SCHUYLKILL RIVER DEVELOPMENT CORPORATION

PHILADELPHIA, PA, 19103-4222 (215) 222-6030 Est. 1992 EIN 23-2690558

S20Z— Community Improvement Form 990 501(c)(3)

WWW.SCHUYLKILLBANKS.ORG

Mission

SRDC IS REVITALIZING PHILADELPHIA'S TIDAL SCHUYLKILL RIVER CORRIDOR INTO AN ASSET THAT CONNECTS NEIGHBORHOODS AND ENCOURAGES INVESTMENT. WORKING WITH THE CITY AND STAKEHOLDERS TO BUILD, MAINTAIN, AND PROGRAM SCHUYLKILL BANKS, SRDC DRIVES IMPROVEMENTS IN RECREATION AND TRANSPORTATION, COMMUNITY AND ECONOMIC DEVELOPMENT, PUBLIC HEALTH, AND ENVIRONMENTAL STEWARDSHIP, BENEFITING NEIGHBORS, PHILADELPHIA AND THE REGION.

Financials

Total Revenue

$2,082,403

Total Expenses

$1,705,111

Net Assets

$9,382,240

5 employees 810 volunteers

From latest filing (tax period ending 2024-06-30)

Financial Health

Operating Reserve

5.5 years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 11.0%

Expenses ↓ 44.5%

Revenue Sources

Contributions 87.2% Earned revenue 0.2% Investment 12.6%

Expense Breakdown

Program 72.5% Management 16.2% Fundraising 11.3%

Officers & Key Employees (28)

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Grants Received (18)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$2,082,403 ↓	$1,705,111	$9,382,240
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$2,338,721 ↓	$3,069,841	$8,859,978
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$2,826,046 ↓	$2,606,789	$9,508,164
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$6,965,044 ↑	$6,767,239	$9,465,537
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$5,202,918 ↑	$4,526,328	$9,094,943
2017 Form 990 Jul 1, 2017 to Jun 30, 2018	$4,653,514	$4,481,269	$6,449,364