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Nonprofit · EIN 27-0964918

ROCKFORD AREA STRATEGIC INITIATIVES

Tax-exempt · ROCKFORD, IL 61101

Financials

$158K$159K2023$358K$358K2024$147K$148K2025
Revenue Expenses · by fiscal year end
Financials of ROCKFORD AREA STRATEGIC INITIATIVES by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$146,879$148,197-$1,318$120,922$99,373$21,549
December 31, 2024990$358,096$358,425-$329$134,782$111,915$22,867
December 31, 2023990-EZ$158,390$158,683-$293$23,196$67,348-$44,152
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$146,582
Other revenue
$297

Expenses

Grants and similar amounts paid
$146,582
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,615
Program services (functional)
$147,390

Balance sheet and other

Total assets, start of year
$134,782
Total assets, end of year
$120,922
Total liabilities, end of year
$99,373
Net assets, end of year
$21,549
Cash, savings and investments
$88,880
Gross receipts
$146,879

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KALEB PRICECHAIR5$0
NATE JORDANTREASURER5$0
WENDY ALSTEENDIRECTOR5$0
TROY HAGGESTADDIRECTOR5$0
JEFF HULTMANDIRECTOR5$0
990 for the year ended December 31, 2024: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CAITLIN PUSATERIDIRECTOR
Trustee or director
5$0$144,664$13,565
ANGELA LARSONDIRECTOR
Trustee or director
5$0$79,724$5,750
LESLY COUPERCHAIR
Trustee or director, Officer
5$0$0$0
CONOR BROWNVICE CHAIR
Trustee or director, Officer
5$0$0$0
NATE JORDANTREASURER
Trustee or director, Officer
5$0$0$0
TERRY VOSKUILPAST CHAIR
Trustee or director, Officer
5$0$0$0
WENDY ALSTEENDIRECTOR
Trustee or director
5$0$0$0
TRAVIS ANDERSENDIRECTOR
Trustee or director
5$0$0$0
ARMANDO CARDENASDIRECTOR
Trustee or director
5$0$0$0
PAULA CARYNSKIDIRECTOR
Trustee or director
5$0$0$0
JEAN CROSBYDIRECTOR
Trustee or director
5$0$0$0
MICHAEL DUNN JRDIRECTOR
Trustee or director
5$0$0$0
DIETMAR GOELLNERDIRECTOR
Trustee or director
5$0$0$0
THOMAS GREENDIRECTOR
Trustee or director
5$0$0$0
JOHN GROHDIRECTOR
Trustee or director
5$0$0$0
MICK GRONEWOLDDIRECTOR
Trustee or director
5$0$0$0
TROY HAGGESTADDIRECTOR
Trustee or director
5$0$0$0
DR SHEILA HILLDIRECTOR
Trustee or director
5$0$0$0
JEFF HULTMANDIRECTOR
Trustee or director
5$0$0$0
STEVEN KOTSODIRECTOR
Trustee or director
5$0$0$0
CARLY LAMONICADIRECTOR
Trustee or director
5$0$0$0
TOM MCNAMARRADIRECTOR
Trustee or director
5$0$0$0
FRANK WEHRSTEINDIRECTOR
Trustee or director
5$0$0$0
990-EZ for the year ended December 31, 2023: 35 people
NameTitleHours / weekCompensation
BRENT BERNARDIDIRECTOR5$0
MIKE BROSKIDIRECTOR5$0
PAULA CARYNSKIDIRECTOR5$0
BRIDGETT COLEMANDIRECTOR5$0
LESLY COUPERVICE CHAIR5$0
JEAN CROSBYDIRECTOR5$0
EARL DOTSON JRDIRECTOR5$0
MICHAEL DUNN JRDIRECTOR5$0
JUSTIN FRANKLINDIRECTOR5$0
DAN GIOVANNETTIDIRECTOR5$0
DIETMAR GOELLNERDIRECTOR5$0
JEFF HULTMANDIRECTOR5$0
TIMOTHY LEAKEDIRECTOR5$0
PAM MAHERDIRECTOR5$0
MICHELE PETRIEDIRECTOR5$0
JOHN PHELPSDIRECTOR5$0
JAMES ROZINSKYDIRECTOR5$0
DANIEL SAAVEDRADIRECTOR5$0
PATRICK SHAWDIRECTOR5$0
TERRY VOSKUILCHAIR5$0
FRANK WEHRSTEINDIRECTOR5$0
WENDY ALSTEENDIRECTOR5$0
TRAVIS ANDERSONDIRECTOR5$0
CONOR BROWNTREASURER5$0
ARMANDO CARDENASDIRECTOR5$0
THOMAS GREENDIRECTOR5$0
JOHN GROHDIRECTOR5$0
MICHAEL GRONEWOLDDIRECTOR5$0
TROY HAGGESTADDIRECTOR5$0
SHEILA HILLDIRECTOR5$0
NATE JORDANDIRECTOR5$0
STEVE KOTSODIRECTOR5$0
CARLY LAMONICADIRECTOR5$0
ANGELA LARSONDIRECTOR5$0
MAYOR TOM MCNAMARADIRECTOR5$0

