DOUGLAS COUNTY ECONOMIC DEVELOPMENT CORPORATION

EIN: 371295590

TUSCOLA, IL

Total Revenue
$291,770
Total Expenses
$266,067
Total Assets
$215,030
Net Assets
$192,139
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IL
Principal Officer
BRIAN MOODY
Phone
2172532552
Tax Period
2024-07-01 to 2025-06-30

DOUGLAS COUNTY ECONOMIC DEVELOPMENT CORPORATION, founded in 1992, is a small nonprofit that reported $292K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $266K left a modest 9% surplus.

Mission

TO DEVELOP THE ECONOMY OF TUSCOLA AND DOUGLAS COUNTY, ILLINOIS THROUGH BUSINESS ASSISTANCE,CONSULTING AND RECRUITING.

Program Service Accomplishments

Program 1

MARKETING TUSCOLA'S INDUSTRIAL AND COMMERICAL/RETAIL SITES.

Program 2

ASSISTED DOUGLAS COUNTY BUSINESSES WITH DEVELOPING BUSINESS PLANS, PLANT ACQUISITION, AND GRANT REQUESTS. THE ORGANIZATION ALSO MANAGES THE LOCAL AREA ENTERPRISE ZONE.

Program 3

ASSISTED THE CITY OF TUSCOLA WITH IMPLEMENTATION AND MAINTENANCE OF A MARKETING PROGRAM.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $262,185
Program Service Revenue $26,413
Investment Income $704
Other Revenue $2,468
TOTAL REVENUE $291,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $225,931
Fundraising Expenses $0
Other Expenses $40,136
TOTAL EXPENSES $266,067

Year-over-Year Comparison

2024 2023 Change
Revenue $291,770 $269,117 +0.1%
Expenses $266,067 $183,823 +0.4%
Net Income $25,703 $85,294 -0.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
8
Independent Members
N/A
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
3
$0
Total Directors
10
$213,294
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN MOODY EXECUTIVE DI 40.00
Director
$86,523 $29,599 $116,122
STEPHENY MCMAHON ASSISTANT DI 40.00
Director
$78,662 $18,510 $97,172
JACKI ATHEY DIRECTOR N/A
Director
$0 $0 $0
TAMMY BENNETT DIRECTOR N/A
Director
$0 $0 $0
DALE BOYER PRESIDENT N/A
Officer Director
$0 $0 $0
DAN HENRY DIRECTOR N/A
Director
$0 $0 $0
DREW HOEL SECRETARY N/A
Officer Director
$0 $0 $0
CORY KLEISS VICE PRESIDE N/A
Officer Director
$0 $0 $0
TOM MULLIGAN DIRECTOR N/A
Director
$0 $0 $0
BILL WAGONER DIRECTOR N/A
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 $291,770 $266,067 $215,030 $25,703
2024 $269,117 $183,823 $192,138 $85,294
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare DOUGLAS COUNTY ECONOMIC DEVELOPMENT CORPORATION with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.