Moline Community Development Corporation Nfp
- Assets
- $69.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Moline, IL
- Founding
- 04/2010
- Data as of
- 12/2023
- EIN
- 26-4075669
Organization Overview
Moline Community Development Corporation Nfp is located in Moline, IL. The organization was established in 2010. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Moline Community Development Corporation Nfp 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, Moline Community Development Corporation Nfp generated $72.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $131.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Meuser Chair | 2 | $0 | |
Jean Edmunds Vice Chair | 1 | $0 | |
Bill Abel Secretary | 2 | $0 | |
Christie Coverdill Treasurer | 2 | $0 | |
Julie Bailey Director | 1 | $0 | |
Josie Lopez Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,180 |
| Total Program Service Revenue | $3,315 |
| Membership dues | $0 |
| Investment income | $12 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,507 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $112,825 |
| Professional fees and other payments to independent contractors | $3,982 |
| Occupancy, rent, utilities, and maintenance | $3,709 |
| Printing, publications, postage, and shipping | $678 |
| Other expenses | $10,734 |
| Total expenses | $131,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,990 |
| Other assets | $0 |
| Total assets | $68,990 |
| Total liabilities | $10,250 |
| Net assets or fund balances | $58,740 |