Civic Intelligence

Dekalb County Economic Development

EIN 36-3524353 • 501(c)3 • Dekalb, IL

Profile

Promote and assist the growth and development of business in dekalb county, attract business and industry to dekalb county, assist with workforce development, and facilitate demographic research and educational activities.

2179 Sycamore Road Ste 102Dekalb, IL 60115

www.dcedc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.14x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

70th percentile

0.11x

Higher debt load relative to revenue than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

13th percentile

-26%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

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.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

16th percentile

-14%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Revenue Growth

32nd percentile

-3.5%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2024

Assets

Down

$409,241

Down $146,529 (-26%) from 2023

Liabilities

Down

$56,814

Down $8,440 (-13%) from 2023

Net Assets

Down

$352,427

Down $138,089 (-28%) from 2023

Revenue

Down

$522,313

Down $125,440 (-19%) from 2023

Expenses

Up

$660,402

Up $47,829 (+7.8%) from 2023

Net Income

Down

-$138,089

Down $173,269 (-493%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $210,029Liabilities 2011: $46,258Net Assets 2011: $163,7712011Assets 2012: $228,702Liabilities 2012: $41,118Net Assets 2012: $187,5842012Assets 2013: $311,551Liabilities 2013: $25,789Net Assets 2013: $285,7622013Assets 2014: $315,511Liabilities 2014: $32,344Net Assets 2014: $283,1672014Assets 2015: $332,562Liabilities 2015: $32,955Net Assets 2015: $299,6072015Assets 2016: $290,885Liabilities 2016: $15,758Net Assets 2016: $275,1272016Assets 2017: $314,243Liabilities 2017: $11,973Net Assets 2017: $302,2702017Assets 2018: $295,451Liabilities 2018: $12,973Net Assets 2018: $282,4782018Assets 2019: $328,357Liabilities 2019: $973Net Assets 2019: $327,3842019Assets 2020: $328,337Liabilities 2020: $642Net Assets 2020: $327,6952020Assets 2021: $494,025Liabilities 2021: $3,200Net Assets 2021: $490,8252021Assets 2022: $550,331Liabilities 2022: $94,995Net Assets 2022: $455,3362022Assets 2023: $555,770Liabilities 2023: $65,254Net Assets 2023: $490,5162023Assets 2024: $409,241Liabilities 2024: $56,814Net Assets 2024: $352,4272024

Highlighted filing

2024

Assets$409,241
Liabilities$56,814
Net Assets$352,427

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2011: $303,8442011Expenses 2012: $333,5882012Revenue 2013: $492,014Expenses 2013: $393,836Net Income 2013: $98,1782013Revenue 2014: $423,800Expenses 2014: $426,395Net Income 2014: -$2,5952014Revenue 2015: $467,959Expenses 2015: $451,519Net Income 2015: $16,4402015Revenue 2016: $427,645Expenses 2016: $452,125Net Income 2016: -$24,4802016Revenue 2017: $497,586Expenses 2017: $470,443Net Income 2017: $27,1432017Revenue 2018: $398,816Expenses 2018: $421,923Net Income 2018: -$23,1072018Revenue 2019: $518,479Expenses 2019: $477,974Net Income 2019: $40,5052019Revenue 2020: $499,364Expenses 2020: $501,722Net Income 2020: -$2,3582020Revenue 2021: $611,941Expenses 2021: $448,811Net Income 2021: $163,1302021Revenue 2022: $561,356Expenses 2022: $596,845Net Income 2022: -$35,4892022Revenue 2023: $647,753Expenses 2023: $612,573Net Income 2023: $35,1802023Revenue 2024: $522,313Expenses 2024: $660,402Net Income 2024: -$138,0892024

