EIN 37-6059503

Illinois Valley Economic Development Corporation (IVEDC)

IRS 501(c) type
501(c)(3)
Num. employees
316
Year formed
1966
Most recent tax filings
2020-06-01
Description
Illinois Valley Economic Development Corporation (IVEDC) 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.

Program areas at IVEDC

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 fy20 program year, the agency provided 2,349 households with utility assistance, over 452 households with funds for emergency reconnection, and approximately 18 households with furnace repair or replacement. For fy20, the percentage of income payment program (pipp) provided utility assistance to approximately 405 households. Senior citizens represent up to 50% of the households receiving assistance. 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. Unfortunately in fy20 only 12 homes were weatherized due to covid19 and the shelter in place order from the governor's office.
Rehabilitation programs - the agency's rehabilitation programs provide a full range of rehabilitative 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 through the sheltered workshop, 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 120 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.
Head start/early head start program - 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 242 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. Over 62,000 breakfasts, lunches, and snacks are provided to the children from late august through may. 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.prevention initiative 0-3 program provided similar services as the early headstart program. Pi served 12 families with like services. In fy20 ivedc served 216 children, made 632 home visits and 14% of children moved from below level to meet/exceed levels on early learning skills. The area of the most growth were mathematics (20%) and language (19%).

Form 990s for IVEDC

Fiscal year endingDate received by IRSFormPDF link
2020-062021-04-06990View PDF
2019-062020-02-18990View PDF
2018-062019-03-15990View PDF
2017-062018-03-14990View PDF
2016-062017-04-18990View PDF
...and 6 more Form 990s

Who funds Illinois Valley Economic Development Corporation (IVEDC)

Federal funding details
Federal agencyProgram nameAmount
Department of Health and Human ServicesHEAD START$2,195,995
 View purchase options██-███ ██ ███ █████$░,░░░,░░░
 View purchase options████ ████ █ ███ █ █████ ██ ██████$░░░,░░░
...and 17 more federal grants / contracts

Financials for IVEDC

RevenuesFYE 06/2020
Total grants, contributions, etc.$7,336,552
Program services$1,598,522
Investment income and dividends$43,527
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$48,441
Total revenues$9,027,042

Personnel at IVEDC

NameTitleCompensation
Lynn PetrelliChief Financial Officer$66,923
Michael J KellyExecutive Director$60,455
Tracey KreipePast Executive Director$75,556
 View purchase optionsSecretary$0
 View purchase optionsChair$0
...and 5 more key personnel

Organizations like IVEDC

OrganizationLocationRevenue
Lincoln Hills Development Corporation (LHDC)Tell City, IN$11,217,612
LTSC Cdclittle Tokyo Service Center (LTSC CDC)Los Angeles, CA$15,491,804
Community Action Development CorporationFrederick, OK$9,258,103
Hoosier Uplands Economic Development CorporationMitchell, IN$19,367,938
CommUnifyGoleta, CA$22,474,923
Ashtabula County Community Action AgencyAshtabula, OH$10,425,436
Community Action Agency of Central AlabamaWetumpka, AL$7,587,152
Midcoast Maine Community ActionBath, ME$5,773,303
Community Action Planning Council of Jefferson County (CAPC)Watertown, NY$7,237,910
Jackson County Civic Action Committee (JCCAC)Moss Point, MS$9,681,617
Community Action of Southern KentuckyBowling Green, KY$14,086,184
Highland County Community Action Organization (HCCAO)Hillsboro, OH$7,937,070
Washington-Morgan Community ActionMarietta, OH$11,419,339
WOMEN'S Housing and Economic Development Corporation (WHEDco)Bronx, NY$21,108,224
Community Action Partnership of Mid-NebraskaKearney, NE$11,059,333
Mid Florida Community Services (MFCS)Brooksville, FL$32,979,658
Maryland Rural Development CorporationAnnapolis, MD$6,896,335
Training, Education, and Manpower (TEAM)Derby, CT$18,311,000
Southern New Hampshire Service (SNHS)Manchester, NH$38,734,152
Kno-Ho-CoCoshocton, OH$11,964,174
Chippewa-Luce-Mackinac Community Action Human Resource AuthoritySault Sainte Marie, MI$9,155,237
Anoka County Community Action Program (ACCAP)Blaine, MN$18,589,572
Southwestern Community Services (SCS)Keene, NH$13,908,159
Allegany County Human Resources Development Commission (HRDC)Cumberland, MD$12,479,246
Community Action Akron SummitAkron, OH$19,651,573
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$9,027,042
2020
Yearly growth
1.4%
% of revenues
n/a
Total expenses
$8,800,561
2020
Yearly growth
1.2%
% of expenses
n/a
Total assets
$9,647,456
2020
Yearly growth
15.7%
% of assets
n/a
Num. employees
316
2020
Yearly growth
3.3%
% of total
n/a
General information
Address
223 South Macoupin
Gillespie, IL 62033
Metro area
St. Louis, MO-IL
County
Macoupin County, IL
Website URL
ilvalley-edc.org/ 
Phone
(217) 839-4431
Facebook page
IllinoisValleyEDC 
IRS details
EIN
37-6059503
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1966
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent