National Development Corporation Of Delta Phi Epsilon Inc

Organization Overview

National Development Corporation Of Delta Phi Epsilon Inc is located in Philadelphia, PA. The organization was established in 1996. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, National Development Corporation Of Delta Phi Epsilon Inc employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Development Corporation Of Delta Phi Epsilon Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.

For the year ending 06/2021, National Development Corporation Of Delta Phi Epsilon Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 33.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE NATIONAL DEVELOPMENT CORPORATION OF DELTA PHI EPSILON, INC. WAS ESTABLISHED TO PROVIDE ASSISTANCE TO CHAPTERS OF DELTA PHI EPSILON SORORITY, INC. IN THE MANAGEMENT AND MAINTENANCE OF SAFE AND SECURE HOUSING. HOWEVER, THE BOARD OF DIRECTORS IS SEPARATE AND INDEPENDENT FROM THE SORORITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE NATIONAL DEVELOPMENT CORPORATION OF DELTA PHI EPSILON, INC. WAS ESTABLISHED TO PROVIDE ASSISTANCE TO CHAPTERS OF DELTA PHI EPSILON SORORITY, INC. IN THE MANAGEMENT AND MAINTENANCE OF SAFE AND SECURE HOUSING. HOWEVER, THE BOARD OF DIRECTORS IS SEPARATE AND INDEPENDENT FROM THE SORORITY.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$222,854
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$222,854
Total Program Service Revenue$2,788,590
Investment income $15
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,037,660

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