QUAD CITIES CHAMBER FOUNDATION - ILLINOIS

EIN: 364202427 501(c)(3) Philanthropy & Grantmaking

DAVENPORT, IA

Total Revenue
$13,061
Total Expenses
$13,758
Total Assets
$29,692
Net Assets
$29,382
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IL
Principal Officer
STEVE GEIFMAN
Phone
5633221706
Tax Period
2022-07-01 to 2023-06-30

QUAD CITIES CHAMBER FOUNDATION - ILLINOIS, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $13K in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Net assets of $29K represent 27 months of operating reserves.

Mission

THE ORGANIZATION SUPPORTS THE GENERAL PROSPERITY OF ROCK ISLAND COUNTY, ILLINOIS AND THE SURROUNDING ILLINOIS QUAD CITIES AREA.

Program Service Accomplishments

Program 1
Expenses: $13,000

THE ORGANIZATION SUPPORTS THE GENERAL PROSPERITY OF ROCK ISLAND COUNTY, ILLINOIS AND THE SURROUNDING ILLINOIS QUAD CITIES AREA.

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Trantor Score

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

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $13,000
Program Service Revenue $0
Investment Income $61
Other Revenue $0
TOTAL REVENUE $13,061

Expense Breakdown

Grants Paid $13,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,000
Other Expenses $758
TOTAL EXPENSES $13,758

Year-over-Year Comparison

2022 2021 Change
Revenue $13,061 $36,838 -0.6%
Expenses $13,758 $46,779 -0.7%
Net Income $-697 $-9,941 -0.9%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
6
Employees
N/A
Volunteers
8

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
4
$208,289
Total Directors
9
$208,289
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LADRINA WILSON SECRETARY 1.00
Officer Director
$0 $0 $121,452
KERRY SMITH TREASURER 1.00
Officer Director
$0 $5,772 $59,544
BRIETTA COLLIER TREASURER 1.00
Officer Director
$0 $440 $27,293
STEVE BAHLS MEMBER 1.00
Director
$0 $0 $0
STEVE GEIFMAN CHAIR 1.00
Officer Director
$0 $0 $0
TODD HOPKINS MEMBER 1.00
Director
$0 $0 $0
HEIDI PARKHURST MEMBER 1.00
Director
$0 $0 $0
ANNIKA TUNBERG MEMBER 1.00
Director
$0 $0 $0
PAUL VANDUYNE MEMBER 1.00
Director
$0 $0 $0
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
2023 $13,061 $13,758 $29,692 $-697
2022 $36,838 $46,779 $30,239 $-9,941
2021 $28,879 $20,253 $40,065 $8,626
2020 $18,451 $18,985 $31,439 $-534
2019 $126,716 $10,274 $31,928 $116,442
2018 $10,005 $1,801 $30,149 $8,204
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