Central Illinois Foodbank
- Assets
- $17.4m
- Revenue
- $22.5m
- Investments
- $3.3m
- Employees
- 21
- Location
- Springfield, IL
- Founding
- 01/1982
- Data as of
- 05/2024
- EIN
- 37-1106465
Organization Overview
Central Illinois Foodbank is located in Springfield, IL. The organization was established in 1982. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 05/2024, Central Illinois Foodbank employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Illinois Foodbank is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2024, Central Illinois Foodbank generated $22.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $19.3m during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE FOOD DISTRIBUTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOLICITATION OF FOOD PRODUCTS FROM THE FOOD INDUSTRY AND DISTRIBUTION OF THOSE PRODUCTS TO OTHER FOODBANKS, FOOD PANTRIES, AND SHELTERS FOR THE HUNGRY AND HOMELESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Robert Jr President | OfficerTrustee | 1 | $0 |
Jake Saladino Treasurer | OfficerTrustee | 1 | $0 |
Christine Novaria Secretary | OfficerTrustee | 1 | $0 |
Erin Bromley Director | Trustee | 1 | $0 |
Darren Epperson Director | Trustee | 1 | $0 |
John Faloon Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,226,917 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,043,676 |
| Noncash contributions included in lines 1a–1f | $15,985,188 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,270,593 |
| Total Program Service Revenue | $1,187,286 |
| Investment income | $96,913 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$17,229 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $22,542,923 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $335,092 |
| Compensation of current officers, directors, key employees. | $192,182 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $822,682 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $213,942 |
| Payroll taxes | $92,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135 |
| Fees for services: Accounting | $14,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,141 |
| Advertising and promotion | $245 |
| Office expenses | $337,708 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,938 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $335,361 |
| Insurance | $67,476 |
| All other expenses | $85,064 |
| Total functional expenses | $19,307,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,488,644 |
| Pledges and grants receivable | $549,022 |
| Accounts receivable, net | $16,592 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,059,058 |
| Prepaid expenses and deferred charges | $14,729 |
| Net Land, buildings, and equipment | $3,694,905 |
| Investments—publicly traded securities | $172,443 |
| Investments—other securities | $3,314,774 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,058,538 |
| Total assets | $17,368,705 |
| Accounts payable and accrued expenses | $34,441 |
| Grants payable | $0 |
| Deferred revenue | $690,483 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $99,209 |
| Total liabilities | $824,133 |
| Net assets without donor restrictions | $15,966,221 |
| Net assets with donor restrictions | $578,351 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,368,705 |