Rwbid Management Company

Organization Overview

Rwbid Management Company is located in Wilmington, DE. The organization was established in 2001. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Rwbid Management Company 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 12/2023, Rwbid Management Company generated $594.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $724.4k during the year ending 12/2023. While expenses have increased by 6.7% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MAINTENANCE AND SECURITY SERVICES FOR THE ENJOYMENT AND PROTECTION OF THE GENERAL PUBLIC AND TO IMPROVE NEIGHBORHOOD CONDITIONS IN THE WILMINGTON AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RWBID CONTINUES TO IMPROVE AND MAINTAIN THE PHYSICAL ENVIRONMENT AND PROVIDE FOR PUBLIC SAFETY AND SECURITY ALONG THE CHRISTINA RIVER IN WILMINGTON, DELAWARE.


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Board, Officers & Key Employees

Name (title)Compensation
Gregory Pettinaro
Chair
$0
Michael Hare
Board Member
$0
Megan Mcglinchey
Treasurer
$0
Scott Malfitano
Board Member
$0
Martha Manning
Board Member
$0
Robert Tracey
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$49,999
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$49,999
Total Program Service Revenue$543,242
Investment income $1,365
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $594,606

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