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Rock Island Economic Growth Corporation

Public charity
Other · MILAN, IL · EIN 36-3267851

About

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.

Donations are tax-deductible
Category
Other
Employees
31
Volunteers
15

Financial Snapshot

FY ending 2024-12-31
Revenue
$20.0M
Expenses
$8.6M
Assets
$48.6M
Liabilities
$28.4M

Financial history

$20.0M$10.0M$0
161718192021222324
RevenueExpenses
Latest FY2024: $20.0M · Avg: $7.6M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$3.1M
ROCK ISLAND ECONOMIC GROWTH CORPORATION
Your actions

Address

371 3RD ST W
Milan, IL, 61264-245

Governance

Voting board members15
Independent members15
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
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