Skip to main content

Nonprofit · EIN 27-0578150

CENTRAL ILLINOIS ANGELS INC

Tax-exempt · PEORIA, IL 61602

Financials

$52K$56K2022
Revenue Expenses · by fiscal year end
Financials of CENTRAL ILLINOIS ANGELS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2023990-EZ$51,741$55,635-$3,894$127,135$6,556$120,579
Financial details: 990-EZ for the year ended September 30, 2023

Revenue

Membership dues
$35,333
Program service revenue
$15,000
Investment income
$1,408

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$26,309
Occupancy
$3,520
Printing, publications and postage
$300
Other expenses
$25,506

Balance sheet and other

Total assets, start of year
$127,783
Total assets, end of year
$127,135
Total liabilities, end of year
$6,556
Net assets, end of year
$120,579
Cash, savings and investments
$39,965
Gross receipts
$51,741

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended September 30, 2023, highest compensation first.

NameTitleHours / weekCompensation
STANLEY LYNALLBOARD MEMBER1$0
CHARLES WEAVERBOARD MEMBER1$0
AARON CLARKBOARD MEMBER1$0
JAMES COTEPRESIDENT1$0
KEVIN SCHOEPLEINBOARD MEMBER1$0
KEVIN COLGANBOARD MEMBER1$0

Address and contacts

Address (IRS master file)
201 SW ADAMS ST, PEORIA, IL 61602-1407
In care of
% KIP MCCOY
Mailing address (990-N for 2024)
201 SW ADAMS STREET, PEORIA IL 61602
Principal officer (990-N for 2024)
JIM COTE, 201 SW ADAMS STREET, PEORIA IL 61602
Signed the 990-EZ
JIM COTE, PRESIDENT
Phone
(309) 696-6014
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

THE PURPORSE OF THE CORPORATION IS TO PROVIDE QUALITY EARLY-STAGE INVESTMENT OPPORTUNITIES FOR ACCREDITED CENTRAL ILLINOIS ANGEL INVESTORS, AND TO ASSIST, EDUCATE AND CONNECT EARLY-STAGE GROWTH COMPANIES IN CENTRAL ILLINOIS WITH INFORMATION AND ADVISORS FOR THE PURPOSE OF RAISING MONEY AND ASSISTING IN THEIR GROWTH. THE ORGANIZATION WILL PROVIDE FORUMS FOR CONSIDERING INVESTMENT OPPORTUNITIES AND FACILITATE EDUCATION IN INVESTING FOR MEMBERS. MEMBERS ARE ENCOURAGED TO TAKE AN ACTIVE ROLE IN THE ORGANIZATION BY HELPING TO IDENTIFY, SCREEN, AND ASSIST EARLY-STAGE COMPANIES SEEKING INVESTMENT CAPITAL.

990-EZ for the year ended September 30, 2023

Program accomplishments

  • EDUCATION AND ASSISTANCE PROVIDED TO NEW COMPANIES IN CENTRAL ILLINOIS TO HELP ASSIST IN THEIR GROWTH.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990-N on file
2023September 30, 2024February 17, 2025990-N on file

IRS record

EIN
27-0578150
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2011
Accounting year ends
September
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: JIM COTE
September 30, 2025≤ $50,000 receipts––e-Postcard
990-N for 2023
Officer: JIM COTE
September 30, 2024≤ $50,000 receipts––e-Postcard
990-EZSeptember 2023$51,741$55,635$127,135XML
990-EZSeptember 2022–––IRS
990-EZSeptember 2021–––IRS
990-EZSeptember 2020–––IRS
990-EZSeptember 2019–––IRS
990-EZSeptember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-0578150).

Questions about CENTRAL ILLINOIS ANGELS INC

What is the EIN of CENTRAL ILLINOIS ANGELS INC?
The employer identification number (EIN) of CENTRAL ILLINOIS ANGELS INC is 27-0578150.
Is CENTRAL ILLINOIS ANGELS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
Are donations to CENTRAL ILLINOIS ANGELS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CENTRAL ILLINOIS ANGELS INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of CENTRAL ILLINOIS ANGELS INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CENTRAL ILLINOIS ANGELS INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended September 30, 2025.
Who is the principal officer of CENTRAL ILLINOIS ANGELS INC?
The 990-N for 2024 names JIM COTE.
Who are the officers and directors of CENTRAL ILLINOIS ANGELS INC?
The 990-EZ for the year ended September 30, 2023 lists 6 people; 0 received compensation from the organization.
How much revenue does CENTRAL ILLINOIS ANGELS INC have?
On its 990-EZ for the year ended September 30, 2023 it reported revenue of $51,741, expenses of $55,635 and total assets of $127,135 at year end.

Other nonprofits in PEORIA

All nonprofits in PEORIA · Illinois · Community improvement and capacity building