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Delaware Prosperity Partnership Inc

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

EIN: 822881997 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Delaware Prosperity Partnership Inc?

Delaware Prosperity Partnership Inc, based in Wilmington, Delaware, is a private nonprofit organization dedicated to boosting Delaware's economy. Their primary activities include attracting, growing, and retaining businesses, fostering entrepreneurship and innovation, supporting workforce development efforts, and providing forward-looking analysis on economic trends. Established as a private entity, DPP aims to enhance Delaware's competitiveness by constructing a robust entrepreneurial and innovation ecosystem, while assisting private employers in identifying, recruiting, and developing talent. With a team of 15 individuals, DPP works tirelessly to position Delaware's economy for growth.


Official website here: www.choosedelaware.com

Is Delaware Prosperity Partnership Inc legitimate?

Delaware Prosperity Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Prosperity Partnership Inc 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: $284,955
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,083,792

For more financial information, click here


Official website here: www.choosedelaware.com

What is the mission statement of Delaware Prosperity Partnership Inc?

The Delaware Prosperity Partnership Inc, established as a private entity, is dedicated to spearheading Delaware's economic development endeavors. Its mission is to attract, grow, and retain businesses within the state, strengthen the entrepreneurial and innovation ecosystem, and support private employers in identifying, recruiting, and developing talent. The organization's activities are geared towards enhancing business recruitment, promoting entrepreneurship and innovation, supporting workforce development efforts, and producing forward-looking analyses on economic trends to optimally position Delaware's economy for growth.


Official website here: www.choosedelaware.com

Who is the CEO of Delaware Prosperity Partnership Inc?

William Kurt Foreman is the Secretary of Delaware Prosperity Partnership Inc. The CEO's salary of Delaware Prosperity Partnership Inc is $284,955 and their total compensation is $293,580.


Official website here: www.choosedelaware.com

What is the revenue of Delaware Prosperity Partnership Inc?

Delaware Prosperity Partnership Inc's revenue in 2022 was $3,121,078.


Official website here: www.choosedelaware.com

Who are the executives of Delaware Prosperity Partnership Inc and what are their salaries?

The average compensation at Delaware Prosperity Partnership Inc during 2022 was $91,250. There are 15 employees at Delaware Prosperity Partnership Inc.

Here are 24 key members and their salaries (Delaware Prosperity Partnership Inc's CEO's salary is $284,955 and their total compensation is $293,580):

    William Kurt Foreman (Ceo) [Trustee/Director]
  • Compensation: $284,955
  • Related: $0
  • Other: $8,625

    • Rebecca Harrington (Director Of Business Devel)
  • Compensation: $160,251
  • Related: $0
  • Other: $720

    • Charles Madden (Director Of Talent Service)
  • Compensation: $154,405
  • Related: $0
  • Other: $4,200

    • Michele Schiavoni (Director Of Marketing & Ex)
  • Compensation: $114,641
  • Related: $0
  • Other: $2,227

    • Noah Olsen (Director Of Innovation)
  • Compensation: $110,285
  • Related: $0
  • Other: $4,913

    • Desmond Baker (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Allen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Callahan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregg Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Bush (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Rider (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric A Cheek Phd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doneene Damon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Morgan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Walsh (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Pettyjohn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Herrera (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Lambrow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lyndon Yearick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Carney Jr (Co Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodman Ward Iii (Co-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeanmarie Desmond (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Travis Hastings (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fayetta Blake (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.choosedelaware.com

    Where can I find the form 990 for Delaware Prosperity Partnership Inc?

    The Delaware Prosperity Partnership Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.choosedelaware.com

    Learn more at the official website: www.choosedelaware.com

    Mission Statement of Delaware Prosperity Partnership Inc

    Delaware Prosperity Partnership Inc, a private entity, is tasked with spearheading Delaware's economic development endeavors. Its primary mission is to strengthen the state's capacity to attract, grow, and retain businesses. By establishing itself as a separate entity, Delaware Prosperity Partnership Inc aims to bolster Delaware's entrepreneurial and innovation ecosystem, providing private employers with the necessary tools to identify, recruit, and develop talent. Through various activities, the organization strives to promote business recruitment, foster entrepreneurship, support workforce development efforts, and produce forward-thinking analysis on economic trends to position Delaware's economy for growth.

    Impact

    This information is meant to be a general summary of Delaware Prosperity Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Delaware Prosperity Partnership Inc plays a crucial role in leading the state of Delaware's economic development efforts. By actively engaging in activities to enhance business recruitment, promote entrepreneurship and innovation, support workforce development efforts, and produce forward-looking analysis on economic trends, the organization contributes to strengthening Delaware's economy. Through its initiatives, Delaware Prosperity Partnership Inc helps attract, grow, and retain companies, build a robust entrepreneurial and innovation ecosystem, and support private employers in identifying, recruiting, and developing talent. Its impact extends to improving the overall economic landscape of Delaware by positioning the state for sustainable growth and prosperity.





    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: $24,178
  • Program Service Revenue: $0
  • Gross Receipts: $3,121,670

    • Assets and Liabilities:
  • Total Assets: $3,511,837
  • Total Liabilities: $309,980
  • Net Assets: $3,201,857
  • Organization Details

    Founding Year

    2017

    Principal Officer

    William Kurt Foreman

    Main Address

    1007 NORTH ORANGE STREET SUITE 731, WILMINGTON, DE, 19801

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Delaware Prosperity Partnership Inc 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.