Public Charity

Delaware Technology Park Inc

Delaware Technology Park Inc is a nonprofit organization categorized as Public Charity based in Newark, DE. Its most recent IRS filing (2025) reports revenue of $8.0M, expenses of $9.0M, total assets of $54.5M.

EIN: 510344637 Newark, DE Community & Neighborhood Development NTEE: S20 Latest filing: 2025
Total Revenue$8.0M
Total Expenses$9.0M
Total Assets$54.5M
Grant Records0
Filing Years2020–2025

Mission

The mission of the Delaware Technology Park is to stimulate economic growth and create high-value jobs in the Mid-Atlantic region by providing affordable state-of-the-art facilities, access to necessary resources and connections to the region's industry, government and academic leaders.

Where $100 goes at Delaware Technology Park Inc

How Delaware Technology Park Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
Promotion of the commercialization of startup companies in the technology industry
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chair Andrew M Lubin
Director Brian A Pryor Phd
Director Dennis Assanis Phd
President & CEO J Michael Bowman
Director Jonathan Sheehan
Director Michael Fleming

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $8.0M $9.0M $54.5M
2024 $7.2M $8.0M $55.9M
2023 $5.2M $6.4M $56.9M
2021 $3.9M $4.3M $31.9M
2020 $4.4M $4.2M $14.9M

Between 2020 and 2025, reported annual revenue grew from $4.4M to $8.0M (+80%), with total assets most recently reported at $54.5M.

Interactive year-over-year charts and full filing details available with membership.

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