Central Illinois Angels Inc
- Assets
- $127.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peoria, IL
- Founding
- 01/2011
- Data as of
- 09/2023
- EIN
- 27-0578150
Organization Overview
Central Illinois Angels Inc is located in Peoria, IL. The organization was established in 2011. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Illinois Angels Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Central Illinois Angels Inc generated $51.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $55.6k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION AND ASSISTANCE PROVIDED TO NEW COMPANIES IN CENTRAL ILLINOIS TO HELP ASSIST IN THEIR GROWTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stanley Lynall Board Member | 1 | $0 | |
Charles Weaver Board Member | 1 | $0 | |
Aaron Clark Board Member | 1 | $0 | |
James Cote President | 1 | $0 | |
Kevin Schoeplein Board Member | 1 | $0 | |
Kevin Colgan Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $15,000 |
| Membership dues | $35,333 |
| Investment income | $1,408 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,741 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $26,309 |
| Occupancy, rent, utilities, and maintenance | $3,520 |
| Printing, publications, postage, and shipping | $300 |
| Other expenses | $25,506 |
| Total expenses | $55,635 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,965 |
| Other assets | $0 |
| Total assets | $127,135 |
| Total liabilities | $6,556 |
| Net assets or fund balances | $120,579 |