Rock Island Economic Growth Corporation
Rock Island Economic Growth Corporation
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About this organization
Mission
To revitalize and stabilize the economy and residential neighborhoods in the Midwest region.
About
Economic Growth Corporation stabilizes and rehabilitates residential neighborhoods in the Midwest region by developing housing, managing housing and providing assistance to homebuyers including, but not limited to, homebuyer and homeowner education, closing cost and down payment assistance, rehabilitation cost assistance and foreclosure prevention.
Interesting data from their 2020 990 filing
The filing specifies the mission of the non-profit as “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.”.
When explaining its duties, they were described as: “To revitalize and stabilize the economy and residential neighborhoods in the midwest region.”.
- The state in which the non-profit is authorized to operate legally is IL.
- According to the filing, the address of the non-profit for the year 2020 is 100 - 19TH STREET STE 109, ROCK ISLAND, IL, 61201.
- The non-profit has reported 29 employees on their form for the year 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $10,064,041.
- The organization has 19 independent voting members.
- The organization was formed in 1982.
- The organization pays $1,206,347 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
Additional Non-Profits in the area
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