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Riverworks Development Corporation

Riverworks Development Corporation

Milwaukee, WI 53212
Tax ID39-1731739

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$1,043,522

Expenses

$1,167,508

Mission

Riverworks Development Corporation (RDC) promotes economic prosperity by providing coordinated resources for residents and businesses with emphasis on the Riverworks neighborhoods.

About

Business Development: RDC's Business Development department connects local businesses to services, events, and real estate opportunities. Services available to businesses include property/business beautification, security, promotion, business planning, expansion and relocation, and linking employers to the job pool of local residents. The Riverworks Business Improvement District (BID) is managed under the umbrella of this department and provided $28,207 in facade and safety improvement grants in 2018. In September 2018, RDC opened the doors to The VIBE, an affordable entrepreneurial co-working office space. The VIBE is a hub for resources and workshops for residents looking to open a business, start-up businesses, and existing businesses looking to develop and network.

Interesting data from their 2020 990 filing

According to the filing documents, the non-profit's mission is defined as “Riverworks development corporation (rdc) promotes economic prosperity by providing coordinated resources for residents and businesses with emphasis on the riverworks neighborhoods.”.

When referring to its tasks, they were referred to as: “Riverworks development corporation (rdc) promotes economic prosperity by providing coordinated resources for residents and businesses with emphasis on the riverworks neighborhoods.”.

  • The non-profit's state of operation has been legally reported as WI.
  • According to the latest filing, the non-profit's address in 2020 is 526 E CONCORDIA AVENUE, MILWAUKEE, WI, 53212.
  • The total number of employees reported by the non-profit on their form for 2020 is 53.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$123,986.
  • The CEO compensation policy within the organization is established through an impartial evaluation and approval.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 14 independent voting members.
  • The organization was formed in 1992.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $739,782 in salary, compensation, and benefits to its employees.
  • The organization pays $7,134 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.