Developemental Enterprises Corp

Organization Overview

Developemental Enterprises Corp is located in Norristown, PA. The organization was established in 1972. According to its NTEE Classification (J30) the organization is classified as: Vocational Rehabilitation, under the broad grouping of Employment and related organizations. As of 06/2021, Developemental Enterprises Corp employed 446 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Developemental Enterprises Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Developemental Enterprises Corp generated $6.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $7.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEC IS COMMITTED TO SUPPORTING THOSE WITH DEVELOPMENTAL DISABILITIES TO REACH THEIR POTENTIAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

VOCATIONAL REHABILITATIVE- DEC MAINTAINS FACILITIES THROUGHOUTMONTGOMERY COUNTY TO PROVIDE VOCATIONAL REHABILITATION TODEVELOPMENTALLY DISABLED ADULTS.


RESIDENTIAL SERVICES- DEC PROVIDES COMMUNITY RESIDENTIAL SERVICES TO PERSONS WITH MENTAL AND PHYSICAL HANDICAPS.


COMMUNITY SERVICES- DEC PROVIDES EMPLOYMENT SUPPORT FOR PERSONS WITH MENTAL AND PHYSICAL HANDICAPS.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Golec Dec'd 112021
Ceo/executive Director
$128,276
Brian Hague
Controller
$108,190
Amanda Stewart
Operations Director
$103,189
James Keating
President
$0
Mark Phander
Vice-President
$0
L Steuart Brown Jr
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$62,393
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,690,419
All other contributions, gifts, grants, and similar amounts not included above$90,448
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,843,260
Total Program Service Revenue$413,857
Investment income $24,549
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $64,353
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,387,939

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Developemental Enterprises Corp has recieved totaling $76.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$76
View Grant Recipient Profile

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