DEKALB, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DEKALB COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1987, is a small nonprofit that reported $648K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $613K left a modest 5% surplus.
PROMOTE AND ASSIST THE GROWTH AND DEVELOPMENT OF BUSINESS IN DEKALB COUNTY, ATTRACT BUSINESS AND INDUSTRY TO DEKALB COUNTY, ASSIST WITH WORKFORCE DEVELOPMENT, AND FACILITATE DEMOGRAPHIC RESEARCH AND EDUCATIONAL ACTIVITIES.
DCEDC PROCESSED 35 ATTRACTION & EXPANSION PROJECTS IN 2023. THIS NUMBER IS LOWER THAN PREVIOUS YEARS, BUT SEVERAL MAJOR PROJECTS, INCLUDING THE KRAFT HEINZ.CAPITAL INVESTMENT OF 493,009,012 (3RD...
DCEDC PROCESSED 35 ATTRACTION & EXPANSION PROJECTS IN 2023. THIS NUMBER IS LOWER THAN PREVIOUS YEARS, BUT SEVERAL MAJOR PROJECTS, INCLUDING THE KRAFT HEINZ.CAPITAL INVESTMENT OF 493,009,012 (3RD HIGHEST IN DCEDC HISTORY).1,347,800 SQ FT OF INDUSTRIAL CONSTRUCTION, ACQUISITION, & LEASING. 2020-2023 1227 NEW JOBS HAVE BEEN CREATED IN DEKALB COUNTY, IL.
IN 2023, WE SUSTAINED OUR ANNUAL FUNDING AND ADDED TWO NEW INVESTORS FOR 2024, AND EXTENDED FIVE ORIGINAL 3-YEAR INVESTOR FOR ADDITIONAL YEARS. THE WORKSHEET HAS BEEN ATTACHED IN THE PORTAL. IN...
IN 2023, WE SUSTAINED OUR ANNUAL FUNDING AND ADDED TWO NEW INVESTORS FOR 2024, AND EXTENDED FIVE ORIGINAL 3-YEAR INVESTOR FOR ADDITIONAL YEARS. THE WORKSHEET HAS BEEN ATTACHED IN THE PORTAL. IN ADDITION, THE CREATION OF THE YOUNG PROFESSIONALS GROUP ELEVATE EVOLVED FROM THE OPPORTUNITY UNBOUND PROGRAM. THIS IS A PROGRAM GEARED TOWARDS ENGAGING OUR YOUNG PROFESSIONALS TO LIVE, WORK, PLAY, AND STAY IN DEKALB COUNTY. ENGAGEMENTS INCLUDE PERIODIC SOCIAL NETWORKING EVENTS THROUGHOUT THE YEAR.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $647,753 | $561,356 | +0.2% |
| Expenses | $612,573 | $596,845 | +0.0% |
| Net Income | $35,180 | $-35,489 | -2.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL KOKOTT | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN LAMB | TREAURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PRAMIT PATEL | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRANK ROBERTS | IMMEDIATE PP | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CORTNEY STROHACKER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL BOREK | EXECUTIVE DI | 60.00 |
Officer
|
$0 | $0 | $0 |
| C MARK WILLIAMS | EXECUTIVE DI | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $647,753 | $612,573 | $555,770 | $35,180 |
| 2022 | $561,356 | $596,845 | $550,331 | $-35,489 |
| 2021 | $611,941 | $448,811 | $494,025 | $163,130 |
| 2020 | $499,364 | $501,722 | $328,337 | $-2,358 |
| 2019 | $518,479 | $477,974 | $328,357 | $40,505 |
| 2018 | $398,816 | $421,923 | $295,451 | $-23,107 |
Compare DEKALB COUNTY ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in Illinois and across the country.