Dewey Business Partnership Inc
- Assets
- $51.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dewey Beach, DE
- Founding
- 11/2012
- Data as of
- 12/2023
- EIN
- 45-2789161
Organization Overview
Dewey Business Partnership Inc is located in Dewey Beach, DE. The organization was established in 2012. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dewey Business Partnership Inc 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 12/2023, Dewey Business Partnership Inc generated $39.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $18.7k during the year ending 12/2023. While expenses have increased by 7.2% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Montgomery President | 0.5 | $0 | |
Jimmy O'conor Vice President | 0.5 | $0 | |
Kelly Ranieri Executive Director | 35 | $10,000 | |
Drew Difonzo Secretary/treasurer | 0.5 | $0 | |
Vince Difonzo Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,576 |
| Total Program Service Revenue | $0 |
| Membership dues | $18,900 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$17,065 |
| Other Revenue | $0 |
| Total Revenue | $39,411 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,000 |
| Professional fees and other payments to independent contractors | $2,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,401 |
| Other expenses | $1,169 |
| Total expenses | $18,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,086 |
| Other assets | $0 |
| Total assets | $51,086 |
| Total liabilities | $6,578 |
| Net assets or fund balances | $44,508 |