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Filing year 2024

DOWNTOWN RIVERFRONT TRUST

Omaha, Nebraska·EIN 81-4619812·NTEE S12 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$398k
Total assets
$13.6M
Total expenses
$516k
Reported officers
7
Mission

DOWNTOWN RIVERFRONT TRUST, IN COLLABORATION WITH THE CITY OF OMAHA, THE METROPOLITAN ENTERTAINMENT & CONVENTION AUTHORITY (MECA) AND A RIVERFRONT REVITALIZATION COMMITTEE HAVE ASSUMED RESPONSIBILITY FOR THE PLANNING, DESIGN AND CONSTRUCTION OF THE NEW TRI-PARK COMPLEX ON THREE CITY OF OMAHA OWNED PROPERTIES CURRENTLY REFERRED TO AS LEWIS AND CLARK LANDING, HEARTLAND OF AMERICA PARK AND GENE LEAHY MALL. DRT IS RESPONSIBLE FOR SECURING PRIVATE DONATIONS FROM THE COMMUNITY TO FUND A PORTION OF THE DEVELOPMENT. MECA IS RESPONSIBLE FOR PAYING PROJECT EXPENSES AS WELL AS ACTIVATING, OPERATING AND MAINTAINING THE DEVELOPMENT. DUE TO THIS RELATIONSHIP, ALMOST ALL FUNDS RAISED BY DRT RELATING TO THIS PROJECT ARE SHOWN AS A GRANTS EXPENSE AND CONTRIBUTIONS PAYABLE TO MECA.

Reported officers (all unpaid)

No paid executives reported in 2024. DOWNTOWN RIVERFRONT TRUST reported 7 unpaid officers and board members on its 990.

Chairman
Director
Director
Director
President
Secretary
Treasurer
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at DOWNTOWN RIVERFRONT TRUST equaled 2% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
2%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

DOWNTOWN RIVERFRONT TRUST reported revenue and expenses across 2 filing years.

RevenueExpenses
$894k
$1M
2023
$398k
$516k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Nebraska

DOWNTOWN RIVERFRONT TRUST reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Nebraska earns a median of $70,692.

25th percentile
$35k
Median
$70,692
75th percentile
$113k
90th percentile
$185k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 94 organizations across 94 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for Nebraska

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FAQ

Common questions about DOWNTOWN RIVERFRONT TRUST

What are DOWNTOWN RIVERFRONT TRUST's revenue and expenses?

In 2024, DOWNTOWN RIVERFRONT TRUST reported $398k in total revenue and $516k in total expenses on its IRS Form 990.

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