Liabilities / Assets
79th percentile
Higher debt load relative to assets than 79% of similar nonprofits.
Illinois Economic Development
990EZ • Fiscal year 2018 • EIN 35-1087090
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.16x
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
63rd percentile
Higher net margin than 63% of similar nonprofits.
Top Officer Pay
70th percentile
Higher top officer pay than 70% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
53rd percentile
Faster asset growth than 53% of similar nonprofits.
Revenue Growth
66th percentile
Faster revenue growth than 66% of similar nonprofits.
Balance Sheet
Assets
Up$170,130
Up $11,211 (+7.1%) from 2016
Net Assets
Up$142,130
Up $14,711 (+12%) from 2016
Liabilities
Down$28,000
Down $3,500 (-11%) from 2016
Revenue And Expenses
Revenue
Up$93,942
Up $14,094 (+18%) from 2016
Expenses
Down$86,692
Down $807 (-0.9%) from 2016
Net Income
Up$7,250
Up $14,901 (+195%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2018 to Dec 31, 2018
- Signed
- Jun 17, 2019
- Return Version
- 2018v3.1
- Gross Receipts
- $93,942
Mission and Program Overview
Mission
Promote the economic development in the state of illinois
The illinois economic development association supports advocacy, education, and collaboration to enhance illinois' global competitiveness.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SPONSORS SPRING AND FALL CONFERENCES TO BRING TOGETHER ECONOMIC DEVELOPMENT PROFESSIONALS IN A SETTING CONDUCIVE TO THE EXCHANGE OF IDEAS AND INFORMATION. | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DAVID YOUNG | Imm Past CHA | - | $0 | - | - |
| KIM PIERCE | Chairman | - | $0 | - | - |
| BRYAN GAY | 1st Vice CHA | - | $0 | - | - |
| KEN SPRINGER | Director | - | $0 | - | - |
| MICHAEL MCDERMOTT | Director | - | $0 | - | - |
| MARK SPIZZO | 2nd Vice CHA | - | $0 | - | - |
| ADAM STROUD | Director | - | $0 | - | - |
| MARCEL WAGNER | Director | - | $0 | - | - |
| MICHAEL CASSA | Sec/Treasure | - | $0 | - | - |
| TOM KALLAY | Director | - | $0 | - | - |
| ELI FALLS | Director | - | $0 | - | - |
Political and Lobbying Activity
- In-house lobbying only
- No
Reported Spending and Taxes
| Line Item | Amount |
|---|---|
| Current Year Nondeductible Lobbying and Political Cost | $4,196 |
| Total Nondeductible Lobbying and Political Cost | $4,196 |
Filing and Contact Details
Filer
- Filer Name
- Illinois Economic Development
- EIN
- 35-1087090
- Address
- 225 E COOK STREET, SPRINGFIELD, IL 62704
Signing Officer
- Name
- Michael Cassa
- Title
- Sec/treasurer
- Phone
- 2175285230
- Signed
- 2019-06-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Estes Bridgewater & Ogden
- Address
- 901 S SECOND ST, SPRINGFIELD, IL 62704
- Preparer
- Lori K Milosevich
- Phone
- 2175288473
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8
“Advertising 1,800 total 1,800”
Form 990-ez, Part I, Line 16
“Expenses information technology 2,544 travel 1,891 board & committees 795 regional workshops 6,462 annual conference 13,016 young professionals event 467 insurance 1,685 telephone 303 bank & credit card charge 2,048 administrative fees 55,000 membership dues 317 scholarship-bedc 1,000 supplies 53 total 85,581”
Form 990-ez, Part II, Line 24
“Accounts receivable 150 0 prepaid expenses and deferred charges 1,500 1,000 total 1,650 1,000”
Form 990-ez, Part II, Line 26
“Deferred revenue 17,500 28,000”
Form 990-ez, Part III
“The illinois economic development association supports advocacy, education, and collaboration to enhance illinois' global competitiveness.”
