Civic Intelligence

Rock Island Arsenal Development Group

990 • Fiscal year 2018 • EIN 20-0246194

Oct 01, 2017 to Sep 30, 2018 • Filed on Jan 16, 2019

1634 Whittemore Street No 208Rock Island, IL 61201

(309) 782-2030

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$1,123,300

Flat from 2018

Net Assets

Flat

$1,109,941

Flat from 2018

Liabilities

Flat

$13,359

Flat from 2018

Revenue And Expenses

Revenue

Flat

-$3,584

Flat from 2018

Expenses

Flat

$268,252

Flat from 2018

Net Income

Flat

-$271,836

Flat from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $2,213,874Liabilities 2010: $797,015Net Assets 2010: $1,416,8592010Assets 2011: $1,787,622Liabilities 2011: $61,289Net Assets 2011: $1,726,3332011Assets 2012: $1,773,602Liabilities 2012: $37,399Net Assets 2012: $1,736,2032012Assets 2013: $1,832,113Liabilities 2013: $37,491Net Assets 2013: $1,794,6222013Assets 2014: $1,854,792Liabilities 2014: $30,717Net Assets 2014: $1,824,0752014Assets 2015: $1,826,219Liabilities 2015: $45,196Net Assets 2015: $1,781,0232015Assets 2016: $1,702,720Liabilities 2016: $27,329Net Assets 2016: $1,675,3912016Assets 2017: $1,418,759Liabilities 2017: $36,982Net Assets 2017: $1,381,7772017Assets 2018: $1,123,300Liabilities 2018: $13,359Net Assets 2018: $1,109,9412018Assets 2018: $1,123,300Liabilities 2018: $13,359Net Assets 2018: $1,109,9412018Assets 2019: $804,967Liabilities 2019: $13,094Net Assets 2019: $791,8732019Assets 2021: $481,253Liabilities 2021: $56Net Assets 2021: $481,1972021Assets 2022: $460,261Liabilities 2022: $124,479Net Assets 2022: $335,7822022Assets 2023: $353,654Liabilities 2023: $151,885Net Assets 2023: $201,7692023

Highlighted filing

2018

Assets$1,123,300
Liabilities$13,359
Net Assets$1,109,941

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $7,374,6652010Revenue 2011: $4,908,598Expenses 2011: $4,599,124Net Income 2011: $309,4742011Expenses 2012: $1,525,1862012Revenue 2013: $375,875Expenses 2013: $317,456Net Income 2013: $58,4192013Revenue 2014: $312,658Expenses 2014: $283,205Net Income 2014: $29,4532014Revenue 2015: $237,983Expenses 2015: $281,071Net Income 2015: -$43,0882015Revenue 2016: $190,781Expenses 2016: $296,413Net Income 2016: -$105,6322016Revenue 2017: $26,284Expenses 2017: $319,898Net Income 2017: -$293,6142017Revenue 2018: -$3,584Expenses 2018: $268,252Net Income 2018: -$271,8362018Revenue 2018: -$3,584Expenses 2018: $268,252Net Income 2018: -$271,8362018Revenue 2019: $20,284Expenses 2019: $338,352Net Income 2019: -$318,0682019Revenue 2021: $370Expenses 2021: $132,900Net Income 2021: -$132,5302021Revenue 2022: $71,543Expenses 2022: $216,958Net Income 2022: -$145,4152022Revenue 2023: $127,339Expenses 2023: $261,352Net Income 2023: -$134,0132023

Highlighted filing

2018

Revenue-$3,584
Expenses$268,252
Net Income-$271,836
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jan 16, 2019
Return Version
2017v2.3
Gross Receipts
$206,265
Mission and Program Overview

Mission

Rock island arsenal defense alliance is a community led organization that is dedicated to the support and promotion of the rock island arsenal ("ria") and the quad cities region's defense industry.

