NonprofitsIllinois Business And Economic Development Corporation

Community Improvement & Capacity Building

Illinois Business And Economic Development Corporation

CHICAGO, IL

Total revenue

$7.3M

Total expenses

$6.5M

Net assets

$2.2M

Grants received

$175K

5 grants

EIN

811265157

Tax year

2023

Mission

Business development for the state of illinois.

Financials

FY 2023

Revenue

Contributions & grants$7.3M
Program service revenue
Investment income$14K
Other revenue
Total revenue$7.3M

Expenses

Grants paid
Salaries & benefits$2.2M
Fundraising$2.1M
Other expenses$4.3M
Total expenses$6.5M
Total assets$3.1M
Net assets$2.2M

People

50 listed

NameRoleCompensation

BRAD HENDERSON

DIRECTOR

Board

10 hrs/wk

LEONARD SINGH

DIRECTOR

Board

10 hrs/wk

BRETT HART

DIRECTOR

Board

10 hrs/wk

BRIAN D WOLFE

DIRECTOR

Board

10 hrs/wk

JEFFREY BAKER

DIRECTOR

Board

10 hrs/wk

CHIP JORSTAD

DIRECTOR

Board

10 hrs/wk

DAVID BOULAY

DIRECTOR

Board

10 hrs/wk

CHRIS SMITH

DIRECTOR

Board

10 hrs/wk

CURT BAILEY

DIRECTOR

Board

10 hrs/wk

DAVID REIFMAN

DIRECTOR

Board

10 hrs/wk

JOHN ATKINSON

CHAIRMAN

Board

10 hrs/wk

DAN MAHONEY

DIRECTOR

Board

10 hrs/wk

EILEEN MITCHELL

DIRECTOR

Board

10 hrs/wk

ELIZABETH BUCHANAN

DIRECTOR

Board

10 hrs/wk

GIL QUINIONES

DIRECTOR

Board

10 hrs/wk

GREGORY CASE

DIRECTOR

Board

10 hrs/wk

JACK LAVIN

DIRECTOR

Board

10 hrs/wk

JEREMY O'BRIEN

DIRECTOR

Board

10 hrs/wk

JOE DOMINGUEZ

DIRECTOR

Board

10 hrs/wk

JOHN LYONS

DIRECTOR

Board

10 hrs/wk

KATE WAIMEY TIMMERMAN

DIRECTOR

Board

10 hrs/wk

KEVIN WARREN

DIRECTOR

Board

10 hrs/wk

KIRK DILLARD

DIRECTOR

Board

10 hrs/wk

KRISTOF TERRYN

DIRECTOR

Board

10 hrs/wk

MARK DENZLER

DIRECTOR

Board

10 hrs/wk

MARTIN CABRERA

DIRECTOR

Board

10 hrs/wk

MICHAEL FASSNACHT

DIRECTOR

Board

10 hrs/wk

MICHAEL REINSDORF

DIRECTOR

Board

10 hrs/wk

MICHAEL SACKS

DIRECTOR

Board

10 hrs/wk

MICHAEL SCHILL

DIRECTOR

Board

10 hrs/wk

MICHELLE CARR

DIRECTOR

Board

10 hrs/wk

PAUL ALIVISATOS

DIRECTOR

Board

10 hrs/wk

PIN NI

DIRECTOR

Board

10 hrs/wk

REBECCA LOSLI

DIRECTOR

Board

10 hrs/wk

RICHARD DEMIRJIAN

DIRECTOR

Board

10 hrs/wk

RICHARD PRICE

DIRECTOR

Board

10 hrs/wk

SMITA N SHAH

DIRECTOR

Board

10 hrs/wk

TIM KILLEEN

DIRECTOR

Board

10 hrs/wk

WENDELL DALLAS

DIRECTOR

Board

10 hrs/wk

BOB SEHRING

DIRECTOR

Board

10 hrs/wk

ZALDWAYNAKA Z SCOTT ESQ

DIRECTOR

Board

10 hrs/wk

JUAN R LUCIANO

DIRECTOR

Board

10 hrs/wk

JAMES REYNOLDS JR

DIRECTOR

Board

10 hrs/wk

CARMEN ROSSI

DIRECTOR

Board

10 hrs/wk

DAN SEALS

FORMER PRESIDENT & CEO

Staff

$413K

40 hrs/wk

ROBERT STEPHAN

VICE PRESIDENT OF DOWNSTAT

Staff

$176K

40 hrs/wk

PAULINA SAN MILLAN

SENIOR VICE PRESIDENT OF BUSINESS DEVELOPMENT

Staff

$151K

40 hrs/wk

KAITLYN MCDERMOTT

VICE PRESIDENT OF ADMIN AN

Staff

$140K

40 hrs/wk

KARLEY SWEET

SENIOR DIRECTOR OF MARKETI

Staff

$126K

40 hrs/wk

RODY ABDELRAHMAN

SENIOR DIRECTOR OF MARKETING

Staff

$112K

40 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$50K
Support of Org Operations
2023
$15K
ECONOMIC DEVELOPMENT ASSISTANCE
2023
$50K
SUPPORT OF ORG OPERATIONS
2022
$10K
ECONOMIC DEVELOPMENT ASSISTANCE
2022
$50K
SUPPORT OF ORG OPERATIONS
2021

Funded by

$175K from 2 funders · 5 grants · 2021–2023

OSF Healthcare System

$150K · 3 grants · 2021–2023

Southern Illinois Construction

$25K · 2 grants · 2022–2023

Details

EIN811265157
NTEE codeS30
Subsection03
Ruling date2016-10
Formed2016
Employees20
Volunteers0
ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo