Rock Island Grand Prix Athletic Association is located in Rock Island, IL. The organization was established in 2003. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rock Island Grand Prix Athletic Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Rock Island Grand Prix Athletic Association generated $66.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $69.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE SUPPORT OF THE DOWNTOWN ROCK ISLAND DISTRICT DEVELOPMENT ORGANIZATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger A Ruthhart President | 10 | $0 | |
Debbie Duffy Treasurer | 10 | $0 | |
Joseph Rapp Secretary | 10 | $0 | |
Tyler Schurr Vice Preside | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,650 |
| Total Program Service Revenue | $38,787 |
| Membership dues | $0 |
| Investment income | $37 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $74 |
| Total Revenue | $66,651 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $635 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $274 |
| Other expenses | $68,465 |
| Total expenses | $69,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,947 |
| Other assets | $0 |
| Total assets | $11,947 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,947 |