Form 990 for tax year 2023
Filed by TRI- COUNTY ECONOMIC DEVELOPMENT ALLIANCE INC.
Totals
- Total revenue
- $195,597
- Total expenses
- $173,141
- Contributions and grants received
- $192,824
- Grants paid
- $6,000
- Program service revenue
- $2,362
- Investment income
- $411
- Other revenue
- $0
- Total assets, end of year
- $191,989
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $191,989
- Program services expenses (Part IX)
- $54,726
- Management and general expenses
- $118,415
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $54,726
Program services were 31.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$192,824
-
1g · Noncash contributions included above
$17,869
-
2a · Program service revenue: ANNUAL MEETING
total $1,200 · related or exempt $1,200
-
2b · Program service revenue: SPONSORSHIPS
total $75 · related or exempt $75
-
2c · Program service revenue: MISC REVENUE
total $1,087 · related or exempt $1,087
-
3 · Investment income
total $411 · related or exempt $411
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $6,000 · program services $6,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $23,910 · management and general $23,910
-
8 · Pension plan contributions
total $1,701 · management and general $1,701
-
9 · Other employee benefits
total $6,038 · management and general $6,038
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $83,735 · management and general $83,735
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $329 · management and general $329
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $23,947 · program services $23,947
-
13 · Office expenses
total $12,507 · program services $12,507
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $3,600 · program services $3,600
-
17 · Travel
total $7,375 · program services $7,375
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $1,297 · program services $1,297
-
24a · Other expenses: PROFESSIONAL MEMBERS
total $2,702 · management and general $2,702
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $74,528 · end of year $75,653
-
2 · Savings and temporary cash investments
beginning of year $93,755 · end of year $114,136
-
4 · Accounts receivable
beginning of year $1,250 · end of year $2,200
-
10a · Land, buildings and equipment: cost or other basis
$7,135
-
10b · Land, buildings and equipment: accumulated depreciation
$7,135
-
31 · Retained earnings, endowment or other funds
beginning of year $169,533 · end of year $191,989
Mission and programs · 2023
Mission
TCEDAS MISSION IS TO SIGINFICANTLY ENHANCE ECONOMIC DEVELOPMENT PROGRESS IN NORTHWEST ILLINOIS AND BEYOND, AS ULTIMATELY BY JOB CREATION.
Activities or mission (Part I)
FOSTER ECONOMIC DEVELOPMENT IN NORTHWEST ILLINOIS
-
TCEDA WORKS WITH BUSINESSES CONSIDERING MOVING OPERATIONS FORM NORTHWEST ILLINOIS TO OTHER LOCATIONS. SERVICES INCLUDE COORDINATION OF SUPPORT WITH UPGRADES OR RELOCATION WITHIN THE AREAS WELL AS RESEARCHING OUTSIDE ASSISTANCE OPTIONS.
-
TCEDA WORKS EXTENSIVELY ON BUILDING AND FOSTERING STRATEGIC PARTNERSHIPS WITH OTHER ECONOMIC DEVELOPMENT ENTITIES AND BUSINESS INTERESTS THROUGHT THE REGION TO ASSURE REGIONAL THINKING REGARDING THE NEED FOR SUCCESSFUL ECONMIC DEVELOPMENT.
Expenses $54,726
As filed on the 2023 return.
Listed in Part VII
-
Christina KuberskiCHRISTINA KUBERSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
-
Mike CasperMIKE CASPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
-
Ron SmithRON SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
-
Caleb CraftCALEB CRAFT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
-
William JahnkeWILLIAM JAHNKE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Joseph MattinglyJOSEPH MATTINGLY
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Tiffany BrandtTIFFANY BRANDT
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Amiee SchoenhaarAMIEE SCHOENHAAR
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Amy BakerAMY BAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
-
Rob DaviesROB DAVIES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
-
Diane GallagherDIANE GALLAGHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.02
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
- 2023
- Filed
- 22 February 2024
- IRS schema version
- 2023v4.0
- Source object
- 202400569349300015
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