MONROE COUNTY ILLINOIS ECONOMIC DEVELOPMENT CORPORATION (EIN 812578583) - Form 990 Financial Analysis & Trantor Score

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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

2016

Legal Domicile

Principal Officer

KEVIN W KOENIGSTEIN

Phone

6189398681

Tax Period

2024-01-01 to 2024-12-31

MONROE COUNTY ILLINOIS ECONOMIC DEVELOPMENT CORPORATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $350K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 23% operating margin.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT IN MONROE COUNTY 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $209,702

Program Service Revenue $137,684

Investment Income $55

Other Revenue $2,907

TOTAL REVENUE $350,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,509

Fundraising Expenses $19,587

Program Expenses $215,581

Other Expenses $159,967

TOTAL EXPENSES $269,476

Year-over-Year Comparison

	2024	2023	Change
Revenue	$350,348	$232,008	+0.5%
Expenses	$269,476	$148,019	+0.8%
Net Income	$80,872	$83,989	0.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$93,479

Total Directors

$93,479

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAM POETKER	Executive Dir.	40.00	Officer Director	$69,879	$0	$69,879
PAMELA POETKER	Secretary	40.00	Officer Director	$23,600	$0	$23,600
COLE STENZEL	President	1.00	Officer Director	$0	$0	$0
GEORGE OBERNAGEL	Vice President	1.00	Officer Director	$0	$0	$0
KEVIN W KOENIGSTEIN	Treasurer	1.00	Officer 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	$350,348	$269,476	$340,174	$80,872
2023	$232,008	$148,019	$259,301	$83,989

MONROE COUNTY ILLINOIS ECONOMIC DEVELOPMENT CORPORATION