Overview
What is Delaware Valley Industrial Resource Center?
Delaware Valley Industrial Resource Center is a dedicated nonprofit organization, centered in the region's manufacturing community. Their primary mission is to boost business value within this sector by offering consulting, training, and education, along with networking opportunities. They provide a broad spectrum of programs and services, designed to empower small to medium-sized manufacturing companies in their journey towards change. This transformation aims to enhance productivity, efficiency, quality, and competitive positioning, ultimately contributing to the overall growth and success of their operations.
Official website here: www.dvirc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Delaware Valley Industrial Resource Center has achieved a Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The charity's score is entirely based on a single beacon score, with a notable emphasis on fiscal responsibility and governance practices. This rating indicates that the organization implements effective oversight mechanisms and adheres to best practices in financial management.
The organization boasts a fully independent board, with all members free from conflicts of interest, which contributes significantly to its high accountability score. Furthermore, it has established robust financial oversight through an audit committee and maintains comprehensive documentation practices, including meeting minutes and policies for conflict of interest and whistleblower protection. These strengths suggest a commitment to transparency and ethical operations.
However, while the program expense ratio stands at 65.64%, which is relatively strong, it is slightly below the optimal threshold, indicating that there may be areas for improvement in maximizing funds directly utilized for programs. Overall, the Delaware Valley Industrial Resource Center demonstrates a solid financial foundation and governance structure, making it a trustworthy organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Delaware Valley Industrial Resource Center legitimate?
Delaware Valley Industrial Resource Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delaware Valley Industrial Resource Center 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,335,494
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,889,004
For more financial information, click here
Official website here: www.dvirc.org
What is the mission statement of Delaware Valley Industrial Resource Center?
The Delaware Valley Industrial Resource Center is dedicated to supporting the local manufacturing sector. Their mission is to promote business growth among small to medium-sized manufacturing companies through consulting, training, and education, as well as networking opportunities. They offer a variety of programs and services to facilitate changes leading to improved productivity, efficiency, quality, and competitive positioning. The center's goal is to empower these companies to adapt and thrive in their respective industries.
Official website here: www.dvirc.org
Who is the CEO of Delaware Valley Industrial Resource Center?
Barry Miller is the President & Ceo of Delaware Valley Industrial Resource Center. The CEO's salary of Delaware Valley Industrial Resource Center is $272,247 and their total compensation is $338,408.
Official website here: www.dvirc.org
What is the revenue of Delaware Valley Industrial Resource Center?
Delaware Valley Industrial Resource Center's revenue in 2022 was $6,840,008.
Official website here: www.dvirc.org
Who are the executives of Delaware Valley Industrial Resource Center and what are their salaries?
The average compensation at Delaware Valley Industrial Resource Center during 2022 was $80,612. There are 40 employees and 10 volunteers at Delaware Valley Industrial Resource Center.
Here are 22 key members and their salaries (Delaware Valley Industrial Resource Center's CEO's salary is $272,247 and their total compensation is $338,408):
- Compensation: $272,247
- Related: $0
- Other: $66,161
- Compensation: $205,014
- Related: $0
- Other: $35,318
- Compensation: $184,022
- Related: $0
- Other: $34,880
- Compensation: $170,761
- Related: $0
- Other: $50,556
- Compensation: $159,992
- Related: $0
- Other: $38,824
- Compensation: $170,560
- Related: $0
- Other: $13,028
- Compensation: $156,567
- Related: $0
- Other: $13,804
- Compensation: $126,136
- Related: $0
- Other: $12,182
- Compensation: $120,528
- Related: $0
- Other: $32,345
- Compensation: $128,137
- Related: $0
- Other: $29,193
- Compensation: $106,750
- Related: $0
- Other: $10,969
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dvirc.org
Where can I find the form 990 for Delaware Valley Industrial Resource Center?
Delaware Valley Industrial Resource Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dvirc.org
Learn more at the official website: www.dvirc.org
Mission Statement of Delaware Valley Industrial Resource Center
Delaware Valley Industrial Resource Center, abbreviated as DVIRC, is dedicated to supporting the regional manufacturing community. Its mission is centered around fostering business growth for small to medium-sized manufacturing companies. DVIRC achieves this by offering a variety of consulting, training, and educational services. These programs and initiatives are designed to instigate and manage change within these companies, ultimately leading to improvements in productivity, efficiency, quality, and competitive positioning. By providing a comprehensive range of resources, DVIRC empowers these companies to adapt and thrive in their respective industries.
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Impact
October, 2024
Delaware Valley Industrial Resource Center significantly impacts the region's manufacturing community by enhancing business value through targeted consulting, training, and networking initiatives. By offering a diverse array of programs and services, the center supports small to medium-sized manufacturing companies in initiating and managing transformative processes. This focus on change management leads to improved productivity, efficiency, and quality, ultimately bolstering competitive positioning in the marketplace. Through its dedicated efforts, Delaware Valley Industrial Resource Center fosters community improvement and economic growth, creating a stronger and more resilient manufacturing sector in the Philadelphia area.
This information is meant to be a general summary of Delaware Valley Industrial Resource Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $3,749,751
- Gross Receipts: $6,840,008
Assets and Liabilities:
- Total Assets: $3,022,884
- Total Liabilities: $1,008,656
- Net Assets: $2,014,228
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING
Revenue
$3,749,751
Organization Details
Founding Year
1988
Phone
(215) 464-8550Principal Officer
Barry Miller
Main Address
2905 SOUTHAMPTON ROAD, PHILADELPHIA, PA, 191541270
Website
www.dvirc.orgNTEE Category
Code: S43 - Community improvement
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