Economic Development Corporation of Decatur-macon County
501(c)(4)
Only null% goes to programs Strong reserves Growing revenue
Economic Development Corporation of Decatur-macon County is a 501(c)(4) organization based in Decatur, Illinois, registered in 1988, with $609,955 in FY2023 revenue. CharityIndex grades it B.
132 S Water St Ste 646, Decatur, IL, 62523 EIN 37-1082707 Since 1988
Revenue (FY2023)
$610K
▲ 15.8% vs prior year
Expenses (FY2023)
$518K
Net assets
$984K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Economic Development Corporation of Decatur-macon County— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Economic Development Corporation of Decatur-macon County: 23 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Economic Development Corporation of Decatur-macon County— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Economic Development Corporation of Decatur-macon County: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $427K (FY2013) to $610K (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $32KNet assets $984K
Operating margin
15.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$32K
Net assets
$984K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $609,955▲15.8% | $518,273▲3.2% | $983,691▲10.3% | $1,015,501▲11.0% | 990 |
| 2022 | $526,516▼10.7% | $502,284▼9.0% | $892,009▲2.8% | $914,702▲0.7% | 990 |
| 2021 | $589,689▲35.1% | $552,233▲2.6% | $867,777▲4.5% | $908,317▲5.4% | 990 |
| 2020 | $436,617▼31.5% | $538,446▼29.7% | $830,321▼10.9% | $861,603▼9.6% | 990 |
| 2019 | $637,271▼31.3% | $765,616▼10.0% | $932,150▼12.1% | $953,624▼25.7% | 990 |
| 2018 | $927,346▲5.0% | $850,726▲5.8% | $1,060,495▲7.8% | $1,283,751▼3.6% | 990 |
| 2017 | $883,152▼7.0% | $803,920▼12.0% | $983,875▲8.8% | $1,331,859▲10.9% | 990 |
| 2016 | $950,005▼30.2% | $913,180▲0.2% | $904,643▲4.2% | $1,200,577▲11.7% | 990 |
| 2015 | $1,361,717▲47.3% | $911,559▲21.7% | $867,818▲108% | $1,074,576▲66.5% | 990 |
| 2014 | $924,733▲117% | $748,766▲73.6% | $417,660▲72.8% | $645,544▲136% | 990 |
| 2013 | $426,835 | $431,393▼3.5% | $241,693▼1.9% | $273,524▼4.5% | 990 |
| 2012 | — | $447,209▼0.2% | $246,251▼15.6% | $286,375▼15.5% | 990 |
| 2011 | — | $448,173 | $291,911 | $338,900 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Economic Development Corporation of Decatur-macon County a legitimate nonprofit?
- Yes. Economic Development Corporation of Decatur-macon County is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 37-1082707, based in Decatur, Illinois.
- What is Economic Development Corporation of Decatur-macon County's EIN?
- Economic Development Corporation of Decatur-macon County's Employer Identification Number (EIN) is 37-1082707.
- How much revenue does Economic Development Corporation of Decatur-macon County report?
- Economic Development Corporation of Decatur-macon County reported $609,955 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Economic Development Corporation of Decatur-macon County have?
- CharityIndex grades Economic Development Corporation of Decatur-macon County B, based on financial health (reserves and operating margin).
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Data for Economic Development Corporation of Decatur-macon County (EIN 37-1082707) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.