DELAWARE SOCIETY FOR HUMAN RESOURCE MANAGEMENT INC

EIN: 450516557 Employment

WILMINGTON, DE

Total Revenue
$130,673
Total Expenses
$120,837
Total Assets
$116,541
Net Assets
$114,041
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
DE
Principal Officer
PAMELA PATONE
Phone
3024289544
Tax Period
2023-01-01 to 2023-12-31

DELAWARE SOCIETY FOR HUMAN RESOURCE MANAGEMENT INC, founded in 2003, is a small nonprofit in the Employment sector that reported $131K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $121K left a modest 8% surplus.

Mission

THE DELAWARE CHAPTER OF SHRM IS PREMIER HUMAN RESOURCES ASSOCIATION FOR THE FIRST STATE PROVIDING PROFESSIONAL DEVELOPMENT, GROWTH & EDUCATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,105
Program Service Revenue $118,160
Investment Income $408
Other Revenue $0
TOTAL REVENUE $130,673

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $115,837
TOTAL EXPENSES $120,837

Year-over-Year Comparison

2023 2022 Change
Revenue $130,673 $99,860 +0.3%
Expenses $120,837 $100,648 +0.2%
Net Income $9,836 $-788 -13.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY HAMILL PRESIDENT 15.00
Officer Director
$0 $0 $0
PAMELA PATONE TREASURER 25.00
Officer Director
$0 $0 $0
AMANDA BORTHWICK MEMBERSHIP C 15.00
Director
$0 $0 $0
NATALIE ROBICHAUD PROGRAM CHAI 10.00
Director
$0 $0 $0
KATHRYN CORBITT COLLEGE RELA 10.00
Director
$0 $0 $0
DAN BLOOM MEMBER AT LA 10.00
Director
$0 $0 $0
ALEXIS GUY LEGISLATIVE 10.00
Director
$0 $0 $0
AISHA M ORTIZ WORKFORCE DE 10.00
Director
$0 $0 $0
AMY PRATT MARKETING CH 15.00
Director
$0 $0 $0
SHANNIN MORTIMER DEI CHAIR 15.00
Director
$0 $0 $0
MICHELLE B RAY PRESIDENT-EL 15.00
Officer
$0 $0 $0
AMANDA BOONE PAST PRESIDE 15.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $130,673 $120,837 $116,541 $9,836
2022 $99,860 $100,648 $104,205 $-788
2021 $67,351 $87,459 $104,993 $-20,108
2020 $68,085 $100,493 $125,101 $-32,408
2019 $203,312 $180,582 $157,509 $22,730
2018 $198,999 $167,826 $175,384 $31,173
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