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Nonprofit · EIN 37-1082707

ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY

Tax-exempt · DECATUR, IL 62523

Financials

$610K$518K2023$634K$509K2024$622K$546K2025
Revenue Expenses · by fiscal year end
Financials of ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2026990$622,468$545,707$76,761$1,623,745$438,545$1,185,200
May 31, 2025990$633,693$508,945$124,748$1,562,476$454,037$1,108,439
May 31, 2024990$609,955$518,273$91,682$1,015,501$31,810$983,691
Financial details: 990 for the year ended May 31, 2026

Revenue

Contributions, gifts and grants
$567,768
of which government grants
$101,434
Program service revenue
$21,680
Investment income
$30,389
Other revenue
$2,631

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$352,776
Salaries, compensation and benefits (total)
$419,153
Professional fundraising fees
$0
Legal fees
$1,802
Accounting fees
$12,234
Occupancy
$42,241
Travel
$27,228
Program services (functional)
$440,468
Management and general (functional)
$105,239

Balance sheet and other

Total assets, start of year
$1,562,476
Total assets, end of year
$1,623,745
Total liabilities, end of year
$438,545
Net assets, end of year
$1,185,200
Net assets without donor restrictions
$1,185,200
Gross receipts
$622,468
Employees
3
Year formed
1979
State of legal domicile
IL

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 for the year ended May 31, 2026, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NICOLE BATEMANPRESIDENT
Key employee
40$183,910$15,651
ELLIOTT BRAMMERSECRETARY
Trustee or director, Officer
2$0$0
TYLER CORMENYCHAIRMAN
Trustee or director, Officer
2$0$0
DREW EARLYMEMBER AT LA
Trustee or director, Officer
2$0$0
CLAY GERHARDVICE CHAIR
Trustee or director, Officer
2$0$0
SHONDRA GRINESTAFFDIRECTOR
Trustee or director
2$0$0
MELISSA HONDIRECTOR
Trustee or director
2$0$0
KARA DEMIRJIAN HUSSDIRECTOR
Trustee or director
2$0$0
RON INGRAMTREASURER
Trustee or director, Officer
2$0$0
RILEY KERESTESDIRECTOR
Trustee or director
2$0$0
TIM LAYMANDIRECTOR
Trustee or director
2$0$0
JULIE MILLERDIRECTOR
Trustee or director
2$0$0
MATT NABERDIRECTOR
Trustee or director
2$0$0
GAURAV PAREEKDIRECTOR
Trustee or director
2$0$0
JIM PECKDIRECTOR
Trustee or director
2$0$0
7 more people on this return
NameTitleHours / weekCompensation
JOSH PRASUNDIRECTOR
Trustee or director
2$0
DEAN PRIBBENOWDIRECTOR
Trustee or director
2$0
BRIAN RAYDIRECTOR
Trustee or director
2$0
JOHN SKEFFINGTONMEMBER AT LA
Trustee or director, Officer
2$0
GAVIN STODDARDIMMED PAST C
Trustee or director, Officer
2$0
DR CRISTOBAL VALDEZDIRECTOR
Trustee or director
2$0
ERIC WHITFIELDDIRECTOR
Trustee or director
2$0
990 for the year ended May 31, 2025: 18 people
NameTitleHours / weekCompensationOther / benefits
NICOLE BATEMANPRESIDENT
Key employee
40$165,895$13,760
ELLIOTT BRAMMERDIRECTOR
Trustee or director
2$0$0
DARCY CONNERTREASURER
Trustee or director, Officer
2$0$0
TYLER CORMENYVICE CHAIR
Trustee or director, Officer
2$0$0
DREW EARLYIMMED PAST C
Trustee or director, Officer
2$0$0
CLAY GERHARDSECRETARY
Trustee or director, Officer
2$0$0
TIM GLEASONDIRECTOR
Trustee or director
2$0$0
SHONDRA GRINESTAFFDIRECTOR
Trustee or director
2$0$0
KARA DEMIRJIAN HUSSDIRECTOR
Trustee or director
2$0$0
RON INGRAMMEMBER AT LA
Trustee or director
2$0$0
RILEY KERESTESDIRECTOR
Trustee or director
2$0$0
JULIE MILLERDIRECTOR
Trustee or director
2$0$0
GAURAV PAREEKDIRECTOR
Trustee or director
2$0$0
JIM PECKDIRECTOR
Trustee or director
2$0$0
JOSH SAPPDIRECTOR
Trustee or director
2$0$0
JOHN SKEFFINGTONMEMBER AT LA
Trustee or director
2$0$0
GAVIN STODDARDCHAIRMAN
Trustee or director, Officer
2$0$0
DR CRISTOBAL VALDEZVICE CHAIRMA
Trustee or director
2$0$0
990 for the year ended May 31, 2024: 18 people
NameTitleHours / weekCompensationOther / benefits
NICOLE BATEMANPRESIDENT
Key employee
40$158,607$11,446
ELLIOTT BRAMMERDIRECTOR
Trustee or director
2$0$0
DARCY CONNERTREASURER
Trustee or director, Officer
2$0$0
TYLER CORMENYVICE CHAIRMA
Trustee or director, Officer
2$0$0
DREW EARLIMMED PAST C
Trustee or director, Officer
2$0$0
CLAY GERHARDSECRETARY
Trustee or director, Officer
2$0$0
TIM GLEASONDIRECTOR
Trustee or director
2$0$0
SHONDRA GRINESTAFFDIRECTOR
Trustee or director
2$0$0
KARA DEMIRJIAN HUSSDIRECTOR
Trustee or director
2$0$0
RON INGRAMDIRECTOR
Trustee or director
2$0$0
RILEY KERESTESDIRECTOR
Trustee or director
2$0$0
JULIE MILLERDIRECTOR
Trustee or director
2$0$0
GAURAV PAREEKDIRECTOR
Trustee or director
2$0$0
JIM PECKDIRECTOR
Trustee or director
2$0$0
JOSH SAPPDIRECTOR
Trustee or director
2$0$0
JOHN SKEFFINGTONMEMBER AT LA
Trustee or director
2$0$0
GAVIN STODDARDCHAIRMAN
Trustee or director, Officer
2$0$0
DR CRISTOBAL VALDEZMEMBER AT LA
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
132 S WATER STREET SUITE 646, DECATUR, IL 62523-1332
Principal officer (990 for 2025)
TYLER CORMENY, 132 S WATER STREET SUITE 646, DECATUR, IL 62523
Signed the 990
NICOLE BATEMAN, PRESIDENT
Phone
(217) 422-9520
Return prepared by
CAPITAL ACCOUNTING & AUDIT

