Overview

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Est.

1957

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Illinois Retail Merchants Association (EIN: 36-2352996) is a nonprofit organization dedicated to promoting the interests of retailers in Illinois, operating with a mission to serve as a business league for local retailers. With an operating budget of $5.9 million and total revenue of $6.7 million for the 2024 filing year, the organization relies on various funding sources, with no single funder contributing more than 50% of its revenue. More information can be found on their website at www.irma.org.

Mission Statement

BUSINESS LEAGUE OF ILLINOIS RETAILERS.
Revenues
$6.7M
Expenses
$5.9M
Net Income:
+$822.7K
Assets
$5.5M
Liabilities
$1M
Net Assets:
+$4.5M
Operating Budget
$5.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$6K
Largest grant received
$6K
R
Robert Karr
Board Member
M
Mary Ann Frank
Board Member
T
Tim Lehan
Board Member

Frequently Asked Questions

What is ILLINOIS RETAIL MERCHANTS ASSOCIATION’s budget?
In 2024, ILLINOIS RETAIL MERCHANTS ASSOCIATION reported an annual operating budget of around $5.9 million. More detailed financial information is available to registered users.
What causes does ILLINOIS RETAIL MERCHANTS ASSOCIATION support?
ILLINOIS RETAIL MERCHANTS ASSOCIATION supports work in Business promotion.
Where does ILLINOIS RETAIL MERCHANTS ASSOCIATION operate?
ILLINOIS RETAIL MERCHANTS ASSOCIATION is headquartered in Chicago, IL.
Who funded ILLINOIS RETAIL MERCHANTS ASSOCIATION recently?
In 2022, ILLINOIS RETAIL MERCHANTS ASSOCIATION received grants from Advanced Technology Alliance and RETAIL INDUSTRY LEADERS ASSOCIATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant ILLINOIS RETAIL MERCHANTS ASSOCIATION received in 2022?
The largest grant to ILLINOIS RETAIL MERCHANTS ASSOCIATION in 2022 exceeds $6,000.
What is ILLINOIS RETAIL MERCHANTS ASSOCIATION’s reliance on government grants?
ILLINOIS RETAIL MERCHANTS ASSOCIATION relied on government grants for more than 45% of their total revenue in 2024.