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
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Rock Island Economic Growth Corporation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
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