Illinois Development Corporation
- Assets
- $47.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murphysboro, IL
- Founding
- 08/1985
- Data as of
- 12/2020
- EIN
- 37-1170806
Organization Overview
Illinois Development Corporation is located in Murphysboro, IL. The organization was established in 1985. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Illinois Development Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Illinois Development Corporation generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $118.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
THE ILLINOIS DEVELOPMENT CORPORATION ASSISTS THE LOCAL HOUSING AUTHORITY IN PROVIDING SERVICES TO THE LOW INCOME RESIDENTS THEY SERVE BY PROVIDING TRAINING, LAUNDRY FACILITIES AND MANAGEMENT ASSISTANCE WITH A MINIMUM OF 838 FAMILIES SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brigitta Mac-Rizzo Executive Director/sec-Treasurer | 0 | $0 | |
Mary Campbell Chairwoman | 0 | $0 | |
Wileta Brown-Martin Vice Chairwoman | 0 | $0 | |
Theresa Doerr Board Member | 0 | $0 | |
Julie Erbes Board Member | 0 | $0 | |
Deborah Woods Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $17,546 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,546 |
| 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 | $9,631 |
| Occupancy, rent, utilities, and maintenance | $6,195 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $102,378 |
| Total expenses | $118,204 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,312 |
| Other assets | $0 |
| Total assets | $47,485 |
| Total liabilities | $6,300 |
| Net assets or fund balances | $41,185 |