2026-04-09T17:09:07-05:00 2025-06-30 363168081 SIKICH LLC 3051 HOLLIS DRIVE 3RD FLOOR SPRINGFIELD IL 62704 990 2024-07-01 376059503 ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION ILLI 2178394431 223 SOUTH MACOUPIN GILLESPIE IL 62033 STEPHANIE STAHLHUT EXECUTIVE DIRECTOR 2178394431 2026-04-05 1 1 AMANDA WHITE P01790293 2177933363 2026-03-31 2024 2025-03-06 01:10:19Z STEPHANIE STAHLHUT 223 SOUTH MACOUPIN GILLESPIE IL 62033 13511332 0 X HTTP://ILVALLEY-EDC.ORG/ X 1966 IL IVEDC RUNS PROGRAMS TO ASSIST LOW-INCOME, DISABLED, ELDERLY, AND INDIVIDUALS AND FAMILIES IN NEED. 21 21 277 191 0 0 9744226 10612182 3109434 2677335 52298 97448 34558 103913 12940516 13490878 4293878 3714339 0 0 6003393 5955790 0 0 0 2048277 2250070 12345548 11920199 594968 1570679 11582215 13108858 1711372 1672627 9870843 11436231 X ILLINOIS VALLEY ECONOMIC DEVELOPMENT CORPORATION 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. IVEDC ACTS TO RECEIVE, PLAN, COORDINATE, AND ADMINISTER FEDERAL, STATE, LOCAL AND PRIVATE RESOURCES TOWARDS EDUCATION, EMPLOYMENT AND TRAINING, HOUSING, ENERGY, FOOD AND NUTRITION, DEVELOPMENTAL TRAINING, TRANSPORTATION, RESOURCE COORDINATION, AND OTHER SUCH RELATED NEEDS. IVEDC SHALL BE A CATALYST AND ADVOCATE FOR THE INTEREST OF ITS CLIENTS IN ORDER TO IMPROVE LIVES AND ENRICH COMMUNITIES. 0 0 3666248 2895354 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 FY25 PROGRAM YEAR, THE AGENCY PROVIDED 3,298 HOUSEHOLDS WITH UTILITY ASSISTANCE, OVER 926 HOUSEHOLDS WITH FUNDS FOR EMERGENCY RECONNECTION, AND APPROXIMATELY 34 HOUSEHOLDS WITH FURNACE REPAIR OR REPLACEMENT. FOR FY25, THE PERCENTAGE OF INCOME PAYMENT PROGRAM (PIPP) PROVIDED UTILITY ASSISTANCE TO APPROXIMATELY 266 HOUSEHOLDS. 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. IVEDC RUNS A CREW BASED PROGRAM FOR ARCHITECTURAL AND A CONTRACTOR BASED PROGRAM FOR HVAC. USING THIS HYBRID APPROACH, 28 HOMES WERE WEATHERIZED IN FY25. 2450545 1799 EARLY CHILDHOOD PROGRAMS - 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 210 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. 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. IN FY25 IVEDC SERVED 136 CHILDREN. CHILDREN WERE ASSESSED USING TEACHING STRATEGIES GOLD AND MET OR EXCEEDED OBJECTIVES IN SOCIAL EMOTIONAL, PHYSICAL, LANGUAGE, COGNITIVE, LITERACY AND MATHEMATICS. PREVENTION INITIATIVE 0-3 PROGRAM PROVIDED SIMILAR SERVICES AS THE EARLY HEADSTART PROGRAM. PI SERVED 12 FAMILIES WITH LIKE SERVICES. 1683084 65 2145092 COMMUNITY DAY SERVICE PROGRAMS - IVEDC OPERATES TWO CDS PROGRAMS IN JERSEY AND MACOUPIN COUNTIES, WHICH PROVIDE A FULL RANGE OF 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, 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 101 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. 