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Berwyn Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363301829 ✦ Berwyn, IL ✦ Designated as a 501(c)(3)

Overview

What is Berwyn Development Corporation?

Berwyn Development Corporation, located at 3322 S Oak Park Ave, Berwyn, Illinois 60402, is a dedicated nonprofit organization with a mission to foster and enhance the economic growth and vitality of the Berwyn community. Through various renovation projects, events, and promotions, the corporation actively works towards the development and promotion of the city. With a team of 16 dedicated individuals, Berwyn Development Corporation contributes significantly to the community's economic prosperity.


Official website here: www.berwyn.net

Is Berwyn Development Corporation legitimate?

Berwyn Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Berwyn Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $146,797
Professional Fundraising Fees: $0
Other Salaries and Wages: $553,183

For more financial information, click here


Official website here: www.berwyn.net

What is the mission statement of Berwyn Development Corporation?

The Berwyn Development Corporation is dedicated to supporting and fostering the economic growth and vitality of its community. This is achieved through various activities, including the development and promotion of the city through renovation projects, events, and promotions. The corporation's primary goal is to contribute positively to the city's economy and enhance its overall well-being. It does this by initiating and supporting initiatives that encourage economic development and enhance the city's appeal. The organization's mission is rooted in its commitment to the betterment of the community it serves.


Official website here: www.berwyn.net

Who is the CEO of Berwyn Development Corporation?

David Hulseberg is the Executive Director of Berwyn Development Corporation.


Official website here: www.berwyn.net

What is the revenue of Berwyn Development Corporation?

Berwyn Development Corporation's revenue in 2022 was $1,786,497.


Official website here: www.berwyn.net

Who are the executives of Berwyn Development Corporation and what are their salaries?

The average compensation at Berwyn Development Corporation during 2022 was $43,749. There are 16 employees and 150 volunteers at Berwyn Development Corporation.

Here are 16 key members and their salaries:

    David Hulseberg (Executive Director)
  • Compensation: $185,000
  • Related: $0
  • Other: $0

    • Diane Salemi (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamie Revell (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Jousef Mandragon (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Salvador Plascencia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Macchione (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothy Chiero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Benson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cesar Santoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Olivia Lares (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mario Manfredini (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Salvador Figueroa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Libby Popvic (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pierre Monice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eddie Wilkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Vander Naold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.berwyn.net

    Where can I find the form 990 for Berwyn Development Corporation?

    The Berwyn Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.berwyn.net

    Learn more at the official website: www.berwyn.net

    Mission Statement of Berwyn Development Corporation

    Berwyn Development Corporation, as a dedicated nonprofit entity, is devoted to tasks that foster and bolster the economic progress and thriving nature of the Berwyn community. Its primary mission is to actively engage in activities that stimulate and enhance the economic growth and vitality of this community. To realize this objective, the organization undertakes initiatives such as renovation projects, organizes events, and promotes the city through various promotional measures. By doing so, Berwyn Development Corporation plays a significant role in contributing to the overall development and prosperity of the Berwyn community.

    Impact

    This information is meant to be a general summary of Berwyn Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Berwyn Development Corporation's impact is significant in promoting economic growth and vitality in the Berwyn community through various renovation projects, events, and promotions. Their efforts are aimed at developing and promoting the City of Berwyn, thereby contributing to the overall improvement and progression of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $154,824
  • Program Service Revenue: $1,366,764
  • Gross Receipts: $1,786,497

    • Assets and Liabilities:
  • Total Assets: $3,585,733
  • Total Liabilities: $1,744,476
  • Net Assets: $1,841,257
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Administration Fees

    Revenue

    $875,500

    Other Program Fees

    Revenue

    $233,788

    Int. Income - Loan Program

    Revenue

    $74,589

    Memberships

    Revenue

    $113,205

    Sponsorships

    Revenue

    $68,132

    Organization Details

    Founding Year

    1988

    Principal Officer

    David Hulseberg

    Main Address

    3322 S Oak Park Ave, Berwyn, IL, 60402

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Berwyn Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.