2026-06-19T13:10:21-05:00 2025-12-31 390919055 RITZ HOLMAN LLP 330 E KILBOURN AVE SUITE 222 MILWAUKEE WI 53202 990 2025-01-01 391731739 RIVERWORKS DEVELOPMENT CORPORATION RIVE 4149069650 526 E CONCORDIA AVENUE MILWAUKEE WI 53212 MUSTAFA EMIR BOARD PRESIDENT 4149069650 2026-06-19 1 KATY L SOMMER P00273273 4142711451 2026-06-19 2025 2025-03-06 01:10:19Z MUSTAFA EMIR 526 E CONCORDIA AVENUE MILWAUKEE WI 53212 2895017 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. 17 17 29 80 66061 0 2295698 1742040 666171 643255 13813 11019 -41666 -28459 2934016 2367855 391563 0 0 0 1312471 1261762 0 0 89715 919694 866854 2623728 2128616 310288 239239 7353968 7341922 3191740 2940455 4162228 4401467 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 706839 28125 FINANCIAL CLINIC: EMPOWERS MILWAUKEE'S LOW- TO MODERATE-INCOME RESIDENTS WITH FREE, PROFESSIONAL FINANCIAL COUNSELING, TAX PREPARATION, AND COMMUNITY-BASED FINANCIAL EDUCATION. THROUGH ONE-ON-ONE COACHING, VITA TAX SERVICES, DEBT MANAGEMENT, FINANCIAL GOAL SETTING, AND BANKING ACCESS SUPPORT, THE PROGRAM HELPS RESIDENTS IMPROVE CREDIT, REDUCE DEBT, BUILD SAVINGS, AND ACHIEVE LONG-TERM FINANCIAL STABILITY. IN PARTNERSHIP WITH THE CITY OF MILWAUKEE FINANCIAL EMPOWERMENT CENTER, RIVERWORKS CONTINUES TO EXPAND ACCESS TO FREE, HIGH-QUALITY, NO-COST FINANCIAL SERVICES. IN 2025, THE FINANCIAL CLINIC SERVED 440 RESIDENTS THROUGH 2,482 APPOINTMENTS, INCLUDING 1,170 DOCUMENTED COUNSELING SESSIONS, WITH 660 TOTAL VISITS REFLECTING STRONG ENGAGEMENT AND REPEAT PARTICIPATION. PROGRAM OUTCOMES DEMONSTRATE MEANINGFUL IMPACT, WITH 266 TOTAL OUTCOMES ACHIEVED, INCLUDING 91 CLIENTS REACHING AT LEAST ONE OUTCOME AND 62 EARNING-DEFINED ACHIEVEMENTS. CLIENTS COLLECTIVELY INCREASED SAVINGS BY $52,876 AND REDUCED NON-MORTGAGE DEBT BY $541,424. THE PROGRAM ALSO EXPANDED ITS COMMUNITY EDUCATION EFFORTS THROUGH A LEGACY PLANNING WORKSHOP PILOT AND A HIGH-VOLUME VITA TAX SEASON, FURTHER STRENGTHENING ITS ROLE AS A TRUSTED RESOURCE FOR FINANCIAL EMPOWERMENT AND ECONOMIC RESILIENCE. 325351 88359 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. IN 2025, RESIDENTS ENGAGED IN THE BEERLINE SHUFFLE, MUSIC ON THE BEERLINE, THE RIVERWEST FARMERS MARKET, THE 53212MARKETPLACE SERIES, COMMUNITY MEETINGS, 7 NEIGHBORHOOD CLEAN UPS, AND OTHER EVENTS THAT UNITE THE HARAMBEE AND RIVERWEST COMMUNITIES. 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. 516200 420713 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, MINOR LANDSCAPING, STREETSCAPE MAINTENANCE, EVENT SERVICES, AND RETURNING STOLEN PROPERTY. CONTRACTS INCLUDE THE CITY OF MILWAUKEE, BUSINESS IMPROVEMENT DISTRICTS (BIDS), AND PRIVATE BUSINESSES. IN 2025, RIVERWORKS CLEANS WORKED IN 6 MILWAUKEE BIDS AND COLLECTED 118,000 GALLONS OF LITTER, EMPTIED 788 OVERFLOWING PUBLIC TRASH RECEPTACLES, REMOVED 16 PIECES OF GRAFFITI, CLEANED UP 55 ILLEGAL DUMPS, AND RETURNED 196 SHOPPING CARTS. RIVERWORKS CLEANS ALSO COMPLETED 1,340 ILLEGAL DUMP WORK ORDERS ISSUED BY THE CITY OF MILWAUKEE, RESULTING IN 5,967 CUBIC YARDS OF DEBRIS REMOVED FROM CITY-OWNED PROPERTIES. ADDITIONALLY, RIVERWORKS CLEANS PROVIDED DISPOSAL AND CLEANING SERVICES AT 9 COMMUNITY EVENTS, PERFORMED LANDSCAPING, SNOW REMOVAL AND LITTER PICK UP FOR 7 MONTHLY COMMERCIAL PROPERTY CONTRACTS, AND SERVICED 11 ONE-TIME COMMERCIAL / RESIDENTIAL TRASH PICK-UPS. 205830 4972 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 A LAUNDROMAT, A LOCAL BUSINESS' EVENT SPACE, 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 SQUARE FEET OF RETAIL SPACE. THE CONNECTOR BUILDING, COMPLETED IN 2024, IS A 2,900 SQUARE FOOT SPACE ADJACENT TO THE BEERLINE TRAIL THAT IS HOME TO KUUMBA JUICE & COFFEEHOUSE AND A MULTI-USE COMMUNITY ROOM. 205830 4972 1754220 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 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 36 0 1 29 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 WI X DARRYL JOHNSON 4149069650 526 E CONCORDIA AVE MILWAUKEE WI 53212 MUSTAFA EMIR PRESIDENT 1.00 X X 0 0 0 SHAWNTA EATON-LESCHIG VICE PRESIDENT 1.00 X X 0 0 0 SUSAN DOYLE TREASURER 1.00 X X 0 0 0 NEIL WHITE SECRETARY 1.00 X X 0 0 0 MICHAEL MAISTELMAN DIRECTOR 1.00 X 0 0 0 ADRIAN SPENCER DIRECTOR 1.00 X 0 0 0 MIKE OLSON DIRECTOR 1.00 X 0 0 0 ANDREW RUEHL DIRECTOR 1.00 X 0 0 0 CASSANDRA FLAGG DIRECTOR 1.00 X 0 0 0 ERIKA TURNER 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 VERNON SINGLETON DIRECTOR 1.00 X 0 0 0 JAROD LITTLE DIRECTOR 1.00 X 0 0 0 NICHOLAS MIGAN DIRECTOR 1.00 X 0 0 0 CINTHIA TELLEZ-SILVA DIRECTOR 1.00 X 0 0 0 TAMIKA MALLETTE DIRECTOR 1.00 X 0 0 0 DARRYL JOHNSON EXECUTIVE DIRECTOR 40.00 X 114581 0 50508 114581 0 50508 1 0 0 0 0 491774 1250266 1791 1742040 OTHER PROGRAM SERVICES 900099 294993 294993 CITY OF MILWAUKEE 900099 199804 199804 COIN LAUNDRY 900099 106058 106058 ADMIN SUPPORT-NID 900099 42400 42400 643255 11019 11019 487165 527162 -39997 -39997 -39997 6566 0 6566 6566 OTHER INCOME 900099 4972 4972 4972 2367855 542169 66061 17585 X 137078 122207 11619 3252 803447 716562 68040 18845 13373 11203 1686 484 216565 188856 21293 6416 91299 61173 28545 1581 57449 57449 213488 138790 19123 55575 9784 8198 1312 274 57830 25043 29499 3288 39706 31854 7852 2013 1934 79 6565 5708 857 36579 36154 425 46956 30452 16504 26043 14749 11294 DISPOSAL 117333 117333 BAD DEBT EXPENSE 110390 102340 8050 COIN LAUNDRY PARTNER FE 50281 50281 VEHICLE MAINTENANCE 24665 24665 67772 66718 1054 2128616 1754220 284681 89715 384728 454824 325775 324541 690244 780698 978544 772489 28683 24497 6749586 1840055 4861864 4909531 84130 75342 7353968 7341922 323093 184059 10890 3623 2845712 2733093 12045 19680 3191740 2940455 X 2518629 2568124 1643599 1833343 4162228 4401467 7353968 7341922 239239 0 X 0 1 X 1 0 X 1187828 1884621 2146139 2295698 1744700 9258986 1187828 1884621 2146139 2295698 1744700 9258986 1104425 8154561 4598 5095 10182 13813 11019 44707 177148 177519 184315 179517 106058 824557 457432 487145 509200 494426 542169 2490372 12618622 0.64620 0.65940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 691284 691284 5818751 1716099 4102652 24932 16575 8357 131744 51265 80479 82875 56116 26759 4909531 CAPITAL LEASE - COPIER 13526 SECURITY DEPOSIT 6154 19680 X 2933500 38483 527163 565646 2367854 0 2367854 2694261 38483 527163 565646 2128615 0 2128615 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, 2025, 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 527,163. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 527,163. X X X X X 1 DAWN HUTCHISON-WEISS 3539 E AMERICAN AVE OAK CREEK WI 53154 FUNDRAISING SERVICES 0 685000 0 45575 MCDONALD SCHAEFER LLC 2921 LANDMARK PLACE STE 300 MADISON WI 53713 FUNDRAISING SERVICES 0 200000 0 16700 885000 62275 0 0 0 0 0 0 0 0 0 DARRYL JOHNSON EXECUTIVE DIRECTOR 114581 0 0 0 0 0 3614 0 46894 0 165089 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FINANCE COMMITTEE AND EXECUTIVE COMMITTEE 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 FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 19,413. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 22,600. TOTAL EXPENSES 42,013. LANDSCAPING AND SNOW REMOVAL: PROGRAM SERVICE EXPENSES 2,492. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,492. PAYROLL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,530. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,530. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 116,885. MANAGEMENT AND GENERAL EXPENSES 10,593. FUNDRAISING EXPENSES 32,975. TOTAL EXPENSES 160,453. 3901 N RICHARDS ST LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 412090592 SHOPPING CENTER WI 333014 1030246 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 314617 100 KEEFE AVENUE CROSSING LLC 526 E CONCORDIA AVE MILWAUKEE WI 53212 471286301 REAL ESTATE WI 10364 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 -6 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 RIVERWORKS LOFTS D 560000 FMV