Overview

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Est.

1999

Fiscal Year Start

May 1

Organization Type

Grantseeker

AI Summary

The Regional Economic Development Corp (EIN: 37-1386985) is a nonprofit organization dedicated to promoting the economic viability of Southern Illinois. With an operating budget of $88.4K and total revenue of $238.1K for the 2025 filing year, the organization focuses on enhancing local economic development initiatives. More information can be found on their website at www.redco.org.

Mission Statement

PROMOTE ECONOMIC VIABILITY OF SOUTHERN ILLINOIS
Revenues
$238.1K
Expenses
$88.4K
Net Income:
+$149.7K
Assets
$3.5M
Liabilities
$67.5K
Net Assets:
+$3.4M
Operating Budget
$88.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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M
Mike Absher
Board Member
B
Brad Robinson
Board Member
J
Jim Marlo
Board Member

Frequently Asked Questions

What is REGIONAL ECONOMIC DEVELOPMENT CORP’s budget?
In 2025, REGIONAL ECONOMIC DEVELOPMENT CORP reported an annual operating budget of around $88 thousand. More detailed financial information is available to registered users.
What causes does REGIONAL ECONOMIC DEVELOPMENT CORP support?
REGIONAL ECONOMIC DEVELOPMENT CORP supports work in Economic development.
Where does REGIONAL ECONOMIC DEVELOPMENT CORP operate?
REGIONAL ECONOMIC DEVELOPMENT CORP is headquartered in Marion, IL.
What is REGIONAL ECONOMIC DEVELOPMENT CORP’s reliance on government grants?
REGIONAL ECONOMIC DEVELOPMENT CORP relied on government grants for more than 75% of their total revenue in 2025.