- Revenue 2024
- $19,970,238
- Expenses 2024
- $8,599,521
Program services were 94.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- L20
- Classification
- 1000
- Street
- 371 3RD ST W
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Mission
THE MISSION OF ROCK ISLAND ECONOMIC GROWTH CORPORATION IS TO RENOVATE AND BUILD NEW SINGLE FAMILY OR MULTI-FAMILY HOUSING IN THE MIDWEST REGION; TO FOSTER LOW-INCOME HOUSING THAT: ENHANCES THE OVERALL IMAGE AND ECONOMIC VITALITY OF THE REGION; IMPROVES HOUSING MARKET DYNAMICS IN THE REGION, ESPECIALLY IN ITS OLDER, BLIGHTED NEIGHBORHOODS; ENCOURAGES HOME OWNERSHIP; IS COMMITTED TO DEVELOPING AFFORDABLE HOUSING; PROMOTES BUILDING CONSTRUCTION AND MAINTENANCE, TRAINING OF HOMEBUYERS AND NEIGHBORHOOD RESIDENTS.
Activities or mission (Part I)
TO REVITALIZE AND STABILIZE THE ECONOMY AND RESIDENTIAL NEIGHBORHOODS IN THE MIDWEST REGION.
-
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.
Expenses $8,141,969 · Grants $3,059,336 · Revenue $2,889,957
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Ametra CarrolAMETRA CARROL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Damita Davis-WrenDAMITA DAVIS-WREN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ryan HattenRYAN HATTEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Denise IsaacDENISE ISAAC
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amy JonesAMY JONES
FORMER BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alvaro MaciasALVARO MACIAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Loredia Nunn-DixonLOREDIA NUNN-DIXON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve OllenburgSTEVE OLLENBURG
VICE CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Lindsey RamosLINDSEY RAMOS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Stella SchneeklothSTELLA SCHNEEKLOTH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jane SchneiderJANE SCHNEIDER
TREASURER/PAST CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Phyllis SchwindtPHYLLIS SCHWINDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Shelley SheehySHELLEY SHEEHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy SpringerKATHY SPRINGER
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 1
-
Darryl ThompsonDARRYL THOMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shelly TucciarelliSHELLY TUCCIARELLI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian HollenbackBRIAN HOLLENBACK
PRESIDENT AND CEO
- Total calculated
- $481,453
- From this org
- $112,798
- From related orgs
- $333,083
- Other
- $35,572
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $112,430 + $154,735 related
- Bonus
- $0 + $178,000 related
- Other
- $368 + $348 related
- Deferred
- $4,926 + $4,668 related
- Nontaxable benefits
- $13,339 + $12,639 related
- Filer's total
- $131,063 + $350,390 related
-
Cynthia BergCYNTHIA BERG
CHIEF FINANCIAL OFFICER
- Total calculated
- $224,206
- From this org
- $154,629
- From related orgs
- $50,416
- Other
- $19,161
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,011 + $38,292 related
- Bonus
- $0 + $12,000 related
- Other
- $618 + $124 related
- Deferred
- $4,982 + $1,005 related
- Nontaxable benefits
- $10,964 + $2,210 related
- Filer's total
- $170,575 + $53,631 related
-
Carey JorgensenCAREY JORGENSEN
DIRECTOR OF PROPERTY MANAGEMENT
- Total calculated
- $116,966
- From this org
- $101,579
- From related orgs
- $0
- Other
- $15,387
- Hours/week
- 40
-
Elizabeth PayneELIZABETH PAYNE
VICE PRESIDENT
- Total calculated
- $122,721
- From this org
- $103,330
- From related orgs
- $15,494
- Other
- $3,897
- Hours/week
- 40
-
Andrew FisherANDREW FISHER
CONSTRUCTION DIRECTOR
- Total calculated
- $125,988
- From this org
- $113,392
- From related orgs
- $0
- Other
- $12,596
- 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $19,970,238
- Expenses
- $8,599,521
- Contributions
- $11,369,461
- Grants paid
- $3,059,336
-
2023
- Revenue
- $4,521,470
- Expenses
- $5,707,859
- Contributions
- $1,730,909
- Grants paid
- $24,802
-
2022
- Revenue
- $2,442,309
- Expenses
- $5,200,710
- Contributions
- $1,567,993
- Grants paid
- $44,524
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $2,050,446
- Expenses
- $4,795,222
- Assets (EOY)
- $40,516,929
-
2020 · 990
- Revenue
- $3,732,413
- Expenses
- $4,478,931
- Assets (EOY)
- $30,458,325
-
2019 · 990
- Revenue
- $2,817,955
- Expenses
- $3,577,972
- Assets (EOY)
- $30,020,623
-
2018 · 990
- Revenue
- $13,825,139
- Expenses
- $3,761,098
- Assets (EOY)
- $31,046,046
-
2017 · 990
- Revenue
- $3,620,328
- Expenses
- $3,295,095
- Assets (EOY)
- $19,467,135
-
2016 · 990
- Revenue
- $2,735,346
- Expenses
- $3,578,433
- Assets (EOY)
- $16,937,795
-
2015 · 990
- Revenue
- $5,455,979
- Expenses
- $6,262,605
- Assets (EOY)
- $15,547,764
-
2014 · 990
- Revenue
- $5,652,597
- Expenses
- $4,600,781
- Assets (EOY)
- $14,971,681
-
2013 · 990
- Revenue
- $6,084,140
- Expenses
- $4,688,272
- Assets (EOY)
- $11,826,716
-
2012 · 990
- Revenue
- not reported
- Expenses
- $6,275,771
- Assets (EOY)
- $9,674,520
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.
