Overview

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Est.

1985

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Madison Riverfront Development is a nonprofit organization focused on economic development, primarily providing funding for various business projects within its designated zone, including the Riverfront Development project. With an operating budget of $270K and total revenue of $388.1K for the 2024 filing year, the organization does not rely on a single funder for more than 50% of its revenue. Currently, it does not have a publicly accessible website.

Mission Statement

THE ORGANIZATION PROVIDES FUNDING TO SEVERAL BUSINESS PROJECTS LOCATED WITHIN THE ZONE AREA. THIS INCLUDES THE CURRENT PROJECT OF THE RIVERFRONT DEVELOPMENT.
Revenues
$388.1K
Expenses
$270K
Net Income:
+$118.1K
Assets
$275.3K
Liabilities
$234.2K
Net Assets:
+$41.1K
Operating Budget
$270K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$25K
Largest grant received
$25K
J
Jd Webster
Board Member
K
Kirk Grooms
Board Member
J
James D Pruett
Board Member

Frequently Asked Questions

What is MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT’s budget?
In 2024, MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT reported an annual operating budget of around $270 thousand. More detailed financial information is available to registered users.
What causes does MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT support?
MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT supports work in Economic development.
Where does MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT operate?
MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT is headquartered in Madison, IN.
Who funded MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT recently?
In 2024, MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT received grants from COMMUNITY FOUNDATION OF MADISON AND JEFFERSON COUNTY INC, ARVIN SANGO FOUNDATION, and COMMUNITY FOUNDATION OF MADISON AND JEFFERSON COUNTY INC. More information on this organization’s funders is available to registered users.
What is the largest grant MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT received in 2024?
The largest grant to MADISON RIVERFRONT DEVELOPMENT MADISON RIVERFRONT DEVELOPMENT in 2024 exceeds $25 thousand.