Illinois Trial Lawyers Association
- Assets
- $4.1m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Springfield, IL
- Founding
- 01/1974
- Data as of
- 06/2023
- EIN
- 37-0949429
Organization Overview
Illinois Trial Lawyers Association is located in Springfield, IL. The organization was established in 1974. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. As of 06/2023, Illinois Trial Lawyers Association employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Trial Lawyers 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 06/2023, Illinois Trial Lawyers Association generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.4m during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE OBJECTIVES OF THE ASSOCIATION SHALL BE TO: UPHOLD THE CONSTITUTION OF THE UNITED STATES OF AMERICA AND THE STATE OF ILLINOIS; SECURE AND PROTECT THE RIGHTS OF THOSE INJURED IN THEIR PERSONS OR CIVIL RIGHTS; DEFEND TRIAL BY JURY AND THE ADVERSARY SYSTEM OF JUSTICE; STRIVE TO ACHIEVE AND MAINTAIN HIGH STANDARDS OF PROFESSIONAL ETHICS, COMPETENCY AND DEMEANOR IN THE BENCH AND BAR; PROMOTE FAIR, PROMPT AND EFFICIENT ADMINISTRATION OF JUSTICE; EDUCATE AND TRAIN IN THE ART OF ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOVERNMENT LIAISON AND SUPPORT FOR TRIAL LAWYERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Matthew Dudley Immediate Past President | OfficerTrustee | 1 | $0 |
Patrick Salvi II President | OfficerTrustee | 1 | $0 |
Katharine C Byrne President-Elect | OfficerTrustee | 1 | $0 |
Sara M Sagler 2nd Vice President | OfficerTrustee | 1 | $0 |
Timothy J Cavanaugh 3rd Vice Presdient | OfficerTrustee | 1 | $0 |
Margaret Battersby Black Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| 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 | $1,138,517 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,138,517 |
| Total Program Service Revenue | $1,196,381 |
| Investment income | $31,282 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,600 |
| Net Gain/Loss on Asset Sales | $14,994 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,424,270 |
| 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. | $375,426 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $577,680 |
| Pension plan accruals and contributions | $66,859 |
| Other employee benefits | $0 |
| Payroll taxes | $68,504 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $103,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,927 |
| Advertising and promotion | $0 |
| Office expenses | $91,477 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,578 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $178,489 |
| Interest | $243 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $41,572 |
| Insurance | $257,787 |
| All other expenses | $156,461 |
| Total functional expenses | $2,425,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $755,078 |
| Savings and temporary cash investments | $1,362,701 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $31,305 |
| Net Land, buildings, and equipment | $568,291 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,423,443 |
| Total assets | $4,140,818 |
| Accounts payable and accrued expenses | $111,081 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $36,677 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $42,020 |
| Total liabilities | $189,778 |
| Net assets without donor restrictions | $3,951,040 |
| 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 | $4,140,818 |