Civic Intelligence

Moline Community Development Corporation Nfp

990EZ • Fiscal year 2022 • EIN 26-4075669

Jan 01, 2022 to Dec 31, 2022 • Filed on May 15, 2023

1506 River Drive 4th FloorMoline, IL 61265

(309) 236-0620

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

94th percentile

68%

Higher net margin than 94% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

80th percentile

$4,500

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 3.4% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

97th percentile

304%

Faster asset growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

91st percentile

206%

Faster revenue growth than 91% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$118,161

Up $88,933 (+304%) from 2021

Net Assets

Up

$118,161

Up $88,933 (+304%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$131,622

Up $88,578 (+206%) from 2021

Expenses

Down

$42,689

Down $35,916 (-46%) from 2021

Net Income

Up

$88,933

Up $124,494 (+350%) from 2021

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2020: $71,326Liabilities 2020: $6,537Net Assets 2020: $64,7892020Assets 2021: $29,228Net Assets 2021: $29,2282021Assets 2022: $118,161Net Assets 2022: $118,1612022Assets 2023: $68,990Liabilities 2023: $10,250Net Assets 2023: $58,7402023Assets 2024: $69,756Liabilities 2024: $0Net Assets 2024: $69,7562024

Highlighted filing

2022

Assets$118,161
Liabilities-
Net Assets$118,161

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2020: $69,819Expenses 2020: $57,107Net Income 2020: $12,7122020Revenue 2021: $43,044Expenses 2021: $78,605Net Income 2021: -$35,5612021Revenue 2022: $131,622Expenses 2022: $42,689Net Income 2022: $88,9332022Revenue 2023: $72,507Expenses 2023: $131,928Net Income 2023: -$59,4212023Revenue 2024: $137,501Expenses 2024: $126,485Net Income 2024: $11,0162024

Highlighted filing

2022

Revenue$131,622
Expenses$42,689
Net Income$88,933
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 15, 2023
Return Version
2022v5.0
Gross Receipts
$131,622
Mission and Program Overview

Mission

To foster improvement in moline's partnering neighborhoods, and to conduct neighborhood revitalization programs and projects

To foster affordable living, save housing, and thriving neighborhoods for moline residents

Program Services

DescriptionGrantsExpenses
MOLINE PARK REFURBISHING AND NEIGHBORHOOD BEAUTIFICATION: THE MCDC INVESTS IN LOCAL PARKS TO IMPROVE AND BEAUTIFY LOW-TO-MODERATE INCOME NEIGHBORHOODS WITHIN THE CITY LIMITS OF THE CITY OF MOLINE, IL-$24,296
BLIGHT REDUCTION PROGRAM: THE MCDC ACQUIRES BLIGHTED PROPERTIES WITHIN THE CITY OF MOLINE, IL AND RAZES THEM CREATING A GREEN SPACE OR REPURPOSING THE PROPERTIES IN ORDER TO IMPROVE AND STABILIZE LOW-TO-MODERATE INCOME NEIGHBORHOODS-$12,299
INDIVIDUAL HOUSING REHABILITATION: THE MCDC USES VOLUNTEER COMMUNITY MEMBERS AND PAID CONTRACTORS TO REHAB DILAPIDATED HOUSES AND RETURN THESE HOUSES TO USEFULNESS WITHIN THE COMMUNITY. THE RESULT IS A RENOVATED BUILDING AND IMPROVED NEIGHBORHOOD.-$6,094
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JINNEL CHOINIEREEmployeeFT$4,500-$4,500
MIKE WENDTDirector-$0--
ADAM MEUSERChair-$0--
SUE NORMOYLEDirector-$0--
BILL ABELSecretary-$0--
JEAN EDMUNDSDirector-$0--
SANGEETHA RAYAPATIMayor-$0--
JULIE BAILEYVice Chair-$0--
JAN STOFFERDirector-$0--
CHRISTIE COVERDILLTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Moline Community Development
EIN
26-4075669
Phone
3092360620
Address
1506 RIVER DRIVE 4TH FLOOR, MOLINE, IL 61265

Signing Officer

Name
Christie Coverdill
Title
Treasurer
Phone
3092360620
Signed
2023-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Centennial Tax & Accounting Inc
Address
100 E KIMBERLY RD STE 500, DAVENPORT, IA 52806
Preparer
Tom Hammar CPA
Phone
5639005900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses web site 330 office supplies 2,543 bank charges & fees 8 mileage 15 insurance 2,931 total 5,827

Form 990-ez, Part III

To foster affordable living, save housing, and thriving neighborhoods for moline residents

Form 990-ez, Part III, Line 28

Blight reduction program: the mcdc acquires blighted properties within the city of moline, il and razes them creating a green space or repurposing the properties in order to improve and stabilize low-to-moderate income neighborhoods

Form 990-ez, Part III, Line 29

Individual housing rehabilitation: the mcdc uses volunteer community members and paid contractors to rehab dilapidated houses and return these houses to usefulness within the community. The result is a renovated building and improved neighborhood.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES WEB SITE 330 OFFICE SUPPLIES 2,543 BANK CHARGES & FEES 8 MILEAGE 15 INSURANCE 2,931 TOTAL 5,827
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TO FOSTER AFFORDABLE LIVING, SAVE HOUSING, AND THRIVING NEIGHBORHOODS FOR MOLINE RESIDENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BLIGHT REDUCTION PROGRAM: THE MCDC ACQUIRES BLIGHTED PROPERTIES WITHIN THE CITY OF MOLINE, IL AND RAZES THEM CREATING A GREEN SPACE OR REPURPOSING THE PROPERTIES IN ORDER TO IMPROVE AND STABILIZE LOW-TO-MODERATE INCOME NEIGHBORHOODS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INDIVIDUAL HOUSING REHABILITATION: THE MCDC USES VOLUNTEER COMMUNITY MEMBERS AND PAID CONTRACTORS TO REHAB DILAPIDATED HOUSES AND RETURN THESE HOUSES TO USEFULNESS WITHIN THE COMMUNITY. THE RESULT IS A RENOVATED BUILDING AND IMPROVED NEIGHBORHOOD.
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ReturnHeader/TaxYr02022

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