Economic Development Corporation Of North Central Illinois
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 254,489 | 1,275 | 253,214 | 2383.2 | 0% |
| 2017 | 267,274 | 270,917 | −3,643 | 11.1 | 54% |
| 2018 | 513,063 | 391,748 | 121,315 | 11.4 | 47% |
| 2019 | 262,245 | 392,243 | −129,998 | 7.4 | 45% |
| 2020 | 198,479 | 270,803 | −72,324 | 7.5 | — |
| 2021 | 252,043 | 220,539 | 31,504 | 10.9 | 67% |
| 2022 | 149,915 | 165,915 | −16,000 | 13.3 | — |
| 2023 | 120,723 | 136,205 | −15,482 | 14.9 | — |
| 2024 | 243,161 | 179,272 | 63,889 | 15.6 | 64% |
In its most recent public year (2024), this organization brought in $63,889 more than it spent. Its reserves stood at about 15.6 months of spending, down from 2383.2 in 2016. Staff pay was 64% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Economic Development Corporation Of North Central Illinois's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works