Organizations Filed Purposes:
THE GREATER STERLING DEVELOPMENT CORPORATION (GSDC) WAS CREATED TO COORDINATE AND STREAMLINE ECONOMIC DEVELOPMENT EFFORTS IN THE CITY OF STERLING, WHITESIDE COUNTY AND THE SURROUNDING AREAS.
TO CREATE ECONOMIC AND JOB GROWTH IN THE STERLING AREA THROUGH BUSINESS EXPANSION, NEW INVESTMENT AND RETENTION.
INCUBATOR MANAGEMENT - OPERATE 50,000 SQ FT INDUSTRIAL FACILITY FOR THE CITY OF STERLING, ILLINOIS. RECRUIT AND ASSIST START-UP BUSINESSES, MARKETING AND PLANNING. RENT AND MAINTAIN REAL ESTATE FOR LOCAL BUSINESSES. ALSO PROVIDE LOANS TO START-UP BUSINESSES IN CONJUNCTION WITH THE CITY OF STERLING'S REVOLVING LOAN FUND. THE ORGANIZATION LEASES ONE OF ITS BUILDINGS TO VARIOUS LOCAL NON-PROFIT ORGANIZATIONS AT NO COST. THE IN-KIND RENT CONTRIBUTION IS ESTIMATED TO BE $108,000 FOR THE CURRENT YEAR.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Heather Sotelo | EXECUTIVE DIRECTOR | 40 | $88,791 |
| Jennifer Dallas | DIRECTOR | 1 | $0 |
| Cindy Zander | DIRECTOR | 1 | $0 |
| Craig Froeter | DIRECTOR | 1 | $0 |
| Scott Shumard | DIRECTOR | 1 | $0 |
| John Rosengren | DIRECTOR | 1 | $0 |
| Dave Hurless | DIRECTOR | 1 | $0 |
| Dirk Meminger | DIRECTOR | 1 | $0 |
| Dick Baumann | TREASURER | 1 | $0 |
| Mark Zumdahl | SECRETARY | 1 | $0 |
| Peter W Dillon | VICE CHAIRMAN | 1 | $0 |
| Ed Andersen | CHAIRMAN | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003539349300910_public.xml