Civic Intelligence

Rock Island Arsenal Development Group

990 • Fiscal year 2022 • EIN 20-0246194

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 21, 2023

331 W 3rd Street Suite 100Davenport, IA 52801

(563) 322-1706

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

85th percentile

0.27x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

1.74x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Net Margin

2nd percentile

-203%

Higher net margin than 2% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$41,938

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 58.6% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

40th percentile

-4.4%

Faster asset growth than 40% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

100th percentile

19236%

Faster revenue growth than 100% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Down

$460,261

Down $20,992 (-4.4%) from 2021

Net Assets

Down

$335,782

Down $145,415 (-30%) from 2021

Liabilities

Up

$124,479

Up $124,423 (+222184%) from 2021

Revenue

Up

$71,543

Up $71,173 (+19236%) from 2021

Expenses

Up

$216,958

Up $84,058 (+63%) from 2021

Net Income

Down

-$145,415

Down $12,885 (-9.7%) from 2021

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 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

2022

Assets$460,261
Liabilities$124,479
Net Assets$335,782

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 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

2022

Revenue$71,543
Expenses$216,958
Net Income-$145,415
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 21, 2023
Return Version
2021v4.0
Gross Receipts
$71,543
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.

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$472,569$415,461▼ $57,108
Accounts Receivable-$44,800-
Prepaid Expenses and Deferred Charges$8,684--
Total Assets$481,253$460,261▼ $20,992
Liabilities
Deferred Revenue-$124,468-
Accounts Payable and Accrued Expenses$45--
Other Liabilities$11$11→ $0
Total Liabilities$56$124,479▲ $124,423
Net Assets / Fund Balance
Net Assets With Donor Restrictions$481,197$335,782▼ $145,415
Total Net Assets Fund Balance$481,197$335,782▼ $145,415
Total Liabilities and Net Assets / Fund Balance$481,253$460,261▼ $20,992
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott WelkerExecutive DiFT$41,938$41,938

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$71,317
Program Service Revenue
$0
Investment Income
$226
Other Revenue
$0
All Other Contributions
$71,317
Change in Net Assets
$-145,415

Audited Revenue Reconciliation

Revenue per Audited Statements
$71,543
Total Revenue per Audited Statements
$71,543
Total Revenue per Form 990
$71,543
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$176,635
Salaries, Compensation, and Employee Benefits$40,323
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$138,283--$138,283
Current Officers, Directors, Trustees, and Key Employees$40,323--$40,323
Office Expenses$19,150--$19,150
Occupancy$10,425--$10,425
Information Technology$6,600--$6,600
Advertising$1,500--$1,500
Fees for Services Other-$500-$500
Fees for Services Accounting-$177-$177
Total Functional Expenses$216,281$677$0$216,958

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$216,958
Total Expenses per Audited Statements$216,958
Total Expenses per Form 990$216,958
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Party$11
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The sole member of the organization is the quad cities chamber of commerce, inc.

Form 990, Page 6, Part VI, Line 7A

The board is composed of 13 members appointed by the sole member. Rock island arsenal alliance will nominate directors for election and the sole member will promptly approve or disappove the nominated directors.

Form 990, Page 6, Part VI, Line 11B

The draft 990 will be reviewed and approved by the board prior to finalizing.

Form 990, Page 6, Part VI, Line 12C

The completion of the conflict of interest policy is monitored by the quad cities chamber of commerce executive services manager. The ceo reviews the completed conflict of interest statements. Conflict of interest statements are required to be completed annually.

Form 990, Page 6, Part VI, Line 19

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

Form 990, Part VII

Mike hutchison assumed the executive officer position subsequent to june 30, 2022.

