Southern Delaware Tourism Inc
- Assets
- $665.5k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 4
- Location
- Georgetown, DE
- Founding
- 04/1990
- Data as of
- 06/2022
- EIN
- 51-0323794
Organization Overview
Southern Delaware Tourism Inc is located in Georgetown, DE. The organization was established in 1990. 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. As of 06/2022, Southern Delaware Tourism Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Delaware Tourism 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 06/2022, Southern Delaware Tourism Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.4m during the year ending 06/2022. While expenses have increased by 8.9% per year over the past 4 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.
Since 2021, Southern Delaware Tourism Inc has awarded 12 individual grants totaling $1,362,451. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE TOURISM IN SUSSEX COUNTY DELAWARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF TOURISM IN SUSSEX COUNTY, DE, INCLUDING PROVIDING GRANTS TO SUPPORT AREA CHAMBERS OF COMMERCE AND THEIR ACTIVITIES AS THEY RELATE TO THE PROMOTION OF TOURISM IN THE AREA.
DIRECT AND COOPERATIVE ADVERTISING PROMOTION OF TRAVEL THROUGH TRADE SHOWS, TRAVEL WRITERS AND TRAVEL ASSOCIATIONS PUBLICATION OF TRAVEL GUIDE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott C Thomas Executive Di | Officer | 44 | $75,062 |
Drew Difonzo Director | Trustee | 2 | $0 |
Benjamin Gray Past Chairma | OfficerTrustee | 2 | $0 |
Bonnie Hall Board Chairm | OfficerTrustee | 3 | $0 |
Jamie Hayman Director | OfficerTrustee | 2 | $0 |
Mary Susan Jones Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,638,597 |
| Investment income | $19 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,711,684 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $85,729 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,521 |
| Pension plan accruals and contributions | $1,300 |
| Other employee benefits | $0 |
| Payroll taxes | $15,268 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,545 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $178,396 |
| Office expenses | $49,756 |
| Information technology | $5,394 |
| Royalties | $0 |
| Occupancy | $11,820 |
| Travel | $2,280 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,735 |
| Interest | $2 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,275 |
| All other expenses | $0 |
| Total functional expenses | $1,422,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,056 |
| Savings and temporary cash investments | $94,458 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $665,514 |
| Accounts payable and accrued expenses | $442 |
| Grants payable | $0 |
| Deferred revenue | $95,807 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $96,249 |
| Net assets without donor restrictions | $553,299 |
| Net assets with donor restrictions | $15,966 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $569,265 |
Grants Awarded
Over the last fiscal year, Southern Delaware Tourism Inc has awarded $863,472 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
BETHANY - FENWICK AREA CHAMBER OF C PURPOSE: TO PROMOTE TOURISM | $169,468 |
LEWES CHAMBER OF COMMERCE PURPOSE: TO PROMOTE TOURISM | $64,058 |
REHOBOTH-DEWEY CHAMBER OF COMMERCE PURPOSE: TO PROMOTE TOURISM | $551,058 |
WESTERN SUSSEX CHAMBER OF COMMERCE PURPOSE: TO PROMOTE TOURISM | $45,770 |
GEORGETOWN CHAMBER OF COMMERCE PURPOSE: TO PROMOTE TOURISM | $33,118 |