Quad-City Construction Industry Advancement Trust is located in Rock Island, IL. The organization was established in 1968. According to its NTEE Classification (U01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quad-City Construction Industry Advancement Trust is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Quad-City Construction Industry Advancement Trust generated $317.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $255.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTING, IMPROVING AND ADVANCING THE CONSTRUCTION INDUSTRY IN THE QUAD- CITY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING, IMPROVING AND ADVANCING THE CONSTRUCTION INDUSTRY IN THE QUAD- CITY AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steve Tondi CEO | Officer | 40 | $128,783 |
James K Peterson Trustee | OfficerTrustee | 1 | $0 |
Kent Pilcher Trustee | OfficerTrustee | 1 | $0 |
Jim Hayne Trustee | OfficerTrustee | 1 | $0 |
Scott Fournier Trustee | OfficerTrustee | 1 | $0 |
Brad Treiber Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $282,994 |
Investment income | $11,550 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $21,260 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $317,804 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $162,750 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,285 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,981 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,020 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $731 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $23,606 |
Travel | $5,292 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,147 |
Insurance | $10,096 |
All other expenses | $4,380 |
Total functional expenses | $255,047 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $79,861 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $188,242 |
Investments—publicly traded securities | $514,830 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $782,933 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $2,313 |
Other liabilities | $0 |
Total liabilities | $2,313 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $780,620 |
Total liabilities and net assets/fund balances | $782,933 |
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American Ai Forum Chicago, IL | $280,315 | $759,279 |
Northern Illinois Bldg Contractors Construction Ind Advancement Fund Rockford, IL | $1,337,263 | $562,062 |
Will Grundy Construction Industry Advancement Trust Joliet, IL | $515,492 | $512,953 |
Construction Advancement Program Of Central Indiana Inc Indianapolis, IN | $2,597,874 | $720,783 |
Blockchain Institute Chicago, IL | $110,343 | $249,973 |
Chicago Council On Science Andtechnology Chicago, IL | $95,252 | $292,057 |
Quad-City Construction Industry Advancement Trust Rock Island, IL | $782,933 | $317,804 |
Missouri Construction Industry Advancement Fund Jefferson City, MO | $0 | $0 |
North American Plant Phenotyping Network Saint Louis, MO | $9,415 | $0 |