DELAWARE COMMUNITY REINVESTMENT ACTION COUNCIL INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- DELAWARE COMMUNITY REINVESTMENT ACTION COUNCIL INC (EIN 51-0329119)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2016-11-14
- IRS object ID
- 201633199349304473
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-14T11:33:10-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 510232475 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COVER & ROSSITER PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 62 ROCKFORD ROAD SUITE 200 | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19806 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 510329119 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELAWARE COMMUNITY REINVESTMENT ACTION | BusinessNameLine1Txt |
| Business Name Line2 | COUNCIL INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DELA | BusinessNameControlTxt |
| Phone | 3022983250 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH HARRISON STREET | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19805 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RASHMI RANGAN | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 3022983250 | PhoneNum |
| Signature | 2016-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER KENNEDY | PreparerPersonNm |
| PTIN | P00571422 | PTIN |
| Phone | 3026566632 | PhoneNum |
| Preparation | 2016-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MS RASHMI RANGAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH HARRISON STREET | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19805 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $890,268 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DCRAC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1987 | FormationYr |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Activity Or Mission | THE MISSION OF THE DELAWARE COMMUNITY REINVESTMENT ACTION COUNCIL IS TO ENSURE EQUITABLE TREATMENT AND EQUAL ACCESS TO CAPITAL FOR UNDERSERVED POPULATIONS AND COMMUNITIES IN DELAWARE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 10 | TotalEmployeeCnt |
| Total Volunteers | 17 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $473,587 | PYContributionsGrantsAmt |
| CY Contributions Grants | $540,641 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $451 | PYInvestmentIncomeAmt |
| CY Investment Income | $178 | CYInvestmentIncomeAmt |
| PY Other Revenue | $35,066 | PYOtherRevenueAmt |
| CY Other Revenue | $344,262 | CYOtherRevenueAmt |
| PY Total Revenue | $509,104 | PYTotalRevenueAmt |
| CY Total Revenue | $885,081 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $335,459 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $343,417 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $26,166 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $293,192 | PYOtherExpensesAmt |
| CY Other Expenses | $216,666 | CYOtherExpensesAmt |
| PY Total Expenses | $628,651 | PYTotalExpensesAmt |
| CY Total Expenses | $560,083 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$119,547 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $324,998 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $556,458 | TotalAssetsBOYAmt |
| Total Assets EOY | $889,177 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $65,526 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $73,247 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $490,932 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $815,930 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE DELAWARE COMMUNITY REINVESTMENT ACTION COUNCIL'S MISSION IS TO ENSURE EQUITABLE TREATMENT AND EQUAL ACCESS TO CREDIT AND CAPITAL FOR UNDERSERVED POPULATIONS AND COMMUNITIES IN DELAWARE THROUGH ADVOCACY, EDUCATION, LEGISLATION AND OUTREACH. FOUNDED IN 1987, DCRAC WAS THE FIRST NONPROFIT IN DELAWARE TO BE AWARDED THE STANDARDS FOR EXCELLENCE "SEAL OF EXCELLENCE" IN 2007 AFTER COMPLETING A RIGOROUS VOLUNTARY REVIEW. THE SEAL IS A VISIBLE SYMBOL OF A WELL-MANAGED AND RESPONSIBLY-GOVERNED NONPROFIT ORGANIZATION. DCRAC PROVIDES ALL OF ITS SERVICES AT NO COST AND WITHOUT REGARD TO RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, FAMILIAL STATUS, DISABILITY, AGE, CREED, SOURCE OF INCOME, MARITAL STATUS, OR SEXUAL ORIENTATION. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $145,779 | ExpenseAmt |