Highlighted filing

2024

Revenue$522,313
Expenses$660,402
Net Income-$138,089

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.09$0.57$3.52$5.22$6.60$1.38
2023Detailed filing. Detailed filing data is available for this year.$5.56$0.65$4.91$6.48$6.13$0.35
2022Detailed filing. Detailed filing data is available for this year.$5.50$0.95$4.55$5.61$5.97$0.35
2021Detailed filing. Detailed filing data is available for this year.$4.94$0.03$4.91$6.12$4.49$1.63
2020Detailed filing. Detailed filing data is available for this year.$3.28$0.01$3.28$4.99$5.02$0.02
2019Detailed filing. Detailed filing data is available for this year.$3.28$0.01$3.27$5.18$4.78$0.41
2018Detailed filing. Detailed filing data is available for this year.$2.95$0.13$2.82$3.99$4.22$0.23
2017Detailed filing. Detailed filing data is available for this year.$3.14$0.12$3.02$4.98$4.70$0.27
2016Detailed filing. Detailed filing data is available for this year.$2.91$0.16$2.75$4.28$4.52$0.24
2015Detailed filing. Detailed filing data is available for this year.$3.33$0.33$3.00$4.68$4.52$0.16
2014Detailed filing. Detailed filing data is available for this year.$3.16$0.32$2.83$4.24$4.26$0.03
2013Detailed filing. Detailed filing data is available for this year.$3.12$0.26$2.86$4.92$3.94$0.98
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.41$1.88$3.34
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.10$0.46$1.64$3.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 24, 2025
Return Version
2024v5.0
Gross Receipts
$522,313
Mission and Program Overview

Mission

Promote and assist the growth and development of business in DeKalb County. Attract business and industry to the county, assist with workforce development, facilitate demographic research and plan educational activities.

Promote and assist the growth and development of business in dekalb county, attract business and industry to dekalb county, assist with workforce development, and facilitate demographic research and educational activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$176,050$184,153▲ $8,103
Cash and Non-Interest-Bearing Accounts$269,556$131,987▼ $137,569
Land, Buildings, and Equipment, Net$80,184$55,716▼ $24,468
Pledges and Grants Receivable$9,680$29,950▲ $20,270
Accounts Receivable$18,200$5,335▼ $12,865
Total Assets$555,770$409,241▼ $146,529
Other Assets Total$2,100$2,100→ $0
Liabilities
Other Liabilities$34,085$34,085→ $0
Deferred Revenue-$19,608-
Accounts Payable and Accrued Expenses$31,169$3,121▼ $28,048
Total Liabilities$65,254$56,814▼ $8,440
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$421,157$352,427▼ $68,730
Net Assets With Donor Restrictions$69,359--
Total Net Assets Fund Balance$490,516$352,427▼ $138,089
Total Liabilities and Net Assets / Fund Balance$555,770$409,241▼ $146,529

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$44,333$66,528$110,861
Equipment$7,389$67,553$74,942
Leasehold Improvements$994$3,919$4,913
Other Land Buildings$3,000-$3,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael KokottPresident
Pramit PatelPresident
C Mark WilliamsExecutive Di
Paul BorekExecutive Di
Frank RobertsImmediate Pp
Rob LarkinsSecretary
Tia AndersonTreasurer
Kevin LambTreaurer
Cortney StrohackerVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$462,755
Program Service Revenue
$25,887
Investment Income
$8,104
Other Revenue
$25,567
All Other Contributions
$435,155
Change in Net Assets
$-138,089

Audited Revenue Reconciliation

Revenue per Audited Statements
$522,313
Revenue Not Reported on Form 990
$41,366
Total Revenue per Audited Statements
$563,679
Total Revenue per Form 990
$522,313
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$373,600
Other Expenses$286,802
Total Fundraising Expense$45,028
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$296,416$16,662$23,287$336,365
Advertising$113,155$627-$113,782
Fees for Services Other$71,007$4,103$12,774$87,884
Office Expenses$23,648$462$4,679$28,789
Depreciation Depletion$13,734$13,734-$27,468
Payroll Taxes$19,547$1,557$2,506$23,610
Pension Plan Contributions$12,037$529$1,059$13,625
Conferences and Meetings$10,023-$527$10,550
Travel$5,348$345$196$5,889
Insurance$2,525$2,525-$5,050
Interest$1,452--$1,452
Other Expenses$608--$608
Total Functional Expenses$574,830$40,544$45,028$660,402

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$701,768
Expenses per Audited Statements$660,402
Total Expenses per Form 990$660,402
Expenses Not Reported on Form 990$41,366
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Payable$34,085
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

A committee may suggest other persons to serve on the governing body and then they are voted on.

