Civic Intelligence

Hancock County Economic Development Corp

EIN 46-3327564 • 501(c)6 • Carthage, IL

Profile

Economic development in hancock county il

2005 E US Highway 136 PO Box 484Carthage, IL 62321

www.growhancock.com

Siviq Scores

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

Liabilities / Assets

68th percentile

0.05x

Higher debt load relative to assets than 68% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.08x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

8th percentile

-71%

Higher net margin than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

25th percentile

-19%

Faster asset growth than 25% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

51st percentile

1.6%

Faster revenue growth than 51% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$101,686

Down $55,146 (-35%) from 2022

Liabilities

Up

$4,739

Up $2,910 (+159%) from 2022

Net Assets

Down

$96,947

Down $58,056 (-37%) from 2022

Operations
Liabilities / Revenue75th percentileNet Margin8th percentile

Revenue

Up

$59,456

Up $1,851 (+3.2%) from 2022

Expenses

Up

$101,390

Up $36,899 (+57%) from 2022

Net Income

Down

-$41,934

Down $35,048 (-509%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$300K$200K$100K$0Assets 2018: $240,791Liabilities 2018: $6962018Assets 2019: $198,723Liabilities 2019: $1,1042019Assets 2020: $170,842Liabilities 2020: $1,309Net Assets 2020: $169,5332020Assets 2021: $163,549Liabilities 2021: $1,660Net Assets 2021: $161,8892021Assets 2022: $156,832Liabilities 2022: $1,829Net Assets 2022: $155,0032022Assets 2024: $101,686Liabilities 2024: $4,739Net Assets 2024: $96,9472024

Highlighted filing

2024

Assets$101,686
Liabilities$4,739
Net Assets$96,947
Open 2024 Filing

Operations Trend

Revenue Growth51st percentile

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

$150K$100K$50K$0-$50KRevenue 2018: $61,760Expenses 2018: $57,167Net Income 2018: $4,5932018Revenue 2019: $59,534Expenses 2019: $90,431Net Income 2019: -$30,8972019Revenue 2020: $91,358Expenses 2020: $119,444Net Income 2020: -$28,0862020Revenue 2021: $64,339Expenses 2021: $71,983Net Income 2021: -$7,6442021Revenue 2022: $57,605Expenses 2022: $64,491Net Income 2022: -$6,8862022Revenue 2024: $59,456Expenses 2024: $101,390Net Income 2024: -$41,9342024

Highlighted filing

2024

Revenue$59,456
Expenses$101,390
Net Income-$41,934
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$101,686
Liabilities
$4,739
Net assets
$96,947
Revenue
$59,456
Expenses
$101,390
Net income
-$41,934
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.02$0.05$0.97$0.59$1.01$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.02$1.55$0.58$0.64$0.07
2021Detailed filing. Detailed filing data is available for this year.$1.64$0.02$1.62$0.64$0.72$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.71$0.01$1.70$0.91$1.19$0.28
2019Summary only. Only limited summary data is available for this year.$1.99$0.01$0.60$0.90$0.31
2018Summary only. Only limited summary data is available for this year.$2.41$0.01$0.62$0.57$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$59,456
Mission and Program Overview

Mission

Economic development in hancock county il

Program Services

DescriptionGrantsExpenses
FOR NEW BUSINESSES AND ENTREPRENEURS THE EXECUTIVE DIRECTOR FACILITATES MAKING BUSINESS PLANS, FINDING FINANCING AND LOCATION. HCEDC SUPPORTS THE CEO (CREATING ENTREPRENUERAL OPPORTUNITIES) PROGRAM FOR OUR HIGH SCHOOL STUDENTS IN HANCOCK COUNTY. THE EXECUTIVE DIRECTOR MEETS PERIODICALLY WITH THE STUDENTS, OBTAINS SPEAKERS FOR THE CLASS, REVIEWS STUDENT BUSINESS PLANS, AND MEETS WITH ALUMNI AFTER GRADUATION. HCEDC PAYS THE ANNUAL ADMINISTRATIVE FEE OF THE PROGRAM IN THE AMOUNT OF $3,000. THE NEW BUSINESS GRANT PROGRAM WAS INSTITUTED AND TW0 BUSINESSES WERE AWARDED $10,000 EACH.FORM 990-EZ, PART III, LINE 29 - SECOND ACCOMPLISHMENTWORKED TO GET COVID RELATED GRANT APPLICATIONS APPROVED FOR A NUMBER OF BUSINESSES DISTRESSED BY COVID LOCKDOWNS. FORM 990-EZ PART 111, LINE 30 - THIRD ACCOMPLISHMENTASSISTED WITH THE CENSUS PROCESS IN HANCOCK COUNTY IN 2020.--
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNY ROBERTSTreasurer-$0--
STU FROMANDirector-$0--
DYNEAH CLASSENDirector-$0--
MARCY DEMIRTTDirector-$0--
ASHLYN HOUSEWRIGHTDirector-$0--
HOLLY FECHTDirector-$0--
DOUG GROTHDirector-$0--
ANDY BASTERTDirector-$0--
LYLE PABENDirector-$0--
AMY BRUENGELPresident-$0--
Filing and Contact Details

Filer

Filer Name
Hancock County Economic Development Corp
EIN
46-3327564
Phone
2174408909
Address
2005 E US HIGHWAY 136 PO BOX 484, CARTHAGE, IL 62321

Signing Officer

Name
Jenny Roberts
Title
Treasurer
Signed
2025-11-17
Discuss with paid preparer
Yes

Preparer

Firm
D & D Tax Associates L L C
Address
100 WEST BUCHANAN STREET, CARTHAGE, IL 62321
Preparer
Debra L Neally
Phone
2173572101
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: RIVER'S EDGE WELLNESS | Cash Amount Given: $10000”

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: HATZ BY HITZ | Cash Amount Given: $10000”

Other Expenses.1001

“Advertising and Promotion $3333”

Other Expenses.1002

“Office Expenses $6796”

Other Expenses.1005

“Travel $2450”

Other Expenses.1007

“Conferences, Conventions, and Meetings $1656”

Other Expenses.1012

“Insurance $1536”

Other Expenses.1

“Work Force Developement $3393”

Other Expenses.2

“Taste of Hancock $2771”

Other Expenses.3

“Payroll Adjustment $2139”

Other Expenses.4

“Telephone $887”

Other Expenses.5

“Miscellaneous $850”

Other Expenses.6

“Dues $539”

Other Expenses.7

“Website $237”

Total Liabilities.1

“Payroll Liabilities - Beginning $1880 Payroll Liabilities - Ending $4854”

Total Liabilities.2

“- Beginning $-114 - Ending $-115”

Raw XML Appendix161 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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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNY ROBERTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HANCOCK COUNTY ECONOMIC DEVELOPMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0HANC
ReturnHeader/Filer/EIN0463327564
ReturnHeader/Filer/PhoneNum02174408909
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ReturnHeader/Filer/USAddress/CityNm0CARTHAGE
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Debra L Neally
ReturnHeader/ReturnTs02025-11-17T17:36:32-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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