Overview
What is Regional Development Authority?
The Regional Development Authority, based in Davenport, Iowa, serves as a grant-awarding entity, supporting organizations that fall under various categories, such as riverfront development, neighborhood development, economic development, culture, heritage, and education. As a nonprofit entity, they adhere to the Iowa Excursion Gambling Act, funneling funds towards charitable purposes. Their mission involves granting funds to community non-profit agencies, contributing to the betterment of the local area through their activities. With a small team of just one employee, the Regional Development Authority plays a significant role in fostering growth and development within its community.
Official website here: www.rdauthority.org
Is Regional Development Authority legitimate?
Regional Development Authority is a legitimate nonprofit organization registered as a 501(c)(4) entity. Regional Development Authority 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $154,046
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.rdauthority.org
What is the mission statement of Regional Development Authority?
The Regional Development Authority's mission is centered around awarding grants to community non-profit agencies for charitable purposes, in line with the Iowa Excursion Gambling Act. This organization supports organizations that meet the criteria to receive funds, primarily in the areas of riverfront development, neighborhood development, economic development, culture, heritage, and education. By doing so, the Regional Development Authority aims to contribute positively to the community and promote various initiatives that cater to these categories.
Official website here: www.rdauthority.org
Who is the CEO of Regional Development Authority?
Matt Mendenhall is the President & Ceo of Regional Development Authority. The CEO's salary of Regional Development Authority is $154,046 and their total compensation is $154,046.
Official website here: www.rdauthority.org
What is the revenue of Regional Development Authority?
Regional Development Authority's revenue in 2023 was $7,862,647.
Official website here: www.rdauthority.org
Who are the executives of Regional Development Authority and what are their salaries?
The average compensation at Regional Development Authority during 2023 was $154,046. There is 1 employee at Regional Development Authority.
Here are 19 key members and their salaries (Regional Development Authority's CEO's salary is $154,046 and their total compensation is $154,046):
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Official website here: www.rdauthority.org
Where can I find the form 990 for Regional Development Authority?
Regional Development Authority's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rdauthority.org
Learn more at the official website: www.rdauthority.org
Mission Statement of Regional Development Authority
The Regional Development Authority, an entity dedicated to charitable purposes, aims to grant funds to community non-profit agencies in accordance with the Iowa Excursion Gambling Act. Its mission is centered around providing financial support to organizations falling under various categories, including riverfront development, neighborhood development, economic development, culture, heritage, and education. By awarding these grants, the Authority contributes to the betterment of these sectors, fostering growth and improvement within the communities it serves.
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Impact
October, 2024
The Regional Development Authority plays a significant role in enhancing community welfare through its grant-awarding activities. By providing financial support to community nonprofit agencies, the Authority facilitates projects and initiatives aimed at riverfront development, neighborhood revitalization, economic growth, and cultural and educational advancements.
In Davenport, Iowa, this impact is particularly evident as organizations qualified to receive funds are empowered to address local needs and foster improvement within their communities. The Authority's focus on charitable purposes as outlined in the Iowa Excursion Gambling Act ensures that these funds are strategically directed towards initiatives that benefit the public good. This support nurtures a vibrant community landscape, promotes cultural heritage, and drives economic development, ultimately contributing to a stronger and more resilient society.
This information is meant to be a general summary of Regional Development Authority. 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 2023.
- Investment Income: $429,597
- Program Service Revenue: $7,433,050
- Gross Receipts: $7,862,647
Assets and Liabilities:
- Total Assets: $5,769,327
- Total Liabilities: $764,584
- Net Assets: $5,004,743
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$7,433,050
Organization Details
Founding Year
1990
Phone
(563) 323-5177Principal Officer
Matt Mendenhall
Main Address
101 W 2ND STREET SUITE 306, DAVENPORT, IA, 52801
Website
www.rdauthority.orgNTEE Category
Code: S30 - Community improvement
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