Civic Intelligence

Jerseyville Economic Development

EIN 81-1292218 • 501(c)6 • Jerseyville, IL

Profile

To develop, implement, operate, and market a regional international trade processing system in the jersey and greene county, illinois in order to improve access to international markets, lead efforts with federal, state, and local funding agencies, promote strategic relationships with other trade centers, promote the safe and efficient use of a regional freight transportation system, and increase the economic vitality for the jersey and greene county region as a whole.

115 E Prairie StreetJerseyville, IL 62052

www.jedc-il.us

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

Asset Growth

23rd percentile

-25%

Faster asset growth than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-100%

Faster revenue growth than 2% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$208,856

Down $81,349 (-28%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$208,856

Down $81,349 (-28%) from 2023

Revenue

Down

$0

Down $105,000 (-100%) from 2023

Expenses

Down

$81,349

Down $20,628 (-20%) from 2023

Net Income

Down

-$81,349

Down $84,372 (-2791%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $16,614Liabilities 2018: $20,0002018Assets 2019: $112,718Liabilities 2019: $02019Assets 2020: $169,187Liabilities 2020: $0Net Assets 2020: $169,1872020Assets 2021: $253,266Liabilities 2021: $0Net Assets 2021: $253,2662021Assets 2022: $287,182Liabilities 2022: $0Net Assets 2022: $287,1822022Assets 2023: $290,205Liabilities 2023: $0Net Assets 2023: $290,2052023Assets 2024: $208,856Liabilities 2024: $0Net Assets 2024: $208,8562024

Highlighted filing

2024

Assets$208,856
Liabilities$0
Net Assets$208,856

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $112,000Expenses 2018: $87,616Net Income 2018: $24,3842018Revenue 2019: $193,500Expenses 2019: $77,396Net Income 2019: $116,1042019Revenue 2020: $124,500Expenses 2020: $68,031Net Income 2020: $56,4692020Revenue 2021: $155,000Expenses 2021: $70,921Net Income 2021: $84,0792021Revenue 2022: $126,000Expenses 2022: $92,084Net Income 2022: $33,9162022Revenue 2023: $105,000Expenses 2023: $101,977Net Income 2023: $3,0232023Revenue 2024: $0Expenses 2024: $81,349Net Income 2024: -$81,3492024

Highlighted filing

2024

Revenue$0
Expenses$81,349
Net Income-$81,349

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 7, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

To develop, implement, operate, and market a regional international trade processing system in the jersey and greene county, illinois in order to improve access to international markets, lead efforts with federal, state, and local funding agencies, promote strategic relationships with other trade centers, promote the safe and efficient use of a regional freight transportation system, and increase the economic vitality for the jersey and greene county region as a whole.

Program Services

DescriptionGrantsExpenses
TO DEVELOP, IMPLEMENT, OPERATE, AND MARKET A REGIONAL INTERNATIONAL TRADE PROCESSING SYSTEM IN THE JERSEY AND GREENE COUNTY, ILLINOIS IN ORDER TO IMPROVE ACCESS TO INTERNATIONAL MARKETS, LEAD EFFORTS WITH FEDERAL, STATE, AND LOCAL FUNDING AGENCIES, PROMOTE STRATEGIC RELATIONSHIPS WITH OTHER TRADE CENTERS, PROMOTE THE SAFE AND EFFICIENT USE OF A REGIONAL FREIGHT TRANSPORTATION SYSTEM, AND INCREASE THE ECONOMIC VITALITY FOR THE JERSEY AND GREENE COUNTY REGION AS A WHOLE.$0$81,349
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
WILLIAM L RUSSELLChairman & President-$0--
JEFF SOERTreasurer-$0--
WILLIAM H STRANGSecretary-$0--
ALAN KARCHERDirector-$0--
MARK SCHAEFERDirector-$0--
SANDRA HEFNERDirector-$0--
TONY HEITZIGDirector-$0--
JOE HEYENDirector-$0--
TIM CARRDirector-$0--
Filing and Contact Details

Filer

Filer Name
Jerseyville Economic Development
EIN
81-1292218
Phone
6185351962
Address
115 E PRAIRIE STREET, JERSEYVILLE, IL 62052

Signing Officer

Name
Jeff Soer
Title
Treasurer
Phone
6185351962
Signed
2025-07-07
Discuss with paid preparer
Yes

Preparer

Firm
Scheffel Boyle
Address
106 W COUNTY ROAD, JERSEYVILLE, IL 62052
Preparer
Danny Phipps CPA
Phone
6184986841
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: travel. Amount: 715. Description: insurance. Amount: 1,246. Description: land acquisition options. Amount: 35,000. Description: office supplies. Amount: 412. Description: rent expense. Amount: 700. Description: contract labor. Amount: 3,000. Description: regional development. Amount: 6,522. Total to form 990-ez, line 16: 47,595.

Raw XML Appendix139 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/BooksInCareOfDetail/PhoneNum06185351962
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JERSEYVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd062052
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0290205
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt71.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JEFF SOER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WILLIAM H STRANG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALAN KARCHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARK SCHAEFER
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6TONY HEITZIG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7JOE HEYEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8TIM CARR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN & PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt047595
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO DEVELOP, IMPLEMENT, OPERATE, AND MARKET A REGIONAL INTERNATIONAL TRADE PROCESSING SYSTEM IN THE JERSEY AND GREENE COUNTY, ILLINOIS IN ORDER TO IMPROVE ACCESS TO INTERNATIONAL MARKETS, LEAD EFFORTS WITH FEDERAL, STATE, AND LOCAL FUNDING AGENCIES, PROMOTE STRATEGIC RELATIONSHIPS WITH OTHER TRADE CENTERS, PROMOTE THE SAFE AND EFFICIENT USE OF A REGIONAL FREIGHT TRANSPORTATION SYSTEM, AND INCREASE THE ECONOMIC VITALITY FOR THE JERSEY AND GREENE COUNTY REGION AS A WHOLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO DEVELOP, IMPLEMENT, OPERATE, AND MARKET A REGIONAL INTERNATIONAL TRADE PROCESSING SYSTEM IN THE JERSEY AND GREENE COUNTY, ILLINOIS IN ORDER TO IMPROVE ACCESS TO INTERNATIONAL MARKETS, LEAD EFFORTS WITH FEDERAL, STATE, AND LOCAL FUNDING AGENCIES, PROMOTE STRATEGIC RELATIONSHIPS WITH OTHER TRADE CENTERS, PROMOTE THE SAFE AND EFFICIENT USE OF A REGIONAL FREIGHT TRANSPORTATION SYSTEM, AND INCREASE THE ECONOMIC VITALITY FOR THE JERSEY AND GREENE COUNTY REGION AS A WHOLE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt081349
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0IL
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt081349
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.JEDC-IL.US
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: TRAVEL. AMOUNT: 715. DESCRIPTION: INSURANCE. AMOUNT: 1,246. DESCRIPTION: LAND ACQUISITION OPTIONS. AMOUNT: 35,000. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 412. DESCRIPTION: RENT EXPENSE. AMOUNT: 700. DESCRIPTION: CONTRACT LABOR. AMOUNT: 3,000. DESCRIPTION: REGIONAL DEVELOPMENT. AMOUNT: 6,522. TOTAL TO FORM 990-EZ, LINE 16: 47,595.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF SOER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0JERSEYVILLE ECONOMIC DEVELOPMENT
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ReturnHeader/Filer/PhoneNum06185351962
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371206530
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0106 W COUNTY ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JERSEYVILLE
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANNY PHIPPS CPA
ReturnHeader/ReturnTs02025-07-07T08:41:11-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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