Downers Grove Economic Development Corporation

Fiscal year ending 2024. Filed on July 3, 2025.

5159 Mochel Drive
Downers Grove, Illinois 60515

Downers Grove Economic Development Corporation (EIN: 87-0772222) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Downers Grove Economic Development Corporation, a 501(c)(6) business league, reported compensation for 1 out of 3 total employees. Among the employees shown here, the average compensation is $167,723. The highest compensated employee at Downers Grove Economic Development Corporation is Bryan Gay with fiscal year 2024 compensation of $167,723.

Revenue, expenses, and employee compensation

Revenue

$719,538

Expenses

$693,950

Employee compensation

$414,718
Revenue, expenses, and employee compensation over time

Mission Statement

TO ENHANCE THE ECONOMIC VITALITY OF THE VILLAGE OF DOWNERS GROVE THROUGH THE RETENTION, EXPANSION, AND ATTRACTION OF BUSINESS THAT IS CONDUCIVE TO IMPROVING THE QUALITY OF LIFE IN DOWNERS GROVE.

Revisions to this organization profile

July 3, 2025:
2024 Downers Grove Economic Development Corporation 990 filed
September 9, 2024:
2023 Downers Grove Economic Development Corporation 990 filed
October 25, 2023:
2022 Downers Grove Economic Development Corporation 990 filed

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