Nonprofit · EIN 35-1087090
ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION
Tax-exempt · SPRINGFIELD, IL 62701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $109,892 | $131,462 | -$21,570 | $62,643 | $4,500 | $58,143 |
| December 31, 2023 | 990-EZ | $92,631 | $86,595 | $6,036 | $83,215 | $3,500 | $79,715 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Membership dues
- $37,413
- Program service revenue
- $70,442
- Investment income
- $2,037
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $60,500
- Other expenses
- $70,962
Balance sheet and other
- Total assets, start of year
- $83,213
- Total assets, end of year
- $62,643
- Total liabilities, end of year
- $4,500
- Net assets, end of year
- $58,143
- Cash, savings and investments
- $62,643
- Gross receipts
- $109,892
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEN SPRINGER | CHAIRMAN | 2 | $0 |
| CHRIS SETTI | 1ST VICE CHA | 2 | $0 |
| NICOLE BATEMAN | SECRETARY/TR | 2 | $0 |
| MICHAEL CASSA | IMMED PAST C | 2 | $0 |
| DOUG PRYOR | DIRECTOR | 2 | $0 |
| DEB BARNETT | DIRECTOR | 2 | $0 |
| NANCY NORTON | DIRECTOR | 2 | $0 |
| ANDREA RUNGE | DIRECTOR | 2 | $0 |
| TOM DEMMER | DIRECTOR | 2 | $0 |
| CHERYL WELGE | DIRECTOR | 2 | $0 |
| COURTNEY YOCKEY | DIRECTOR | 2 | $0 |
| KEVIN KRAMER | DIRECTOR | 2 | $0 |
| KAREN HALSTEAD | DIRECTOR | 2 | $0 |
990-EZ for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL CASSA | CHAIRMAN | 2 | $0 |
| KEN SPRINGER | 1ST VICE PRE | 2 | $0 |
| MARK WILLIAMS | 2ND VICE PRE | 2 | $0 |
| CHRIS SETTI | SECRETARY/TR | 2 | $0 |
| BRYAN GAY | IMMED PAST C | 2 | $0 |
| JAMES ARNOLD | DIRECTOR | 2 | $0 |
| NICOLE BATEMAN | DIRECTOR | 2 | $0 |
| NANCY NORTON | DIRECTOR | 2 | $0 |
| ANDREA RUNGE | DIRECTOR | 2 | $0 |
| ED SITAR | DIRECTOR | 2 | $0 |
| CHERYL WELGE | DIRECTOR | 2 | $0 |
| JOHN WATSON JR | DIRECTOR | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1 N OLD STATE CAPITOL PLZ STE 410, SPRINGFIELD, IL 62701-1368
- In care of
- % BARABARA KATTERMANN
- Signed the 990-EZ
- NICOLE BATEMAN, SECRETARY/TREASURER
- Website
- WWW.ILEDA.ORG
- Return prepared by
- CAPITAL ACCOUNTING & AUDIT
Mission
THE ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION SUPPORTS ADVOCACY, EDUCATION, AND COLLABORATION TO ENHANCE ILLINOIS' GLOBAL COMPETITIVENESS.
Program accomplishments
- 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.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 35-1087090
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1982
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $62,643
- Income (IRS master file)
- $109,892
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $109,892 | $131,462 | $62,643 | XML |
| 990-EZ | December 2023 | $92,631 | $86,595 | $83,215 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 35-1087090).
Questions about ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION
- What is the EIN of ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION?
- The employer identification number (EIN) of ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION is 35-1087090.
- Is ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
- Are donations to ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION?
- The 990-EZ for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
- How much revenue does ILLINOIS ECONOMIC DEVELOPMENT ASSOCIATION have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $109,892, expenses of $131,462 and total assets of $62,643 at year end.
Other nonprofits in SPRINGFIELD
- MEMORIAL HEALTH SYSTEM EIN 90-0756744 · last filed 990 for 2025
- ST VINCENT HOSPITAL OF THE HOSPITAL SISTERS OF THE THIRD ORDER OF ST EIN 39-0817529 · last filed 990 for 2025
- ST JOHNS HOSPITAL OF THE HOSPITAL SISTERS OF THE THIRD ORDER OF ST F EIN 37-0661238 · last filed 990 for 2025
- HOSPITAL SISTERS HEALTH SYSTEM EIN 37-1058692 · last filed 990 for 2025
- ST ELIZABETHS HOSPITAL OF THE HOSPITAL SISTERS OF THE THIRD ORDE EIN 37-0663567 · last filed 990 for 2025
- MEMORIAL HEALTH SYSTEM EIN 37-1110690 · last filed 990 for 2025
- PRAIRIE POWER INC EIN 37-1013955 · last filed 990 for 2025
- SIU PHYSICIANS & SURGEONS INC EIN 36-4143823 · last filed 990 for 2025