Illinois Business And Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 372,517 | 262,963 | 109,554 | 5.0 | 31% |
| 2017 | 2,863,062 | 2,175,051 | 688,011 | 4.4 | 44% |
| 2018 | 2,821,569 | 2,162,486 | 659,083 | 8.1 | 44% |
| 2019 | 1,384,388 | 2,061,624 | −677,236 | 4.5 | 48% |
| 2020 | 1,407,861 | 1,641,970 | −234,109 | 4.0 | 52% |
| 2021 | 1,743,434 | 1,467,235 | 276,199 | 6.7 | 49% |
| 2022 | 3,788,084 | 3,039,367 | 748,717 | 6.2 | 35% |
| 2023 | 4,048,933 | 4,227,953 | −179,020 | 3.9 | 33% |
| 2024 | 7,343,561 | 6,500,889 | 842,672 | 4.1 | 28% |
In its most recent public year (2024), this organization brought in $842,672 more than it spent. Its reserves stood at about 4.1 months of spending. Staff pay was 28% 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
Illinois Business And Economic Development Corporation'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