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EIN 51-0240524

Wilmington Economic Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Wilmington
State
Delaware
Year formed
1979
Most recent tax filings
2023-06-01
NTEE code, primary
S30: Economic Development
Description
Wilmington Economic Development Corp Community Services Building renders financial assistance for start-up or expanding businesses located within the city of Wilmington, providing loans and/or grants through the Economic Development administration which uses federal grants, as well as through the Wilmington partnership, which provides loans specifically to businesses in the city.
Total revenues
$1,318,756
2023
Total expenses
$143,397
2023
Total assets
$2,899,392
2023
Num. employees
0
2023

Program areas at Wilmington Economic Development Corporation

Economic Development administration - provides loans and/or grants to businesses in the Wilmington area using federal grants.
Wilmington partnership - provides loans to startup or expanding businesses within the city of Wilmington.

Personnel at Wilmington Economic Development Corporation

NameTitleCompensation
David DanielsExecutive Director$0
Stanley F SojaPresident$0
Heath KahrsTreasurer / Vice President$0
Joseph WilliamsSecretary$0
William AbernethyPast Executive Director$17,198
...and 1 more key personnel

Financials for Wilmington Economic Development Corporation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,187,600
Program services$67,625
Investment income and dividends$15,074
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$48,457
Total revenues$1,318,756

Form 990s for Wilmington Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-08-07990View PDF
2021-062023-08-07990View PDF
2020-062021-04-15990View PDF
2019-062020-09-04990View PDF
...and 9 more Form 990s
Data update history
August 7, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
September 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
September 28, 2023
Updated personnel
Identified 2 new personnel
September 24, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingManagement and technical assistanceCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
100 W 10th St 214
Wilmington, DE 19801
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
wedco.org/ 
Phone
(302) 571-9142
IRS details
EIN
51-0240524
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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