- Revenue 2024
- $18,405,215
- Expenses 2024
- $19,672,259
Program services were 85.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- S30
- Classification
- 1000
- Street
- 121 N COLUMBUS BLVD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
DRWC'S MISSION IS TO MAINTAIN AND PROMOTE THE USE AND DEVELOPMENT OF THE CITY OF PHILADELPHIA'S WATERFRONT. THIS TASK IS OF VITAL IMPORTANCE TO THE CITY AND ONE WHICH THE CITY WOULD OTHERWISE BE RQUIRED TO PERFORM ABSENT THE DRWC.
Activities or mission (Part I)
DRWC'S MISSION IS TO MAINTAIN AND PROMOTE THE USE AND DEVELOPMENT OF THE CITY OF PHILA'S WATERFRONT. THIS TASK IS OF VITAL IMPORTANCE TO THE CITY AND ONE WHICH THE CITY WOULD OTHER- WISE BE REQUIRED TO PERFORM ITSELF ABSENT THE DRWC.
-
DRWC IS DEDICATED TO THE PLANNING, DESIGN, DEVELOPMENT AND MANAGEMENT OF THE CENTRAL DELAWARE RIVER WATERFRONT IN PHILADELPHIA, DEFINED AS THE SIX-MILE STRETCH OF THE CENTRAL DELAWARE, WHICH IS THE AREA DEFINED BY ORGON AVENUE IN THE SOUTH OF ALLEGHENY AVENUE IN THE NORTH AND FROM I-95 TO THE DELAWARE RIVER. THE GOAL OF DRWC IS TO EFFECTUATE OVER TIME THE TRANSFORMATION OF THE CENTRAL DELAWARE RIVER WATERFRONT INTO A VIBRANT DESTINATION LOCATION FOR THE RECREATIONAL, CULTURAL, PORT/INDUSTRIAL AND COMMERCIAL ACTIVITIES OF PHILADELPHIA'S RESIDENTS, WORKERS AND VISITORS.
Expenses $10,906,624
-
DRWC REMAINS STEADFAST IN ITS COMMITMENT TO FREE PUBLIC PROGRAMING ON THE WATERFRONT AT PENN'S LANDING. ALL EVENTS PRODUCED BY DRWC ARE FREE TO THE PUBLIC. THE RIVER STAGE HOSTED A VARIETY OF NATIONAL ARTISTS IN THE ROCK, JAZZ, GOSPEL AND CLASSICAL GENRES AND ALSO WAS ABLE TO ACCOMMODATE THE FULL PHILADELPHIA ORCHESTRA. PENN'S LANDING CONTINUES TO SERVE AS A FEATURED LOCATION FOR THE CITY'S INDEPENDENCE DAY CELEBRATION, HOSTING HIGH PROFILE WATERFRONT CONCERT WITH FIREWORKS. THE SUMMER PROGRAM SEASON INCLUDED DIFFERENT MULTICULTURAL SERIES CELEBRATING THE RICH DIVERSITY OF THE GREATER PHILADELPHIA REGION, MARQUEE CONCERTS FEATURING FAMILY ENTERTAINMENT, THE SOUNDS OF R&B AND JAZZ.
Expenses $1,677,942
-
DRWC ENGAGES IN A VARIETY OF ACTIVITIES IN SUPPORT OF ITS MISSION, ON BEHALF OF THE CITY, OF MAINTAINING AND PROMOTING THE USE AND DEVELOPMENT OF CITY'S CENTRAL WATERFRONT, WHICH INCLUDES "BLUE ROSS RIVER RINK" AT PENN'S LANDING. IT IS A STANDARD OLYMPIC REGULATIONS SIZE ICE RINK, DURING THE WINTER AND TURNED INTO A ROLLER-SKATING RINK IN THE SUMMER, OPEN TO THE PUBLIC AS A RECREATIONAL AND EDUCATIONAL ARENA. SLED SKATING LESSONS ARE AVAILABLE FOR DISABLED CHILDREN. THE RINK IS OPERATION OF THESE SKATING RINKS RELIEVES THE CITY OF FROM HAVING TO OPERATE THE PUBLIC ARENA, WHICH IT WOULD OTHERWISE DO THE GENERAL WELFARE OF ITS CITIZENS, INCLUDING THE MULTITUDE OF YOUNGER PEOPLE UTILIZING THIS FACILITY.
