2024-03-25T16:09:07-05:00 2023-12-31 371335003 ECK SCHAFER & PUNKE LLP 227 S Seventh Street Springfield IL 62701 990 2023-01-01 371183315 Illinois Retired Teachers Association Foundation Inc ILLI 2175238488 828 South Second Street Springfield IL 62704 Jessica Newbold Hoselton Executive Director 2175238488 2024-03-25 1 Jessica Newbold Hoselton 999009999 0 Brent Leach P00331592 2175251111 2024-03-25 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z Jessica Newbold Hoselton 828 South Second Street Springfield IL 62704 703831 0 X www.irtaonline.org X 1985 IL Serving the needs of people through leadership development, growth in self, and service to all mankind. 17 17 0 17 0 0 748292 298972 0 0 -1732 77051 145088 84728 891648 460751 111944 129543 0 0 0 0 0 0 76493 410525 269704 522469 399247 369179 61504 2815539 2775418 500258 398633 2315281 2376785 Serving the needs of educators through leadership development, growth in self, and service to all mankind. 0 0 211968 129543 The IRTA Foundation assists retired educators who struggle financially, awards scholarships to college students majoring in education, gives grants to classroom teachers for special projects. 211968 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X Erica Pinkley 2175238488 828 South Second Street Springfield IL 62704 William Funkhouser Past Chair 1.00 X X 0 0 0 Don Ostrom Treasurer 1.00 X X 0 0 0 LaVonne Chaney Secretary 1.00 X X 0 0 0 Jo Anne Nelson Board Member 1.00 X 0 0 0 Caryn Graham Board Member 1.00 X 0 0 0 James Barr Board Member 1.00 X 0 0 0 Linda Nott Board Member 1.00 X 0 0 0 Susan Greene Board Member 1.00 X 0 0 0 Judi Harland Board Member 1.00 X 0 0 0 Marjorie Sucansky Board Member 1.00 X 0 0 0 Wendy Wiegers Board Member 1.00 X 0 0 0 Marilyn Myers Board Member 1.00 X 0 0 0 Lanny Smith Vice Chair 1.00 X X 0 0 0 Mike Schmidt Chair 1.00 X X 0 0 0 Rainy Kaplan Board Member 1.00 X 0 0 0 Mary Kay Board Member 1.00 X 0 0 0 Deloris Turner Board Member 1.00 X 0 0 0 James Bachman Executive Director 1.00 37.50 X 0 241431 18589 Erica Pinkley Comptroller 1.00 37.50 X 0 86626 16860 Jessica Newbold Hoselton Executive Director 1.00 37.50 X 0 12738 0 0 340795 35449 0 0 1 0 0 298972 298972 47525 47525 84728 0 84728 84728 84728 272606 243080 29526 29526 29526 460751 0 0 161779 129543 129543 350 350 10440 10440 3498 3498 41774 21057 20717 175 175 28 28 13902 6951 6951 56884 28442 28442 27748 13874 13874 Printing and Mailing 76493 76493 Building maintenance 32161 7075 25086 Miscellaenous 5374 4998 376 Bank Charges 877 877 399247 211968 110786 76493 538027 247088 1943375 482586 1649925 1460789 627587 1067541 2815539 2775418 400258 317137 100000 81496 500258 398633 X 1854558 1896927 460723 479858 2315281 2376785 2815539 2775418 61504 0 X X 0 1 X 1 0 X 262967 360997 322821 340306 298972 1586063 262967 360997 322821 340306 298972 1586063 1586063 121237 116379 129288 158110 132253 657267 24734 11208 35942 2279272 0.69590 0.70190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 347962 26852 7105 367709 352499 4818 9355 347962 335921 25755 9177 352499 330479 14442 9000 335921 333502 5977 9000 330479 0.81587 0.18413 0 0 165000 165000 236438 54152 182286 1374185 262518 1111667 167752 165916 1836 1460789 Money Market Funds 19674 C Mutual Funds 495468 C Certificates of deposits 160000 C Fixed Income 392399 C 1067541 X 457253 0 457253 3498 3498 460751 395749 0 395749 3498 3498 399247 Part X, Line 2: The Foundation follows the requirements related to the accounting for uncertainty in income taxes. This guidance sets a minimum threshold for financial statement recognition of the benefit of a tax position taken, or expected to be taken, in a tax return. Tax positions for the open tax years as of December 31, 2023 were reviewed, and it was determined that no provision for uncertain tax positions is required. IL 1 0 0 0 Erica Pinkley 828 South Second Street Springfield IL 62704 0 Erica Pinkley X 0 1 Active Teacher Grants 74 42132 Student Scholarships 20 27105 Member Assistance 10 60306 Part I, Line 2: Students are informed at the time of the scholarship award that the funds are to be used to further their education. X 0 0 0 0 0 0 0 0 0 James Bachman Executive Director 0 241431 0 0 0 0 0 18589 0 0 0 260020 0 0 Form 990, Part VI, Section B, line 11b The form 990 is reviewed by the Comptroller and Executive Director prior to filing. A copy of the 990 is provided to the Board of Directors. Form 990, Part VI, Section B, line 12c An interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of all material facts, the interested person shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Form 990, Part VI, Section C, line 19 Documents are made available upon request. Form 990, Part XII, Line 2c There have been no changes to the organization's oversight or selection process during the year. Illinois Retired Teachers Association 828 South Second Street Springfield IL 62704 370892878 Promote economic, social and professional status of retired teachers IL 501(c)(4) N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Illinois Retired Teachers Association E 81496