2024-10-23T13:53:01-05:00 2023-12-31 420714325 RSM US LLP 4650 EAST 53RD STREET DAVENPORT IA 528073479 990 2023-01-01 362757981 DEVELOPMENT ASSOCIATION OF ROCK ISLAND DEVE 3097321186 100 19TH STREET SUITE 109 ROCK ISLAND IL 61201 TROY GREEN CHAIRMAN 3097321186 2024-10-17 1 0 ERICA L CRAIG P02109597 5638884000 2024-10-17 2023 2024-10-15 13:58:12Z BRIAN HOLLENBACK 100 19TH STREET SUITE 109 ROCK ISLAND IL 61201 785381 0 X WWW.ROCKISLANDFORWARD.COM X 1973 IL TO PROMOTE COMMERCIAL, INDUSTRIAL, AND RECREATIONAL DEVELOPMENT IN ROCK ISLAND, ILLINOIS. 40 40 2 41 0 0 380794 534914 198267 231300 178 5117 -4212 7029 575027 778360 131672 137635 0 0 226684 239752 0 0 0 301103 316142 659459 693529 -84432 84831 1621509 1622680 496923 413263 1124586 1209417 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. 0 0 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 0 1 0 0 0 0 0 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 2 0 1 2 1 0 0 0 0 0 0 0 0 X 40 40 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X CINDY BERG 3097321186 100 19TH STREET SUITE 109 ROCK ISLAND IL 61201 KIRK ANDERSON MEMBER 1.00 X 0 0 0 MOLLY ARP NEWELL MEMBER 1.00 X 0 0 0 PAT BALDWIN MEMBER 1.00 X 0 0 0 JENNIFER BARTON MEMBER 1.00 X 0 0 0 NATHAN BILLANY MEMBER 1.00 X 0 0 0 TOM BOWMAN MEMBER 1.00 X 0 0 0 NATE CLARK MEMBER 1.00 X 0 0 0 JOHN DALY MEMBER 1.00 X 0 0 0 JAMIE DERUDDER MEMBER 1.00 X 0 0 0 JEFF DISMER MEMBER 1.00 X 0 0 0 DARYL EMPEN MEMBER 1.00 X 0 0 0 JOHN FRIEDERICH MEMBER 1.00 X 0 0 0 MICHAEL GLANZ MEMBER 1.00 X 0 0 0 TROY GREEN CHAIR 1.00 X X 0 0 0 TRAVIS HANKINS MEMBER 1.00 X 0 0 0 BRETT HITCHCOCK MEMBER 1.00 X 0 0 0 TONY JAEGER MEMBER 1.00 X 0 0 0 THERESA JONES MEMBER 1.00 X 0 0 0 NATHAN KESSLER MEMBER 1.00 X 0 0 0 MARY LANG MEMBER 1.00 X 0 0 0 ERIC LANGAN MEMBER 1.00 X 0 0 0 REGINALD LAWRENCE FORMER MEMBER 1.00 X 0 0 0 AJ LOSS MEMBER 1.00 X 0 0 0 MARCY MENDENHALL MEMBER 1.00 X 0 0 0 JEFF NELSON MEMBER 1.00 X 0 0 0 FRANK NOWINSKI SECRETARY/TREASURER 1.00 X X 0 0 0 STEVE OLLENBURG MEMBER 1.00 X 0 0 0 CARRIE O'NEIL MEMBER 1.00 X 0 0 0 TED PAPPAS MEMBER 1.00 X 0 0 0 JUSTIN PETERSON MEMBER 1.00 X 0 0 0 PAUL PHARES MEMBER 1.00 X 0 0 0 ISHA READING MEMBER 1.00 X 0 0 0 JEFF ROSE VICE CHAIR 1.00 X X 0 0 0 KEVIN SCHOONMAKER MEMBER 1.00 X 0 0 0 MARK SCHWIEBERT MEMBER 1.00 X 0 0 0 AJ SINGH MEMBER 1.00 X 0 0 0 DANIEL SOLCHENBERGER MEMBER 1.00 X 0 0 0 GREG THEIS MEMBER 1.00 X 0 0 0 TODD THOMPSON MEMBER 1.00 X 0 0 0 TOM THOMS MEMBER 1.00 X 0 0 0 JOHN VANDEVELDE MEMBER 1.00 X 0 0 0 ELIZABETH TALLMAN VICE PRESIDENT OF DEVELOPMENT 40.00 X 128165 0 20698 128165 0 20698 1 0 0 0 0 154050 11136 369728 534914 RENTAL ACTIVITIES 