Filing and Contact Details

Filer

Filer Name
Rock Island Arsenal Defense
EIN
20-0246194
Phone
5633221706
Address
331 W 3RD STREET SUITE 100, DAVENPORT, IA 52801

Signing Officer

Name
Scott Lohman
Title
Chair
Phone
5633221706
Signed
2023-03-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Hutchison
Formed
2003
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
15

Preparer

Firm
Anderson Lower Whitlow Pc
Address
1805 STATE ST STE 201, BETTENDORF, IA 52722
Preparer
Barry L Anderson
Phone
5633594757
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

Rock island arsenal defense alliance is exempt from federal income taxes under section 501(c)(6) of the internal revenue code and comparable state law. As of june 30, 2022, management is not aware of any uncertain tax positions and related tax benefits which would be material to the combined financial statements. The organization files u.s. Federal and state of illinois (if applicable) information returns which for fiscal years subsequent to 2018 are subject to examination by taxing authorities.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ROCK ISLAND ARSENAL DEFENSE ALLIANCE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND COMPARABLE STATE LAW. AS OF JUNE 30, 2022, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AND RELATED TAX BENEFITS WHICH WOULD BE MATERIAL TO THE COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION FILES U.S. FEDERAL AND STATE OF ILLINOIS (IF APPLICABLE) INFORMATION RETURNS WHICH FOR FISCAL YEARS SUBSEQUENT TO 2018 ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalExpensesPerForm990Amt0216958
IRS990ScheduleD/TotalLiabilityAmt011
IRS990ScheduleD/TotalRevenuePerForm990Amt071543
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt071543
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0216958
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SOLE MEMBER OF THE ORGANIZATION IS THE QUAD CITIES CHAMBER OF COMMERCE, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD IS COMPOSED OF 13 MEMBERS APPOINTED BY THE SOLE MEMBER. ROCK ISLAND ARSENAL ALLIANCE WILL NOMINATE DIRECTORS FOR ELECTION AND THE SOLE MEMBER WILL PROMPTLY APPROVE OR DISAPPOVE THE NOMINATED DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DRAFT 990 WILL BE REVIEWED AND APPROVED BY THE BOARD PRIOR TO FINALIZING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETION OF THE CONFLICT OF INTEREST POLICY IS MONITORED BY THE QUAD CITIES CHAMBER OF COMMERCE EXECUTIVE SERVICES MANAGER. THE CEO REVIEWS THE COMPLETED CONFLICT OF INTEREST STATEMENTS. CONFLICT OF INTEREST STATEMENTS ARE REQUIRED TO BE COMPLETED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MIKE HUTCHISON ASSUMED THE EXECUTIVE OFFICER POSITION SUBSEQUENT TO JUNE 30, 2022.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0QUAD CITIES CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0273065786
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0DE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SERVING QC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0331 W 3RD STREET SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0DAVENPORT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd052801
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/StatesWhereCopyOfReturnIsFldCd1IL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0481253
IRS990/TotalAssetsEOYAmt0460261
IRS990/TotalAssetsGrp/BOYAmt0481253
IRS990/TotalAssetsGrp/EOYAmt0460261
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt071317
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0677
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0216281
IRS990/TotalFunctionalExpensesGrp/TotalAmt0216958
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt056
IRS990/TotalLiabilitiesEOYAmt0124479
IRS990/TotalLiabilitiesGrp/BOYAmt056
IRS990/TotalLiabilitiesGrp/EOYAmt0124479
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0481197
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0335782
IRS990/TotalReportableCompFromOrgAmt041938
IRS990/TotalRevenueGrp/ExclusionAmt0226
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt071543
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0481253
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0460261
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0331 W 3RD STREET SUITE 100
IRS990/USAddress/CityNm0DAVENPORT
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052801
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.QUADCITIESCHAMBER.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT LOHMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05633221706
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-03-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCK ISLAND ARSENAL DEFENSE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ALLIANCE
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0200246194
ReturnHeader/Filer/PhoneNum05633221706
ReturnHeader/Filer/USAddress/AddressLine1Txt0331 W 3RD STREET SUITE 100
ReturnHeader/Filer/USAddress/CityNm0DAVENPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IA
ReturnHeader/Filer/USAddress/ZIPCd052801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0421394940
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANDERSON LOWER WHITLOW PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01805 STATE ST STE 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETTENDORF
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd052722
ReturnHeader/PreparerPersonGrp/PhoneNum05633594757
ReturnHeader/PreparerPersonGrp/PreparationDt02023-03-22
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRY L ANDERSON
ReturnHeader/ReturnTs02023-03-30T12:53:39-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SCOTT
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LOHMAN
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

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
2022Detailed filing. Detailed filing data is available for this year.$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
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
Peer Organizations

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