2023-05-30T15:58:20-05:00 2022-12-31 390919055 RITZ HOLMAN LLP 330 E KILBOURN AVE SUITE 550 MILWAUKEE WI 53202 990 2022-01-01 391731739 RIVERWORKS DEVELOPMENT CORPORATION RIVE 4149069650 526 E CONCORDIA AVENUE MILWAUKEE WI 53212 SHAWNTA EATON-LESCHIG BOARD VP 4149069650 2023-05-30 1 SHAWNTA EATON-LESCHIG 999009999 0 KATY L SOMMER P00273273 4142711451 2023-05-30 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN ADAMS 526 E CONCORDIA AVENUE MILWAUKEE WI 53212 2990212 0 X WWW.RIVERWORKSMKE.ORG X 1992 WI RIVERWORKS DEVELOPMENT CORPORATION (RDC) DRIVES SOCIAL AND ECONOMIC DEVELOPMENT BY ALIGNING RESIDENTS AND BUSINESSES WITH SPECIALIZED RESOURCES THAT STRENGTHEN HARAMBEE, RIVERWEST AND SURROUNDING COMMUNITIES. 12 12 36 170 109075 0 1187828 1884621 628375 655914 4598 5095 -46516 -54118 1774285 2491512 30000 0 0 0 1035041 1173510 31000 116356 197834 572472 684440 1668513 1974306 105772 517206 5731208 6357876 2953156 3062618 2778052 3295258 X RIVERWORKS DEVELOPMENT CORPORATION (RDC) DRIVES SOCIAL AND ECONOMIC DEVELOPMENT BY ALIGNING RESIDENTS AND BUSINESSES WITH SPECIALIZED RESOURCES THAT STRENGTHEN HARAMBEE, RIVERWEST AND SURROUNDING COMMUNITIES. 0 0 424453 FINANCIAL CLINIC: PROVIDES INNOVATIVE SOLUTIONS TO HELP FAMILIES, INDIVIDUALS AND SMALL BUSINESSES REACH THEIR FULL POTENTIAL BY INCREASING CREDIT SCORES, BUILDING WEALTH, AND LEARNING NEW WAYS TO ACHIEVE SHORT AND LONG-TERM FINANCIAL GOALS. THE CLINIC ACCOMPLISHES THIS THROUGH ONE-ON-ONE FINANCIAL COACHING, GROUP-BASED EDUCATION, FREE TAX PREPARATION SERVICES, DEBT MANAGEMENT, PLANNING, GOAL SETTING, BUILDING BANKING RELATIONSHIPS, AND OTHER REFERRAL RESOURCES. IN 2022, 187 CLIENTS RECEIVED ONE-ON-ONE FINANCIAL COACHING SERVICES; 1,196 INDIVIDUALS WERE REFERRED TO FINANCIAL RESOURCES AND PROGRAMS THROUGH THE FINANCIAL NAVIGATOR PROGRAM; AND 1,172 INDIVIDUALS WERE ASSISTED IN PREPARING AND SUBMITTING THEIR TAX RETURNS THROUGH THE VOLUNTEER INCOME TAX ASSISTANCE (VITA) PROGRAM. 475424 42400 NEIGHBORHOOD DEVELOPMENT & CREATIVE PLACEMAKING: 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, SUCH AS THE BEERLINE TRAIL, 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 2022, RESIDENTS ENGAGED IN THE BEERLINE SHUFFLE, MUSIC ON THE BEERLINE, THE 53212MARKETPLACE SERIES, NEIGHBORHOOD CLEAN UPS, AND OTHER EVENTS THAT UNITE THE HARAMBEE AND RIVERWEST COMMUNITIES. RIVERWORKS COMPLETED 3,789 HOUSING SURVEYS IN THE HARAMBEE NEIGHBORHOOD TO ADDRESS BLIGHTED PROPERTIES AND ENCOURAGE RESIDENTS TO APPLY FOR FUNDING FOR HOME REPAIR. THE HARAMBEE QUALITY OF LIFE PLAN BROUGHT TOGETHER COMMUNITY STAKEHOLDERS AND RESIDENTS TO BEGIN PLANNING PHASES 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. PRIOR TO THE BEERLINE TRAIL NEIGHBORHOOD DEVELOPMENT PROJECT EFFORTS, THIS CORRIDOR WAS SIGNIFICANTLY IMPACTED BY BLIGHT, DISINVESTMENT, AND A LACK OF PERCEIVED SAFETY. 166602 33400 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 2022, THE HUB ASSISTED 304 BUSINESSES IN STARTING, GROWING, MARKETING, AND FUNDING THEIR VENTURES. THROUGH THE BOUNCEBACK GRANT, THE HUB ASSISTED 53 BUSINESSES IN RECEIVING A TOTAL $740,000 TO FUND LEASING OF COMMERCIAL SPACES, AND THROUGH THE BREW CITY MATCH GRANT PROGRAM, 11 BUSINESSES WERE AWARDED A TOTAL OF $105,000 FOR MARKETING, PREDEVELOPMENT AND CONSTRUCTION COSTS. 