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Regional Economic Development Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 371386985 ✦ Marion, IL ✦ Designated as a 501(c)(3)

Overview

What is Regional Economic Development Corp?

The Regional Economic Development Corp, based in Southern Illinois, is a dedicated nonprofit organization. Its primary objective is to foster economic growth in the region. They achieve this by creating and implementing programs that support their mission. The organization's activities are geared towards promoting economic viability in Southern Illinois, thereby contributing to its overall development.


Official website here: www.redco.org

Is Regional Economic Development Corp legitimate?

Regional Economic Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regional Economic Development Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.redco.org

What is the mission statement of Regional Economic Development Corp?

The Regional Economic Development Corporation, in its mission, works towards enhancing the economic strength of Southern Illinois. This is achieved by creating and implementing various development programs, with the primary objective of fostering the region's economic viability. The corporation's activities are geared towards promoting economic growth and stability within the region, thereby contributing to its overall development.


Official website here: www.redco.org

Who is the CEO of Regional Economic Development Corp?

Frank Colombo is the President of Regional Economic Development Corp.


Official website here: www.redco.org

What is the revenue of Regional Economic Development Corp?

Regional Economic Development Corp's revenue in 2023 was $985,503.


Official website here: www.redco.org

Who are the executives of Regional Economic Development Corp and what are their salaries?

Here are 21 key members and their salaries:

    Travis Emery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dutch Doelitzsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gail Lannom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Clarida (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney Cabaness (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Diederich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brad Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Absher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Marlo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Cox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cary Minnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Tapani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Frattini (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Monchino (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Ziegler (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Mees (Vice President - Internal)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marlene Simpson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Kimmel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Colombo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl Goodwin (Vice President - External)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.redco.org

    Where can I find the form 990 for Regional Economic Development Corp?

    The Regional Economic Development Corp’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.redco.org

    Learn more at the official website: www.redco.org

    Mission Statement of Regional Economic Development Corp

    The Regional Economic Development Corp, a nonprofit organization, is dedicated to promoting the economic well-being of Southern Illinois. It achieves this goal by developing and implementing various programs that aim to enhance the region's economic viability. The organization's mission is to foster growth and development in Southern Illinois, contributing to a stronger and more prosperous economic landscape. By investing in programs that support this mission, the Regional Economic Development Corp plays a vital role in driving economic progress in the region.

    Impact

    This information is meant to be a general summary of Regional Economic Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Regional Economic Development Corp's impact can be seen through its efforts to promote the economic viability of Southern Illinois. Through the development of programs designed to further this mission, the organization plays a vital role in enhancing the region's economic prosperity and overall well-being. The initiatives undertaken by Regional Economic Development Corp contribute to community improvement and help create a more sustainable and thriving local economy in Marion, Illinois.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $742,903
  • Program Service Revenue: $0
  • Gross Receipts: $1,205,227

    • Assets and Liabilities:
  • Total Assets: $3,377,912
  • Total Liabilities: $243,523
  • Net Assets: $3,134,389
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Frank Colombo

    Main Address

    2305 W MAIN STREET, MARION, IL, 62959

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Regional Economic Development Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.