To market, negotiate, lease, and manage administrative, manufacturing, and warehouse space that is currently not being utilized by the rock island arsenal.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,229,600--
Cash and Non-Interest-Bearing Accounts$135,134$1,122,198▲ $987,064
Land, Buildings, and Equipment, Net$12,680--
Prepaid Expenses and Deferred Charges$41,345$1,102▼ $40,243
Total Assets$1,418,759$1,123,300▼ $295,459
Liabilities
Accounts Payable and Accrued Expenses$36,982$13,359▼ $23,623
Total Liabilities$36,982$13,359▼ $23,623
Net Assets / Fund Balance
Unrestricted Net Assets$1,381,777$1,109,941▼ $271,836
Total Net Assets Fund Balance$1,381,777$1,109,941▼ $271,836
Total Liabilities and Net Assets / Fund Balance$1,418,759$1,123,300▼ $295,459
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim FryeSite ManagerFT$84,180$22,919$107,099
Jimmy MorganProgram DirectorPT$3,931$354$4,285

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-319
Other Revenue
$-3,265
Change in Net Assets
$-271,836

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,166
Revenue Not Reported on Financial Statements
$-10,750
Revenue Not Reported on Form 990
$199,099
Other Revenue Adjustments
$-10,750
Total Revenue per Audited Statements
$206,265
Total Revenue per Form 990
$-3,584
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$195,067
Salaries, Compensation, and Employee Benefits$73,185
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$63,495--$63,495
Fees for Services Accounting$14,205--$14,205
Conferences and Meetings$13,690--$13,690
Information Technology$8,224--$8,224
Payroll Taxes$5,797--$5,797
Occupancy$5,412--$5,412
Insurance$4,058--$4,058
Other Salaries and Wages$3,032--$3,032
Advertising$2,370--$2,370
Depreciation Depletion$1,930--$1,930
Office Expenses$844--$844
Fees for Services Legal$592--$592
Pension Plan Contributions$462--$462
Other Employee Benefits$399--$399
Other Expenses$250--$250
Total Functional Expenses$268,252$0$0$268,252

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$478,101
Expenses per Audited Statements$279,002
Total Expenses per Form 990$268,252
Expenses Not Reported on Form 990$199,099
Expenses Not Reported on Financial Statements$-10,750
Other Expense Adjustments$-10,750
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Board members william fitzsimmons and deborah petersen have a family relationship.

Form 990, Part VI, Section B, Line 11B

The organization's governing body reviews and approves the form 990 before it is filed.

Form 990, Part VI, Section B, Line 15

The executive committee is responsible for compensation and bonus values, which are reported to the board of directors. Each compensated person receives a performance review.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy, and financial statements are available upon request.

Part VII, Section A, Column D

The organization's employee compensation, including health and retirement benefits, is paid by the bi-state regional commission. The bi-state regional commission is reimbursed for the organization's compensation expense plus a service fee.

Filing and Contact Details

Filer

Filer Name
Rock Island Arsenal Development Group
EIN
20-0246194
Phone
3097822030
Address
1634 WHITTEMORE STREET NO 208, ROCK ISLAND, IL 61201

Signing Officer

Name
Tim Frye
Title
Site Manager
Phone
3097822030
Signed
2019-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Frye
Formed
2003
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
2
Volunteers
0

Preparer

Firm
Carpentier Mitchell Goddard & Co LLC
Address
4915 - 21ST AVENUE A, MOLINE, IL 61265
Preparer
James E Taylor
Phone
3097623626
Supplemental Narrative

Additional Explanations

Part XI, Line 2C

The organization has a committee that assumes responsibility for oversight of the audit and selection of an independent accountant. The process has not changed.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

LEASE EXPENSE: $199,099

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Loss on sale of equipment $10,750

PART XII, LINE 2D - OTHER ADJUSTMENTS:

LEASE EXPENSE: $199,099

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Loss on sale of equipment $10,750