257996 110667 THE COMMUNITY SERVICES BLOCK GRANT (CSBG) IS THE CORNERSTONE OF A COMMUNITY ACTION AGENCY. SERVICES ARE DESIGNED BY THE AGENCY TO MEET THE NEEDS OF OUR CLIENTS AND INCLUDE EMERGENCY SERVICE, HOUSING AND EMPLOYMENT ASSISTANCE, CASE MANAGEMENT, EDUCATIONAL SCHOLARSHIPS, AND SUPPORT OTHER AGENCY ACTIVITIES. WE HAVE EMPHASIZED JOB CREATION WITH OUR SERVICES PROVIDING ASSISTANCE WITH SHORT-TERM TRAINING AND JOB SEARCH. THE AGENCY NETWORKS WITH THE SOCIAL SERVICE AGENCIES SUCH AS UNITED WAY AND IL DEPT OF HUMAN SERVICES AND ADMINISTERS OTHER EMERGENCY ASSISTANCE FUNDS UTILIZING CSBG RESOURCES FOR ADMINISTRATIVE COSTS AND STAFF TIME. OVER 1,205 DIRECT SERVICES WERE PROVIDED TO INDIVIDUALS AND FAMILIES INCLUDING CARDBOARD RECYCLING AND PRODUCTION/SALE OF CRAFTS BY DEVELOPMENTALLY DISABLED ADULTS WERE FINANCIALLY ASSISTED. 1387187 395175 454788 SENIOR MEALS SERVED IN FY25 CONSISTED OF CONGREGATE MEALS 4,570; HOME-DELIVERED MEALS 89,339 THIS IS AN OVERALL INCREASE FROM FY24 BY 11,014 UNITS 114236 25257 3000 SENIOR IN-HOME CARE SERVICES WERE PROVIDED TO OVER 50 ELDERLY AVERAGING1300 HOURS OF SERVICE PER MONTH. SERVICES INCLUDE ASSISTING WITHSELF-ADMINISTERED MEDICATION, ASSISTING WITH BATHING, DRESSING,SHAVING, AS WELL AS HELPING WITH DAILY LIVING CHORES SUCH AS LIGHTHOUSEKEEPING, LAUNDRY, SHOPPING, COOKING ECT. BOTH THE SENIOR IN-HOMECARE AND SENIOR NUTRITION PROGRAMS MAINTAIN, STRENGTHEN, AND SAFEGUARDOUR SENIORS IN THEIR OWN HOMES, ALLOWING SENIORS TO REMAIN IN THEIRHOMES INTO THEIR ADVANCED YEARS. 350546 286022 103913 IVEDC'S HOUSING PROGRAMS CONSIST OF HUD, EMERGENCY SOLUTIONS, AND IDHSHOMELESS PREVENTION GRANTS. THESE GRANTS HAVE ENABLED IVEDC TO ASSIST,SUPPORT AND EDUCATE OVER 142 INDIVIDUALS WHO ARE IN A HOUSING CRISIS.SERVICES PROVIDED INCLUDE CASE MANAGEMENT, MORTGAGE/RENTAL ASSISTANCEAND ALSO REFERRALS TO OTHER PROGRAMS INTERNALLY AND THROUGH OURCOMMUNITY PARTNERS. 671106 74455 TRI COUNTY RURAL TRANSIT (TCRT) PUBLIC TRANSPORTATION, A MEDICAID APPROVED PROVIDER FOR NON-EMERGENCY TRANSPORT. TCRT IS A DOOR-TO-DOOR DEMAND RESPONSE DEVIATED ROUTE SERVICE THAT PROVIDES AFFORDABLE AND ACCESSIBLE TRANSPORATION TO THE RESIDENTS OF GREENE, JERSEY, ANDCALHOUN COUNTIES. BY PARTNERING WITH SURROUNDING AREA TRANSPORTATION PROVIDERS, IVEDC PROMOTES INDEPENDENCE AND SELF-SUFFICIENCY TO COMMUNITY RESIDENTS. TCRT PROVIDES TRANSPORTATION IN ITS SERVICE AREA FOR THE GENERAL PUBLIC, SENIOR CITIZENS, AND DISABLED INDIVIDUALS. FARE SCHEDULE IS SUGGESTED FOR ALL PASSENGERS UP TO 60+ YEARS OF AGE.DONATIONS IN ANY AMOUNT BY SENIORS ARE ACCEPTED. IN FY25, 27,332 RIDES AND 342,224 SERVICE MILES DRIVEN WERE PROVIDED BY TCRT ACROSS THE SERVCIE AREA AND NEIGHBORING COMMUNITIES. TCRT IS VITAL IN ASSISTING WITH TRANSPORT TO MEDICAL APPOINTMENTS, EDUCATION, SHOPPING (GROCERY AND OTHER), EMPLOYMENT, RECREATION AND CONTRACT. 