Civic Intelligence

Greater Davenport Redevelopment Corporation

990 • Fiscal year 2021 • EIN 42-1488339

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

Organization ProfileWWW.GOTODAVENPORT.COM
331 West 3rd StreetDavenport, IA 52801

(563) 322-1706

Siviq Scores

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

Liabilities / Assets

16th percentile

0.03x

Higher debt load relative to assets than 16% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

23rd percentile

0.11x

Higher debt load relative to revenue than 23% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Net Margin

99th percentile

91%

Higher net margin than 99% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

14th percentile

$48,750

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 2.9% of source-year revenue.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Asset Growth

79th percentile

26%

Faster asset growth than 79% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

97th percentile

262%

Faster revenue growth than 97% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets16th percentile

Assets

Up

$6,793,401

Up $1,401,328 (+26%) from 2020

Net Assets

Up

$6,615,213

Up $1,538,953 (+30%) from 2020

Liabilities

Down

$178,188

Down $137,625 (-44%) from 2020

Revenue And Expenses
Liabilities / Revenue23rd percentileNet Margin99th percentile

Revenue

Up

$1,696,265

Up $1,227,356 (+262%) from 2020

Expenses

Down

$157,312

Down $100,414 (-39%) from 2020

Net Income

Up

$1,538,953

Up $1,327,770 (+629%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth79th percentile

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

$10M$5.0M$0Assets 2010: $3,607,726Liabilities 2010: $2,322,294Net Assets 2010: $1,285,4322010Assets 2011: $3,622,243Liabilities 2011: $2,310,860Net Assets 2011: $1,311,3832011Assets 2012: $3,418,330Liabilities 2012: $1,173,505Net Assets 2012: $2,244,8252012Assets 2013: $4,412,004Liabilities 2013: $1,869,596Net Assets 2013: $2,542,4082013Assets 2014: $4,240,128Liabilities 2014: $1,841,540Net Assets 2014: $2,398,5882014Assets 2015: $4,161,100Liabilities 2015: $1,822,818Net Assets 2015: $2,338,2822015Assets 2016: $3,724,770Liabilities 2016: $600,721Net Assets 2016: $3,124,0492016Assets 2017: $4,722,645Liabilities 2017: $608,561Net Assets 2017: $4,114,0842017Assets 2018: $5,381,701Liabilities 2018: $511,272Net Assets 2018: $4,870,4292018Assets 2019: $5,356,257Liabilities 2019: $511,147Net Assets 2019: $4,845,1102019Assets 2020: $5,392,073Liabilities 2020: $315,813Net Assets 2020: $5,076,2602020Assets 2021: $6,793,401Liabilities 2021: $178,188Net Assets 2021: $6,615,2132021Assets 2022: $8,010,175Liabilities 2022: $173,416Net Assets 2022: $7,836,7592022Assets 2023: $8,156,399Liabilities 2023: $165,208Net Assets 2023: $7,991,1912023Assets 2024: $7,884,981Liabilities 2024: $161,167Net Assets 2024: $7,723,8142024Assets 2025: $8,166,319Liabilities 2025: $165,690Net Assets 2025: $8,000,6292025

Highlighted filing

2021

Assets$6,793,401
Liabilities$178,188
Net Assets$6,615,213
Open 2021 Filing

Operations Trend

Revenue Growth97th percentile

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $69,1462010Revenue 2011: $125,515Expenses 2011: $99,564Net Income 2011: $25,9512011Expenses 2012: $65,7852012Expenses 2013: $195,6342013Revenue 2014: $40,694Expenses 2014: $184,514Net Income 2014: -$143,8202014Revenue 2015: $95,015Expenses 2015: $155,321Net Income 2015: -$60,3062015Revenue 2016: $908,412Expenses 2016: $122,645Net Income 2016: $785,7672016Revenue 2017: $1,267,510Expenses 2017: $277,475Net Income 2017: $990,0352017Revenue 2018: $910,566Expenses 2018: $153,580Net Income 2018: $756,9862018Revenue 2019: $78,507Expenses 2019: $109,074Net Income 2019: -$30,5672019Revenue 2020: $468,909Expenses 2020: $257,726Net Income 2020: $211,1832020Revenue 2021: $1,696,265Expenses 2021: $157,312Net Income 2021: $1,538,9532021Revenue 2022: $1,334,959Expenses 2022: $113,413Net Income 2022: $1,221,5462022Revenue 2023: $288,905Expenses 2023: $134,473Net Income 2023: $154,4322023Revenue 2024: $419,310Expenses 2024: $686,687Net Income 2024: -$267,3772024Revenue 2025: $357,669Expenses 2025: $80,854Net Income 2025: $276,8152025

