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Downers Grove Economic Development Corporation
Community Development · Downers Grove, Illinois
5159 Mochel Dr, Downers Grove, IL 60515-5065
EIN: 870772222· Founded: Feb 2007· 19 years active· Filing Year: 2023
Annual Revenue
$678K
Total Expenses
$624K
Total Assets
$591K
Program Spending
22%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$158K
25.3% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$159K
Total Payroll
$317K
51% of total expenses
Where the Money Goes
22%
Programs: 22%
Payroll: 51%
Other overhead: 79%
Program Revenue$134K (20%)
Total Expenses$624K (92%)
Payroll$317K (51%)
Overhead (non-program)79%
Trust Score Breakdown
Program Spending Ratio
22% of expenses go to programs
Revenue & Stability
$678K annual revenue
Executive Compensation
$158K total officer comp (25.3% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$591K in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.