Form 990-ez, Part V, Line 34
“The size of the board was reduced from nineteen to eleven”
Raw XML Appendix154 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | COOK-WITTER |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2177896252 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 225 E COOK ST |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | SPRINGFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 62704 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 150730 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 169130 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | true |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 7250 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 850 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 152380 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 170130 |
| IRS990EZ/GrossReceiptsAmt | 0 | 93942 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 848 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 46625 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 134880 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 142130 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 134880 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 142130 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 6 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 7 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 8 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 9 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 10 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 6 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 7 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 8 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 9 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 10 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DAVID YOUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | KIM PIERCE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | BRYAN GAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | KEN SPRINGER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | MICHAEL MCDERMOTT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | MARK SPIZZO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 6 | ADAM STROUD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 7 | MARCEL WAGNER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 8 | MICHAEL CASSA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 9 | TOM KALLAY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 10 | ELI FALLS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | IMM PAST CHA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | 1ST VICE CHA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | 2ND VICE CHA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 6 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 7 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 8 | SEC/TREASURE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 9 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 10 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1650 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 85581 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1800 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SUPPORTS ADVOCACY, EDUCATION, AND COLLABORATION TO ENHANCE ILLINOIS' GLOBAL COMPETITIVENESS. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 261 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 44669 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SPONSORS SPRING AND FALL CONFERENCES TO BRING TOGETHER ECONOMIC DEVELOPMENT PROFESSIONALS IN A SETTING CONDUCIVE TO THE EXCHANGE OF IDEAS AND INFORMATION. |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | true |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 17500 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 28000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 86692 |
| IRS990EZ/TotalRevenueAmt | 0 | 93942 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ILEDA.ORG |
| IRS990ScheduleC/AggregateReportedDuesNtcAmt | 0 | 4196 |
| IRS990ScheduleC/AgreeCarryoverPriorYearInd | 0 | false |
| IRS990ScheduleC/DuesAssessmentsAmt | 0 | 46625 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt | 0 | 4196 |
| IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt | 0 | 4196 |
| IRS990ScheduleC/OnlyInHouseLobbyingInd | 0 | false |
| IRS990ScheduleC/SubstantiallyAllDuesNondedInd | 0 | false |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ADVERTISING 1,800 TOTAL 1,800 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES INFORMATION TECHNOLOGY 2,544 TRAVEL 1,891 BOARD & COMMITTEES 795 REGIONAL WORKSHOPS 6,462 ANNUAL CONFERENCE 13,016 YOUNG PROFESSIONALS EVENT 467 INSURANCE 1,685 TELEPHONE 303 BANK & CREDIT CARD CHARGE 2,048 ADMINISTRATIVE FEES 55,000 MEMBERSHIP DUES 317 SCHOLARSHIP-BEDC 1,000 SUPPLIES 53 TOTAL 85,581 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACCOUNTS RECEIVABLE 150 0 PREPAID EXPENSES AND DEFERRED CHARGES 1,500 1,000 TOTAL 1,650 1,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DEFERRED REVENUE 17,500 28,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SUPPORTS ADVOCACY, EDUCATION, AND COLLABORATION TO ENHANCE ILLINOIS' GLOBAL COMPETITIVENESS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE SIZE OF THE BOARD WAS REDUCED FROM NINETEEN TO ELEVEN |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART V, LINE 34 |
| ReturnHeader/BuildTS | 0 | 2019-02-21 02:37:17Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL CASSA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | SEC/TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2175285230 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-06-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ILLINOIS ECONOMIC DEVELOPMENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | ASSOCIATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ILLI |
| ReturnHeader/Filer/EIN | 0 | 351087090 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 225 E COOK STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SPRINGFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 62704 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 643CD37A4B204A91E2F00E470C552978F5E19A5D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 4FE35ECE730D4C3FAE0D57F2AC876CDE9ABEF677 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 50.249.212.106 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-08-02 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:40:19 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 370265152 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ESTES BRIDGEWATER & OGDEN |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 901 S SECOND ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SPRINGFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 62704 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2175288473 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-06-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LORI K MILOSEVICH |
| ReturnHeader/ReturnTs | 0 | 2019-08-02T09:40:19-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2018-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-12-31 |
| ReturnHeader/TaxYr | 0 | 2018 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $170,130
- Liabilities
- $28,000
- Net assets
- $142,130
- Revenue
- $93,942
- Expenses
- $86,692
- Net income
- $7,250