THE MISSION OF ROCK ISLAND ECONOMIC GROWTH CORPORATION IS TO RENOVATE AND BUILD NEW SINGLE FAMILY OR MULTI-FAMILY HOUSING IN THE MIDWEST REGION; TO FOSTER LOW-INCOME HOUSING THAT: ENHANCES THE OVERALL IMAGE AND ECONOMIC VITALITY OF THE REGION; IMPROVES HOUSING MARKET DYNAMICS IN THE REGION, ESPECIALLY IN ITS OLDER, BLIGHTED NEIGHBORHOODS; ENCOURAGES HOME OWNERSHIP; IS COMMITTED TO DEVELOPING AFFORDABLE HOUSING; PROMOTES BUILDING CONSTRUCTION AND MAINTENANCE, TRAINING OF HOMEBUYERS AND NEIGHBORHOOD RESIDENTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$48.6M
+13.8% YoY
Annual Giving
$50K
Grant Count
1
Avg Grant Size
$50K
About Rock Island Economic Growth Corporation
Based on IRS filings
Rock Island Economic Growth Corporation is a nonprofit organization focused on Housing & Shelter, based in ROCK ISLAND, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $48.6M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $529K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $48,614,036 | $42,717,661 | $42,645,585 |
| Revenue | $19,970,238 | $4,521,470 | $2,442,309 |
| Expenses | $8,599,521 | $5,707,859 | $5,200,710 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $529,324 | $109,400 | $-1,658,837 |
| 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 2024
Grant Size Distribution
1 grants across all recorded years
Open Grants
3 open opportunities from Rock Island Economic Growth Corporation
Illinois Court-Based Rental Assistance Program (CBRAP)
ROCK ISLAND ECONOMIC GROWTH CORPORATION
Amount
Up to $25,000
Deadline
Rolling / Open
Illinois Homeowner Assistance Fund (ILHAF)
ROCK ISLAND ECONOMIC GROWTH CORPORATION
Amount
Varies
Deadline
Rolling / Open
Moline Downpayment Housing Program
ROCK ISLAND ECONOMIC GROWTH CORPORATION
Amount
Up to 3-5% of home purchase price + up to $1,500 closing costs
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Living Lands & Waters ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIVING LANDS & WATERS EAST MOLINE, IL | SUPPORT FOR EDUCATIONAL WORKSHOPS AT THE MISSISSIPPI RIVER INSTITUTE | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AMETRA CARROL | BOARD MEMBER | 1 | — |
| DAMITA DAVIS-WREN | BOARD MEMBER | 1 | — |
| RYAN HATTEN | BOARD MEMBER | 1 | — |
| DENISE ISAAC | BOARD MEMBER | 1 | — |
| AMY JONES | FORMER BOARD MEMBER | 1 | — |
| ALVARO MACIAS | BOARD MEMBER | 1 | — |
| LOREDIA NUNN-DIXON | BOARD MEMBER | 1 | — |
| STEVE OLLENBURG | VICE CHAIRPERSON | 1 | — |
| LINDSEY RAMOS | BOARD MEMBER | 1 | — |
| STELLA SCHNEEKLOTH | BOARD MEMBER | 1 | — |
| JANE SCHNEIDER | TREASURER/PAST CHAIRPERSON | 1 | — |
| PHYLLIS SCHWINDT | SECRETARY | 1 | — |
| SHELLEY SHEEHY | BOARD MEMBER | 1 | — |
| KATHY SPRINGER | CHAIRPERSON | 1 | — |
| DARRYL THOMPSON | BOARD MEMBER | 1 | — |
| SHELLY TUCCIARELLI | BOARD MEMBER | 1 | — |
| BRIAN HOLLENBACK | PRESIDENT AND CEO | 40 | $112,798 |
| CYNTHIA BERG | CHIEF FINANCIAL OFFICER | 40 | $154,629 |
| CAREY JORGENSEN | DIRECTOR OF PROPERTY MANAGEMENT | 40 | $101,579 |
| ELIZABETH PAYNE | VICE PRESIDENT | 40 | $103,330 |
| ANDREW FISHER | CONSTRUCTION DIRECTOR | 40 | $113,392 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Rock Island Economic Growth Corporation?
Rock Island Economic Growth Corporation is a nonprofit organization focused on Housing & Shelter, based in ROCK ISLAND, IL. It holds $48.6M in total assets as of 2024.
How large is Rock Island Economic Growth Corporation?
As of 2024, Rock Island Economic Growth Corporation holds $48.6M in total assets with $20.0M in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does Rock Island Economic Growth Corporation operate?
Rock Island Economic Growth Corporation has awarded grants in Illinois.
What size grants does Rock Island Economic Growth Corporation award?
In 2024, Rock Island Economic Growth Corporation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
What is Rock Island Economic Growth Corporation's EIN?
Rock Island Economic Growth Corporation's EIN (Employer Identification Number) is 36-3267851. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Rock Island Economic Growth Corporation'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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