Robert N Downs Memorial Conservancy Inc
- Assets
- $41.2m
- Revenue
- $624.6k
- Investments
- $16.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 08/1989
- Data as of
- 03/2023
- EIN
- 51-0319062
Organization Overview
Robert N Downs Memorial Conservancy Inc is located in Wilmington, DE. The organization was established in 1989. According to its NTEE Classification (G25) the organization is classified as: Down Syndrome, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert N Downs Memorial Conservancy 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 03/2023, Robert N Downs Memorial Conservancy Inc generated $624.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $1.1m during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCING LAND CONSERVATION, FACILITATING CONSERVATION & HISTORIC PRESERVATION IN NEW CASTLE COUNTY, DELAWARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pierre D Hayward President | 5 | $0 | |
Stephen Petrucci CPA Treasurer | 7 | $52,420 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $127,298 |
| Dividends & Interest | $301,288 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $97,963 |
| Capital Gain Net Income | $97,963 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $624,649 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $52,420 |
| Other employee salaries and wages | $161,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,437 |
| Depreciation | $203,440 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $430,552 |
| Total operating and administrative expenses | $1,095,506 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,095,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $963,666 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $24,179,935 |
| Other assets | $0 |
| Total assets | $41,194,242 |
| Accounts payable and accrued expenses | $11,738 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,738 |
Grants Awarded
Over the last fiscal year, Robert N Downs Memorial Conservancy Inc has awarded $9,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
THE TATNALL SCHOOL PURPOSE: USED IN CONJUNCTION W STUDIESPROVIDE MATERIALS TO BEDONE ON CONSERVANCY LAND. | $8,000 |
FIVE POINTS FIRE COMPANY PURPOSE: FIRE PREVENTION | $250 |
ELSMERE FIRE COMPANY PURPOSE: FIRE PREVENTION | $250 |
CRANSTON HEIGHTS FIRE COMPANY PURPOSE: FIRE PREVENTION | $250 |
TALLEYVILLE FIRE COMPANY PURPOSE: FIRE PREVENTION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert N Downs Memorial Conservancy Inc Wilmington, DE | $41,194,242 | $624,649 |
Ellason Downs Testamentary Charitable Tr Wilmington, DE | $7,608,873 | $235,035 |
Down Syndrome Support Group Of South Jersey Inc Cherry Hill, NJ | $186,801 | $0 |
Downs Foundation Philadelphia, PA | $988,551 | $58,988 |
Chester County Down Syndrome Interest Group West Chester, PA | $81,585 | $0 |
David Downs Highbee T-W 10065-67-0 Pittsburgh, PA | $380,949 | $9,878 |
Jere A Downs Tr Uw Art 5-9 10 3654 00 0 Pittsburgh, PA | $212,818 | -$132 |
Downs J A For Winchester Unit Soc- Tr Pittsburgh, PA | $247,304 | -$806 |
Northern New Jersey Down Syndrome Alliance A Nj Nonprofit Corporatio Wyckoff, NJ | $0 | $0 |
Loretta Mcgowan Foundation Inc Rutherford, NJ | $35,328 | $0 |