Civic Intelligence

Illinois Economic Development

990EZ • Fiscal year 2019 • EIN 35-1087090

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 20, 2020

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

(217) 789-6252

Siviq Scores

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

Liabilities / Assets

74th percentile

0.10x

Higher debt load relative to assets than 74% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

84th percentile

0.18x

Higher debt load relative to revenue than 84% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

26th percentile

-7.6%

Higher net margin than 26% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

25th percentile

-11%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-6.1%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$151,219

Down $18,911 (-11%) from 2018

Net Assets

Down

$135,469

Down $6,661 (-4.7%) from 2018

Liabilities

Down

$15,750

Down $12,250 (-44%) from 2018

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin26th percentile

Revenue

Down

$88,223

Down $5,719 (-6.1%) from 2018

Expenses

Up

$94,884

Up $8,192 (+9.4%) from 2018

Net Income

Down

-$6,661

Down $13,911 (-192%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth25th 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

2019

Assets$151,219
Liabilities$15,750
Net Assets$135,469
Open 2019 Filing

Operations Trend

Revenue Growth35th 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

2019

Revenue$88,223
Expenses$94,884
Net Income-$6,661
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 20, 2020
Return Version
2019v5.0
Gross Receipts
$88,223
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

DescriptionGrantsExpenses
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
Top Officer Pay71st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRYAN GAYChairman-$0--
MARK SPIZZO1st Vice CHA-$0--
MICHAEL CASSA2nd Vice CHA-$0--
MARK WILLIAMSSecretary/Tr-$0--
KIM PIERCEPast Chairma-$0--
ELI FALLSDirector-$0--
KEN SPRINGERDirector-$0--
MARCEL WAGNERDirector-$0--
CHRIS SETTIDirector-$0--
JOHN WATSON JRDirector-$0--
CHERYL WELGEDirector-$0--
Political and Lobbying Activity
In-house lobbying only
No

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$3,000
Total Nondeductible Lobbying and Political Cost$3,000
Filing and Contact Details

Filer

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

Signing Officer

Name
Mark Williams
Title
Secretary/treasurer
Phone
2175285230
Signed
2020-02-20
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 300 total 300”

Form 990-ez, Part I, Line 16

“Expenses information technology 4,980 travel 998 board & committees 2,094 regional workshops 7,234 annual conference 18,602 insurance 1,736 telephone 208 bank & credit card charge 1,687 membership dues 307 scholarship-bedc 1,000 supplies 205 total 39,051”

Form 990-ez, Part II, Line 24

“Prepaid expenses and deferred charges 1,000 4,134 total 1,000 4,134”

Form 990-ez, Part II, Line 26

“Deferred revenue 28,000 15,750”

Form 990-ez, Part III

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

Raw XML Appendix152 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 300 TOTAL 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INFORMATION TECHNOLOGY 4,980 TRAVEL 998 BOARD & COMMITTEES 2,094 REGIONAL WORKSHOPS 7,234 ANNUAL CONFERENCE 18,602 INSURANCE 1,736 TELEPHONE 208 BANK & CREDIT CARD CHARGE 1,687 MEMBERSHIP DUES 307 SCHOLARSHIP-BEDC 1,000 SUPPLIES 205 TOTAL 39,051
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED REVENUE 28,000 15,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SUPPORTS ADVOCACY, EDUCATION, AND COLLABORATION TO ENHANCE ILLINOIS' GLOBAL COMPETITIVENESS.
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ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$151,219
Liabilities
$15,750
Net assets
$135,469
Revenue
$88,223
Expenses
$94,884
Net income
-$6,661
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