EXECUTIVE DIRECTOR

2011-11-07T08:53:13-06:00 2011-06-30 ROWLAND JOHNSON & COMPANY PA 2 READS WAY SUITE 100 NEW CASTLE DE 19720 990 2010-07-01 510373101 RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE RIVE 3024254890 815 JUSTISON STREET WILMINGTON DE 19801 MICHAEL S PURZYCKI EXECUTIVE DIRECTOR 3024254890 2011-11-07 1 DANIELLE VANDERWERF 3023240780 2011-11-01 2010 2016-03-07 17:11:31Z MICHAEL S PURZYCKI 815 JUSTISON STREET WILMINGTON DE 19801 3118815 0 X WWW.RIVERFRONTWILM.COM X 1996 DE THE MISSION OF THE RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE IS TO CREATE ECONOMIC VITALITY ALONG THE BRANDYWINE AND CHRISTINA RIVERS, ENHANCE THE ENVIRONMENT, ENCOURAGE HISTORIC PRESERVATION, AND PROMOTE COMMUNITY ACCESS. 15 15 16 15 0 0 162055 15958 1743453 1717105 110854 -1589 204049 897108 2220411 2628582 4247880 0 0 0 951744 1011957 0 0 0 10112571 8336357 15312195 9348314 -13091784 -6719732 132759989 127267729 19194976 17991266 113565013 109276463 X THE MISSION OF THE RIVERFRONT DEVELOPMENT CORPORATION OF DELAWARE IS TO CREATE ECONOMIC VITALITY ALONG THE BRANDYWINE AND CHRISTINA RIVERS, ENHANCE THE ENVIRONMENT, ENCOURAGE HISTORIC PRESERVATION, AND PROMOTE COMMUNITY ACCESS. 0 0 2230734 1074222 EXPENSES RELATED TO THE OPERATION OF A CONFERENCE CENTER WHICH DRAWS OVER 150,000 PEOPLE ANNUALLY TO A PREVIOUSLY RUN DOWN AREA. THE CENTER HAS CREATED 60 FULL TIME JOBS PLUS SEASONAL POSITIONS 634354 777686 EXPENSES RELATED TO THE DEVELOPMENT, IMPROVEMENT, AND RENTAL OF COMMERCIAL REAL ESTATE, INCLUDING THE CORPORATE OFFICES OF A MAJOR EMPLOYER 5439096 762305 VARIOUS OTHER PROGRAMS FOR THE PURPOSE OF PROMOTING DEVELOPMENT OF THE RIVERFRONT AREA INCLUDING MAINTENANCE OF THE RIVERWALK WHICH IS AN AESTHETIC WALKWAY WHICH CONNECTS THE RIVERFRONT ATTRACTIONS. 367218 OPERATION OF THE DUPONT ENVIRONMENTAL EDUCATION CENTER. THE CENTER PROVIDES ENVIRONMENTAL EDUCATION PROGRAMS FOR INDIVIDUALS, FAMILIES, SCHOOLS AND GROUPS, AND ALSO MARSH, RIVER AND WILDLIFE INTERPRETATION TO VISITORS. THE CENTER SERVED APPROXIMATELY 26,000 VISITORS DURING THE YEAR 367218 8671402 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 16 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DE X RIVERFRONT DEVELOPMENT CORP OF DEL 3024254890 815 JUSTISON STREET WILMINGTON DE 19801 DESMOND A BAKER BOARD OF DIRECTORS 1.00 X 0 0 0 HON JAMES M BAKER BOARD OF DIRECTORS 1.00 X 0 0 0 HON PATRICIA M BLEVINS BOARD OF DIRECTORS 1.00 X 0 0 0 HON PAUL CLARK BOARD OF DIRECTORS 1.00 X 0 0 0 ROBERT VA HARRA JR BOARD OF DIRECTORS 1.00 X 0 0 0 MARVIN P THOMAS BOARD OF DIRECTORS 1.00 X 0 0 0 PEGGY STRINE BOARD OF DIRECTORS 1.00 X 0 0 0 REP HELENE M KEELEY BOARD OF DIRECTORS 1.00 X 0 0 0 HON NORMAN GRIFFITHS BOARD OF DIRECTORS 1.00 X 0 0 0 MARGARET M HANNUM BOARD OF DIRECTORS 1.00 X 0 0 0 HON DENNIS P WILLIAMS BOARD OF DIRECTORS 1.00 X 0 0 0 HON ANTHONY DELUCA BOARD OF DIRECTORS 1.00 X 0 0 0 HON JEFFREY BULLOCK BOARD OF DIRECTORS 1.00 X 0 0 0 MR DONALD HUTCHINSON BOARD OF DIRECTORS 1.00 X 0 0 0 MR JOSEPH DIPINTO BOARD OF DIRECTORS 1.00 X 0 0 0 MICHAEL S PURZYCKI EXEC DIRECTOR 40.00 X X 146059 0 27228 146059 0 27228 1 0 1 0 DELAWARE NATURE SOCIETY PO BOX 700 HOCKESSIN DE 19707 CONTRACT SERVICES 246611 PETTINARO CONSTRUCTION CO INC 234 N JAMES STREET NEWPORT DE 19804 CONSTRUCTION 243381 GREEN DREAMS 700 HERCULES ROAD WILMINGTON DE 19808 LANDSCAPE SERVICE 174643 MONZACK MERSKY MCLAUGHLIN AND BROWDER 1201 N ORANGE STREET SUIT 400 WILMINGTON DE 19899 LEGAL SERVICES 109324 ALLIED BARTON SECURITY PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 108366 5 15958 15958 