2781071 817121 636156 10580948 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 8 0 277 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X LYNN PETRELLI 2178394431 223 SOUTH MACOUPIN GILLESPIE IL 62033 LINDA DAVIDSON BOARD CHAIR 2.00 X X 0 0 0 BECKY SHIPLEY VICE BOARD CHAIR 2.00 X X 0 0 0 JOYCE CLARK TREASURER 2.00 X X 0 0 0 SHAWNA POE SECRETARY 2.00 X X 0 0 0 JACOB COPPLE DIRECTOR 2.00 X 0 0 0 DANA YOWELL DIRECTOR 2.00 X 0 0 0 LARRY SCHMIDT DIRECTOR 2.00 X 0 0 0 CAROL SCHAFFNER DIRECTOR 2.00 X 0 0 0 CINDY COFFMAN DIRECTOR 2.00 X 0 0 0 SARAH WORKMAN DIRECTOR 2.00 X 0 0 0 RICHARD LOTT DIRECTOR 2.00 X 0 0 0 GARY KRUEGER DIRECTOR 2.00 X 0 0 0 LYNN ROBINSON DIRECTOR 2.00 X 0 0 0 KATHY ROGERS DIRECTOR 2.00 X 0 0 0 BETH TRIPLETT DIRECTOR 2.00 X 0 0 0 AMBER NASH DIRECTOR 2.00 X 0 0 0 KATIE ABBEY DIRECTOR 2.00 X 0 0 0 LISA SMITH DIRECTOR 2.00 X 0 0 0 ANGELA ALLEN DIRECTOR 2.00 X 0 0 0 SANDY TEICHMANN DIRECTOR 2.00 X 0 0 0 JESSICA BAZE DIRECTOR 2.00 X 0 0 0 LYNN PETRELLI CFO 40.00 X 92970 0 16710 STEPHANIE STAHLHUT EXECUTIVE DIRECTOR 40.00 X 96196 0 15281 189166 0 31991 0 0 0 0 JUN CONSTRUCTION 15209 US HIGHWAY 67 GODFREY IL 62035 CONSTRUCTION 272043 HVAC MEDIC LLC 300 PUTNAM ST MT OLIVE IL 62069 HVAC FOR WEATHERIZATION 170261 2 9227212 1384970 1063866 10612182 SERVICE REVENUE 624100 2677335 2677335 2677335 117902 117902 20454 -20454 -20454 -20454 MISCELLANEOUS 624100 103913 103913 103913 13490878 2781248 0 97448 3714339 3714339 353104 353104 5011647 4492768 518879 220285 184480 35805 370754 310492 60262 233621 132099 101522 576024 508648 67376 261191 227734 33457 130547 123990 6557 98959 85020 13939 244141 216864 27277 241778 159209 82569 TRANSPORTATION 334440 332511 1929 DUES AND SUBSCRIPTIONS 82638 54228 28410 REPAIRS AND MAINTENANCE 28615 27226 1389 OTHER COSTS 16589 9956 6633 1527 1384 143 11920199 10580948 1339251 0 5722326 5757829 2550480 2668382 1096134 1198414 8322 30349 6759816 3888291 1598918 2871525 606035 582359 11582215 13108858 1082258 1044087 18585 34374 610529 594166 1711372 1672627 X 8102116 9667504 1768727 1768727 9870843 11436231 11582215 13108858 1570679 -5291 0 X 0 1 X 1 1 1 X 9932561 10133063 11602152 9744226 10612182 52024184 56515 56515 9932561 10133063 11602152 9744226 10668697 52080699 52080699 40063 22046 20951 52298 117902 253260 102941 41385 23537 34558 103913 306334 52640293 13554516 0.98940 0.99130 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 102,941. 