Mattoon Area Industrial Development
TO ENCOURAGE, PROMOTE, AID AND ASSIST THE INDUSTRIAL AND COMMERCIAL ECONOMIC WELFARE AND GROWTH OF THE CITY OF MATTOON, ILLINOIS AND OF THE INDUSTRIES AND BUSINESSES LOCATED IN THE CITY OF MATTOON.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$850K
Grant Count
6
Avg Grant Size
$142K
About Mattoon Area Industrial Development
Based on IRS filings
Mattoon Area Industrial Development is a nonprofit organization, based in MATTOON, IL. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $850K. Net investment income was $17K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $833,698 | $822,867 |
| Revenue | $16,685 | $12,400 | $165,474 |
| Expenses | $850,383 | $1,569 | $1,395 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,685 | $12,400 | $148,377 |
| 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 6 recipients in 2023
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ED DOWD | SECRETARY | 1 | — |
| ALEX HAGEN | TREASURER | 1 | — |
| AL VOLK | DIRECTOR | 1 | — |
| JOHN HEDGES | DIRECTOR | 1 | — |
| PRESTON SMITH | DIRECTOR | 1 | — |
| BOB GRIERSON | DIRECTOR | 1 | — |
| MATTHEW SMITH | PRESIDENT | 1 | — |
| RICK HALL | DIRECTOR | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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