NonprofitsDekalb County Economic Development Corporation

Dekalb County Economic Development Corporation

DEKALB, IL

Total revenue

$522K

Total expenses

$660K

Net assets

$352K

Grants received

$266K

15 grants

EIN

363524353

Tax year

2024

Mission

Promote and assist the growth and development of business in dekalb county, attract business and industry to dekalb county, assist with workforce development, and facilitate demographic research and educational activities.

Programs

1 program

In 2024, we sustained our annual funding and added two new investors for 2025, and extended five original 3-year investor for additional years. The worksheet has been attached in the portal. In addition, the creation of the young professionals group elevate evolved from the opportunity unbound program. This is a program geared towards engaging our young professionals to live, work, play, and stay in dekalb county. Engagements include periodic social networking events throughout the year.

Financials

FY 2024

Revenue

Contributions & grants$463K
Program service revenue$26K
Investment income$8K
Other revenue$26K
Total revenue$522K

Expenses

Grants paid
Salaries & benefits$374K
Fundraising$45K
Other expenses$287K
Total expenses$660K
Total assets$409K
Net assets$352K

People

9 listed

NameRoleCompensation

MICHAEL KOKOTT

PRESIDENT

Board

KEVIN LAMB

TREAURER

Board

PRAMIT PATEL

PRESIDENT

Board

2 hrs/wk

FRANK ROBERTS

IMMEDIATE PP

Board

CORTNEY STROHACKER

VICE PRESIDE

Board

2 hrs/wk

TIA ANDERSON

TREASURER

Board

2 hrs/wk

PAUL BOREK

EXECUTIVE DI

Board

ROB LARKINS

SECRETARY

Board

2 hrs/wk

C MARK WILLIAMS

EXECUTIVE DI

Board

Grants received

Showing 15 of 15

FromAmountPurposeYear
$30K
EDUCATION AND TRAINING
2023
$20K
WORKFORCE DEVELOPMENT SUPPORT
2023
$30K
Economic Development
2022
$10K
GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$30K
Economic Development
2021
$18K
GENERAL SUPPORT
2021
$30K
Support for economic development of the community
2020
$10K
ENTREPRENEURIAL TRAINING SUPPORT
2020
$10K
CHARITABLE
2020
$15K
Support economic development
2019
$13K
CHARITABLE
2019
$12K
COMMUNITY ECONOMIC DEVELOPMENT
2019
$12K
CHARITABLE
2018
$16K
Support economic development
2017

Funded by

$266K from 6 funders · 15 grants · 2017–2023

Northwestern Memorial HealthCare Group

$136K · 5 grants · 2017–2023

Nebraska Community Foundation

$40K · 3 grants · 2020–2023

Ideal Industries Foundation

$35K · 3 grants · 2018–2020

Dekalb County Community Foundation

$30K · 2 grants · 2019–2021

Northwestern Memorial HealthCare

$15K · 1 grant · 2019

The Blackbaud Giving Fund

$10K · 1 grant · 2022

Details

EIN363524353
Subsection03
Ruling date1987-10
Formed1987
Employees3
DEKALB COUNTY ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo