Civic Intelligence

Illinois Economic Development

990EZ • Fiscal year 2016 • EIN 35-1087090

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 10, 2017

Organization ProfileWWW.ILEDA.ORG
225 E Cook StSpringfield, IL 62704

(217) 789-6252

Siviq Scores

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

Liabilities / Assets

80th percentile

0.20x

Higher debt load relative to assets than 80% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

92nd percentile

0.39x

Higher debt load relative to revenue than 92% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

22nd percentile

-9.6%

Higher net margin than 22% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

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.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

36th percentile

-4.0%

Faster asset growth than 36% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-23%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets80th percentile

Assets

Down

$158,919

Down $6,701 (-4.0%) from 2015

Net Assets

Down

$127,419

Down $7,651 (-5.7%) from 2015

Liabilities

Up

$31,500

Up $950 (+3.1%) from 2015

Revenue And Expenses
Liabilities / Revenue92nd percentileNet Margin22nd percentile

Revenue

Down

$79,848

Down $23,634 (-23%) from 2015

Expenses

Down

$87,499

Down $7,420 (-7.8%) from 2015

Net Income

Down

-$7,651

Down $16,214 (-189%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

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

$200K$150K$100K$50K$0Assets 2010: $172,216Liabilities 2010: $23,175Net Assets 2010: $149,0412010Assets 2011: $153,930Liabilities 2011: $14,700Net Assets 2011: $139,2302011Assets 2012: $145,140Liabilities 2012: $16,580Net Assets 2012: $128,5602012Assets 2013: $152,168Liabilities 2013: $16,500Net Assets 2013: $135,6682013Assets 2014: $144,132Liabilities 2014: $17,625Net Assets 2014: $126,5072014Assets 2015: $165,620Liabilities 2015: $30,550Net Assets 2015: $135,0702015Assets 2016: $158,919Liabilities 2016: $31,500Net Assets 2016: $127,4192016Assets 2018: $170,130Liabilities 2018: $28,000Net Assets 2018: $142,1302018Assets 2019: $151,219Liabilities 2019: $15,750Net Assets 2019: $135,4692019Assets 2020: $139,107Liabilities 2020: $15,165Net Assets 2020: $123,9422020Assets 2021: $113,939Liabilities 2021: $9,290Net Assets 2021: $104,6492021Assets 2022: $82,930Liabilities 2022: $9,250Net Assets 2022: $73,6802022Assets 2023: $83,215Liabilities 2023: $3,500Net Assets 2023: $79,7152023Assets 2024: $62,643Liabilities 2024: $4,500Net Assets 2024: $58,1432024

Highlighted filing

2016

Assets$158,919
Liabilities$31,500
Net Assets$127,419
Open 2016 Filing

Operations Trend

Revenue Growth14th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $125,429Expenses 2010: $104,239Net Income 2010: $21,1902010Revenue 2011: $126,904Expenses 2011: $136,715Net Income 2011: -$9,8112011Revenue 2012: $92,387Expenses 2012: $103,057Net Income 2012: -$10,6702012Revenue 2013: $85,388Expenses 2013: $78,280Net Income 2013: $7,1082013Revenue 2014: $76,982Expenses 2014: $86,143Net Income 2014: -$9,1612014Revenue 2015: $103,482Expenses 2015: $94,919Net Income 2015: $8,5632015Revenue 2016: $79,848Expenses 2016: $87,499Net Income 2016: -$7,6512016Revenue 2018: $93,942Expenses 2018: $86,692Net Income 2018: $7,2502018Revenue 2019: $88,223Expenses 2019: $94,884Net Income 2019: -$6,6612019Revenue 2020: $53,895Expenses 2020: $65,422Net Income 2020: -$11,5272020Revenue 2021: $46,842Expenses 2021: $66,136Net Income 2021: -$19,2942021Revenue 2022: $85,960Expenses 2022: $116,929Net Income 2022: -$30,9692022Revenue 2023: $92,631Expenses 2023: $86,595Net Income 2023: $6,0362023Revenue 2024: $109,892Expenses 2024: $131,462Net Income 2024: -$21,5702024

Highlighted filing

2016

Revenue$79,848
Expenses$87,499
Net Income-$7,651
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 10, 2017
Return Version
2016v3.0
Gross Receipts
$79,848
Mission and Program Overview

Mission

Promote the economic development in the state of illinois

The illinois economic council supports advocacy, education, and collaboration to enhance illinois' global competitiveness.

