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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 82-2739918

VELODROME DEVELOPMENT FOUNDATION

Tax-exempt · WEST CHESTER, PA 19382

Financials

$86K$99K2023$150K$151K2024
Revenue Expenses · by fiscal year end
Financials of VELODROME DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$149,839$150,900-$1,061$1,074–$1,074
December 31, 2023990$85,835$99,344-$13,509$2,135$0$2,135
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$109,839
Program service revenue
$40,000
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$65,000
Professional fees and payments to contractors
$136,780
Other expenses
$14,120
Program services (functional)
$125,500

Balance sheet and other

Total assets, start of year
$2,135
Total assets, end of year
$1,074
Total liabilities, end of year
–
Net assets, end of year
$1,074
Cash, savings and investments
$1,074
Gross receipts
$149,839

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHEN WHISNANTPRESIDENT/CHAIRMAN5$65,000
GREG LEMONDHONORARY CHAIRMAN1$0
DAVE CHAUNERVICE PRESIDENT5$0
FREDERICK MAYERSECRETARY/TREASURER5$0
BRUCE HERNANDEZDIRECTOR1$0
CROSBY WOODDIRECTOR5$0
MICHAEL DINDADIRECTOR1$0
KEVIN DUTTDIRECTOR1$0
JASON DANNERDIRECTOR1$0
SEAN CARITHERSDIRECTOR1$0
PATRICK KINZELERDIRECTOR1$0
AMBER LITTLE-TURNERDIRECTOR1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
STEPHEN WHISNANTPRESIDENT/CH
Trustee or director, Officer
5$0
GREG LEMONDHONORARY CHA
Trustee or director, Officer
5$0
DAVE CHAUNERVICE PRESIDE
Trustee or director, Officer
5$0
FREDERICK MAYERSECRETARY/TR
Trustee or director, Officer
5$0
BRUCE HERNANDEZDIRECTOR
Trustee or director
1$0
CROSBY WOODDIRECTOR
Trustee or director
1$0
MICHAEL DINDADIRECTOR
Trustee or director
1$0
KEVIN DUTTDIRECTOR
Trustee or director
1$0
JASON DANNERDIRECTOR
Trustee or director
1$0
SEAN CARITHERSDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
451 BRANDYWINE DR, WEST CHESTER, PA 19382-6706
In care of
% FREDERICK MAYER
Mailing address (990-N for 2020)
78 HART ROAD, GUILFORD CT 06437
Principal officer (990-N for 2020)
FREDERICK MAYER, 78 HART ROAD, GUILFORD CT 06437
Signed the 990-EZ
FREDERICK MAYER, SECRETARY/TREASURER
Phone
(203) 415-5298
Return prepared by
Shoreline Tax and Bookkeeping Services LLC

Mission

SEE SCHEDULE O

990-EZ for the year ended December 31, 2024

Program accomplishments

  • NATIONAL SPORTS AND EVENTS CENTER/VELODROME DEVELOPMENTSUPPORT AND PROMOTION: CONTINUED ON SCHEDULE O
    Expenses $125,500

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

File the 2025 990-EZ for VELODROME DEVELOPMENT FOUNDATION

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
82-2739918
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,074
Income (IRS master file)
$149,839

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$149,839$150,900$1,074XML
990December 2023$85,835$99,344$2,135XML
990December 2022$62,500$69,906$15,644IRS
990December 2021–––IRS
990-N for 2020
Officer: FREDERICK MAYER
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Rick Mayer
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2739918).

Questions about VELODROME DEVELOPMENT FOUNDATION

What is the EIN of VELODROME DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of VELODROME DEVELOPMENT FOUNDATION is 82-2739918.
Is VELODROME DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to VELODROME DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VELODROME DEVELOPMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VELODROME DEVELOPMENT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VELODROME DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of VELODROME DEVELOPMENT FOUNDATION?
The 990-N for 2020 names FREDERICK MAYER.
Who are the officers and directors of VELODROME DEVELOPMENT FOUNDATION?
The 990-EZ for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $65,000 (STEPHEN WHISNANT, PRESIDENT/CHAIRMAN).
How much revenue does VELODROME DEVELOPMENT FOUNDATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $149,839, expenses of $150,900 and total assets of $1,074 at year end.

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