Rockford Local Development

Unknown organization based in Rockford, IL. 7 employees. Exempt under §501(c)(6).

MissionTO ADVANCE THE COMMERCIAL, INDUSTRIAL AND GENERAL WELFARE OF THE CITY OF ROCKFORD, ILLINOIS AND NORTHERN ILLINOIS AND TO ASSIST IN DEVELOPING AND IMPLEMENTING STRATEGIES TO STIMULATE BUSINESS DEVELOPMENT

EIN
36-3038678
State
IL
Sector
Unknown
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$1.1M
Total revenue
$1.3M
Total expenses
$5.2M
Net assets

Financial health · TY 2024

11
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
26
4.7 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

John Phelps
EXECUTIVE DI
$200,606

Is this your organization?

Claim this page for a private dashboard with financial health, peer benchmarks, and comp history.

Claim this page
Rockford Local Development Executive Compensation | 990 Data | DoubleNine