Mission
TO BREAK THE BURDENS OF INTERGENERATIONAL POVERTY CAUSED BY STRUCTURAL RACISM BY WORKING ALONGSIDE THE COMMUNITY TO TRANSFORM NORTHEAST WILMINGTON'S HISTORIC RIVERSIDE NEIGHBORHOOD INTO A HEALTHY VIBRANT PLACE TO LIVE AND THRIVE.
Public Charity
REACH RIVERSIDE DEVELOPMENT CORP
Based in WILMINGTON, DE, REACH RIVERSIDE DEVELOPMENT CORP operates as a Public Charity. The organization reported $3.8M in revenue, $4.1M in expenses, $37.9M in total assets for fiscal year 2024. Imperigo tracks 16 reported grant relationships connected to this organization totaling approximately $7.9M.
EIN: 821401986
WILMINGTON, DE
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2024
Total Revenue$3.8M
Total Expenses$4.1M
Total Assets$37.9M
Grant Records16
Funding Total$7.9M
Filing Years2019–2024
Where $100 goes at Reach Riverside Development Corp
How Reach Riverside Development Corp divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$79
Programs
the work itself
$14
Management
running the organization
$7
Fundraising
raising the next dollar
Inside the $79 for programs
$79
As a member of the purpose built communities network, a nationally reowned organization dedicated to holistic community redevelopment, reach riverside focuses on the four pillars of revitalization shown…
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.
Sample Grants Received
GENERAL SUPPORT
$30,000
TO SUPPORT SCALING PLAN
$411,500
CAPACITY BUILDING
$25,000
UNRESTRICTED SUPPORT
$6,000
GENERAL OPERATING SUPPORT
$1,000,000
Showing up to 5 of 16 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bettina Tweardy Riveros
CHAIR
Charles S Mcdowell Esq
DIRECTOR
Chip Rossi
DIRECTOR
Daria Hubbard
CHIEF COMMUNITY INVESTMENT
David Ford
DIRECTOR
Dionna J Sargent
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.8M | $4.1M | $37.9M |
| 2023 | $10.3M | $5.1M | $38.0M |
| 2022 | $5.5M | $4.6M | $33.1M |
| 2020 | $4.5M | $2.2M | $4.9M |
| 2019 | $1.5M | $521K | $2.3M |
Between 2019 and 2024, reported annual revenue grew from $1.5M to $3.8M (+157%), with total assets most recently reported at $37.9M.
Interactive year-over-year charts and full filing details available with membership.