Diamond State Sustainability Corporation
- Assets
- $139.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, DE
- Founding
- 08/2017
- Data as of
- 12/2020
- EIN
- 81-3997902
Organization Overview
Diamond State Sustainability Corporation is located in Camden, DE. The organization was established in 2017. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Diamond State Sustainability Corporation 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 12/2020, Diamond State Sustainability Corporation generated $144.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 50.1% each year . All expenses for the organization totaled $43.4k during the year ending 12/2020. While expenses have increased by 10.7% per year over the past 2 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
RUN WASTEWATER FACILITIES IN LOW POVERTY AREAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nello Paoli Director | 1 | $0 | |
Elio Batista VP & Secreta | 1 | $0 | |
Jeremy Kalmbacher President | 5 | $0 | |
Michael Vanderslice Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $144,476 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $144,476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $9,491 |
| Occupancy, rent, utilities, and maintenance | $8,447 |
| Printing, publications, postage, and shipping | $51 |
| Other expenses | $25,437 |
| Total expenses | $43,426 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,011 |
| Other assets | $0 |
| Total assets | $139,320 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,320 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Psats Enola, PA | $11,834,261 | $6,502,359 |
Greater Easton Development Partnership Easton, PA | $6,246,333 | $3,172,729 |
Rural Development Corp Vineland, NJ | $1,998,052 | $2,373,281 |
Progress Fund Greensburg, PA | $56,975,518 | $5,589,608 |
Greater Pittsburgh Chamber Of Commerce Pittsburgh, PA | $334,273 | $1,396,311 |
Alleghenies Broadband Incorporated Altoona, PA | $88,818 | $542,307 |
Maryland Hawk Corporation Inc Fruitland, MD | $0 | $75,105 |
Qeqchi Partners Inc Pittsburgh, PA | $169,873 | $124,476 |
Maryland International Corridor Community Development Corporation Hayattsville, MD | $86,488 | $0 |
Diamond State Sustainability Corporation Camden, DE | $139,320 | $0 |
Soar Of Greene Co Inc Waynesburg, PA | $8,041 | $17,810 |
Partnership For Rural Industrial Development Enterprises Somerset, PA | $184,517 | $59 |