2012-08-27T17:17:10-05:00 2011-12-31 FREIDAG ASSOCIATES INC CPAS STEWART CENTRE - 50 W DOUGLAS ST 4 FREEPORT IL 61032 990 2011-01-01 363280411 FREEPORT AREA ECONOMIC DEVELOPMENT FOUNDATION INC FREE 8152331350 27 W STEPHENSON ST FREEPORT IL 61032 MIKE CLARK 8152331350 2012-08-22 true DOUGLAS C FREIDAG 8152353950 2012-08-23 2011 2016-02-24 21:20:13Z NORTHWEST IL DEVELOPMENT ALLIANCE DOUGLAS C FREIDAG 50 W DOUGLAS STREET SUITE 400 FREEPORT IL 61032 297748 false X FREEPORT-IL-ECON-DEV.COM X 1984 IL TO PROMOTE ECONOMIC DEVELOPMENT IN NORTHWEST ILLINOIS. 13 13 2 40 0 186505 265752 0 35862 4147 9068 222367 278967 0 0 77579 162223 0 0 109327 85248 186906 247471 35461 31496 328419 373104 173513 186702 154906 186402 TO PROMOTE ECONOMIC DEVELOPMENT IN NORTHWEST ILLINOIS. false false 228594 ECONOMIC DEVELOPMENT 228594 true true false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 2 0 true 2 true false false false false false false X 13 13 true false false false false false false true true false false true true true true false true true true false IL X DOUGLAS C FREIDAG 8152331350 27 W STEPHENSON ST FREEPORT IL 61032 MARK WRIGHT 3.00 X 0 0 0 DAN FISHBURN 5.00 X X 0 0 0 JOHN BLUM 3.00 X 0 0 0 MIKE CLARK 5.00 X X 0 0 0 DOUG FREIDAG 5.00 X X 0 0 0 BRIAN STEWART 5.00 X X 0 0 0 MARK WINTER 3.00 X 0 0 0 GEORGE GAULRAPP 3.00 X 0 0 0 ADAM HOLDER 5.00 X X 0 0 0 TOM KLEMM 3.00 X 0 0 0 TOM RUTTER 3.00 X 0 0 0 PEGGY WOHLFORD 3.00 X 0 0 0 JEFF MIKKELSOEN 3.00 X 0 0 0 DAVID YOUNG 40.00 X 95935 0 2878 TESS DAHM 40.00 X 38299 0 1149 134234 4027 false false false 159850 105902 22052 265752 4147 4147 27849 18781 9068 9068 9068 278967 13215 138261 138261 5174 5174 8341 8341 10447 10447 22472 22472 8767 8767 3602 3602 BUSINESS DEVELOPMENT 29874 29874 PROFESSIONAL FEES 10475 10475 OFFICE EXPENSE 3706 3706 INTEREST EXPENSE 3228 3228 3124 3124 247471 228594 18877 0 20106 51586 153771 157918 10882 8102 1879 228108 72610 141781 155498 328419 373104 49847 58682 123666 128020 173513 186702 X 140808 174414 14098 11988 154906 186402 328419 373104 31496 X true false true X false X 305403 352505 303500 186505 265752 1413665 305403 352505 303500 186505 265752 1413665 1413665 227060 65012 32331 35862 31996 392261 1805926 0.78280 0.73600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 59078 59078 101135 30264 70871 67895 42346 25549 155498 NOTES PAYABLE 128020 128020 RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 STEPHENSON COUNTY BOARD STEPHENSON COUNTY BOARD CHAIRMAN DIRECTOR CITY OF FREEPORT CITY OF FREEPORT MAYOR ALDERMAN ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AS PART OF THE FINANCIAL REPORT AT THE BOARD OF DIRECTORS MEETING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C MONITORING OF COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS DONE AT THE TIME THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION IS BASED ON DATA THAT IS GATHERED FROM COMPARABLE ORGANIZATIONS AND REVIEWED BY THE EXECUTIVE COMMITTEE ACTING AS THE COMPENSATION COMMITTEE AND THEN APPROVED BY THE BOARD OF DIRECTORS. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION IS BASED ON DATA THAT IS GATHERED FROM COMPARABLE ORGANIZATIONS AND REVIEWED BY THE EXECUTIVE COMMITTEE ACTING AS THE COMPENSATION COMMITTEE AND THEN APPROVED BY THE BOARD OF DIRECTORS. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.