Illinois Engineering Initiative
- Assets
- $438.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, IL
- Founding
- 04/1976
- Data as of
- 12/2021
- EIN
- 51-0185971
Organization Overview
Illinois Engineering Initiative is located in Springfield, IL. The organization was established in 1976. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Engineering Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Illinois Engineering Initiative generated $121.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $112.4k during the year ending 12/2021. While expenses have increased by 7.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Large Chair | 2 | $0 | |
Kristin L Timmons Secretary/tr | 2 | $0 | |
Kevin Artl Trustee | 2 | $0 | |
Teresa Saner Trsutee | 2 | $0 | |
Craig Turner Trustee | 2 | $0 | |
Carl Schoedel Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,789 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14,768 |
| Gain or Loss | $4,160 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,075 |
| Total Revenue | $121,792 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $38,049 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $17,317 |
| Total expenses | $112,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $438,200 |
| Other assets | $0 |
| Total assets | $438,200 |
| Total liabilities | $0 |
| Net assets or fund balances | $438,200 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Illinois Engineering Initiative has recieved totaling $6,725.
| Awarding Organization | Amount |
|---|---|
Mathcounts Foundation Alexandria, VA PURPOSE: State Registration Fee Reimbursements | $6,725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Experimental Aircraft Association Inc Oshkosh, WI | $53,947,894 | $18,861,933 |
American Nuclear Society Inc Lagrange Park, IL | $28,278,808 | $12,075,736 |
National Fluid Power Association Milwaukee, WI | $6,189,581 | $3,380,802 |
American Society Of Animal Science Inc Champaign, IL | $1,933,667 | $2,509,683 |
Crop Science Society Of America Inc Madison, WI | $6,303,627 | $2,355,841 |
International Valuation Standards Committee Chicago, IL | $2,748,445 | $2,098,608 |
American Ornithological Society Chicago, IL | $31,596,243 | $1,123,751 |
Common-A Users Group Inc Chicago, IL | $577,718 | $1,100,888 |
Diamond Key Security Nfp Palatine, IL | $426,550 | $1,330,490 |
Electric Utility Industry Sustainable Supply Chain Alliance Kansas City, MO | $1,065,259 | $733,711 |
Kentucky Society For Technology Ineducation Waco, KY | $557,170 | $506,791 |
Society Of Plastics Engineers Lake Forest, IL | $260,391 | $445,970 |