Overview
What is Greater Rochelle Economic Development Corporation?
The Greater Rochelle Economic Development Corporation is a nonprofit organization situated in Rochelle, dedicated to fostering the growth of various business sectors, including commercial, industrial, professional, and civic enterprises. Serving as a facilitator, their mission is to encourage the establishment, retention, and expansion of these entities in the Rochelle area. By acting as a bridge between businesses and resources, they play a significant role in the economic development of the community.
Is Greater Rochelle Economic Development Corporation legitimate?
Greater Rochelle Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Greater Rochelle Economic Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Greater Rochelle Economic Development Corporation?
The Greater Rochelle Economic Development Corporation is committed to fostering the growth and prosperity of various businesses in the industry, professional, and civic sectors. Acting as a facilitator, their mission is to encourage the development, establishment, retention, and expansion of these enterprises, thereby contributing to the overall economic strength of the community. They strive to create an environment that is conducive to business growth and success, ultimately benefiting the local economy.
Who is the CEO of Greater Rochelle Economic Development Corporation?
Richard Ohlinger is the Treasurer of Greater Rochelle Economic Development Corporation.
What is the revenue of Greater Rochelle Economic Development Corporation?
Greater Rochelle Economic Development Corporation's revenue in 2022 was $49,029.
Who are the executives of Greater Rochelle Economic Development Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Greater Rochelle Economic Development Corporation?
Greater Rochelle Economic Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Greater Rochelle Economic Development Corporation
Greater Rochelle Economic Development Corporation is dedicated to fostering the growth of various commercial, industrial, professional, and civic enterprises within Rochelle. Acting as a facilitator, this nonprofit organization works tirelessly to promote the establishment, retention, and expansion of businesses in the area. By fulfilling this mission, Greater Rochelle Economic Development Corporation plays a significant role in strengthening the local economy and creating opportunities for growth within the community.
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Impact
October, 2024
The Greater Rochelle Economic Development Corporation plays a significant role in fostering economic growth in Rochelle, Illinois. By promoting the development, retention, and expansion of commercial, industrial, and civic enterprises, the organization acts as a vital business facilitator within the community. Its efforts focus on creating a supportive environment that attracts new businesses, supports existing ones, and enhances overall community improvement. Through targeted initiatives, the corporation contributes to the economic vitality of Rochelle, ensuring that it remains a competitive and vibrant area for both businesses and residents.
This information is meant to be a general summary of Greater Rochelle Economic Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,802
- Gross Receipts: $49,029
Assets and Liabilities:
- Total Assets: $1,335,438
- Total Liabilities: $0
- Net Assets: $1,335,438
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Organization Details
Founding Year
1978
Principal Officer
Richard Ohlinger
Main Address
420 North 6th Street, Rochelle, IL, 61068
NTEE Category
Code: S31 - Community improvement
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