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Detroit Riverfront Conservancy INC

Public charityFed auditsIRS 990
Other · DETROIT, MI · EIN 30-0125283

About

The detroit riverfront conservancy (DRFC), is responsible for the establishment, improvement, operation, maintenance, security, programming and expansion of the detroit riverwalk and associated green spaces. Through its public/private partnerships, the DRFC will support the development of the riverfront district and facilitate community access to the waterfront.

Donations are tax-deductible
Category
Other
Employees
19
Volunteers
43

Financial Snapshot

FY ending 2024-12-31
Revenue
$38.9M
Expenses
$12.0M
Assets
$194.3M
Liabilities
$30.3M

Financial history

$45.8M$22.9M$0
161718192021222324
RevenueExpenses
Latest FY2024: $38.9M · Peak FY2023: $45.8M · Avg: $24.0M

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$25K
Grants Given
DETROIT RIVERFRONT CONSERVANCY INC
Your actions

Address

600 REN CTR STE 1720
Detroit, MI, 48243-000

Governance

Voting board members43
Independent members43
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %2.9%
Permanent endowment %91.1%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersNo
Retained by contractors$150K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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