Civic Intelligence

Montgomery County Economic Development Corporation

990EZ • Fiscal year 2023 • EIN 03-0551657

Jan 01, 2023 to Dec 31, 2023 • Filed on May 30, 2024

Organization Profile
516 Elevator StreetFarmersville, IL 62533

(217) 273-4335

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.00x

Higher debt load relative to assets than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

63rd percentile

0.00x

Higher debt load relative to revenue than 63% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

43rd percentile

0.1%

Higher net margin than 43% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

0.2%

Faster asset growth than 49% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

73rd percentile

32%

Faster revenue growth than 73% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$227,639

Up $388 (+0.2%) from 2022

Net Assets

Up

$227,303

Up $52 (+0.0%) from 2022

Liabilities

Up

$336

Up $336 from 2022

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin43rd percentile

Revenue

Up

$91,382

Up $22,127 (+32%) from 2022

Expenses

Down

$91,330

Down $17,719 (-16%) from 2022

Net Income

Up

$52

Up $39,846 (+100%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth49th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0-$100KAssets 2010: $715Liabilities 2010: $9,774Net Assets 2010: -$9,0592010Assets 2011: $5,333Liabilities 2011: $0Net Assets 2011: $5,3332011Assets 2012: $21,612Liabilities 2012: $0Net Assets 2012: $21,6122012Assets 2013: $42,782Liabilities 2013: $0Net Assets 2013: $42,7822013Assets 2014: $62,206Liabilities 2014: $0Net Assets 2014: $62,2062014Assets 2015: $173,838Liabilities 2015: $0Net Assets 2015: $173,8382015Assets 2016: $204,321Liabilities 2016: $0Net Assets 2016: $204,3212016Assets 2017: $221,042Liabilities 2017: $0Net Assets 2017: $221,0422017Assets 2018: $270,845Liabilities 2018: $0Net Assets 2018: $270,8452018Assets 2019: $254,563Liabilities 2019: $0Net Assets 2019: $254,5632019Assets 2020: $267,963Liabilities 2020: $0Net Assets 2020: $267,9632020Assets 2021: $267,045Liabilities 2021: $0Net Assets 2021: $267,0452021Assets 2022: $227,251Liabilities 2022: $0Net Assets 2022: $227,2512022Assets 2023: $227,639Liabilities 2023: $336Net Assets 2023: $227,3032023Assets 2024: $246,970Liabilities 2024: $0Net Assets 2024: $246,9702024Assets 2025: $237,264Liabilities 2025: $0Net Assets 2025: $237,2642025

Highlighted filing

2023

Assets$227,639
Liabilities$336
Net Assets$227,303
Open 2023 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$100K$0-$100KRevenue 2010: $72,430Expenses 2010: $78,044Net Income 2010: -$5,6142010Revenue 2011: $71,913Expenses 2011: $57,521Net Income 2011: $14,3922011Revenue 2012: $65,590Expenses 2012: $49,311Net Income 2012: $16,2792012Revenue 2013: $68,210Expenses 2013: $47,040Net Income 2013: $21,1702013Revenue 2014: $69,768Expenses 2014: $50,344Net Income 2014: $19,4242014Revenue 2015: $158,778Expenses 2015: $47,146Net Income 2015: $111,6322015Revenue 2016: $102,219Expenses 2016: $71,736Net Income 2016: $30,4832016Revenue 2017: $124,208Expenses 2017: $107,487Net Income 2017: $16,7212017Revenue 2018: $164,255Expenses 2018: $114,452Net Income 2018: $49,8032018Revenue 2019: $108,401Expenses 2019: $124,683Net Income 2019: -$16,2822019Revenue 2020: $137,723Expenses 2020: $124,323Net Income 2020: $13,4002020Revenue 2021: $107,645Expenses 2021: $108,563Net Income 2021: -$9182021Revenue 2022: $69,255Expenses 2022: $109,049Net Income 2022: -$39,7942022Revenue 2023: $91,382Expenses 2023: $91,330Net Income 2023: $522023Revenue 2024: $111,901Expenses 2024: $92,234Net Income 2024: $19,6672024Revenue 2025: $99,952Expenses 2025: $109,658Net Income 2025: -$9,7062025

Highlighted filing

2023

Revenue$91,382
Expenses$91,330
Net Income$52
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 30, 2024
Return Version
2023v5.0
Gross Receipts
$91,382
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Program Services

DescriptionGrantsExpenses
INCREASE ECONOMIC STANDARD OF LIVING AND QUALITY OFLIFE IN MONTGOMERY COUNTY BY PROVIDING EDUCATIONAL OPPORTUNITIES AND EDUCATIONAL SUPPORT--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE WILSONPresidentPT$0--
JODI REYNOLDSSecretary-$0--
CASSANDRA ROVEYDirector-$0--
SARAH MCCONNELLVice President-$0--
Filing and Contact Details

