Nonprofit · EIN 36-3543897
ILLINOIS TAX INCREMENT ASSOCIATION
Tax-exempt · SPRINGFIELD, IL 62701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $261,740 | $219,740 | $42,000 | $142,902 | $66,736 | $76,166 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $261,740
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $78,333
- Salaries, compensation and benefits (total)
- $91,595
- Professional fundraising fees
- $0
- Occupancy
- $1,200
- Travel
- $6,766
- Depreciation
- $642
- Program services (functional)
- $194,872
- Management and general (functional)
- $24,868
Balance sheet and other
- Total assets, start of year
- $219,295
- Total assets, end of year
- $142,902
- Total liabilities, end of year
- $66,736
- Net assets, end of year
- $76,166
- Land, buildings and equipment
- $1,846
- Net assets without donor restrictions
- $76,166
- Gross receipts
- $261,740
- Employees
- 2
- Year formed
- 1987
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL ARMSTRONG | PRESIDENT Trustee or director, Officer | 2 | $0 |
| NATHAN BRUCK | DIRECTOR Trustee or director | 2 | $0 |
| TERRY BRUCKERT | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| GEOFFREY DICKINSON | DIRECTOR Trustee or director | 2 | $0 |
| LARRY DOMINICK | DIRECTOR Trustee or director | 2 | $0 |
| GINO GALLUZZO | DIRECTOR Trustee or director | 2 | $0 |
| TODD HULL | DIRECTOR Trustee or director | 2 | $0 |
| GREG HUMMEL | DIRECTOR Trustee or director | 2 | $0 |
| DANIEL KLEISS | DIRECTOR Trustee or director | 2 | $0 |
| PHIL MCKENNA | DIRECTOR Trustee or director | 2 | $0 |
| DEBBIE VAN SICKLE | SECRETARY Trustee or director | 2 | $0 |
| CRAIG SMITH | DIRECTOR Trustee or director | 2 | $0 |
| STACI SPRINGER | SECRETARY Trustee or director | 2 | $0 |
| ADAM STROUD | TREASURER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 15 S OLD STATE CAPITOL PLZ, SPRINGFIELD, IL 62701-1567
- Principal officer (990 for 2024)
- MICHAEL ARMSTRONG, 15 SOUTH OLD STATE CAPITOL PLAZA, SPRINGFIELD, IL 62701
- Signed the 990
- ABBY POWELL, EXECUTIVE DIRECTOR
- Phone
- (217) 523-4905
- Website
- HTTP://WWW.ILLINOIS-TIF.COM
- Return prepared by
- CAPITAL ACCOUNTING & AUDIT
Mission
IMPROVING AND EXPANDING THE USE OF TAX INCREMENT FINANCING AND THE USE OF OTHER STATE AND FEDERAL TAX INCENTIVES. WITH THE INTENT OF FOSTERING SOUND ECONOMIC GROWTH IN THE STATE OF ILLINOIS, ITIA PROVIDES ITS MEMBERS WITH NUMEROUS OPPORTUNITIES FOR PROFESSIONAL DIALOGUE, EDUCATION AND EXCHANGE OF INFORMATION. IT DOES THIS THROUGH ITS CONFERENCES, ITS QUARTERLY NEWSLETTER AND LEGISLATIVE ALERTS, AND AN INFORMATIVE WEBSITE, AS WELL AS OTHER PUBLICATIONS, WORKSHOPS, SEMINARS, AND EVENTS OF INTEREST TO THE MEMBERSHIP.
Program accomplishments
- ITIA PROVIDES IT'S MEMBERS WITH NUMEROUS OPPORTUNITIES FOR PROFESSIONAL DIALOGUE, EDUCATION AND EXCHANGE OF INFORMATION THORUHG TWO CONFERENCES AND OTHER WORKSHOPS HELD THROUGHOUT THE YEAR.
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | Check at the IRS |
IRS record
- EIN
- 36-3543897
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $142,902
- Income (IRS master file)
- $261,740
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $261,740 | $219,740 | $142,902 | XML |
| 990 | June 2023 | $243,670 | $255,270 | $15,598 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 36-3543897).
Questions about ILLINOIS TAX INCREMENT ASSOCIATION
- What is the EIN of ILLINOIS TAX INCREMENT ASSOCIATION?
- The employer identification number (EIN) of ILLINOIS TAX INCREMENT ASSOCIATION is 36-3543897.
- Is ILLINOIS TAX INCREMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1990.
- Are donations to ILLINOIS TAX INCREMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ILLINOIS TAX INCREMENT 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 TAX INCREMENT ASSOCIATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ILLINOIS TAX INCREMENT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ILLINOIS TAX INCREMENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 names MICHAEL ARMSTRONG.
- Who are the officers and directors of ILLINOIS TAX INCREMENT ASSOCIATION?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does ILLINOIS TAX INCREMENT ASSOCIATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $261,740, expenses of $219,740 and total assets of $142,902 at year end.
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