Riverworks Development Corporation
Riverworks Development Corporation (RDC) is a Milwaukee, Wisconsin, Form 990 (a public charity) that works primarily in the Harambee and Riverwest neighborhoods. It says it drives social and economic development by connecting residents and businesses with specialized resources.
Riverworks Development Corporation at a glance
- Total assets
- $7,341,922
- -0.2% vs 2024
- Revenue (2025)
- $2,367,855
- -19.3% vs 2024
- Net investment income (2025)
- $11,019
- -20.2% vs 2024
- Expenses (2025)
- $2,128,616
- -18.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026.
How to apply to Riverworks Development Corporation
- Contact
Mailing address: 526 E Concordia Avenue, Milwaukee, WI 53212
Phone: (414) 906-9650
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Riverworks Development Corporation funds
How this funder distributes its grants
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 9 grants of 13 (69%).
Geographic Focus
Where this funder awards grants
RDC says it works primarily in Milwaukee’s Harambee and Riverwest neighborhoods, with surrounding communities also included in its stated mission. Its Business Development HUB says its main service area is Harambee and Riverwest, extending to Milwaukee and surrounding areas.
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $82K (2023) to $389K (2024). In 2024 it made 11 grants totaling $389K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Copywrite Magazine Milwaukee, WI | Brew City Match Pass Through Grant | $80,034 |
| Marisa Camacho LLC Milwaukee, WI | Brew City Match Pass Through Grant | $60,423 |
| Paloma Contruction LLC Milwaukee, WI | Brew City Match Pass Through Grant | $58,264 |
| Sam's Place Jazz Cafe Milwaukee, WI | Brew City Match Pass Through Grant | $38,495 |
| Crops on Top LLC Milwaukee, WI | Brew City Match Pass Through Grant | $34,833 |
| Kosmik Kare Day Spa Milwaukee, WI | Brew City Match Pass Through Grant | $34,722 |
| Kuumba Juice and Coffeehouse LLC Milwaukee, WI | Brew City Match Pass Through Grant | $24,583 |
| She Slangs Wood Milwaukee, WI | Brew City Match Pass Through Grant | $20,000 |
| West River Partners Milwaukee, WI | Brew City Match Pass Through Grant | $15,082 |
| Gumbo Valley LLC Milwaukee, WI | Brew City Match Pass Through Grant | $14,152 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $7,341,922 | $2,367,855 | $2,128,616 | — | — | $11,019 |
| 2024 | $7,353,968 | $2,934,016 | $2,623,728 | $388,642 | 11 | $13,813 |
| 2023 | $7,065,704 | $2,829,114 | $2,272,432 | $82,116 | 2 | $10,182 |
| 2022 | $6,357,876 | $2,491,512 | $1,974,306 | — | — | $5,095 |
| 2021 | $5,731,208 | $1,774,285 | $1,668,513 | — | — | $4,598 |
| 2020 | $5,765,936 | $1,970,677 | $1,467,133 | — | — | $4,750 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
RDC’s mission is to align residents and businesses with resources that strengthen Harambee, Riverwest, and surrounding communities. Its stated organizational pillars are business development, financial empowerment, real estate development, neighborhood revitalization, and creative placemaking.
Its 2025 filing describes a Financial Clinic providing free financial counseling, tax preparation, and financial education to Milwaukee residents with low to moderate incomes. The filing also describes neighborhood activities, Riverworks Cleans—an employment-focused social enterprise—and real estate projects intended to have positive economic and social impacts in the community.
Grantmaking
The IRS filing data reports 11 grants totaling $388,642 in 2024 and two grants totaling $82,116 in 2023. Those totals correspond to average grants of about $35,331 and $41,058, respectively. The 2025 filing data reports zero grants. No grantee names or grant-specific amounts are provided here.
RDC’s Business Development HUB helps local businesses identify grants and other financing opportunities; the website presents these as resources for businesses, not as RDC grants to outside applicants. No application process, materials, restrictions, or deadline for RDC grant requests are stated.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Mustafa Emir as president; Shawnta Eaton-Leschig as vice president; Susan Doyle as treasurer; and Neil White as secretary. It also lists Michael Maistelman, Adrian Spencer, Mike Olson, Andrew Ruehl, Cassandra Flagg, and Erika Turner as directors.
