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Nonprofit · EIN 36-3421158

ILLINOIS PUBLIC PENSION FUND ASSOCIATION

Tax-exempt · ELGIN, IL 60124

Financials

$1.2M$1.2M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS PUBLIC PENSION FUND ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,334,151$1,221,830$112,321$2,669,193$318,112$2,351,081
December 31, 2023990$1,224,644$1,189,657$34,987$2,423,403$229,866$2,193,537
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,144,694
Investment income
$181,909
Other revenue
$7,548

Expenses

Grants and similar amounts paid
$3,300
Compensation of officers, directors and key employees
$317,718
Other salaries and wages
$253,193
Salaries, compensation and benefits (total)
$609,525
Professional fundraising fees
$0
Legal fees
$30
Occupancy
$79,649
Travel
$14,349
Program services (functional)
$1,044,427
Management and general (functional)
$177,403

Balance sheet and other

Total assets, start of year
$2,423,403
Total assets, end of year
$2,669,193
Total liabilities, end of year
$318,112
Net assets, end of year
$2,351,081
Land, buildings and equipment
$589,506
Publicly traded securities
$1,851,258
Gross receipts
$1,334,151
Employees
20
Volunteers
0
Year formed
1985
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 / weekCompensationOther / benefits
JIM MCNAMEEPRESIDENT
Trustee or director, Officer
40$174,143$26,700
BILL GALGANTREASURER
Trustee or director, Officer
4$23,000$0
SHAWN CURRY2ND VICE PRESIDENT
Trustee or director, Officer
4$18,000$0
DAN HOPKINS1ST VICE PRESIDENT
Trustee or director, Officer
1$10,250$0
MARK POULOS3RD VICE PRESIDENT
Trustee or director, Officer
1$8,500$0
ROBERT PODGORNYSECRETARY
Trustee or director, Officer
1$7,850$0
GENE WASHINGTONDIRECTOR
Trustee or director
1$7,850$0
JIM MALONEY4TH VICE PRESIDENT
Trustee or director, Officer
1$7,350$0
DAN COLLINSDIRECTOR
Trustee or director
1$7,350$0
MARY BURRESSDIRECTOR
Trustee or director
1$6,700$0
BRANDON BLOUGHDIRECTOR
Trustee or director
1$6,700$0
MIKE HERBERTDIRECTOR
Trustee or director
1$6,700$0
PAUL SWANLUNDDIRECTOR
Trustee or director
1$4,125$0
PHIL TRUDEAUDIRECTOR
Trustee or director
1$2,500$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
JAMES M MCNAMEEPRESIDENT
Trustee or director, Officer
40$169,396
WILLIAM GALGANTREASURER
Trustee or director, Officer
2$23,000
SHAWN CURRYVICE-PRESIDENT
Trustee or director, Officer
1$12,000
MARK POULOSVICE-PRESIDENT
Trustee or director, Officer
1$10,250
ROBERT PODGORNYSECRETARY
Trustee or director, Officer
28$9,000
DANIEL HOPKINSVICE-PRESIDENT
Trustee or director, Officer
1$8,500
DANIEL COLLINSVICE-PRESIDENT
Trustee or director, Officer
1$8,000
MIKE HERBERTDIRECTOR
Trustee or director
1$6,700
JAMES MALONEYDIRECTOR
Trustee or director
1$6,700
BRANDON BLOUGHDIRECTOR
Trustee or director
1$6,700
MARY BURRESSDIRECTOR
Trustee or director
1$6,700
GENE WASHINGTONDIRECTOR
Trustee or director
1$6,700
PAUL SWANLUNDDIRECTOR
Trustee or director
1$4,500

Address and contacts

Address (IRS master file)
2587 MILLENNIUM DR STE C, ELGIN, IL 60124-5826
Principal officer (990 for 2024)
JAMES M MCNAMEE, 2587 MILLENNIUM DRIVE C, ELGIN, IL 60124
Signed the 990
JAMES M MCNAMEE, PRESIDENT
Phone
(630) 784-0406
Return prepared by
SIKICH LLC

Mission

TO EDUCATE, PROTECT, PREPARE, TRAIN AND ASSIST OUR PUBLIC PENSION FUND TRUSTEES AND MEMBERS FOR TODAY, TOMORROW AND THE FUTURE, AS WELL AS MONITORING, PROPOSING AND SUPPORTING LEGISLATION THAT IS BENEFICIAL TO ILLINOIS PENSION FUNDS.

990 for the year ended December 31, 2024

Program accomplishments

  • EDUCATE AND TRAIN PUBLIC PENSION TRUSTEES, PROVIDE INFORMATION REGARDING LEGISLATION AND REGULATION AND GENERAL ASSISTANCE AND SUPPORT TO PUBLIC PENSION BOARDS THROUGHOUT THE STATE. IPPFA HAS A 32 HOUR CERTIFIED PUBLIC PENSION TRUSTEE SCHOOL AND A 16 HOUR ADVANCED TRUSTEESCHOOL ADMINISTERED IN CONJUCTION WITH NORTHERN ILLINOIS UNIVERSITY. PENSION TRUSTEE TRAINING COURSES ARE HELD THROUGHOUT THE STATE OF ILLINOIS.
    Expenses $1,044,427 · grants $3,300 · revenue $1,144,694

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
36-3421158
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,669,193
Income (IRS master file)
$1,334,151

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,334,151$1,221,830$2,669,193IRS
990December 2023$1,224,644$1,189,657$2,423,403XML
990December 2022$867,247$1,078,155$2,506,856IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––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 36-3421158).

Questions about ILLINOIS PUBLIC PENSION FUND ASSOCIATION

What is the EIN of ILLINOIS PUBLIC PENSION FUND ASSOCIATION?
The employer identification number (EIN) of ILLINOIS PUBLIC PENSION FUND ASSOCIATION is 36-3421158.
Is ILLINOIS PUBLIC PENSION FUND ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1987.
Are donations to ILLINOIS PUBLIC PENSION FUND ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINOIS PUBLIC PENSION FUND ASSOCIATION 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 ILLINOIS PUBLIC PENSION FUND ASSOCIATION 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 ILLINOIS PUBLIC PENSION FUND ASSOCIATION 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 ILLINOIS PUBLIC PENSION FUND ASSOCIATION?
The 990 for the year ended December 31, 2024 names JAMES M MCNAMEE.
Who are the officers and directors of ILLINOIS PUBLIC PENSION FUND ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 14 people; 14 received compensation from the organization, the highest $174,143 (JIM MCNAMEE, PRESIDENT).
How much revenue does ILLINOIS PUBLIC PENSION FUND ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,334,151, expenses of $1,221,830 and total assets of $2,669,193 at year end.

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