Expenses $4,194,855
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
JOSEPH FORKIN
PRESIDENT
- Total calculated
- $373,954
- From this org
- $310,426
- From related orgs
- $0
- Other
- $63,528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $310,426
- Bonus
- not reported
- Other
- not reported
- Deferred
- $22,500
- Nontaxable benefits
- $41,028
- Filer's total
- $373,954
-
JODIE MILKMAN
EXECUTIVE VICE PRESIDENT
- Total calculated
- $242,642
- From this org
- $189,821
- From related orgs
- $0
- Other
- $52,821
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,821
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,796
- Nontaxable benefits
- $49,025
- Filer's total
- $242,642
-
LARRY BELL
CHIEF FINANCIAL OFFICER
- Total calculated
- $188,210
- From this org
- $162,977
- From related orgs
- $0
- Other
- $25,233
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $162,977
- Bonus
- not reported
- Other
- not reported
- Deferred
- $3,260
- Nontaxable benefits
- $21,973
- Filer's total
- $188,210
-
LAVELLE YOUNG
VICE PRESIDENT-OPERATIONS
- Total calculated
- $155,921
- From this org
- $131,231
- From related orgs
- $0
- Other
- $24,690
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,231
- Bonus
- not reported
- Other
- not reported
- Deferred
- $2,625
- Nontaxable benefits
- $22,065
- Filer's total
- $155,921
-
ELIZABETH WOODS
VICE PRESIDENT - OPERATIONS
- Total calculated
- $149,609
- From this org
- $125,820
- From related orgs
- $0
- Other
- $23,789
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $125,820
- Bonus
- not reported
- Other
- not reported
- Deferred
- $2,516
- Nontaxable benefits
- $21,273
- Filer's total
- $149,609
-
JAY R GOLDSTEIN
BOARD CHAIRMAN/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
OBRA KERNODLE IV
BOARD VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
BILL HANKOWSKY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
MIKE DIBERARDINIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DIANE DALTO WOOSNAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AVI EDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN MONDLAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BILL HANKOWSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL HAUPTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANGELA VAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARILYN JORDAN TAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MATT RUBEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DONN SCOTT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BILL WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELLEN YIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MARIO ZACHARJASZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KAREN FEGELY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $18,405,215
- Expenses
- $19,672,259
- Contributions
- $6,279,879
- Grants paid
- $0
-
2023
- Revenue
- $17,491,111
- Expenses
- $17,797,878
- Contributions
- $6,367,568
- Grants paid
- $0
-
2022
- Revenue
- $18,515,350
- Expenses
- $17,445,036
- Contributions
- $4,957,248
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $19,823,036
- Expenses
- $17,856,655
- Assets (EOY)
- $138,544,770
-
2020 · 990
- Revenue
- $24,883,136
- Expenses
- $25,000,753
- Assets (EOY)
- $26,551,411
-
2019 · 990
- Revenue
- $25,633,090
- Expenses
- $23,924,697
- Assets (EOY)
- $34,778,215
-
2018 · 990
- Revenue
- $23,801,262
- Expenses
- $24,892,840
- Assets (EOY)
- $24,901,363
-
2017 · 990
- Revenue
- $21,816,350
- Expenses
- $21,823,717
- Assets (EOY)
- $26,081,179
-
2016 · 990
- Revenue
- $18,164,962
- Expenses
- $18,584,923
- Assets (EOY)
- $24,131,190
-
2015 · 990
- Revenue
- $21,628,982
- Expenses
- $22,096,694
- Assets (EOY)
- $20,907,085
-
2014 · 990
- Revenue
- $17,754,782
- Expenses
- $18,638,415
- Assets (EOY)
- $21,626,243
-
2013 · 990
- Revenue
- $14,016,064
- Expenses
- $14,284,236
- Assets (EOY)
- $17,318,466
-
2012 · 990
- Revenue
- not reported
- Expenses
- $12,352,579
- Assets (EOY)
- $17,183,514
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
2024 DESIGN WETLANDS PARK ON DELAWARE RIVER PIERS
-
2023 Transfer of Natural Lands
-
2022 Transfer of Natural Lands
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C) (3) · PRESERVATION · PA · controlled entity
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
HOLD PA LIQUI · PA · income $1,294,503 · assets $12,846,776
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.