RIVER BEND GROWTH ASSOCIATION

EIN: 371172615

GODFREY, IL

Total Revenue
$290,096
Total Expenses
$309,236
Total Assets
$372,179
Net Assets
$218,391
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IL
Principal Officer
JOHN KELLER
Phone
6184672280
Tax Period
2023-07-01 to 2024-06-30

RIVER BEND GROWTH ASSOCIATION, founded in 1985, is a small nonprofit that reported $290K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

TO PROVIDE LEADERSHIP REQUIRED TO ATTRACT, PROMOTE AND SUPPORT NEW AND EXISTING ENTERPRISE GROWTH THROUGHOUT THE RIVER BEND COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $37,047 Revenue: $248,712

ADVANCEMENT OF ECONOMIC, INDUSTRIAL, PROFESSIONAL, CIVIC, AND GENERAL WELFARE IN SOUTHWESTERN ILLINOIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $243,353
Investment Income $5,159
Other Revenue $41,584
TOTAL REVENUE $290,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,404
Fundraising Expenses $0
Program Expenses $37,047
Other Expenses $75,832
TOTAL EXPENSES $309,236

Year-over-Year Comparison

2023 2022 Change
Revenue $290,096 $309,889 -0.1%
Expenses $309,236 $319,436 0.0%
Net Income $-19,140 $-9,547 +1.0%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
30
Independent Members
30
Employees
5
Volunteers
90

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
5
$96,084
Total Directors
29
$96,084
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK DARR DIRECTOR 0.00
Director
$0 $0 $0
MIKE FITZGERALD TREASURER 0.00
Officer Director
$0 $0 $0
MELISSA ERKER DIRECTOR 0.00
Director
$0 $0 $0
JOHN BARNERD DIRECTOR 0.00
Director
$0 $0 $0
JEFF LAURITZEN CHAIRMAN 0.00
Officer Director
$0 $0 $0
BRAD GOACHER PAST CHAIRMAN 0.00
Officer Director
$0 $0 $0
DAN ADAMS DIRECTOR 0.00
Director
$0 $0 $0
AMY ROADY DIRECTOR 0.00
Director
$0 $0 $0
JERALD RUMPH DIRECTOR 0.00
Director
$0 $0 $0
DAN ST PETERS DIRECTOR 0.00
Director
$0 $0 $0
DWIGHT WERTS DIRECTOR 0.00
Director
$0 $0 $0
KAREN WILSON DIRECTOR 0.00
Director
$0 $0 $0
LORI ARTIS DIRECTOR 0.00
Director
$0 $0 $0
ALAN MEYER CHAIRMAN ELECT 0.00
Officer Director
$0 $0 $0
JAKE BODI DIRECTOR 0.00
Director
$0 $0 $0
PAM HEEPKE DIRECTOR 0.00
Director
$0 $0 $0
TIM KUEBRICH DIRECTOR 0.00
Director
$0 $0 $0
JIM RANKIN DIRECTOR 0.00
Director
$0 $0 $0
JAMES ROGALSKY DIRECTOR 0.00
Director
$0 $0 $0
MATT WATERS DIRECTOR 0.00
Director
$0 $0 $0
THOMAS BERRY DIRECTOR 0.00
Director
$0 $0 $0
BRIAN CAMPBELL DIRECTOR 0.00
Director
$0 $0 $0
CODY HINKLE DIRECTOR 0.00
Director
$0 $0 $0
CRYSTAL OFFICER DIRECTOR 0.00
Director
$0 $0 $0
JANE SAALE DIRECTOR 0.00
Director
$0 $0 $0
MARTHA SCHULTS DIRECTOR 0.00
Director
$0 $0 $0
ROB SCHWARTZ DIRECTOR 0.00
Director
$0 $0 $0
BERNIE SEBOLD DIRECTOR 0.00
Director
$0 $0 $0
JOHN KELLER PRESIDENT 40.00
Officer Director
$96,084 $0 $96,084
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 $290,096 $309,236 $372,179 $-19,140
2023 $309,889 $319,436 $367,298 $-9,547
2022 $383,587 $282,454 $391,471 $101,133
2021 $353,452 $322,565 $395,164 $30,887
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