| Desc | LOW INCOME TAX CLINIC: THE LOW INCOME TAX CLINIC IS THE ONLY SUCH NONPROFIT PROGRAM IN DELAWARE PROVIDING ACCESS TO INFORMATION AND REPRESENTATION. THE STORY OF OUR INVOLVEMENT BEGINS AFTER A TAXPAYER FILES OR SHOULD HAVE FILED A TAX RETURN. CONTROVERSIES WITH THE IRS MAY INVOLVE; A LEVY ON SOCIAL SECURITY; A LIEN AGAINST A HOME MAKING IT DIFFICULT TO SELL OR TO MODIFY A MORTGAGE; A LEVY ON BANK ACCOUNTS; AN INNOCENT SPOUSE BECOMING EMBROILED IN A TAX DISPUTE FOR WHICH SHE BEARS NO RESPONSIBILITY, OR; A CASE WHICH REACHES US TAX COURT. PROBLEMS CAN EMANATE FROM THE LOSS OF A JOB, A DIVORCE, AN ILLNESS, AN UNSUCCESSFUL BUSINESS VENTURE, FAILURE TO PAY TAXES OR TAXES THAT WERE INCORRECTLY COMPUTED OR FILED. WE OBTAIN EQUITABLE TREATMENT WHICH INVOLVES A FAIR HEARING AND RESOLUTION OF THEIR TAX LIABILITY WITH DUE REGARD FOR THE INDIVIDUAL'S FINANCIAL CIRCUMSTANCES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $164,504 | ExpenseAmt |
| Desc | ECONOMIC JUSTICE PROGRAM: IN 2011, THE NATIONAL CREDIT UNION ADMINISTRATION CHARTERED ONLY ONE COMMUNITY CREDIT UNION IN THE UNITED STATES; STEPPING STONES COMMUNITY FEDERAL CREDIT UNION SPONSORED BY DCRAC. STEPPING STONES' MISSION IS TO PROVIDE ITS MEMBERS WITH NEED-APPROPRIATE FINANCIAL SERVICES, EDUCATION AND INDIVIDUALIZED APPROACHES TO MONEY MATTERS SO THEY ARE AWARE OF ALL OF THEIR FINANCIAL CHOICES. DCRAC SUPPORTS THE CREDIT UNION BY PROVIDING ALL BACK OFFICE FUNCTIONS, PERSONNEL AND FINANCIAL SUPPORT. ON DECEMBER 31, 2015, STEPPING STONES COMMUNITY FEDERAL CREDIT UNION HAD $1,061,287 IN DEPOSITS AND 404 MEMBERS. IN ADDITION, DCRAC HOSTED THE CONSUMER FINANCIAL PROTECTION BUREAU'S FIELD HEARING IN WILMINGTON, DE ON PRE-PAID CARDS AND SUPPORTED THE DEPARTMENT OF DEFENSE PROPOSAL TO BROADEN THE SCOPE OF THE MILITARY LENDING ACT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $100,716 | ExpenseAmt |
| Desc | HOUSING CLINIC: OUR FOCUS IS ON FORECLOSURE PREVENTION AND HELPING FIRST-TIME HOMEBUYERS EXPLORE HOME OWNERSHIP OPPORTUNITIES. BEHIND EVERY FORECLOSURE IS A FAMILY WHO HAS LOST ITS LARGEST STORE OF WEALTH, HAS SUSTAINED AN EXTENSIVE INJURY TO ITS CREDIT RATING, AND HAS LOST CONFIDENCE IN THE SYSTEM. WE HELP GUIDE THESE FAMILIES TOWARD A MORE SECURE FINANCIAL FUTURE. OUR GOAL IS TO HELP HOMEOWNERS ASSESS THEIR CHOICES; KEEP THEIR HOMES BY WORKING OUT A FEASIBLE PLAN, OR FIND ALTERNATIVE HOUSING. LOOKING TO THE FUTURE, WE WANT NEW HOMEOWNERS TO BUILD AND PRESERVE THEIR WEALTH. WE WANT THEM TO RECOGNIZE THAT IT IS THEIR RESPONSIBILITY TO PROTECT THEIR LARGEST INVESTMENT - THEIR HOME. WE WANT THEM TO OBTAIN A MORTGAGE THAT IS SUITABLE TO THEIR FINANCIAL ABILITY, SUCCESSFULLY PAY OFF THEIR MORTGAGE IN FULL, SELL THEIR HOME, OR REFINANCE - BECAUSE IT IS A SOUND FINANCIAL DECISION. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $92,608 | ExpenseAmt |
| Desc | CREDIT CLINIC: LAUNCHED IN 1995, THE PROGRAM HAS CHANGED IN RESPONSE TO OUR CLIENTS, TECHNOLOGY AND OF COURSE, CHANGES IN THE INDUSTRY. BUT AT ITS CORE, THE CREDIT CLINIC PROGRAM REMAINS FOCUSED ON BUILDING THE ABILITY OF, AND OPPORTUNITY FOR, ITS CLIENTS TO MAKE SMART FINANCIAL DECISIONS. MONEY MATTERS! IS AN HOUR OVERVIEW OF THE IMPORTANCE OF BASIC FINANCIAL PLANNING SO THERE IS MORE MONEY AT THE END OF THE MONTH. BORROW $MART IS A NINE-HOUR CLASS. THE FIRST THREE HOURS ARE IN A CLASSROOM SETTING. THE NEXT THREE MODULES ARE ON-LINE. FINALLY, GRADUATES ARE INVITED TO SIGN UP FOR THE ON-LINE ADVANCING PROSPERITY PROGRAM; A 52-WEEK COURSE WHERE PARTICIPANTS RECEIVE SHORT ASSIGNMENTS EACH MONDAY MORNING. THE GOAL IS TO CHALLENGE THEM TO SAVE $1,376 BY THE END OF THE YEAR. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $92,608 | TotalOtherProgSrvcExpenseAmt |
| Total Program Service Expenses | $503,607 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 10 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MS RASHMI RANGAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3022983250 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SOUTH HARRISON STREET | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19805 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| DOMENIC PEDANTE | |||||||
| SECRETARY | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| VINCENT LOFINK | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| CAROL L DAVIS | |||||||
| CHAIRMAN | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| AUSTIN EDISON | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ALBERT GRIFFITH | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHANTEL VANDERHORST | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAN BODDIE | |||||||
