ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC
Closed

ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC
Closed

Rockford, IL, US
501(c)
EIN
36-3055858

ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC
Closed

Rockford, IL, US
501(c)
EIN
36-3055858

Overview

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Closed

This organization closed in 2023. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.

Est.

1980

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Rockford Area Economic Development Council Inc, identified by EIN 36-3055858, is dedicated to community improvement by cultivating opportunities for primary job growth to enhance the economic well-being of the Rockford region. With an operating budget of $508,000 and total revenue of $677,000 for the 2023 fiscal year, the organization is supported by multiple funders, none of which contribute 50% or more of its revenue. More information about their initiatives can be found on their website, rockfordil.com.

Mission Statement

THE ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL CULTIVATES OPPORTUNITIES FOR PRIMARY JOB GROWTH THAT INCREASE THE ECONOMIC WELL-BEING OF OUR REGION.
Revenues

$677K

Expenses

$508K

Net Income:
+$169K
Assets

$0

Liabilities

$0

Net Assets:
+$0
Operating Budget

$508K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

1

Median grant size
$10K
Largest grant received
$10K
E
Edward Berg
Board Member
C
Conor Brown
Board Member
C
Christopher Anderson
Board Member

Frequently Asked Questions

What is ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC’s budget?
In 2023, ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC reported an annual operating budget of around $508 thousand. More detailed financial information is available to registered users.
What causes does ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC support?
ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC supports work in Community improvement.
Where does ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC operate?
ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC is headquartered in Rockford, IL.
Who funded ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC recently?
In 2022, ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC received grants from NORTHWESTERN ILLINOIS CONTRACTORS ASSOCIATION, GREATER ROCKFORD CHAMBER OF COMMERCE, and OSF Healthcare System. More information on this organization’s funders is available to registered users.
What is the largest grant ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC received in 2022?
The largest grant to ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC in 2022 exceeds $10 thousand.
What is ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC’s reliance on government grants?
ROCKFORD AREA ECONOMIC DEVELOPMENT COUNCIL INC relied on government grants for more than 10% of their total revenue in 2023.
Overview
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