Form 990, Page 6, Part VI, Line 7B

There is a vote to accept new members, after the recommendation by the committee.

Form 990, Page 6, Part VI, Line 11B

The 990 is available for any member of the governing body to review.

Form 990, Page 6, Part VI, Line 12C

The director meets with the executive board to discuss any issues. Other staff members may also meet the executive board.

Form 990, Page 6, Part VI, Line 15A

Personnel committee review the employees performance-per the by laws.

Form 990, Page 6, Part VI, Line 15B

Personnel committee reviews the employees performance-per the by laws.

Form 990, Page 6, Part VI, Line 18

Upon request - either by email, verbal or written

Form 990, Page 6, Part VI, Line 19

No other documents available to the public.

Filing and Contact Details

Filer

Filer Name
Dekalb County Economic Development
EIN
36-3524353
Phone
8158952711
Address
2179 SYCAMORE ROAD STE 102, DEKALB, IL 60115

Signing Officer

Name
Pramit Patel
Title
President
Phone
8158952711
Signed
2025-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Kokott
Formed
1987
Legal Domicile
Il
Voting Board Members
35
Independent Board Members
35
Employees
3

Preparer

Firm
Lauterbach & Amen Llp
Address
668 N RIVER RD, NAPERVILLE, IL 60563
Preparer
Ronald J Amen CPA
Phone
6304166900
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Promote and assist the growth and development of business in dekalb county, attract business and industry to dekalb county, assist with workforce development, and facilitate demographic research and educational activities.

Form 990, Part IX, Line 11G

Contractual services 71,007 4,103 12,774

Raw XML AppendixShowing 400 of 437 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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IRS990/PrincipalOfficerNm0MICHAEL KOKOTT
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IRS990/ProgSrvcAccomActy2Grp/Desc0IN 2024, WE SUSTAINED OUR ANNUAL FUNDING AND ADDED TWO NEW INVESTORS FOR 2025, AND EXTENDED FIVE ORIGINAL 3-YEAR INVESTOR FOR ADDITIONAL YEARS. THE WORKSHEET HAS BEEN ATTACHED IN THE PORTAL. IN ADDITION, THE CREATION OF THE YOUNG PROFESSIONALS GROUP ELEVATE EVOLVED FROM THE OPPORTUNITY UNBOUND PROGRAM. THIS IS A PROGRAM GEARED TOWARDS ENGAGING OUR YOUNG PROFESSIONALS TO LIVE, WORK, PLAY, AND STAY IN DEKALB COUNTY. ENGAGEMENTS INCLUDE PERIODIC SOCIAL NETWORKING EVENTS THROUGHOUT THE YEAR.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 456
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE PAYABLE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS IN DEKALB COUNTY, ATTRACT BUSINESS AND INDUSTRY TO DEKALB COUNTY, ASSIST WITH WORKFORCE DEVELOPMENT, AND FACILITATE DEMOGRAPHIC RESEARCH AND EDUCATIONAL ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COMMITTEE MAY SUGGEST OTHER PERSONS TO SERVE ON THE GOVERNING BODY AND THEN THEY ARE VOTED ON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THERE IS A VOTE TO ACCEPT NEW MEMBERS, AFTER THE RECOMMENDATION BY THE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE 990 IS AVAILABLE FOR ANY MEMBER OF THE GOVERNING BODY TO REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE DIRECTOR MEETS WITH THE EXECUTIVE BOARD TO DISCUSS ANY ISSUES. OTHER STAFF MEMBERS MAY ALSO MEET THE EXECUTIVE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PERSONNEL COMMITTEE REVIEW THE EMPLOYEES PERFORMANCE-PER THE BY LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PERSONNEL COMMITTEE REVIEWS THE EMPLOYEES PERFORMANCE-PER THE BY LAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UPON REQUEST - EITHER BY EMAIL, VERBAL OR WRITTEN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO OTHER DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9CONTRACTUAL SERVICES 71,007 4,103 12,774
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART IX, LINE 11G
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