Sullivan Chamber & Economic Development
Nonprofit profile at a glance
- EIN
- 370617848
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025, Form 990-EZ 2017
- Location
- Sullivan, IL, USA
- Phone
- 2177284223
- Rating confidence
- Limited
Reported finances
- Revenue
- $184,685
- Expenses
- $398,570
- Assets
- $157,261
- Liabilities
- $44,853
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- LINDA HUBER (PRESIDENT)
- JON SUMMERS (VICE PRESIDENT)
- LAURRIE MINOR (EXECUTIVE DIRECTOR)
Highest reported compensation
- LAURRIE MINOR (EXECUTIVE DIRECTOR): $104,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The sullivan chamber & economic development is organized to promote the business, economic and civic well being of the city of sullivan, so that the community may grow and prosper.
What it reported doing in 2025
Provide services to promote economic development and growth of the community.
Operating model
- Revenue model
- Donor-supported. 82% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 92
- Accountability: 84
- Sustainability: 10
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -115.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.29; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 26.2%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 6.4% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 13.2% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $104K · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 8 filing years from 2018 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 13/100.