Overview

Sign up for

Est.

2016

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

Intersect Illinois, officially known as Illinois Business and Economic Development Corp, is a nonprofit organization dedicated to business development in the state of Illinois. With an operating budget of $6.6 million and total revenue of $8.2 million for the filing year 2025, the organization plays a crucial role in fostering economic growth. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit intersectillinois.org.

Mission Statement

BUSINESS DEVELOPMENT FOR THE STATE OF ILLINOIS.
Revenues
$8.2M
Expenses
$6.6M
Net Income:
+$1.6M
Assets
$4.9M
Liabilities
$1.1M
Net Assets:
+$3.8M
Operating Budget
$6.6M
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
Eligible for tax-deductible gifts
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
3
Median grant size
$50K
Largest grant received
$50K
C
Carmen Rossi
Board Member
J
Jeffrey Baker
Board Member
J
James Reynolds Jr
Board Member

Frequently Asked Questions

What is ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS’s budget?
In 2025, ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS reported an annual operating budget of around $6.6 million. More detailed financial information is available to registered users.
What causes does ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS support?
ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS supports work in Economic development.
Where does ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS operate?
ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS is headquartered in Chicago, IL.
Who funded ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS recently?
In 2024, ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS received grants from THE FUTURE WANXIANG FOUNDATION INC, OSF Healthcare System, and SOUTHERN ILLINOIS CONSTRUCTION ADVANCEMENT PROGRAM. More information on this organization’s funders is available to registered users.
What is the largest grant ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS received in 2024?
The largest grant to ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS in 2024 exceeds $50 thousand.
What is ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS’s reliance on government grants?
ILLINOIS BUSINESS AND ECONOMIC DEVELOPMENT CORP DBA INTERSECT ILLINOIS relied on government grants for more than 70% of their total revenue in 2025.