GILLESPIE, IL
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Sign In — Free (10 views/day)ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION, founded in 1966, is a mid-sized nonprofit in the Human Services sector that reported $13.5M in total revenue in fiscal year 2024. Expenses of $11.9M left a modest 12% surplus.
ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION IS ORGANIZED AS A CHARITABLE AND EDUCATIONAL ORGANIZATION THAT EXISTS TO SERVE THE COMMUNITY, THROUGH PROGRAMS TO ASSIST LOW-INCOME, DISABLED, ELDERLY, AND INDIVIDUALS AND FAMILIES IN NEED. IVEDC ACTS TO RECEIVE, PLAN, COORDINATE, AND ADMINISTER FEDERAL, STATE, LOCAL AND PRIVATE RESOURCES TOWARDS EDUCATION, EMPLOYMENT AND TRAINING, HOUSING, ENERGY, FOOD AND NUTRITION, DEVELOPMENTAL TRAINING, TRANSPORTATION, RESOURCE COORDINATION, AND OTHER SUCH RELATED NEEDS. IVEDC SHALL BE A CATALYST AND ADVOCATE FOR THE INTEREST OF ITS CLIENTS IN ORDER TO IMPROVE LIVES AND ENRICH COMMUNITIES.
ENERGY PROGRAMS - THE ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION OPERATES TWO PROGRAMS PROVIDING HOME UTILITY ASSISTANCE AND ENERGY SECURITY IN THE AGENCY'S FOUR COUNTY SERVICE AREA. THESE...
ENERGY PROGRAMS - THE ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION OPERATES TWO PROGRAMS PROVIDING HOME UTILITY ASSISTANCE AND ENERGY SECURITY IN THE AGENCY'S FOUR COUNTY SERVICE AREA. THESE PROGRAMS ARE THE LOW-INCOME HOME ENERGY ASSISTANCE PROGRAM (LIHEAP), AND THE ILLINOIS HOME WEATHERIZATION ASSISTANCE PROGRAM (IHWAP). LIHEAP ANNUALLY PROVIDES BENEFITS TO ELIGIBLE HOUSEHOLDS TO OFFSET WINTER AND SUMMER UTILITY COSTS, PROVIDE FOR RECONNECTION OF UTILITY SERVICES, AND PROVIDE FOR FURNACE REPAIR OR REPLACEMENT. THE NUMBER OF HOUSEHOLDS ASSISTED VARIES EACH YEAR DUE TO THE CHANGING ALLOCATIONS PROVIDED. IN FY25 PROGRAM YEAR, THE AGENCY PROVIDED 3,298 HOUSEHOLDS WITH UTILITY ASSISTANCE, OVER 926 HOUSEHOLDS WITH FUNDS FOR EMERGENCY RECONNECTION, AND APPROXIMATELY 34 HOUSEHOLDS WITH FURNACE REPAIR OR REPLACEMENT. FOR FY25, THE PERCENTAGE OF INCOME PAYMENT PROGRAM (PIPP) PROVIDED UTILITY ASSISTANCE TO APPROXIMATELY 266 HOUSEHOLDS. IHWAP PROVIDES WEATHERIZATION ASSISTANCE IN THE FORM OF INSULATION, WEATHER STRIPPING, AIR-SEALING, REPAIRING WINDOWS AND DOORS, PURCHASE OF REFRIGERATORS, AND PROVIDING FOR MAINTENANCE, REPAIR, AND/OR REPLACEMENT OF HEATING SYSTEMS. THE NUMBER OF HOUSEHOLDS THE IHWAP PROGRAM CAN ASSIST YEARLY DEPENDS ON PROGRAM FUNDING, AND THE AMOUNT OF FUNDS NEEDED PER HOME TO MAKE THE HOME MORE ENERGY EFFICIENT, AFFORDABLE, AND COMFORTABLE. IVEDC RUNS A CREW BASED PROGRAM FOR ARCHITECTURAL AND A CONTRACTOR BASED PROGRAM FOR HVAC. USING THIS HYBRID APPROACH, 28 HOMES WERE WEATHERIZED IN FY25.