Address and contacts

Address (IRS master file)
308 W STATE ST STE 190, ROCKFORD, IL 61101-1153
In care of
% JANYCE FADDEN
Mailing address (990-N for 2020)
100 PARK AVENUE SUITE 100, ROCKFORD IL 61101
Principal officer (990-N for 2020)
ERIC CUNNINGHAM, 100 PARK AVE SUITE 100, ROCKFORD IL 61101
Signed the 990-EZ
KALEB PRICE, CHAIR
Phone
(815) 987-8100
Return prepared by
BENNING GROUP LLC

Mission

THE PRIMARY ROLE OF THE ROCKFORD AREA STRATEGIC INITIATIVE IS TO ENHANCE EDUCATION, COMMERCE, TRADE AND ECONOMIC DEVELOPMENT IN THE ROCKFORD REGION

990-EZ for the year ended December 31, 2025

Program accomplishments

  • WORKFORCE AND EDUCATION SUPPORT: RASI PROVIDES FUNDING TO INITIATIVES THAT STRENGTHEN THE REGION'S WORKFORCE PIPELINE AND EDUCATIONAL ACCESS.
    Expenses $147,390 · grants $146,582
  • ECONOMIC DEVELOPMENT INVESTMENT: RASI SUPPORTS STRATEGIC ECONOMIC DEVELOPMENT EFFORTS THAT ENHANCE BUSINESS GROWTH AND COMPETITIVENESS IN THE ROCKFORD REGION.
  • COMMUNITY PARTNERSHIPS AND STRATEGIC INITIATIVES: RASI INVESTS IN PARTNERSHIPS THAT ENHANCE QUALITY OF LIFE AND STRENGTHEN THE COMMUNITY'S ECONOMIC VITALITY.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-0964918
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2010
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$120,922
Income (IRS master file)
$146,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$146,879$148,197$120,922XML
990December 2024$358,096$358,425$134,782XML
990-EZDecember 2023$158,390$158,683$23,196XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: ERIC CUNNINGHAM
December 31, 2020≤ $50,000 receipts––e-Postcard
990December 2019–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0964918).

Questions about ROCKFORD AREA STRATEGIC INITIATIVES

What is the EIN of ROCKFORD AREA STRATEGIC INITIATIVES?
The employer identification number (EIN) of ROCKFORD AREA STRATEGIC INITIATIVES is 27-0964918.
Is ROCKFORD AREA STRATEGIC INITIATIVES tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to ROCKFORD AREA STRATEGIC INITIATIVES tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ROCKFORD AREA STRATEGIC INITIATIVES file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ROCKFORD AREA STRATEGIC INITIATIVES due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ROCKFORD AREA STRATEGIC INITIATIVES last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of ROCKFORD AREA STRATEGIC INITIATIVES?
The 990-N for 2020 names ERIC CUNNINGHAM.
Who are the officers and directors of ROCKFORD AREA STRATEGIC INITIATIVES?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does ROCKFORD AREA STRATEGIC INITIATIVES have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $146,879, expenses of $148,197 and total assets of $120,922 at year end.

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