Taxpayers Federation Of Illinois is located in Springfield, IL. The organization was established in 1942. As of 12/2021, Taxpayers Federation Of Illinois employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Taxpayers Federation Of Illinois is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Taxpayers Federation Of Illinois generated $595.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $553.3k during the year ending 12/2021. 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
RESEARCH AND RECOMMENDATIONS ON TAX AND SPENDING ISSUES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FEDERATION'S PROGRAM IS TO EDUCATE THE PUBLIC AND POLICY-MAKERS REGARDING SOUND TAX POLICY AND TO BRING ABOUT, THROUGH NON-PARTISAN MEANS, EFFICIENCY AND ECONOMY IN ILLINOIS STATE AND LOCAL GOVERNMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carol S Portman President | 50 | $153,000 | |
J Robert Barr Trustee | Trustee | 1 | $0 |
Harry D Bond Trustee | Trustee | 1 | $0 |
Ted Bots Trustee | Trustee | 1 | $0 |
Cate Battin Trustee | Trustee | 1 | $0 |
Michael M Brown Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $513,975 |
Investment income | $657 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $595,133 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $363,826 |
Pension plan accruals and contributions | $25,141 |
Other employee benefits | $9,424 |
Payroll taxes | $26,747 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $51,000 |
Advertising and promotion | $0 |
Office expenses | $66,239 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,261 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $3,458 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,902 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $553,318 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292,084 |
Savings and temporary cash investments | $278,458 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $73,082 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $384 |
Net Land, buildings, and equipment | $3,578 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $647,586 |
Accounts payable and accrued expenses | $59,066 |
Grants payable | $0 |
Deferred revenue | $168,350 |
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 | $227,416 |
Net assets without donor restrictions | $420,170 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $647,586 |
Over the last fiscal year, we have identified 1 grants that Taxpayers Federation Of Illinois has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Commercial Club Foundation Chicago, IL PURPOSE: GENERAL SUPPORT | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Americans For Prosperity Arlington, VA | $36,122,323 | $113,776,550 |
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Metropolitan Entertainment & Omaha, NE | $158,635,208 | $95,451,675 |
Rotary International Evanston, IL | $194,654,881 | $96,362,213 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
Strada Education Network Inc Indianapolis, IN | $1,671,156,809 | $181,933,523 |
Cincinnati Center City Development Corporation Cincinnati, OH | $365,563,062 | $43,403,938 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
Dairy Promotion Inc Kansas City, KS | $585,537 | $75,669,129 |
Kissito Healthcare Inc Roanoke, VA | $34,272,416 | $69,527,581 |
Central Arkansas Development Council Benton, AR | $22,711,775 | $63,852,394 |