Logan County Economic Development Partnership is located in Atlanta, IL. The organization was established in 2002. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Logan County Economic Development Partnership is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Logan County Economic Development Partnership generated $74.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $71.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William M Thomas Executive Director | 40 | $50,000 | |
Dale Colaw President | 0 | $0 | |
Peggy Payne Secretary Treasurer | 20 | $4,870 | |
Alberta Hellman Director | 0 | $0 | |
Matt Bobell Director | 0 | $0 | |
Annie Coers Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $74,900 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $74,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $64,870 |
| Professional fees and other payments to independent contractors | $1,020 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $119 |
| Other expenses | $5,835 |
| Total expenses | $71,844 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,787 |
| Other assets | $0 |
| Total assets | $42,787 |
| Total liabilities | $5,935 |
| Net assets or fund balances | $36,852 |