Overview

Sign up to

Est.

2002

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

VERMILION ADVANTAGE CORPORATION is a business promotion nonprofit focused on recruiting and supporting new commerce and industry to advance the general welfare and prosperity of Vermilion County, Illinois. In FY 2024, it reported an operating budget of $775.9K and total revenue of $871.6K, with key support from DANVILLE FOUNDATION FOR INDUSTRIAL GROWTH and THE CARLE FOUNDATION HOSPITAL.

Mission Statement

THE ORGANIZATION'S PURPOSE IS TO RECRUIT AND PROMOTE THE ESTABLISHMENT AND DEVELOPMENT OF NEW COMMERCE AND INDUSTRY AND TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF VERMILION COUNTY, ILLINOIS.
Revenues
$871.6K
Expenses
$775.9K
Net Income:
+$95.7K
Assets
$778.4K
Liabilities
$256.8K
Net Assets:
+$521.5K
Operating Budget
$775.9K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
2
Median grant size
$10.1K
Largest grant received
$12K
M
Mike Marron
Board Member
B
Brad Pintar
Board Member
J
Jon Stalcup
Board Member
Free account

There’s more to this organization

Create a free account to go deeper. No payment required.

  • 2 funders
  • 232 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
Free forever. Takes about a minute.

Is your org on Google Workspace or Microsoft 365? Sign up in seconds. Already have an account? Log in

By signing up, I agree to Impala’s Terms of Use and Privacy Policy.

Frequently Asked Questions

What is VERMILION ADVANTAGE CORPORATION’s budget?
In 2024, VERMILION ADVANTAGE CORPORATION reported an annual operating budget of around $776 thousand. More detailed financial information is available to registered users.
What causes does VERMILION ADVANTAGE CORPORATION support?
VERMILION ADVANTAGE CORPORATION supports work in Business promotion.
Where does VERMILION ADVANTAGE CORPORATION operate?
VERMILION ADVANTAGE CORPORATION is headquartered in Danville, IL.
Who funded VERMILION ADVANTAGE CORPORATION recently?
In 2022, VERMILION ADVANTAGE CORPORATION received grants from DANVILLE FOUNDATION FOR INDUSTRIAL GROWTH, THE CARLE FOUNDATION HOSPITAL, and DANVILLE FOUNDATION FOR INDUSTRIAL GROWTH. More information on this organization’s funders is available to registered users.
What is the largest grant VERMILION ADVANTAGE CORPORATION received in 2022?
The largest grant to VERMILION ADVANTAGE CORPORATION in 2022 exceeds $12 thousand.
What is VERMILION ADVANTAGE CORPORATION’s reliance on government grants?
VERMILION ADVANTAGE CORPORATION relied on government grants for more than 25% of their total revenue in 2024.