Overview
What is Institute For Economic Development?
The Institute for Economic Development, operating under the name Riverfront Alliance of Delaware County (RADC), is a collaborative initiative comprising private corporations and non-profit organizations. Their primary mission is to combat the socio-economic challenges stemming from disinvestment in the community, with a specific focus on revitalizing the Chester waterfront. To achieve this goal, RADC implements a variety of innovative economic development programs and activities, including exterior improvements and camera installations on homes, as demonstrated in the Nova Vista and Irvington Hills neighborhoods. Additionally, RADC has secured funding for similar projects in other underserved areas, such as the West End of Chester. The organization's work is supported by various grants and funding sources, including the Foundation for Delaware County, TD Bank Charitable Foundation, WSFS Bank, and Caesar's Foundation.
Official website here: www.delcoriverfront.com
Is Institute For Economic Development legitimate?
Institute For Economic Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Economic Development submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Official website here: www.delcoriverfront.com
What is the mission statement of Institute For Economic Development?
The Institute for Economic Development, often referred to as the Riverfront Alliance of Delaware County (RADC), is a collaboration of private sector corporations and non-profit institutions. Their mission is centered around countering the social and economic challenges that arise from disinvestment in their community. Specifically, RADC is committed to implementing a mix of innovative economic development programs and activities, aimed at physically, economically, and socially revitalizing the city of Chester. Their primary focus is on promoting the development of the Delaware County waterfront.
Official website here: www.delcoriverfront.com
Who is the CEO of Institute For Economic Development?
Lisa Gaffney is the Chair/President of Institute For Economic Development.
Official website here: www.delcoriverfront.com
What is the revenue of Institute For Economic Development?
Institute For Economic Development's revenue in 2022 was $960,990.
Official website here: www.delcoriverfront.com
Who are the executives of Institute For Economic Development and what are their salaries?
- Tom Shoemaker (Chair/President) [Trustee/Director]
- Chris Albrecht (Vice Chair/Vice President) [Trustee/Director]
- Tim Mcdermott (Secretary) [Trustee/Director]
- Gerald Miller (Treasurer) [Trustee/Director]
- Sonia Butler (Director)
- Jon Cohn (Director)
- Vince Del Rossi (Director)
- Steven Fischer (Director)
- Michael Harrington (Director)
- Adam Kaliner (Director)
- Dave Krupiak (Director As Of Apr 2022)
- Julia Lee (Director)
- Joanne Mcfall (Director)
- Dan Murphy (Director)
- Frances Sheehan (Director)
- Jeffrey K Warmann (Director)
- Robert Willert (Director)
- Dr Julie Wollman (Director)
- Paul Casbergue (Director Dec 2021 - Mar 2022)
- Michael Curran (Director To Dec 2021)
- Robert Judge (Director To Apr 2022)
Official website here: www.delcoriverfront.com
Where can I find the form 990 for Institute For Economic Development?
The Institute For Economic Development’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.delcoriverfront.com
Learn more at the official website: www.delcoriverfront.com
Mission Statement of Institute For Economic Development
The Institute for Economic Development, often referred to as Riverfront Alliance of Delaware County (RADC), is a collective of private sector corporations and non-profit institutions. Their mission is to counteract the social and economic challenges arising from disinvestment in their community. This consortium is particularly committed to implementing a diverse range of innovative economic development programs and activities, focusing on the physical, economic, and social revitalization of the city of Chester. Within this broader context, the Institute for Economic Development is dedicated to promoting the development of Delaware County's waterfront, aiming to foster a more prosperous and vibrant community.
Impact
This information is meant to be a general summary of Institute For Economic Development. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Institute for Economic Development, also known as the Riverfront Alliance of Delaware County (RADC), has made a significant impact on the city of Chester, PA. Through partnerships with organizations like the Chester Community Improvement Project (CCIP), RADC has implemented programs aimed at promoting the development of the Delaware County waterfront and revitalizing housing and neighborhoods in the area.
Funding from various sources such as the Foundation for Delaware County, TD Bank Charitable Foundation, WSFS Bank, and Caesar's Foundation has allowed RADC and CCIP to complete exterior improvements and camera installations on 33 homes in neighborhoods like Nova Vista and Irvington Hills. This initiative has helped stabilize these middle-income neighborhoods and complemented the construction of new homes in the area.
Additionally, RADC and CCIP have secured funding for similar projects in other areas of Chester, such as near 9th & Central Avenue on the West End. These projects aim to support homeowners in need of exterior repairs and contribute to the overall social and economic revitalization of the community.
Overall, the Institute for Economic Development's efforts, in collaboration with various partners, have had a tangible impact on improving housing conditions, enhancing neighborhood aesthetics, and fostering a sense of community in Chester, PA. Through their targeted economic development programs, RADC is actively working to counter the effects of disinvestment and create a more vibrant and sustainable future for the city.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$104,600
Organization Details
Founding Year
1996
Phone
(610) 447-7861
Principal Officer
Lisa Gaffney
Main Address
PO BOX 782, CHESTER, PA, 19016
Website
www.delcoriverfront.com
NTEE Category
Code: S30 - Community improvement
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