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Nonprofit · EIN 36-4271815

ILLINOIS BANKERS EDUCATION SERVICES INC

Tax-exempt · SPRINGFIELD, IL 62704

Financials

$1.7M$1.7M2023$1.6M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of ILLINOIS BANKERS EDUCATION SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,603,999$1,597,051$6,948$159,439$227,524-$68,085
December 31, 2023990$1,657,131$1,660,428-$3,297$92,354$167,387-$75,033
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,594,701
Investment income
$0
Other revenue
$9,298

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,500
Program services (functional)
$745,439
Management and general (functional)
$851,612

Balance sheet and other

Total assets, start of year
$92,354
Total assets, end of year
$159,439
Total liabilities, end of year
$227,524
Net assets, end of year
-$68,085
Land, buildings and equipment
$40,178
Net assets without donor restrictions
-$68,085
Gross receipts
$1,603,999
Employees
0
Volunteers
7
Year formed
1999
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
Ben JacksonSecretary/Treas
Trustee or director, Officer
1$0
Andrew ButtsBoard Member
Trustee or director
1$0
Jennifer ComptonBoard Member
Trustee or director
1$0
Sarah DolanBoard Member
Trustee or director
1$0
John ArmstrongBoard Member
Trustee or director
1$0
Jacqueline FlickBoard Member
Trustee or director
1$0
Eva GalassiniChairman
Trustee or director, Officer
1$0
Joshua HusemanBoard Member
Trustee or director
1$0
Joshua IshmaelBoard Member
Trustee or director
1$0
Frank PettawayVice Chairman
Trustee or director
1$0
Christine ShultzBoard Member
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
Lyndee FeinBoard Member
Trustee or director
1$0
Megan CollinsBoard Member
Trustee or director
1$0
Ryan MartzBoard Member
Trustee or director
1$0
Denise WardBoard Member
Trustee or director
1$0
John ArmstrongBoard Member
Trustee or director
1$0
Denise PerezBoard Member
Trustee or director
1$0
Eva GalassiniChairman
Trustee or director, Officer
1$0
Dawn SchmidtBoard Member
Trustee or director
1$0
Robert J Stroh IIIVice Chairman
Trustee or director, Officer
1$0
Rachel SelvaggioBoard Member
Trustee or director
1$0
Callan StapletonSecretary-Treas
Officer
40$0

Address and contacts

Address (IRS master file)
3201 WEST WHITE OAKS DRIVE 400, SPRINGFIELD, IL 62704-6457
In care of
% ILLINOIS BANKERS ASSOCIATION
Principal officer (990 for 2024)
Ben Jackson, 3201 West White Oaks Drive 400, Springfield, IL 62704
Signed the 990
Ben Jackson, Secretary/Treas
Phone
(217) 789-9340
Return prepared by
Pehlman & Dold PC

Mission

To provide education that will improve the skills of employees of commercial banks, savings & loans, other financial institutions, and interested parties.

990 for the year ended December 31, 2024

Program accomplishments

  • Various Other Conferences and Small Programs
    Expenses $318,296 · revenue $789,395
  • The trade show / conference is held in June annually. The annual conference brings together bankers, directors, and other interested parties to provide bankers with numerous educational offerings, while providing an opportunity to network with their peers and other business associates to exchange ideas and foster growth in the financial industry. Attendees include bankers, spouses, exhibitors, staff, and speakers.
    Expenses $160,340 · revenue $297,005
  • Self-study, online classes and schools on a variety of topics are offered to Illinois financial institutions on an ongoing basis. There are virtually hundreds of course combinations through these delivery methods offered to the industry.
    Expenses $148,534 · revenue $216,841
  • Full and a half day seminars held throughout the state for all levels of bank employees and bank directors. During the year, there were 22 topics offered in varying locations over 43 times to nearly 500 Illinois banks and savings institutions.
    Expenses $118,269 · revenue $291,460

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
36-4271815
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B50)
Assets (IRS master file)
$159,439
Income (IRS master file)
$1,603,999

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,603,999$1,597,051$159,439XML
990December 2023$1,657,131$1,660,428$92,354XML
990December 2022$1,442,352$1,617,503$167,362IRS
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 36-4271815).

Questions about ILLINOIS BANKERS EDUCATION SERVICES INC

What is the EIN of ILLINOIS BANKERS EDUCATION SERVICES INC?
The employer identification number (EIN) of ILLINOIS BANKERS EDUCATION SERVICES INC is 36-4271815.
Is ILLINOIS BANKERS EDUCATION SERVICES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to ILLINOIS BANKERS EDUCATION SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ILLINOIS BANKERS EDUCATION SERVICES 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 ILLINOIS BANKERS EDUCATION SERVICES 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 ILLINOIS BANKERS EDUCATION SERVICES 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 ILLINOIS BANKERS EDUCATION SERVICES INC?
The 990 for the year ended December 31, 2024 names Ben Jackson.
Who are the officers and directors of ILLINOIS BANKERS EDUCATION SERVICES INC?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does ILLINOIS BANKERS EDUCATION SERVICES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,603,999, expenses of $1,597,051 and total assets of $159,439 at year end.

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