To foster the long-term economic and workforce competitiveness of the state and nation by stimulating innovation and the development of new practices, products, services, and production practices and to operate exclusively for educational and charitable purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.5M
+18.7% YoY
Annual Giving
$6.0M
+4.3% YoY
Grant Count
8
-20.0% YoY
Avg Grant Size
$752K
+30.4% YoY
About Illinois Manufacturing Excellence Center
Based on IRS filings
Illinois Manufacturing Excellence Center is a nonprofit organization focused on Human Services, based in PEORIA, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.5M in total assets. In 2024, it awarded 8 grants totaling $6.0M. Net investment income was $278K.
Focus Areas
Ready to take the next step with Illinois Manufacturing Excellence Center?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,459,263 | $9,657,150 | $8,493,504 |
| Revenue | $17,029,628 | $13,667,518 | $12,151,075 |
| Expenses | $16,748,628 | $12,819,960 | $11,400,742 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $278,421 | $182,838 | $16,944 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
34 grants across all recorded years
Open Grants
4 open opportunities from Illinois Manufacturing Excellence Center
Extended Kane County Manufacturing Grant Program
ILLINOIS MANUFACTURING EXCELLENCE CENTER
Amount
Varies
Deadline
Rolling / Open
Made in Illinois
ILLINOIS MANUFACTURING EXCELLENCE CENTER
Amount
Varies
Deadline
Rolling / Open
Manufacturing Reinvented (Cook County)
ILLINOIS MANUFACTURING EXCELLENCE CENTER
Amount
Up to $25,000 per manufacturer
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Boulay | President | 40 | $336,007 |
| Marcia Ayala | Director | 0.7 | — |
| Robert Barnett | Director | 0.7 | — |
| David Carroll | Director | 0.7 | — |
| Pedro DeJesus | Director | 0.7 | — |
| David Fox | Director | 0.7 | — |
| Mike Loquercio | Director | 0.7 | — |
| Robert Herrmann | Director | 0.7 | — |
| Ashley Moy | Director | 0.7 | — |
| Caitlin Simhauser | Director | 0.7 | — |
| Jeff Taylor | Director | 0.7 | — |
| Craig Van den Avont | Past Chair | 0.7 | — |
| Karen Watson | Director | 0.7 | — |
| Ken Carlton | Director | 0.7 | — |
| Jim Nelson | Director | 0.7 | — |
| Mauro Frangipani | Director | 0.7 | — |
| Michele Drew Rodriguez | Chair | 0.8 | — |
| Scott Rempala | Finance Committee Chair | 0.8 | — |
| Margy Sweeney | Governance Committee Chair | 0.8 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Illinois Manufacturing Excellence Center on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities