Illinois Education Association
- Assets
- $154.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algonquin, IL
- Founding
- 05/1969
- Data as of
- 06/2024
- EIN
- 36-3723690
Organization Overview
Illinois Education Association is located in Algonquin, 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 06/2024, Illinois Education Association generated $107.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $51.5k during the year ending 06/2024. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Bradley Aney President | 10 | $9,800 | |
Sandra Vitucci Vice Preside | 10 | $8,000 | |
Edie Gogny Treasurer | 0 | $0 | |
Helen Elizabeth Knott Treasurer | 10 | $3,300 | |
Christina Biddinger Secretary | 10 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,026 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,397 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $107,423 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,099 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,229 |
| Total expenses | $51,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,671 |
| Other assets | $0 |
| Total assets | $154,671 |
| Total liabilities | $0 |
| Net assets or fund balances | $154,671 |