Grants made
-
$50,000
2024 SUPPORT FOR EDUCATIONAL WORKSHOPS AT THE MISSISSIPPI RIVER INSTITUTE
-
2024 DEVELOPMENT OF AFFORDABLE HOUSING AT SHIMER SQUARE
Grants received
-
2022 SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
-
2023 SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
-
2024 SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
COATSWORTH APARTMENTS LLC
RENTAL REAL ESTATE · IL · income -$40,911 · assets $1,405,238
-
ECONOMIC GROWTH MASTER TENANT MM LLC
RENTAL REAL ESTATE · IL · income -$70,614 · assets -$65,842
-
ECONOMIC GROWTH SPRINGFIELD LLC
RENTAL REAL ESTATE · IL · income -$25,546 · assets -$72,612
-
GOLDMAN FAMILY BLOCK LLC
RENTAL REAL ESTATE · IL · income -$3,002 · assets $14,252
-
GROWTH GENERAL CONTRACTING LLC
CONSTRUCTION AND GENERAL CONTRACTING SERVICES · IL · income -$67,951 · assets $223,063
-
GROWTH GENTRY GP MEMBER LLC
RENTAL REAL ESTATE · IL · income -$34,369 · assets $0
-
HOME BASE PROPERTY MANAGEMENT LLC
PROPERTY MANAGEMENT · IL · income $25,450 · assets $451,964
-
JACKSON SQUARE LOFTS LLC
RENTAL REAL ESTATE · IL · income -$59,716 · assets $1,342,704
-
SALA FLATS GP LLC
RENTAL REAL ESTATE · IL · income -$446 · assets -$15,397
-
SALA FLATS LIMITED PARTNERSHIP LLC
RENTAL REAL ESTATE · IL · income -$445,260 · assets -$1,524,305
-
SHIMER SQUARE GP LLC
RENTAL REAL ESTATE · IL · income $0 · assets $600
-
SHIMER SQUARE I LP
RENTAL REAL ESTATE · IL · income $0 · assets $600
-
STAR BLOCK LOFTS LLC
RENTAL REAL ESTATE · IL · income -$55,538 · assets $625,552
-
THE GARDEN DISTRICT LLC
RENTAL REAL ESTATE · IL · income $15,351 · assets $0
-
THE LOCKS AT ROCK ISLAND LLC
RENTAL REAL ESTATE · IL · income -$233,543 · assets $4,635,147
-
SALA FLATS LP
RENTAL REAL ESTATE · IL · income -$445,706 · assets $3,155,940
-
RENAISSANCE GOLD LP
RENTAL REAL ESTATE · IL · income -$241,798 · assets $2,947,076
-
REN GOLD GP LLC
RENTAL REAL ESTATE · IL · income -$242 · assets -$15,520
-
REN GOLD LP LLC
RENTAL REAL ESTATE · IL · income -$241,556 · assets -$1,536,515
-
MAKERS ON FIFTH LLC
RENTAL REAL ESTATE · IA · income -$111,147 · assets $57,316
-
SHIMER SQUARE NC LLC
RENTAL REAL ESTATE · IL · income $0 · assets $0
-
SHIMER SQUARE RESOURCE CENTER LLC
RENTAL REAL ESTATE · IL · income $0 · assets $0
Related partnerships on its 2024 return
-
LAWRENCE LOFTS LP
RENTAL REAL ESTATE · IL · general or managing partner
-
SPRINGFIELD URBAN REDEVELOPMENT LLC
RENTAL REAL ESTATE · IL · general or managing partner
-
SPUR MASTER TENANT LLC
RENTAL REAL ESTATE · IL · general or managing partner
-
ORCHARDS OF GENTRY GP LLC
RENTAL REAL ESTATE · AR · general or managing partner
-
THE ORCHARDS OF GENTRY I LP
RENTAL REAL ESTATE · AR · general or managing partner
-
WILSON LOFTS LP
RENTAL REAL ESTATE · IA · general or managing partner
-
WILSON QALICB LLC
RENTAL REAL ESTATE · IA · general or managing partner
-
WILSON LOFTS TENANT LLC
RENTAL REAL ESTATE · IA · general or managing partner
-
SHIMER PHASE 2 LP
RENTAL REAL ESTATE · IL · general or managing partner
Related corporations and trusts on its 2024 return
-
ROCK ISLAND ECONOMIC GROWTH PLUS
C · REAL ESTATE · IL · 100% owned · share of income -$1,580 · share of assets $1,552 · controlled entity
-
CENTRAL STATES DEVELOPMENT PARTNERS INC
C · COMMUNITY DEVELOPMENT · IL · 100% owned · share of income $609,644 · share of assets $991,181 · controlled entity
-
LAWRENCE LOFTS GP LLC
C · REAL ESTATE · IL · 100% owned · share of income -$22 · share of assets $662,077 · controlled entity
-
WILSON LOFTS GP LLC
C · REAL ESTATE · IA · 100% owned · share of income -$36,944 · share of assets $8,214 · controlled entity
-
SHIMER PHASE 2 GP LLC
C · REAL ESTATE · IL · 100% owned · share of income -$44 · share of assets $35 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.