Powered by CharityEZ

Charity report ready

ROCKFORD AREA STRATEGIC INITIATIVES

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

ROCKFORD AREA STRATEGIC INITIATIVES

EIN 27-0964918 · Small Business Development (S43)

What they do

THE PRIMARY ROLE of THE ROCKFORD AREA STRATEGIC INITIATIVE is to ENHANCE EDUCATION, COMMERCE, TRADE and ECONOMIC DEVELOPMENT IN THE ROCKFORD REGION

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $99.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

99.97%of revenue went to mission work99.9% of expenses · Program services
0.06%of revenue went to fundraising0.1% of expenses
$100.09spent for every $100 of revenueSpending was higher than revenue this year.
0.06%of revenue went to management and office costs0.1% of expenses
$0.38in assets for every $1 spent this yearSome assets cannot be spent right away.
99.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $329 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $13,565 for CAITLIN PUSATERI (DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$358,096
Mission workProgram services$357,97599.97% of revenue99.9% of expenses
ManagementOffice and general costs$2250.06% of revenue0.1% of expenses
FundraisingAsking for donations$2250.06% of revenue0.1% of expenses
Total expenses$358,425100.09% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 99.9% mission · 0.1% management · 0.1% fundraisingTotal expenses: 100.09% of revenue
2023Expense mix: 99.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 100.18% of revenue
2022Expense mix: 75.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 131.83% of revenue
2021Expense mix: 62.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 160.31% of revenue
2019Expense mix: 0.0% mission · 100.0% management · 0.0% fundraisingTotal expenses: 1,630.74% of revenue
2017Expense mix: 25.9% mission · 74.1% management · 0.0% fundraisingTotal expenses: 3,230.11% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingRevenue comparison unavailable

Money in and money out

Revenue$358,096
Expenses$358,425
Annual shortfall $329 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$357,975 · 99.9% of expenses
Management and office costs$225 · 0.1% of expenses
Fundraising$225 · 0.1% of expenses
See all reported dollar amounts
Revenue$358,096
Expenses$358,425
Assets$134,782
Income$358,096
Contributions$357,525
Mission work (program services)$357,975
Fundraising$225
Grants given$715,050
Average grant$357,525
Management and general$225
Accounting fees$900
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
CAITLIN PUSATERIDIRECTOR · 5 hrs/week $13,565Base · Other $13,565
ANGELA LARSONDIRECTOR · 5 hrs/week $5,750Base · Other $5,750

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (23)

CAITLIN PUSATERIDIRECTOR

ANGELA LARSONDIRECTOR

WENDY ALSTEENDIRECTOR

TROY HAGGESTADDIRECTOR

TRAVIS ANDERSENDIRECTOR

TOM MCNAMARRADIRECTOR

THOMAS GREENDIRECTOR

TERRY VOSKUILPAST CHAIR

STEVEN KOTSODIRECTOR

PAULA CARYNSKIDIRECTOR

NATE JORDANTREASURER

MICK GRONEWOLDDIRECTOR

MICHAEL DUNN JRDIRECTOR

LESLY COUPERCHAIR

JOHN GROHDIRECTOR

JEFF HULTMANDIRECTOR

JEAN CROSBYDIRECTOR

FRANK WEHRSTEINDIRECTOR

DR SHEILA HILLDIRECTOR

DIETMAR GOELLNERDIRECTOR

CONOR BROWNVICE CHAIR

CARLY LAMONICADIRECTOR

ARMANDO CARDENASDIRECTOR

About this charity

Recognized since
January 2010
Location
308 W STATE ST STE 190, ROCKFORD, IL 61101-1153
County
Winnebago
In care of
% JANYCE FADDEN
Primary officer
CAITLIN PUSATERI, DIRECTOR

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
BENNING GROUP LLC
NTEE classification
Small Business Development (S43)
IRS tax category
Small Business Development
Grant-giving organization
Yes

Thanks for caring! Learning about a charity is a great first step toward giving back.

About this report: Information comes from public nonprofit records and may show the latest filing available.

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free