Chris White Community Development Corporation
Nonprofit profile at a glance
- EIN
- 311674388
- IRS 990 coverage
- 2015–2025
- Forms available
- Form 990 2025
- Location
- Wilmington, DE, USA
- Phone
- 3027781908
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $321,902
- Expenses
- $526,236
- Assets
- $3,332,423
- Liabilities
- $1,637,828
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Sharon Leyhow (President and Director)
- Jason Stoehr (Vice President and Director)
Highest reported compensation
- Andy Vible (Director): $2,885 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to provide affordable artists' housing along with the supporting infrastructures that cultivate a Wilmington art community capable of innovative and lasting collaborations with its surroundings.
What it reported doing in 2025
Pursuant to its mission, CWCDC operates the street-level Chris White Gallery portion of the Project, conducting or facilitating art-related and community events. Since resuming gallery activities in November 2021 after a 20-month hiatus during the COVID pandemic, CWCDC has regularly mounted exhibits of work by local artists and opened them to the public on preannounced occasions and made them available for private showings as well. Unpaid board members and other volunteers manage the gallery and organize events, which may include performance art, or artisan markets, as well as visual exhibits. Curation and set-up of exhibits is contracted with qualified representatives of the local art community on a per-exhibit basis. During 2025 the gallery was open to the public for 25 showings covering 9 different presentations; in 2024 there were 18 showings of 7 presentations. CWCDC earns a below-market commission when art is sold as a result of exhibits. The gallery is also offered to the community for appropriate private events for a nominal cost, resulting in 25 additional showings of art to a different public segment during 2025 and 18 in 2024.
Operating model
- Revenue model
- Other-operating. 96% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some related-organization disclosures are missing.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 82
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 98.9%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -63.5%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 6.33; rating input score 83; 83rd percentile among comparable filings
- Liabilities to assets ratio: 0.49; rating input score 9; 9th percentile among comparable filings
- Officer compensation ratio: 0.5%; rating input score 34; 34th percentile among comparable filings
Growth
- Program expense growth: 2.3% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: -5.1% per year; rating input score 0; 10th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 98.9% of spending went to programs
- Governance: 9 of 9 board members independent · 4 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $521K in reported program spending
- Leadership: top reported pay $3K · 9 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes related organizations
- Filing history: 10 filing years from 2015 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 9/100.
- Moderate — Sustainability: Officer compensation ratio scored 34/100.