Form 990 for tax year 2024

Totals

Total revenue

$2,934,016

Total expenses

$2,623,728

Contributions and grants received

$2,295,698

Grants paid

$391,563

Program service revenue

$666,171

Investment income

$13,813

Other revenue

-$41,666

Total assets, end of year

$7,353,968

Total liabilities, end of year

$3,191,740

Net assets or fund balances, end of year

$4,162,228

Program services expenses (Part IX)

$2,202,055

Management and general expenses

$280,459

Fundraising expenses

$141,214

Program service expenses (Part III)

$2,202,055

Program services were 83.9% 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.

Mission and programs · 2024

• FINANCIAL CLINIC: EMPOWERS MILWAUKEE'S LOW- TO MODERATE-INCOME RESIDENTS WITH EXPERT FINANCIAL COUNSELING AND COACHING BASED ON NATIONALLY RECOGNIZED MODELS. IT OFFERS ONE-ON-ONE COACHING, FREE TAX PREPARATION (VITA), DEBT MANAGEMENT, FINANCIAL GOAL SETTING, AND BANKING SUPPORTHELPING RESIDENTS IMPROVE CREDIT, BUILD WEALTH, AND ACHIEVE STABILITY. IN 2024, A NATIONAL GRANT FROM CITIES FOR FINANCIAL EMPOWERMENT ENABLED RIVERWORKS TO PARTNER WITH THE CITY OF MILWAUKEE TO LAUNCH THE CITY OF MILWAUKEE FINANCIAL EMPOWERMENT CENTER, EXPANDING ACCESS TO FREE, HIGH-QUALITY FINANCIAL COUNSELING. DEDICATED TO BREAKING BARRIERS AND FOSTERING ECONOMIC RESILIENCE, RIVERWORKS SERVED 315 RESIDENTS THROUGH 688 COUNSELING SESSIONS AND PREPARED TAX RETURNS FOR 1,372 INDIVIDUALS, SECURING $264,134 DOLLARS IN EARNED INCOME TAX CREDITS.

  Expenses $684,511

• 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 $362,582 · Revenue $42,400

• 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 $520,678 · Grants $391,563 · Revenue $42,277

• 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 $634,284 · Revenue $409,749

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• COPYWRITE MAGAZINE

  $80,034

  BREW CITY MATCH PASS THROUGH GRANT

• MARISA CAMACHO LLC

  $60,423

  BREW CITY MATCH PASS THROUGH GRANT

• PALOMA CONTRUCTION LLC

  $58,264

  BREW CITY MATCH PASS THROUGH GRANT

• SAM'S PLACE JAZZ CAFE

  $38,495

  BREW CITY MATCH PASS THROUGH GRANT

• CROPS ON TOP LLC

  $34,833

  BREW CITY MATCH PASS THROUGH GRANT

• KOSMIK KARE DAY SPA

  $34,722

  BREW CITY MATCH PASS THROUGH GRANT

• KUUMBA JUICE AND COFFEEHOUSE LLC

  $24,583

  BREW CITY MATCH PASS THROUGH GRANT

• SHE SLANGS WOOD

  $20,000

  BREW CITY MATCH PASS THROUGH GRANT

• WEST RIVER PARTNERS

  $15,082

  BREW CITY MATCH PASS THROUGH GRANT

• GUMBO VALLEY LLC

  $14,152

  BREW CITY MATCH PASS THROUGH GRANT

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• HARAMBEE NEIGHBORHOOD IMPROVEMENT DISTRICT

  501(A) · WI

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2024

Filed

15 November 2025

IRS schema version

2024v5.2

Source object

202533199349301438

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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