Tri- County Economic Development Alliance Inc is a 501(c)(6) organization based in Hanover, Illinois, registered in 2009, with $253,973 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$254K
▲ 39.7% vs prior year
Community median: $184K
Expenses (FY2025)
$252K
Net assets
$167K
Employees
—
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 →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 Tri- County Economic Development Alliance Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Tri- County Economic Development Alliance Inc: 8 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
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 Tri- County Economic Development Alliance Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Tri- County Economic Development Alliance Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $217K (FY2017) to $254K (FY2025) across 9 reported years.
Financial snapshot
Operating margin
0.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$168K
Total liabilities
$710
Net assets
$167K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $253,973▲39.7% | $252,311▲21.3% | $167,366▲1.0% | $168,076▼11.9% | 990 |
| 2024 | $181,740▼7.1% | $207,950▲20.1% | $165,779▼13.7% | $190,779▼0.6% | 990 |
| 2023 | $195,597▲14.3% | $173,141▲14.9% | $191,989▲13.2% | $191,989▲13.2% | 990 |
| 2022 | $171,131▼11.7% | $150,656▼7.2% | $169,533▲13.7% | $169,533▲13.7% | 990 |
| 2021 | $193,809▲16.9% | $162,396▲12.5% | $149,058▲26.7% | $149,058▲24.9% | 990 |
| 2020 | $165,846▼21.0% | $144,293▼41.7% | $117,645▲22.4% | $119,320▲23.9% | 990 |
| 2019 | $209,878▼10.9% | $247,510▲3.5% | $96,092▼28.1% | $96,321▼28.8% | 990 |
| 2018 | $235,451▲8.5% | $239,107▲19.6% | $133,724▼2.7% | $135,206▼7.8% | 990 |
| 2017 | $216,994 | $199,856 | $137,380 | $146,620 | 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.
10 grants to Tri- County Economic Development Alliance Inc totaling $1.2M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jo-carrol Energy Inc Nfp | Economic development | 2022 | $114,000 |
| Jo-carrol Energy Inc Nfp | Economic development | 2021 | $114,525 |
| Jo-carrol Energy Inc Nfp | Economic development | 2020 | $131,364 |
| Jo-carrol Energy Inc Nfp | Economic development | 2019 | $136,838 |
| Jo-carrol Energy Inc Nfp | Economic development | 2018 | $152,539 |
| Jo-carrol Energy Inc Nfp | Economic development | 2017 | $109,925 |
| Jo-carrol Energy Inc Nfp | Economic development | 2016 | $100,679 |
| Jo-carrol Energy Inc Nfp | Economic development | 2016 | $73,264 |
| Jo-carrol Energy Inc Nfp | Regional economic development | 2015 | $183,780 |
| Jo-carrol Energy Inc Nfp | Regional economic development | 2014 | $105,904 |
Explore more
Data for Tri- County Economic Development Alliance Inc (EIN 61-1575200) 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.