Greater Peoria Business Alliance

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

EIN: 363792296 ✦ Peoria, IL ✦ Designated as a 501(c)(6)

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Overview

What is Greater Peoria Business Alliance?

The Greater Peoria Business Alliance is a nonprofit organization situated in Peoria, Illinois, with an address at 403 NE Jefferson Ave. Its primary mission is to promote economic development in the Central Illinois region. By providing strategic leadership, coordinating resources, and initiating projects, the organization works towards fostering, expanding, and nurturing the regional economy. As a catalyst for regional visioning and strategic thinking, it serves as a platform for identifying and addressing regional issues, offering recommendations for potential solutions to be considered by various affiliated and non-affiliated entities. With a team of 12 dedicated individuals, the Greater Peoria Business Alliance plays a vital role in driving the economic growth and development of the Central Illinois community.


Official website here: www.peoriabusiness.org

Is Greater Peoria Business Alliance legitimate?

Greater Peoria Business Alliance is a legitimate nonprofit organization registered as a 501(c)(6) entity. Greater Peoria Business Alliance 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: $170,302
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,683

For more financial information, click here


Official website here: www.peoriabusiness.org

What is the mission statement of Greater Peoria Business Alliance?

The Greater Peoria Business Alliance serves as a catalyst for strategic thinking and regional visioning, coordinating resources to foster economic growth. Its mission is to provide strategic leadership and create initiatives, with a focus on developing, nurturing, and expanding the local economy. The alliance acts as a forum for identifying regional issues and proposing recommendations for potential action by various entities. In essence, its primary goal is to stimulate economic development in the specified region.


Official website here: www.peoriabusiness.org

Who is the CEO of Greater Peoria Business Alliance?

Joshua Gunn is the President & Ceo of Greater Peoria Business Alliance. The CEO's salary of Greater Peoria Business Alliance is $170,302 and their total compensation is $190,376.


Official website here: www.peoriabusiness.org

What is the revenue of Greater Peoria Business Alliance?

Greater Peoria Business Alliance's revenue in 2022 was $389,269.


Official website here: www.peoriabusiness.org

Who are the executives of Greater Peoria Business Alliance and what are their salaries?

The average compensation at Greater Peoria Business Alliance during 2022 was $15,915. There are 12 employees at Greater Peoria Business Alliance.


Here are 7 key members and their salaries (Greater Peoria Business Alliance's CEO's salary is $170,302 and their total compensation is $190,376):


Joshua Gunn (President & Ceo)
  • Compensation: $170,302
  • Related: $0
  • Other: $20,074
Marcellus Somerville (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Honegger (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Mamer (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andre Allen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamel Santa Cruze Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.peoriabusiness.org

Where can I find the form 990 for Greater Peoria Business Alliance?

Greater Peoria Business Alliance's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.peoriabusiness.org

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

Mission Statement of Greater Peoria Business Alliance

The Greater Peoria Business Alliance, in its mission, serves as a catalyst for strategic thinking and visioning in the regional economy. This influential organization provides strategic leadership and coordinates resources, ultimately bringing to fruition initiatives aimed at fostering, nurturing, and developing the local economy. By acting as a forum for identifying and addressing regional issues, the Greater Peoria Business Alliance serves as a vital link between affiliated and non-affiliated entities, contributing significantly to the economic growth and development of the region.

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Impact




October, 2024

The Greater Peoria Business Alliance plays a pivotal role in driving economic development in Central Illinois by providing strategic leadership and coordinated resources. Through its initiatives, the organization fosters regional growth and collaboration, positioning itself as a catalyst for visioning and strategic planning. It actively identifies and addresses pressing regional issues, facilitating discussions and recommendations that guide actions among both affiliated and non-affiliated entities.

By bringing together businesses, government, and community leaders, the Alliance creates a dynamic forum for dialogue and planning, which enhances the overall economic landscape of the Greater Peoria area. Its commitment to nurturing the regional economy helps to develop a thriving business environment, ultimately leading to job creation and improved community well-being. Through its focused efforts, the Greater Peoria Business Alliance contributes to the long-term sustainability and prosperity of the Heartland economy.




This information is meant to be a general summary of Greater Peoria Business Alliance. 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
$389,269 (2022)
Expenses
$407,264 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $285
  • Program Service Revenue: $381,984
  • Gross Receipts: $389,269

Assets and Liabilities:

  • Total Assets: $355,675
  • Total Liabilities: $93,118
  • Net Assets: $262,557

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Programs

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

AFFILIATE MANAGEMENT

Revenue

$381,984

Organization Details

Founding Year

1990

Principal Officer

Joshua Gunn

Main Address

403 NE JEFFERSON AVE, PEORIA, IL, 61603

NTEE Category

Code: S50 - Community improvement

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