Illinois Alliance For Retired Americans
- Assets
- $23.2k
- Revenue
- $65.7k
- Investments
- $0.0
- Employees
- 2
- Location
- Chicago, IL
- Founding
- 06/2015
- Data as of
- 12/2023
- EIN
- 37-1767607
Organization Overview
Illinois Alliance For Retired Americans is located in Chicago, IL. The organization was established in 2015. According to its NTEE Classification (R25) the organization is classified as: Seniors Rights, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Illinois Alliance For Retired Americans employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Alliance For Retired Americans 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 12/2023, Illinois Alliance For Retired Americans generated $65.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $131.4k during the year ending 12/2023. 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
PROMOTION OF THE INTERESTS AND WELL BEING OF SENIOR CITIZENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST IN PROMOTING THE INTERESTS AND WELL BEING OF SENIOR CITIZENS, INCLUDING THEIR CULTURAL, ECONOMIC, CIVIC, AND EDUCATIONAL WELFARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesus Palafox Frmr Exec Dir | Officer | 40 | $68,655 |
Krystle Able Executive Dir. | Officer | 40 | $4,134 |
Charlotte Sanders Director | Trustee | 1 | $0 |
Don Todd President | OfficerTrustee | 1 | $0 |
Miller Rodgers Vice President | OfficerTrustee | 1 | $0 |
Katie Jordan Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $130 |
| 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 | $130 |
| Total Program Service Revenue | $58,369 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,816 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,677 |
| 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. | $72,789 |
| Compensation of current officers, directors, key employees. | $18,197 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,507 |
| Payroll taxes | $5,569 |
| 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 | $26,831 |
| Advertising and promotion | $0 |
| Office expenses | $4,808 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,949 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $119 |
| Total functional expenses | $131,351 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,201 |
| Savings and temporary cash investments | $0 |
| 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 | $23,201 |
| Accounts payable and accrued expenses | $28,706 |
| 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 | $28,706 |
| Net assets without donor restrictions | -$5,505 |
| 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 | $23,201 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Association Of Area Agencies On Aging Incorporated Indianapolis, IN | $166,539 | $1,137,951 |
Direct Supply Senior Living Advocacy Inc Milwaukee, WI | $1,561,699 | $1,062,612 |
Illinois Alliance For Retired Americans Chicago, IL | $23,201 | $65,677 |
Wisconsin Alliance For Retired Americans Inc Milwaukee, WI | $33,995 | $0 |
Jane Addams Seniors In Action Chicago, IL | $127,437 | $0 |