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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0399
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0399
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1AIRPORT DISPLAY
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3DONATIONS
IRS990/OtherExpensesGrp/ProgramServicesAmt0137163
IRS990/OtherExpensesGrp/ProgramServicesAmt14668
IRS990/OtherExpensesGrp/ProgramServicesAmt21661
IRS990/OtherExpensesGrp/ProgramServicesAmt3250
IRS990/OtherExpensesGrp/TotalAmt0137163
IRS990/OtherExpensesGrp/TotalAmt14668
IRS990/OtherExpensesGrp/TotalAmt21661
IRS990/OtherExpensesGrp/TotalAmt3250
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03032
IRS990/OtherSalariesAndWagesGrp/TotalAmt03032
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt05797
IRS990/PayrollTaxesGrp/TotalAmt05797
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0462
IRS990/PensionPlanContributionsGrp/TotalAmt0462
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041345
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01102
IRS990/PrincipalOfficerNm0TIM FRYE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0LEASING: THE ORGANIZATION MARKETS, LEASES AND MANAGES UNDERUTILIZED ADMINISTRATIVE, MANUFACTURING AND WAREHOUSE PROPERTY ON ROCK ISLAND ARSENAL.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt03861
IRS990/PYOtherExpensesAmt0160647
IRS990/PYOtherRevenueAmt022423
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-293614
IRS990/PYSalariesCompEmpBnftPaidAmt0159251
IRS990/PYTotalExpensesAmt0319898
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt026284
IRS990/ReconcilationRevenueExpnssAmt0-271836
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-3265
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01229600
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt0199099
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0-10750
IRS990ScheduleD/ExpensesSubtotalAmt0279002
IRS990ScheduleD/OtherExpensesIncludedAmt0199099
IRS990ScheduleD/OtherExpensesNotIncludedAmt0-10750
IRS990ScheduleD/OtherRevenueAmt0199099
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-10750
IRS990ScheduleD/RevenueNotReportedAmt0199099
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-10750
IRS990ScheduleD/RevenueSubtotalAmt07166
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LEASE EXPENSE: $199,099
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1LOSS ON SALE OF EQUIPMENT $10,750
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2LEASE EXPENSE: $199,099
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3LOSS ON SALE OF EQUIPMENT $10,750
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0268252
IRS990ScheduleD/TotalRevenuePerForm990Amt0-3584
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0206265
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0478101
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD MEMBERS WILLIAM FITZSIMMONS AND DEBORAH PETERSEN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S GOVERNING BODY REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR COMPENSATION AND BONUS VALUES, WHICH ARE REPORTED TO THE BOARD OF DIRECTORS. EACH COMPENSATED PERSON RECEIVES A PERFORMANCE REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S EMPLOYEE COMPENSATION, INCLUDING HEALTH AND RETIREMENT BENEFITS, IS PAID BY THE BI-STATE REGIONAL COMMISSION. THE BI-STATE REGIONAL COMMISSION IS REIMBURSED FOR THE ORGANIZATION'S COMPENSATION EXPENSE PLUS A SERVICE FEE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XI, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PART VII, SECTION A, COLUMN D
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01418759
IRS990/TotalAssetsEOYAmt01123300
IRS990/TotalAssetsGrp/BOYAmt01418759
IRS990/TotalAssetsGrp/EOYAmt01123300
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0268252
IRS990/TotalFunctionalExpensesGrp/TotalAmt0268252
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt036982
IRS990/TotalLiabilitiesEOYAmt013359
IRS990/TotalLiabilitiesGrp/BOYAmt036982
IRS990/TotalLiabilitiesGrp/EOYAmt013359
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01381777
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01109941
IRS990/TotalOtherCompensationAmt023273
IRS990/TotalProgramServiceExpensesAmt0268252
IRS990/TotalReportableCompFromOrgAmt088111
IRS990/TotalRevenueGrp/ExclusionAmt010431
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-14015
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0-3584
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01418759
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01123300
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01381777
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01109941
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01634 WHITTEMORE STREET NO 208
IRS990/USAddress/CityNm0ROCK ISLAND
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd061201
IRS990/VotingMembersGoverningBodyCnt016
IRS990/VotingMembersIndependentCnt016
IRS990/WebsiteAddressTxt0WWW.RIADG.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.35$0.15$0.20$0.13$0.26$0.13
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.46$0.12$0.34$0.07$0.22$0.15
2021Summary only. Only limited summary data is available for this year.$0.48$0.00$0.48$0.00$0.13$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.80$0.01$0.79$0.02$0.34$0.32
2018Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.11$0.00$0.27$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.11$0.00$0.27$0.27
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.04$1.38$0.03$0.32$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.03$1.68$0.19$0.30$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.83$0.05$1.78$0.24$0.28$0.04
2014Summary only. Only limited summary data is available for this year.$1.85$0.03$1.82$0.31$0.28$0.03
2013Summary only. Only limited summary data is available for this year.$1.83$0.04$1.79$0.38$0.32$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.77$0.04$1.74$1.53
2011Summary only. Only limited summary data is available for this year.$1.79$0.06$1.73$4.91$4.60$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.21$0.80$1.42$7.37