Delaware Manufacturing Alliance Inc
- Assets
- $1.8m
- Revenue
- $785.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- 11/1994
- Data as of
- 03/2022
- EIN
- 51-0352080
Organization Overview
Delaware Manufacturing Alliance Inc is located in Newark, DE. The organization was established in 1994. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delaware Manufacturing Alliance Inc 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 03/2022, Delaware Manufacturing Alliance Inc generated $785.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $629.1k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP DELAWARE'S MANUFACTURERS SUBSTANTIALLY IMPROVE THEIR QUALITY, PRODUCTIVITY, AND PROFITABILITY BY IDENTIFYING, TRANSFERRING, AND IMPLEMENTING APPROPRIATE BEST PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEMEP OFFERS INFORMATION AND TECHNOLOGY RESOURCES TO HELP MANUFACTURERS COMPETE IN A GLOBAL MARKET
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 |
|---|---|---|---|
Rustyn Stoops Deputy Director | 37.5 | $105,061 | |
Dr Rachel Anderson Executive Director | OfficerTrustee | 4 | $12,701 |
Dr Paul T Morris Vice Chairman | OfficerTrustee | 1 | $0 |
Dr Lora A Johnson Chairwoman | OfficerTrustee | 1 | $0 |
Daniel Ehmann Treasurer | OfficerTrustee | 1 | $0 |
Patricia Adcock Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $605,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $607,355 |
| Total Program Service Revenue | $177,399 |
| Investment income | $275 |
| 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 | $785,029 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $29,892 |
| Compensation of current officers, directors, key employees. | $19,888 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,461 |
| Pension plan accruals and contributions | $27,797 |
| Other employee benefits | $29,258 |
| Payroll taxes | $41,292 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $70,044 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,261 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,246 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,314 |
| Insurance | $4,403 |
| All other expenses | $6,140 |
| Total functional expenses | $629,058 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,200,507 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $393,894 |
| 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 | $5,940 |
| Net Land, buildings, and equipment | $963 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216,073 |
| Total assets | $1,817,377 |
| Accounts payable and accrued expenses | $14,365 |
| Grants payable | $0 |
| Deferred revenue | $2,165 |
| 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 | $330,908 |
| Total liabilities | $347,438 |
| Net assets without donor restrictions | $1,469,939 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,817,377 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Job Haines Home For Aged People Bloomfield, NJ | $0 | $13,992,218 |
Southcentral Workforce Investment Board Harrisburg, PA | $3,804,661 | $12,566,907 |
Fuel Merchants Association Of New Jersey Cranford, NJ | $2,186,994 | $1,562,085 |
The Work Group Pennsauken, NJ | $774,528 | $1,360,037 |
National Assn Of State Directors Of Career Tech Education Consortium Silver Spring, MD | $5,258,133 | $912,781 |
Talen Energy Bargaining Unit Retiree Group Life Ins Plan Tr Pittsburgh, PA | $7,387,705 | $797,505 |
Delaware Manufacturing Alliance Inc Newark, DE | $1,817,377 | $785,029 |
Midatlantic Employers Association Management Development Institue King Of Prussia, PA | $50,372 | $534,225 |
Talen Energy Salaried Retiree Group Life Ins Plan Tr Pittsburgh, PA | $7,378,023 | $677,212 |
Mechanical Contracting Foundation Inc Rockville, MD | $16,427,840 | $1,426,868 |
The Monkey & The Elephant Philadelphia, PA | $326,804 | $407,406 |
Bender Leadership Academy Moon Township, PA | $371,484 | $452,053 |