Overview
What is Illinois Public Pension Fund Association?
The Illinois Public Pension Fund Association is a nonprofit organization situated in Elgin, Illinois. Its primary objective is to educate and train public pension trustees, providing them with valuable information about legislation and regulations. The association offers various training programs, such as a 32-hour certified public pension trustee school and a 16-hour advanced trustee school, in collaboration with Northern Illinois University. These courses are held throughout the state of Illinois, aiming to empower and equip trustees with the necessary knowledge and skills. The Illinois Public Pension Fund Association's mission is to protect, prepare, train, and assist its members, ensuring the well-being of public pension funds in Illinois. It also monitors, proposes, and supports legislation that benefits these funds. The association boasts a workforce of 20 dedicated individuals.
Official website here: www.ippfa.org
Is Illinois Public Pension Fund Association legitimate?
Illinois Public Pension Fund Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Illinois Public Pension Fund Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $278,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $222,419
For more financial information, click here
Official website here: www.ippfa.org
What is the mission statement of Illinois Public Pension Fund Association?
The Illinois Public Pension Fund Association's mission is centered around educating, protecting, preparing, training, and assisting public pension fund trustees and members. Their goal is to provide support and guidance for today, tomorrow, and the future. The association also monitors, proposes, and supports legislation beneficial to Illinois pension funds. They offer educational and training programs, such as a 32-hour certified public pension trustee school and a 16-hour advanced trustee school in collaboration with Northern Illinois University. These courses are held throughout the state to provide general assistance and support to public pension boards.
Official website here: www.ippfa.org
What is the revenue of Illinois Public Pension Fund Association?
Illinois Public Pension Fund Association's revenue in 2023 was $1,224,644.
Official website here: www.ippfa.org
Who are the executives of Illinois Public Pension Fund Association and what are their salaries?
The average compensation at Illinois Public Pension Fund Association during 2023 was $25,028. There are 20 employees at Illinois Public Pension Fund Association.
Here are 13 key members and their salaries:
- Compensation: $169,396
- Related: $0
- Other: $0
- Compensation: $9,000
- Related: $0
- Other: $0
- Compensation: $23,000
- Related: $0
- Other: $0
- Compensation: $10,250
- Related: $0
- Other: $0
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $6,700
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $6,700
- Related: $0
- Other: $0
- Compensation: $6,700
- Related: $0
- Other: $0
- Compensation: $6,700
- Related: $0
- Other: $0
- Compensation: $6,700
- Related: $0
- Other: $0
- Compensation: $4,500
- Related: $0
- Other: $0
Official website here: www.ippfa.org
Where can I find the form 990 for Illinois Public Pension Fund Association?
Illinois Public Pension Fund Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ippfa.org
Learn more at the official website: www.ippfa.org
Mission Statement of Illinois Public Pension Fund Association
The Illinois Public Pension Fund Association, often abbreviated as IPPFA, is an organization dedicated to supporting public pension funds. Its primary mission is threefold: education, protection, preparation, training, and assistance for the trustees and members of these funds. The association strives to equip these individuals with the necessary knowledge and tools to navigate the complex world of pension funds effectively.
IPPFA takes an active role in educating its members. It does this by providing information about legislation and regulations that impact public pension funds. Beyond this, the association offers training courses, such as a 32-hour Certified Public Pension Trustee School and a 16-hour Advanced Trustee School in collaboration with Northern Illinois University. These courses are held in various locations across Illinois, enabling trustees to enhance their skills and stay updated on industry developments.
In addition to education, IPPFA also plays a protective role. It monitors legislation and proposes or supports measures that are beneficial to Illinois pension funds. This proactive approach helps safeguard the interests of the funds and their members. Moreover, IPPFA offers general assistance and support to public pension boards throughout the state, ensuring that they have the resources they need to fulfill their responsibilities effectively.
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Impact
October, 2024
The Illinois Public Pension Fund Association plays a crucial role in the education and training of public pension trustees across the state. By offering programs such as the 32-hour Certified Public Pension Trustee School and a 16-hour Advanced Trustee School in partnership with Northern Illinois University, it equips trustees with the necessary knowledge and skills to effectively manage pension funds.
Through comprehensive training courses held statewide, the association ensures that trustees are well-prepared to make informed decisions regarding pension fund administration. Additionally, the association provides valuable information surrounding legislation and regulation, advocating for policies that enhance the management and sustainability of public pension funds.
By focusing on education, protection, and support for pension trustees, the Illinois Public Pension Fund Association significantly impacts the governance of public pension systems, ultimately contributing to their stability and longevity.
This information is meant to be a general summary of Illinois Public Pension Fund Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $49,691
- Program Service Revenue: $1,023,588
- Gross Receipts: $1,224,644
Assets and Liabilities:
- Total Assets: $2,506,856
- Total Liabilities: $348,306
- Net Assets: $2,158,550
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$495,533
SEMINAR INCOME
Revenue
$397,970
CERTIFIED PENSION
Revenue
$103,350
QUALIFIED SPONSORSHIPS
Revenue
$26,735
Organization Details
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