Collaborative Law Institute Of Illinois
- Assets
- $208.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lisle, IL
- Founding
- 07/2003
- Data as of
- 12/2022
- EIN
- 02-0645845
Organization Overview
Collaborative Law Institute Of Illinois is located in Lisle, IL. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Collaborative Law Institute Of Illinois is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Collaborative Law Institute Of Illinois generated $21.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.0%) each year. All expenses for the organization totaled $46.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Fletchall President | 2 | $0 | |
Tania Harvey JD President Elect | 2 | $0 | |
Kimberly Grady Cdfa Treasurer | 2 | $0 | |
Anique Drouin JD Secretary & Group Board Rep | 2 | $0 | |
Anne Schmidt JD Vice President-Attorney | 2 | $0 | |
Todd Johnson Cdfa Vice President-Financial | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,475 |
| Membership dues | $20,856 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$2,278 |
| Other Revenue | $0 |
| Total Revenue | $21,053 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,558 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,877 |
| Total expenses | $46,435 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $199,225 |
| Other assets | $0 |
| Total assets | $207,965 |
| Total liabilities | $0 |
| Net assets or fund balances | $207,965 |