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EIN 26-3508977

Area Economic Alliance

IRS 501(c) type
501(c)(3)
Num. employees
0
City
MT Carmel
State
Illinois
Year formed
1964
Most recent tax filings
2023-12-01
NTEE code, primary
S30: Economic Development
Description
To create a vision for our Economic Development efforts. To create a vision to the community. To create a vision for Economic Development efforts.
Also known as...
Mount Carmel Area Industrial Development Committee
Total revenues
$129,780
2023
Total expenses
$121,899
2023
Total assets
$481,591
2023
Num. employees
0
2023

Program areas at Area Economic Alliance

Ceo program providing entreprenurial education, experience and training to local Area high school and junior college students in collaboration with local educational institutions. Per year 10-20 students benefit from the instruction and program.

Who funds Area Economic Alliance

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
John and Wilma Bolden Trust XXX-XX-XXXXProgram Support$20,000
The Wolfe Foundation Of Edwards CountyCharitable$2,000

Personnel at Area Economic Alliance

NameTitleCompensation
Kenneth CNewman$36,000
Ryan L MastersonTreasurer$0
David JamesVice Chairman$0
Kenneth C NewmanPresident$39,600
Donald W PricePast - Chairman$0
...and 9 more key personnel

Financials for Area Economic Alliance

RevenuesFYE 12/2023
Total grants, contributions, etc.$125,738
Program services$0
Investment income and dividends$4,042
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$0
Total revenues$129,780

Form 990s for Area Economic Alliance

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-30990View PDF
2022-122023-02-21990View PDF
2021-122022-02-21990View PDF
2020-122021-05-20990View PDF
2019-122020-09-04990View PDF
...and 7 more Form 990s
Data update history
July 19, 2024
Updated personnel
Identified 1 new personnel
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Received grants
Identified 1 new grant, including a grant for $2,000 from The Wolfe Foundation Of Edwards County
June 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 17, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 41
MT Carmel, IL 62863
County
Wabash County, IL
Website URL
mcaea.com/ 
Phone
(618) 262-5446
IRS details
EIN
26-3508977
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1964
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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