| VICE CHAIRMAN | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| SHONDELL AYALA | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KATHY MCDANIEL | |||||||
| DIRECTOR | 1.00 | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RASHMI RANGAN | |||||||
| EXECUTIVE DIRECTOR | 40.00 | 20.00 | $90,416 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $90,416 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $97,867 | GovernmentGrantsAmt |
| All Other Contributions | $442,774 | AllOtherContributionsAmt |
| Total Contributions | $540,641 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $178 | TotalRevenueColumnAmt |
| Exclusion | $178 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $47,355 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $5,187 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,168 | TotalRevenueColumnAmt |
| Exclusion | $42,168 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| MISCELLANEOUS | 900099 | $279,576 | $279,576 |
| GIFTED LOAN PAYMENTS | 900099 | $22,518 | $22,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $302,094 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $885,081 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $344,440 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,416 | TotalAmt |
| Program Services | $72,332 | ProgramServicesAmt |
| Management And General | $9,042 | ManagementAndGeneralAmt |
| Fundraising | $9,042 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,326 | TotalAmt |
| Program Services | $202,232 | ProgramServicesAmt |
| Management And General | $10,845 | ManagementAndGeneralAmt |
| Fundraising | $15,249 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,675 | TotalAmt |
| Program Services | $21,245 | ProgramServicesAmt |
| Management And General | $1,555 | ManagementAndGeneralAmt |
| Fundraising | $1,875 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,172 | TotalAmt |
| Program Services | $22,609 | ProgramServicesAmt |
| Management And General | $563 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,662 | TotalAmt |
| Program Services | $10,961 | ProgramServicesAmt |
| Management And General | $701 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,027 | TotalAmt |
| Program Services | $10,365 | ProgramServicesAmt |
| Management And General | $662 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,988 | TotalAmt |
| Program Services | $12,209 | ProgramServicesAmt |
| Management And General | $779 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,434 | TotalAmt |
| Program Services | $32,371 | ProgramServicesAmt |
| Management And General | $2,063 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,530 | TotalAmt |
| Program Services | $24,940 | ProgramServicesAmt |
| Management And General | $1,590 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,454 | TotalAmt |
| Program Services | $2,307 | ProgramServicesAmt |
| Management And General | $147 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,744 | TotalAmt |
| Program Services | $1,639 | ProgramServicesAmt |
| Management And General | $105 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,000 | TotalAmt |
| Program Services | $55,000 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,041 | TotalAmt |
| Program Services | $15,078 | ProgramServicesAmt |
| Management And General | $963 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,072 | TotalAmt |
| Program Services | $4,769 | ProgramServicesAmt |
| Management And General | $303 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| OTHER MISCELLANEOUS | $11,792 | $11,085 | $707 |
| TELEVISION PROGRAMMING | $4,750 | $4,465 | $285 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $560,083 | TotalAmt |
| Program Services | $503,607 | ProgramServicesAmt |
| Management And General | $30,310 | ManagementAndGeneralAmt |
| Fundraising | $26,166 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $218,955 | BOYAmt |
| EOY | $267,055 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $60,470 | BOYAmt |
| EOY | $60,832 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $638,992 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $90,290 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $263,667 | BOYAmt |
| EOY | $548,702 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,866 | BOYAmt |
| EOY | $12,255 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $500 | BOYAmt |
| EOY | $333 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,458 | BOYAmt |
| EOY | $889,177 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,258 | BOYAmt |
