Quad Cities Regional Vision FY2022 filing

Bettendorf, IAUnknown exempt organizationEIN 86-1972292Revenue $337K in FY2022

On file with the IRSq2030.org2550 Middle Rd Ste 300 · Bettendorf, IA

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The Quad Cities region is comprised of multiple municipalities located in illinois and iowa. Having multiple jurisdictions and oversight entities has resulted in fragmented and duplicative use of scarce resources diminishing Regional success. There is not an independent entity that seeks to enhance collaboration, coordination, and alignment to accelerate successes which will grow the region and reduce the barriers to success. Areas of focus for alignment, collaboration and coordination include education, employment skill building, childcare, food security, poverty, housing, business development, health, placemaking, and philanthropy. Quad Cities Regional Vision (q2030) is an independent organization that convenes multiple stakeholders to resolve issues, develop and implement strategies to strengthen the region. The framework tackles tough issues facing the bi-state region and leverages opportunities with the best odds to foster transformational change. The issues fall into four priorit

57¢ of each $1 spent went to programs.
$104K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 3
filings with a surplus
Average surplus $34K a year · 9% of revenue · last 3 filings
Fine: a surplus in 2 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
57%
of spending
Worth a look: 57% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$104K
to officers and key staff · 39% of spending
Concern: pay to officers and key staff is 39% of spending; over 30%.
Pt VII · Sec A
Cash reserves
18 mo
of spending, in cash
Looks good: 18.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $120K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$19K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$337K
-25% vs prior year
Spent
$271K
To programs
57%
Net assets
$405K
By yearFY2021–FY2025
Revenue
$337K
FY2022▼ -25%
Tap a bar for its year
Revenue by fiscal year
FY2021$447K
FY2022$337K
FY2023$311K
FY2024$18
FY2025$31K
Expenses
$271K
FY2022▲ +149%
Tap a bar for its year
Expenses by fiscal year
FY2021$109K
FY2022$271K
FY2023$613K
FY2024Not on file
FY2025Not on file
Net assets
$405K
FY2022▲ +20%
Tap a bar for its year
Net assets by fiscal year
FY2021$339K
FY2022$405K
FY2023$102K
FY2024$2K
FY2025Not on file

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

57 cents of each dollar spent went to programs.

Program services 57% · $154K Management & general 39% · $107K Fundraising 4% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $104K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$104,424Pt VII · Sec A
$0Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Tr
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021
Kathryn G Jennings$110,123$104,424$42,646

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Quad Cities Regional Vision executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Enhances regional collaboration and resource alignment across multiple municipalities to accelerate growth and reduce barriers.

Questions for Quad Cities Regional Vision

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Provided by the organization

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1 program · $154K · in their own filed words · FY2022
01

Our largest program expenses for 2021 were related to a board goal setting session and a diversity, equity, and inclusion training-- both of which were used as the basis for the work plan that was designed for the next 2-3 years.

$154Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 3 funders$120K
See all 3 funders →
Grants paid · 1 grant · $365K · 2023–2023