2021 AMOUNT: $ 41,385. 2022 AMOUNT: $ 23,537. 2023 AMOUNT: $ 34,558. 2024 AMOUNT: $ 103,913. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 233538 233538 2742850 1370478 1372372 3783428 2517813 1265615 2871525 CURRENT OPERATING LEASE LIABILITY 594166 594166 X 13547393 56515 56515 13490878 0 13490878 11976714 56515 56515 11920199 0 11920199 PART X, LINE 2: THE AGENCY, AS A NOT-FOR-PROFIT ORGANIZATION, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS OF STATE TAX CODES. IN ADDITION, THE AGENCY QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE AGENCY EVALUATES ITS UNCERTAIN TAX POSITIONS ON AN ANNUAL BASIS, AND THERE HAVE BEEN NO RECORDED UNCERTAIN TAX POSITIONS RECORDED IN 2025, 2024, OR 2023. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE AGENCY FILES VARIOUS FEDERAL OR STATE NON-PROFIT TAX RETURNS. THE AGENCY IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR TAX YEARS PRIOR TO 2022. 1 LIHEAP GRANT 4524 2702711 FMV WEATHERIZATION 28 192643 FMV CSBG GRANT 1205 110667 FMV HUD GRANTS 10 56556 FMV HEAD START 167 1799 FMV OTHER DIRECT ASSISTANCE 515 649963 FMV PART I, LINE 2: ALL RECIPIENTS ARE REQUIRED TO BE DETERMINED ELIGIBLE UNDER FEDERAL PROGRAM POVERTY GUIDELINES. THE FEDERAL FUNDING SOURCE HAS ACCESS TO AND APPROVES ELIGIBILITY FOR ALL RECIPIENTS. IN ADDITION, THE FUNDING SOURCE PERFORMS ANNUAL MONITORING VISITS FOR EACH PROGRAM. X 9 1051805 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND FORM 990 ARE COMPLETED BY THE AUDIT FIRM AND DISCUSSED WITH THE GOVERNING BOARD'S FINANCE/AUDIT COMMITTEE. THAT COMMITTEE THEN PRESENTS THE FORM 990 AND AUDIT TO THE GOVERNING BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY GOVERNING BOARD MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT WHICH REQUIRES THEM TO DISCLOSE ANY CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 IVEDC HAS DEVELOPED A POLICY FOR DETERMINING COMPENSATION. UTILIZING THIS POLICY AS A GUIDELINE, THE PERSONNEL COMMITTEE OF THE GOVERNING BOARD MEETS ANNUALLY TO DISCUSS SALARY INCREASES FOR ALL EMPLOYEES OF THE CORPORATION. SALARY INCREASES ARE APPROVED BY THE GOVERNING BOARD. MINUTES OF MEETING AND ACTIONS TAKEN ARE MAINTAINED. FORM 990, PART VI, SECTION C, LINE 18 THE AGENCY'S FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 THE AGENCY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THESE DOCUMENTS ARE AVAILABLE TO GOVERNING BOARD MEMBERS, REGULATORY AGENCIES, AND FUNDING ENTITIES AS REQUIRED BY LAW.