ILLINOIS ACADEMY OF FAMILY PHYSICIANS

BOLINGBROOK, IL, 60440 (331) 318-0680 Est. 1951 EIN 36-2150319

990 - Public charity return 501(c)(6)

www.iafp.com

Mission

TO PROMOTE EXCELLENCE IN THE HEALTH AND WELL-BEING OF THE PEOPLE OF ILLINOIS THROUGH SUPPORT AND EDUCATION OF FAMILY PHYSICIANS AND THE FAMILIES AND COMMUNITIES THEY SERVE.

Financials

Total Revenue

$1,735,275

Total Expenses

$1,964,815

Net Assets

$3,070,658

5 employees 24 volunteers

From latest filing (tax period ending 2025-09-30)

Financial Health

Operating Reserve

18.8 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 39.7%

Expenses ↓ 22.6%

Revenue Sources

Contributions 18.8% Earned revenue 65.5% Investment 15.3%

Officers & Key Employees (28)

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Grants Received (2)

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Filing History (8 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Oct 1, 2024 to Sep 30, 2025	$1,735,275 ↓	$1,964,815	$3,070,658
2023 990 - Public charity return Oct 1, 2023 to Sep 30, 2024	$2,877,043 ↑	$2,538,765	$3,238,174
2022 990 - Public charity return Oct 1, 2022 to Sep 30, 2023	$2,844,555 ↓	$2,184,588	$2,561,951
2021 990 - Public charity return Oct 1, 2021 to Sep 30, 2022	$3,210,965 ↑	$2,292,596	$1,646,322
2020 990 - Public charity return Oct 1, 2020 to Sep 30, 2021	$2,396,544 ↑	$1,762,613	$957,413
2019 990 - Public charity return Oct 1, 2019 to Sep 30, 2020	$1,571,618 ↓	$1,472,855	$353,026
2018 990 - Public charity return Oct 1, 2018 to Sep 30, 2019	$1,740,446 ↓	$1,899,664	$248,290
2017 990 - Public charity return Oct 1, 2017 to Sep 30, 2018	$1,949,562	$2,099,101	$449,298