Riverworks Development Corporation
Boosts economic prosperity by offering resources for residents and businesses, especially in Riverworks neighborhoods. For fiscal year 2025 it reported $2.4M in revenue, $2.1M in expenses, and $4.4M in net assets.Pt I
- Founded
- 1992
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Milwaukee, WI
- Website
- www.riverworksmke.org
- Filings
- 6 on file (2020–2025)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Darryl Johnson’s $115K as Executive Director is at the 28th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Darryl Johnson | $114,581 | $108,597 | $113,927 | $115,859 | $107,306 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
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…
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.
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…
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 82% | — | — |
| Overhead ratio | 13% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -19% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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