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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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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 2021. Filed on December 14, 2021.

230 W Monroe Street No 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 2021 IRS Form 990 filing, Illinois Business and Economic Development Corp. Dba Intersect Illinois, a 501(c)(3) charitable organization, reported compensation for 3 out of 13 total employees. Among the employees shown here, the average compensation is $153,750. The highest compensated employee at Illinois Business and Economic Development Corp. Dba Intersect Illinois is Alya Woods with fiscal year 2021 compensation of $165,000. 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

$1,743,434

Expenses

$1,467,235

Employee compensation

$840,877
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Alya Woods
Prior COO
$165,000
$165,000 No related compNo other comp
Mark S Peterson
President and Chief Executive Officer
$142,500
$142,500 No related compNo other comp
Dan Seals
Current COO
$0

Benchmark Employee Compensation

Non-Employee Board Members

Bob Sehring
Director
Carmen Rossi
Director
Doug Oberhelman
Director
James C Leonard
Director
James F Wong
Director
James Reynolds Jr
Vice Chair
Juan R Luciano
Director
Margaret Hanley
Vice Chair
Matt Gambs
Secretary
Melissa Y Washington
Director
Richard J Mark
Director
Scott Santi
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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