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Filing year 2024

RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE

Wilmington, Delaware·EIN 51-0373101·NTEE S300 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$6M
Total assets
$144.8M
Total expenses
$14M
Reported officers
29
Mission

THE MISSION OF THE RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE IS TO CREATE ECONOMIC VITALITY ALONG THE BRANDYWINE AND CHRISTINA RIVERS, ENHANCE THE ENVIRONMENT, ENCOURAGE HISTORIC PRESERVATION, AND PROMOTE COMMUNITY ACCESS. THROUGH TARGETED AND LEVERAGED INVESTMENTS, RDC WILL CREATE EMPLOYMENT AND RESIDENTIAL DEVELOPMENT WHILE PROMOTING EDUCATION, THE ARTS, CREATION AND TOURISM.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Executive Director
10th to 25th percentile
$41k
$44k
Director of Operations
10th to 25th percentile
$38k
$40k
Comptroller
Controller
Below 10th percentile
$31k
$33k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 26 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE equaled 0.3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
0.3%
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.

Fell 77%
over 2 years

From $179k in 2022 to $41k in 2024.

$179k
2022
$34k
2023
$41k
2024
In today's dollarsEst.
Down 79% in real terms$209k to $44k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 77% from 2022 to 2024, while revenue rose 65%.

$179k in 2022 to $41k in 2024.
  • Controller pay fell 77% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE

What does the Chief Executive Officer of RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE earn?

In 2024, the Chief Executive Officer of RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE received $40,718 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Community Improvement & Capacity Building organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Chief Executive Officer at RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE falls between the 10th and 25th percentiles. In 2024, the highest total compensation at RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE equaled 0.3% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE's revenue and expenses?

In 2024, RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE reported $6M in total revenue and $14M in total expenses on its IRS Form 990.

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