Rittenhouse Row is located in Penn Valley, PA. The organization was established in 1998. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rittenhouse Row is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Rittenhouse Row generated $153.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $124.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE PUBLIC RELATIONS, ADVERTISING AND GOVERNMENTAL AFFAIRS SUPPORT TO LOCAL BUSINESSES LOCATED WITHIN THE UPTOWN AREA OF CENTER CITY, PHILADELPHIA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Corie Moskow Executive Director | 30 | $60,000 | |
Larry Steinberg President | 1 | $0 | |
Lori Coopersmith Secretary | 1 | $0 | |
Patrick Mullen Treasurer | 1 | $0 | |
Reg Archambault Director | 1 | $0 | |
Sal D'angelo Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $102,197 |
Membership dues | $50,900 |
Investment income | $24 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $153,121 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $60,000 |
Professional fees and other payments to independent contractors | $9,910 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $54,606 |
Total expenses | $124,516 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,097 |
Other assets | $0 |
Total assets | $45,097 |
Total liabilities | $99,350 |
Net assets or fund balances | -$54,253 |