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Nonprofit · EIN 42-1347125

REGIONAL DEVELOPMENT AUTHORITY

Tax-exempt · DAVENPORT, IA 52807

Financials

$7.2M$6.2M2023$7.1M$6M2024
Revenue Expenses · by fiscal year end
Financials of REGIONAL DEVELOPMENT AUTHORITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$7,113,550$6,043,895$1,069,655$7,436,713$412,381$7,024,332
June 30, 2024990$7,193,365$6,243,431$949,934$6,362,308$407,631$5,954,677
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$6,379,089
Investment income
$734,461
Other revenue
$0

Expenses

Grants and similar amounts paid
$5,696,237
Compensation of officers, directors and key employees
$159,365
Other salaries and wages
$49,377
Salaries, compensation and benefits (total)
$224,881
Professional fundraising fees
$0
Legal fees
$330
Accounting fees
$17,667
Occupancy
$2,650
Program services (functional)
$5,696,237
Management and general (functional)
$347,658

Balance sheet and other

Total assets, start of year
$6,362,308
Total assets, end of year
$7,436,713
Total liabilities, end of year
$412,381
Net assets, end of year
$7,024,332
Gross receipts
$7,113,550
Employees
2
Year formed
1990
State of legal domicile
IA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
MATT MENDENHALLPresident & CEO
Officer
40$159,365
MICHAEL COLEDirector
Trustee or director
2$0
DANIELLE HINESDirector
Trustee or director
1$0
KAREN ROEBUCKDirector
Trustee or director
1$0
CORY BERGFELDDirector
Trustee or director
1$0
ERIE JOHNSONDirector
Trustee or director
1$0
DENNIS NARANJODirector
Trustee or director
1$0
BROCK EARNHARTDDirector
Trustee or director
1$0
SAM SKOREPADirector
Trustee or director
1$0
SUTEESH TANDONDirector
Trustee or director
1$0
BETH TINSMANDirector
Trustee or director
1$0
DANA WILKINSONDirector
Trustee or director
2$0
NANCY CHAPMANSecretary
Officer
2$0
SUE DALEYTreasurer
Officer
2$0
STEVE GIEFMANChairman
Officer
2$0
1 more people on this return
NameTitleHours / weekCompensation
KATIE SELDENVice Chairman
Officer
2$0
990 for the year ended June 30, 2024: 16 people
NameTitleHours / weekCompensation
MATT MENDENHALLPresident & CEO
Officer
40$162,513
MICHAEL COLEDirector
Trustee or director
2$0
DANIELLE HINESDirector
Trustee or director
1$0
KAREN ROEBUCKDirector
Trustee or director
1$0
CORY BERGFELDDirector
Trustee or director
1$0
ERIE JOHNSONDirector
Trustee or director
1$0
DENNIS NARANJODirector
Trustee or director
1$0
BROCK EARNHARTDDirector
Trustee or director
1$0
SAM SKOREPADirector
Trustee or director
1$0
SUTEESH TANDONDirector
Trustee or director
1$0
BETH TINSMANDirector
Trustee or director
1$0
DANA WILKINSONDirector
Trustee or director
2$0
NANCY CHAPMANSecretary
Officer
2$0
SUE DALEYTreasurer
Officer
2$0
STEVE GIEFMANChairman
Officer
2$0
KATIE SELDENVice Chairman
Officer
2$0

Address and contacts

Address (IRS master file)
5403 VICTORIA AVE STE 300, DAVENPORT, IA 52807-3925
Principal officer (990 for 2024)
MATT MENDENHALL, 5403 VICTORIA AVE STE 300, DAVENPORT, IA 52807
Signed the 990
MATT MENDENHALL, President
Phone
(563) 323-5177
Return prepared by
Timmer And Associates CPA PC

Mission

TO AWARD GRANTS TO COMMUNITY NON-PROFIT AGENCIES FOR CHARITABLE PURPOSES IN ACCORDANCE WITH THE IOWA EXCURSION GAMBLING ACT.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED SUPPORT TO ORGANIZATIONS QUALIFIED TO RECEIVE FUNDS INTO THE FOLLOWING CATEGORIES: RIVERFRONT DEVELOPMENT, NEIGHBORHOOD DEVELOPMENT, ECONOMIC DEVELOPMENT, CULTURE, HERITAGE, AND EDUCATION.
    Expenses $5,696,237 · grants $5,696,237

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1347125
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,436,713
Income (IRS master file)
$7,113,550

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$7,113,550$6,043,895$7,436,713IRS
990June 2024$7,193,365$6,243,431$6,362,308XML
990June 2023$7,862,647$6,597,674$5,769,327IRS
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1347125).

Questions about REGIONAL DEVELOPMENT AUTHORITY

What is the EIN of REGIONAL DEVELOPMENT AUTHORITY?
The employer identification number (EIN) of REGIONAL DEVELOPMENT AUTHORITY is 42-1347125.
Is REGIONAL DEVELOPMENT AUTHORITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1998.
Are donations to REGIONAL DEVELOPMENT AUTHORITY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does REGIONAL DEVELOPMENT AUTHORITY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of REGIONAL DEVELOPMENT AUTHORITY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REGIONAL DEVELOPMENT AUTHORITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of REGIONAL DEVELOPMENT AUTHORITY?
The 990 for the year ended June 30, 2025 names MATT MENDENHALL.
Who are the officers and directors of REGIONAL DEVELOPMENT AUTHORITY?
The 990 for the year ended June 30, 2025 lists 16 people; 1 received compensation from the organization, the highest $159,365 (MATT MENDENHALL, President & CEO).
How much revenue does REGIONAL DEVELOPMENT AUTHORITY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $7,113,550, expenses of $6,043,895 and total assets of $7,436,713 at year end.

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