Great River Development Foundation is located in Quincy, IL. The organization was established in 2019. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great River Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Great River Development Foundation generated $57.7k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $39.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (19.4%) per year over the past 2 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
SUPPORT FOR ADAMS COUNTY EMPOWERMENT PROGRAM AND ECONOMIC DEVELOPMENT ACTIVITIES IN ACCORDANCE WITH THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Stalder Chairman | 0 | $0 | |
Dan Henke Vice-Preside | 0 | $0 | |
Tim Finlay Secretary | 0 | $0 | |
Payne Schoen Treasurer | 0 | $0 | |
Kyle Moore President | 0 | $0 | |
Glenn Bemis Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,706 |
Total Program Service Revenue | $6,924 |
Membership dues | $0 |
Investment income | $24 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $57,654 |
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 | $39,658 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $35 |
Total expenses | $39,693 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,270 |
Other assets | $0 |
Total assets | $22,270 |
Total liabilities | $0 |
Net assets or fund balances | $22,270 |