Illinois Association Of Minorities In Government
- Assets
- $167.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 02/1992
- Data as of
- 12/2017
- EIN
- 37-1228448
Organization Overview
Illinois Association Of Minorities In Government is located in Springfield, IL. The organization was established in 1992. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Association Of Minorities In Government is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2017, Illinois Association Of Minorities In Government generated $71.6k 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 (11.3%) each year. All expenses for the organization totaled $84.9k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (14.1%) 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 |
|---|---|---|---|
Enoch Clark-Bey Member | 1 | $0 | |
Glenda Corbett Member | 1 | $0 | |
Loretta Kidd Chairman | 1 | $0 | |
Mike Fordson Southern Chair | 1 | $0 | |
William Jackson Member | 1 | $0 | |
Norma Jordan Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,563 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,600 |
| Professional fees and other payments to independent contractors | $12,573 |
| Occupancy, rent, utilities, and maintenance | $31,568 |
| Printing, publications, postage, and shipping | $2,575 |
| Other expenses | $34,615 |
| Total expenses | $84,931 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,872 |
| Other assets | $0 |
| Total assets | $167,841 |
| Total liabilities | $0 |
| Net assets or fund balances | $167,841 |