT FOR THE COMMONWEALTH OF PENNSYLVANIA. THIS WORLD-CLASS FACILITY, THE FIRST OF ITS KIND IN THE U.S., WILL INCLUDE THE NATIONAL VELODROME, A STATE-OF-THE-ART INDOOR VELODROME, ALONG WITH CUSTOM DESIGNED SPACES TO HOST OTHER MAJOR ATHLETIC AND ENTERTAINMENT EVENTS. THE CENTER'S COMMUNITY OUTREACH PROGRAMS WILL PROVIDE DYNAMIC AND CREATIVE OUTLETS FOR YOUNG PEOPLE TO BE INTRODUCED TO CYCLING. THE FOUNDATION'S CORE MISSION IN ITS SUPPORT OF THIS CENTER IS TO TEACH LIFE LESSONS THROUGH SPORTS AND TEAM BUILDING AND TO INSPIRE TODAY'S YOUTH TO INCORPORATE POSITIVE HABITS OF FITNESS AND HEALTH IN THEIR LIVES. ACTIVE PARTNERSHIPS WILL BE ESTABLISHED WITH REGIONAL STATE ORGANIZATIONS TO GROW AND ENHANCE THE EXPERIENCE FOR ALL AND TO SERVE AS A TEMPLATE FOR OTHER FACILITIES AROUND THE COUNTRY.
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IRS990/PYOtherExpensesAmt075979
IRS990/PYRevenuesLessExpensesAmt016591
IRS990/PYTotalExpensesAmt0135979
IRS990/PYTotalProfFndrsngExpnsAmt060000
IRS990/PYTotalRevenueAmt0152570
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt010000
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt010000
IRS990/ReconcilationRevenueExpnssAmt0-7406
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt062500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0152570
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0215070
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.36630
IRS990ScheduleA/PublicSupportPY170Pct00.35350
IRS990ScheduleA/PublicSupportTotal170Amt078779
IRS990ScheduleA/SubstantialContributorsTotAmt0136291
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt062500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0152570
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0215070
IRS990ScheduleA/TotalSupportAmt0215070
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/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0true
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISIN
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd0false
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt0-60000
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0WHISNANT STRATEGIES
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt060000
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt01775 PENNSYLVANIA AVENUE NW
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine2Txt012TH FLOOR
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd020005
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IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/TotalNetToOrganizationAmt0-60000
IRS990ScheduleG/TotalRetainedByContractorsAmt060000
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0WHISNANT STRATEGIES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1WORLD CYCLING LIMITED
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0PRESIDENT/CHAIR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1VICE PRESIDENT
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt060000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt15000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONSULTING FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1CONSULTING FEES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0ADVISORY FEES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt010000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0IDG DEVELOPMENT LLC
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0BOARD MEMBER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt010000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE VELODROME DEVELOPMENT FOUNDATION WAS CREATED TO GROW AND HELP SUSTAIN THE SPORT OF CYCLING IN THE UNITED STATES. THE FOUNDATION HELPED CONCEIVE THE NATIONAL SPORTS AND EVENTS CENTER, A NEW PROJECT FOR THE COMMONWEALTH OF PENNSYLVANIA. THIS WORLD-CLASS FACILITY, THE FIRST OF ITS KIND IN THE U.S., WILL INCLUDE THE NATIONAL VELODROME, A STATE-OF-THE-ART INDOOR VELODROME, ALONG WITH CUSTOM DESIGNED SPACES TO HOST OTHER MAJOR ATHLETIC AND ENTERTAINMENT EVENTS. THE CENTER'S COMMUNITY OUTREACH PROGRAMS WILL PROVIDE DYNAMIC AND CREATIVE