Illinois Education Association
- Assets
- $283.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Naperville, IL
- Founding
- 05/1969
- Data as of
- 07/2021
- EIN
- 36-3148229
Organization Overview
Illinois Education Association is located in Naperville, IL. The organization was established in 1969. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Illinois Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 07/2021, Illinois Education Association generated $189.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $92.0k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (36.6%) per year over the past 2 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 |
|---|---|---|---|
Christine Bell Recording Sec | 7 | $2,000 | |
Jennifer Smith Executive | 7 | $5,300 | |
Ross Berkley Treasurer | 7 | $2,000 | |
Donna Lehmann Secretary | 7 | $2,850 | |
Vicky Curless Vice President | 7 | $5,500 | |
Dan Iverson President | 7 | $7,800 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $189,551 |
| Investment income | $62 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $189,613 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,450 |
| Professional fees and other payments to independent contractors | $1,220 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,312 |
| Total expenses | $91,982 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $283,574 |
| Other assets | $0 |
| Total assets | $283,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $283,574 |