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Nonprofit · EIN 36-3092612

ILLINI VALLEY ASSOCIATION OF REALTORS INC

Tax-exempt · PERU, IL 61354

Financials

$236K$238K2023$219K$240K2024
Revenue Expenses · by fiscal year end
Financials of ILLINI VALLEY ASSOCIATION OF REALTORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$219,163$239,621-$20,458$285,798$37$285,761
December 31, 2023990$235,919$237,859-$1,940$308,598$2,379$306,219
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$106,811
Membership dues
$98,703
Program service revenue
$105,903
Investment income
$654
Net rental income
$5,795
Other revenue
$5,795

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$33,635
Other salaries and wages
$22,620
Salaries, compensation and benefits (total)
$60,840
Professional fundraising fees
$0
Accounting fees
$6,660
Depreciation
$3,690
Program services (functional)
$205,153
Management and general (functional)
$34,468

Balance sheet and other

Total assets, start of year
$308,598
Total assets, end of year
$285,798
Total liabilities, end of year
$37
Net assets, end of year
$285,761
Land, buildings and equipment
$58,599
Net assets without donor restrictions
$285,761
Gross unrelated business income
$101,042
Gross receipts
$222,468
Employees
3
Year formed
1980
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Gail PyszkaInterim AE
Officer
20$5,970
Angela HeckmanDirector
Trustee or director
5$0
Beth ColemanPresident
Trustee or director
10$0
Heidi HuberTreasurer
Trustee or director
5$0
Erin KarloskyPast President
Trustee or director
5$0
Robert HuberDirector
Trustee or director
5$0
Bonnie LesterDirector
Trustee or director
5$0
Katie TroccoliPresident Elect
Trustee or director
5$0
Christine SchweickertDirector
Trustee or director
5$0
Beth MulcahyDirector
Trustee or director
5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Angela HeckmanTreasurer
Trustee or director
5$0
Beth ColemanDirector
Trustee or director
5$0
Carrie CobaneDirector
Trustee or director
5$0
Erin KarloskyPresident Elect
Trustee or director
5$0
Christine DahmPast President
Trustee or director
5$0
Andrea GreenwaltPresident
Trustee or director
10$0
Katie TroccoliDirector
Trustee or director
5$0
Christine SchweickertDirector
Trustee or director
5$0
Carol WlodarchakDirector
Trustee or director
5$0
Megan BentleyCEO
Officer
40$0

Address and contacts

Address (IRS master file)
1125 PEORIA ST, PERU, IL 61354-2641
Principal officer (990 for 2024)
Beth Coleman, 1125 Peoria Street, Peru, IL 61354
Signed the 990
Beth Coleman, President
Phone
(815) 224-1868
Return prepared by
Kilday Baxter & Associates LLC

Mission

The association is a local advocate for a healthy business environment and a resource for its members to deliver ethical and professional services to the public

990 for the year ended December 31, 2024

Program accomplishments

  • Provide purchased multiple listing service for its members
    Expenses $205,153
  • Conduct internal meeting to inform members of local real estate trends and direction,and provide outside speakers to inform members of regional and national trends
  • Provide required continuing education courses for its members.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-3092612
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$285,798
Income (IRS master file)
$222,468

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$219,163$239,621$285,798IRS
990December 2023$235,919$237,859$308,598XML
990December 2022$242,079$241,302$310,555IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3092612).

Questions about ILLINI VALLEY ASSOCIATION OF REALTORS INC

What is the EIN of ILLINI VALLEY ASSOCIATION OF REALTORS INC?
The employer identification number (EIN) of ILLINI VALLEY ASSOCIATION OF REALTORS INC is 36-3092612.
Is ILLINI VALLEY ASSOCIATION OF REALTORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1981.
Are donations to ILLINI VALLEY ASSOCIATION OF REALTORS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINI VALLEY ASSOCIATION OF REALTORS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ILLINI VALLEY ASSOCIATION OF REALTORS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLINI VALLEY ASSOCIATION OF REALTORS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ILLINI VALLEY ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2024 names Beth Coleman.
Who are the officers and directors of ILLINI VALLEY ASSOCIATION OF REALTORS INC?
The 990 for the year ended December 31, 2024 lists 10 people; 1 received compensation from the organization, the highest $5,970 (Gail Pyszka, Interim AE).
How much revenue does ILLINI VALLEY ASSOCIATION OF REALTORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $219,163, expenses of $239,621 and total assets of $285,798 at year end.

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