GREATER PEORIA BUSINESS ALLIANCE

EIN: 363792296

PEORIA, IL

Total Revenue
$443,987
Total Expenses
$442,644
Total Assets
$324,758
Net Assets
$263,900
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IL
Principal Officer
JESSICA LINDER GALLO
Phone
3094955900
Tax Period
2023-01-01 to 2023-12-31

GREATER PEORIA BUSINESS ALLIANCE, founded in 1990, is a small nonprofit that reported $444K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE STRATEGIC LEADERSHIP, COORDINATE RESOURCES, AND CREATE INITIATIVES FOCUSED ON DEVELOPING, GROWING, AND NURTURING THE HEARTLAND ECONOMY.

Program Service Accomplishments

Program 1

THE PROMOTION OF ECONOMIC DEVELOPMENT IN CENTRAL ILLINOIS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $435,492
Investment Income $1,495
Other Revenue $7,000
TOTAL REVENUE $443,987

Expense Breakdown

Grants Paid $0
Salaries & Benefits $261,993
Fundraising Expenses $0
Other Expenses $180,651
TOTAL EXPENSES $442,644

Year-over-Year Comparison

2023 2022 Change
Revenue $443,987 $389,269 +0.1%
Expenses $442,644 $407,264 +0.1%
Net Income $1,343 $-17,995 -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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
7
Employees
12
Volunteers
85

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
4
$209,220
Total Directors
8
$209,220
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSHUA GUNN President 1.00
Officer Director
$188,049 $21,171 $209,220
MARCELLUS SOMERVILLE Treasurer 1.00
Officer Director
$0 $0 $0
LAURA GLEISSNER Director 1.00
Director
$0 $0 $0
Justin Ball Director 1.00
Director
$0 $0 $0
Andy Honegger Past Chairman 1.00
Director
$0 $0 $0
MATT MAMER Vice Chairman 1.00
Officer Director
$0 $0 $0
Andre Allen Chairman 1.00
Officer Director
$0 $0 $0
JAMEL SANTA CRUZE WRIGHT Director 1.00
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
2024 No data No data No data No data
2023 $443,987 $442,644 $324,758 $1,343
2022 $389,269 $407,264 $355,675 $-17,995
2021 $344,095 $359,967 $347,617 $-15,872
2020 $299,763 $297,838 $354,450 $1,925
2019 $379,613 $370,160 $351,636 $9,453
2018 $364,856 $362,352 $401,603 $2,504
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