Philadelphia Drug Exchange
- Assets
- $9.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Chester, PA
- Founding
- 04/1965
- Data as of
- 12/2022
- EIN
- 23-6294316
Organization Overview
Philadelphia Drug Exchange is located in West Chester, PA. The organization was established in 1965. According to its NTEE Classification (F02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philadelphia Drug Exchange is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Philadelphia Drug Exchange generated $33.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $31.3k during the year ending 12/2022. While expenses have increased by 3.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ONE SCHOLARSHIPS OF TWO THOUSAND DOLLARS WAS AWARDED TO ONE MEMBER COMPANY RECIPIENT A U SCIENCES, PHILADELPHIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Philip J Milia Jr Vice President - Volunteer | 1 | $0 | |
Dean Dinnocenti President - Volunteer | 1 | $0 | |
Maureen Bellafante Administrative Manager - Stipend | 4 | $6,000 | |
Susan Stipa Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $17,330 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,000 |
| Other Revenue | $6,214 |
| Total Revenue | $33,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $12,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $298 |
| Other expenses | $11,040 |
| Total expenses | $31,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,733 |
| Other assets | $0 |
| Total assets | $9,733 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,733 |