Public Charity

ROCK ISLAND ECONOMIC GROWTH CORPORATION

ROCK ISLAND ECONOMIC GROWTH CORPORATION is a nonprofit organization categorized as Public Charity based in ROCK ISLAND, IL. Its most recent IRS filing (2024) reports revenue of $20.0M, expenses of $8.6M, total assets of $48.6M. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $894K.

EIN: 363267851 ROCK ISLAND, IL Latest filing: 2024
Total Revenue$20.0M
Total Expenses$8.6M
Total Assets$48.6M
Grant Records9
Funding Total$894K
Filing Years2019–2024

Mission

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.

Sample Grants Received

2024
SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
$120,000
2023
SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
$120,000
2022
SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
$120,000
2021
HOUSING COUNSELING
$19,373
2020
SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
$120,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Alvaro Macias
BOARD MEMBER Ametra Carrol
FORMER BOARD MEMBER Amy Jones
CONSTRUCTION DIRECTOR Andrew Fisher
PRESIDENT AND CEO Brian Hollenback
DIRECTOR OF PROPERTY MANAGEMENT Carey Jorgensen

Officer compensation and complete director data available with membership.

Top Grant Purposes

SUPPORT FOR LIVE-WORK ROCK ISLAND PROGRAM
$600,000 5 grants
EMPLOYER ASSISTED PROGRAMS AND MARKETING SUPPORT
$260,000 1 grant
HOUSING COUNSELING
$19,373 1 grant
FINANCIAL COUNSELING
$15,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $20.0M $8.6M $48.6M
2023 $4.5M $5.7M $42.7M
2022 $2.4M $5.2M $42.6M
2020 $3.7M $4.5M $30.5M
2019 $2.8M $3.6M $30.0M

Between 2019 and 2024, reported annual revenue grew from $2.8M to $20.0M (+609%), with total assets most recently reported at $48.6M.

Interactive year-over-year charts and full filing details available with membership.

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