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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Growth Dimensions for Belvidere & Boone County Inc ($8,500).
| Recipient | Purpose | Amount |
|---|---|---|
| GROWTH DIMENSIONS FOR BELVIDERE & BOONE COUNTY INC BELVIDERE, IL | GENERAL SUPPORT | $8,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES BARRETT | BOARD MEMBER | 1 | — |
| BRAD LONG | BOARD MEMBER | 1 | — |
| LINDA MCHUGH | BOARD MEMBER | 1 | — |
| KEITH GAHL | SECRETARY | 1 | — |
| FORTUNATO SALAMONE | CO-CHAIR | 1 | — |
| DAVID ANSPAUGH | BOARD MEMBER | 1 | — |
| MARK SZULA | BOARD MEMBER - PAST | 1 | — |
| RICHARD SHUGA | BOARD MEMBER | 1 | — |
| BILL SPRAGUE | CO-CHAIR | 1 | — |
| TRAVIS GORMAN | BOARD MEMBER | 1 | — |
| JOSEPH COOK | BOARD MEMBER | 1 | — |
| DEBRA SULLIVAN | TREASURER | 1 | — |
| ERIK CALVERT | BOARD MEMBER | 1 | — |
| LEN SAUNDERS | BOARD MEMBER | 1 | — |
| LARRY ROWLETT | BOARD MEMBER | 1 | — |
| MARK PALMER | BOARD MEMBER | 1 | — |
| FRANK TARARA | BOARD MEMBER - PAST | 1 | — |
| ART STURMS | BOARD MEMBER - PAST | 1 | — |
| GREG HARLE | BOARD MEMBER - PAST | 1 | — |
| TOM MATUS | BOARD MEMBER - NEW | 1 | — |
| MIKE GETZELMAN | BOARD MEMBER - NEW | 1 | — |
| MATT TRIELOFF | BOARD MEMBER - NEW | 1 | — |
| RYAN MARSHALL | BOARD MEMBER - NEW | 1 | — |
| PAUL NOLLEY | EXECUTIVE DIRECTOR | 40 | $95,466 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Project First Rate?
Project First Rate is a nonprofit organization focused on Community Improvement & Capacity Building, based in ROCKFORD, IL. It holds $126K in total assets as of 2025.
How large is Project First Rate?
As of 2025, Project First Rate holds $126K in total assets with $295K in annual revenue. It awarded 1 grants totaling $9K in 2025.
Where does Project First Rate operate?
Project First Rate has awarded grants in Illinois.
What size grants does Project First Rate award?
In 2025, Project First Rate awarded 1 grants totaling $9K — an average of about $9K per grant, based on its IRS Form 990 filings.
What is Project First Rate's EIN?
Project First Rate's EIN (Employer Identification Number) is 80-0906394. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Project First Rate's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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