Public Charity

MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE

MOUNT CARMEL AREA INDUSTRIAL DEVELOPMENT COMMITTEE, of MT CARMEL, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $230K in revenue, $171K in expenses, $659K in total assets.

EIN: 263508977 MT CARMEL, IL Rural Economic Development NTEE: S32 Latest filing: 2025
Total Revenue$230K
Total Expenses$171K
Total Assets$659K
Grant Records0
Filing Years2021–2025

Mission

TO CREATE A VISION FOR OUR ECONOMIC DEVELOPMENT EFFORTS. TO CREATE A VISION TO THE COMMUNITY.

Officers & Directors

SECRETARY Austin Ridgely
CHAIRMAN David James
VICE-CHAIRMAN Karissa Turner
PRESIDENT Kenneth C Newman
TREASURER Ryan L Masterson
PAST-CHAIRMAN Sheila Wallace

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $230K $171K $659K
2024 $234K $113K $603K
2023 $130K $122K $482K
2022 $138K $109K $472K
2021 $157K $86K $442K

Between 2021 and 2025, reported annual revenue grew from $157K to $230K (+46%), with total assets most recently reported at $659K.

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

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