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$337K
Ln 12
Gifts and grantsLn 1h$336K
Investment incomeLn 3$549
Other incomeLn 4–11$139
Money outPt IX
$271K
Ln 25
Programscol B$154K
Managementcol C$107K
Fundraisingcol D$10K
Owns and owesPt X
$405K
net assets · Ln 32
Cash and savingsLn 1–2$412K
Total assetsLn 16$424K
LiabilitiesLn 26$19K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$336K
Investment incomeLn 3$549
Other incomeLn 4–11$139
Total revenueLn 12$337K
Assets in detailPt X, end of year
CashLn 1$412K
Cash and savings togetherLn 1–2$412K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$424K
LiabilitiesLn 26$19K
Net assetsLn 32$405K
OperationsPt I, VI
EmployeesI 52
VolunteersI 615
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$335K$412K
Land, buildings, equipmentLn 10c$4K$2K
Total assetsLn 16$343K$424K
LiabilitiesLn 26$4K$19K
Net assetsLn 32$339K$405K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$104K$68K$31K$5K
Other salaries and wagesLn 7$50K$9K$38K$2K
Other employee benefitsLn 9$19K$9K$8K$932
Payroll taxesLn 10$22K$11K$10K$1K
Other fees for servicesLn 11g$8K$8K
Advertising and promotionLn 12$55K$46K$8K
Office expensesLn 13$2K$901$1K$85
TravelLn 17$428$128$300
Depreciation, depletion and amortizationLn 22$2K$2K
InsuranceLn 23$3K$3K
Other expenses (24a–d)Ln 24$5K$4K$791
All other expensesLn 24e$444$345$99
Total functional expensesLn 25$271K$154K$107K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $31K 990 PDF
FY2024 $18$2K 990 PDF
FY2023 $311K$613K−$302K$102K 990 PDF
FY2022 Viewing $337K$271K$66K$405K 990 PDF
FY2021 $447K$109K$339K$339K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2022 990 (6 parts)
Part I · Summary $336,688 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $447,175$336,000
I-9 Program service revenue$0
I-10 Investment incomePrior year $44$549
I-11 Other revenue$139
I-12 Total revenuePrior year $447,219$336,688
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $85,616$194,525
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $22,977$76,122
I-18 Total expensesPrior year $108,593$270,647
I-19 Revenue less expensesPrior year $338,626$66,041
Part VI · Governance 14 of 14 board members independent, 1 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $336,688 across 5 lines filed
VIII-1f All other contributions, gifts and grants$336,000
VIII-1h Total contributions, gifts and grants$336,000
VIII-3 Investment incomeExcluded from tax $549$549
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $139$139
VIII-12 Total revenueRelated to mission $139 · Excluded from tax $549$336,688
Part IX · Statement of functional expenses $270,647 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $67,876 · Management $31,327 · Fundraising $5,221$104,424
IX-7 Other salaries and wagesPrograms $9,283 · Management $38,115 · Fundraising $2,495$49,893
IX-9 Other employee benefitsPrograms $9,319 · Management $8,387 · Fundraising $932$18,638
IX-10 Payroll taxesPrograms $10,785 · Management $9,707 · Fundraising $1,078$21,570
IX-11g Other fees for servicesManagement $8,268$8,268
IX-12 Advertising and promotionPrograms $46,408 · Management $8,151$54,559
IX-13 Office expensesPrograms $901 · Management $1,404 · Fundraising $85$2,390
IX-17 TravelPrograms $128 · Management $300$428
IX-22 Depreciation, depletion and amortizationPrograms $1,511$1,511
IX-23 InsurancePrograms $3,415$3,415
IX-24 Other expenses (24a–d)Programs $4,316 · Management $791$5,107
IX-24e All other expensesPrograms $345 · Management $99$444
IX-25 Total functional expensesPrograms $154,287 · Management $106,549 · Fundraising $9,811$270,647
Part X · Balance sheet $423,687 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $334,537$411,611
X-4 Accounts receivableStart of year $5,000$10,000
X-10c Land, buildings and equipment, netStart of year $3,587$2,076
X-16 Total assetsStart of year $343,124$423,687
X-17 Accounts payable and accrued expensesStart of year $4,498$19,020
X-26 Total liabilitiesStart of year $4,498$19,020
X-27 Net assets without donor restrictionsStart of year $338,626$404,667
X-32 Total net assets or fund balancesStart of year $338,626$404,667
X-33 Total liabilities and net assetsStart of year $343,124$423,687
Part XI · Reconciliation of net assets $404,667 net assets at year end
XI-1 Total revenue$336,688
XI-2 Total expenses$270,647
XI-3 Revenue less expenses$66,041
XI-4 Net assets at start of year$338,626
XI-10 Net assets at end of year$404,667

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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