Filer

Filer Name
Montgomery County Economic Developm
EIN
03-0551657
Address
516 ELEVATOR STREET, FARMERSVILLE, IL 62533

Signing Officer

Name
Cassandra Rovey
Title
Director
Phone
2178993357
Signed
2024-05-30
Discuss with paid preparer
Yes

Preparer

Firm
Patton & Company Pc
Address
PO BOX 458, HILLSBORO, IL 62049
Preparer
R M Patton
Phone
2175323825
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountmiscellaneous 2,187class income 43,666”

Description of other expenses Part I line 16

“Description amountadvertising marketing 856montgomery ceo expenses 35,347executive director contract 31,100insurance 970miscellaneous 1,165office 5,875dues 392”

Description of total liabilities Part II line 26

“Category beginning of year end of yearpayroll liabilities 0 336”

Raw XML Appendix155 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0CASSANDRA ROVEY
IRS990EZ/BooksInCareOfDetail/PhoneNum02172734335
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031387 E 1ST ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FARMERSVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd062533
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0227251
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0227639
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IRS990EZ/DonorAdvisedFndsInd0false
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IRS990EZ/ExcessOrDeficitForYearAmt052
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrossReceiptsAmt091382
IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/InvestmentIncomeAmt03631
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt041898
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0227251
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0227303
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0227251
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0227303
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATIE WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JODI REYNOLDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CASSANDRA ROVEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SARAH MCCONNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt075705
IRS990EZ/OtherRevenueTotalAmt045853
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ECONOMIC DEVELOPMENT
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INCREASE ECONOMIC STANDARD OF LIVING AND QUALITY OFLIFE IN MONTGOMERY COUNTY BY PROVIDING EDUCATIONAL OPPORTUNITIES AND EDUCATIONAL SUPPORT
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt012185
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0336
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt091330
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt091382
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt041898
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt052607
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt095757
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt087429
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0378242
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03631
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01011
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0557
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0859
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt01424
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07482
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt045853
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt015637
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt011331
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt036313
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt019548
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0128682
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73530
IRS990ScheduleA/PublicSupportPY170Pct00.78340
IRS990ScheduleA/PublicSupportTotal170Amt0378242
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt041898
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt052607
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt095757
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100551
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt087429
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0378242
IRS990ScheduleA/TotalSupportAmt0514406
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTMISCELLANEOUS 2,187CLASS INCOME 43,666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTADVERTISING MARKETING 856MONTGOMERY CEO EXPENSES 35,347EXECUTIVE DIRECTOR CONTRACT 31,100INSURANCE 970MISCELLANEOUS 1,165OFFICE 5,875DUES 392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL LIABILITIES 0 336
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CASSANDRA ROVEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02178993357
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MONTGOMERY COUNTY ECONOMIC DEVELOPM
ReturnHeader/Filer/BusinessNameControlTxt0MONT
ReturnHeader/Filer/EIN0030551657
ReturnHeader/Filer/USAddress/AddressLine1Txt0516 ELEVATOR STREET
ReturnHeader/Filer/USAddress/CityNm0FARMERSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd062533
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364167200
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PATTON & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 458
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILLSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062049
ReturnHeader/PreparerPersonGrp/PhoneNum02175323825
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0R M PATTON
ReturnHeader/ReturnTs02024-06-11T16:30:48-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CASSANDRA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ROVEY
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$227,639
Liabilities
$336
Net assets
$227,303
Revenue
$91,382
Expenses
$91,330
Net income
$52
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.37$0.00$2.37$1.00$1.10$0.10
2024Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$1.12$0.92$0.20
2023Detailed filing. Detailed filing data is available for this year.$2.28$0.00$2.27$0.91$0.91$0.00
2022Detailed filing. Detailed filing data is available for this year.$2.27$0.00$2.27$0.69$1.09$0.40
2021Detailed filing. Detailed filing data is available for this year.$2.67$0.00$2.67$1.08$1.09$0.01
2020Detailed filing. Detailed filing data is available for this year.$2.68$0.00$2.68$1.38$1.24$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$1.08$1.25$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$1.64$1.14$0.50
2017Detailed filing. Detailed filing data is available for this year.$2.21$0.00$2.21$1.24$1.07$0.17
2016Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$1.02$0.72$0.30
2015Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$1.59$0.47$1.12
2014Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.70$0.50$0.19
2013Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.68$0.47$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.22$0.00$0.22$0.66$0.49$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.72$0.58$0.14
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.01$0.10$0.09$0.72$0.78$0.06