Cause IQ organization profile

Schuylkill River Development Corporation (SRDC)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

SRDC is a urban development organization based in Philadelphia, PA that was founded in 1992. As of 2019 they had $5.3 million in revenue and $9.1 million in assets.

SRDC envisions the continued transformation of Schuylkill Banks, the 8-mile tidal Schuylkill corridor between the Fairmount Dam and the Delaware River, into Philadelphia's premier riverfront destination.

Fiscal year end:
Revenue trends:
Asset trends:

Program areas at SRDC

Capital projects - goal is to promote the creation of a public park, trail and greenway along the banks of the Schuylkill River in the city of philadelphia and to assist in the upkeep of such park, thereby lessening the burden of city government and promoting economic Development of adjacent land.

Community programming - another srdc goal is to enliven Schuylkill banks and strengthen neighborhood connections by creating attractions and destinations along the trail and greenway. This is done partially through public programming, such as outdoor movies, River tours and other special events. These activities create a desire to be on the banks and to enjoy the amenities provided.

Maintenance program - srdc has an agreement with philadelphia parks and recreation to share maintenance responsibility for Schuylkill banks. This public-private partnership lessens the burden on government and increases the level of upkeep on Schuylkill banks. This in turn makes the site more attractive and valuable from a quality of life standpoint.

Form 990s for SRDC

Fiscal year endingDate received by IRSFormPDF link
2019-06Sep 4, 2020990View PDF
2018-06May 14, 2019990View PDF
2017-06May 14, 2018990View PDF
2016-06Aug 18, 2017990View PDF
2015-06Jul 25, 2016990View PDF
...and five more Form 990 PDFs

Financials for SRDC

Total grants, contributions, etc.$5,273,484
Program services$2,006
Investment income and dividends$82,648
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,358,138

Vendors for SRDC

VendorServicesAmount paidDate
BBD LLPTax accounting2020-09-04
██████Content management system software2020-03-02
██████Fundraising software; Payment processing2020-03-02
████████████████Marketing software2020-03-02
███ █████ ███General Trail Construction$896,4502019-06-01
███████ ██████████ ███Architecture Engineering Services$221,7972019-06-01
██████████ ███Trail Improvements$135,9392019-06-01
█████ ██████████ ████████Engineering Services$633,5092019-06-01

Personnel at SRDC

NameTitleCompensationMost recent data
Joseph SyrnickPresident and Chief Executive Officer$203,108Sept. 4, 2020
Lane B. FikeDirector of Capital Programs$104,412June 30, 2018
█████ █████Vice Chairman$0June 30, 2019
█████ █ ████████Secretary$0June 30, 2019
████ ██████████Treasurer$0June 30, 2019
██████ █ ███████Chairman$0June 30, 2019
█████ █ █████Vice Chairman$0June 30, 2018
████ ███████ █████Secretary$0June 30, 2017
█████ ██████Vice Chairman$0June 30, 2015
...and one more key personnel

Peer urban development organizations

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23Omaha Economic Development Corporation (OEDC)501(c)(3)$4.4 millionOmaha, NE
24Riley Area Development Corporation501(c)(3)$1.5 millionIndianapolis, IN
25Columbus Downtown Development Corporation (CDDC)501(c)(3)$5.4 millionColumbus, OH