LHousing & ShelterEIN: 363267851· Ruling Year: 1999

Rock Island Economic Growth Corporation

Rock Island, Illinois

BHealth Score
61B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.45×
Peer Median12.01×
💰
$4.5M
Total Revenue
📊
$5.7M
Total Expenses
🏦
$8.3M
Net Assets
📋
$34.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+85.1%
Year-over-year change (2022 → 2023)
Net Margin
-26.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.45
Net assets divided by total expenses
Liabilities-to-Assets
80.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,521,47085%$5,707,85910%$42,717,661
2022$2,442,30919%$5,200,7108%$42,645,5855%
2021$2,050,44645%$4,795,2227%$40,516,92933%
2020$3,732,41332%$4,478,93125%$30,458,3251%
2019$2,817,95580%$3,577,9725%$30,020,6233%
2018$13,825,139282%$3,761,09814%$31,046,04659%
2017$3,620,32832%$3,295,0958%$19,467,13515%
2016$2,735,34650%$3,578,43343%$16,937,7959%
2015$5,455,9793%$6,262,60536%$15,547,7644%
2014$5,652,5977%$4,600,7812%$14,971,68127%
2013$6,084,14012%$4,688,27225%$11,826,71622%
2012$6,900,96348%$6,275,77157%$9,674,52021%
2011$13,303,594$14,606,162$12,307,884

Frequently Asked Questions

What does Rock Island Economic Growth Corporation do?

Rock Island Economic Growth Corporation is a housing & shelter nonprofit organization based in Illinois. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rock Island Economic Growth Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Rock Island Economic Growth Corporation has a score of 61/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Rock Island Economic Growth Corporation generate?

Rock Island Economic Growth Corporation reports $20.0M in annual revenue and holds $48.6M in total assets, based on IRS filings.

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