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Economic Alliance Of Kankakee County Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262831810 ✦ Kankakee, IL ✦ Designated as a 501(c)(6)

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Overview

What is Economic Alliance Of Kankakee County Inc?

The Economic Alliance of Kankakee County Inc is a nonprofit organization situated in Kankakee, Illinois, specifically at 200 E Court Street 507, 60901. Their primary mission is to stimulate and promote economic growth within Kankakee County. This mission is carried out through the collective efforts of their director and staff, who are employed jointly by the organization and Kankakee County. The organization's services and activities contribute a donated value of $44,524 towards this goal. Their activities are centered around encouraging and fostering economic development in the county.


Official website here: www.kankakeecountyed.org

Is Economic Alliance Of Kankakee County Inc legitimate?

Economic Alliance Of Kankakee County Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Economic Alliance Of Kankakee County Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $176,140

For more financial information, click here


Official website here: www.kankakeecountyed.org

What is the mission statement of Economic Alliance Of Kankakee County Inc?

The Economic Alliance of Kankakee County Inc is dedicated to promoting and facilitating economic growth within Kankakee County. This is achieved through the delivery of various services and activities, with the director and staff being shared employees between the Organization and Kankakee County. The Organization's financial commitment towards the salaries and related benefits of these employees is shared as well. The primary objective is to stimulate and support economic development within Kankakee County.


Official website here: www.kankakeecountyed.org

Who is the CEO of Economic Alliance Of Kankakee County Inc?

David Johns is the Treasurer of Economic Alliance Of Kankakee County Inc.


Official website here: www.kankakeecountyed.org

What is the revenue of Economic Alliance Of Kankakee County Inc?

Economic Alliance Of Kankakee County Inc's revenue in 2022 was $336,669.


Official website here: www.kankakeecountyed.org

Who are the executives of Economic Alliance Of Kankakee County Inc and what are their salaries?


Here are 16 key members and their salaries:


Jeff Bennett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Magruder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Kahoun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Shride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Kambic (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Payton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Tobey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Johns (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Liehr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodis Pace (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Wheeler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Michael Boyd (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hammes (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kankakeecountyed.org

Where can I find the form 990 for Economic Alliance Of Kankakee County Inc?

Economic Alliance Of Kankakee County Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kankakeecountyed.org

Learn more at the official website: www.kankakeecountyed.org

Mission Statement of Economic Alliance Of Kankakee County Inc

Economic Alliance of Kankakee County Inc is dedicated to promoting and facilitating economic growth within Kankakee County. As an organization, it plays a significant role in encouraging and fostering economic development within the county. The team responsible for executing these activities is composed of employees who are also employed by Kankakee County. The organization and the county share the financial responsibility for their salaries and related benefits, demonstrating a commitment to the cause. The mission of Economic Alliance of Kankakee County Inc is to contribute to the economic prosperity of the county, leveraging the collective efforts of its staff and the shared resources with Kankakee County.

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Impact




October, 2024

The Economic Alliance of Kankakee County Inc plays a vital role in fostering economic development within Kankakee County. By delivering targeted services and activities, it encourages business growth, attracts new investments, and supports local enterprises. The collaboration between the organization and Kankakee County enables efficient resource utilization, as the director and staff are county employees, ensuring a streamlined approach to economic initiatives.

The organization also generates significant value through its operations, notably with $44,524 attributed to donated services. This financial impact facilitates various community improvement projects, enhancing the economic landscape of the county. Overall, its mission drives a positive transformation in the local economy, creating opportunities for residents and businesses alike.




This information is meant to be a general summary of Economic Alliance Of Kankakee County Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$336,669 (2022)
Expenses
$283,714 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $415
  • Program Service Revenue: $237,000
  • Gross Receipts: $336,669

Assets and Liabilities:

  • Total Assets: $253,818
  • Total Liabilities: $24,453
  • Net Assets: $229,365

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

KCDC Allocation

Revenue

$237,000

Organization Details

Founding Year

2007

Principal Officer

David Johns

Main Address

200 E Court Street 507, Kankakee, IL, 60901

NTEE Category

Code: S41 - Community improvement

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