Delaware · Nonprofit
RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE
RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE (Delaware) receives grants from 2 organizations whose IRS filings report $75,232 to it, the largest being NATIONAL FISH AND WILDLIFE FOUNDATION ($50,232). 0 of them have funded it in more than one year.
- Revenue FY2025
- $6.0M
- Funders on record
- 2
- Grants received
- $75k
- Net assets
- $128M
What Riverfront Development Corporation of Delaware does
Mission
The mission of the Riverfront Development Corporation of Delaware is to create economic vitality along the brandywine and christina rivers, enhance the environment, encourage historic preservation, and promote community access. Through targeted and leveraged investments, rdc will create employment and residential development while promoting education, the arts, creation and tourism.
As stated on its FY2025 Form 990.
Programs
Various other programs for the purpose of promoting development of the riverfront area. There are an average total of 3.5 million visitors per year to the many attractions, restaurants, and businesses in the entire riverfront area as a result of rdc development efforts. Programs include maintenance of the riverwalk which is an aesthetic walkway connecting the riverfront attractions. Operation of a beautifully landscaped miniature golf course overlooking the christina river, developed on a previously vacant concrete lot, which attracted over 21,000 visitors. The miniature golf course aesthetically improved the parcel and brought new visitors to riverfront attractions. More information on the Riverfront Development Corporation of Delaware may be found at www.riverfrontwilm.com
$8,380,687 spentof which $184,850 as grants$1,280,932 earned by the program65% of program spendingOperation of a conference center which draws over 198,000 people annually to a previously run down area. The center has created more than 60 full time jobs plus seasonal positions.
$2,744,079 spent$536,200 earned by the program21% of program spendingRental real estate - expenses related to the operation of a baseball stadium which is the home of a minor league advanced-a baseball team. The baseball team draws an annual attendance of 156,000 fans to their games and other events held at the stadium draw 12,000 visitors annually. Also, expenses related to the maintenance of a public market in a historic warehouse which is rented to vendors in a european style marketplace, in addition to a fine dining restaurant.
$652,180 spent$649,770 earned by the program5% of program spendingOperation of the dupont environmental education center. The center provides environmental education programs for individuals, families, schools and groups, and also marsh, river and wildlife interpretation to visitors. The center served over 47,000 visitors during the year.
$1,077,691 spent8% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $12,854,637.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $112M to $140M (+25%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 26% · 2024 16% · 2025 46%. Grants only. Government contracts and fees sit inside program revenue.
46% of RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 9 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Megan Mcglinchey
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE draws 67% of its grant income from funders outside Delaware, across 2 states in all.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE is better cushioned than half of the 2,127 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,127 community improvement nonprofits $1M–$10M, FY2025
Organizations like RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Delaware
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
92% of spending goes to programs.
Governance
Public support
60%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Riverfront-Wilmington Business Improvement District · exempt
Screen this organization
A dated, signed PDF of the compliance screen for RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE?
- RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE (Delaware) receives grants from 2 organizations whose IRS filings report $75,232 to it, the largest being NATIONAL FISH AND WILDLIFE FOUNDATION ($50,232). 0 of them have funded it in more than one year.
- How many funders does RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE have?
- IRS filings report 2 organizations giving $75,232 in grants to RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE.
- Who is the largest funder of RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE?
- NATIONAL FISH AND WILDLIFE FOUNDATION is the largest funder on record, with $50,232 in grants. The full list of funders is on this page.
- How can an organization like RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Delaware. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing