EIN 36-3267851

Rock Island Economic Growth Corporation

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
1982
Most recent tax filings
2022-12-01
Description
GROWTH is a nationally recognized leader in mixed-use and mixed-income projects with a proven track record of developing housing that is affordable while building a dynamic housing market.
Also known as...
Economic Growth Corporation
Total revenues
$2,442,309
2022
Total expenses
$5,200,710
2022
Total assets
$42,645,585
2022
Num. employees
22
2022

Program areas at Rock Island Economic Growth Corporation

Rock Island Economic Growth Corporation stabilizes and rehabilitates residential neighborhoods in the midwest region by developing housing, managing housing and providing assistance to homebuyers including, but not limited to, homebuyer and homeowner education, closing cost and down payment assistance, rehabilitation cost assistance and foreclosure prevention.

Grants made by Rock Island Economic Growth Corporation

GranteeGrant descriptionAmount
Robert Young CenterUnrestricted Program Support$10,000
Rock Island Community Caring ConferenceUnrestricted Program Support$6,500
Skip-a-Long Family and Community ServicesUnrestricted Program Support$5,000
...and 3 more grants made

Who funds Rock Island Economic Growth Corporation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Development Association of Rock Island (DARI)Support for Live-Work Rock Island Program$120,000

Personnel at Rock Island Economic Growth Corporation

NameTitleCompensation
Brian HollenbackPresident and Chief Executive Officer$95,079
Cynthia BergChief Financial Officer$140,642
Kathy SpringerVice Chairperson / Board Member$0
Daryl EmpenChairperson / Vice Chairman / Past Chairman$0
Jane SchneiderVice Chairperson / Former Past Chairman$0
...and 3 more key personnel

Financials for Rock Island Economic Growth Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,567,993
Program services$0
Investment income and dividends$302,225
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,695,017
Net gain from sale of non-inventory assets$-1,961,062
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$838,136
Total revenues$2,442,309

Form 990s for Rock Island Economic Growth Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-08990View PDF
2019-122021-02-22990View PDF
2018-122020-01-24990View PDF
...and 9 more Form 990s
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 1 new personnel
December 24, 2023
Received grants
Identified 1 new grant, including a grant for $120,000 from Development Association of Rock Island (DARI)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donations
General information
Address
100 - 19th St Ste 109
Rock Island, IL 61201
Metro area
Davenport-Moline-Rock Island, IA-IL
County
Rock Island County, IL
Website URL
economicgrowthcorporation.com/ 
IRS details
EIN
36-3267851
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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