Southern Illinois Stimulus Corporation

EIN: 223900375 Community Improvement

Mounds, IL

Total Revenue
$120,104
Total Expenses
$133,123
Total Assets
$1,883,727
Net Assets
$1,817,400
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
IL
Principal Officer
Tabatha Smith
Phone
6187456307
Tax Period
2025-01-01 to 2025-12-31

Southern Illinois Stimulus Corporation, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $120K in total revenue in fiscal year 2025. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $133K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Organization was formed to promote the development, establishment or expansion of industry in the Illinois counties of Alexander, Pulaski and Johnson.

Program Service Accomplishments

Program 1
Expenses: $117,098

The Organization owns 360 acres of land that has been established as a regional industrial park. Steps were taken to set up a revolving loan Program to assist start-up businesses. Equipment was...

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The Organization owns 360 acres of land that has been established as a regional industrial park. Steps were taken to set up a revolving loan Program to assist start-up businesses. Equipment was purchased and leased at low cost to businesses to help them reduce cost of doing business and preserve jobs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $25,213
Program Service Revenue $79,399
Investment Income $14,742
Other Revenue $750
TOTAL REVENUE $120,104

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $117,098
Other Expenses $133,123
TOTAL EXPENSES $133,123

Year-over-Year Comparison

2025 2024 Change
Revenue $120,104 $299,803 -0.6%
Expenses $133,123 $147,646 -0.1%
Net Income $-13,019 $152,157 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD FITZGERALD President 0.00
Director
$0 $0 $0
ROBERT REICHERT Vice President Sec 0.00
Director
$0 $0 $0
NORMA TUROK Director 0.00
Director
$0 $0 $0
KAREN JONES Director 0.00
Director
$0 $0 $0
MONICA SMITH Treasurer 0.00
Director
$0 $0 $0
REX WILBURN Director 0.00
Director
$0 $0 $0
STEVEN PENROD Director 0.00
Director
$0 $0 $0
STEPHEN YANDELL Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $120,104 $133,123 $1,883,727 $-13,019
2024 $299,803 $147,646 $1,911,421 $152,157
2023 $217,693 $183,266 $1,773,278 $34,427
2022 $94,864 $125,023 $1,754,826 $-30,159
2021 $101,176 $123,017 $1,792,088 $-21,841
2020 $202,363 $121,458 $1,829,436 $80,905
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