2018 MAEDCO Brochure

“Creating employment and development opportunities in
Macomb and McDonough County”

2018

BOARD OF DIRECTORS

Ameren Illinois ……………………………….………..................................................Cheryl Welge
American Family Insurance.............................................................................Matt Glaser
Benton & Associates, Inc.*..........................................................................Doug Erickson
Bridgeway, Inc.………………………………..............….............………..................Robert Johnson
Century 21 Purdum-Epperson……………..........................……….............Lorraine Epperson
Citizens (A Division of Morton)*………..............………......................................Todd Lester
City of Bushnell…………………………………..............………............................Mayor Robin Wilt
City of Macomb*………………………………………..............….......................Mayor Mike Inman
Farm King…………………………………………..............….…........................................Brad Severs
Farmers & Merchants State Bank…..........................………………............Don Swartzbaugh
First Bankers Trust……………………...............……….............….....................John Armstrong
First State Bank of Illinois……….….……...........................………………............Michael Bavery
Flack McRaven & Stephens……………............….…………..............….................Bruce Biagini
Hampton Inn……………………............………………..............…….......................Ronalyn Pelayo
Hy-Vee, Inc........………………………………...........................................................Curtis Bortell
IMEG Corporation*…....……………………..............….............…………........................Eric Moe
Laverdiere Construction……............…………….…………................................Jack Laverdiere
Macomb Chamber of Commerce .……………..............…..............…..................Chuck Laird
McDonald’s.............................................................................................Blake Kosanovich
McDonough County Farm Bureau...................................................................Levi Greuel
McDonough County*………………………………..........................…...................Scott Schwerer
McDonough District Hospital………….….............……….............……...................Kenny Boyd
MidAmerica National Bank*…….……….…...........................…………................Tom Claudon
MTC Communications*................................................................................Bill Buchanan
Northwestern Mutual Financial Network..……...…..........................….....Dave Thompson
NTN Bower Corporation……………….…..………...............................................Steve Hensley
Pella Corporation-Macomb Operations...…….……...........................................Kyle Recker
Princess Shoppe………………………………….…....................................................Dennis Moon
Spoon River College……………………….…….......................................................Curt Oldfield
Triple H Investments……………….............……………………...................................Mike Hillyer
United Community Bank….……………………….…..............…................................Ron Runser
Western Illinois University………............….……..............………………................Jack Thomas
YMCA of McDonough County….……………….…………......................................Carla Teslicka

Honorary…………...……………….…...………..……….............................................Charles Gilbert

* Executive Committee

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FOR YOUR INFORMATION

MAEDCO promotes economic development in the greater
Macomb area. The City of Bushnell has been an active member of
MAEDCO since 2006 and holds a seat on the Board of Directors.

McDonough County’s proposed wind farm (Cardinal
Point) is slated for construction early Spring 2019
and is scheduled to come online in March 2020.
The $250 Million project will have approximately
60-75 150MW turbines. The total process should
last about a year and employ 150-180 construction
workers. Total jobs created once completed will be
between 10-15.

MAEDCO is a member of many state and national
organizations. These include the Illinois Enterprise Zone
Association, the Illinois Economic Development Association, and
Corridor 67.

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INVESTORS

CHARTER (5) ASSOCIATE (25)

City of Macomb Benton & Associates, Inc.

Macomb Area Chamber of Commerce Bushnell Banking Center-Raritan State Bank

McDonough County Bushnell Economic Development Corp.

McDonough District HospitalCentury 21 Purdum-Epperson
Western Illinois UniversityColchester State Bank
Capital Power
PREMIER (19) Flack, McRaven & Stephens
Hanson Professional Services Inc.
Ameren Illinois Hy-Vee, Inc.
Bridgeway, Inc. IMEG Corporation
Citizens, Division of Morton Community BankMacomb Airport Authority
City of Bushnell Marine Bank
Farmers & Merchants State BankMaurer-Stutz, Inc.
Farm King McDonough County Voice
First Bankers Trust McDonough Power Cooperative
Fortress Bank Midwest Control Products
Hampton Inn Purdum-Gray-Ingledue-Beck, Inc.

#11LaverdiereConstruction,Inc.
McDonald’s Reusch, Butler & Associates, P.C.

