Illinois Valley Economic Development Corporation

Human Services · Gillespie, Illinois

223 S Macoupin St, Gillespie, IL 62033-1605

EIN: 376059503· Founded: Aug 1966· 60 years active· Filing Year: 2023

Annual Revenue

$14.5M

Total Expenses

$13.8M

Total Assets

$10.9M

Program Spending

20%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$215K

1.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$4.8M

Total Payroll

$5.0M

36% of total expenses

Where the Money Goes

20%

Programs: 20%

Payroll: 36%

Other overhead: 80%

Program Revenue$2.8M (19%)

Total Expenses$13.8M (96%)

Payroll$5.0M (36%)

Overhead (non-program)80%

Trust Score Breakdown

Program Spending Ratio

20% of expenses go to programs

40%

Revenue & Stability

$14.5M annual revenue

15%

Executive Compensation

$215K total officer comp (1.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$10.9M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.