2024-05-15T12:40:07-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-07-01 300002632 THE ENTERPRISE CENTER COMMUNITY DEVELOPMENT CORPORATION ENTE 2158954000 4548 MARKET STREET PHILADELPHIA PA 19139 DELLA CLARK PRESIDENT 2158954000 2024-05-14 1 DELLA CLARK 999009999 0 HELEN M MARTIN P01330899 2158818800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DELLA CLARK 4548 MARKET STREET PHILADELPHIA PA 19139 3539141 0 X WWW.THEENTERPRISECENTERCDC.ORG X 2001 PA THE ENTERPRISE CENTER COMMUNITY DEVELOPMENT CORPORATION'S MISSION IS TO CATALYZE BENEFITS FOR BUSINESSES AND RESIDENTS THAT SPARK COMMUNITY REVITALIZATION. 5 5 37 50 0 0 3188658 2835292 488218 699077 0 0 249669 4772 3926545 3539141 0 0 0 0 910037 861229 0 0 0 2287574 2972361 3197611 3833590 728934 -294449 13898762 27796434 6112121 20403409 7786641 7393025 THE ENTERPRISE CENTER COMMUNITY DEVELOPMENT CORPORATION'S MISSION IS TO CATALYZE BENEFITS FOR BUSINESSES AND RESIDENTS THAT SPARK COMMUNITY REVITALIZATION. 0 0 1747805 703849 PRECONSTRUCTION AND CONSTRUCTION ACTIVITIES RELATED TO COMMUNITY AND ECONOMIC DEVELOPMENT IN WEST PHILADELPHIA. IMPACT ON LOW INCOME NEIGHBORHOOD FROM BEAUTIFICATION IS NOT MEASURABLE. 1747805 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 23 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DELLA CLARK 2158954000 4548 MARKET STREET PHILADELPHIA PA 19139 LOWELL THOMAS BOARD MEMBER 1.00 X X 0 0 0 ANDREW BANKS BOARD MEMBER 1.00 X 0 0 0 AMANDA EVANS BOARD MEMBER 1.00 X 0 0 0 KARL MORRIS BOARD MEMBER 1.00 X 0 0 0 GREG REEVES BOARD MEMBER 1.00 X 0 0 0 DELLA CLARK PRESIDENT-TEC 5.00 35.00 X 0 345000 7948 0 345000 7948 0 0 1 0 0 1275492 1559800 2835292 ECONOMIC DEVELOPMENT 531390 699077 699077 699077 OTHER REVENUE 531390 4772 4772 4772 3539141 703849 0 0 X 764314 740340 23974 29426 27771 1655 67489 63693 3796 6752 6752 57377 57377 666675 522722 143953 8473 4390 4083 47791 37122 10669 2057 2057 310913 95051 215862 7634 7249 385 1120730 145518 975212 514776 56315 458461 76951 4795 72156 BAD DEBTS 91591 91591 MISCELLANEOUS EXPENSES 25015 25015 MEMBERSHIPS, PERIODICAL 23023 11511 11512 AWARDS 12603 4256 8347 3833590 1747805 2085785 0 636780 1567041 117355 117562 1578878 1219002 363379 450772 1687 9143 26480767 2692293 10484182 23788474 544440 644440 172061 0 13898762 27796434 87147 179660 5547078 15982925 477896 4240824 6112121 20403409 X 7786641 7393025 7786641 7393025 13898762 27796434 X -294449 -99167 X X 0 1 X 1 1 1 X X 1 THE ENTERPRISE CENTER 232575901 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13713174 13713174 11822598 2057165 9765433 944995 635128 309867 23788474 DUE TO AFFILIATES 4238262 OTHER LIABILITIES 2562 4240824 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR EITHER OF THE YEARS ENDED JUNE 30, 2023 OR 2022. 0 0 0 0 0 0 0 0 0 DELLA CLARK PRESIDENT-TEC 0 300000 0 45000 0 0 0 0 0 7948 0 352948 0 0 PART I, LINE 3 ALL SENIOR MANAGEMENT COMPENSATION IS PAID THROUGH A RELATED ORGANIZATION. VOLUNTEER BOARD MEMBERS WHO ARE INDEPENDENT EVALUATE THE SENIOR MANAGEMENT'S COMPENSATION AS REQUIRED. MANY BOARD MEMBERS SIT ON VARIOUS BOARDS AND ARE FAMILIAR WITH FAIR COMPENSATION FOR A NON-PROFIT EXECUTIVE AND IT IS MODERATE TO LOW. ALL COMPENSATION IS EVALUATED BY MANAGEMENT AND THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 7A THE ENTERPRISE CENTER (A 501(C)(3) CHARITY) CAN APPOINT BOARD MEMBERS FORM 990, PART VI, SECTION A, LINE 7B THE ENTERPRISE CENTER (A 501(C)(3) CHARITY) HAS AUTHORITY OVER LARGE TRANSACTIONS FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT AND SUBMITTED TO MANAGEMENT FOR REVIEW AND COMMENTS. AFTER ANY CHANGES ARE MADE, A FINAL DRAFT OF THE FORM 990 IS SUBMITTED TO THE BOARD FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BY-LAWS CONTAIN A CONFLICT OF INTEREST POLICY AND ALL BOARD MEMBERS DISCLOSE CONFLICTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 VOLUNTEER BOARD MEMBERS WHO ARE INDEPENDENT EVALUATE THE SENIOR MANAGEMENT'S COMPENSATION AS REQUIRED. MANY BOARD MEMBERS SIT ON VARIOUS BOARDS AND ARE FAMILIAR WITH FAIR COMPENSATION FOR A NON-PROFIT EXECUTIVE AND IT IS MODERATE TO LOW. ALL COMPENSATION IS EVALUATED BY MANAGEMENT AND THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 522,722. MANAGEMENT AND GENERAL EXPENSES 143,953. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 666,675. FORM 990, PART XI, LINE 9: INTERCOMPANY BALANCE RECONCILIATION -99,167. FORM 990, PART XII, LINE 2C: THE EXECUTIVE VICE PRESIDENT ("EVP") ASSUMES OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE EVP, AND ALONG WITH THE BOARD OF DIRECTORS, IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. THE ENTERPRISE CENTER 4548 MARKET STREET PHILADELPHIA PA 19139 232575901 ENTREPRENUERIAL TRAINING PA 501(C)(3) LINE 10 N/A 0 ENTERPRISE CENTER CAPITAL CORPORATION 4548 MARKET STREET PHILADELPHIA PA 19139 270022215 ECONOMIC DEVELOPMENT & LENDING PA 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0