Nonprofit · EIN 22-3872361
GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP
Tax-exempt · MORRIS, IL 60450
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $484,483 | $487,082 | -$2,599 | $560,992 | $44 | $560,948 |
| December 31, 2024 | 990 | $449,237 | $405,365 | $43,872 | $564,397 | $850 | $563,547 |
| December 31, 2023 | 990 | $466,293 | $392,438 | $73,855 | $520,401 | $0 | $520,401 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $361,572
- Membership dues
- $348,294
- Program service revenue
- $63,467
- Investment income
- $59,444
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $296,409
- Salaries, compensation and benefits (total)
- $356,951
- Professional fundraising fees
- $0
- Accounting fees
- $8,648
- Occupancy
- $20,120
- Travel
- $3,915
- Depreciation
- $1,989
- Program services (functional)
- $286,761
- Management and general (functional)
- $200,321
Balance sheet and other
- Total assets, start of year
- $564,397
- Total assets, end of year
- $560,992
- Total liabilities, end of year
- $44
- Net assets, end of year
- $560,948
- Land, buildings and equipment
- $10,304
- Net assets without donor restrictions
- $560,948
- Gross receipts
- $484,483
- Employees
- 4
- Year formed
- 2002
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN MCCANN | CHAIR Trustee or director | 0 | $0 |
| TOM DOHM | VICE CHAIR Trustee or director | 0 | $0 |
| TERRY KERNC | SEC/TREAS Trustee or director | 0 | $0 |
| MIKE WRIGHT | PAST CHAIR Trustee or director | 0 | $0 |
| JOHN ADLER | Director Trustee or director | 0 | $0 |
| DREW MUFFLER | Director Trustee or director | 0 | $0 |
| SUZY BROWN | Director Trustee or director | 0 | $0 |
| MIKE DONNELLY | Director Trustee or director | 0 | $0 |
| RYAN HANSEN | Director Trustee or director | 0 | $0 |
| BRETT MADISON | Director Trustee or director | 0 | $0 |
| SCOTT SHANNON | Director Trustee or director | 0 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRETT MADISON | Director Trustee or director | 0 | $0 |
| MATT REED | Director Trustee or director | 0 | $0 |
| JOHN ADLER | Director Trustee or director | 0 | $0 |
| CHRIS BALKEMA | Director Trustee or director | 0 | $0 |
| RYAN HANSEN | Director Trustee or director | 0 | $0 |
| PETE BRUMMEL | Director Trustee or director | 0 | $0 |
| MIKE WRIGHT | Chair Trustee or director | 0 | $0 |
| JOHN MCCANN | Vice Chair Trustee or director | 0 | $0 |
| SUZY BROWN | Director Trustee or director | 0 | $0 |
| TOM DOHM | Director Trustee or director | 0 | $0 |
| ANDY SCHWERHA | Director Officer | 0 | $0 |
| TERRY KERNC | Treas/Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRETT MADISON | Director Trustee or director | 0 | $0 |
| JOHN ADLER | Director Trustee or director | 0 | $0 |
| CHIRS BALKEMA | Director Trustee or director | 0 | $0 |
| RYAN HANSEN | Director Trustee or director | 0 | $0 |
| JOHN MCCANN | Director Trustee or director | 0 | $0 |
| PETE BRUMMEL | Chairman Trustee or director | 0 | $0 |
| MIKE WRIGHT | Vice President Trustee or director | 0 | $0 |
| SUZY BROWN | Director Trustee or director | 0 | $0 |
| TOM DOHM | Director Trustee or director | 0 | $0 |
| ANDY SCHWERHA | Director Officer | 0 | $0 |
| TERRY KERNC | Treas/Secretary Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 112 E WASHINGTON ST, MORRIS, IL 60450-2280
- In care of
- % NANCY NORTON AMMER
- Signed the 990
- NANCY NORTON, CEO
- Phone
- (815) 942-0163
- Website
- www.gedc.com
- Return prepared by
- MACK & ASSOCIATES PC
Mission
THE COUNCIL PROVIDES DEVELOPMENT FUNCTIONS WITHIN GRUNDY COUNTY.
Program accomplishments
- BUSINESS DEVELOPMENT: THE COUNCIL USES THIS PROGRAM FOR DIRECT EFFORTS OF BUSINESS ATTRACTION. THE COUNCIL WILL OVERSEE THE MARKETING, PROMOTION, INCENTIVES, AND BUSINESS ISSUES THAT IMPACT A SECCESSFUL ATTRACTION PROGRAM.Expenses $109,550
- COMMUNITY RELATIONS: THE COUNCIL USES THIS PROGRAM TO DISSEMINATE INFORMATION, SERVICES, AND ECONOMIC DEVELOPMENT OPPORTUNITIES AMONG ALL GRUNDY COUNTY COMMUNITIES AND RESIDENTS.Expenses $102,990
- GROWTH & EXPANSION: THE COUNCIL PLANS FOR ECONOMIC DEVELOPMENT WITH A FOCUS ON INDUSTRIAL RETENTION AND EXPANSION.Expenses $74,221
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3872361
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $560,992
- Income (IRS master file)
- $484,483
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $484,483 | $487,082 | $560,992 | XML |
| 990 | December 2024 | $449,237 | $405,365 | $564,397 | XML |
| 990 | December 2023 | $466,293 | $392,438 | $520,401 | XML |
| 990 | December 2022 | $362,312 | $352,576 | $501,002 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-3872361).
Questions about GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP
- What is the EIN of GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP?
- The employer identification number (EIN) of GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP is 22-3872361.
- Is GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6).
- Which annual return does GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does GRUNDY ECONOMIC DEVELOPMENT COUNCIL NFP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $484,483, expenses of $487,082 and total assets of $560,992 at year end.
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