MidAmerica National Bank Springfield Clinic

State Bank of Industry
STC Investments
Trotter General Contracting
Wal-Mart
Westen Investments
Western Grain Marketing
MTC Communications
NTN Bower Corporation
Pella Corporation-Macomb Operations
Spoon River College
Thompson, Dave-Northwestern Mutual
Triple H Investments

STROUnitedCommunityBank

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INVESTORS

SUSTAINING (55) Pumo Insurance

A-1 Security Lock Shop Refreshment Services Pepsi

Amp Electrical Services, Inc. Regional Media

Arnold Brothers Ron Elbe Auto Sales

Birkey’s Farm Store Schuld/Bushnell
Casey’s General Store-East #3338 Schwan Food Company
Casey’s General Store-West #1815 Sodexo
Citizens Insurance, an Unland Company Sunrise Energy Ventures
Clugston-Tibbitts Funeral Home Terrill Title Company, Inc.
Cortelyou Ready Mix Thalden, Barry
County Market TimbukTech, Inc.
Dodsworth-Piper-Wallen Funeral Home U-STORE-IT
Dunkin’ Donuts/Baskin Robbins Vaughan & Bushnell Manufacturing
Early, Cathy-State Farm Insurance Walters Construction Company
Gentry Motor Company Woodforest National Bank
Gilbert III, Charles Woodrum Automotive, Inc.
Glaser, Matt-American Family InsuranceWestern Illinois Economic

13Grand Prairie of Macomb Development Authority (WIEDA)

Gunther Construction, a Division of UCM WIU-Small Business Development Center

Goodwill Industries of Central Illinois YMCA of McDonough County

Guzzardo Enterprises, Inc.
Heartland Coca-Cola
Housing Authority of McDonough CountyINDIVIDUAL (10)
Hutchison Engineering, Inc.
IH Mississippi Valley Credit UnionAllegra Print•Design•Signs
Kaskaskia Engineering Group, LLCCarper, Tom & Gayle
Kunes Country Auto Group of MacombHammond, Norine-State Representative #94
Limestone Publishing Inc.Laird, Chuck
Key Realtors
Community News BriefMacomb Area C&VB
Magnolia’s Modern Home Furniture
March, McMillan, DeJoode & DuvallRocky’s Bar & Grill
Tracy, Jil-State Senator #47
ONGMcDonough County Farm Bureau Wesley Village Retirement Community

MidState Graphics

Midwest Express

Mosaic

Nelson’s Clothing Store

Optometric Billing Consultants

Princess Shoppe

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EMANCOTMBE/BRUSPHNRELILSE ZONE

The Enterprise Zone is an important marketing tool and plays a crucial role in business
retention, expansion and attraction. The Enterprise Zone program is designed to
stimulate business development, job creation, retention, and neighborhood
revitalization in economically depressed areas of the state that fall within Illinois’ 92
designated enterprise zones. This is accomplished through state and local tax
incentives, regulatory relief and improved governmental services. MAEDCO serves as
the administrator of the Macomb/Bushnell Enterprise Zone.

Property Tax Abatement
 New Construction
 Nearly 100% up to ten years

Expedited Approval Process

Sales Tax Exemption
 Building Materials
 Issuance of Building Permit Required (Macomb Only)
 Certificate of Eligibility for Sales Tax Exemption
 What Qualifies? Building materials that are eligible for the enterprise zone sales tax

deduction includes items that are permanently affixed to real property like lumber,
mortar, wiring, etc...

Investment Tax Credit
 Allows a .5% credit against the state income tax for investments in qualified

property that is placed in service in the enterprise zone
 The credit may be taken by a qualified tax payer who makes an investment in a

“qualified property” and who otherwise meets the terms of the state
 Qualified Property-Tangible, whether new or used, Including buildings and

structural components, acquired by purchase, is depreciable, and has a useful life.
 Examples: Buildings, structural components of buildings, elevators, material tanks,

boilers, and major computer installations

Machinery & Equipment Sales Tax Exemption
 Certificate by the state is required prior to getting exemption
 Several qualifying criteria

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For An Interactive Map, Visit: http://gis.wiu.edu/js/ez/

ENTERPRISE ZONE MANAGEMENT BOARD

City of Macomb McDonough County
Mayor Mike Inman Scott Schwerer
Todd Hamilton
Dennis Moon
Bill Butcher

City of Bushnell Zone Administrator
Mayor Robin Wilt Kim Pierce

Jeff Rench

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FOR YOUR INFORMATION

2017 HIGHLIGHTS

 Nineteen (19) projects throughout the year; nine remain active

 Continued involvement with Capital Power and their proposed $250M Cardinal
Point wind farm located North on US67. Anticipate construction late Fall 2018/
Spring 2019