Highlighted filing

2021

Revenue$1,696,265
Expenses$157,312
Net Income$1,538,953
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.0
Gross Receipts
$6,425,125
Mission and Program Overview

Mission

The greater davenport redevelopment corporation is a public-private industrial development organization for the city of davenport, iowa. The organization provides skilled and professional assistance to companies pursuing development and redevelopment opportunities in the greater davenport area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,795,290$5,196,632▲ $1,401,342
Prepaid Expenses and Deferred Charges$1,532$1,518▼ $14
Total Assets$5,392,073$6,793,401▲ $1,401,328
Other Assets Total$1,595,251$1,595,251→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$309,307$159,307▼ $150,000
Accounts Payable and Accrued Expenses$6,506$18,881▲ $12,375
Total Liabilities$315,813$178,188▼ $137,625
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,076,260$6,615,213▲ $1,538,953
Total Net Assets Fund Balance$5,076,260$6,615,213▲ $1,538,953
Total Liabilities and Net Assets / Fund Balance$5,392,073$6,793,401▲ $1,401,328

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,595,251--
Compensation and Service Providers
Top Officer Pay14th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Roy WennlundExecutive DiPT$48,750$48,750

Board Members and Trustees

NameTitle
Jason GordonBoard Chair
Greg TheisVice Chair
Emily BlaylockDirector
John RichesDirector
Judith LeeDirector
Kyle GrippDirector
Tony KnobbeDirector
Bruce BergerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$30,000
Program Service Revenue
$0
Investment Income
$1,646,524
Other Revenue
$19,741
Change in Net Assets
$1,538,953

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,696,265
Total Revenue per Audited Statements
$1,696,265
Total Revenue per Form 990
$1,696,265
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$157,312
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$50,338-$50,338
Fees for Services Legal-$26,278-$26,278
Fees for Services Accounting-$17,800-$17,800
Advertising$4,763--$4,763
Insurance-$2,967-$2,967
Travel-$1,220-$1,220
Office Expenses-$102-$102
Other Expenses$3,062$67-$67
Total Functional Expenses$58,305$99,007$0$157,312

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$157,312
Total Expenses per Audited Statements$157,312
Total Expenses per Form 990$157,312
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
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“The quad cities chamber of commerce is primarily responsible for management of the organization.”

Form 990, Page 6, Part VI, Line 6

“The organization members are comprised of the city of davenport, midamerican energy, scott county and quad cities chamber of commerce.”

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

“Midamerican energy, the city of davenport, scott county, and the quad cities chamber of commerce select the board of directors of the organization.”

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

“Prior to filing the form 990, a draft is issued to the entire board for review and approval.”

Form 990, Page 6, Part VI, Line 19

“Governing documents and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Greater Davenport Redevelopment
EIN
42-1488339
Phone
5633221706
Address
331 WEST 3RD STREET, DAVENPORT, IA 52801

Signing Officer

Name
Jason Gordon
Title
Board Chair
Phone
5633221706
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Gordon
Formed
1997
Legal Domicile
Ia
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
8

Preparer

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

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The greater davenport redevelopment corporation is a public-private industrial development organization for the city of davenport, iowa. The organization provides skilled and professional assistance to companies pursuing development and redevelopment opportunities in the greater davenport area.”

Form 990, Part IX, Line 11G

“Consulting services 0 50,338 0”

Financial Statement Notes

Schedule D, Page 3, Part X

“The organization qualifies for tax-exempt status under the internal revenue service code section 501(c)(6) and is not subject to federal or state income taxes. The organization evaluates the tax benefits of a tax position using the "more likely than not" threshold. As of june 30, 2021, management is not aware of any uncertain tax positions and related tax benefits which would be material to the organization's financial statements. The organization files u.s. Federal and state informational returns which for fiscal years subsequent to 2017 are subject to examination by taxing authorities.”

