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Illinois Fiscal Policy Council

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Public, Society Benefit — Multipurpose and Other / Public Finance, Taxation, Monetary Policy (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.76k (2024)

Expenses
$13.3k (2024)

Total Assets
$5.41k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,756
Expenses
$13,326
Net Income
-$9,570
Net Assets
$5,406
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,700
98.5%
Interest Revenue $56
1.5%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $8,000
60.0%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,406
Total Liabilities $0
Net Assets $5,406
Compensation
Key Employees and Officers Compensation Other
Robert Barr (Chairman) $0 $0
Cordelia Meyer (Executive Vice President) $0 $0
Judy Erwin (Board Member) $0 $0
Jim Nowlan (Board Member) $0 $0
Eric Fader (Board Member) $0 $0
Joan A Parker (Board Member) $0 $0
Scott Heyman (Board Member) $0 $0
Carol Portman (Secretary/Treasurer) $0 $0
Thomas Johnson (Board Member) $0 $0
Marvin Schaar (Board Member) $0 $0
Therese Mcguire (Board Member) $0 $0
Maurice Scholten (President) $0 $0

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$3,535
Expenses
$18,076
Net Income
-$14,541
Net Assets
$14,976
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $3,450
97.6%
Interest Revenue $85
2.4%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,500
69.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,976
Total Liabilities $0
Net Assets $14,976
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0
Eric Fader (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,607
Expenses
$15,301
Net Income
-$694
Net Assets
$29,517
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $14,500
99.3%
Interest Revenue $107
0.7%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,500
81.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $42,017
Total Liabilities $12,500
Net Assets $29,517
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0
Jim Eads (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$19,847
Expenses
$15,051
Net Income
$4,796
Net Assets
$30,211
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $19,750
99.5%
Interest Revenue $97
0.5%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,500
83.1%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $42,711
Total Liabilities $12,500
Net Assets $30,211
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$16,100
Expenses
$15,026
Net Income
$1,074
Net Assets
$25,415
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $16,000
99.4%
Interest Revenue $100
0.6%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $12,500
83.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $35,415
Total Liabilities $10,000
Net Assets $25,415
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$18,654
Expenses
$20,169
Net Income
-$1,515
Net Assets
$24,341
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $18,500
99.2%
Interest Revenue $154
0.8%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000
49.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $34,341
Total Liabilities $10,000
Net Assets $24,341
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$17,849
Expenses
$12,551
Net Income
$5,298
Net Assets
$25,856
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $17,750
99.4%
Interest Revenue $99
0.6%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000
79.7%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $35,856
Total Liabilities $10,000
Net Assets $25,856
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Rebecca Kline (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,119
Expenses
$12,886
Net Income
$1,233
Net Assets
$20,558
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $14,000
99.2%
Interest Revenue $69
0.5%
Dividends $0
Sales of Assets $0
Other Income $50
0.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,000
77.6%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $30,558
Total Liabilities $10,000
Net Assets $20,558
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Rebecca Kline (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0
Scott Heyman (Director) $0 $0
Jim Nowlan (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$14,068
Expenses
$13,856
Net Income
$212
Net Assets
$19,325
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $14,000
99.5%
Interest Revenue $68
0.5%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $11,000
79.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $29,325
Total Liabilities $10,000
Net Assets $19,325
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Rebecca Kline (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$53,304
Expenses
$38,850
Net Income
$14,454
Net Assets
$19,177
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $53,250
99.9%
Interest Revenue $54
0.1%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $35,326
90.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $19,177
Total Liabilities $0
Net Assets $19,177
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Rebecca Kline (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$10,030
Expenses
$10,645
Net Income
-$615
Net Assets
$4,743
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $10,000
99.7%
Interest Revenue $30
0.3%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $4,743
Total Liabilities $0
Net Assets $4,743
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Director) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Rebecca Kline (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0
Carol S Portman (Sec/Treas) $0 $0
Marvin Schaar (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$5,021
Expenses
$5,181
Net Income
-$160
Net Assets
$5,358
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $5,000
99.6%
Interest Revenue $21
0.4%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,823
Total Liabilities $465
Net Assets $5,358
Compensation
Key Employees and Officers Compensation Other
J Thomas Johnson (Sec/Treas) $0 $0
Harry Bond (Director) $0 $0
J Robert Barr (Chairman) $0 $0
Thomas K Jarrett (Director) $0 $0
Therese Mcguire (Director) $0 $0
Cordelia Meyer (Director) $0 $0
Fred Montgomery (Director) $0 $0
Rebecca Kline (Director) $0 $0
Joan A Parker (Director) $0 $0
Judy Erwin (Director) $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$221
Expenses
$52,227
Net Income
-$52,006
Net Assets
$5,517
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $221
100%
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $750
1.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $5,518
Total Liabilities $1
Net Assets $5,517

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$21,240
Expenses
$70,415
Net Income
-$49,175
Net Assets
$57,524
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $20,000
94.2%
Interest Revenue $1,191
5.6%
Dividends $0
Sales of Assets $0
Other Income $49
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $300
0.4%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $57,524
Total Liabilities $0
Net Assets $57,524

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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