NonprofitsRiverworks Development Corporation

Community Improvement & Capacity Building

Riverworks Development Corporation

MILWAUKEE, WI

Total revenue

$2.9M

Total expenses

$2.6M

Net assets

$4.2M

Grants received

$2.9M

44 grants

EIN

391731739

Tax year

2024

Mission

Riverworks development corporation (rdc) drives social and economic development by aligning residents and businesses with specialized resources that strengthen harambee, riverwest and surrounding communities.

Programs

3 programs

Neighborhood development: collaborates with residents and other stakeholders to create a vibrant community that reflects the culture and values of the harambee and riverwest neighborhoods. This includes activating and revitalizing public spaces with art and culture, facilitating community improvement and safety projects, and connecting residents and homeowners to resources - including those available through the harambee neighborhood improvement district (nid) #7. In 2024, residents engaged in the beerline shuffle, music on the beerline, the riverwest farmers market (over 100 vendors participated), the 53212marketplace series, community meetings, neighborhood clean ups, and other events that unite the harambee and riverwest communities. The harambee quality of life plan brought together community stakeholders and residents to begin the implementation phase for a plan to improve the neighborhood and resident quality of life. The beerline trail neighborhood development project continued to ensure the next phases of trail development serve the needs of the community, and that other development inspired by and centered around the trail benefits residents equitably.

Expenses: $363K

Business development hub: provides technical assistance to local entrepreneurs and businesses. Our business specialists provide business coaching and strategic budgeting sessions to help find funding and grant opportunities that fit their needs. Services available to businesses include property/business beautification strategies, security initiatives, marketing & promotional opportunities, and business planning. We connect property owners and entrepreneurs/small businesses to physical space and provide each entrepreneur with our network of partners and educational opportunities. In 2024, the hub assisted new businesses in starting, growing, marketing, and funding their ventures. Through the brew city match grant program, milwaukee businesses were awarded a total of $434,700 for marketing, predevelopment and construction costs.

Expenses: $521KGrants: $392K

Riverworks cleans: hires community members who have barriers to employment through this social enterprise program. They serve the community by cleaning up sidewalks and curbs, vacant lots and commercial districts. Services include litter and graffiti removal, event set up, minor landscaping, streetscape maintenance, and returning stolen property. Contracts include private businesses, bids, and the city of milwaukee. In 2024, riverworks cleans worked in 7 milwaukee business improvement districts and collected 125,100 gallons of litter, emptied 1,074 trash cans, and returned 422 shopping carts. Riverworks cleans also completed 1,230 illegal dump work orders issued by the city of milwaukee, resulting in 6,031 cubic yards of debris, removed from city-owned properties.real estate development: leads catalytic residential and commercial projects which have a positive economic and social impact on the community. The four core values are: create jobs, stabilize the tax base, repurpose vacant & blighted properties, and generate revenue for rdc's programs. The riverworks city center, completed in 2018, houses the offices for rdc staff, as well as the riverworks coin laundry, a rotating whitebox space for local businesses, a space rented to family dollar, and the beerline plaza. The riverworks lofts, completed in 2012, has one- and two- bedroom loft-style apartments on the intersection of holton and townsend. The riverworks commons, completed in 2004, is a shopping center on capitol drive with 21,000 feet of retail space. In 2024, kuumba juice & coffeehouse opened for business in the connector building, which is a 2,900 square foot space that hosts a multi-use community room and cafe adjacent to the beerline trail.

Expenses: $634K

Financials

FY 2024

Revenue

Contributions & grants$2.3M
Program service revenue$666K
Investment income$14K
Other revenue
Total revenue$2.9M

Expenses

Grants paid$392K
Salaries & benefits$1.3M
Fundraising$141K
Other expenses$920K
Total expenses$2.6M
Total assets$7.4M
Net assets$4.2M

People

18 listed

NameRoleCompensation

DARRYL JONHSON

EXECUTIVE DIRECTOR

Board

$115K

40 hrs/wk

SHAWNTA EATON-LESCHIG

VICE PRESIDENT

Board

1 hrs/wk

NEIL WHITE

SECRETARY

Board

1 hrs/wk

ERIKA TURNER

TREASURER

Board

1 hrs/wk

ADRIAN SPENCER

DIRECTOR

Board

1 hrs/wk

ANDREW RUEHL

DIRECTOR

Board

1 hrs/wk

CASSANDRA FLAGG

DIRECTOR

Board

1 hrs/wk

GLENN MATTISON

DIRECTOR

Board

1 hrs/wk

MICHAEL MAISTELMAN

DIRECTOR

Board

1 hrs/wk

MUSTAFA EMIR

PRESIDENT

Board

1 hrs/wk

STEVE ADAMS

DIRECTOR

Board

1 hrs/wk

TED TROCIVIA

DIRECTOR

Board

1 hrs/wk

VERNON SINGLETON

DIRECTOR

Board

1 hrs/wk

JAROD LITTLE

DIRECTOR

Board

1 hrs/wk

SUSAN DOYLE

DIRECTOR

Board

1 hrs/wk

CINTHIA TELLEZ-SILVA

DIRECTOR

Board

1 hrs/wk

DANNIE STALLWORTH

DIRECTOR

Board

1 hrs/wk

MIKE OLSON

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 44 of 44

FromAmountPurposeYear
$200K
TO FUND APPROVED PUBLIC CHARITIES
2024
$65K
GENERAL OPERATING SUPPORT BUILDING RIVERWORKS CAPACITY
2024
$60K
GENERAL OPERATIONS
2024
$50K
GENERAL OPERATING SUPPORT
2024
$39K
RON COALITION PARTNERSHIP AGREEMENT
2024
$13K
UNRESTRICTED CHARITABLE GRANT
2024
$9K
UNRESTRICTED
2024
$101K
GENERAL OPERATING
2023
$81K
VITA,CAPACITY BUILDING
2023
$75K
Financial Education/Literacy
2023
$60K
GENERAL OPERATIONS
2023
$50K
Financial Education/Literacy
2023
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$35K
RON COALITION PARTNERSHIP AGREEMENT
2023
$20K
CONNECTING COMMUNITIES CAMPAIGN
2023
$101K
TRACKING ENGAGEMENT AND CHANGE WITHIN HARAMBEE
2022
$75K
Financial Education/Literacy
2022
$60K
RON COALITION PARTNERSHIP AGREEMENT
2022
$50K
Financial Education/Literacy
2022
$10K
THE BEERLINE PARK PROJECT
2022
$10K
CIVIC AND COMMUNITY - GENERAL OPERATIONS
2022
$7K
UNRESTRICTED
2022
$250
TO FUND APPROVED PUBLIC CHARITIES
2022
$10K
TRAIL DEVELOPMENT
2021
$10K
NATIONAL
2021
$109K
RIVERWORKS LAUNDRY
2020
$105K
PROJECT SUPPORT FOR THE IMPLEMENTATION OF THE HARAMBEE 5312 MARKETPLACE TO EXPAND ECONOMIC OPPORTUNITIES FOR LOCAL RESIDENTS, DEVELOP A GATHERING SPACE, AND INCREASE HEALTHY FOOD ACCESS, AS PART OF THE FRESH, LOCAL AND EQUITABLE INITIATIVE.
2020
$50K
Support individual financial goals
2020
$8K
PUBLIC AND SOCIETAL BENEFIT PROGRAM SUPPORT
2020
$7K
FINANCIAL EMPOWERMENT FOR WOMENT
2020
$250
TO FUND APPROVED PUBLIC CHARITIES
2020
$70K
Support of Financial Opportunity Center
2019
$5K
BEERLINE TRAIL - SUMMER 2020 PROGRAMMING AND ENGAGEMENT
2019
$50K
To support operations and renovations
2017

Funded by

$2.9M from 20 funders · 44 grants · 2017–2024

Local Initiatives Support Corporation

$1.2M · 4 grants · 2020–2024

Joseph and Vera Zilber Family Foundation Inc

$482K · 12 grants · 2017–2023

Greater Milwaukee Foundation Inc

$375K · 4 grants · 2020–2024

Herbert H Kohl Charities Inc

$201K · 3 grants · 2020–2024

United Methodist Children's Services Of

$134K · 3 grants · 2022–2024

Otto Bremer Trust

$120K · 2 grants · 2023–2024

The Kresge Foundation

$105K · 1 grant · 2020

United Way Of Greater Milwaukee &

$88K · 2 grants · 2020–2023

Details

EIN391731739
NTEE codeS20Z
Subsection03
Ruling date1993-03
Formed1992
Employees35
Volunteers60
RIVERWORKS DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo