Project First Rate logo

Project First Rate

ROCKFORD, IL EIN: 80-0906394 Website

ORGANIZED TRADES COUNCIL

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$126K

-6.9% YoY

Annual Giving

$9K

-65.6% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$9K

+3.1% YoY

About Project First Rate

Based on IRS filings

Project First Rate is a nonprofit organization focused on Community Improvement & Capacity Building, based in ROCKFORD, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $126K in total assets. In 2025, it awarded 1 grants totaling $9K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BelvidereLoves ParkRockford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$84K$168K$252K$336K202020212022202320242025
Metric202520242023
Total Assets$126,201$135,528$158,029
Revenue$295,209$283,255$264,057
Expenses$304,593$305,596$292,661
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$35K$47K0 grants20200 grants20211 grants20225 grants20233 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

GROWTH DIMENSIONS FOR BE…$9K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

PAUL NOLLEYEXECUTIVE DIRECTOR$95K

From 2025 filing

NameTitleHoursCompensation
CHARLES BARRETTBOARD MEMBER1
BRAD LONGBOARD MEMBER1
LINDA MCHUGHBOARD MEMBER1
KEITH GAHLSECRETARY1
FORTUNATO SALAMONECO-CHAIR1
DAVID ANSPAUGHBOARD MEMBER1
MARK SZULABOARD MEMBER - PAST1
RICHARD SHUGABOARD MEMBER1
BILL SPRAGUECO-CHAIR1
TRAVIS GORMANBOARD MEMBER1
JOSEPH COOKBOARD MEMBER1
DEBRA SULLIVANTREASURER1
ERIK CALVERTBOARD MEMBER1
LEN SAUNDERSBOARD MEMBER1
LARRY ROWLETTBOARD MEMBER1
MARK PALMERBOARD MEMBER1
FRANK TARARABOARD MEMBER - PAST1
ART STURMSBOARD MEMBER - PAST1
GREG HARLEBOARD MEMBER - PAST1
TOM MATUSBOARD MEMBER - NEW1
MIKE GETZELMANBOARD MEMBER - NEW1
MATT TRIELOFFBOARD MEMBER - NEW1
RYAN MARSHALLBOARD MEMBER - NEW1
PAUL NOLLEYEXECUTIVE DIRECTOR40$95,466

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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