 Dunkin’ Donuts/Baskin Robbins opened on the corner of Sherman Avenue and
West Jackson Street; $1.4M

 Established the McDonough County CEO (Creating Entrepreneurial Opportunities)
program for the Macomb, Bushnell-Prairie City and West Prairie School Districts.
The program is slated to begin in the Fall 2019 academic school year

 Pella Corporation-Macomb Operations announced their expansion into the luxury
window market

 Participated in numerous national and international cooperative marketing
campaigns through the Illinois Department of Commerce & Economic
Opportunity

 McAlister’s Deli (East Jackson Street) began construction and anticipates opening
1Q/2018; $2M

 The year-long renovation of Tellers (corner of Main and Hurst Street, Bushnell) is
almost complete. The developer/owner has renovated the historical downtown
building into a venue complete with a restaurant, bar, and gathering spaces.

 NTN-Bower announced their multimillion dollar investment and expansion into
the automotive industry and approximately 100 new jobs

 CVS Pharmacy announced their new store construction; $6M

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WAGE RATES

Occupational Employment & Wage Rates for McDonough County (2016)

Occupation Entry Median Experienced

Architecture and Engineering $23.79 $30.59 $39.60

Arts, Design, Entertainment, Sports & Media $12.29 $18.99 $28.04

Building/Grounds Cleaning & Maintenance $9.56 $11.80 $17.46

Business & Financial Operations $16.66 $25.80 $32.34

Community & Social Services $12.89 $19.25 $25.53

Computer & Mathematical $17.64 $23.49 $28.12

Construction & Extraction $14.35 $21.59 $27.65

Education, Training & Library $12.56 $23.42 $38.49

Financial Managers $21.30 $27.26 $44.82

Food Preparation & Serving Related $9.03 $9.44 $12.09

Healthcare Practitioners & Technical $15.86 $25.45 $37.91

Healthcare Support $10.03 $11.70 $14.07

Installation, Maintenance & Repair $14.23 $21.67 $26.25

Legal $19.75 $37.92 $50.68

Life, Physical & Social Science $18.75 $32.53 $39.23

Management $15.93 $29.93 $47.97

Office & Administrative Support $9.74 $13.86 $18.23

Personal Care & Service $8.96 $9.34 $12.51

Production $11.56 $16.20 $20.27

Protective Service $8.95 $13.91 $23.07

Sales & Related $9.57 $12.34 $21.74

Transportation and Material Moving $9.36 $11.25 $15.38

Source: http://www.ides.illinois.gov/lmi/Pages/Occupational_Employment_Statistics.aspx

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INVESTMENT LEVELS

INVESTOR CATEGORIES

CHARTER…………………………………DISCRETIONARY
PREMIER…………………..…………...$2500+
ASSOCIATE………………………………$500_2499
SUSTAINING……………………………$250-499
INDIVIDUAL…………………………….$150-249
Individual, Sustaining, Associate and Premier investors include individuals,
businesses, groups, and organizations who support development and
growth in our area.
Charter investors are the City of Macomb, McDonough District Hospital,
Western Illinois University, Macomb Area Chamber of Commerce and
McDonough County.

USE OF DUES

Ten percent of investor dues are deposited into our seed capital fund. This
resource is used to provide financial support for the development
and/or expansion of business and industry which will create or add new jobs in
our area. This fund has accumulated over $300,000 throughout its
existence. The remaining 90% of member dues are used for
administration costs.

Page 10

MACOMB AREA ECONOMIC
DEVELOPMENT CORPORATION

THREE YEAR
INVESTOR COMMITMENT

Business: Fax:
Contact:
Address:

Phone:
Email:

Please Circle Your Choice $2500+
$500-2499
Premier................................. $250-499
Associate............................... $150-249

Sustaining.............................
Individual.............................

Amount Enclosed $

Bill me: Annually Semi-Annually Quarterly
Signature: Date:

Please Return to:

MAEDCO
510 North Pearl Street, Suite 300

Macomb, Illinois 61455

DUES ARE TAX DEDUCTIBLE AS AN
ORDINARY AND NECESSARY BUSINESS EXPENSE.

Page 11

Western Illinois Business & Technology Center
510 North Pearl Street, Suite 300
Macomb, Illinois 61455

T: 309.837.4684 • F: 309.837.4688
[email protected]
www.maedco.org

www.facebook.com/MAEDCO

Executive Director……………………Kim Pierce
Administrative Assistant……………..Caitlin Brown