ILLINOIS ECONOMIC POLICY INSTITUTE

LA GRANGE, IL, 60525 (708) 375-1002 Est. 2013 EIN 46-3360695
S31 - Urban & Community Economic Development 990 - Public charity return 501(c)(4)
www.illinoisepi.org

Mission

THE ILLINOIS ECONOMIC POLICY INSTITUTE (ILEPI) IS A NONPROFIT, NONPARTISAN RESEARCH ORGANIZATION DEDICATED TO DELIVERING ACTIONABLE RESEARCH AND EXPERT ANALYSIS ON PUBLIC POLICY ISSUES IMPACTING BUSINESSES, WORKING FAMILIES, AND TAXPAYERS.

Financials

Total Revenue
$1,098,951
Total Expenses
$1,025,190
Net Assets
$619,986
4 employees
From latest filing (tax period ending 2025-05-31)

Financial Health

Operating Reserve
7.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 7.6%
Expenses ↓ 11.9%
Revenue Sources
Contributions 77.3% Other 23.0%
Expense Breakdown
Program 62.5% Management 37.5%

Officers & Key Employees (11)

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Grants Received (31)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jun 1, 2024 to May 31, 2025
$1,098,951 ↓$1,025,190$619,986
2023 990 - Public charity return
Jun 1, 2023 to May 31, 2024
$1,189,252 ↑$1,163,549$546,225
2022 990 - Public charity return
Jun 1, 2022 to May 31, 2023
$880,013 ↑$901,779$520,522
2021 990 - Public charity return
Jun 1, 2021 to May 31, 2022
$872,817 ↓$649,375$542,288
2020 990 - Public charity return
Jun 1, 2020 to May 31, 2021
$876,890 ↑$628,255$318,846
2019 990 - Public charity return
Jun 1, 2019 to May 31, 2020
$682,749 ↑$647,059$70,208
2017 990 - Public charity return
Jun 1, 2017 to May 31, 2018
$579,623 $603,718$57,637

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EIN: 46-3360695 · Source: IRS Form 990 e-file data