Overview
What is Illinois Retail Merchants Association Education Foundation?
The Illinois Retail Merchants Association Education Foundation is a charitable organization situated in Chicago, Illinois. Its primary mission is to support the retention and growth of Illinois retailers by fostering a deeper comprehension of the retail sector's significance to the state's economy. This encompasses various aspects, such as research, workforce development, scholarship programs, and resources for existing and potential retailers. In 2022, the organization granted scholarships to 27 individuals, totaling $43,550. Employees' families from member companies can benefit from these scholarship programs, and the organization manages the applications and administration process.
Is Illinois Retail Merchants Association Education Foundation legitimate?
Illinois Retail Merchants Association Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Illinois Retail Merchants Association Education Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Illinois Retail Merchants Association Education Foundation?
The Illinois Retail Merchants Association Education Foundation aims to support and promote the growth of Illinois retailers. This is achieved by fostering a deeper understanding of the retail sector's significance to the Illinois economy. The organization's focus extends beyond limits, encompassing research, workforce development, scholarships, and resources for both established and prospective retailers in Illinois.
Who is the CEO of Illinois Retail Merchants Association Education Foundation?
Brian Jordan is the Chair of Illinois Retail Merchants Association Education Foundation.
What is the revenue of Illinois Retail Merchants Association Education Foundation?
Illinois Retail Merchants Association Education Foundation's revenue in 2022 was $31,902.
Who are the executives of Illinois Retail Merchants Association Education Foundation and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Related: $159,865
- Other: $16,121
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- Compensation: $0
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Where can I find the form 990 for Illinois Retail Merchants Association Education Foundation?
Illinois Retail Merchants Association Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Illinois Retail Merchants Association Education Foundation
The Illinois Retail Merchants Association Education Foundation is committed to serving and supporting the retention and expansion of Illinois retailers. They achieve this by encouraging a deeper understanding of the Illinois retail sector and its significant impact on the state's economy. Their focus is not limited, encompassing various aspects such as research, workforce development, scholarships, and resources for both existing and prospective retailers in Illinois. The organization aims to contribute to the growth and sustainability of the retail industry in the state, recognizing its importance to the overall economic well-being of Illinois.
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Impact
August, 2024
The Illinois Retail Merchants Association Education Foundation's impact is focused on serving and supporting the retention and expansion of Illinois retailers by encouraging a deeper understanding of the Illinois retail sector and its importance to the state's economy. The foundation provides scholarships to the sons and daughters of employees of firms who are members of the Illinois Food Retailers Association. In 2022, the organization awarded scholarships to 27 individuals totaling $43,550. Through its activities, the foundation contributes to the development of the retail sector in Illinois and supports the education of individuals connected to the industry.
This information is meant to be a general summary of Illinois Retail Merchants Association Education Foundation. 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 2022.
- Investment Income: $2
- Gross Receipts: $31,902
Assets and Liabilities:
- Total Assets: $501,197
- Total Liabilities: $0
- Net Assets: $501,197
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Organization Details
Founding Year
1994
Phone
(630) 627-8100Principal Officer
Brian Jordan
Main Address
53 W JACKSON BLVD 518, CHICAGO, IL, 60606
NTEE Category
Code: B82 - Education
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