Growth Dimensions For Belvidere- Boone County Inc
- Assets
- $406.0k
- Revenue
- $285.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Belvidere, IL
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 36-3196645
Organization Overview
Growth Dimensions For Belvidere- Boone County Inc is located in Belvidere, IL. The organization was established in 1987. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Growth Dimensions For Belvidere- Boone County Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Growth Dimensions For Belvidere- Boone County Inc 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, Growth Dimensions For Belvidere- Boone County Inc generated $285.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $306.0k 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
GROWTH DIMENSIONS PROMOTES ECONOMIC DEVELOPMENT IN BOONE COUNTY AND SURROUNDING AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND GROWTH OF INDUSTRY AND COMMERCE FOR THE BELVIDERE AND BOONE COUNTY AREA.
GROWTH DIMENSIONS PROMOTES ECONOMIC DEVELOPMENT IN BOONE COUNTY AND THE SURROUNDING AREAS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Lopez-Fettes Executive Di | Officer | 40 | $93,828 |
Robert Opperman President | Officer | $0 | |
Michael St John Vice Preside | Officer | $0 | |
Kristina Govern Secretary | Officer | $0 | |
Michael Goelitz Treasurer | Officer | $0 | |
John Wolf Trustee | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $231,450 |
| Fundraising events | $28,275 |
| Related organizations | $0 |
| Government grants | $21,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,635 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $298,009 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$12,671 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $285,338 |
| 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. | $93,828 |
| Compensation of current officers, directors, key employees. | $4,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,150 |
| Pension plan accruals and contributions | $6,325 |
| Other employee benefits | $21,600 |
| Payroll taxes | $17,068 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $100 |
| Fees for services: Accounting | $12,576 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,600 |
| Advertising and promotion | $4,810 |
| Office expenses | $2,662 |
| Information technology | $9,896 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $986 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,333 |
| Insurance | $3,471 |
| All other expenses | $709 |
| Total functional expenses | $306,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $362,057 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,979 |
| 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 | $4,660 |
| Net Land, buildings, and equipment | $31,279 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $405,975 |
| Accounts payable and accrued expenses | $14,774 |
| Grants payable | $0 |
| Deferred revenue | $54,650 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $69,424 |
| Net assets without donor restrictions | $336,551 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $405,975 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Growth Dimensions For Belvidere- Boone County Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Javon Bea Hospital Rockford, IL PURPOSE: PROGRAM SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnson County Rural Elec Mem Corp Franklin, IN | $152,019,482 | $62,222,719 |
Henry County Rural Electric Membership Corporation New Castle, IN | $59,562,351 | $24,960,625 |
Barton County Elec Coop Inc Lamar, MO | $53,305,232 | $19,554,475 |
Cristo Rey Kansas City Kansas City, MO | $7,796,405 | $4,970,520 |
Center For Technology And Civic Life Chicago, IL | $81,351,444 | $64,574,797 |
City Of Pikeville Exposition Center Corporation Pikeville, KY | $1,321,608 | $4,939,974 |
Southwest Wisconsin Workforce Development Board Inc Platteville, WI | $1,656,815 | $4,473,102 |
Heartland Institute Arlington Heights, IL | $1,778,407 | $4,106,509 |
Brotherhood Of Maintenance Of Way Employees Mayfield, KY | $4,737,490 | $3,573,473 |
Better Government Association Inc Chicago, IL | $3,907,227 | $3,042,344 |
Devou Properties Inc Covington, KY | $3,178,668 | $2,304,792 |
Iowa City Downtown Self Supported Municipal Improvement District Iowa City, IA | $210,596 | $1,321,560 |