Mission
THE PRIMARY ROLE OF THE ROCKFORD AREA STRATEGIC INITIATIVE IS TO ENHANCE EDUCATION, COMMERCE, TRADE AND ECONOMIC DEVELOPMENT IN THE ROCKFORD REGION
Small Public Charity
ROCKFORD AREA STRATEGIC INITIATIVES
Based in ROCKFORD, IL, ROCKFORD AREA STRATEGIC INITIATIVES operates as a Small Public Charity. The organization reported $147K in revenue, $148K in expenses, $121K in total assets for fiscal year 2025. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $131K.
EIN: 270964918
ROCKFORD, IL
Small Business Development
NTEE: S43
Latest filing: 2025
Total Revenue$147K
Total Expenses$148K
Total Assets$121K
Grant Records5
Funding Total$131K
Filing Years2019–2025
Where $100 goes at Rockford Area Strategic Initiatives
How Rockford Area Strategic Initiatives divides every $100 it spends, from its own Form 990-EZ filings, averaged across 6 years.
$78
Programs
the work itself
$22
Everything else
operations and overhead
Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.
Inside the $78 for programs
$26
Workforce and education support
$26
Economic development investment
$26
Community partnerships and strategic initiatives
Source: Form 990-EZ filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
$15,000
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
$40,850
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
$25,000
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
$25,000
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
$25,000
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
DIRECTOR
Jeff Hultman
CHAIR
Kaleb Price
TREASURER
Nate Jordan
DIRECTOR
Troy Haggestad
DIRECTOR
Wendy Alsteen
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $147K | $148K | $121K |
| 2024 | $358K | $358K | $135K |
| 2023 | $158K | $159K | $23K |
| 2022 | $101K | $133K | $23K |
| 2019 | $758 | $12K | $87K |
Between 2019 and 2025, reported annual revenue grew from $758 to $147K (+19277%), with total assets most recently reported at $121K.
Interactive year-over-year charts and full filing details available with membership.