Greater Champaign-Urbana Economic Partnership Inc
- Assets
- $513.7k
- Revenue
- $884.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Champaign, IL
- Founding
- 02/1987
- Data as of
- 06/2022
- EIN
- 37-1200848
Organization Overview
Greater Champaign-Urbana Economic Partnership Inc is located in Champaign, IL. The organization was established in 1987. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Greater Champaign-Urbana Economic Partnership Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Champaign-Urbana Economic Partnership Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Greater Champaign-Urbana Economic Partnership Inc generated $884.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $753.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A PUBLIC-PRIVATE PARTNERSHIP DEDICATED TO FOSTERING A COOPERATIVE, COUNTY-WIDE APPROACH TO ECONOMIC DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE ECONOMIC DEVELOPMENT IN AND TO BOOST THE ECONOMY OF CHAMPAIGN COUNTY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Beck Board Member | Trustee | 1 | $0 |
Patrick Brown Board Member | Trustee | 1 | $0 |
Fred Coleman Board Member | Trustee | 1 | $0 |
Karly Combest Board Member | Trustee | 1 | $0 |
Mark Dixon Board Member | Trustee | 1 | $0 |
Scott Eisenhauer Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $542,421 |
| All other contributions, gifts, grants, and similar amounts not included above | $341,978 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $884,399 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $884,793 |
| 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. | $110,075 |
| Compensation of current officers, directors, key employees. | $68,964 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $197,749 |
| Pension plan accruals and contributions | $6,605 |
| Other employee benefits | $79,944 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $119,629 |
| Advertising and promotion | $29,617 |
| Office expenses | $11,307 |
| Information technology | $9,840 |
| Royalties | $0 |
| Occupancy | $55,823 |
| Travel | $13,945 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,633 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $297 |
| Insurance | $4,648 |
| All other expenses | $7,351 |
| Total functional expenses | $753,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $294,530 |
| Pledges and grants receivable | $151,905 |
| Accounts receivable, net | $228 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,242 |
| Net Land, buildings, and equipment | $1,783 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $513,688 |
| Accounts payable and accrued expenses | $37,483 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $37,483 |
| Net assets without donor restrictions | $385,301 |
| Net assets with donor restrictions | $90,904 |
| 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 | $513,688 |