Nonprofit · EIN 81-2578583
MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION
Tax-exempt · WATERLOO, IL 62298
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $116,411 | $142,568 | -$26,157 | $314,017 | – | $314,017 |
| December 31, 2024 | 990 | $350,348 | $269,476 | $80,872 | $340,174 | $0 | $340,174 |
| December 31, 2023 | 990 | $232,008 | $148,019 | $83,989 | $259,301 | $0 | $259,301 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $89,750
- Program service revenue
- $20,054
- Investment income
- $4,327
- Other revenue
- $2,280
Expenses
- Compensation of officers, directors and key employees
- $117,535
- Salaries, compensation and benefits (total)
- $117,535
- Other expenses
- $25,033
- Program services (functional)
- $114,054
Balance sheet and other
- Total assets, start of year
- $340,174
- Total assets, end of year
- $314,017
- Total liabilities, end of year
- –
- Net assets, end of year
- $314,017
- Cash, savings and investments
- $314,017
- Gross receipts
- $116,411
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAM POETKER | Executive Dir. | 40 | $117,535 |
| COLE STENZEL | President | 1 | $0 |
| GEORGE OBERNAGEL | Vice President | 1 | $0 |
| KEVIN W KOENIGSTEIN | Treasurer | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PAM POETKER | Executive Dir. Trustee or director, Officer | 40 | $69,879 |
| PAMELA POETKER | Secretary Trustee or director, Officer | 40 | $23,600 |
| COLE STENZEL | President Trustee or director, Officer | 1 | $0 |
| GEORGE OBERNAGEL | Vice President Trustee or director, Officer | 1 | $0 |
| KEVIN W KOENIGSTEIN | Treasurer Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARY E KOCK | Secretary Trustee or director, Officer | 40 | $69,800 |
| COLE STENZEL | President Trustee or director, Officer | 1 | $0 |
| GEORGE OBERNAGEL | Vice President Trustee or director, Officer | 1 | $0 |
| KEVIN W KOENIGSTEIN | Treasurer Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 100 S MAIN ST, WATERLOO, IL 62298-1322
- In care of
- % KEVIN KOENIGSTEIN
- Signed the 990-EZ
- KEVIN W KOENIGSTEIN, Treasurer
- Phone
- (618) 939-8681
- Website
- HTTPS://WWW.MCILEDC.COM
- Return prepared by
- FEW CPAs
Mission
TO PROMOTE ECONOMIC DEVELOPMENT IN MONROE COUNTY ILLINOIS
Program accomplishments
- TO PROMOTE ECONOMIC DEVELOPMENT IN MONROE COUNTY ILLINOISExpenses $114,054
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-2578583
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $314,017
- Income (IRS master file)
- $116,411
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $116,411 | $142,568 | $314,017 | XML |
| 990 | December 2024 | $350,348 | $269,476 | $340,174 | XML |
| 990 | December 2023 | $232,008 | $148,019 | $259,301 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 81-2578583).
Questions about MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION
- What is the EIN of MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION is 81-2578583.
- Is MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION 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 MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $117,535 (PAM POETKER, Executive Dir.).
- How much revenue does MONROE COUNTY IL ECONOMIC DEVELOPMENT CORPORATION have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $116,411, expenses of $142,568 and total assets of $314,017 at year end.
Other nonprofits in WATERLOO
- MONROE COUNTY RETAIL LIQUOR ASSOCIATION EIN 37-1232199 · last filed 990-EZ for 2025
- HISTORIC MAIN STREET COLUMBIA ASSOCIATION INC EIN 47-3774232 · last filed 990-N for 2024
- MADISON STREET HISTORIC PRESERVATION INC NFP EIN 83-1030255 · last filed 990-N for 2025
- HOMETOWN FRIENDS EIN 81-2557944 · last filed 990-N for 2025
- AMERICAN COLLEGE OF HEALTHCARE EXECUTIVES EIN 38-3691913 · last filed 990-N for 2025
- MONROE COUNTY ELECTRIC COOP INC EIN 37-0425335 · last filed 990 for 2024
- HUMAN SUPPORT SERVICES EIN 37-0968305 · last filed 990 for 2025
- HOUSE OF NEIGHBORLY SERVICE - MONROE COUNTY IL EIN 47-4272684 · last filed 990 for 2025
All nonprofits in WATERLOO · Illinois · Community improvement and capacity building