EARLY CHILDHOOD PROGRAMS - THE HEAD START PROGRAM PROVIDES OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED CHILDREN, AGES 3 THROUGH 5, TO RECEIVE COMPREHENSIVE CHILD DEVELOPMENT SERVICES AND ASSISTANCE...
EARLY CHILDHOOD PROGRAMS - THE HEAD START PROGRAM PROVIDES OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED CHILDREN, AGES 3 THROUGH 5, TO RECEIVE COMPREHENSIVE CHILD DEVELOPMENT SERVICES AND ASSISTANCE TO THEIR PARENTS IN FORMULATING AND ACHIEVING SELF-SUFFICIENCY GOALS. WE ARE FUNDED TO SERVE A TOTAL OF 210 CHILDREN, 10% WITH DISABILITIES, WITHIN OUR SERVICE AREA OF MACOUPIN, GREENE, JERSEY, AND CALHOUN COUNTIES. CHILDREN ATTEND EITHER A CENTER BASED MODEL WITH CLASSES 5 DAYS A WEEK, 5.5 HOURS A DAY, FOR A TOTAL OF 160 DAYS OR A HOME BASED MODEL IN WHICH CHILDREN AND PARENTS PARTICIPATE IN A WEEKLY HOME VISIT FOR 37 WEEKS WITH GROUP ACTIVITIES HELD TWICE A MONTH. AS PART OF THE PROGRAM, CHILDREN RECEIVE EDUCATION, MEDICAL, DENTAL, NUTRITION, AND MENTAL HEALTH SERVICES. EDUCATIONAL PROGRESS AND OUTCOMES ARE TRACKED THROUGH THE TEACHING STRATEGIES GOLD, DIAL 4 SCREENINGS, AND OBSERVATIONAL INSTRUMENTS THREE TIMES DURING THE YEAR. CHILDREN SHOW DRAMATIC PROGRESS IN THE AREAS EVALUATED WHICH INCLUDE SOCIAL, EMOTIONAL, PHYSICAL, COGNITIVE, AND LANGUAGE DEVELOPMENT. APPROXIMATELY 50% OF THE CHILDREN TRANSITION INTO KINDERGARTEN EACH YEAR. THE EARLY HEAD START PROGRAM OFFERS SIMILAR AGE APPROPRIATE AND PARENTING OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED FAMILIES WHO HAVE CHILDREN UP TO AGE 3. THE PROGRAM IS A HOME-BASED MODEL SERVING 24 FAMILIES A MINIMUM OF 48 WEEKS/YEAR. PARENTS ARE ENCOURAGED TO BECOME DIRECTLY INVOLVED IN THE PROGRAM BY VOLUNTEERING IN THE CLASSROOM, ATTENDING PARENT MEETINGS, SERVING ON THE POLICY COUNCIL, PARTICIPATING IN HOME VISITS AND PARENT/TEACHER CONFERENCES, AND ENTERING INTO FAMILY PARTNERSHIP AGREEMENTS FOR GOAL SETTING PURPOSES. BY PROVIDING INDIVIDUALIZED SERVICES FOR BOTH CHILDREN AND PARENTS, THE HEAD START PROGRAM PREPARES THE CHILDREN FOR KINDERGARTEN AND THE PARENTS FOR SETTING AND ACHIEVING FAMILY GOALS AS WELL AS STRENGTHENING THEIR ROLE AS THE FIRST AND PRIMARY EDUCATORS OF THEIR CHILDREN. IN FY25 IVEDC SERVED 136 CHILDREN. CHILDREN WERE ASSESSED USING TEACHING STRATEGIES GOLD AND MET OR EXCEEDED OBJECTIVES IN SOCIAL EMOTIONAL, PHYSICAL, LANGUAGE, COGNITIVE, LITERACY AND MATHEMATICS. PREVENTION INITIATIVE 0-3 PROGRAM PROVIDED SIMILAR SERVICES AS THE EARLY HEADSTART PROGRAM. PI SERVED 12 FAMILIES WITH LIKE SERVICES.
COMMUNITY DAY SERVICE PROGRAMS - IVEDC OPERATES TWO CDS PROGRAMS IN JERSEY AND MACOUPIN COUNTIES, WHICH PROVIDE A FULL RANGE OF SERVICES FOR PERSONS EIGHTEEN YEARS OF AGE OR OLDER WHO HAVE A...
COMMUNITY DAY SERVICE PROGRAMS - IVEDC OPERATES TWO CDS PROGRAMS IN JERSEY AND MACOUPIN COUNTIES, WHICH PROVIDE A FULL RANGE OF SERVICES FOR PERSONS EIGHTEEN YEARS OF AGE OR OLDER WHO HAVE A DIAGNOSED DEVELOPMENTAL DISABILITY. DEVELOPMENT TRAINING SERVICES INCLUDE ASSESSMENT AND INDIVIDUAL PROGRAM PLANNING. EMPLOYMENT SERVICES ARE PROVIDED, WHERE CONTRACT WORK IS COMPETITIVELY BID AND INDIVIDUALS EARN A PAYCHECK WHILE LEARNING REAL WORK SKILLS. THE PROGRAMS ARE DESIGNED TO TEACH LIFE SKILLS AND GOOD WORK HABITS TO DEVELOP POTENTIAL AND INCREASE SELF-SUFFICIENCY, SO THAT EACH INDIVIDUAL MAY HAVE THE BEST POSSIBLE QUALITY OF LIFE WITHIN THE LEAST RESTRICTIVE ENVIRONMENT. IVEDC SERVES APPROXIMATELY 101 DEVELOPMENTALLY DISABLED ADULTS THROUGH PROGRAMS AND WORK OPPORTUNITIES AT OUR FACILITIES LOCATED IN GILLESPIE (MACOUPIN COUNTY) AND JERSEYVILLE (JERSEY COUNTY). MANY PARTICIPANTS ARE OFFERED THE OPPORTUNITY TO EARN A PAYCHECK WHETHER WORKING IN THE CONTRACTED CARDBOARD RECYCLING, CONTRACTED PIECE WORK, BUILDING CRAFTS THAT SUPPLY LOCAL MARKETS OR MAINTENANCE PERSONNEL AT THE RAILSPLITTER AND/OR COALFIELD REST AREA ON INTERSTATE I-55.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $13,490,878 | $12,940,516 | +0.0% |
| Expenses | $11,920,199 | $12,345,548 | 0.0% |
| Net Income | $1,570,679 | $594,968 | +1.6% |
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 |
|---|---|---|---|---|---|---|
| LINDA DAVIDSON | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BECKY SHIPLEY | VICE BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOYCE CLARK | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHAWNA POE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JACOB COPPLE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DANA YOWELL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LARRY SCHMIDT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CAROL SCHAFFNER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| CINDY COFFMAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SARAH WORKMAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RICHARD LOTT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| GARY KRUEGER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LYNN ROBINSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KATHY ROGERS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BETH TRIPLETT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| AMBER NASH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KATIE ABBEY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LISA SMITH | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANGELA ALLEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SANDY TEICHMANN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JESSICA BAZE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| LYNN PETRELLI | CFO | 40.00 |
Officer
|
$92,970 | $16,710 | $109,680 |
| STEPHANIE STAHLHUT | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$96,196 | $15,281 | $111,477 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $13,490,878 | $11,920,199 | $13,108,858 | $1,570,679 |
| 2024 | $12,940,516 | $12,345,548 | $11,582,215 | $594,968 |
| 2023 | $14,462,276 | $13,825,549 | $10,874,718 | $636,727 |
| 2022 | $12,871,586 | $12,666,759 | $10,213,117 | $204,827 |
| 2021 | $12,352,802 | $11,405,196 | $10,337,143 | $947,606 |
| 2020 | $9,027,042 | $8,800,561 | $9,647,456 | $226,481 |
| 2019 | $8,900,819 | $8,699,740 | $8,335,328 | $201,079 |
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