OUTLETS FOR YOUNG PEOPLE TO BE INTRODUCED TO CYCLING. THE FOUNDATION'S CORE MISSION IN ITS SUPPORT OF THIS CENTER IS TO TEACH LIFE LESSONS THROUGH SPORTS AND TEAM BUILDING AND TO INSPIRE TODAY'S YOUTH TO INCORPORATE POSITIVE HABITS OF FITNESS AND HEALTH IN THEIR LIVES. ACTIVE PARTNERSHIPS WILL BE ESTABLISHED WITH REGIONAL STATE ORGANIZATIONS TO GROW AND ENHANCE THE EXPERIENCE FOR ALL AND TO SERVE AS A TEMPLATE FOR OTHER FACILITIES AROUND THE COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE VELODROME DEVELOPMENT FOUNDATION WAS CREATED TO GROW AND HELP SUSTAIN THE SPORT OF CYCLING IN THE UNITED STATES. THE FOUNDATION HELPED CONCEIVE THE NATIONAL SPORTS AND EVENTS CENTER, A NEW PROJECT FOR THE COMMONWEALTH OF PENNSYLVANIA. THIS WORLD-CLASS FACILITY, THE FIRST OF ITS KIND IN THE U.S., WILL INCLUDE THE NATIONAL VELODROME, A STATE-OF-THE-ART INDOOR VELODROME, ALONG WITH CUSTOM DESIGNED SPACES TO HOST OTHER MAJOR ATHLETIC AND ENTERTAINMENT EVENTS. THE CENTER'S COMMUNITY OUTREACH PROGRAMS WILL PROVIDE DYNAMIC AND CREATIVE OUTLETS FOR YOUNG PEOPLE TO BE INTRODUCED TO CYCLING. THE FOUNDATION'S CORE MISSION IN ITS SUPPORT OF THIS CENTER IS TO TEACH LIFE LESSONS THROUGH SPORTS AND TEAM BUILDING AND TO INSPIRE TODAY'S YOUTH TO INCORPORATE POSITIVE HABITS OF FITNESS AND HEALTH IN THEIR LIVES. ACTIVE PARTNERSHIPS WILL BE ESTABLISHED WITH REGIONAL STATE ORGANIZATIONS TO GROW AND ENHANCE THE EXPERIENCE FOR ALL AND TO SERVE AS A TEMPLATE FOR OTHER FACILITIES AROUND THE COUNTRY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2990 IS DISTRIBUTED TO BOARD MEMBERS FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK FEES 0 62 0 CONSULTING 5,000 0 0 REGISTRATION FEES 0 150 0 PROFESSIONAL FEES 0 2,489 0 MARKETING 0 0 650 TOTAL 5,000 2,701 650
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023050
IRS990/TotalAssetsEOYAmt015644
IRS990/TotalAssetsGrp/BOYAmt023050
IRS990/TotalAssetsGrp/EOYAmt015644
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt062500
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt060650
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04256
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt05000
IRS990/TotalFunctionalExpensesGrp/TotalAmt069906
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023050
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt015644
IRS990/TotalProgramServiceExpensesAmt05000
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt062500
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023050
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt015644
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt078 HART ROAD
IRS990/USAddress/CityNm0GUILFORD
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006437
IRS990/VotingMembersGoverningBodyCnt015
IRS990/VotingMembersIndependentCnt015
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0FREDERICK MAYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02034155298
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VELODROME DEVELOPMENT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0VELO
ReturnHeader/Filer/EIN0822739918
ReturnHeader/Filer/PhoneNum02034155298
ReturnHeader/Filer/USAddress/AddressLine1Txt0451 BRANDYWINE DRIVE
ReturnHeader/Filer/USAddress/CityNm0WEST CHESTER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019382
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823840465
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0UMBREIT WILECZEK & ASSOCIATES PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0712 E BALTIMORE PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KENNETT SQUARE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019348
ReturnHeader/PreparerPersonGrp/PhoneNum06104443222
ReturnHeader/PreparerPersonGrp/PreparationDt02023-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY D UMBREIT CPA
ReturnHeader/ReturnTs02023-05-17T15:53:36-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0FREDERICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAYER
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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