Public Charity

DOWNTOWN RIVERFRONT TRUST

DOWNTOWN RIVERFRONT TRUST, of OMAHA, NE, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $398K in revenue, $516K in expenses, $13.6M in total assets. 20 publicly reported grants to this organization, totaling roughly $16.4M, appear in IRS filings.

EIN: 814619812 OMAHA, NE Fund Raising & Fund Distribution NTEE: S12 Latest filing: 2024
Total Revenue$398K
Total Expenses$516K
Total Assets$13.6M
Grant Records20
Funding Total$16.4M
Filing Years2020–2024

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.

Where $100 goes at Downtown Riverfront Trust

How Downtown Riverfront Trust divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
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…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY Dan Waters
DIRECTOR Jack Koraleski
CHAIRMAN Kenneth Stinson
DIRECTOR Mogens C Bay
PRESIDENT Rachel Jacobson
TREASURER Ranae Keckeisen

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$9,976,126 15 grants
Economic Development
$6,400,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2024 $398K $516K $13.6M
2023 $894K $1.0M $20.9M
2022 $3.7M $4.0M $78.1M
2021 $28.9M $29.0M $158.8M
2020 $37.0M $37.3M $158.3M

Between 2020 and 2024, reported annual revenue declined from $37.0M to $398K (-99%), with total assets most recently reported at $13.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for DOWNTOWN RIVERFRONT TRUST

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