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.

EIN:
23-2690558
City:
State:
Website:
Phone:
215-309-5523
Facebook:
Twitter:
Founded:
1992
Type:
501(c)(3)
NTEE:
Revenue:
$5,358,138
Assets:
$9,138,716
Employees:
9
Fiscal year end:
June
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

Field2019
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

 NameTypeRevenueLocation
1Economic Development South501(c)(3)$1.6 millionPittsburgh, PA
2Griffiss Local Development Corporation501(c)(3)$3.2 millionRome, NY
3Downtown Toledo Development Corporation501(c)(3)$1.4 millionToledo, OH
4Fay-Penn Economic Development Council501(c)(3)$3.4 millionLemont Furnace, PA
5Altoona-Blair County Development Corporation (ABCD)501(c)(3)$4.2 millionAltoona, PA
6Rio Grande Community Development501(c)(3)$2.5 millionAlbuquerque, NM
7The Power Center501(c)(3)$1.5 millionHouston, TX
8Gainesville Economic Development Corporation501(c)(3)$1.7 millionGainesville, TX
9Biloxi Community Development Corporation501(c)(3)$1.8 millionBiloxi, MS
10Binghampton Development Corporation501(c)(3)$1.8 millionMemphis, TN
11Economic Development Corporation of New Haven501(c)(3)$2.2 millionNew Haven, CT
12Uptown Consortium501(c)(3)$6.9 millionCincinnati, OH
13Promise Development Corporation501(c)(3)$2.5 millionMemphis, TN
14Central Oklahoma Economic Development District (COEDD)501(c)(3)$3.5 millionShawnee, OK
15Northland Workforce Training Center501(c)(3)$3.4 millionBuffalo, NY
16Dorchester Bay Economic Development Corporation501(c)(3)$5.0 millionDorchester, MA
17H Street Community Development Corporation (HSCDC)501(c)(3)$1.4 millionWashington, DC
18Ho Chuck Community Development Corporation501(c)(3)$1.5 millionWinnebago, NE
19Main South Community Development Corporation501(c)(3)$1.8 millionWorcester, MA
20Lobo Development Corporation501(c)(3)$3.5 millionAlbuquerque, NM
21Central Detroit Christian (CDC)501(c)(3)$2.8 millionDetroit, MI
22Mohawk Valley EDGE (EDGE)501(c)(3)$16 millionRome, NY
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