STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

SCHUYLKILL RIVER DEVELOPMENT CORPORATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SCHUYLKILL RIVER DEVELOPMENT CORPORATION (EIN 23-2690558)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-02-10
IRS object ID
202330419349300148
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-10T12:04:43-06:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN232896692PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BBD LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11835 MARKET STREET 3RD FLOORAddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN232690558EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SCHUYLKILL RIVER DEVELOPMENT CORPORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSCHUBusinessNameControlTxt
Phone2153095523PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12401 WALNUT STREET SUITE 603AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH R SYRNICKPersonNm
Person TitlePRESIDENT/CEOPersonTitleTxt
Phone2153095523PhoneNum
Signature2023-02-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEPHPersonFirstNm
Person LastSYRNICKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNIFER SOLOTPreparerPersonNm
PTINP00749373PTIN
Phone2155677770PhoneNum
Preparation2023-02-03PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOSEPH R SYRNICKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12401 WALNUT STREET SUITE 603AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,826,046GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SCHUYLKILLBANKS.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1992FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionREVITALIZE SCHUYLKILL RIVER CORRIDOR TO CONNECT NEIGHBORHOODS AND ENCOURAGE INVESTMENT.ActivityOrMissionDesc
Voting Members Governing Body26VotingMembersGoverningBodyCnt
Voting Members Independent26VotingMembersIndependentCnt
Total Employee6TotalEmployeeCnt
Total Volunteers700TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,892,992PYContributionsGrantsAmt
CY Contributions Grants$2,771,826CYContributionsGrantsAmt
PY Program Service Revenue$2,154PYProgramServiceRevenueAmt
CY Program Service Revenue$4,007CYProgramServiceRevenueAmt
PY Investment Income$69,898PYInvestmentIncomeAmt
CY Investment Income$50,213CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,965,044PYTotalRevenueAmt
CY Total Revenue$2,826,046CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$646,966PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$674,322CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$179,135CYTotalFundraisingExpenseAmt
PY Other Expenses$6,120,273PYOtherExpensesAmt
CY Other Expenses$1,932,467CYOtherExpensesAmt
PY Total Expenses$6,767,239PYTotalExpensesAmt
CY Total Expenses$2,606,789CYTotalExpensesAmt
PY Revenues Less Expenses$197,805PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$219,257CYRevenuesLessExpensesAmt
Total Assets BOY$9,926,359TotalAssetsBOYAmt
Total Assets EOY$9,834,379TotalAssetsEOYAmt
Total Liabilities BOY$460,822TotalLiabilitiesBOYAmt
Total Liabilities EOY$326,215TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,465,537NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$9,508,164NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSRDC IS REVITALIZING PHILADELPHIA'S TIDAL SCHUYLKILL RIVER CORRIDOR INTO AN ASSET THAT CONNECTS NEIGHBORHOODS AND ENCOURAGES INVESTMENT. WORKING WITH THE CITY AND STAKEHOLDERS TO BUILD, MAINTAIN, AND PROGRAM SCHUYLKILL BANKS, SRDC DRIVES IMPROVEMENTS IN (CONTINUED ON SCH O) RECREATION AND TRANSPORTATION, COMMUNITY AND ECONOMIC DEVELOPMENT, PUBLIC HEALTH, AND ENVIRONMENTAL STEWARDSHIP, BENEFITING NEIGHBORS, PHILADELPHIA AND THE REGION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,129,998ExpenseAmt
DescCAPITAL PROJECTS - GOAL IS TO PROMOTE THE CREATION OF A PUBLIC PARK, TRAIL AND GREENWAY ALONG THE BANKS OF THE SCHUYLKILL TIDAL RIVER IN THE CITY OF PHILADELPHIA AND TO ASSIST IN THE UPKEEP OF SUCH PARK, THEREBY LESSENING THE BURDEN OF CITY GOVERNMENT AND PROMOTING ECONOMIC DEVELOPMENT OF ADJACENT LAND.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$51,571ExpenseAmt