487686 377957 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, THE BEERLINE TRAIL FOOD COURT, AND A SPACED RENTED BY FAMILY DOLLAR. 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 2022, RDC COMPLETED CONSTRUCTION AND LANDSCAPING ON A GREEN INFRASTRUCTURE PROJECT - THE BEERLINE PLAZA; THE PLAZA IS LOCATED AT THE RIVERWORKS CITY CENTER, AND SERVES AS A PUBLIC PLACE FOR EVENTS, MUSIC, ART AND MUCH MORE. RDC ALSO CONTINUED CONSTRUCTION ON THE CONNECTOR BUILDING PROJECT, WHICH WILL HAVE A MULTI-USE COMMUNITY SPACE AND CAFE ADJACENT TO THE BEERLINE TRAIL, AND IS EXPECTED TO BE COMPLETED IN SPRING 2023. 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 2022, RIVERWORKS CLEANS WORKED IN 7 MILWAUKEE BUSINESS IMPROVEMENT DISTRICTS AND COLLECTED 4,169 BAGS OF LITTER, EMPTIED 1,246 TRASH CANS, RETURNED 499 SHOPPING CARTS, AND REMOVED 15 GRAFFITI TAGS. RIVERWORKS CLEANS ALSO COMPLETED 1,494 ILLEGAL DUMP WORK ORDERS ISSUED BY THE CITY OF MILWAUKEE, RESULTING IN 7,172 CUBIC YARDS OF DEBRIS, REMOVED FROM CITY OWNED PROPERTIES. 487686 377957 1554165 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 36 0 1 36 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 1 1 WI X DARRYL JOHNSON 4149069650 526 E CONCORDIA AVE MILWAUKEE WI 53212 SHAWNTA EATON-LESCHIG TREASURER 1.00 X X 0 0 0 MICHAEL MAISTELMAN DIRECTOR 1.00 X 0 0 0 ANDREW RUEHL DIRECTOR 1.00 X 0 0 0 GLENN MATTISON DIRECTOR 1.00 X 0 0 0 TED TORCIVIA DIRECTOR 1.00 X 0 0 0 ERIKA TURNER DIRECTOR 1.00 X 0 0 0 EDWARD BRYANT FORMER DIRECTOR 1.00 X 0 0 0 ROBIN N REESE FORMER DIRECTOR 1.00 X 0 0 0 DAN SWEENEY FORMER DIRECTOR 1.00 X 0 0 0 STEVE ADAMS PRESIDENT 1.00 X X 0 0 0 MUSTAFA EMIR VICE PRESIDENT 1.00 X X 0 0 0 MIKE OLSON DIRECTOR 1.00 X 0 0 0 NEIL WHITE SECRETARY 1.00 X X 0 0 0 CASSANDRA FLAGG DIRECTOR 1.00 X 0 0 0 DARRYL JOHNSON EXECUTIVE DIRECTOR 40.00 X 113927 0 37287 113927 0 37287 1 0 1 0 JORDAN'S CONSTRUCTION SERVICES LLC 2373 N 14TH ST MILWAUKEE WI 53206 CONSTRUCTION AND PROJECT MANAGEMENT SERV 183059 MCDONALD SCHAEFER LLC 2921 LANDMARK PLACE SUITE 300 MADISON WI 53713 FUNDRAISING SERVICES 118850 2 560688 1323933 11753 1884621 OTHER PROGRAM SERVICES 900099 204707 204707 CITY OF MILWAUKEE 900099 197888 197888 COIN LAUNDRY 900099 177519 177519 ADMIN SUPPORT-BUS IMP 900099 75800 75800 655914 5095 5095 435832 498700 -62868 -62868 -68444 5576 5956 0 5956 5956 OTHER INCOME 900099 2794 2794 2794 2491512 481189 109075 16627 151214 128127 13675 9412 796866 673841 65424 57601 132285 109705 17177 5403 93145 57781 30349 5015 44452 44452 17220 17220 116356 116356 147632 129295 18337 31062 27414 2972 676 49931 21409 25558 2964 50482 42187 8295 1220 911 64 245 1887 1567 158 162 14614 14137 477 36730 24199 12531 18403 9527 8876 DISPOSAL 92305 92305 COIN LAUNDRY PARTNER FE 83473 83473 VEHICLE MAINTENANCE 30146 30146 PROGRAM SUPPLIES AND EX 24782 24636 146 40101 39053 1048 1974306 1554165 222307 197834 160439 439154 540890 291978 159220 391601 614386 839029 20408 15714 5639957 1370528 4156050 4269429 79815 110971 5731208 6357876 179676 144286 7267 78014 2734218 2814486 31995 25832 2953156 3062618 X 2144645 2088841 633407 1206417 2778052 3295258 5731208 6357876 517206 0 X 0 1 X 1 0 X 481171 499920 1335328 1187828 1884621 5388868 481171 499920 