531120 231300 231300 231300 117 117 5000 0 5000 5000 5000 13274 11136 7021 6253 6253 MISCELLANEOUS REVENUE 900099 776 776 776 778360 232076 0 11370 132635 5000 148863 39368 36908 14613 18825 5183 13177 13487 3217 595 15467 55763 RENTAL EXPENSES 183266 BAD DEBT EXPENSE 4513 MISCELLANEOUS EXPENSES 2649 693529 105399 128125 90000 90000 1797027 568766 1215416 1228261 159485 158585 51209 17709 1621509 1622680 20858 15056 455598 377770 20467 20437 496923 413263 X 0 0 0 0 1124586 1209417 1124586 1209417 1621509 1622680 84831 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 4145 5131 7354 1922 0 70000 70000 1287221 349668 937553 359883 199233 160650 79923 19865 60058 1228261 BOWLBY PROJECT 144947 C RENAISSANCE GOLD LOAN 10000 C TAPAS YOGA LOAN 3638 C 158585 SECURITY DEPOSITS 12160 FUND HELD AS AGENT 8277 20437 PART IV, LINE 1B: DEVELOPMENT ASSOCIATION OF ROCK ISLAND ACTS AS AN AGENT FOR THE BOWLBY CONDO ASSOCIATION BY COLLECTING HOMEOWNER ASSOCIATION DUES FROM TENANTS AND MAKING PAYMENTS FOR COMMON EXPENSES. THE AMOUNTS ARE NOT INCLUDED ON THE BALANCE SHEET BECAUSE THEY ARE IMMATERIAL. DIVOTS FORE DARI GOLF OUTING 24410 11136 13274 1210 3264 1677 870 24410 11136 13274 1210 3264 1677 870 7021 6253 1 ROCK ISLAND ECONOMIC GROWTH CORPORATION 100 19TH STREET SUITE 109 ROCK ISLAND IL 61201 363267851 501(C)(3) 120000 0 SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM 1 0 PART I, LINE 2: DEVELOPMENT ASSOCIATION ISSUES FUNDS DIRECTLY TO THE ORGANIZATION WITH THE PURPOSE CLEARLY STATED AT THE TIME OF FUNDS TRANSFER. GENERAL SUPPORT FUNDS ARE ISSUED TO THE RECIPIENT ORGANIZATION FOR USE AT THEIR DISCRETION. FORM 990, PART VI, SECTION A, LINE 6 DEVELOPMENT ASSOCIATION OF ROCK ISLAND HAS THREE CLASSES OF MEMBERS DETERMINED BASED ON THEIR LEVEL OF CONTRIBUTION: 1. REGULAR MEMBERS; 2. SUSTAINING MEMBERS; AND 3. CONTRIBUTING MEMBERS. THESE MEMBERS CONSTITUTE THE ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE EXECUTIVE BOARD WITH QUESTIONS DIRECTED TO THE CHIEF FINANCIAL OFFICER BEFORE FILING THE RETURN WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON IS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWER, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS REVIEWED, DISCUSSED, AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THERE IS DEEMED TO BE A CONFLICT OF INTEREST, THEN THE REMAINING BOARD MEMBERS, EXCLUDING THE MEMBER WITH THE CONFLICT, WILL DECIDE ON THE RESTRICTIONS IMPOSED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. ROCK ISLAND URBAN TRADER LLC 100 19TH ST STE 109 ROCK ISLAND IL 61201 383992862 INACTIVE IL 0 0 DEVELOPMENT ASSOCIATION OF ROCK ISLAND