Overview
What is Rock Island Economic Growth Corporation?
The Rock Island Economic Growth Corporation, established in Rock Island, Illinois, is a dedicated nonprofit organization focused on revitalizing and stabilizing the economy and residential neighborhoods in the Midwest region. They achieve this by developing and renovating housing, managing properties, and offering assistance to homebuyers. Their initiatives include providing homebuyer and homeowner education, helping with closing costs and down payments, offering rehabilitation cost assistance, and aiding in foreclosure prevention. Their mission is to enhance the overall image and economic vitality of the region, improve housing market dynamics, especially in older, blighted neighborhoods, encourage homeownership, promote affordable housing, and stimulate building construction and maintenance. They employ a team of 22 individuals to carry out these objectives.
Official website here: www.economicgrowthcorporation.com
Is Rock Island Economic Growth Corporation legitimate?
Rock Island Economic Growth Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rock Island Economic Growth Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $517,905
Professional Fundraising Fees: $0
Other Salaries and Wages: $465,804
For more financial information, click here
Official website here: www.economicgrowthcorporation.com
What is the mission statement of Rock Island Economic Growth Corporation?
The Rock Island Economic Growth Corporation's mission is centered around revitalizing and stabilizing the economy and residential neighborhoods in a Midwestern region. Their primary objective is to renovate and construct new single-family or multi-family housing in the region. The corporation aims to enhance the overall image and economic vitality of the region by fostering low-income housing. This type of housing not only improves housing market dynamics, particularly in older, blighted neighborhoods, but also encourages home ownership. The Rock Island Economic Growth Corporation is committed to developing affordable housing and promoting building construction, maintenance, training for homebuyers, and neighborhood residents.
Official website here: www.economicgrowthcorporation.com
Who is the CEO of Rock Island Economic Growth Corporation?
Brian Hollenback is the Board Member of Rock Island Economic Growth Corporation. The CEO's salary of Rock Island Economic Growth Corporation is $95,079 and their total compensation is $330,596.
Official website here: www.economicgrowthcorporation.com
What is the revenue of Rock Island Economic Growth Corporation?
Rock Island Economic Growth Corporation's revenue in 2022 was $2,442,309.
Official website here: www.economicgrowthcorporation.com
Who are the executives of Rock Island Economic Growth Corporation and what are their salaries?
The average compensation at Rock Island Economic Growth Corporation during 2022 was $44,714. There are 22 employees and 18 volunteers at Rock Island Economic Growth Corporation.
Here are 22 key members and their salaries (Rock Island Economic Growth Corporation's CEO's salary is $95,079 and their total compensation is $330,596):
- Brian Hollenback (President And Ceo)
- Cynthia Berg (Chief Financial Officer)
- Damita Davis-Wren (Board Member) [Trustee/Director]
- Phil Dennis (Former Board Member) [Trustee/Director]
- Brandy Donaldson (Former Board Member) [Trustee/Director]
- Daryl Empen (Treasurer/Past Chairperson) [Trustee/Director]
- Linda Golden (Board Member) [Trustee/Director]
- Ryan Hatten (Board Member) [Trustee/Director]
- Denise Isaac (Board Member) [Trustee/Director]
- Amy Jones (Board Member) [Trustee/Director]
- Alvaro Macias (Board Member) [Trustee/Director]
- Jan Masamoto (Board Member) [Trustee/Director]
- Loredia Nunn-Dixon (Board Member) [Trustee/Director]
- Lindsey Ramos (Board Member) [Trustee/Director]
- Lori Roderick (Board Member) [Trustee/Director]
- Stella Schneekloth (Board Member) [Trustee/Director]
- Jane Schneider (Chairperson) [Trustee/Director]
- Phyllis Schwindt (Secretary) [Trustee/Director]
- Shelley Sheehy (Board Member) [Trustee/Director]
- Kathy Springer (Vice Chairperson) [Trustee/Director]
- Darryl Thompson (Board Member) [Trustee/Director]
- Shelly Tucciarelli (Board Member) [Trustee/Director]
Official website here: www.economicgrowthcorporation.com
Where can I find the form 990 for Rock Island Economic Growth Corporation?
The Rock Island Economic Growth Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.economicgrowthcorporation.com
Learn more at the official website: www.economicgrowthcorporation.com
Mission Statement of Rock Island Economic Growth Corporation
Rock Island Economic Growth Corporation, in its mission, aims to revitalize and stabilize the economy and residential neighborhoods in the Midwest region. The organization's primary objective is to renovate and construct new single-family or multi-family housing in the region. This endeavor is not just about building homes, but it also serves to enhance the overall image and economic vitality of the region.
In addition, Rock Island Economic Growth Corporation is committed to fostering low-income housing. This type of housing is designed to improve housing market dynamics, particularly in older, blighted neighborhoods. By doing so, the corporation aims to encourage homeownership and promote building construction and maintenance. Furthermore, the corporation offers training programs for homebuyers and neighborhood residents, demonstrating its commitment to affordable housing.
In summary, Rock Island Economic Growth Corporation is a dedicated organization that works towards revitalizing and stabilizing the economy and residential neighborhoods in the Midwest region. Through its mission, it focuses on renovating and constructing new housing, fostering low-income housing, and promoting homeownership. The corporation also provides training programs for homebuyers and neighborhood residents, demonstrating its commitment to developing affordable housing and improving housing market dynamics in the region.
Impact
This information is meant to be a general summary of Rock Island Economic Growth Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Rock Island Economic Growth Corporation's impact can be seen in its efforts to revitalize and stabilize the economy and residential neighborhoods in the Midwest region. By developing housing, managing properties, and providing assistance to homebuyers through education, financial support, and foreclosure prevention, the organization plays a crucial role in improving housing market dynamics, enhancing the overall image and economic vitality of the region, and encouraging homeownership. Additionally, their commitment to developing affordable housing and promoting building construction and maintenance demonstrates their dedication to creating sustainable housing solutions for the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1982
Phone
(309) 794-6711
Principal Officer
Brian Hollenback
Main Address
100 - 19TH STREET STE 109, ROCK ISLAND, IL, 61201
NTEE Category
Code: L20 - Housing
If you are a representative of Rock Island Economic Growth Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.