Southernmost Illinois Delta Empowerment Zone
- Assets
- $4.4m
- Revenue
- $281.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Mounds, IL
- Founding
- 02/2000
- Data as of
- 06/2022
- EIN
- 37-1383807
Organization Overview
Southernmost Illinois Delta Empowerment Zone is located in Mounds, IL. The organization was established in 2000. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Southernmost Illinois Delta Empowerment Zone employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southernmost Illinois Delta Empowerment Zone 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 06/2022, Southernmost Illinois Delta Empowerment Zone generated $281.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $260.3k 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
TO ENCOURAGE FOSTER AND ENGAGE IN CHARITABLE ACTIVITES TO PROMOTE ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENCOURAGE, FOSTER AND ENGAGE IN CHARITABLE ACTIVITIES TO PROMOTE ECONOMIC DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tabatha Smith Executive Director | Officer | 45 | $55,517 |
Rex Wilburn President | Trustee | 1 | $0 |
Dean Rogan Sr Board Member | Trustee | 1 | $0 |
Darryl Anderson Board Member | Trustee | 1 | $0 |
Rita Flummer Board Member | Trustee | 1 | $0 |
Thomas Simpson Secretary | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $271,760 |
| Investment income | $4,193 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $625 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $281,750 |
| 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. | $56,154 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,620 |
| Pension plan accruals and contributions | $1,695 |
| Other employee benefits | $619 |
| Payroll taxes | $5,971 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $270 |
| Advertising and promotion | $42 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,632 |
| Travel | $2,064 |
| 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 | $67,864 |
| Insurance | $12,223 |
| All other expenses | $0 |
| Total functional expenses | $260,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,385,017 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $194 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,163,766 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $47,928 |
| Net Land, buildings, and equipment | $835,673 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,432,578 |
| Accounts payable and accrued expenses | $10,375 |
| Grants payable | $0 |
| Deferred revenue | $11,395 |
| 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 | $932,594 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $954,364 |
| Net assets without donor restrictions | $2,842,230 |
| Net assets with donor restrictions | $635,984 |
| 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 | $4,432,578 |
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