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Nonprofiteer
← ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION

Form 990 for tax year 2024

Filed by ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION.

Totals

Total revenue
$13,490,878
Total expenses
$11,920,199
Contributions and grants received
$10,612,182
Grants paid
$3,714,339
Program service revenue
$2,677,335
Investment income
$97,448
Other revenue
$103,913
Total assets, end of year
$13,108,858
Total liabilities, end of year
$1,672,627
Net assets or fund balances, end of year
$11,436,231
Program services expenses (Part IX)
$10,580,948
Management and general expenses
$1,339,251
Fundraising expenses
$0
Program service expenses (Part III)
$10,580,948

Program services were 88.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • LINDA DAVIDSON

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • BECKY SHIPLEY

    VICE BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • JOYCE CLARK

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • SHAWNA POE

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • JACOB COPPLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DANA YOWELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LARRY SCHMIDT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CAROL SCHAFFNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CINDY COFFMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SARAH WORKMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RICHARD LOTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GARY KRUEGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LYNN ROBINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KATHY ROGERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BETH TRIPLETT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • AMBER NASH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KATIE ABBEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LISA SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • ANGELA ALLEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SANDY TEICHMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JESSICA BAZE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LYNN PETRELLI

    CFO

    Total calculated
    $109,680
    From this org
    $92,970
    From related orgs
    $0
    Other
    $16,710
    Hours/week
    40

  • STEPHANIE STAHLHUT

    EXECUTIVE DIRECTOR

    Total calculated
    $111,477
    From this org
    $96,196
    From related orgs
    $0
    Other
    $15,281
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
5 April 2026
IRS schema version
2024v5.5
Source object
202600999349301830

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