Illinois Education Association
- Assets
- $195.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 05/1969
- Data as of
- 08/2021
- EIN
- 36-4099735
Organization Overview
Illinois Education Association is located in Palatine, 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)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2021, Illinois Education Association generated $50.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $42.0k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,230 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,230 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $41,950 |
| Total expenses | $41,950 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $195,151 |
| Other assets | $0 |
| Total assets | $195,151 |
| Total liabilities | $0 |
| Net assets or fund balances | $195,151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Actuarial Foundation Schaumburg, IL | $9,127,147 | $3,775,493 |
Kentucky School Boards Association Frankfort, KY | $5,168,377 | $3,527,131 |