Civic Intelligence

Illinois Economic Development

990EZ • Fiscal year 2020 • EIN 35-1087090

Jan 01, 2020 to Dec 31, 2020 • Filed on Feb 09, 2021

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

72nd percentile

0.11x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

84th percentile

0.28x

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

21st percentile

-21%

Higher net margin than 21% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-8.0%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

30th percentile

-39%

Faster revenue growth than 30% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$139,107

Down $12,112 (-8.0%) from 2019

Net Assets

Down

$123,942

Down $11,527 (-8.5%) from 2019

Liabilities

Down

$15,165

Down $585 (-3.7%) from 2019

Revenue

Down

$53,895

Down $34,328 (-39%) from 2019

Expenses

Down

$65,422

Down $29,462 (-31%) from 2019

Net Income

Down

-$11,527

Down $4,866 (-73%) from 2019

Historical Trend

Balance Sheet Trend

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

2020

Assets$139,107
Liabilities$15,165
Net Assets$123,942

Operations Trend

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

2020

Revenue$53,895
Expenses$65,422
Net Income-$11,527
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Feb 9, 2021
Return Version
2020v4.0
Gross Receipts
$53,895
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

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRYAN GAYChairman-$0--
MICHAEL CASSA1st Vice CHA-$0--
MARK WILLIAMS2nd Vice CHA-$0--
KEN SPRINGERSecretary/Tr-$0--
KIM PIERCEPast Chairma-$0--
ELI FALLSDirector-$0--
CHERYL WELGEDirector-$0--
MARCEL WAGNERDirector-$0--
CHRIS SETTIDirector-$0--
JOHN WATSON JRDirector-$0--
JAMES ARNOLDDirector-$0--
Political and Lobbying Activity
In-house lobbying only
No

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$5,069
Total Nondeductible Lobbying and Political Cost$5,069
Filing and Contact Details

Filer

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

Signing Officer

Name
Ken Springer
Title
Secretary/treasurer
Phone
2175285230
Signed
2021-02-09
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 1,993 total 1,993

Form 990-ez, Part I, Line 16

Expenses information technology 2,595 travel 97 regional workshops 875 annual conference 1,684 insurance 1,770 telephone 278 bank & credit card charge 975 membership dues 318 supplies 233 marketing expense 551 total 9,376

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 4,134 20,625 total 4,134 20,625

Form 990-ez, Part II, Line 26

Deferred revenue 15,750 15,165

Form 990-ez, Part III

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

Raw XML Appendix157 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0BRYAN GAY
CompensationExplanation/CompensationExplanationGrp/PersonNm1MICHAEL CASSA
CompensationExplanation/CompensationExplanationGrp/PersonNm2MARK WILLIAMS
CompensationExplanation/CompensationExplanationGrp/PersonNm3KEN SPRINGER
CompensationExplanation/CompensationExplanationGrp/PersonNm4KIM PIERCE
CompensationExplanation/CompensationExplanationGrp/PersonNm5ELI FALLS
CompensationExplanation/CompensationExplanationGrp/PersonNm6CHERYL WELGE
CompensationExplanation/CompensationExplanationGrp/PersonNm7MARCEL WAGNER
CompensationExplanation/CompensationExplanationGrp/PersonNm8CHRIS SETTI
CompensationExplanation/CompensationExplanationGrp/PersonNm9JOHN WATSON JR
CompensationExplanation/CompensationExplanationGrp/PersonNm10JAMES ARNOLD
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
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IRS990EZ/BooksInCareOfDetail/PhoneNum02177896252
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0225 E COOK ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6CHERYL WELGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7MARCEL WAGNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8CHRIS SETTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9JOHN WATSON JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10JAMES ARNOLD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04134
IRS990EZ/OtherAssetsTotalDetail/EOYAmt020625
IRS990EZ/OtherExpensesTotalAmt09376
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IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SUPPORTS ADVOCACY, EDUCATION, AND COLLABORATION TO ENHANCE ILLINOIS' GLOBAL COMPETITIVENESS.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SubjectToProxyTaxInd0true
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt015165
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt065422
IRS990EZ/TotalRevenueAmt053895
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.ILEDA.ORG
IRS990ScheduleC/AggregateReportedDuesNtcAmt05069
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt042245
IRS990ScheduleC/NonDeductibleLbbyngPltclCYAmt05069
IRS990ScheduleC/NonDeductibleLbbyngPltclTotAmt05069
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ADVERTISING 1,993 TOTAL 1,993
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INFORMATION TECHNOLOGY 2,595 TRAVEL 97 REGIONAL WORKSHOPS 875 ANNUAL CONFERENCE 1,684 INSURANCE 1,770 TELEPHONE 278 BANK & CREDIT CARD CHARGE 975 MEMBERSHIP DUES 318 SUPPLIES 233 MARKETING EXPENSE 551 TOTAL 9,376
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 4,134 20,625 TOTAL 4,134 20,625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DEFERRED REVENUE 15,750 15,165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION 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 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEN SPRINGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02175285230
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILLINOIS ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0351087090
ReturnHeader/Filer/USAddress/AddressLine1Txt0225 E COOK STREET
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ReturnHeader/Filer/USAddress/ZIPCd062704
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd062704
ReturnHeader/PreparerPersonGrp/PhoneNum02175288473
ReturnHeader/PreparerPersonGrp/PreparationDt02021-03-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI K MILOSEVICH
ReturnHeader/ReturnTs02021-04-04T13:50:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPRINGER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

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