Riverworks Development Corporation is led by Darryl Johnson, Executive Director on filings since 2020; 1 of 18 officers listed in 2025 is compensated.
Officers on the 2025 filing
Darryl Johnson
Executive Director
On filings since 2020
40 hrs/week
$107K (2020) → $115K (2025)
Mustafa Emir
President
Secretary → Vice President, 2022
Vice President → President, 2023
On filings since 2020
1 hr/week
No compensation reported
Andrew Ruehl
Director
On filings since 2020
1 hr/week
No compensation reported
Glenn Mattison
Director
On filings since 2020
1 hr/week
No compensation reported
Mike Olson
Director
Treasurer → Director, 2022
On filings since 2020
1 hr/week
No compensation reported
Ted Torcivia
Director
On filings since 2020
1 hr/week
No compensation reported
Cassandra Flagg
Director
On filings since 2022
1 hr/week
No compensation reported
Erika Turner
Director
Director → Treasurer, 2023
Treasurer → Director, 2025
On filings since 2022
1 hr/week
No compensation reported
Michael Maistelman
Director
On filings since 2022
1 hr/week
No compensation reported
Adrian Spencer
Director
On filings since 2023
1 hr/week
No compensation reported
Vernon Singleton
Director
On filings since 2023
1 hr/week
No compensation reported
Cinthia Tellez-Silva
Director
On filings since 2024
1 hr/week
No compensation reported
Jarod Little
Director
On filings since 2024
1 hr/week
No compensation reported
Nicholas Migan
Director
New on the 2025 filing
1 hr/week
No compensation reported
Tamika Mallette
Director
New on the 2025 filing
1 hr/week
No compensation reported
Shawnta Eaton-Leschig
Vice President
Director → Treasurer, 2022
Treasurer → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Neil White
Secretary
On filings since 2022
1 hr/week
No compensation reported
Susan Doyle
Treasurer
Director → Treasurer, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (13)
- Former: Steve Adams (2020–2024) — Director
- Former: Dannie Stallworth (2024) — Director
- Former: Darryl Jonhson (2024) — Executive Director
- Former: Ted Trocivia (2024) — Director
- Former: Dan Sweeney (2020–2022) — Former Director
- Former: Edward Bryant (2020–2022) — Former Director
- Former: Robin N. Reese (2020–2022) — Former Director
- Former: Brian Monroe (2020–2021) — Director
- Former: Carl Nilssen (2020–2021) — Vice President
- Former: Darryl Jackson (2020–2021) — Director
- Former: Natalie Bowers (2020–2021) — Director
- Former: Palone Williams (2020–2021) — Director
- Former: Sandra J. Gaillard (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $115K, to Darryl Johnson (Executive Director).
Frequently asked questions about Riverworks Development Corporation
How large is Riverworks Development Corporation?
Riverworks Development Corporation reported $7.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.4M.
What does Riverworks Development Corporation fund?
RDC’s mission is to align residents and businesses with resources that strengthen Harambee, Riverwest, and surrounding communities. Its stated organizational pillars are business development, financial empowerment, real estate development, neighborhood revitalization, and creative placemaking. See mission & focus areas ↑
How do I apply for a grant from Riverworks Development Corporation?
Riverworks Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
Where does Riverworks Development Corporation make grants?
RDC says it works primarily in Milwaukee’s Harambee and Riverwest neighborhoods, with surrounding communities also included in its stated mission. Its Business Development HUB says its main service area is Harambee and Riverwest, extending to Milwaukee and surrounding areas.
What is Riverworks Development Corporation's EIN?
Riverworks Development Corporation's EIN (Employer Identification Number) is 39-1731739. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 15, 2021)
- Added Form 990 for fiscal year 2025 (received by the IRS June 19, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Riverworks Development Corporation funds
Community Improvement & Capacity Building Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Riverworks Development Corporation's focus areas in our free grants database
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Riverworks Development Corporation down — hundreds of funders to go?