EDC INC GREATER PEORIA ECONOMIC DEV COUNCIL
Pub 78

EDC INC GREATER PEORIA ECONOMIC DEV COUNCIL
Pub 78

Peoria, IL, US
501(c)
EIN
37-1104504

EDC INC GREATER PEORIA ECONOMIC DEV COUNCIL
Pub 78

Peoria, IL, US
501(c)
EIN
37-1104504

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,673,040

Contributions
45%
Government Grants
38%
Program Services
15%
Investments
2%
Other
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,558,861

Salaries & Benefits
53%
Other
24%
Fees to Service Providers
14%
Offices, Occupancy & IT
6%
Advertising & Promotion
3%
Depreciation
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$749,500
$745,501
-1%
Government Grants
$343,967
$636,438
+85%
Fundraising Events
$0
$0
-
Program Services
$140,989
$253,304
+80%
Membership Dues
$0
$0
-
Investments
$14,968
$34,641
+131%
Other
$15,121
$3,156
-79%
Total Revenues
$1,264,545
$1,673,040
+32%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$767,062
$823,754
+7%
Fees to Service Providers
$94,316
$222,505
+136%
Advertising & Promotion
$113,334
$38,990
-66%
Offices, Occupancy & IT
$122,377
$94,706
-23%
Interest
$0
$0
-
Depreciation
$3,889
$2,870
-26%
Other
$240,665
$376,036
+56%
Total Expenses
$1,341,643
$1,558,861
+16%
Net income
2023
2024
Change
Net income
-$77,098
+$114,179
-248%
Functional Expenses
Summary
2023
2024
Change
Program
$1,046,732
$1,267,446
+21%
Admin
$270,435
$265,373
-2%
Fundraising
$24,476
$26,042
+6%
Total Expenses
$1,341,643
$1,558,861
+16%
Income Statement
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