NonprofitsDelaware River Waterfront Corporation

Community Improvement & Capacity Building

Delaware River Waterfront Corporation

PHILADELPHIA, PA

Total revenue

$17.5M

Total expenses

$17.8M

Net assets

$11.7M

Grants received

$9.1M

15 grants

EIN

231734559

Tax year

2023

Mission

Drwc's mission is to maintain and promote the use and development ofthe city of philadelphia's central waterfront. This task is of vitalimportance to the city and one which the city would otherwise berequired to perform itself absent the drwc.

Programs

2 programs

Drwc remains steadfast in its commitment to free public programming on the waterfront at penn's landing. All events produced by drwc are free to the public. The river stage hosted a variety of national artists in the rock, jazz, gospel and classical genres and also was able toaccommodate the full philadelphia orchestra. Penn's landing continues to serve as a featured location for the city's independence day celebration, hosting high profile waterfront concert with fireworks. The summer program season included different multicultural series celebrating the rich diversity of the greater philadelphia region, marquee concerts featuring family entertainment, the sounds of r&b and jazz.

Expenses: $1.4M

Drwc engages in a variety of activities in support of its mission, on behalf of the city, of maintaining and promoting the use and development of city's central waterfront, which includes "blue cross river rink" at penn's landing. It is a standard olympic regulation sizeice rink, during winter and turned into a roller skating rink in the summer, open to the public as a recreational and educational arena. Sled skating lessons are available for disabled children. The rink is open for public skating and available to school groups on weekdays. Theoperation of these skating rinks relieves the city from having to operate the public arena, which it would otherwise do for the general welfare of its citizens, including the multitude of younger people utilizing this facility.

Expenses: $2.1M

Financials

FY 2023

Revenue

Contributions & grants$6.4M
Program service revenue$10.1M
Investment income$514K
Other revenue$555K
Total revenue$17.5M

Expenses

Grants paid
Salaries & benefits$6.4M
Fundraising$307K
Other expenses$11.4M
Total expenses$17.8M
Total assets$60.5M
Net assets$11.7M

People

21 listed

NameRoleCompensation

JOSEPH FORKIN

PRESIDENT

Board

$276K

40 hrs/wk

LARRY BELL

CHIEF FINANCIAL OFFICER

Board

$159K

40 hrs/wk

MICHAEL DIBERARDINIS

DIRECTOR

Board

1 hrs/wk

AVI D EDEN

DIRECTOR

Board

1 hrs/wk

MICHAEL HAUPTMAN

DIRECTOR

Board

1 hrs/wk

MARILYN JORDAN TAYLOR

DIRECTOR

Board

1 hrs/wk

ALBA MARTINEZ

DIRECTOR

Board

1 hrs/wk

JOHN MONDLAK

DIRECTOR

Board

1 hrs/wk

MATT RUBEN

DIRECTOR

Board

1 hrs/wk

DONN G SCOTT

DIRECTOR

Board

1 hrs/wk

ANGELA VAL

DIRECTOR

Board

1 hrs/wk

BILL WILSON

DIRECTOR

Board

1 hrs/wk

ELLEN YIN

DIRECTOR

Board

1 hrs/wk

MARIO ZACHARJASZ

DIRECTOR

Board

1 hrs/wk

JAY R GOLDSTEIN

BOARD CHAIRMAN/TREASURER

Board

1 hrs/wk

OBRA KERNODLE IV

BOARD VICE CHAIRMAN

Board

1 hrs/wk

BILL HANKOWSKY

SECRETARY

Board

1 hrs/wk

DIANE DALTO WOOSNAM

DIRECTOR

Board

1 hrs/wk

JODIE MILKMAN

EXECUTIVE VICE PRESIDENT

Staff

$190K

40 hrs/wk

ELIZABETH WOODS

VICE PRESIDENT, OPERATIONS

Staff

$127K

40 hrs/wk

LAVELLE YOUNG

VICE PRESIDENT, OPERATIONS

Staff

$121K

40 hrs/wk

Independent contractors

MICHAELS CONSTRUCTION

DREDGING

$2.3M

JM PATTON

INSURANCE

$1.3M

RED HAWK PROTECTON SERVICES

SECURITY

$1.0M

EASTERN LLC

LANDSCAPING

$561K

WJ CASTLE

ENGINEERING

$474K

Grants received

Showing 15 of 15

FromAmountPurposeYear
$654K
Transfer of Natural Lands
2023
$100K
GRAFFITI PIER AND DELAWARE RIVER TRAIL PLANNING
2023
$10K
PROMOTE NEIGHBORHOOD REVITALIZATION
2023
$2.1M
Transfer of Natural Lands
2022
$340K
GRAFFITI PIER AND DELAWARE RIVER TRAIL PLANNING
2022
$340K
GRAFFITI PIER AND DELAWARE RIVER TRAIL PLANNING
2022
$80K
NEIGHBORHOOD GRANT
2022
$10K
PROMOTE NEIGHBORHOOD REVITALIZATION
2022
$2.9M
Transfer of Natural Lands
2021
$50K
TRAIL DEVELOPMENT
2021
$10K
PROMOTE NEIGHBORHOOD REVITALIZATION
2021
$1.7M
Transfer of Natural Lands
2020
$800K
TO SUPPORT THE TRANSFORMATION AND DEVELOPMENT OF PHILADELPHIAS WATERFRONT BY BUILDING A SHARED CIVIC SPACE THAT WILL RECONNECT NEIGHBORHOODS TO THEIR PUBLIC WATERFRONT AND EACH OTHER.
2020
$10K
PROMOTE NEIGHBORHOOD REVITALIZATION
2020
$5K
ANTI-RACIST AND TRAUMA-INFORMED TRAINING, FACILITATION, AND RELATIONSHIP BUILDING
2020

Funded by

$9.1M from 7 funders · 15 grants · 2020–2023

Natural Lands Trust Inc

$7.3M · 4 grants · 2020–2023

John S And James L Knight Foundation

$800K · 1 grant · 2020

The William Penn Foundation

$780K · 3 grants · 2022–2023

Rails To Trails Conservancy

$50K · 1 grant · 2021

Kurtz Family Foundation

$40K · 4 grants · 2020–2023

The Philadelphia Foundation

$5K · 1 grant · 2020

Details

EIN231734559
NTEE codeS30
Subsection03
Ruling date2009-10
Formed1970
Employees313
Volunteers16
DELAWARE RIVER WATERFRONT CORPORATION — Mission, Financials & Grants Received | Grantivo