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ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION

ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION

GILLESPIE, IL, US
501(c)(3)
EIN
37-6059503
funder logo

ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION

GILLESPIE, IL, US
501(c)(3)
EIN
37-6059503

Balance Sheet

Fiscal Year Start:
Jul 1
Assets in 2024 (Year End)

$11,582,215

Cash & Equivalents
71%
Property, Plant, & Equipment (net)
14%
Receivables (Non-Related)
9%
Other Assets
5%
Inventories
<1%
Related-Party Receivables
0%
Prepaid Expenses
0%
Investments
0%
Liabilities in 2024 (Year End)

$1,711,372

Payables & Accruals
63%
Other Liabilities
36%
Grants Payable
1%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$8,746,684
$8,272,806
-5%
Receivables (Non-Related)
$911,058
$1,096,134
+20%
Related-Party Receivables
-
-
-
Inventories
$13,240
$8,322
-37%
Prepaid Expenses
-
-
-
Investments
$26,000
$0
-100%
Property, Plant, & Equipment (net)
$1,177,736
$1,598,918
+36%
Other Assets
-
$606,035
-
Total Assets
$10,874,718
$11,582,215
+7%
Liabilities
2023
2024
Change
Payables & Accruals
$1,497,685
$1,082,258
-28%
Grants Payable
$101,158
$18,585
-82%
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
-
$610,529
-
Total Liabilities
$1,598,843
$1,711,372
+7%
Net assets
2023
2024
Change
Restricted Net Assets
$1,768,727
$1,768,727
+0%
Unrestricted Net Assets
$7,507,148
$8,102,116
+8%
Net assets
2023
2024
Change
Net assets
+$9,275,875
+$9,870,843
+6%
Balance Sheet
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