EIN 51-0373101

Riverfront Development Corporation of Delaware

IRS 501(c) type
501(c)(3)
Num. employees
47
Year formed
1996
Most recent tax filings
2024-06-01
Description
Riverfront Development Corp. promotes economic growth, environment preservation and community access through programs and attractions in Wilmington's Riverfront area.
Total revenues
$4,149,656
2024
Total expenses
$12,515,287
2024
Total assets
$147,912,666
2024
Num. employees
47
2024

Program areas at Riverfront Development Corporation of Delaware

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 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.
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
The Delaware Childrens Museum (DCM)General Operating Costs$108,956
Riverfront-Wilmington Business Improvement DistrictGeneral Operating Costs$49,999

Who funds Riverfront Development Corporation of Delaware

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Christina ConservancyTo Raise Awareness About the Importance of the Health of the River.$25,000

Personnel at Riverfront Development Corporation of Delaware

NameTitleCompensation
Megan McGlincheyExecutive Director$155,891
Jamie SennDirector of Operations
Tony MottolaProjects Director
Andrew LaymanDirector of Facilities
Chris LeonardProgramming and Events Manager
...and 3 more key personnel

Financials for Riverfront Development Corporation of Delaware

RevenuesFYE 06/2024
Total grants, contributions, etc.$1,233,590
Program services$2,294,795
Investment income and dividends$90,940
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$138,278
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$392,053
Total revenues$4,149,656

Form 990s for Riverfront Development Corporation of Delaware

Fiscal year endingDate received by IRSFormPDF link
2024-062024-11-14990View PDF
2023-062024-01-19990View PDF
2022-062022-11-23990View PDF
2021-062021-11-16990View PDF
2020-062021-04-05990View PDF
...and 10 more Form 990s
Data update history
October 18, 2024
Updated personnel
Identified 3 new personnel
August 25, 2024
Received grants
Identified 1 new grant, including a grant for $25,000 from Christina Conservancy
June 2, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 23, 2024
Updated personnel
Identified 2 new personnel
May 20, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
EducationCommunity improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online 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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