Raw XML Appendix335 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06506
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt018881
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE GREATER DAVENPORT REDEVELOPMENT CORPORATION IS A PUBLIC-PRIVATE INDUSTRIAL DEVELOPMENT ORGANIZATION FOR THE CITY OF DAVENPORT, IOWA. THE ORGANIZATION PROVIDES SKILLED AND PROFESSIONAL ASSISTANCE TO COMPANIES PURSUING DEVELOPMENT AND REDEVELOPMENT OPPORTUNITIES IN THE GREATER DAVENPORT AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt04763
IRS990/AdvertisingGrp/TotalAmt04763
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0MICHAEL OBERHAUS
IRS990/BooksInCareOfDetail/PhoneNum05638232671
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0331 W 3RD STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0DAVENPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd052801
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03795290
IRS990/CashNonInterestBearingGrp/EOYAmt05196632
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt030000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt01646524
IRS990/CYOtherExpensesAmt0157312
IRS990/CYOtherRevenueAmt019741
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt01538953
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0157312
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01696265
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/Desc0TO FOSTER CAPITAL INVESTMENT IN INDUSTRIAL PROPERTY WITHIN THE CITY OF DAVENPORT, IOWA THROUGH OWNERSHIP, MANAGEMENT, MARKETING AND DEVELOPMENT OF THE EASTERN IOWA INDUSTRIAL CENTER, A 200+ ACRE INDUSTRIAL PARK IN NORTHWEST DAVENPORT. THIS SITE HAS BEEN CERTIFIED BY THE STATE OF IOWA AND OFFERS PRIME INTERSTATE ACCESS FOR MANUFACTURERS AND LOGISTIC OPERATIONS.
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt017800
IRS990/FeesForServicesAccountingGrp/TotalAmt017800
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt026278
IRS990/FeesForServicesLegalGrp/TotalAmt026278
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt050338
IRS990/FeesForServicesOtherGrp/TotalAmt050338
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt34.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt83.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ROY WENNLUND
IRS990/Form990PartVIISectionAGrp/PersonNm1BRUCE BERGER
IRS990/Form990PartVIISectionAGrp/PersonNm2EMILY BLAYLOCK
IRS990/Form990PartVIISectionAGrp/PersonNm3JASON GORDON
IRS990/Form990PartVIISectionAGrp/PersonNm4KYLE GRIPP
IRS990/Form990PartVIISectionAGrp/PersonNm5TONY KNOBBE
IRS990/Form990PartVIISectionAGrp/PersonNm6JUDITH LEE
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN RICHES
IRS990/Form990PartVIISectionAGrp/PersonNm8GREG THEIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt048750
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt01645445
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt030000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt06374305
IRS990/GrossReceiptsAmt06425125
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt08
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02967
IRS990/InsuranceGrp/TotalAmt02967
IRS990/InvestmentIncomeGrp/ExclusionAmt01079
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01079
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt04728860
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE GREATER DAVENPORT REDEVELOPMENT CORPORATION IS A PUBLIC-PRIVATE INDUSTRIAL DEVELOPMENT ORGANIZATION FOR THE CITY OF DAVENPORT, IOWA. THE ORGANIZATION PROVIDES SKILLED AND PROFESSIONAL ASSISTANCE TO COMPANIES PURSUING DEVELOPMENT AND REDEVELOPMENT OPPORTUNITIES IN THE GREATER DAVENPORT AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0309307
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0159307
IRS990/NetAssetsOrFundBalancesBOYAmt05076260
IRS990/NetAssetsOrFundBalancesEOYAmt06615213
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01645445
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01645445
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt05076260
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt06615213
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0102
IRS990/OfficeExpensesGrp/TotalAmt0102
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01595251
IRS990/OtherAssetsTotalGrp/EOYAmt01595251
IRS990/OtherExpensesGrp/Desc0SITE MAINTENANCE
IRS990/OtherExpensesGrp/Desc1ASSOCIATION EXPENSES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3BANK SERVICE CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0235
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt167
IRS990/OtherExpensesGrp/ProgramServicesAmt050480
IRS990/OtherExpensesGrp/ProgramServicesAmt13062
IRS990/OtherExpensesGrp/TotalAmt050480
IRS990/OtherExpensesGrp/TotalAmt13062
IRS990/OtherExpensesGrp/TotalAmt2235
IRS990/OtherExpensesGrp/TotalAmt367
IRS990/OtherRevenueMiscGrp/BusinessCd0531390
IRS990/OtherRevenueMiscGrp/Desc0ASSOCIATION ASSESSMENTS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt019741
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019741
IRS990/OtherRevenueTotalAmt019741
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01532
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01518
IRS990/PrincipalOfficerNm0JASON GORDON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt030000
IRS990/PYInvestmentIncomeAmt0253064
IRS990/PYOtherExpensesAmt0257726
IRS990/PYOtherRevenueAmt0185845
IRS990/PYRevenuesLessExpensesAmt0211183
IRS990/PYTotalExpensesAmt0257726
IRS990/PYTotalRevenueAmt0468909
IRS990/ReconcilationRevenueExpnssAmt01538953
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0157312
