Rock Falls Community Development Corp is located in Rock Falls, IL. Rock Falls Community Development Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
ROCK FALLS COMMUNITY DEVELOPMENT CORPORATION IS A DEVELOPMENT CORPORATION THAT WORKS WITH PUBLIC AND PRIVATE FUNDING TO ASSIST IN CREATING ECONOMIC DEVELOPMENT IDEAS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randall Balk Secretary | 40 | $47,315 | |
Norm Deets President | 1 | $0 | |
Jack Spencer Member | 1 | $0 | |
Karen Reynolds Treasurer | 1 | $0 | |
Jim King Jr Member | 1 | $0 | |
Dan Arickx Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $133,355 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $482 |
| Total Revenue | $133,865 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $89,550 |
| Professional fees and other payments to independent contractors | $2,855 |
| Occupancy, rent, utilities, and maintenance | $12,437 |
| Printing, publications, postage, and shipping | $51 |
| Other expenses | $13,781 |
| Total expenses | $118,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,133 |
| Other assets | $0 |
| Total assets | $127,982 |
| Total liabilities | $42,392 |
| Net assets or fund balances | $85,590 |