2023-11-14T11:27:06-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2022-01-01 271153597 ROCK RIVER DEVELOPMENT PARTNERSHIP INC A NOT-FOR-PROFIT CORPORATION ROCK 8159775124 PO BOX 4244 ROCKFORD IL 61110 PETER J PROVENZANO CHAIRMAN 8159686672 2023-11-10 1 PETER PROVENZANO 999009999 0 THURE ROSS CPA P00577278 6305738600 2023-11-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z PETER J PROVENZANO 303 N MAIN ST 8TH FL ROCKFORD IL 61101 621043 0 X WWW.RRDP.ORG X 2009 IL TO ORGANIZE AND COORDINATE REDEVELOPMENT EFFORTS WITHIN THE CITY OF ROCKFORD. 5 4 19 290 0 0 193435 127491 254263 292185 45308 45308 26926 55985 519932 520969 0 0 0 0 181720 200878 0 0 40049 554256 602690 735976 803568 -216044 -282599 7879125 8937636 3876226 5573351 4002899 3364285 X THE ROCK RIVER DEVELOPMENT PARTNERSHIP BRINGS BUSINESS AND PEOPLE TOGETHER TO CREATE A THRIVING ECONOMIC COMMUNITY. WE ARE ENTREPRENEURIAL AND EXPERIENTIAL MARKET MAKERS. OUR STRATEGY IS TO CREATE CONNECTIONS BETWEEN LOCAL ENTREPRENEURS AND CUSTOMERS TO DRIVE ECONOMY TO ROCKFORD'S URBAN CORE AND HISTORIC COMMERCIAL DISTRICTS. 0 0 453288 292185 OUR MARKETS BRING BUSINESS AND CUSTOMERS TOGETHER TO ENRICH THE COMMUNITY, BUSINESS, AND REVIVE THE HISTORIC DOWNTOWN AREA. 453288 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 IL X CATHERINE M MCDERMOTT 8159775124 116 N MADISON ST SUITE 207 ROCKFORD IL 61107 PETER PROVENZANO CHAIRMAN 2.00 X X 0 0 0 CATHERINE MCDERMOTT EXECUTIVE DIRECTOR 50.00 X X 63003 0 0 THOMAS BUDD DIRECTOR 2.00 X 0 0 0 LORAYNE LOGAN DIRECTOR 2.00 X 0 0 0 DOUGLAS MARK DIRECTOR 2.00 X 0 0 0 TYLER SMITH DIRECTOR 2.00 X 0 0 0 ZINA HORTON DIRECTOR 2.00 X 0 0 0 63003 0 0 0 0 0 0 0 127491 127491 INDOOR MARKET 900003 224905 224905 VENDOR FEES 900003 67280 67280 292185 45308 45308 156059 100074 55985 55985 520969 292185 0 101293 63004 18901 31502 12601 121220 36366 60610 24244 634 634 16020 4806 8010 3204 4380 4380 57955 57955 17930 8965 8965 8458 4229 4229 181684 90842 90842 1294 1294 160962 160962 INDOOR MARKET 123828 123828 PERMITS 4389 4389 41810 41810 803568 453288 310231 40049 182707 110020 2379822 2292146 4530800 4530800 785796 316472 0 1688198 7879125 8937636 115806 194435 3696707 3610016 63713 1768900 3876226 5573351 X 0 0 0 0 4002899 3364285 4002899 3364285 7879125 8937636 X -282599 -469324 113309 X X 0 1 X 1 0 X 177806 134719 254387 193435 127491 887838 177806 134719 254387 193435 127491 887838 239828 648010 46493 45308 45308 45308 45308 227725 1115563 564724 0.58090 0.93840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 RIGHT OF USE ASSET 1688198 1688198 LEASE LIABILITY 1768900 1768900 X PART X, LINE 2: RRDP IS ORGANIZED AS AN ILLINOIS NONPROFIT CORPORATIONS AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTIONS 170(B)(1)(A)(VI) AND (VIII), AND HAVE BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. RRDP IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, RRDP IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE ORGANIZATION HAS DETERMINED THAT RRDP IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAVE NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. MANAGEMENT BELIEVES THAT RRDP HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE GIVEN TO THE ADMINISTRATOR AND CHAIRMAN TO REVIEW FOR ACCURACY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF PLEDGE RECEIVABLE 113,309. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT PUBLIC ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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