Public Charity

Kankakee County Economic Development Association

Based in Kankakee, IL, Kankakee County Economic Development Association operates as a Public Charity. The organization reported $891K in revenue, $847K in expenses, $1.5M in total assets for fiscal year 2025. Imperigo tracks 10 reported grants from this foundation totaling approximately $2.3M.

EIN: 363316264 Kankakee, IL Latest filing: 2025
Total Revenue$891K
Total Expenses$847K
Total Assets$1.5M
Grants Given10
Grant Total$2.3M
Filing Years2021–2025

Mission

Promotes industrial and commercial development through management of an industrial rental facility.

Where $100 goes at Kankakee County Economic Development Association

How Kankakee County Economic Development Association divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$51
Promotion and assistance with economic development in the leasing of real estate in Kankakee County
53% of program spending
$47
Efforts to improve the economic climate of Kankakee County
47% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

Kankakee, IL · 2024
Support economic development activity in Kankakee County
$237,000
Aroma Park, IL · 2024
Improve employment and activity
$156,136
Kankakee, IL · 2023
Support economic development activity in Kankakee County
$237,000
Kankakee, IL · 2022
Support economic development activity in Kankakee County
$237,000
Kankakee, IL · 2021
Support economic development activity in Kankakee County
$237,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

Secretary Jeff Bennett
Chairman Jeff Hammes
Chairman Michael Boyd
Treasurer Michael O'gorman
Chairman Phillip Kambic

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$2,289,136 10 grants

Financial Trends

Year Revenue Expenses Assets
2025 $891K $847K $1.5M
2024 $867K $807K $1.5M
2023 $915K $816K $1.5M
2022 $771K $786K $818K
2021 $758K $649K $824K

Between 2021 and 2025, reported annual revenue grew from $758K to $891K (+18%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for Kankakee County Economic Development Association

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