NonprofitsMadison Riverfront Development Corporation

Madison Riverfront Development Corporation

MADISON, IN

Total revenue

$388K

Total expenses

$270K

Net assets

$41K

Grants received

$365K

7 grants

EIN

351639867

Tax year

2024

Mission

The organization provides funding to several business projects located within the zone area. This includes the current project of the riverfront development.

Programs

1 program

Economic development of the riverfront through events held on the riverfront and improvements made to the riverfront.

Financials

FY 2024

Revenue

Contributions & grants$196K
Program service revenue$187K
Investment income$5K
Other revenue
Total revenue$388K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$270K
Total expenses$270K
Total assets$275K
Net assets$41K

People

7 listed

NameRoleCompensation

KIRK GROOMS

DIRECTOR

Board

JOSH KUNZE

DIRECTOR

Board

JEANIE STOTTS

DIRECTOR

Board

BOB WALL

DIRECTOR

Board

JOHN BRUNS

VICE-CHAIRMA

Board

JAMES D PRUETT

CHAIRMAN

Board

JD WEBSTER

SECRETARY

Board

Grants received

Showing 7 of 7

FromAmountPurposeYear
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$250K
SPONSOR
2022
$7K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$25K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$5K
Operating grant
2020
$52K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$365K from 4 funders · 7 grants · 2017–2024

Arvin Sango Foundation

$251K · 2 grants · 2021–2022

Community Foundation Of Madison And

$57K · 3 grants · 2020–2024

The Dover Foundation

$5K · 1 grant · 2020

Details

EIN351639867
Subsection03
Ruling date1986-01
Formed1985
Employees0
MADISON RIVERFRONT DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo