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National Development Corporation Of Delta Phi Epsilon Inc

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

EIN: 431748524 ✦ Philadelphia, PA ✦ Designated as a 501(c)(2)

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Overview

What is National Development Corporation Of Delta Phi Epsilon Inc?

National Development Corporation of Delta Phi Epsilon Inc, based in Philadelphia, Pennsylvania, is a nonprofit organization established to aid chapters of Delta Phi Epsilon Sorority Inc. Their primary mission is to support the safe and secure management and maintenance of housing for these chapters. The corporation's board of directors maintains its independence from the sorority, ensuring an objective approach to their assistance. With a team of 36 individuals, they strive to enhance the living conditions for members of the Delta Phi Epsilon Sorority.

Is National Development Corporation Of Delta Phi Epsilon Inc legitimate?

National Development Corporation Of Delta Phi Epsilon Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. National Development Corporation Of Delta Phi Epsilon 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $515,296

For more financial information, click here

What is the mission statement of National Development Corporation Of Delta Phi Epsilon Inc?

The National Development Corporation of Delta Phi Epsilon Inc was established with a mission to aid chapters of Delta Phi Epsilon Sorority Inc in managing and maintaining safe and secure housing. The corporation operates independently from the sorority, as overseen by its separate and autonomous board of directors. The primary goal is to ensure the safety and security of the housing facilities for the sorority members. The corporation's role is to provide assistance and support in managing and maintaining these properties, ensuring a comfortable and secure living environment for the sorority members.

Who is the CEO of National Development Corporation Of Delta Phi Epsilon Inc?

Nicole Defeo is the Treasurer of National Development Corporation Of Delta Phi Epsilon Inc.

What is the revenue of National Development Corporation Of Delta Phi Epsilon Inc?

National Development Corporation Of Delta Phi Epsilon Inc's revenue in 2022 was $4,181,858.

Who are the executives of National Development Corporation Of Delta Phi Epsilon Inc and what are their salaries?

The average compensation at National Development Corporation Of Delta Phi Epsilon Inc during 2022 was $14,314. There are 36 employees at National Development Corporation Of Delta Phi Epsilon Inc.


Here are 4 key members and their salaries:


Nicole Defeo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Eng-Pascual (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marci Spero Gordon (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arleen Kruger Honick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for National Development Corporation Of Delta Phi Epsilon Inc?

National Development Corporation Of Delta Phi Epsilon Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of National Development Corporation Of Delta Phi Epsilon Inc

National Development Corporation of Delta Phi Epsilon Inc was established with a specific mission to aid chapters of Delta Phi Epsilon Sorority Inc in managing and maintaining safe and secure housing. This nonprofit organization distinguishes itself by having a separate and independent board of directors from the sorority itself. The primary goal of National Development Corporation is to ensure that the housing facilities under its care are well-managed and secure, providing a safe environment for the sorority's members. The corporation's mission is essential in supporting the overall well-being and safety of the sorority chapters and their members.

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Impact




October, 2024

The National Development Corporation of Delta Phi Epsilon Inc. plays a crucial role in supporting the chapters of Delta Phi Epsilon Sorority, Inc. by providing essential resources and guidance in managing and maintaining safe and secure housing. This organization helps ensure that sorority members have access to well-maintained facilities, fostering a positive living environment that contributes to their overall experience and safety.

Through its efforts, the Corporation directly impacts the quality of life for members by promoting standards that enhance community living, ensuring that housing solutions meet the needs of the chapters. Its commitment to maintaining secure housing not only supports the operational needs of sorority chapters but also reinforces the values of community and sisterhood. By enabling safe spaces for interaction, collaboration, and personal growth, the Corporation strengthens the bonds among members and enhances the sorority's legacy.

Additionally, the separation of the board of directors from the sorority emphasizes a focused approach to housing management, allowing for specialized attention to the needs of the chapters without being directly tied to the governance of the sorority itself. This independence ensures that the Corporation can effectively address issues related to housing while supporting Delta Phi Epsilon's broader mission of community improvement and empowerment.




This information is meant to be a general summary of National Development Corporation Of Delta Phi Epsilon Inc. 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.

Revenue
$4,181,858 (2022)
Expenses
$4,176,391 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13
  • Program Service Revenue: $4,113,498
  • Gross Receipts: $4,181,858

Assets and Liabilities:

  • Total Assets: $5,376,118
  • Total Liabilities: $3,214,658
  • Net Assets: $2,161,460

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Programs

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

PROPERTY INCOME

Revenue

$3,410,440

MEAL PLAN INCOME

Revenue

$703,058

Organization Details

Principal Officer

Nicole Defeo

Main Address

251 S CAMAC STREET, PHILADELPHIA, PA, 19107

NTEE Category

Code: S47 - Community improvement

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