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Central Illinois Business Council Inc

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

EIN: 371413134 ✦ Bloomington, IL ✦ Designated as a 501(c)(6)

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Overview

What is Central Illinois Business Council Inc?

Central Illinois Business Council Inc is a nonprofit organization based in Bloomington, Illinois. Their primary focus is to foster the growth and progress of industries within central Illinois. They closely observe and assess economic development in the region, engaging in discussions about potential future projects. In 2022, however, they did not execute any new projects. The organization's mission is to contribute to the expansion of industries in the area, thereby promoting economic development.

Is Central Illinois Business Council Inc legitimate?

Central Illinois Business Council Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Central Illinois Business Council Inc submitted a form 990EZ, 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.

What is the mission statement of Central Illinois Business Council Inc?

The Central Illinois Business Council's mission is centered around promoting the growth and advancement of industries within its region. It actively monitors and assesses economic developments, engaging in discussions about potential future projects. However, no new projects were carried out in 2022. The organization is committed to fostering industry expansion and development. Although no new projects were implemented last year, it continues to keep a watchful eye on the economic landscape and prospects for future projects.

Who is the CEO of Central Illinois Business Council Inc?

Unavailable

What is the revenue of Central Illinois Business Council Inc?

Central Illinois Business Council Inc's revenue in 2022 was $0.

Who are the executives of Central Illinois Business Council Inc and what are their salaries?


Here are 4 key members and their salaries:


Stephen F Stockton (Chairman, President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Callis (Secretary, Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark J Cheviron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Elder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Central Illinois Business Council Inc?

Central Illinois Business Council Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Central Illinois Business Council Inc

Central Illinois Business Council, as an organization, is dedicated to fostering the growth and advancement of industries within central Illinois. It carries out this mission by closely tracking and evaluating the economic development in the area. Additionally, the council engages in discussions and brainstorming sessions to explore potential future projects. Regrettably, no new projects were initiated in 2022. Despite this, the council's role in monitoring and fostering industry expansion in central Illinois is of significant importance.

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Impact




October, 2024

Central Illinois Business Council Inc plays a crucial role in fostering economic growth in the region. By promoting the development and expansion of industry in central Illinois, it serves as a vital resource for businesses and stakeholders. The organization actively monitors and evaluates economic development trends, ensuring that local industries are well-informed and prepared for future opportunities.

Its discussions on potential projects encourage collaboration among local businesses, government officials, and community leaders, paving the way for innovative solutions to regional challenges. Although no new projects were implemented in 2022, the ongoing dialogue and evaluation of economic conditions create a foundation for future initiatives. As a result, Central Illinois Business Council Inc significantly contributes to the area’s economic landscape, driving community improvement and supporting the overall vitality of the local economy.




This information is meant to be a general summary of Central Illinois Business Council 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
$0 (2022)
Expenses
$34 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $2,619
    • Total Liabilities: $0
    • Net Assets: $2,619

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    Organization Details

    Main Address

    One State Farm Plaza Tax Dept D-2, Bloomington, IL, 617100001

    NTEE Category

    Code: S40 - Community improvement

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