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Nonprofiteer
← DELAWARE RIVER CITY CORPORATION

Form 990 for tax year 2023

Filed by DELAWARE RIVER CITY CORPORATION.

Totals

Total revenue
$4,552,583
Total expenses
$4,885,870
Contributions and grants received
$674,915
Grants paid
$0
Program service revenue
$3,858,873
Investment income
$6,182
Other revenue
$12,613
Total assets, end of year
$2,547,732
Total liabilities, end of year
$300,704
Net assets or fund balances, end of year
$2,247,028
Program services expenses (Part IX)
$4,536,885
Management and general expenses
$282,350
Fundraising expenses
$66,635
Program service expenses (Part III)
$4,536,885

Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $35,625

  • 1f · All other contributions, gifts and grants

    $639,290

  • 2a · Program service revenue: CONTRACTS

    total $3,858,873 · related or exempt $3,858,873

  • 3 · Investment income

    total $6,182 · excluded $6,182

  • 8a · Fundraising events: gross income

    $12,749

  • 8a · Fundraising events: contributions included on line 1c

    $35,625

  • 8b · Fundraising events: direct expenses

    $16,793

  • 8c · Net income from fundraising events

    total -$4,044 · excluded -$4,044

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $16,657 · related or exempt $16,657

  • 11e · Other revenue, total

    $16,657

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $123,665 · program services $23,600 · management and general $76,465 · fundraising $23,600

  • 7 · Other salaries and wages

    total $439,002 · program services $356,149 · management and general $47,861 · fundraising $34,992

  • 10 · Payroll taxes

    total $47,937 · program services $32,698 · management and general $10,208 · fundraising $5,031

  • 11b · Fees: legal

    total $1,175 · management and general $1,175

  • 11c · Fees: accounting

    total $35,095 · management and general $35,095

  • 11g · Fees: other

    total $374,809 · program services $325,287 · management and general $49,522

  • 12 · Advertising and promotion

    total $6,965 · program services $163 · management and general $6,802

  • 13 · Office expenses

    total $22,691 · program services $108 · management and general $21,740 · fundraising $843

  • 16 · Occupancy

    total $14,728 · management and general $14,728

  • 17 · Travel

    total $8,823 · program services $543 · management and general $8,280

  • 22 · Depreciation, depletion and amortization

    total $5,147 · program services $3,088 · management and general $1,544 · fundraising $515

  • 23 · Insurance

    total $11,692 · program services $6,718 · management and general $4,974

  • 24a · Other expenses: DESIGN AND CONSTRUCTION

    total $3,726,374 · program services $3,725,084 · management and general $1,290

  • 24b · Other expenses: LANDSCAPE AND FACILITIE

    total $37,380 · program services $37,166 · management and general $214

  • 24c · Other expenses: OUTREACH EVENT COSTS

    total $30,387 · program services $26,281 · management and general $2,452 · fundraising $1,654

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,411,727 · end of year $1,777,934

  • 3 · Pledges and grants receivable

    beginning of year $254,357 · end of year $738,553

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,203 · end of year $4,017

  • 10a · Land, buildings and equipment: cost or other basis

    $68,897

  • 10b · Land, buildings and equipment: accumulated depreciation

    $43,706

  • 10c · Land, buildings and equipment, net

    beginning of year $27,327 · end of year $25,191

  • 15 · Other assets

    beginning of year $2,037 · end of year $2,037

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,658 · end of year $300,204

  • 19 · Deferred revenue

    beginning of year $58,678 · end of year $500

  • 27 · Net assets without donor restrictions

    beginning of year $679,913 · end of year $636,435

  • 28 · Net assets with donor restrictions

    beginning of year $1,900,402 · end of year $1,610,593

Mission and programs · 2023

Mission

TO COMPLETE AND SUSTAIN THE RIVERFRONT TRAIL AND NETWORK OF PARKS ALONG THE DELAWARE RIVER THAT CONNECT RESIDENTS OF URBAN NEIGHBORHOODS TO NATURE, OFFERING UNPARALLELED RECREATIONAL, COMMUNITY BUILDING, AND ENVIRONMENTAL EDUCATION ACTIVITIES.

Activities or mission (Part I)

DESIGN AND BUILD AN 11-MILE GREENWAY ON THE NORTH DELAWARE RIVER WITH THE CITY OF PHILADELPHIA AND ACTIVATE THE GREENWAY WITH OUR COMMUNITY THROUGH VOLUNTEERISM AND OUTDOOR RECREATION AND NATURE PROGRAMS.

  • FUND TRAIL PROJECTS THAT ALLOW FOR THE DEVELOPMENT OF A SUSTAINABLE RIVERFRONT CORRIDOR IN NORTHEAST PHILADELPHIA. ENGAGE COMMUNITY IN ACTIVATING A SHARED VISION FOR THE DELAWARE WATERFRONT THROUGH VOLUNTEERISM, EDUCATION AND RECREATION.

    Expenses $4,536,885 · Revenue $3,875,530

As filed on the 2023 return.

Listed in Part VII

  • Michael Mattioni Esq

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ashley De Vries

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    4

  • Karen Wold

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Dana Russikoff

    SECRETARY

    Total calculated
    $0
    Hours/week
    10

  • James Anderson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Maggie Borski

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Duane Bumb

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Patricia Craven

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Chris Creelman

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Joe Forkin

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Altoro Hall

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Danielle Hankin

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gina Lavery

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sean Null

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joseph Slabinski

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Keith Xiao

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Steve Yingling

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Bob Borski

    CHAIR EMERITUS

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Phillips

    EXECUTIVE DIRECTOR

    Total calculated
    $125,165
    From this org
    $119,500
    From related orgs
    $0
    Other
    $5,665
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
26 February 2025
IRS schema version
2023v6.0
Source object
202501119349301310

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