Nonprofit · EIN 36-3316264
KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL
Tax-exempt · KANKAKEE, IL 60901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $891,026 | $846,807 | $44,219 | $1,490,746 | $542,065 | $948,681 |
| June 30, 2024 | 990 | $866,838 | $806,645 | $60,193 | $1,522,540 | $618,078 | $904,462 |
| June 30, 2023 | 990 | $914,864 | $816,402 | $98,462 | $1,526,944 | $682,675 | $844,269 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $866,264
- Investment income
- $24,762
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $393,136
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,645
- Accounting fees
- $15,210
- Depreciation
- $5,761
- Program services (functional)
- $831,987
- Management and general (functional)
- $14,820
Balance sheet and other
- Total assets, start of year
- $1,522,540
- Total assets, end of year
- $1,490,746
- Total liabilities, end of year
- $542,065
- Net assets, end of year
- $948,681
- Land, buildings and equipment
- $25,880
- Net assets without donor restrictions
- $948,681
- Gross receipts
- $891,026
- Employees
- 0
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael O'Gorman | Treasurer Trustee or director, Officer | 7 | $0 |
| Michael Boyd | Chairman Trustee or director, Officer | 1 | $0 |
| Phillip Kambic | Chairman Trustee or director | 1 | $0 |
| Jeff Hammes | Chairman Trustee or director, Officer | 1 | $0 |
| Jeff Bennett | Secretary Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Pat Martin | Director Trustee or director | 1 | $0 |
| Michael O'Gorman | Treasurer Trustee or director, Officer | 7 | $0 |
| Andy Wheeler | Secretary Trustee or director | 1 | $0 |
| Michael Boyd | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Phillip Kambic | Chairman Trustee or director | 1 | $0 |
| Jeff Hammes | Chairman Trustee or director, Officer | 1 | $0 |
| Jeff Bennett | Director Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Scott Franco | Director Trustee or director | 1 | $0 |
| Pat Martin | Director Trustee or director | 1 | $0 |
| Michael O'Gorman | Treasurer Trustee or director, Officer | 7 | $0 |
| Andy Wheeler | Director Trustee or director | 1 | $0 |
| Michael Boyd | Director Trustee or director | 1 | $0 |
| Phillip Kambic | Chairman Trustee or director | 1 | $0 |
| Chris Shride | Director Trustee or director | 1 | $0 |
| Jeff Hammes | Chairman Trustee or director, Officer | 1 | $0 |
| Jeff Bennett | Director Trustee or director | 1 | $0 |
| Tim Nugent | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 200 E COURT ST STE 507, KANKAKEE, IL 60901-3869
- Signed the 990
- Michael O'Gorman, Treasurer
- Phone
- (815) 935-8000
- Return prepared by
- BORSCHNACK PELLETIER & CO
Mission
Promotes industrial and commercial development through management of an industrial rental facility.
Program accomplishments
- Promotion and assistance with economic development in the leasing of real estate in Kankakee County.Expenses $437,038
- Efforts to improve the economic climate of Kankakee County.Expenses $394,949 · grants $393,136
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 36-3316264
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,490,746
- Income (IRS master file)
- $891,026
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $891,026 | $846,807 | $1,490,746 | XML |
| 990 | June 2024 | $866,838 | $806,645 | $1,522,540 | XML |
| 990 | June 2023 | $914,864 | $816,402 | $1,526,944 | XML |
| 990 | June 2022 | $771,305 | $785,532 | $817,904 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 36-3316264).
Questions about KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL
- What is the EIN of KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL?
- The employer identification number (EIN) of KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL is 36-3316264.
- Is KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1985.
- Are donations to KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL 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 KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who are the officers and directors of KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does KANKAKEE COUNTY ECONOMIC DEVELOPMENT COUNCIL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $891,026, expenses of $846,807 and total assets of $1,490,746 at year end.
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- RIVERSIDE SENIOR LIVING CENTER EIN 36-3670744 · last filed 990 for 2024
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- KANKAKEE COUNTY COMMUNITY SERVICES INC EIN 36-3478633 · last filed 990 for 2024
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- YOUNG MENS CHRISTIAN ASSOCIATION OF KANKAKEE ILL EIN 36-2169198 · last filed 990 for 2024
- KANKAKEE COUNTY COALITION AGAINST DOMESTIC VIOLENCE EIN 36-3100202 · last filed 990 for 2025
- KANKAKEE COUNTRY CLUB EIN 36-1304015 · last filed 990 for 2025