Illinois Public Transit Association
- Assets
- $227.4k
- Revenue
- $284.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 11/1976
- Data as of
- 06/2022
- EIN
- 37-1012616
Organization Overview
Illinois Public Transit Association is located in Springfield, IL. The organization was established in 1976. According to its NTEE Classification (W40) the organization is classified as: Public Transportation Systems, 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 Public Transit 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 06/2022, Illinois Public Transit Association generated $284.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $374.8k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE THE BEST PUBLIC TRANSPORTATION SERVICE POSSIBLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCE - PUT ON A CONFERENCE THAT PROVIDED A FORUM FOR PEERS TO DISCUSS ISSUES AND SOLUTIONS TO THOSE ISSUES. THE CONFERENCE OFFERED A GREAT MIX OF TRAINING/EDUCATIONAL OPPORTUNITIES AS WELL AS SOCIAL ACITIVITIES. THE CONFERENCE FEATURED A VENDORS' SHOWCASE, GIVING OUR ASSOCIATE MEMBERS THE OPPORTUNITY TO DISPLAY THEIR PRODCUTS AND PROMOTIONAL MATERIALS ABOUT PRODUCTS PERTAINING TO TRANSIT OPERATIONS.
ADVOCACY - ADVOCATED ON BEHALF OF MEMBERS WITH THE STATE LEGISLATURE, IDOT AND THE GOVERNOR'S OFFICE, AS WELL AS CONGRESS AND THE FEDERAL TRANSIT ADMINISTRATION. SPECIFICALLY FOCUSED ON STATE AND FEDERAL CAPITAL AND OPERATING FUNDING ISSUES.
MEMBER COMMUNICATION AND DEVELOPMENT - COMMUNICATED WITH ASSOCIATION MEMBERSHIP REGULARLY BY EMAIL, WEBSITE UPDATES, QUARTERLY ARTICLES IN A RURAL TRANSIT PUBLICATION AND OCCASIONAL SITE VISITS. SUCCESSFULLY WORKED TO INCREASE NUMBER OF REGULAR AND ASSOCIATE MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Gnadt President | OfficerTrustee | 1 | $0 |
Michael Stubbe 1st Vice President | OfficerTrustee | 1 | $0 |
Jeffrey Nelson 2nd Vice President | OfficerTrustee | 1 | $0 |
Jean Jumper Secretary | OfficerTrustee | 1 | $0 |
Adam Lach Director | Trustee | 1 | $0 |
Amy Brown Director | Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $281,865 |
| Investment income | $1,752 |
| 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 | $284,349 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $138,971 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $93,100 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,596 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $7,604 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,171 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,761 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,151 |
| All other expenses | $0 |
| Total functional expenses | $374,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $136,536 |
| Savings and temporary cash investments | $90,891 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $227,427 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $227,427 |
| 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 | $227,427 |