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Organizations Community Improvement & Capacity Building Illinois Business and Economic Development Corp. Dba Intersect Illinois

Illinois Business and Economic Development Corp. Dba Intersect Illinois

Fiscal year ending 2024. Filed on November 14, 2024.

230 W Monroe Street 330
Chicago, Illinois 60606

Illinois Business and Economic Development Corp. Dba Intersect Illinois (EIN: 81-1265157) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Illinois Business and Economic Development Corp. Dba Intersect Illinois, a 501(c)(3) charitable organization, reported compensation for 6 out of 20 total employees. Among the employees shown here, the average compensation is $186,494. The highest compensated employee at Illinois Business and Economic Development Corp. Dba Intersect Illinois is Dan Seals with fiscal year 2024 compensation of $413,400. Illinois Business and Economic Development Corp. Dba Intersect Illinois changed its name from Illinois Business and Economic Development Corporation in 2017.

Revenue, expenses, and employee compensation

Revenue

$7,343,561

Expenses

$6,500,889

Employee compensation

$2,167,410
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dan Seals
Former President and CEO
$413,400
$413,400 No related compNo other comp
Robert Stephan
Vice President of Downstat
$176,171
$176,171 No related compNo other comp
Paulina san Millan
Senior Vice President of Business Development
$151,211
$151,211 No related compNo other comp
Kaitlyn McDermott
Vice President of Admin an
$139,806
$139,806 No related compNo other comp
Karley Sweet
Senior Director of Marketi
$125,924
$125,924 No related compNo other comp
Rody Abdelrahman
Senior Director of Marketing
$112,454
$112,454 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bill Mastoris
Director
Bob Sehring
Director
Brad Henderson
Director
Brett Hart
Director
Brian D Wolfe
Director
Carmen Rossi
Director
Chip Jorstad
Director
Chris Smith
Director
Curt Bailey
Director
Dan Mahoney
Director
David Boulay
Director
David Reifman
Director

Mission Statement

TO BRING NEW JOBS, INVESTMENT AND ECONOMIC PROSPERITY TO THE STATE OF ILLINOIS THROUGH DYNAMIC PARTNERSHIPS AND COLLABORATIONS WITH COMPANIES, UNIVERSITIES, NON-FOR-PROFIT ORGANIZATIONS AND THE GOVERNMENT TO DELIVER A UNIFIED APPROACH TO ECONOMIC DEVELOPMENT.

Revisions to this organization profile

November 14, 2024:
2024 Illinois Business and Economic Development Corp. Dba Intersect Illinois 990 filed
November 14, 2023:
2023 Illinois Business and Economic Development Corp. Dba Intersect Illinois 990 filed
February 7, 2023:
2022 Illinois Business and Economic Development Corp. Dba Intersect Illinois 990 filed

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