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Riverside Park Apartments

Jacksonville, FL · EIN 59-1997379 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Riverside Park Apartments reported $11.1 million in revenue and $1.4 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $67.55 went to program services, $32.45 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 87.4% of the total. Government grants made up 9.8%. Revenue rose 660% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $1.4M

For context, the median across 957 covered housing & shelter charities: $89.25 programs, $10.75 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $11M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 957 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
67.6%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
32.4%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
9.8%17.7%
Government grants share of revenue
Part VIII 1e ÷ 12
9.8%1.0%
Program service revenue share
Part VIII 2g ÷ 12
2.6%64.8%
Highest reported compensation
Part VII-A, columns D–F
Not reported$299,181
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
Not reported1.59%
People paid over $100,000
Part VII, line 2
Not reported4
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-8.410.2
Independent voting board members
Part VI 1a–1b
11 of 11100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$935K expenses · 100.0% of program spending · revenue $293K

To provide elderly and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs under sections 8 and 202 of the national housing act

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$11M$1.4M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$11M$1.4M67.6%−$972K—
FY2024 ⓘ$1.6M$1.4M78.1%−$982K—
FY2023 ⓘ$1.2M$1.4M78.5%−$1.2M—
FY2022 ⓘ$1.5M$1.4M79.5%−$958K—
FY2021 ⓘ$1.5M$1.3M79.8%−$1.0M—
FY2020 ⓘ$1.5M$1.3M80.5%−$1.2M—

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b11 · 11 independent
  • Audited financial statements Part XII 2bNo
  • Conflict-of-interest policy Part VI 12aNo
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Correct a figure or respond

Every number above is copied from Riverside Park Apartments's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Riverside Park Apartments, you can publish a response that is linked from this page.

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Questions people ask

How much of Riverside Park Apartments's spending goes to programs?

In the fiscal year ending September 30, 2025, Riverside Park Apartments reported that 67.6% of its $1.4 million in expenses went to program services, 32.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

Where does Riverside Park Apartments get its money?

Of $11.1 million in revenue in the fiscal year ending September 30, 2025, 9.8% came from contributions and grants (including 9.8% from government grants) and 2.6% from program service revenue (Form 990, Part VIII).

Is Riverside Park Apartments a registered charity?

The IRS lists EIN 59-1997379 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202612299349301521 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512279349302961 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432049349300708 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312269349303011 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212279349303341 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202110419349301226 · read the filing

All filings for EIN 59-1997379: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.