RENTAL INCOME 531120 877686 877686 CONFERENCE CTR FOOD AN 722320 519647 519647 CONFERENCE CENTER INCO 900099 254575 254575 PARK INCOME 900099 44055 44055 CHRISTINA RIVERBOAT IN 900099 21142 21142 1717105 88644 88644 400000 490233 -90233 -90233 -90233 ENVIRONMENTAL REMEDIAT 900099 600000 600000 QUALIFIED SPONSORSHIP 900099 200000 200000 MISCELLANEOUS INCOME 900099 97108 97108 897108 2628582 2614213 0 -1589 146059 146059 617696 444793 172903 47098 24020 23078 141536 72181 69355 59568 34290 25278 112892 110898 1994 24150 24150 7198 7198 93220 62617 30603 28893 3688 25205 35792 2302 33490 6938 6938 837129 837129 5278716 5278716 109291 57798 51493 REPAIRS AND MAINTENANCE 568996 568996 UTILITIES 390301 348931 41370 DEEC CONTRACT 245000 245000 SECURITY 173824 173824 CONFERENCE CENTER EXPEN 156352 156352 267665 249867 17798 9348314 8671402 676912 0 100347 134508 170465 116677 210533 96353 1495990 1055816 49587 33552 162383803 38378630 128641635 124005173 2091432 1817176 8474 132759989 127267729 817122 679412 65854 59854 17660000 17250000 650000 2000 2000 19194976 17991266 X 0 0 0 0 113565013 109276463 113565013 109276463 132759989 127267729 X -6719732 2431182 X X 0 1 1 X 0 X 1200 1550000 248000 162055 15958 1977213 1200 1550000 248000 162055 15958 1977213 421082 1556131 597718 891428 380032 110854 88644 2068676 250000 250000 250000 200000 200000 1150000 5195889 0.29950 0.28620 X THE ORGANIZATION MEETS THE FACTS AND CIRCUMSTANCES TEST AS FOLLOWS: THE ORGANIZATION HAS A BONAFIDE AND CONTINUOUS PROGRAM FOR SOLICITATION OF FUNDS FROM THE STATE OF DE, AND SUBMITS A FORMAL WRITTEN REQUEST FOR FUNDING UNDER THE STATE BOND BILL EVERY YEAR. THE ORGANIZATION ALSO SOLICITS CONTRIBUTIONS FROM THE PUBLIC, INCLUDING CORPORATIONS, INDIVIDUALS, AND OTHER 501C3 ORGANIZATIONS. THE GOVERNING BODY REPRESENTS THE BROAD INTERESTS OF THE PUBLIC AND INCLUDES MEMBERS OF BOTH STATE AND LOCAL GOVERNMENT AS WELL AS MEMBERS FROM THE PUBLIC WHO HAVE ECONOMIC DEVELOPMENT EXPERTISE. THE RDC PROVIDES FACILITIES AND SERVICES FOR THE DIRECT BENEFIT OF THE PUBLIC INCLUDING OPERATION OF A CONFERENCE CENTER THAT DRAWS THE PUBLIC TO VARIOUS CULTURAL AND CIVIC EVENTS, AND MAINTENANCE AND DEVELOPMENT OF A RIVERWALK AND OTHER PUBLIC INFRASTRUCTURE IN AND AROUND THE WILMINGTON RIVERFRONT AREA. 16451030 16451030 53910640 9792660 44117980 981064 621644 359420 91041069 27964326 63076743 124005173 SECURITY DEPOSITS 2000 2000 2628582 9348314 -6719732 2431182 2431182 -4288550 2628582 0 2628582 0 2628582 9348314 0 9348314 0 9348314 PART XI, LINE 8 - OTHER ADJUSTMENTS: TRANSFER IN FROM PRIMARY GOVERNMENT 2431182. X X 0 0 0 0 0 0 0 0 0 MICHAEL S PURZYCKI 146059 0 0 0 0 0 0 0 27228 0 173287 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 FORM 990 WILL BE REVIEWED BY THE AUDIT COMMITTEE AS WELL AS THE COMPTROLLER PRIOR TO ITS FILING FORM 990, PART VI, SECTION B, LINE 12C ALL MAJOR CONTRACTS ARE APPROVED BY BOARD. NO CONTRACTS ARE ENGAGED IN WITH BOARD MEMBERS, ETC. ALSO BOARD MEMBERS AND KEY OFFICIALS SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 ESTABLISHED BY PERSONNEL COMPENSATION COMMITTEE. REVIEW AND APPROVAL BY GOVERNING BOARD OR COMPENSATION COMMITTEE, PROVIDED THE KEY PERSON IS NOT INVOLVED AND USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. AND ALSO, CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: TRANSFER IN FROM PRIMARY GOVERNMENT 2431182. TOTAL TO FORM 990, PART XI, LINE 5: 2431182. AUDIT OVERSIGHT FORM 990 PART XII LINE 2C THE ORGANIZATIONS AUDIT COMMITTEE OVERSEES THE ANNUAL AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.