CHAMPAIGN COUNTY ECONOMIC PARTNERSHIP

EIN: 371200848

CHAMPAIGN, IL

Total Revenue
$1,193,369
Total Expenses
$1,264,676
Total Assets
$856,415
Net Assets
$355,086
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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
1987
Legal Domicile
IL
Principal Officer
CARLY MCCRORY-MCKAY
Phone
2173596261
Tax Period
2024-07-01 to 2025-06-30

CHAMPAIGN COUNTY ECONOMIC PARTNERSHIP, founded in 1987, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

A PUBLIC-PRIVATE PARTNERSHIP DEDICATED TO FOSTERING A COOPERATIVE, COUNTY-WIDE APPROACH TO ECONOMIC DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,165,712
Program Service Revenue $21,052
Investment Income $5,675
Other Revenue $930
TOTAL REVENUE $1,193,369

Expense Breakdown

Grants Paid $0
Salaries & Benefits $731,761
Fundraising Expenses $0
Other Expenses $532,915
TOTAL EXPENSES $1,264,676

Year-over-Year Comparison

2024 2023 Change
Revenue $1,193,369 $1,058,255 +0.1%
Expenses $1,264,676 $1,021,563 +0.2%
Net Income $-71,307 $36,692 -2.9%
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
17
Independent Members
17
Employees
7
Volunteers
17

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
5
$173,126
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA APPENZELLER BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICK BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX SCHARF BOARD MEMBER 1.00
Director
$0 $0 $0
MARK DIXON VICE-CHAIR 1.00
Officer Director
$0 $0 $0
SCOTT EISENHAUER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT FLIDER BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE KNIGHT CHAIR 1.00
Officer Director
$0 $0 $0
WILL KYLES BOARD MEMBER 1.00
Director
$0 $0 $0
MAX MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
MARTIN O'DONNELL ASSISTANT TREASURER 1.00
Officer Director
$0 $0 $0
ANDREA RUEDI BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE STUART BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE SUMMERS BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE TOCK TREASURER 1.00
Officer Director
$0 $0 $0
JOHN WALSH BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER WALTON BOARD MEMBER 1.00
Director
$0 $0 $0
BRIAN WIEMERS BOARD MEMBER 1.00
Director
$0 $0 $0
CARLY MCCRORY-MCKAY EXECUTIVE DIRECTOR 40.00
Officer
$152,348 $20,778 $173,126
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 $1,193,369 $1,264,676 $856,415 $-71,307
2024 $1,058,255 $1,021,563 $1,228,462 $36,692
2023 $960,506 $949,649 $953,507 $10,857
2022 $884,793 $753,777 $513,688 $131,016
2021 $665,047 $603,975 $385,790 $61,072
2020 $627,775 $601,393 $333,852 $26,382
2019 $463,718 $544,630 $282,468 $-80,912
2018 $607,246 $624,681 $397,968 $-17,435
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