Souderton-Telford Community Development Corporation
- Assets
- $62.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Souderton, PA
- Founding
- 04/2010
- Data as of
- 12/2021
- EIN
- 46-0494456
Organization Overview
Souderton-Telford Community Development Corporation is located in Souderton, PA. The organization was established in 2010. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Souderton-Telford Community Development Corporation 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 12/2021, Souderton-Telford Community Development Corporation generated $106.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $136.2k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 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 |
|---|---|---|---|
Christina Divergigelis Manager | 26 | $36,575 | |
Margaret Zglinicki President | 5 | $0 | |
Martin Divergigelis Vice Preside | 4 | $0 | |
Harry Boardman Secretary | 4 | $0 | |
Scott Higgins Director | 2 | $0 | |
Charles Crown Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,598 |
| Total Program Service Revenue | $81,967 |
| Membership dues | $0 |
| Investment income | $89 |
| Gain or Loss | -$790 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,864 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,316 |
| Professional fees and other payments to independent contractors | $11,595 |
| Occupancy, rent, utilities, and maintenance | $3,454 |
| Printing, publications, postage, and shipping | $827 |
| Other expenses | $56,002 |
| Total expenses | $136,194 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,347 |
| Other assets | $0 |
| Total assets | $61,997 |
| Total liabilities | $3,795 |
| Net assets or fund balances | $58,202 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Souderton-Telford Community Development Corporation has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Telford Area Community Aid Foundation Fort Washington, PA PURPOSE: TO ASSIST THE ORGANIZATION IN ITS EFFORTS TO REVITALIZE THE DOWNTOWN AREAS OF TELFORD AND SOUDERTON | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marshall University Research Corporation Huntington, WV | $66,297,155 | $55,595,334 |
Pidc-Developement Management Corporation Philadelphia, PA | $0 | $30,722,052 |
Calvert Impact Capital Inc Bethesda, MD | $679,643,317 | $23,234,500 |
Delaware River Waterfront Corporation Philadelphia, PA | $26,551,411 | $24,883,136 |
T R W I B Inc Pittsburgh, PA | $14,392,055 | $22,959,509 |
Wright Brothers Institute Inc Dayton, OH | $23,307,656 | $22,085,089 |
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Insitech Inc Warren, NJ | $450,270 | $14,466,949 |
The Convention And Visitors Bureau Of Greater Cleveland Inc Cleveland, OH | $25,296,918 | $17,425,666 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Columbus Downtown Development Corporation Columbus, OH | $118,710,723 | $12,117,471 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |