MILWAUKEE, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
RIVERWORKS DEVELOPMENT CORPORATION (RDC) DRIVES SOCIAL AND ECONOMIC DEVELOPMENT BY ALIGNING RESIDENTS AND BUSINESSES WITH SPECIALIZED RESOURCES THAT STRENGTHEN HARAMBEE, RIVERWEST AND SURROUNDING COMMUNITIES.
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...
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.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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
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$0 | $0 | $0 |
| CASSANDRA FLAGG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIKA TURNER | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| GLENN MATTISON | DIRECTOR | 1.00 |
Director
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$0 | $0 | $0 |
| TED TORCIVIA | DIRECTOR | 1.00 |
Director
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$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
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$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 |
| 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 |
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