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 focused on Economically disadvantaged people, 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

1states

States

Cities

Mattoon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$234K$468K$702K$935K2020202120222023
Metric202320222021
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

$0$213K$425K$638K$850K6 grants20200 grants20210 grants20226 grants2023

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2023

EMERALD ACRES SPORTS CON…$500KMATTOON IN MOTION HOUSIN…$80KMCUSD #2 LIFT EDUCATION …$80KBONNIE MOORE LAKE LAND C…$80KCOLES COUNTY AIRPORT AUT…$70KST JOHN'S LUTHERAN HIGH …$40K

Grant Size Distribution

12 grants across all recorded years

7<$50K4$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Emerald Acres Sports Connection ($500,000), Mattoon in Motion Housing Committee ($80,000), Mcusd #2 Lift Education Program ($80,000).

RecipientPurposeAmount
COLES COUNTY AIRPORT AUTHORITY MATTOON, ILFINANCIAL ASSISTANCE$70,000
EMERALD ACRES SPORTS CONNECTION MATTOON, ILFINANCIAL ASSISTANCE$500,000
MATTOON IN MOTION HOUSING COMMITTEE MATTOON, ILFINANCIAL ASSISTANCE$80,000
MCUSD #2 LIFT EDUCATION PROGRAM MATTOON, ILFINANCIAL ASSISTANCE$80,000
ST JOHN'S LUTHERAN HIGH SCHOOL MATTOON, ILFINANCIAL ASSISTANCE$40,000
BONNIE MOORE LAKE LAND COLLEGE CBI MATTOON, ILFINANCIAL ASSISTANCE$80,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

NameTitleHoursCompensation
ED DOWDSECRETARY1
ALEX HAGENTREASURER1
AL VOLKDIRECTOR1
JOHN HEDGESDIRECTOR1
PRESTON SMITHDIRECTOR1
BOB GRIERSONDIRECTOR1
MATTHEW SMITHPRESIDENT1
RICK HALLDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mattoon Area Industrial Development?

Mattoon Area Industrial Development is a nonprofit organization focused on Economically disadvantaged people, based in MATTOON, IL. It holds — in total assets as of 2023.

Where does Mattoon Area Industrial Development operate?

Mattoon Area Industrial Development has awarded grants in Illinois.

What size grants does Mattoon Area Industrial Development award?

In 2023, Mattoon Area Industrial Development awarded 6 grants totaling $850K — an average of about $142K per grant, based on its IRS Form 990 filings.

What is Mattoon Area Industrial Development's EIN?

Mattoon Area Industrial Development's EIN (Employer Identification Number) is 37-1206627. IRS Form 990 filing data is available on this page for 2020–2023.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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