Rockford Association Of Minority Management
- Assets
- $204.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 02/1986
- Data as of
- 12/2021
- EIN
- 36-3157584
Organization Overview
Rockford Association Of Minority Management is located in Rockford, IL. The organization was established in 1986. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockford Association Of Minority Management 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 12/2021, Rockford Association Of Minority Management generated $64.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $6.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO GRADUATING HIGH SENIORS,THENUMBER OF AND AMOUNTS DEPEND ON ANNUAL BANQUETFUNDS RAISED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Cook-Kendall Vice Pres. | 1 | $0 | |
Cheryl Floyd Sec. | 1 | $0 | |
Angela Hite-Carter Pres. | 1 | $0 | |
Dennis Bias Treas | 2 | $0 | |
Cyrus Oates Asst. Treas. | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,813 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,900 |
| Investment income | $9,858 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$18,929 |
| Other Revenue | $0 |
| Total Revenue | $64,642 |
| 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 | $2,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,153 |
| Total expenses | $6,553 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $203,523 |
| Other assets | $0 |
| Total assets | $204,023 |
| Total liabilities | $21,375 |
| Net assets or fund balances | $182,648 |
Peer Organizations
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|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |