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Employer Identification Number 37-1356170

GALESBURG REGIONAL ECONOMIC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:GALESBURG REGIONAL ECONOMIC
Employer identification number (EIN):37-1356170
EIN Issuing AuthorityCincinnati, OH
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementPROVIDE LEADERSHIP FOR ECONOMIC GROWTH AND PROSPERITY IN THE KNOX COUNTY ILLINOIS REGIONAL AREA.
Number of Employees4
Year Formed1996

Organization Governance

Legal DomicileIL
Voting Members - Governing Body10
Voting Members - Independent10

Organization Financials

2022-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 187,000
Program Service Revenue from current yearUSD $ 181,700
Investment Income from prior yearUSD $ 1,535
Investment Income from current yearUSD $ 795
Other Revenue from prior yearUSD $ 14,026
Other Revenue from current yearUSD $ 1,353
Gross receipts from all sourcesUSD $ 290,693
Net assets / fund balances at end of fiscal yearUSD $ 749,437
Net assets / fund balances at beginning of fiscal yearUSD $ 761,889
Total liabilities at end of fiscal yearUSD $ 144,228
Total liabilities at beginning of fiscal yearUSD $ 8,829
Total assets at end of fiscal yearUSD $ 893,665
Total assets at beginning of fiscal yearUSD $ 770,718
Revenues less expenses for current yearUSD $ -12,453
Revenues less expenses for previous yearUSD $ 48,638
Total expenses for current yearUSD $ 303,146
Total expenses for previous yearUSD $ 287,013
Other expenses in current yearUSD $ 95,106
Other expenses in previous yearUSD $ 86,996
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 208,040
Employee salary and benefits paid in previous yearUSD $ 200,017
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 290,693
Total revenue in previous fiscal yearUSD $ 335,651
Contributions and grants from current yearUSD $ 106,845
Contributions and grants from previous yearUSD $ 133,090
Total of other revenueUSD $ 1,353
2021-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 181,500
Program Service Revenue from current yearUSD $ 187,000
Investment Income from prior yearUSD $ 4,416
Investment Income from current yearUSD $ 1,535
Other Revenue from prior yearUSD $ 10,971
Other Revenue from current yearUSD $ 14,026
Gross receipts from all sourcesUSD $ 335,651
Net assets / fund balances at end of fiscal yearUSD $ 761,889
Net assets / fund balances at beginning of fiscal yearUSD $ 713,251
Total liabilities at end of fiscal yearUSD $ 8,829
Total liabilities at beginning of fiscal yearUSD $ 18,208
Total assets at end of fiscal yearUSD $ 770,718
Total assets at beginning of fiscal yearUSD $ 731,459
Revenues less expenses for current yearUSD $ 48,638
Revenues less expenses for previous yearUSD $ -60,765
Total expenses for current yearUSD $ 287,013
Total expenses for previous yearUSD $ 322,664
Other expenses in current yearUSD $ 86,996
Other expenses in previous yearUSD $ 107,055
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 200,017
Employee salary and benefits paid in previous yearUSD $ 215,609
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 335,651
Total revenue in previous fiscal yearUSD $ 261,899
Contributions and grants from current yearUSD $ 133,090
Contributions and grants from previous yearUSD $ 65,012
Total of other revenueUSD $ 14,026
2020-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 187,500
Program Service Revenue from current yearUSD $ 181,500
Investment Income from prior yearUSD $ 5,037
Investment Income from current yearUSD $ 4,416
Other Revenue from prior yearUSD $ 23,093
Other Revenue from current yearUSD $ 10,971
Gross receipts from all sourcesUSD $ 261,899
Net assets / fund balances at end of fiscal yearUSD $ 713,251
Net assets / fund balances at beginning of fiscal yearUSD $ 774,016
Total liabilities at end of fiscal yearUSD $ 18,208
Total liabilities at beginning of fiscal yearUSD $ 10,918
Total assets at end of fiscal yearUSD $ 731,459
Total assets at beginning of fiscal yearUSD $ 784,934
Revenues less expenses for current yearUSD $ -60,765
Revenues less expenses for previous yearUSD $ 39,272
Total expenses for current yearUSD $ 322,664
Total expenses for previous yearUSD $ 272,429
Other expenses in current yearUSD $ 107,055
Other expenses in previous yearUSD $ 86,176
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 215,609
Employee salary and benefits paid in previous yearUSD $ 186,253
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 261,899
Total revenue in previous fiscal yearUSD $ 311,701
Contributions and grants from current yearUSD $ 65,012
Contributions and grants from previous yearUSD $ 96,071
Total of other revenueUSD $ 10,971
2019-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 187,500
Program Service Revenue from current yearUSD $ 187,500
Investment Income from prior yearUSD $ 3,204
Investment Income from current yearUSD $ 5,037
Other Revenue from prior yearUSD $ 19,617
Other Revenue from current yearUSD $ 23,093
Gross receipts from all sourcesUSD $ 311,701
Net assets / fund balances at end of fiscal yearUSD $ 774,016
Net assets / fund balances at beginning of fiscal yearUSD $ 734,744
Total liabilities at end of fiscal yearUSD $ 10,918
Total liabilities at beginning of fiscal yearUSD $ 15,870
Total assets at end of fiscal yearUSD $ 784,934
Total assets at beginning of fiscal yearUSD $ 750,614
Revenues less expenses for current yearUSD $ 39,272
Revenues less expenses for previous yearUSD $ -10,433
Total expenses for current yearUSD $ 272,429
Total expenses for previous yearUSD $ 313,554
Other expenses in current yearUSD $ 86,176
Other expenses in previous yearUSD $ 89,249
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 186,253
Employee salary and benefits paid in previous yearUSD $ 224,305
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 311,701
Total revenue in previous fiscal yearUSD $ 303,121
Contributions and grants from current yearUSD $ 96,071
Contributions and grants from previous yearUSD $ 92,800
Total of other revenueUSD $ 23,093
2018-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 183,550
Program Service Revenue from current yearUSD $ 187,500
Investment Income from prior yearUSD $ 1,303
Investment Income from current yearUSD $ 3,204
Other Revenue from prior yearUSD $ 8,419
Other Revenue from current yearUSD $ 19,617
Gross receipts from all sourcesUSD $ 303,121
Net assets / fund balances at end of fiscal yearUSD $ 734,744
Net assets / fund balances at beginning of fiscal yearUSD $ 745,177
Total liabilities at end of fiscal yearUSD $ 15,870
Total liabilities at beginning of fiscal yearUSD $ 7,505
Total assets at end of fiscal yearUSD $ 750,614
Total assets at beginning of fiscal yearUSD $ 752,682
Revenues less expenses for current yearUSD $ -10,433
Revenues less expenses for previous yearUSD $ -18,973
Total expenses for current yearUSD $ 313,554
Total expenses for previous yearUSD $ 290,428
Other expenses in current yearUSD $ 89,249
Other expenses in previous yearUSD $ 88,188
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 224,305
Employee salary and benefits paid in previous yearUSD $ 202,240
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 303,121
Total revenue in previous fiscal yearUSD $ 271,455
Contributions and grants from current yearUSD $ 92,800
Contributions and grants from previous yearUSD $ 78,183
Total of other revenueUSD $ 19,617
2017-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 185,700
Program Service Revenue from current yearUSD $ 183,550
Investment Income from prior yearUSD $ -1,865
Investment Income from current yearUSD $ 1,303
Other Revenue from prior yearUSD $ 11,823
Other Revenue from current yearUSD $ 8,419
Gross receipts from all sourcesUSD $ 271,455
Net assets / fund balances at end of fiscal yearUSD $ 745,177
Net assets / fund balances at beginning of fiscal yearUSD $ 764,150
Total liabilities at end of fiscal yearUSD $ 7,505
Total liabilities at beginning of fiscal yearUSD $ 12,196
Total assets at end of fiscal yearUSD $ 752,682
Total assets at beginning of fiscal yearUSD $ 776,346
Revenues less expenses for current yearUSD $ -18,973
Revenues less expenses for previous yearUSD $ -27,530
Total expenses for current yearUSD $ 290,428
Total expenses for previous yearUSD $ 300,538
Other expenses in current yearUSD $ 88,188
Other expenses in previous yearUSD $ 134,892
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 202,240
Employee salary and benefits paid in previous yearUSD $ 165,646
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 271,455
Total revenue in previous fiscal yearUSD $ 273,008
Contributions and grants from current yearUSD $ 78,183
Contributions and grants from previous yearUSD $ 77,350
Total of other revenueUSD $ 8,419
2016-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 188,500
Program Service Revenue from current yearUSD $ 185,700
Investment Income from prior yearUSD $ 4,977
Investment Income from current yearUSD $ -1,865
Other Revenue from prior yearUSD $ 4,070
Other Revenue from current yearUSD $ 11,823
Gross receipts from all sourcesUSD $ 279,947
Net assets / fund balances at end of fiscal yearUSD $ 764,150
Net assets / fund balances at beginning of fiscal yearUSD $ 791,680
Total liabilities at end of fiscal yearUSD $ 12,196
Total liabilities at beginning of fiscal yearUSD $ 10,270
Total assets at end of fiscal yearUSD $ 776,346
Total assets at beginning of fiscal yearUSD $ 801,950
Revenues less expenses for current yearUSD $ -27,530
Revenues less expenses for previous yearUSD $ 64,961
Total expenses for current yearUSD $ 300,538
Total expenses for previous yearUSD $ 207,911
Other expenses in current yearUSD $ 134,892
Other expenses in previous yearUSD $ 76,753
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 165,646
Employee salary and benefits paid in previous yearUSD $ 131,158
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 273,008
Total revenue in previous fiscal yearUSD $ 272,872
Contributions and grants from current yearUSD $ 77,350
Contributions and grants from previous yearUSD $ 75,325
Total of other revenueUSD $ 11,823
2015-12-31
Total unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 199,235
Program Service Revenue from current yearUSD $ 188,500
Investment Income from prior yearUSD $ 4,931
Investment Income from current yearUSD $ 4,977
Other Revenue from prior yearUSD $ 4,438
Other Revenue from current yearUSD $ 4,070
Gross receipts from all sourcesUSD $ 272,872
Net assets / fund balances at end of fiscal yearUSD $ 791,680
Net assets / fund balances at beginning of fiscal yearUSD $ 726,719
Total liabilities at end of fiscal yearUSD $ 10,270
Total liabilities at beginning of fiscal yearUSD $ 6,266
Total assets at end of fiscal yearUSD $ 801,950
Total assets at beginning of fiscal yearUSD $ 732,985
Revenues less expenses for current yearUSD $ 64,961
Revenues less expenses for previous yearUSD $ 146,215
Total expenses for current yearUSD $ 207,911
Total expenses for previous yearUSD $ 152,114
Other expenses in current yearUSD $ 76,753
Other expenses in previous yearUSD $ 101,855
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 131,158
Employee salary and benefits paid in previous yearUSD $ 50,259
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 272,872
Total revenue in previous fiscal yearUSD $ 298,329
Contributions and grants from current yearUSD $ 75,325
Contributions and grants from previous yearUSD $ 89,725
Total of other revenueUSD $ 4,070

Other Company Names associated with EIN

KNOX COUNTY AREA PARTNERSHIP

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 371356170

USA Mailing Address
185 S KELLOGG STREET
GALESBURG
IL
61401
Date first seen: 2007-01-01
Date last seen: 2024-01-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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