| EOY | $16,674 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,268 | BOYAmt |
| EOY | $56,573 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,526 | BOYAmt |
| EOY | $73,247 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $390,932 | BOYAmt |
| EOY | $770,930 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,000 | BOYAmt |
| EOY | $45,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $490,932 | BOYAmt |
| EOY | $815,930 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $556,458 | BOYAmt |
| EOY | $889,177 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $324,998 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $351,880 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $489,808 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $591,623 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $473,587 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $815,641 | CurrentTaxYearAmt |
| Total | $2,722,539 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $351,880 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $489,808 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $591,623 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $473,587 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $815,641 | CurrentTaxYearAmt |
| Total | $2,722,539 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $459,720 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,262,819 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -$11 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,137 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,844 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,088 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $178 | CurrentTaxYearAmt |
| Total | $6,236 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $30,063 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,038 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $51,931 | CurrentTaxYearAmt |
| Total | $125,032 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $2,853,807 | TotalSupportAmt |
| Public Support CY170 | 0.79290 | PublicSupportCY170Pct |
| Public Support PY170 | 0.82490 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE B, NUMBER 2 | FormAndLineReferenceDesc |
| Explanation | DURING THE YEAR, THE COUNCIL RECEIVED TITLE TO A BUILDING WORTH $275,000 WHICH IT HAS CLASSIFIED AS AN UNUSUAL GRANT. THE COUNCIL INTENDS TO USE THE BUILDING AS ITS NEW HEADQUARTERS. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | Yes (1) | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $1,808 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $1,808 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II-B, LINE 1: | FormAndLineReferenceDesc |
| Explanation | THE EXECUTIVE DIRECTOR SPENT THREE DAYS MEETING WITH STATE LEGISLATORS ON THE FOLLOWING ISSUES RELATED DIRECTLY TO DCRAC'S MISSION: SPENDING DELAWARE'S SHARE OF FUNDS FROM SETTLEMENTS WITH FINANCIAL INSTITUTIONS OVER THE MORTGAGE CRISIS FOR THEIR INTENDED PURPOSE; AGAINST A BILL THAT WOULD HAVE ALLOWED CREDITORS TO ATTACH STATE TAX REFUNDS; AGAINST A BILL THAT WOULD HAVE ALLOWED STORAGE UNIT OWNERS TO PROVIDE ONLY E-MAIL NOTIFICATIONS TO TENANTS THAT THEIR BELONGINGS WILL BE SEIZED AND SOLD. DOLLAR AMOUNT IS ESTIMATED AT 2% OF WAGES AND BENEFITS. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,500 | OtherCostOrOtherBasisAmt |
| Book Value | $9,500 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $579,819 | OtherCostOrOtherBasisAmt |
| Depreciation | $68,205 | DepreciationAmt |
| Book Value | $511,614 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,036 | OtherCostOrOtherBasisAmt |
| Depreciation | $3,357 | DepreciationAmt |
| Book Value | $1,679 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $44,637 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,728 | DepreciationAmt |
| Book Value | $25,909 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $548,702 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $1,190,268 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $300,000 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $300,000 | RevenueNotReportedAmt |
| Revenue Subtotal | $890,268 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$5,187 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$5,187 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $885,081 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $865,270 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $300,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $5,187 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $305,187 | ExpensesNotReportedAmt |
| Expenses Subtotal | $560,083 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $560,083 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | DCRAC HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10-50 - ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT CONTINUALLY EVALUATES UNCERTAIN TAX POSITIONS, EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS AS APPLICABLE. MANAGEMENT'S EVALUATION IS THAT THERE IS NO INCOME TAX LIABILITY. THIS EVALUATION IS BASED ON SETTLED AND ESTABLISHED POSITIONS WITHIN THE INTERNAL REVENUE CODE AND MANAGEMENT BELIEVES THERE IS NO SIGNIFICANT UNCERTAINTY RELATED TO ITS EVALUATION. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES -5,187. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EVENT EXPENSES 5,187. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | CELEBRATING CRA | Event1Nm |
| Gross Receipts Event1 | $47,355 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $0 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $47,355 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $5,187 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $47,355 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $47,355 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $5,187 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $5,187 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $42,168 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPPING STONES COMMUNITY FEDERAL CREDIT UNION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 601 NORTH CHURCH ST | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 453643816 | RecipientEIN |
| IRC Section | 501(C)(1) | IRCSectionDesc |
| Cash Grant | $55,000 | CashGrantAmt |
| Non Cash Assistance | $78,681 | NonCashAssistanceAmt |
| Valuation Method Used | FMV | ValuationMethodUsedDesc |
| Non Cash Assistance | ADMINISTRATIVE ASSISTANCE, OFFICE SPACE | NonCashAssistanceDesc |
| Purpose Of Grant | STEPPING STONES COMMUNITY FEDERAL CREDIT UNION WAS ENVISIONED, CREATED, SPONSORED AND OPERATED BY DCRAC. ALTHOUGH A SEPARATE LEGAL ENTITY, STEPPING STONES SERVES THE LOW-INCOME COMMUNITY IN CONSONANCE WITH AND COMPLEMENTING THE DCRAC MISSION. | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | CONTRIBUTIONS TO STEPPING STONES COMMUNITY FEDERAL CREDIT UNION ARE USED AS CAPITAL TO ENABLE IT TO LOAN FUNDS TO CLIENTS IN FURTHERANCE OF BOTH DCRAC AND STEPPING STONES' MISSIONS. | ExplanationTxt |
Schedule M IRS990ScheduleM
Real Estate Commercial RealEstateCommercialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $275,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | APPRAISED VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 1 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PRESENTED TO THE EXECUTIVE DIRECTOR WHO PERFORMS A DETAILED REVIEW. THE FORM IS THEN MADE AVAILABLE TO THE FULL BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | UPON ACCEPTANCE AND ANNUALLY THEREAFTER, BOARDMEMBERS ARE REQUIRED TO EVALUATE THEIR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND REPORT ON ANY POTENTIAL CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE DIRECTOR'S SALARY AND BENEFITS ARE EVALUATED ANNUALLY BY THE BOARD. RECOMMENDATIONS FOR INCREASES ARE BASED ON THE BOARD MEMBERS' EXTENSIVE EXPERIENCE WITH OTHER AREA NONPROFIT ORGANIZATIONS AND KNOWLEDGE OF COMPENSATION PRACTICES IN GENERAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | DCRAC MAINTAINS COPIES OF ITS FORM 990 AND MOST RECENT AUDITED FINANCIAL STATEMENTS ON ITS WEBSITE WWW.DCRAC.ORG. DCRAC BELIEVES THIS ALONG WITH OTHER THE INFORMATION ON ITS PROGRAMS AND SERVICES AVAILABLE ON ITS WEBSITE, SHOULD SATISFY MOST LEGITIMATE INQUIRIES. REQUESTS FOR FURTHER INFORMATION WILL BE EVALUATED ON A CASE BY CASE BASIS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEPPING STONES COMMUNITY FEDERAL CREDIT UNION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O DCRAC 601 N CHURCH ST | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 453643816 | EIN |
| Primary Activities | CREDIT UNION PROVIDING FINANCIAL SERVICES TO UNDERSERVED POPULATIONS. | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(1) | ExemptCodeSectionTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| STEPPING STONES FCU | ||
| B | $55,000 | CASH |
| STEPPING STONES FCU | ||
| N | $35,137 | ESTIMATE |
| STEPPING STONES FCU | ||
| O | $43,544 | ESTIMATE |
Comments