Food Bank Of Delaware Inc

Organization Overview

Food Bank Of Delaware Inc is located in Newark, DE. The organization was established in 1972. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Food Bank Of Delaware Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Delaware Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Food Bank Of Delaware Inc generated $35.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $33.2m during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE TAX EXEMPT PURPOSE OF THE ORGANIZATION IS TO HELP CREATE A COMMUNITY FREE FROM HUNGER BY PROVIDING FOOD TO THOSE IN NEED AND INFORMATION TO OTHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOOD DISTRIBUTION - THE FOOD DISTRIBUTION PROGRAM MAINTAINS FOOD AND RELATED PRODUCT OBTAINED THROUGH DONATIONS, WHICH ARE THEN MADE AVAILABLE TO QUALIFIED MEMBER AGENCIES FOR A SHARED MAINTENCE FEE.


COMMUNITY DEVELOPMENT - THE COMMUNITY DEVELOPMENT PROGRAM ASSISTS NEW AND CURRENT MEMBERS AGENCIES IN MAXIMIZING THE BENEFITS THE FOOD BANK OFFERS.


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Board, Officers & Key Employees

Name (title)Compensation
Sanjay Malik
Former Inter
$177,483
Cathy Kanefsky
President An
$123,437
Trevor Turner
C.o.o
$109,510
Lawrence Haas
Chief Dev. O
$107,688
Anna Mcdermott
Sr. Dir Of W
$86,578
Gregg Schmidt
Ext. Affairs
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
M Fellinger Co
Food Sales
$831,031
Mid-atlantic Regional Cooperative
Distribution
$1,268,198
Simco Sales
Food Sales
$577,578
Whiting-turner Contracting Company
Construction
$520,880
Becker Morgan Group
Design
$645,032
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,895,313
All other contributions, gifts, grants, and similar amounts not included above$26,927,835
Noncash contributions included in lines 1a–1f $18,521,195
Total Revenue from Contributions, Gifts, Grants & Similar$33,823,148
Total Program Service Revenue$1,103,150
Investment income $4,391
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$21,995
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $34,997,234

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Food Bank Of Delaware Inc has recieved totaling $700.

Awarding OrganizationAmount
The Rita And Harry Greenberger Foundation Inc

Haddonfield, NJ

PURPOSE: GENERAL PURPOSES

$500
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$100
Martin I And Sandra P Lubaroff Family Foundation

Audubon, PA

PURPOSE: GIFT TO HELP ASSIST THE ONGOING EFFORTS OF FOOD DONATION

$100
View Grant Recipient Profile

Endowment Analysis

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