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Nonprofit · EIN 37-1356170

KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP

Tax-exempt · GALESBURG, IL 61401

Financials

$305K$306K2023$370K$369K2024
Revenue Expenses · by fiscal year end
Financials of KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$370,381$368,793$1,588$867,375$116,709$750,666
December 31, 2023990$305,352$305,711-$359$883,796$134,718$749,078
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$148,750
Program service revenue
$202,299
Investment income
$19,332
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$141,615
Other salaries and wages
$78,900
Salaries, compensation and benefits (total)
$260,627
Professional fundraising fees
$0
Legal fees
$10,256
Occupancy
$33,486
Travel
$1,751
Depreciation
$10,323

Balance sheet and other

Total assets, start of year
$883,796
Total assets, end of year
$867,375
Total liabilities, end of year
$116,709
Net assets, end of year
$750,666
Land, buildings and equipment
$6,948
Net assets without donor restrictions
$750,666
Gross receipts
$370,381
Employees
2
Volunteers
14
Year formed
1996
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
KEN SPRINGERPRESIDENT
Officer
40$129,780$11,835
ADAM VITALEBOARD CHAIR
Trustee or director, Officer
1$0$0
JOSH GIBBBOARD VICE CHAIR
Trustee or director, Officer
1$0$0
C ANDREW MCGADNEYBOARD TREASURER
Trustee or director, Officer
1$0$0
JOHN PRITCHARDBOARD MEMBER
Trustee or director
1$0$0
BECKY KINGBOARD MEMBER
Trustee or director
1$0$0
SARA YEMM-WITHERELLBOARD MEMBER
Trustee or director
1$0$0
SEAMUS REILLYBOARD MEMBER
Trustee or director
1$0$0
DOUG HANKESBOARD MEMBER
Trustee or director
1$0$0
DOUG SANDERSBOARD MEMBER
Trustee or director
1$0$0
MARSHALL SCHRADERBOARD MEMBER
Trustee or director
1$0$0
JOHN ASPLUNDBOARD MEMBER
Trustee or director
1$0$0
ERIC HANSONBOARD MEMBER
Trustee or director
1$0$0
PETER SCHWARTZMANBOARD MEMBER
Trustee or director
1$0$0
JARED HAWKINSONBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
LISA DEKEZELDIRECTOR
Trustee or director
–$0
JOSH GIBBTREASURER
Trustee or director
–$0
ERIC HANSONDIRECTOR
Trustee or director
–$0
JARED HAWKINSONDIRECTOR
Trustee or director
–$0
REBECCA KINGDIRECTOR
Trustee or director
–$0
C ANDREW MCGADNEYDIRECTOR
Trustee or director
–$0
DOUG SANDERSDIRECTOR
Trustee or director
–$0
PETER SCHWARTZMANDIRECTOR
Trustee or director
–$0
CANDY WEBBVICE CHAIR
Trustee or director
–$0
JOHN PRITCHARDCHAIR
Officer
–$0
KENNETH J SPRINGERPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
200 E MAIN ST STE 200, GALESBURG, IL 61401-5094
Principal officer (990 for 2024)
KENNETH J SPRINGER, 200 E MAIN ST STE 200, GALESBURG, IL 61401
Signed the 990
KENNETH J SPRINGER, PRESIDENT
Phone
(309) 343-1194
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

PROVIDE LEADERSHIP FOR ECONOMIC GROWTH AND PROSPERITY IN THE KNOX COUNTY ILLINOIS REGIONAL AREA.

990 for the year ended December 31, 2024

Program accomplishments

  • WORK WITH PRIVATE AND PUBLIC SECTOR INVESTORS WHO COLLABORATE TO ENHANCE THE COMMUNITY'S ECONOMIC PROSPERITY BY MARKETING OUR REGION AND HELPING EMPLOYERS RETAIN AND CREATE QUALITY JOBS.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
37-1356170
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$867,375
Income (IRS master file)
$370,381

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$370,381$368,793$867,375XML
990December 2023$305,352$305,711$883,796XML
990December 2022$290,693$303,146$893,665IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 37-1356170).

Questions about KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP

What is the EIN of KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP?
The employer identification number (EIN) of KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP is 37-1356170.
Is KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP 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 KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP 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 KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP?
The 990 for the year ended December 31, 2024 names KENNETH J SPRINGER.
Who are the officers and directors of KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $129,780 (KEN SPRINGER, PRESIDENT).
How much revenue does KNOX COUNTY AREA PARTNERSHIP FOR ECONOMIC DEVELOPMENT NFP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $370,381, expenses of $368,793 and total assets of $867,375 at year end.

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