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01595251
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0LAND ACQUISITION & DEVELOPMENT COSTS
IRS990ScheduleD/RevenueSubtotalAmt01696265
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION QUALIFIES FOR TAX-EXEMPT STATUS UNDER THE INTERNAL REVENUE SERVICE CODE SECTION 501(C)(6) AND IS NOT SUBJECT TO FEDERAL OR STATE INCOME TAXES. THE ORGANIZATION EVALUATES THE TAX BENEFITS OF A TAX POSITION USING THE "MORE LIKELY THAN NOT" THRESHOLD. AS OF JUNE 30, 2021, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS AND RELATED TAX BENEFITS WHICH WOULD BE MATERIAL TO THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION FILES U.S. FEDERAL AND STATE INFORMATIONAL RETURNS WHICH FOR FISCAL YEARS SUBSEQUENT TO 2017 ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01595251
IRS990ScheduleD/TotalExpensesPerForm990Amt0157312
IRS990ScheduleD/TotalRevenuePerForm990Amt01696265
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01696265
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0157312
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE GREATER DAVENPORT REDEVELOPMENT CORPORATION IS A PUBLIC-PRIVATE INDUSTRIAL DEVELOPMENT ORGANIZATION FOR THE CITY OF DAVENPORT, IOWA. THE ORGANIZATION PROVIDES SKILLED AND PROFESSIONAL ASSISTANCE TO COMPANIES PURSUING DEVELOPMENT AND REDEVELOPMENT OPPORTUNITIES IN THE GREATER DAVENPORT AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE QUAD CITIES CHAMBER OF COMMERCE IS PRIMARILY RESPONSIBLE FOR MANAGEMENT OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MEMBERS ARE COMPRISED OF THE CITY OF DAVENPORT, MIDAMERICAN ENERGY, SCOTT COUNTY AND QUAD CITIES CHAMBER OF COMMERCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MIDAMERICAN ENERGY, THE CITY OF DAVENPORT, SCOTT COUNTY, AND THE QUAD CITIES CHAMBER OF COMMERCE SELECT THE BOARD OF DIRECTORS OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PRIOR TO FILING THE FORM 990, A DRAFT IS ISSUED TO THE ENTIRE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING SERVICES 0 50,338 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05392073
IRS990/TotalAssetsEOYAmt06793401
IRS990/TotalAssetsGrp/BOYAmt05392073
IRS990/TotalAssetsGrp/EOYAmt06793401
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt030000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt099007
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt058305
IRS990/TotalFunctionalExpensesGrp/TotalAmt0157312
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0315813
IRS990/TotalLiabilitiesEOYAmt0178188
IRS990/TotalLiabilitiesGrp/BOYAmt0315813
IRS990/TotalLiabilitiesGrp/EOYAmt0178188
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt05076260
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06615213
IRS990/TotalReportableCompFromOrgAmt048750
IRS990/TotalRevenueGrp/ExclusionAmt01646524
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt019741
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01696265
IRS990/TotalVolunteersCnt08
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05392073
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06793401
IRS990/TravelGrp/ManagementAndGeneralAmt01220
IRS990/TravelGrp/TotalAmt01220
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0331 WEST 3RD STREET
IRS990/USAddress/CityNm0DAVENPORT
IRS990/USAddress/StateAbbreviationCd0IA
IRS990/USAddress/ZIPCd052801
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.GOTODAVENPORT.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JASON GORDON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05633221706
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER DAVENPORT REDEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0421488339
ReturnHeader/Filer/PhoneNum05633221706
ReturnHeader/Filer/USAddress/AddressLine1Txt0331 WEST 3RD STREET
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/PreparationDt02022-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BARRY L ANDERSON
ReturnHeader/ReturnTs02022-05-12T16:01:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JASON
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GORDON
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,793,401
Liabilities
$178,188
Net assets
$6,615,213
Revenue
$1,696,265
Expenses
$157,312
Net income
$1,538,953
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$8.17$0.17$8.00$0.36$0.08$0.28
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.88$0.16$7.72$0.42$0.69$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.16$0.17$7.99$0.29$0.13$0.15
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.01$0.17$7.84$1.33$0.11$1.22
2021Detailed filing. Detailed filing data is available for this year.$6.79$0.18$6.62$1.70$0.16$1.54
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.39$0.32$5.08$0.47$0.26$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.36$0.51$4.85$0.08$0.11$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$0.51$4.87$0.91$0.15$0.76
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.72$0.61$4.11$1.27$0.28$0.99
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.72$0.60$3.12$0.91$0.12$0.79
2015Detailed filing. Detailed filing data is available for this year.$4.16$1.82$2.34$0.10$0.16$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.24$1.84$2.40$0.04$0.18$0.14
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.41$1.87$2.54$0.20
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.42$1.17$2.24$0.07
2011Summary only. Only limited summary data is available for this year.$3.62$2.31$1.31$0.13$0.10$0.03
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.61$2.32$1.29$0.07
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)6 • $5M-$10M nonprofits