PHILADELPHIA SHIPYARD DEVELOPMENT CORPORATION
PO Box 586, Eagleville, PA 19403

Total Revenue
$3,380
Total Expenses
$245,786
Net Assets
$296,302

Organizations Filed Purposes: PSDC'S PRIMARY EXEMPT PURPOSE IS TO LESSEN THE BURDENS OF GOVERNMENT FOR THREE GOVERNMENTAL ORGANIZATIONS: COMMONWEALTH OF PA (COMMONWEALTH), CITY OF PHILADELPHIA (CITY)AND DELEWARE RIVER PORT AUTHORITY

PSDC SUCCESSFULLY OVERSAW THE CONSTRUCTION OF A STATE OF THE ART SHIPBUILDING FACILITY IN THE FORMER PHILADELPHIA NAVAL SHIPYARD THAT IS NOW PRODUCING COMMERCIAL VESSELS AT FULL CAPACITY. IT WAS ALSO INVOLVED IN THE PROCESS OF HIRING AND TRAINING SHIPYARD WORKERS, THROUGH ITS ADMINISTRATION OF PUBLIC FUNDS USED FOR THOSE PURPOSES. MORE THAN 1300 JOBS AT THE REVITALIZED SHIPYARD WERE CREATED THROUGH THESE EFFORTS. PSDC LESSENS THE BURDEN OF GOVERNMENT BY REPRESENTING THE INTERESTS OF GOVERNMENTAL ENTITIES IN CONNECTION WITH TRANSACTIONS THAT CONTRIBUTE TO THE RETENTION OF SHIPBUILDING JOBS IN THE PHILADELPHIA REGION.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Lisa M ChambersEXEC DIR40$76,000
James SchultzMEMBER1$0
William P HankowskySECRETARY1$0
Robert L Henon JrMEMBER1$0
Michael J AckerTREASURER1$0
Manuel N StamatakisCHAIRPERSON1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022899349300132_public.xml