Mission

TO COORDINATE NON-RETAIL BUSINESS ATTRACTION, RETENTION, AND EXPANSION EFFORTS IN MACON COUNTY, ILLINOIS.

990 for the year ended May 31, 2026

Program accomplishments

  • MANAGE, IMPLEMENT AND FACILITATE ACCESS OF/TO VARIOUS PROGRAMS TO PROMOTE CREATION OF NEW JOBS AND RETENTION OF EXISTING JOBS IN THE COMMUNITY. ATTRACT NEW NON-RETAIL BUSINESSES TO THE AREA AND ASSIST EXISTING BUSINESSES WITH GROWTH OPPORTUNITIES RESULTING IN NEW JOBS AND INVESTMENT.
    Expenses $440,468

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026990 on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
37-1082707
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1988
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,623,745
Income (IRS master file)
$622,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2026$622,468$545,707$1,623,745XML
990May 2025$633,693$508,945$1,562,476XML
990May 2024$609,955$518,273$1,015,501XML
990May 2023$526,516$502,284$914,702IRS
990May 2022–––IRS
990May 2021–––IRS
990May 2019–––IRS
990May 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 37-1082707).

Questions about ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY

What is the EIN of ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY?
The employer identification number (EIN) of ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY is 37-1082707.
Is ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1988.
Are donations to ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY 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 ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY due?
The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2026.
Who is the principal officer of ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY?
The 990 for the year ended May 31, 2026 names TYLER CORMENY.
Who are the officers and directors of ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY?
The 990 for the year ended May 31, 2026 lists 22 people; 1 received compensation from the organization, the highest $183,910 (NICOLE BATEMAN, PRESIDENT).
How much revenue does ECONOMIC DEVELOPMENT CORPORATION OF DECATUR-MACON COUNTY have?
On its 990 for the year ended May 31, 2026 it reported revenue of $622,468, expenses of $545,707 and total assets of $1,623,745 at year end.

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