EIN 23-2690558

Schuylkill River Development Corporation (SRDC)

IRS 501(c) type
501(c)(3)
Num. employees
6
Year formed
1992
Most recent tax filings
2022-06-01
Description
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.
Total revenues
$2,826,046
2022
Total expenses
$2,606,789
2022
Total assets
$9,834,379
2022
Num. employees
6
2022

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 tidal 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. During the year, the programming activities were somewhat reduced due to covid-19 concerns relating to crowds.
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. During the year, maintenance efforts continued but with a smaller number of volunteers due to covid-19 concerns.

Who funds Schuylkill River Development Corporation (SRDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
William Penn FoundationBartram's Mile Fishing Pier$750,000
William Penn FoundationChristian To Crescent Construction$500,000
University of Pennsylvania (Penn)Support Program Services$125,000
...and 12 more grants received

Personnel at SRDC

NameTitleCompensation
Joseph R SyrnickPresident and Chief Executive Officer$209,202
Brian KeechVice Chairman$0
Gerard H SweeneyChairman$0
Anne PapageorgeTreasurer$0
Jamie M GershkowSecretary$0
...and 3 more key personnel

Financials for SRDC

RevenuesFYE 06/2022
Total grants, contributions, etc.$2,771,826
Program services$4,007
Investment income and dividends$50,213
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$2,826,046

Form 990s for SRDC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-02-10990View PDF
2021-062022-01-19990View PDF
2020-062021-04-06990View PDF
2019-062020-09-04990View PDF
2018-062019-05-14990View PDF
...and 8 more Form 990s

Organizations like SRDC

OrganizationLocationRevenue
Delaware River City CorporationPhiladelphia, PA$1,145,332
The East Cut Community Benefit DistrictSan Francisco, CA$4,703,671
Snowy Mountain Development CorporationLewistown, MT$1,559,675
NeighborSpaceChicago, IL$2,071,186
Keep Louisiana BeautifulMandeville, LA$1,015,300
New York City Energy Efficiency CorporationNew York, NY$4,616,791
Bluegrass Regional Recycling Corporation (BRRC)Richmond, KY$2,852,290
Harbor DistrictMilwaukee, WI$790,285
Northern Shores Community DevelopmentHarbor Springs, MI$743,057
North Akron Community Development CorpAkron, OH$719,549
Data update history
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 2 new personnel
June 13, 2023
Used new vendors
Identified 1 new vendor, including
June 8, 2023
Updated personnel
Identified 4 new personnel
May 27, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsEnvironmental organizationsCharities
Issues
EnvironmentCommunity improvement
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donations
General information
Address
2401 Walnut St Suite 603
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
schuylkillbanks.org/ 
Phone
(215) 309-5523
Facebook page
SchuylkillBanks 
Twitter profile
@schuylkillbanks 
IRS details
EIN
23-2690558
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C50: Environmental Beautification and Open Spaces
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when SRDC has new information, or want to find more organizations like Schuylkill River Development Corporation (SRDC)?

Create free Cause IQ account