2022-11-15T10:33:24-06:00 2022-06-30 510232399 BELFINT LYONS & SHUMAN PA 1011 CENTRE RD STE 310 WILMINGTON DE 19805 990PF 2021-07-01 454797267 COMMUNITY EDUCATION BUILDING CORP COMM 3026604800 1200 NORTH FRENCH STREET WILMINGTON DE 19801 LINDA JENNINGS ESQ CHIEF EXECUTIVE OFFICER 3026604800 2022-11-14 1 LINDA JENNINGS ESQ 999009999 JONATHAN D MOLL CPA P01053700 3022250600 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X 62091900 X 1392646 3611502 3611502 0 0 1324893 975872 349021 349021 56400 0 56400 5409569 0 405421 187916 0 0 187916 1800214 0 0 1800214 284507 0 0 284507 12339 0 0 12339 25980 0 0 25980 549215 0 0 549215 963208 0 0 963208 1121857 0 0 527330 0 0 527330 21641 0 0 21641 2390894 0 0 2390894 7885101 0 0 6763244 0 0 7885101 0 0 6763244 -2475532 0 405421 3636701 2362770 2362770 208282 320240 208282 208282 26156434 30931366 26156434 26156434 13000 13000 13000 41880506 8529092 33669034 33351414 33351414 68570341 62091900 62091900 606776 634353 28977 28933829 28200227 3572161 246300 33112766 29109857 X 2626090 4844117 32831485 28137926 35457575 32982043 68570341 62091900 35457575 -2475532 3400861 36382904 3400861 32982043 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 DE 1 1 0 1 0 1 WWW.CEBDE.ORG DAVID BLOWMAN 3026604800 1200 N FRENCH STREET WILMINGTON DE 19801 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ELEUTHERE I DU PONT 1200 N FRENCH STREET WILMINGTON DE 19801 CHAIRMAN 5.00 0 0 0 WILLIAM MANNING 1200 N FRENCH STREET WILMINGTON DE 19801 SECRETARY 2.00 0 0 0 LOGAN HERRING 1200 N FRENCH STREET WILMINGTON DE 19801 DIRECTOR 2.00 0 0 0 ELI SHARP 1200 N FRENCH STREET WILMINGTON DE 19801 DIRECTOR 2.00 0 0 0 RITA LANDGRAF 1200 N FRENCH STREET WILMINGTON DE 19801 DIRECTOR 2.00 0 0 0 TERI QUINN-GRAY 1200 N FRENCH STREET WILMINGTON DE 19801 DIRECTOR 2.00 0 0 0 LINDA JENNINGS 1200 N FRENCH STREET WILMINGTON DE 19801 CHIEF EXECUTIVE OFFICER 40.00 187916 18603 0 DAVID BLOWMAN 1200 N FRENCH STREET WILMINGTON DE 19801 CFO/COO 40.00 136589 0 0 IHSAN MUHAMMAD 1200 N FRENCH STREET WILMINGTON DE 19801 IMPACT OFFICER 40.00 117420 0 0 MICHAEL SNYDER 1200 N FRENCH STREET WILMINGTON DE 19801 FACILITIES DIRECTOR 40.00 96478 10786 0 JAMES STALLINGS 1200 N FRENCH STREET WILMINGTON DE 19801 COMMUNITY OUTREACH D 40.00 80678 16667 0 ELIZABETH RENZO 1200 N FRENCH STREET WILMINGTON DE 19801 DEVELOPMENT DIRECTOR 40.00 84500 2250 0 4 TORNADO II JANITORIAL SERVICE PO BOX 12936 WILMINGTON DE 19850 CUSTODIAL SERVICES 595159 US FOODS 2255 HIGH HILL ROAD BRIDGEPORT NJ 08014 FOOD SUPPLIES 499816 RUSSELL GRANT 165 STEVENS ROAD RISING SUN MD 21911 CONSTRUCTION 334252 EAST COAST PLUMBING AND HVAC 26 BROOKHILL DR NEWARK DE 19702 REPAIRS AND MAINTENANCE 276699 ALLIED UNIVERSAL 161 WASHINGTON ST STE 600 CONSHOHOCKEN PA 19248 SECURITY SERVICES 251180 16 THE MISSION OF THE CEB IS TO BUILD AN EDUCATIONAL SUPPORT SYSTEM THAT ALLOWS EVERY STUDENT AN EQUITABLE OPPORTUNITY TO SUCCEED. CEB'S INNOVATIVE EDUCATIONAL MODEL CREATES EDUCATIONAL EQUITY FOR TRADITIONALLY UNDERSERVED STUDENTS BY REMOVING BARRIERS THAT CAUSE INEQUITABLE ACCESS TO LEARNING, CREATING OPPORTUNITIES FOR STUDENTS, INVESTING IN STABLE FAMILIES, AND ENABLING ACADEMIC EXCELLENCE BY FREEING SCHOOLS TO FOCUS ON TEACHING AND LEARNING. IN DOING SO STUDENTS WILL HAVE THE NETWORK, CONFIDENCE, AND SKILLS NECESSARY TO SUCCEED IN SCHOOL AND BE PREPARED FOR LIFE BEYOND HIGH SCHOOL. DURING THIS YEAR, CEB TOOK A GIANT STEP TOWARD LONG-TERM FINANCIAL AND OPERATIONAL SUSTAINABILITY. THE CEB IS NOW 95% OCCUPIED IN ADDITION, SEVERAL MULTI-YEAR GRANTS HAVE SUPPORTED MODERATE PROGRAM GROWTH ALLOWING US TO COLLECT AND SHARE DATA THAT DEMONSTRATES THE TREMENDOUS IMPACT OUR INNOVATE MODEL IS HAVING ON STUDENT SUCCESS. 7954783 0 0 3302387 0 3302387 0 0 3302387 49536 3252851 162643 X 6763244 0 804237 7567481 2012-06-19 X 162643 182408 149291 119240 613582 138247 155047 126897 101354 521545 7567481 6657568 6120970 6363708 26709727 0 0 0 0 0 7567481 6657568 6120970 6363708 26709727 62091900 68570341 72280983 70017998 272961222 58789513 64866622 69249695 67596877 260502707 108429 121605 99527 79493 409054 0 0 0 0 X 0 0 WAVE LEARNING PROGRAM SERVICE REVENUE 42000 3611502 349021 REFUND OF PRIOR YEAR EXPENSE 14400 0 0 4016923 4016923 1A TO PROVIDE LEARNING AND ENGAGEMENT OPPORTUNITIES TO YOUTH THROUGH A 1A PROGRAM CALLED THE WAVE LEARNING SYSTEM. 5 TO PROVIDE EDUCATIONAL RENTAL SPACE AND SERVICES TO CHARTER SCHOOLS 5 AT BELOW MARKET RATES. 10 REIMBURSEMENTS FOR MEALS PROVIDED TO LOW INCOME STUDENTS. 11A THE ORGANIZATION CONTRACTED WITH A VENDOR TO PROVIDE MOBILE HEALTH 11A SERVICES IN PRIOR FISCAL YEAR. VENDOR WAS UNABLE TO FULFILL SERVICE 11A AND REFUNDED THE ORGANIZATION IN FISCAL YEAR 2022. 0 0 0 0 0 0 0 0 0 0 X X 1 LINDA JENNINGS 1200 N FRENCH ST WILMINGTON DE 19801 5000 X 2 LONGWOOD FOUNDATION (SEE STMNT 15) 100 W 10TH STREET SUITE 1109 WILMINGTON DE 19801 926404 X 3 DELAWARE HEALTH AND SOCIAL SERVICES 1901 N DUPONT HWY NEW CASTLE DE 19720 28000 X 4 ELI R SHARP 1200 N FRENCH ST WILMINGTON DE 19801 5000 X 5 DISCOVER BANK 2500 LAKE COOK RD RIVERWOODS IL 60015 25000 X 6 US DEPARTMENT OF JUSTICE 950 PENNSYLVANIA AVENUE NW WASHINGTON DC 20530 41023 X 7 UNITED WAY OF DELAWARE 625 NORTH ORANGE STREET WILMINGTON DE 19801 151771 X 8 E DUPONT 1200 N FRENCH ST WILMINGTON DE 19801 6000 X ACCOUNTING FEES 25980 0 0 25980 SCHEDULE OF CONTROLLED ENTITIES FORM 990-PF, PART VII-A LINE 11 THE COMMUNITY EDUCATION REALTY CORP1200 NORTH FRENCH STREETWILMINGTON, DE 19808EIN: 46-4092933EXCESS BUSINESS HOLDING [ ] YES [X] NO EXPLANATION OF CURRENT YEAR REVENUE FORM 990-PF, PART I, LINE 1 AS OF JUNE 30, 2022, ALL CONTRIBUTIONS RECEIVABLE BY THE ORGANIZATION WERE THE RESULT OF A COMMITMENT FROM THE LONGWOOD FOUNDATION TO PROVIDE THE SUPPORT NEEDED TO SERVICE THE ORGANIZATION'S LONG-TERM DEBT. ON NOVEMBER 29, 2018, THE ORGANIZATION ENTERED INTO THE CONTINUING SUPPORT AGREEMENT WITH THE LONGWOOD FOUNDATION TO PROVIDE GRANT PROCEEDS TO THE ORGANIZATION ANNUALLY TO SUPPORT THE PAYMENT OF INTEREST AND PRINCIPAL REQUIRED BY THE ORGANIZATION'S DEBT OBLIGATIONS. THE PRESENT VALUE OF THE PLEDGED SUPPORT IS RECOGNIZED AS REVENUE IN PART I, LINE 1, OF FORM 990-PF HOWEVER, THE PLEDGE PAYMENTS WILL BE RECEIVED OVER A PERIOD OF 20 YEARS. THE PRESENT VALUE OF THE PLEDGED SUPPORT IS ALSO REFLECTED IN SCHEDULE B, PART I, INCLUDED IN THE TOTAL CONTRIBUTIONS RECEIVED BY THE ORGANIZATION FROM THE LONGWOOD FOUNDATION. LANDS AND LAND IMPROVEMENTS 2665252 0 2665252 2665252 BUILDING 37395845 7215570 30180275 30180275 OFFICE FURNITURE, VEHICLES AND EQUIPMENT 1819409 1313522 505887 505887 LEGAL FEES 12339 0 0 12339 DECREASE IN PLEDGES RECEIVABLE FROM GAIN ON DERIVATIVE CONTRACT 3400861 LIBRARY SUBSCRIPTIONS 24836 0 0 24836 EQUIPMENT 38171 0 0 38171 INSURANCE 311159 0 0 311159 JANITORIAL 656314 0 0 656314 OFFICE 86537 0 0 86537 REPAIRS & MAINTENANCE 793333 0 0 793333 SECURITY 311402 0 0 311402 SUPPLIES 60854 0 0 60854 IT SYSTEMS 99288 0 0 99288 PROFESSIONAL DEVELOPMENT 9000 0 0 9000 WAVE LEARNING PROGRAM SERVICE REVENUE 42000 42000 REFUND OF PRIOR YEAR EXPENSE 14400 14400 GAIN ON DERIVATIVE CONTRACT 3400861 RENTAL DEPOSIT 9418 84418 DERIVATIVE CONTRACT - INTEREST RATE SWAP 3562743 161882 PROFESSIONAL CONTRACTED SERVICES 549215 0 0 549215