Illinois Valley Economic Development Corporation
Illinois Valley Economic Development Corporation reported $13.5 million in revenue and $11.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.76 went to program services, $11.24 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 78.7% of the total. Government grants made up 68.4%. The highest compensation it reported for one person was $111,477 (EXECUTIVE DIRECTOR). Revenue rose 49% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $12MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $13MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.8% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.2% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.7% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 68.4% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 19.8% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $111,477 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.94% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 11.5 | 6.9 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseEnergy programs - the Illinois Valley Economic Development corporation operates two programs providing home utility assistance and energy security in the agency's four county service area. These programs are the low-income home energy assistance program (liheap), and the illinois home weatherization assistance program (ihwap). Liheap annually provides benefits to eligible households to offset winter and summer utility costs, provide for reconnection of utility services, and provide for furnace repair or replacement. The number of households assisted varies each year due to the changing…
Early childhood programs - the head start program provides opportunities for economically disadvantaged children, ages 3 through 5, to receive comprehensive child development services and assistance to their parents in formulating and achieving self-sufficiency goals. We are funded to serve a total of 210 children, 10% with disabilities, within our service area of macoupin, greene, jersey, and calhoun counties. Children attend either a center based model with classes 5 days a week, 5.5 hours a day, for a total of 160 days or a home based model in which children and parents participate in a…
Community day service programs - ivedc operates two cds programs in jersey and macoupin counties, which provide a full range of services for persons eighteen years of age or older who have a diagnosed developmental disability. Development training services include assessment and individual program planning. Employment services are provided, where contract work is competitively bid and individuals earn a paycheck while learning real work skills. The programs are designed to teach life skills and good work habits to develop potential and increase self-sufficiency, so that each individual may…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $96,196 | $0 | $15,281 | $111,477 |
| CFO Officer, 40.00 hrs/week | $92,970 | $0 | $16,710 | $109,680 |
0 people received more than $100,000 in reportable compensation from Illinois Valley Economic Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $353K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b21 · 21 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5277
- Volunteers Part I, line 6191
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses onlyIndividuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Illinois Valley Economic Development Corporation totaling $35 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Illinois Valley Economic Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Illinois Valley Economic Development Corporation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Illinois Valley Economic Development Corporation spent in FY2025, $88.76 went to programs. The full breakdown, from its IRS Form 990:
Embed on your site
Similar-sized charities in this cause
- Comprehensive Community Child CARE OrganizationCincinnati, OH · revenue $13M · programs 75.0% · FY2025
- Native American Veterans AssistancePine Ridge, SD · revenue $13M · programs 82.2% · 2025
- Gowest FoundationSeatac, WA · revenue $13M · programs 93.9% · 2024
- Women Against AbusePhiladelphia, PA · revenue $14M · programs 89.9% · FY2025
- CARE AllianceCleveland, OH · revenue $13M · programs 77.3% · FY2025
All human services charities · Largest charities in Illinois
Questions people ask
How much of Illinois Valley Economic Development Corporation's spending goes to programs?
In the fiscal year ending June 30, 2025, Illinois Valley Economic Development Corporation reported that 88.8% of its $11.9 million in expenses went to program services, 11.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Illinois Valley Economic Development Corporation pay its top executive?
The largest total compensation Illinois Valley Economic Development Corporation reported for one person in the fiscal year ending June 30, 2025 was $111,477, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Illinois Valley Economic Development Corporation get its money?
Of $13.5 million in revenue in the fiscal year ending June 30, 2025, 78.7% came from contributions and grants (including 68.4% from government grants) and 19.8% from program service revenue (Form 990, Part VIII).
Is Illinois Valley Economic Development Corporation a registered charity?
The IRS lists EIN 37-6059503 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202600999349301830 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202520779349300022 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202410589349300106 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202330129349302678 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202210639349300216 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202130129349301228 · read the filing
All filings for EIN 37-6059503: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.