Nonprofit · EIN 87-4616912
ROCKFORD COMMUNITY INVESTMENT FUND
Tax-exempt · ROCKFORD, IL 61101
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $480,571 | $471,273 | $9,298 | $5,056,016 | $5,048,134 | $7,882 |
| September 30, 2023 | 990 | $40,652 | $44,906 | -$4,254 | $1,945,784 | $2,000,850 | -$55,066 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $478,852
- Investment income
- $104
- Other revenue
- $1,615
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $3,328
- Accounting fees
- $12,875
- Program services (functional)
- $370,587
- Management and general (functional)
- $100,686
Balance sheet and other
- Total assets, start of year
- $3,201,552
- Total assets, end of year
- $5,056,016
- Total liabilities, end of year
- $5,048,134
- Net assets, end of year
- $7,882
- Net assets without donor restrictions
- $7,882
- Gross receipts
- $480,571
- Employees
- 0
- Volunteers
- 9
- Year formed
- 2022
- State of legal domicile
- IL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| THOMAS SANDQUIST | EXECUTIVE DI Officer | 40 | $0 | $113,909 |
| JEFF FAHRENWALD | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| SHELTON KAY | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHN PHELPS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LINDA HECKERT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| CHARLES BOX | BOD Trustee or director | 2 | $0 | $0 |
| TODD CAGNONI | BOD Trustee or director | 2 | $0 | $0 |
| BRENTEN WITHERBY | BOD Trustee or director | 2 | $0 | $0 |
| JOJO GENDEN | BOD Trustee or director | 2 | $0 | $0 |
| JAMES RYAN | BOD Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| THOMAS SANDQUIST | EXECUTIVE DI Trustee or director | 40 | $0 | $87,370 |
| JEFF FAHRENWALD | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| JOHN PHELPS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| LINDA HECKERT | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| EARL DOTSON JR | BOD Trustee or director | 2 | $0 | $0 |
| TODD CAGNONI | BOD Trustee or director | 2 | $0 | $0 |
| ALFREDO LINARES | BOD Trustee or director | 2 | $0 | $0 |
| CHARLES BOX | BOD Trustee or director | 2 | $0 | $0 |
| SHELTON KAY | BOD Trustee or director | 2 | $0 | $0 |
| JIM RYAN | BOD Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 120 W STATE ST STE 306, ROCKFORD, IL 61101-1199
- In care of
- % TOM SANDQUIST
- Principal officer (990 for 2024)
- JEFF FAHRENWALD, 120 WEST STATE ST STE 306, ROCKFORD, IL 61101
- Signed the 990
- JEFF FAHRENWALD, CHAIR
- Phone
- (815) 987-8675
- Return prepared by
- BENNING GROUP LLC
Mission
TO SUPPORT HOUSING AND COMMUNITY DEVELOPMENT VENTURES
Program accomplishments
- RCIF MANAGES A LOAN FUND WHICH PROVIDES ACCESS TO CAPITAL TO FINANCE THE REHABILITATION OF DILAPIDATED HOMES, PRIMARILY IN LOW AND MODERATE INCOME NEIGHBORHOODS. AS OF 9/30/2025, RCIF HAS 52 LOANS OUTSTANDING AND HAD FINANCED A TOTAL OF 153 PROJECTS.Expenses $370,587 · revenue $478,852
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | Check at the IRS |
IRS record
- EIN
- 87-4616912
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $5,056,016
- Income (IRS master file)
- $480,571
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $480,571 | $471,273 | $5,056,016 | XML |
| 990 | September 2023 | $40,652 | $44,906 | $1,945,784 | XML |
| 990 | June 2023 | $197,414 | $167,406 | $1,949,188 | IRS |
| 990-EZ | June 2022 | – | – | – | 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 87-4616912).
Questions about ROCKFORD COMMUNITY INVESTMENT FUND
- What is the EIN of ROCKFORD COMMUNITY INVESTMENT FUND?
- The employer identification number (EIN) of ROCKFORD COMMUNITY INVESTMENT FUND is 87-4616912.
- Is ROCKFORD COMMUNITY INVESTMENT FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ROCKFORD COMMUNITY INVESTMENT FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCKFORD COMMUNITY INVESTMENT FUND 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 ROCKFORD COMMUNITY INVESTMENT FUND due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCKFORD COMMUNITY INVESTMENT FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of ROCKFORD COMMUNITY INVESTMENT FUND?
- The 990 for the year ended September 30, 2025 names JEFF FAHRENWALD.
- Who are the officers and directors of ROCKFORD COMMUNITY INVESTMENT FUND?
- The 990 for the year ended September 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does ROCKFORD COMMUNITY INVESTMENT FUND have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $480,571, expenses of $471,273 and total assets of $5,056,016 at year end.
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All nonprofits in ROCKFORD · Illinois · Community improvement and capacity building