Program Services

DescriptionGrantsExpenses
THE ILLINOIS DEVELOPMENT COUNCIL 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
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BETTY STEINERTChairman-$0--
DAVID YOUNG1st Vice CHA-$0--
KIM PIERCE2nd Vice CHA-$0--
BRYAN GAYSecretary/Tr-$0--
ANGELA GRIFFINImmed. Past-$0--
PAM CUMPATADirector-$0--
REGGIE GREENWOODDirector-$0--
CARLY MCCRORYDirector-$0--
MICHAEL MCDERMOTTDirector-$0--
ED SITARDirector-$0--
HEATHER SOTELODirector-$0--
MARK SPIZZODirector-$0--
ADAM STROUDDirector-$0--
CRAIG COILDirector-$0--
WALT WILLIAMSDirector-$0--
MICHAEL CASSADirector-$0--
KIM EWOLDSENDirector-$0--
TOM KALLAYDirector-$0--
ELI FALLSDirector-$0--
Filing and Contact Details

Filer

Filer Name
Illinois Development Council
EIN
35-1087090
Address
225 E COOK ST, SPRINGFIELD, IL 62704

Signing Officer

Name
Bryan Gay
Title
Secretary/treasurer
Phone
2175285230
Signed
2017-03-10
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 2,700 total 2,700”

Form 990-ez, Part I, Line 16

“Expenses office 556 information technology 686 travel 625 conferences/meetings 22,515 insurance 1,674 telephone 297 bank & credit card charge 1,392 administrative fees 46,332 membership dues 49 legislative tracking 8,000 board & committees expens 2,543 total 84,669”

Form 990-ez, Part II, Line 26

“Deferred revenue 30,550 31,500”

Form 990-ez, Part III

“The illinois economic council supports advocacy, education, and collaboration to enhance illinois' global competitiveness.”

Raw XML Appendix165 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt18DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 2,700 TOTAL 2,700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES OFFICE 556 INFORMATION TECHNOLOGY 686 TRAVEL 625 CONFERENCES/MEETINGS 22,515 INSURANCE 1,674 TELEPHONE 297 BANK & CREDIT CARD CHARGE 1,392 ADMINISTRATIVE FEES 46,332 MEMBERSHIP DUES 49 LEGISLATIVE TRACKING 8,000 BOARD & COMMITTEES EXPENS 2,543 TOTAL 84,669
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 30,550 31,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ILLINOIS ECONOMIC COUNCIL SUPPORTS ADVOCACY, EDUCATION, AND COLLABORATION TO ENHANCE ILLINOIS' GLOBAL COMPETITIVENESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
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ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$158,919
Liabilities
$31,500
Net assets
$127,419
Revenue
$79,848
Expenses
$87,499
Net income
-$7,651
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.63$0.05$0.58$1.10$1.31$0.22
2023Detailed filing. Detailed filing data is available for this year.$0.83$0.04$0.80$0.93$0.87$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.09$0.74$0.86$1.17$0.31
2021Detailed filing. Detailed filing data is available for this year.$1.14$0.09$1.05$0.47$0.66$0.19
2020Detailed filing. Detailed filing data is available for this year.$1.39$0.15$1.24$0.54$0.65$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.51$0.16$1.35$0.88$0.95$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.70$0.28$1.42$0.94$0.87$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.59$0.32$1.27$0.80$0.87$0.08
2015Detailed filing. Detailed filing data is available for this year.$1.66$0.31$1.35$1.03$0.95$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.44$0.18$1.27$0.77$0.86$0.09
2013Detailed filing. Detailed filing data is available for this year.$1.52$0.17$1.36$0.85$0.78$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.45$0.17$1.29$0.92$1.03$0.11
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.54$0.15$1.39$1.27$1.37$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.23$1.49$1.25$1.04$0.21