Illinois Alumni Association FY2021 filing

Chicago, ILUnknown exempt organization EIN 43-1562439Revenue $96K in FY2021

On file with the IRS6107 N Knox Ave · Chicago, IL

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

The organization provides housing facilities, support and infrastructure to undergraduate students at the university of Illinois at urbana-champaign.

Mission: Form 990 Part I, line 1

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $369K a year · 66% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
7 mo
of spending, in cash
Plus $3.7M in investments, Pt X · Ln 11–13
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$37K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$96K
-97% vs prior year
Spent
$330K
Net assets
$9.6M
By yearFY2020–FY2025
Revenue
$96K
FY2021▼ -97%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.9M
FY2021$96K
FY2022$54K
FY2023$113K
FY2024$82K
FY2025$127K
Expenses
$330K
FY2021▲ +121%
Tap a bar for its year
Expenses by fiscal year
FY2020$150K
FY2021$330K
FY2022$523K
FY2023$59K
FY2024$27K
FY2025$38K
Net assets
$9.6M
FY2021-0.4%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.6M
FY2021$9.6M
FY2022$9.0M
FY2023$9.1M
FY2024$9.3M
FY2025$9.5M

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Chairman/ President
$0Pt VII · Sec A
Co Chair/Prop Committee Ch
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director/ Recolonization C
$0Pt VII · Sec A
Director/ Communications C
$0Pt VII · Sec A
Director/ Board Operations
$0Pt VII · Sec A
Director/ Investments
$0Pt VII · Sec A
See Illinois Alumni Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers housing, support, and infrastructure for University of Illinois undergraduate students.

Questions for Illinois Alumni Association

Tap to ask. Illinois Alumni Association sees how many people are interested.

Your first name shows with your question. Illinois Alumni Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · in their own filed words · FY2020
01

Maintenance and operation for the chapter house of alpha delta phi fraternity at the university of illinois at urbana-champaign.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $7K · 2024–2024

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$96K
Ln 12
Investment incomeLn 3$88K
Gifts and grantsLn 1h$8K
Money outPt IX
$330K
Ln 25
Owns and owesPt X
$9.6M
net assets · Ln 32
Cash and savingsLn 1–2$202K
Total assetsLn 16$9.6M
LiabilitiesLn 26$37K
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$8K
Investment incomeLn 3$88K
Gains on assetsLn 7$27K
Total revenueLn 12$96K
Assets in detailPt X, end of year
CashLn 1$170K
SavingsLn 2$33K
Cash and savings togetherLn 1–2$202K
InvestmentsLn 11–13$3.7M
Land, buildings, equipmentLn 10c$2.9M
Other assetsLn 15$2.8M
Total assetsLn 16$9.6M
LiabilitiesLn 26$37K
Net assetsLn 32$9.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$397K$202K
InvestmentsLn 11–13$6.1M$3.7M
Land, buildings, equipmentLn 10c$3.0M$2.9M
Total assetsLn 16$9.6M$9.6M
LiabilitiesLn 26$37K$37K
Net assetsLn 32$9.6M$9.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Legal feesLn 11b$9K
Information technologyLn 14$16K
OccupancyLn 16$16K
Depreciation, depletion and amortizationLn 22$111K
InsuranceLn 23$12K
Other expenses (24a–d)Ln 24$161K
All other expensesLn 24e$6K
Total functional expensesLn 25$330K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $127K$38K$90K$9.5M 990 PDF
FY2024 $82K$27K$56K$9.3M 990 PDF
FY2023 $113K$59K$54K$9.1M 990 PDF
FY2022 $54K$523K−$468K$9.0M 990 PDF
FY2021 Viewing $96K$330K−$234K$9.6M 990 PDF
FY2020 $2.9M$150K$2.7M$9.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $96,030 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,000$8,376
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,857,939$87,654
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $2,867,939$96,030
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $149,746$330,304
I-18 Total expensesPrior year $149,746$330,304
I-19 Revenue less expensesPrior year $2,718,193−$234,274
Part VI · Governance 11 of 11 board members independent, 4 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $96,030 across 5 lines filed
VIII-1b Membership dues$8,376
VIII-1h Total contributions, gifts and grants$8,376
VIII-3 Investment incomeExcluded from tax $60,620$60,620
VIII-7 Net gain or loss on sales of assetsExcluded from tax $27,034$27,034
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $87,654$96,030
Part IX · Statement of functional expenses $330,304 across 7 lines filed
IX-11b Legal fees$9,410
IX-14 Information technology$15,960
IX-16 Occupancy$15,651
IX-22 Depreciation, depletion and amortization$111,251
IX-23 Insurance$11,986
IX-24 Other expenses (24a–d)$160,524
IX-24e All other expenses$5,522
IX-25 Total functional expenses$330,304
Part X · Balance sheet $9,600,790 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $40,216$169,503
X-2 Savings and temporary cash investmentsStart of year $356,410$32,754
X-10c Land, buildings and equipment, netStart of year $3,045,513$2,934,262
X-11 Publicly traded securitiesStart of year $6,120,195$3,692,727
X-15 Other assetsStart of year $76,786$2,771,544
X-16 Total assetsStart of year $9,642,776$9,600,790
X-17 Accounts payable and accrued expensesStart of year $37,427$37,427
X-26 Total liabilitiesStart of year $37,427$37,427
X-27 Net assets without donor restrictionsStart of year $9,319,694$9,277,708
X-28 Net assets with donor restrictionsStart of year $285,655$285,655
X-32 Total net assets or fund balancesStart of year $9,605,349$9,563,363
X-33 Total liabilities and net assetsStart of year $9,642,776$9,600,790
Part XI · Reconciliation of net assets $9,563,363 net assets at year end
XI-1 Total revenue$96,030
XI-2 Total expenses$330,304
XI-3 Revenue less expenses−$234,274
XI-4 Net assets at start of year$9,605,349
XI-5 Net unrealized gains (losses) on investments$192,288
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,563,363

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.