RIVERWORKS DEVELOPMENT CORPORATION

EIN: 391731739 501(c)(3) Community Improvement

MILWAUKEE, WI

Total Revenue
$2,367,855
Total Expenses
$2,128,616
Total Assets
$7,341,922
Net Assets
$4,401,467
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
WI
Principal Officer
MUSTAFA EMIR
Phone
4149069650
Tax Period
2025-01-01 to 2025-12-31

RIVERWORKS DEVELOPMENT CORPORATION, founded in 1992, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2025. Revenue decreased 19% compared to the prior year. Expenses of $2.1M left a modest 10% surplus.

Mission

RIVERWORKS DEVELOPMENT CORPORATION (RDC) DRIVES SOCIAL AND ECONOMIC DEVELOPMENT BY ALIGNING RESIDENTS AND BUSINESSES WITH SPECIALIZED RESOURCES THAT STRENGTHEN HARAMBEE, RIVERWEST AND SURROUNDING COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $706,839 Revenue: $28,125

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...

Read more

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.

Program 2
Expenses: $325,351 Revenue: $88,359

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...

Read more

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.

Program 3
Expenses: $516,200 Revenue: $420,713

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...

Read more

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $1,742,040
Program Service Revenue $643,255
Investment Income $11,019
Other Revenue $-28,459
TOTAL REVENUE $2,367,855

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,261,762
Fundraising Expenses $89,715
Program Expenses $1,754,220
Other Expenses $866,854
TOTAL EXPENSES $2,128,616

Year-over-Year Comparison

2025 2024 Change
Revenue $2,367,855 $2,934,016 -0.2%
Expenses $2,128,616 $2,623,728 -0.2%
Net Income $239,239 $310,288 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
17
Independent Members
17
Employees
29
Volunteers
80

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
5
$165,089
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MUSTAFA EMIR PRESIDENT 1.00
Officer Director
$0 $0 $0
SHAWNTA EATON-LESCHIG VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
SUSAN DOYLE TREASURER 1.00
Officer Director
$0 $0 $0
NEIL WHITE SECRETARY 1.00
Officer Director
$0 $0 $0
MICHAEL MAISTELMAN DIRECTOR 1.00
Director
$0 $0 $0
ADRIAN SPENCER DIRECTOR 1.00
Director
$0 $0 $0
MIKE OLSON DIRECTOR 1.00
Director
$0 $0 $0
ANDREW RUEHL DIRECTOR 1.00
Director
$0 $0 $0
CASSANDRA FLAGG DIRECTOR 1.00
Director
$0 $0 $0
ERIKA TURNER DIRECTOR 1.00
Director
$0 $0 $0
GLENN MATTISON DIRECTOR 1.00
Director
$0 $0 $0
TED TORCIVIA DIRECTOR 1.00
Director
$0 $0 $0
VERNON SINGLETON DIRECTOR 1.00
Director
$0 $0 $0
JAROD LITTLE DIRECTOR 1.00
Director
$0 $0 $0
NICHOLAS MIGAN DIRECTOR 1.00
Director
$0 $0 $0
CINTHIA TELLEZ-SILVA DIRECTOR 1.00
Director
$0 $0 $0
TAMIKA MALLETTE DIRECTOR 1.00
Director
$0 $0 $0
DARRYL JOHNSON EXECUTIVE DIRECTOR 40.00
Officer
$114,581 $50,508 $165,089
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 $2,367,855 $2,128,616 $7,341,922 $239,239
2024 No data No data No data No data
2023 $2,829,114 $2,272,432 $7,065,704 $556,682
2022 $2,491,512 $1,974,306 $6,357,876 $517,206
2021 $1,774,285 $1,668,513 $5,731,208 $105,772
2020 $1,970,677 $1,467,133 $5,765,936 $503,544
2019 $973,933 $1,174,802 $5,307,170 $-200,869
2018 $1,043,522 $1,167,508 $5,565,301 $-123,986
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RIVERWORKS DEVELOPMENT CORPORATION with other nonprofits in Wisconsin and across the country.