EIN 36-3267851

Rock Island Economic Growth Corporation

IRS 501(c) type
501(c)(3)
Num. employees
29
Year formed
1982
Most recent tax filings
2023-12-01
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
$4,521,470
2023
Total expenses
$5,707,859
2023
Total assets
$42,717,661
2023
Num. employees
29
2023

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
Landry's Helping Heart FoundationDiscount on Sale of Property To 501c3 Charity - Charity Paid Under FMV$63,887

Personnel at Rock Island Economic Growth Corporation

NameTitleCompensation
Brian HollenbackPresident and Chief Executive Officer$95,079
Cindy BergChief Financial Officer
Beth PayneVice President
Andrew FisherConstruction Director
Carey JorgensenDirector of Property Management$0
...and 11 more key personnel

Financials for Rock Island Economic Growth Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,730,909
Program services$1,763,622
Investment income and dividends$325,694
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-216,294
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$917,539
Total revenues$4,521,470

Form 990s for Rock Island Economic Growth Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-08990View PDF
2019-122021-02-22990View PDF
...and 10 more Form 990s
Data update history
December 25, 2024
Received grants
Identified 2 new grant, including a grant for $120,000 from Development Association of Rock Island (DARI)
October 16, 2024
Updated personnel
Identified 8 new personnel
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)
Nonprofit Types
Grantmaking organizationsPublic sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementHousingEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online 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
Free account sign-up

Want updates when Rock Island Economic Growth Corporation has new information, or want to find more organizations like Rock Island Economic Growth Corporation?

Create free Cause IQ account