Philadelphia Shipyard Development Corporation

Eagleville, PA
Tax-exempt since April 1999
EIN: 23-2939646

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Community Improvement, Capacity Building / Management & Technical Assistance (NTEE)

Donations to this organization are tax deductible.

Revenue

$390k (2023)

Expenses

$228k (2023)

Total Assets

$987k (2023)

Total Liabilities

$338k (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$389,891

Expenses

$227,780

Net Income

$162,111

Net Assets

$649,497

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$169,388	43.4%
Program Services	$0
Investment Income	$20,326	5.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$200,000	51.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$177	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$117,722	51.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$987,195
Total Liabilities	$337,698
Net Assets	$649,497

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$103,000	$0	$14,722
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0
John Saler (Member)	$0	$0	$0
Jim Snell (Member)	$0	$0	$0

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990

Filed on June 21, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$392,103

Expenses

$223,821

Net Income

$168,282

Net Assets

$487,386

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$189,792	48.4%
Program Services	$0
Investment Income	$1,838	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$200,000	51.0%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$473	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$102,000	45.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$994,472
Total Liabilities	$507,086
Net Assets	$487,386

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$92,000	$0	$30,727
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0
James Schultz (Member)	$0	$0	$0

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990

Filed on Sept. 14, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2021

Revenue

$265,647

Expenses

$192,390

Net Income

$73,257

Net Assets

$319,104

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$65,125	24.5%
Program Services	$0
Investment Income	$461	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$200,000	75.3%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$61	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	39.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$579,104
Total Liabilities	$260,000
Net Assets	$319,104

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$76,000	$0	$20,893
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0
James Schultz (Member)	$0	$0	$0

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990

Filed on June 30, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$146,626

Expenses

$197,081

Net Income

-$50,455

Net Assets

$245,847

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$513	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$146,113	99.7%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	38.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$505,847
Total Liabilities	$260,000
Net Assets	$245,847

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$76,000	$0	$19,360
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
Robert L Henon Jr (Member)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0
James Schultz (Member)	$0	$0	$0

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990

Filed on Aug. 16, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$3,380

Expenses

$245,786

Net Income

-$242,406

Net Assets

$296,302

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$3,378	99.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	30.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$296,302
Total Liabilities	$0
Net Assets	$296,302

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$76,000	$17,804	$0
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
Robert L Henon Jr (Member)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0
James Schultz (Member)	$0	$0	$0

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990

Filed on Oct. 15, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$6,755

Expenses

$260,491

Net Income

-$253,736

Net Assets

$538,708

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$6,753	100.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	29.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$538,708
Total Liabilities	$0
Net Assets	$538,708

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$76,000	$25,078	$0
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
Robert L Henon Jr (Member)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0

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990

Filed on Oct. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$7,651

Expenses

$248,674

Net Income

-$241,023

Net Assets

$792,444

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$7,651	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	30.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$792,444
Total Liabilities	$0
Net Assets	$792,444

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$76,000	$0	$25,998
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
Robert L Henon Jr (Member)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0

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990

Filed on Oct. 17, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$6,053

Expenses

$248,028

Net Income

-$241,975

Net Assets

$1,033,467

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$6,053	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	30.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$8,443,228
Total Liabilities	$7,409,761
Net Assets	$1,033,467

Compensation

Key Employees and Officers	Compensation	Related	Other
Lisa M Chambers (Exec Dir)	$76,000	$0	$22,761
Manuel N Stamatakis (Chairperson)	$0	$0	$0
Michael J Acker (Treasurer)	$0	$0	$0
Robert L Henon Jr (Member)	$0	$0	$0
William P Hankowsky (Secretary)	$0	$0	$0

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990

Filed on May 9, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$2,959

Expenses

$246,572

Net Income

-$243,613

Net Assets

$1,275,442

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$2,959	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$76,000	30.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$11,480,864
Total Liabilities	$10,205,422
Net Assets	$1,275,442

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$3,526

Expenses

$286,676

Net Income

-$283,150

Net Assets

$1,519,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$3,526	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$84,333	29.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$14,355,316
Total Liabilities	$12,836,257
Net Assets	$1,519,059

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$4,029

Expenses

$400,316

Net Income

-$396,287

Net Assets

$1,802,209

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$0
Investment Income	$4,029	100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$126,000	31.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$17,122,793
Total Liabilities	$15,320,584
Net Assets	$1,802,209

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$305,166

Expenses

$703,912

Net Income

-$398,746

Net Assets

$2,198,496

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$220,983	72.4%
Program Services	$0
Investment Income	$44,435	14.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$39,748	13.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$173,000	24.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$18,805,878
Total Liabilities	$16,607,382
Net Assets	$2,198,496

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$42,956,075

Expenses

$43,686,057

Net Income

-$729,982

Net Assets

$2,597,242

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$774,093	1.8%
Program Services	$0
Investment Income	$84,947	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$42,097,035	98.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$171,500	0.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$40,234,326
Total Liabilities	$37,637,084
Net Assets	$2,597,242

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$634,275

Expenses

$962,014

Net Income

-$327,739

Net Assets

$3,327,224

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$137,173	21.6%
Program Services	$0
Investment Income	$14,090	2.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$483,012	76.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$204,968	21.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$137,174	14.3%

Assets/Debt
Total Assets	$19,931,726
Total Liabilities	$16,604,502
Net Assets	$3,327,224

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Raw filing data. Includes EINs and summary financials as structured data.
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Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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Updated November 21, 2024

Philadelphia Shipyard Development Corporation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $390k (2023)

Expenses $228k (2023)

Total Assets $987k (2023)

Total Liabilities $338k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Revenue

$390k (2023)

Expenses

$228k (2023)

Total Assets

$987k (2023)

Total Liabilities

$338k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001