DBT40 Honoree: Chadwick Milton
Employer: Bumpers & Company
Chadwick Milton was promoted to a partner at his accounting firm Bumpers & Company when he was just 27 years old, the youngest known age for a partner in the firm’s nearly 100-year history. Today, Milton oversees the accounting work prepared by staff members, helps nonprofits with their accounting and tax issues, and manages the firm with his business partner, Douglas Kook.
The coronavirus pandemic began during the busiest time of the year for accountants. But as many businesses found their revenue declining due to COVID-19, Milton and his partner put tax season on hold in mid-March to help clients obtain Payroll Protection Program (PPP) loans from the U.S. Small Business Administration. Of the firm’s more than 250 business clients, only one will not reopen their doors, and the firm has helped clients save more than 1,000 jobs in Delaware and the surrounding states.
Milton is a certified public accountant, a certified valuation analyst, and a member of the Delaware Society of CPAs, the American Institute of CPAs and the National Association of CVAs. He is also the secretary of the board of accountancy with the Delaware Professional Regulation and was recognized as one of Delaware’s top 10 rising stars in public accounting in 2015.
Bumpers & Company provide accounting and consulting services to about 50 nonprofits at a discounted rate of up to 50%. The firm also works with the Dictionary Project to give each third grader in the United States a personal dictionary each year.
Milton is a member of the Rotary Club of North East and the treasurer for Rotary District 7630, which encompasses more than 40 clubs. He also helps run the North East Santa house in Cecil County, Md., and has helped organize a soup cook-off to raise money for food pantries.
In his spare time, Milton runs a small woodworking shop and enjoys spending time with his wife, Sarah, and their two children, Owen, 9, and Olivia, 7.