EIN 51-0373101

Riverfront Development Corporation of Delaware

IRS 501(c) type
501(c)(3)
Num. employees
41
Year formed
1996
Most recent tax filings
2023-06-01
Description
Riverfront Development Corp. promotes economic growth, environment preservation and community access through programs and attractions in Wilmington's Riverfront area.
Total revenues
$3,658,097
2023
Total expenses
$13,336,255
2023
Total assets
$155,880,628
2023
Num. employees
41
2023

Program areas at Riverfront Development Corporation of Delaware

Operation of a conference center which draws over 198,000 people annually to a previously run down area. The center has created more than 60 full time jobs plus seasonal positions.
Various other programs for the purpose of promoting Development of the Riverfront area. There are an average total of 3.5 million visitors per year to the many attractions, restaurants, and businesses in the entire Riverfront area as a result of rdc Development efforts. Programs include maintenance of the riverwalk which is an aesthetic walkway connecting the Riverfront attractions. Operation of a beautifully landscaped miniature golf course overlooking the christina river, developed on a previously vacant concrete lot, which attracted over 21,000 visitors. The miniature golf course aesthetically improved the parcel and brought new visitors to Riverfront attractions. More information on the Riverfront Development Corporation of Delaware may be found at www.riverfrontwilm.com
Rental real estate - expenses related to the operation of a baseball stadium which is the home of a minor league advanced-a baseball team. The baseball team draws an annual attendance of 156,000 fans to their games and other events held at the stadium draw 12,000 visitors annually. Also, expenses related to the maintenance of a public market in a historic warehouse which is rented to vendors in a european style marketplace, in addition to a fine dining restaurant.
Operation of the dupont environmental education center. The center provides environmental education programs for individuals, families, schools and groups, and also marsh, river and wildlife interpretation to visitors. The center served over 47,000 visitors during the year.

Grants made by Riverfront Development Corporation of Delaware

GranteeGrant descriptionAmount
Riverfront-Wilmington Business Improvement DistrictGeneral Operating Costs$49,999
The Delaware CHILDREN'S Museum (DCM)General Operating Costs$38,000

Personnel at Riverfront Development Corporation of Delaware

NameTitleCompensation
Megan McGlincheyExecutive Director$155,891
Fran LuceyComptroller
Desmond A BakerVice Chair$0
Peggy StrineBoard Chair$0

Financials for Riverfront Development Corporation of Delaware

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,147,015
Program services$2,240,038
Investment income and dividends$8,654
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-46,458
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$308,848
Total revenues$3,658,097

Form 990s for Riverfront Development Corporation of Delaware

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-19990View PDF
2022-062022-11-23990View PDF
2021-062021-11-16990View PDF
2020-062021-04-05990View PDF
2019-062020-01-03990View PDF
...and 9 more Form 990s
Data update history
May 23, 2024
Updated personnel
Identified 2 new personnel
May 20, 2024
Used new vendors
Identified 1 new vendor, including
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 26, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 3, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
815 Justison St
Wilmington, DE 19801
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
New Castle County, DE
Website URL
riverfrontwilm.com/ 
Phone
(302) 425-4890
IRS details
EIN
51-0373101
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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