Form 990 for tax year 2023
Filed by DEVELOPMENT ASSOCIATION OF ROCK ISLAND INC.
Totals
- Total revenue
- $778,360
- Total expenses
- $693,529
- Contributions and grants received
- $534,914
- Grants paid
- $137,635
- Program service revenue
- $231,300
- Investment income
- $5,117
- Other revenue
- $7,029
- Total assets, end of year
- $1,622,680
- Total liabilities, end of year
- $413,263
- Net assets or fund balances, end of year
- $1,209,417
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$154,050
-
1c · Fundraising events
$11,136
-
1e · Government grants (contributions)
$369,728
-
2a · Program service revenue: RENTAL ACTIVITIES
total $231,300 · related or exempt $231,300
-
3 · Investment income
total $117 · excluded $117
-
7a · Gross sales of assets other than inventory
other assets $5,000
-
7b · Less cost or other basis and sales expenses
other assets $0
-
7c · Gain or loss
other assets $5,000
-
7d · Net gain or loss
total $5,000 · excluded $5,000
-
8a · Fundraising events: gross income
$13,274
-
8a · Fundraising events: contributions included on line 1c
$11,136
-
8b · Fundraising events: direct expenses
$7,021
-
8c · Net income from fundraising events
total $6,253 · excluded $6,253
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $776 · related or exempt $776
-
11e · Other revenue, total
$776
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $132,635
-
2 · Grants to domestic individuals
total $5,000
-
5 · Compensation of officers, directors and key employees
total $148,863
-
7 · Other salaries and wages
total $39,368
-
9 · Other employee benefits
total $36,908
-
10 · Payroll taxes
total $14,613
-
11a · Fees: management
total $18,825
-
11c · Fees: accounting
total $5,183
-
12 · Advertising and promotion
total $13,177
-
13 · Office expenses
total $13,487
-
16 · Occupancy
total $3,217
-
19 · Conferences, conventions and meetings
total $595
-
20 · Interest
total $15,467
-
22 · Depreciation, depletion and amortization
total $55,763
-
24a · Other expenses: RENTAL EXPENSES
total $183,266
-
24b · Other expenses: BAD DEBT EXPENSE
total $4,513
-
24c · Other expenses: MISCELLANEOUS EXPENSES
total $2,649
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $105,399 · end of year $128,125
-
7 · Other notes and loans receivable
beginning of year $90,000 · end of year $90,000
-
10a · Land, buildings and equipment: cost or other basis
$1,797,027
-
10b · Land, buildings and equipment: accumulated depreciation
$568,766
-
10c · Land, buildings and equipment, net
beginning of year $1,215,416 · end of year $1,228,261
-
13 · Investments: program-related
beginning of year $159,485 · end of year $158,585
-
15 · Other assets
beginning of year $51,209 · end of year $17,709
-
17 · Accounts payable and accrued expenses
beginning of year $20,858 · end of year $15,056
-
24 · Unsecured notes and loans payable
beginning of year $455,598 · end of year $377,770
-
25 · Other liabilities
beginning of year $20,467 · end of year $20,437
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $1,124,586 · end of year $1,209,417
Mission and programs · 2023
Mission
TO PROMOTE COMMERCIAL, INDUSTRIAL, AND RECREATIONAL DEVELOPMENT THROUGH OWNERSHIP OR MANAGEMENT OF BUSINESSES AND PROPERTIES, OR BY PROVIDING BUSINESSES ASSISTANCE TO ENHANCE THE TAX BASE AND QUALITY OF LIFE IN ROCK ISLAND, ILLINOIS.
Activities or mission (Part I)
TO PROMOTE COMMERCIAL, INDUSTRIAL, AND RECREATIONAL DEVELOPMENT IN ROCK ISLAND, ILLINOIS.
-
BUSINESS DEVELOPMENT: PROMOTE BUSINESS BY REDEVELOPING AND MAINTAINING SPACE FOR LEASE IN THE ROCK ISLAND, IL AREA AND LEADING ECONOMIC DEVELOPMENT FROM LEAD GENERATION AND PROMOTION OF AVAILABLE SITES TO DEAL CLOSURE
-
MARKETING: PROMOTING ROCK ISLAND VIA SOCIAL MEDIA, AND OTHER ADVERTISING METHODS INCLUDING SPECIAL EVENTS
-
RESIDENTIAL: PROVIDE FUNDING TO ASSIST WITH THE DEVELOPMENT OF RESIDENTIAL AND WORKFORCE HOUSING
As filed on the 2023 return.
Listed in Part VII
-
Kirk AndersonKIRK ANDERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Molly Arp NewellMOLLY ARP NEWELL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Pat BaldwinPAT BALDWIN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer BartonJENNIFER BARTON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nathan BillanyNATHAN BILLANY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom BowmanTOM BOWMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nate ClarkNATE CLARK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John DalyJOHN DALY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jamie DerudderJAMIE DERUDDER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff DismerJEFF DISMER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daryl EmpenDARYL EMPEN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John FriederichJOHN FRIEDERICH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael GlanzMICHAEL GLANZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Troy GreenTROY GREEN
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Travis HankinsTRAVIS HANKINS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brett HitchcockBRETT HITCHCOCK
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tony JaegerTONY JAEGER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Theresa JonesTHERESA JONES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nathan KesslerNATHAN KESSLER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary LangMARY LANG
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Eric LanganERIC LANGAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Reginald LawrenceREGINALD LAWRENCE
FORMER MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aj LossAJ LOSS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marcy MendenhallMARCY MENDENHALL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff NelsonJEFF NELSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Frank NowinskiFRANK NOWINSKI
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Steve OllenburgSTEVE OLLENBURG
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carrie O'NeilCARRIE O'NEIL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ted PappasTED PAPPAS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Justin PetersonJUSTIN PETERSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paul PharesPAUL PHARES
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Isha ReadingISHA READING
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jeff RoseJEFF ROSE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin SchoonmakerKEVIN SCHOONMAKER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark SchwiebertMARK SCHWIEBERT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Aj SinghAJ SINGH
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel SolchenbergerDANIEL SOLCHENBERGER
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg TheisGREG THEIS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Todd ThompsonTODD THOMPSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tom ThomsTOM THOMS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John VandeveldeJOHN VANDEVELDE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth TallmanELIZABETH TALLMAN
VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $148,863
- From this org
- $128,165
- From related orgs
- $0
- Other
- $20,698
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
ROCK ISLAND URBAN TRADER LLC
INACTIVE · IL · income $0 · assets $0
Directly controlled by DEVELOPMENT ASSOCIATION OF ROCK ISLAND
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 17 October 2024
- IRS schema version
- 2023v5.1
- Source object
- 202442979349300619
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.