RIVERFRONT RECAPTURE INC

EIN: 061045653 501(c)(3) Recreation & Sports

Hartford, CT

Total Revenue
$4,523,698
Total Expenses
$4,329,606
Total Assets
$7,986,400
Net Assets
$7,513,590
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
CT
Principal Officer
Michael Zaleski
Phone
8607133131
Tax Period
2025-01-01 to 2025-12-31

RIVERFRONT RECAPTURE INC, founded in 1981, is a community nonprofit in the Recreation & Sports sector that reported $4.5M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $4.3M left a modest 4% surplus.

Mission

Riverfront Recapture is responsible for managing the riverfront park system that spans Hartford and East Hartford. This includes several functions from development of the parks, programming entertainment and activities for all ages, and coordination of the park maintenance and Ranger services. In 2025, more than 1,100,000 visitors enjoyed the Riverfront's many offerings.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $3,293,595
Program Service Revenue $686,354
Investment Income $222,881
Other Revenue $320,868
TOTAL REVENUE $4,523,698

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,025,375
Fundraising Expenses $390,668
Program Expenses $3,738,850
Other Expenses $2,304,231
TOTAL EXPENSES $4,329,606

Year-over-Year Comparison

2025 2024 Change
Revenue $4,523,698 $4,014,862 +0.1%
Expenses $4,329,606 $4,102,375 +0.1%
Net Income $194,092 $-87,513 -3.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
44
Independent Members
42
Employees
78
Volunteers
503

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$349,924
Total Directors
44
$190,889
Key Employees
1
$168,167
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Zaleski President & CEO 37.5
Officer Director
$174,930 $8,431 $183,361
Robert Allan Dir Public Safety and Park Operations 37.5
Highest
$135,284 $38,223 $173,507
Marc Nicol Director of Park Planning & Development 37.5
Key Emp
$158,121 $10,046 $168,167
Peter Morse Finance Director 37.5
Officer
$115,435 $43,600 $159,035
Deborah Baker Director of Development 37.5
Highest
$111,294 $26,209 $137,503
Margaret Gregg Secretary, Executive Committee 7.5
Officer Director
$7,528 $0 $7,528
Harold Blinderman Chair, Executive Committee 5
Officer Director
$0 $0 $0
David Klein Treasurer, Executive Committee 2
Officer Director
$0 $0 $0
Ashley Sauve Vice Chair, Executive Committee 2
Officer Director
$0 $0 $0
Greg Adams Asst Treasurer, Executive Committee 2
Officer Director
$0 $0 $0
Robert Annon Board Member 0.5
Director
$0 $0 $0
John Avedisian ex-officio Board Member, Executive Committee 1.5
Director
$0 $0 $0
Nuchette Black-Burke ex-officio Board member 0.5
Director
$0 $0 $0
Christopher Byrd Board Member 0.5
Director
$0 $0 $0
Kathleen Cassidy Board Member, Executive Committee 1.5
Director
$0 $0 $0
Lindsay Castonguay Hany Board Member, Executive Committee 1.5
Director
$0 $0 $0
Ranjana Chawla Board Member 0.5
Director
$0 $0 $0
Chinenye Claytor Board Member, Executive Committee 1.5
Director
$0 $0 $0
Susan Clemow Board Member 0.5
Director
$0 $0 $0
Thomas Cody Board Member 0.5
Director
$0 $0 $0
Julio Concepcion Board Member 0.5
Director
$0 $0 $0
Eric Cushman Board Member, Executive Committee 1.5
Director
$0 $0 $0
Matthew Dreier Board Member 0.5
Director
$0 $0 $0
Susan Freedman Board Member, Executive Committee 1.5
Director
$0 $0 $0
Liahna Gonda-King Board Member 0.5
Director
$0 $0 $0
Jonathan Harris Board Member 0.5
Director
$0 $0 $0
Matthew Hart ex-officio Board Member, Executive Committee 1.5
Director
$0 $0 $0
Christopher Hayes ex-officio Board member, Executive Committee 1.5
Director
$0 $0 $0
Blair Hughes Board Member 0.5
Director
$0 $0 $0
David Jenkins Board Member, Executive Committee 1.5
Director
$0 $0 $0
Stephanie Johnson Board Member 0.5
Director
$0 $0 $0
David Kindt Board Member 0.5
Director
$0 $0 $0
Kathleen Lilley Board Member 0.5
Director
$0 $0 $0
Jarad Lucan Board Member 0.5
Director
$0 $0 $0
Connor Martin ex-officio Board member, Executive Committee 1.5
Director
$0 $0 $0
Brian McCauley Board Member 0.5
Director
$0 $0 $0
Lauren Mullaney Board Member 0.5
Director
$0 $0 $0
Jacqueline Nadal Board Member 0.5
Director
$0 $0 $0
Patty Pittman Board Member 0.5
Director
$0 $0 $0
Michael Puckly Board Member, Executive Committee 1.5
Director
$0 $0 $0
Christina Ripple Board Member, Executive Committee 1.5
Director
$0 $0 $0
Camille Simpson Board Member, Executive Committee 1.5
Director
$0 $0 $0
Joe Stanford III Board Member 0.5
Director
$0 $0 $0
Himali Stoccatore Board Member 0.5
Director
$0 $0 $0
George Thomson Board Member 0.5
Director
$0 $0 $0
Pete Torres Board Member 0.5
Director
$0 $0 $0
Herb Virgo Board Member 0.5
Director
$0 $0 $0
Sebrina Wilson ex-officio Board Member 0.5
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $4,523,698 $4,329,606 $7,986,400 $194,092
2024 $4,014,862 $4,102,375 $7,391,378 $-87,513
2023 $3,724,147 $3,642,436 $7,034,197 $81,711
2022 $4,097,994 $3,903,081 $6,732,502 $194,913
2021 $4,976,440 $3,364,883 $7,562,287 $1,611,557
2020 $4,320,239 $2,515,010 $5,471,440 $1,805,229
2019 $4,298,365 $3,764,799 $3,544,028 $533,566
2018 $3,373,770 $3,367,417 $3,240,767 $6,353
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