1335328 1187828 1884621 5388868 615608 4773260 5338 5242 4750 4598 5095 25023 21509 124916 127030 177148 177519 628122 445749 451281 477321 457432 487145 2318928 8360941 0.57090 0.47140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 183005 183005 5351071 1287792 4063279 12232 7863 4369 31920 24807 7113 61729 50066 11663 4269429 CAPITAL LEASE - COPIER 23307 SECURITY DEPOSIT 2525 25832 X 2990211 498699 498699 2491512 0 2491512 2473005 498699 498699 1974306 0 1974306 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS OTHER THAN A PRIVATE FOUNDATION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES (PRIMARILY RENTAL INCOME) NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT HAS REVIEWED ALL TAX POSITIONS RECOGNIZED IN PREVIOUSLY FILED TAX RETURNS IN THE U.S. FEDERAL AND STATE JURISDICTIONS AND THOSE EXPECTED TO BE TAKEN IN FUTURE TAX RETURNS. AS OF DECEMBER 31, 2022, THE ORGANIZATION HAD NO AMOUNTS RELATED TO UNRECOGNIZED INCOME TAX BENEFITS AND NO AMOUNTS RELATED TO ACCRUED INTEREST AND PENALTIES. THE ORGANIZATION DOES NOT ANTICIPATE ANY SIGNIFICANT CHANGES TO UNRECOGNIZED INCOME TAX BENEFITS OVER THE NEXT YEAR. THE ORGANIZATION IS CURRENTLY NOT UNDER AUDIT BY ANY FEDERAL OR STATE TAXING AUTHORITY. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 498,699. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 498,699. X X X X X 1 MCDONALD SCHAEFER LLC 207 E BUFFALO ST 604 MILWAUKEE WI 53202 FUNDRAISING SERVICES 0 654759 106950 547809 DAWN HUTCHINSON-WEISS 3539 E AMERICAN AVE OAK CREEK WI 53154 FUNDRAISING SERVICES 0 365703 9000 356703 1020462 115950 904512 X X 0 0 0 0 0 0 0 0 0 DARRYL JOHNSON EXECUTIVE DIRECTOR 113927 0 0 0 0 0 0 0 37287 0 151214 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - TREASURER/VICE PRESIDENT REVIEWS THE 990 BEFORE IT IS FILED, AND REPORTS TO THE ENTIRE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST FORMS ARE FILLED OUT AND SIGNED DURING BOARD MEMBER ONBOARDING, AS WELL AS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL REVIEW IS DONE BY THE EXECUTIVE COMMITTEE TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR. ALL OTHER EMPLOYEE'S COMPENSATIONS ARE DETERMINED BY THE EXECUTIVE DIRECTOR, ARE REVIEWED BY THE FINANCE COMMITTEE, AND APPROVED BY THE BOARD THROUGH THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST 3901 N RICHARDS ST LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 412090592 SHOPPING CENTER WI 296463 1131965 100 3372 N HOLTON ST LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 391731739 REAL ESTATE WI 100 FIVE POINT EXCHANGE HOLDINGS LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 471288880 REAL ESTATE WI 100 RIVERWORKS CITY CENTER LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 412090589 NONPROFIT OFFICES WI 368295 100 KEEFE AVENUE CROSSING LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 471286301 REAL ESTATE WI 100 HARAMBEE NEIGHBORHOOD IMPROVEMENT DISTRICT 526 E CONCORDIA AVE MILWAUKEE WI 53212 824265781 WI 501(A) LINE 6 0 RIVERWORKS LOFTS 5201 E TERRACE DR MADISON WI 53718 273814632 REAL ESTATE WI -9 0 0 0 1 1 1 1 0 0 0 0 0 1 1 0 1 1 0 0 0 0 RIVERWORKS LOFTS D 560000 FMV RIVERWORKS CITY CENTER LLC K 11753 FMV RIVERWORKS LOFTS D 2053 FMV HARAMBEE NEIGHBORHOOD IMPROVEMENT DISTRICT D 30000 FMV