Illinois Association Of School Boards
- Assets
- $19.2m
- Revenue
- $11.1m
- Investments
- $0.0
- Employees
- 75
- Location
- Springfield, IL
- Founding
- 10/1943
- Data as of
- 06/2021
- EIN
- 31-1540788
Organization Overview
Illinois Association Of School Boards is located in Springfield, IL. The organization was established in 1943. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Illinois Association Of School Boards employed 75 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Association Of School Boards is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Illinois Association Of School Boards generated $11.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $9.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EXCELLENCE IN SCHOOL GOVERNANCE AND SUPPORT OF PUBLIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES, TRAINING PROGRAMS, WORKSHOPS, POLICY SERVICES, PUBLICATIONS, AND SPECIAL EVENTS TO FURTHER EXCELLENCE IN LOCAL SCHOOL GOVERNANCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Bertrand Executive Director | Officer | 40 | $260,105 |
Dean Langdon Associate Executive Direct | 40 | $174,776 | |
Jennifer Feld CFO | Officer | 40 | $145,371 |
Deanna Sullivan Director | 40 | $140,754 | |
Kimberly Small General Counsel | 40 | $135,918 | |
Thomas Leahy Director | 40 | $111,669 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,381,998 |
| Investment income | $77,998 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $862,426 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $180,950 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,091,944 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $503,575 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,929,973 |
| Pension plan accruals and contributions | $374,497 |
| Other employee benefits | $1,432,846 |
| Payroll taxes | $207,037 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,452 |
| Fees for services: Accounting | $19,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $208,042 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $497,694 |
| Travel | $82,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $95,918 |
| Depreciation, depletion, and amortization | $316,307 |
| Insurance | $81,512 |
| All other expenses | $0 |
| Total functional expenses | $9,121,436 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,831 |
| Savings and temporary cash investments | $10,770,474 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $752,003 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $37,060 |
| Prepaid expenses and deferred charges | $105,228 |
| Investments—publicly traded securities | $4,781,708 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,198,603 |
| Accounts payable and accrued expenses | $325,336 |
| Grants payable | $0 |
| Deferred revenue | $6,629,628 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,954,964 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $12,243,639 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa State Education Assn Des Moines, IA | $17,572,600 | $14,015,697 |
Association Of Diabetes Care & Education Specialists Chicago, IL | $25,105,148 | $12,812,259 |
Illinois Association Of School Boards Springfield, IL | $19,198,603 | $11,091,944 |
Missouri National Education Association Jefferson City, MO | $11,252,448 | $8,353,095 |
American College Of Foot And Ankle Surgeons Chicago, IL | $15,138,521 | $7,600,538 |
National Council Of Teachers Of English Champaign, IL | $46,879,367 | $7,632,067 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
Wisconsin Education Association Council Madison, WI | $12,509,404 | $6,898,296 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |
American College Of Osteopathic Family Physicians Inc Arlington Heights, IL | $12,356,317 | $6,528,477 |
Association Of School Business Officials International Dekalb, IL | $5,714,623 | $4,805,268 |
New Prairie United School Building Corporation New Carlisle, IN | $68,234,946 | $7,118,037 |