Rock Rapids Development Corporation INC
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Develops local businesses and promotes the community as a great place to live and work. For fiscal year 2024 it reported $-34K in revenue, $60K in expenses, and $1.7M in net assets.Pt I
Summary of the Filing
Where the work happens
The principal strategy is to coordinate and facilitate partnerships in and between public and private sector sources of capital with a priority to create and retain employment and increase the real property tax base.
RRDC works closely with and manages residential and commercial real estate developments for local non-profit foundation and charitable trust.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 77% | — | — |
| Overhead ratio | 23% | — | — |
| Revenue growth | 15% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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