DescMAINTENANCE PROGRAM - SRDC HAS AN AGREEMENT WITH PHILADELPHIA PARKS AND RECREATION TO SHARE MAINTENANCE RESPONSIBILITY FOR SCHUYLKILL BANKS. THIS PUBLIC-PRIVATE PARTNERSHIP LESSENS THE BURDEN ON GOVERNMENT AND INCREASES THE LEVEL OF UPKEEP ON SCHUYLKILL BANKS. THIS IN TURN MAKES THE SITE MORE ATTRACTIVE AND VALUABLE FROM A QUALITY OF LIFE STANDPOINT. DURING THE YEAR, MAINTENANCE EFFORTS CONTINUED BUT WITH A SMALLER NUMBER OF VOLUNTEERS DUE TO COVID-19 CONCERNS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$18,822ExpenseAmt
Revenue$4,007RevenueAmt
DescCOMMUNITY PROGRAMMING - ANOTHER SRDC GOAL IS TO ENLIVEN SCHUYLKILL BANKS AND STRENGTHEN NEIGHBORHOOD CONNECTIONS BY CREATING ATTRACTIONS AND DESTINATIONS ALONG THE TRAIL AND GREENWAY. THIS IS DONE PARTIALLY THROUGH PUBLIC PROGRAMMING, SUCH AS OUTDOOR MOVIES, RIVER TOURS AND OTHER SPECIAL EVENTS. THESE ACTIVITIES CREATE A DESIRE TO BE ON THE BANKS AND TO ENJOY THE AMENITIES PROVIDED. DURING THE YEAR, THE PROGRAMMING ACTIVITIES WERE SOMEWHAT REDUCED DUE TO COVID-19 CONCERNS RELATING TO CROWDS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,200,391TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document14IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee6EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members26GoverningBodyVotingMembersCnt
Independent Voting Member26IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2153095523PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12401 WALNUT STREET SUITE 603AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GERARD H SWEENEY
CHAIRMAN1.50Yes (X)Yes (X)$0$0$0
BRIAN KEECH
VICE CHAIRMAN1.00Yes (X)Yes (X)$0$0$0
ANNE PAPAGEORGE
TREASURER1.00Yes (X)Yes (X)$0$0$0
MARC J ARMSTRONG
BOARD MEMBER0.50Yes (X)$0$0$0
MADELINE BELL
BOARD MEMBER0.50Yes (X)$0$0$0
JACLYN BLISS
BOARD MEMBER0.50Yes (X)$0$0$0
KATHY CACCIOLA
BOARD MEMBER0.50Yes (X)$0$0$0
MICHAEL CARROLL PE
BOARD MEMBER0.50Yes (X)$0$0$0
SCOTT COOPER
BOARD MEMBER0.50Yes (X)$0$0$0
DAVID CUFF
BOARD MEMBER0.50Yes (X)$0$0$0
PASQUALE T DEON
BOARD MEMBER0.50Yes (X)$0$0$0
ANNE FADULLON
BOARD MEMBER0.50Yes (X)$0$0$0
GREGORY J GATTA
BOARD MEMBER0.50Yes (X)$0$0$0
DR AMY GUTMANN
BOARD MEMBER0.50Yes (X)$0$0$0
EDWARD HAZZOURI ESQ
BOARD MEMBER0.50Yes (X)$0$0$0
KENNETH E LAWRENCE
BOARD MEMBER0.50Yes (X)$0$0$0
JOSEPH MCGINN
BOARD MEMBER0.50Yes (X)$0$0$0
CHRISTIN MCMELEY
BOARD MEMBER0.50Yes (X)$0$0$0
ANNE B NEVINS
BOARD MEMBER0.50Yes (X)$0$0$0
ROBERT NIX III ESQ
BOARD MEMBER0.50Yes (X)$0$0$0
RODNEY J OGLESBY
BOARD MEMBER0.50Yes (X)$0$0$0
KATHRYN OTT LOVELL
BOARD MEMBER0.50Yes (X)$0$0$0
MICHAEL RASHID
BOARD MEMBER0.50Yes (X)$0$0$0
REBECCA RHYNHART
BOARD MEMBER0.50Yes (X)$0$0$0
JASMINE E SESSOMS
BOARD MEMBER0.50Yes (X)$0$0$0
JOHN WESTRUM
BOARD MEMBER0.50Yes (X)$0$0$0
JOSEPH R SYRNICK
PRESIDENT/CEO52.00Yes (X)$209,202$0$36,906
FieldValueIRS element (for citing)
Total Reportable Comp From Org$209,202TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$36,906TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
SERAVALLI INC
10059 SANDMEYER LANEPHILADELPHIAPA19116GENERAL TRAIL CONSTRUCTION$3,696,298
JPC GROUP
1309 HARMONY STREETPHILADELPHIAPA19146GENERAL TRAIL CONSTRUCTION$299,199
AECOM TECHNICAL SERVICES
1700 MARKET STREET SUITE 1600PHILADELPHIAPA19103ENGINEERING SERVICES$148,715
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Government Grants$1,159,088GovernmentGrantsAmt
All Other Contributions$1,612,738AllOtherContributionsAmt
Total Contributions$2,771,826TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescBOAT TOURS & OTHERDesc
Business900090BusinessCd
Total Revenue Column$4,007TotalRevenueColumnAmt
Related Or Exempt Func Income$4,007RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$4,007TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$50,213TotalRevenueColumnAmt
Exclusion$50,213ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,826,046TotalRevenueColumnAmt
Related Or Exempt Func Income$4,007RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$50,213ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$248,774TotalAmt
Program Services$196,930ProgramServicesAmt
Management And General$27,613ManagementAndGeneralAmt
Fundraising$24,231FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$319,805TotalAmt
Program Services$231,062ProgramServicesAmt
Management And General$65,065ManagementAndGeneralAmt
Fundraising$23,678FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$22,370TotalAmt
Program Services$16,529ProgramServicesAmt
Management And General$4,060ManagementAndGeneralAmt
Fundraising$1,781FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$44,641TotalAmt
Program Services$32,205ProgramServicesAmt
Management And General$9,148ManagementAndGeneralAmt
Fundraising$3,288FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$38,732TotalAmt
Program Services$29,051ProgramServicesAmt
Management And General$6,453ManagementAndGeneralAmt
Fundraising$3,228FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$194,479TotalAmt
Program Services$36,908ProgramServicesAmt
Management And General$42,253ManagementAndGeneralAmt
Fundraising$115,318FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$85,937TotalAmt
Program Services$37,737ProgramServicesAmt
Management And General$44,007ManagementAndGeneralAmt
Fundraising$4,193FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$5,596TotalAmt
Program Services$2,798ProgramServicesAmt
Management And General$2,518ManagementAndGeneralAmt
Fundraising$280FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,795TotalAmt
Program Services$11,397ProgramServicesAmt
Management And General$11,398ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
CONST/SITE IMPROVEMENT$1,315,886$1,315,886
CONSULTANTS/PLANNING$214,140$214,140
PARK MAINTENANCE$51,571$51,571
COMMUNITY EVENTS$18,822$18,822

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$23,241TotalAmt
Program Services$5,355ProgramServicesAmt
Management And General$14,748ManagementAndGeneralAmt
Fundraising$3,138FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,606,789TotalAmt
Program Services$2,200,391ProgramServicesAmt
Management And General$227,263ManagementAndGeneralAmt
Fundraising$179,135FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$756,238BOYAmt
EOY$4,662,488EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$3,681,460BOYAmt
EOY$3,693,181EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,318,307BOYAmt
EOY$445,166EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$45,502BOYAmt
EOY$39,492EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$106,939LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$89,081LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$10,547BOYAmt
EOY$17,858EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,114,305BOYAmt
EOY$976,194EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,926,359BOYAmt
EOY$9,834,379EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$373,322BOYAmt
EOY$122,686EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$87,500BOYAmt
EOY$203,529EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$460,822BOYAmt
EOY$326,215EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,002,242BOYAmt
EOY$5,080,430EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,463,295BOYAmt
EOY$4,427,734EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,465,537BOYAmt
EOY$9,508,164EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,926,359BOYAmt
EOY$9,834,379EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$219,257ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$176,630NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,614,551CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,273,484CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,105,505CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,892,992CurrentTaxYearMinus1YearAmt
Current Tax Year$2,771,826CurrentTaxYearAmt
Total$24,658,358TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,614,551CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,273,484CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,105,505CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,892,992CurrentTaxYearMinus1YearAmt
Current Tax Year$2,771,826CurrentTaxYearAmt
Total$24,658,358TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,077,223SubstantialContributorsTotAmt
Public Support Total170$19,581,135PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$34,616CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$82,648CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$93,128CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$69,898CurrentTaxYearMinus1YearAmt
Current Tax Year$50,213CurrentTaxYearAmt
Total$330,503TotalAmt
FieldValueIRS element (for citing)
Total Support$24,988,861TotalSupportAmt
Gross Receipts Rltd Activities$16,799GrossReceiptsRltdActivitiesAmt
Public Support CY1700.78360PublicSupportCY170Pct
Public Support PY1700.82310PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$106,939OtherCostOrOtherBasisAmt
Depreciation$89,081DepreciationAmt
Book Value$17,858BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$17,858TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,656,416TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$176,630NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$7,000DonatedServicesAndUseFcltsAmt
Revenue Not Reported-$169,630RevenueNotReportedAmt
Revenue Subtotal$2,826,046RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,826,046TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,613,789TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$7,000DonatedServicesUseFcltsAmt
Expenses Not Reported$7,000ExpensesNotReportedAmt
Expenses Subtotal$2,606,789ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,606,789TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationUNCERTAIN TAX POSITIONS UNDER ASC 740: SRDC HAS ADOPTED AN ACCOUNTING STANDARD REGARDING UNCERTAIN TAX POSITIONS. THE STANDARD PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. SRDC BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN THE STANDARD.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonJOSEPH R SYRNICKPersonNm
TitlePRESIDENT/CEOTitleTxt
Base Compensation Filing Org$209,202BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$6,000DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$30,906NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$246,108TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonBLAISE SYRNICKPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionBROTHER OF EXECUTIVE DIRECTOR AND EMPLOYEE OF SRDCRelationshipDescriptionTxt
Transaction$110,838TransactionAmt
TransactionANNUAL SALARY & BENEFITS AS EMPLOYEE OF SRDCTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BGOVERNING BOARD REVIEW OF FORM 990 AFTER THE FORM 990 IS COMPLETED BUT BEFORE IT IS FILED, IT IS SENT TO THE EXECUTIVE COMMITTEE FOR PRELIMINARY REVIEW. FOLLOWING REVIEW BY THE COMMITTEE AND AFTER POSSIBLE MODIFICATIONS, THE FORM 990 IS OFFERED TO ALL BOARD MEMBERS FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 12CMONITORING AND ENFORCEMENT OF CONFLICT OF INTEREST POLICY THE CONFLICT OF INTEREST POLICY IS TAKEN SERIOUSLY BY THE BOARD. SHOULD A CONFLICT BE SUSPECTED OR DECLARED, THE CONFLICTED BOARD MEMBER WILL RECUSE HIMSELF/HERSELF IN ACCORDANCE WITH SRDC'S POLICY. ALSO, EACH FALL, AT THE ANNUAL MEETING, SRDC'S CONFLICT OF INTEREST POLICY IS PROACTIVELY PRESENTED AND DISCUSSED, AND EACH BOARD MEMBER IS ASKED TO SIGN A STATEMENT THAT HE/SHE HAS READ AND UNDERSTANDS THE POLICY PRESENTED.
FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION THE BOARD HAS DESIGNATED THE PRESIDENT/CEO AS SRDC'S TOP MANAGEMENT OFFICIAL AND ONLY KEY EMPLOYEE. THE PRESIDENT/CEO WAS HIRED IN 2004 PURSUANT TO A REGION-WIDE SEARCH CONDUCTED BY A PROFESSIONAL EXECUTIVE SEARCH AGENCY. THE CEO'S SALARY WAS SET BY BENCHMARKING AGAINST COMPARABLE, COMPETITIVE SKILL SETS. SUBSEQUENTLY, SALARY ADJUSTMENTS HAVE BEEN MADE TAKING INTO ACCOUNT CURRENT MARKET CONDITIONS AND PERFORMANCE. SALARY ADJUSTMENTS ARE MADE BY SRDC'S CHAIRMAN, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE AND WITH THE BENEFIT OF COMPARABLE DATA. SALARY DECISIONS ARE DOCUMENTED IN WRITING. ONCE A YEAR, THE CEO MAKES A RECOMMENDATION ABOUT SALARY INCREASES TO THE BOARD CHAIR WHO AS NECESSARY CONSULTS WITH THE EXECUTIVE COMMITTEE. THE BOARD CHAIR THEN EITHER APPROVES, MODIFIES OR REJECTS THE SALARY RECOMMENDATION.
FORM 990, PART VI, SECTION C, LINE 19PUBLIC AVAILABILITY OF OTHER DOCUMENTS SRDC'S AUDITED FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST.