DELAWARE COMMUNITY DEVELOPMENT CORPORATI

EIN: 510257372 501(c)(3) Community Improvement

WILMINGTON, DE

Total Revenue
$232,146
Total Expenses
$242,930
Total Assets
$71,269
Net Assets
$54,502
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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
1979
Legal Domicile
DE
Principal Officer
TERRI DUKE
Phone
3025719088
Tax Period
2024-07-01 to 2025-06-30

DELAWARE COMMUNITY DEVELOPMENT CORPORATI, founded in 1979, is a small nonprofit in the Community Improvement sector that reported $232K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO FINANCE CAPITAL BUSINESS ASSETS AND ASSIST SMALL BUSINESSES IN OBTAINING ADDITIONAL FINANCING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $232,146
Investment Income $0
Other Revenue $0
TOTAL REVENUE $232,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $126,597
Fundraising Expenses $0
Program Expenses $218,316
Other Expenses $116,333
TOTAL EXPENSES $242,930

Year-over-Year Comparison

2024 2023 Change
Revenue $232,146 $204,918 +0.1%
Expenses $242,930 $644,682 -0.6%
Net Income $-10,784 $-439,764 -1.0%
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
2
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
$71,518
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANET DOUGHERTY PRESIDENT 1.00
Officer Director
$0 $0 $0
HEATH N KAHRS TREASURER 1.00
Officer Director
$0 $0 $0
STANLEY F SOJA JR SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL HAHN MEMBER 1.00
Director
$0 $0 $0
JEFF FLYNN MEMBER 1.00
Director
$0 $0 $0
FREDERICK H MITSDARFER III MEMBER 1.00
Director
$0 $0 $0
MARGO REIGN MEMBER 1.00
Director
$0 $0 $0
ALISON S MITCHELL MEMBER 1.00
Director
$0 $0 $0
NOAH OLSON MEMBER 1.00
Director
$0 $0 $0
J BRETT TAYLOR MEMBER 1.00
Director
$0 $0 $0
SEAN PARK MEMBER 1.00
Director
$0 $0 $0
DAVE ARCHER MEMBER 1.00
Director
$0 $0 $0
TERRI DUKE EXECUTIVE DIRECTOR 30.00
Officer
$71,518 $0 $71,518
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
2025 $232,146 $242,930 $71,269 $-10,784
2024 $204,918 $644,682 $131,665 $-439,764
2023 $169,911 $254,928 $586,141 $-85,017
2022 $197,077 $225,304 $653,508 $-28,227
2021 $262,659 $185,964 $672,789 $76,695
2020 $180,276 $231,926 $641,236 $-51,650
2019 $189,892 $236,605 $654,902 $-46,713
2018 $268,005 $220,692 $692,444 $47,313
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