DEVELOPMENT ASSOCIATION OF ROCK ISLAND (EIN 362757981) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

BRIAN HOLLENBACK

Phone

3097321186

Tax Period

2023-01-01 to 2023-12-31

DEVELOPMENT ASSOCIATION OF ROCK ISLAND, founded in 1973, is a small nonprofit that reported $778K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $694K left a modest 11% surplus.

Mission

TO PROMOTE COMMERCIAL, INDUSTRIAL, AND RECREATIONAL DEVELOPMENT IN ROCK ISLAND, ILLINOIS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $534,914

Program Service Revenue $231,300

Investment Income $5,117

Other Revenue $7,029

TOTAL REVENUE $778,360

Expense Breakdown

Grants Paid $137,635

Salaries & Benefits $239,752

Fundraising Expenses $0

Other Expenses $316,142

TOTAL EXPENSES $693,529

Year-over-Year Comparison

	2023	2022	Change
Revenue	$778,360	$575,027	+0.4%
Expenses	$693,529	$659,459	+0.1%
Net Income	$84,831	$-84,432	-2.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$148,863

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIRK ANDERSON	MEMBER	1.00	Director	$0	$0	$0
MOLLY ARP NEWELL	MEMBER	1.00	Director	$0	$0	$0
PAT BALDWIN	MEMBER	1.00	Director	$0	$0	$0
JENNIFER BARTON	MEMBER	1.00	Director	$0	$0	$0
NATHAN BILLANY	MEMBER	1.00	Director	$0	$0	$0
TOM BOWMAN	MEMBER	1.00	Director	$0	$0	$0
NATE CLARK	MEMBER	1.00	Director	$0	$0	$0
JOHN DALY	MEMBER	1.00	Director	$0	$0	$0
JAMIE DERUDDER	MEMBER	1.00	Director	$0	$0	$0
JEFF DISMER	MEMBER	1.00	Director	$0	$0	$0
DARYL EMPEN	MEMBER	1.00	Director	$0	$0	$0
JOHN FRIEDERICH	MEMBER	1.00	Director	$0	$0	$0
MICHAEL GLANZ	MEMBER	1.00	Director	$0	$0	$0
TROY GREEN	CHAIR	1.00	Officer Director	$0	$0	$0
TRAVIS HANKINS	MEMBER	1.00	Director	$0	$0	$0
BRETT HITCHCOCK	MEMBER	1.00	Director	$0	$0	$0
TONY JAEGER	MEMBER	1.00	Director	$0	$0	$0
THERESA JONES	MEMBER	1.00	Director	$0	$0	$0
NATHAN KESSLER	MEMBER	1.00	Director	$0	$0	$0
MARY LANG	MEMBER	1.00	Director	$0	$0	$0
ERIC LANGAN	MEMBER	1.00	Director	$0	$0	$0
REGINALD LAWRENCE	FORMER MEMBER	1.00	Director	$0	$0	$0
AJ LOSS	MEMBER	1.00	Director	$0	$0	$0
MARCY MENDENHALL	MEMBER	1.00	Director	$0	$0	$0
JEFF NELSON	MEMBER	1.00	Director	$0	$0	$0
FRANK NOWINSKI	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
STEVE OLLENBURG	MEMBER	1.00	Director	$0	$0	$0
CARRIE O'NEIL	MEMBER	1.00	Director	$0	$0	$0
TED PAPPAS	MEMBER	1.00	Director	$0	$0	$0
JUSTIN PETERSON	MEMBER	1.00	Director	$0	$0	$0
PAUL PHARES	MEMBER	1.00	Director	$0	$0	$0
ISHA READING	MEMBER	1.00	Director	$0	$0	$0
JEFF ROSE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KEVIN SCHOONMAKER	MEMBER	1.00	Director	$0	$0	$0
MARK SCHWIEBERT	MEMBER	1.00	Director	$0	$0	$0
AJ SINGH	MEMBER	1.00	Director	$0	$0	$0
DANIEL SOLCHENBERGER	MEMBER	1.00	Director	$0	$0	$0
GREG THEIS	MEMBER	1.00	Director	$0	$0	$0
TODD THOMPSON	MEMBER	1.00	Director	$0	$0	$0
TOM THOMS	MEMBER	1.00	Director	$0	$0	$0
JOHN VANDEVELDE	MEMBER	1.00	Director	$0	$0	$0
ELIZABETH TALLMAN	VICE PRESIDENT OF DEVELOPMENT	40.00	Officer	$128,165	$20,698	$148,863

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$778,360	$693,529	$1,622,680	$84,831
2022	$575,027	$659,459	$1,621,509	$-84,432
2021	$798,548	$681,343	$1,765,874	$117,205
2020	$410,117	$673,128	$1,674,020	$-263,011
2019	$619,474	$569,721	$2,056,578	$49,753
2018	$750,510	$713,001	$2,092,609	$37,509

DEVELOPMENT ASSOCIATION OF ROCK ISLAND