Riverworks
- Assets
- $149.7k
- Revenue
- $711.6k
- Investments
- $0.0
- Employees
- 19
- Location
- Rockford, MN
- Founding
- 06/2009
- Data as of
- 05/2022
- EIN
- 26-4143579
Organization Overview
Riverworks is located in Rockford, MN. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 05/2022, Riverworks employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverworks is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2022, Riverworks generated $711.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $785.8k during the year ending 05/2022. While expenses have increased by 10.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ALIGN AND MOBILIZE COMMUNITY RESOURCES TO DELIVER POWERFUL SOLUTIONS TO MEET NEEDS OF PEOPLE CONNECTED WITH THE ROCKFORD/GREENFIELD AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RIVERWORKS THRIFTSTORE OPENED IN JANUARY 2012 AT THE ROCKFORD MALL LOCATED AT 8900 WLANUT DRIVE. IN MARCH OF 2017 THE STORE RELOCATED TO THE GREENFIELD MALL AT 7955 HIGHWAY 55. THE STORE SELLS CLOTHING, FURNITURE, KITCHEN AND HOUSEWARES, TOYS, BOOKS AND MORE. ALL PRODUCTS ARE PRICED REASONABLY AND AT TIMES GIVEN FREE TO FAMILIES WHO HAVE A NEED. ALL PROCEEDS GO BACK INTO THE COMMUNITY THROUGH CURRENT RIVERWORKS PROGRAMS. THE STORE HAS ONE FULL-TIME AND SEVEN PART-TIME EMPLOYEES.
FOOD SHELF OPENED IN MARCH OF 2010 AT 8230 CEDAR STREET, ROCKFORD, MN. IN 2021 - 2022 THE FOOD SHELF DISTRIBUTED 134,375 POUNDS OF FOOD TO 1,155 HOUSEHOLDS. THE FOODSHELF HAS ONE FULL-TIME EMPLOYEE.
COMMUNITY BUILDING EVENTS AND PROGRAMS INCLUDE THOUSAND HEARTS CROW RIVER SERVE, LUNCH BOX EXPRESS, GOOD EATS BY RIVERWORKS, GOLDEN NEIGHBORS LUNCH CLUB, CROW RIVER CHRISTMAS & NATIONAL NIGHT OUT. THESE PROJECTS ARE DONE FOR THE SOLE PURPOSE OF BRINGING THE COMMUNITY TOGETHER AND TO IDENTIFY AND PROVIDE SERVICES WHERE NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Kesanen Executive Di | OfficerTrustee | 32 | $41,891 |
Mike Dickman Treasurer | OfficerTrustee | 5 | $0 |
Brian Howe Chairperson | OfficerTrustee | 5 | $0 |
Daryl Macclain Vice-Chairpe | OfficerTrustee | 1 | $0 |
Jen Olson Secretary | OfficerTrustee | 1 | $0 |
Trent Shipley Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,503 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $497,922 |
| Noncash contributions included in lines 1a–1f | $289,560 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $566,425 |
| Total Program Service Revenue | $222,372 |
| Investment income | $598 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$77,810 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $711,585 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,885 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,615 |
| Payroll taxes | $62,149 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,625 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,863 |
| Advertising and promotion | $15,179 |
| Office expenses | $11,303 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $129,186 |
| Travel | $3,380 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,669 |
| All other expenses | $6,521 |
| Total functional expenses | $785,760 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,595 |
| Net Land, buildings, and equipment | $32,481 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $149,691 |
| Accounts payable and accrued expenses | $4,574 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,574 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $145,117 |
| Total liabilities and net assets/fund balances | $149,691 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Riverworks has recieved totaling $23,000.
| Awarding Organization | Amount |
|---|---|
Minnesota Masonic Charities Bloomington, MN PURPOSE: FOOD SHELF PROGRAM | $23,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Industries Of North Central Wisc Inc Menasha, WI | $88,771,633 | $81,283,932 |
Catholic Charities Of The Archdiocese Of St Paul & Mpls St Paul, MN | $180,924,652 | $74,331,650 |
Hawkeye Area Community Action Program Inc Hiawatha, IA | $14,892,193 | $63,434,127 |
Community Advocates Inc Milwaukee, WI | $18,692,383 | $54,333,478 |
Lutheran Social Services Of Wisconsin And Upper Michigan West Allis, WI | $89,212,422 | $59,977,625 |
South Metro Human Services St Paul, MN | $24,939,611 | $41,757,961 |
Parents In Community Action Minneapolis, MN | $14,134,015 | $37,230,373 |
Innovative Services Inc Green Bay, WI | $4,761,789 | $25,201,501 |
Lutheran Social Services Of South Dakota Sioux Falls, SD | $22,221,819 | $25,937,236 |
Project For Pride In Living Inc Minneapolis, MN | $29,922,760 | $30,071,909 |
Inter-Lakes Community Action Partnership Inc Madison, SD | $10,023,464 | $21,798,461 |
Catholic Charities Of The Diocese Of St Cloud St Cloud, MN | $15,523,133 | $20,074,695 |