Nonprofit · EIN 37-1183315
ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC
Tax-exempt · SPRINGFIELD, IL 62704
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $422,429 | $421,266 | $1,163 | $2,479,523 | $49,528 | $2,429,995 |
| December 31, 2024 | 990 | $447,261 | $395,214 | $52,047 | $2,740,684 | $311,852 | $2,428,832 |
| December 31, 2023 | 990 | $460,751 | $399,247 | $61,504 | $2,775,418 | $398,633 | $2,376,785 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $282,161
- Program service revenue
- $0
- Investment income
- $71,144
- Net rental income
- $66,980
- Net gain from sales of assets
- $7,270
- Other revenue
- $69,124
Expenses
- Grants and similar amounts paid
- $149,452
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,990
- Depreciation
- $44,740
- Program services (functional)
- $225,154
- Management and general (functional)
- $135,710
- Fundraising (functional)
- $60,402
Balance sheet and other
- Total assets, start of year
- $2,740,684
- Total assets, end of year
- $2,479,523
- Total liabilities, end of year
- $49,528
- Net assets, end of year
- $2,429,995
- Land, buildings and equipment
- $1,370,822
- Net assets without donor restrictions
- $1,897,969
- Net assets with donor restrictions
- $532,026
- Gross receipts
- $1,113,675
- Employees
- 0
- Volunteers
- 17
- Year formed
- 1985
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jessica Newbold Hoselton | Executive Director Officer | 1 | $187,650 | $0 | $49,250 |
| Erica Pinkley | Comptroller Officer | 1 | $0 | $93,314 | $19,110 |
| Mike Schmidt | Past Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Sharon Teefey | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LaVonne Chaney | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| James Barr | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Rainy Kaplan | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mary May | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Donna Engel | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Deloris Turner | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Wendy Wiegers | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Roger Hampton | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Jessica Newbold Hoselton | Executive Director Officer | 1 | $0 | $173,036 | $37,343 |
| Erica Pinkley | Comptroller Officer | 1 | $0 | $94,713 | $18,947 |
| William Funkhouser | Past Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Don Ostrom | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LaVonne Chaney | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jo Anne Nelson | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Caryn Graham | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| James Barr | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Linda Nott | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Susan Greene | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Beatrice Ann Johnson | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Marjorie Sucansky | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Wendy Wiegers | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Sharon W Urban | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Lanny Smith | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Mike Schmidt | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Rainy Kaplan | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mary May | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Deloris Turner | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| James Bachman | Executive Director Officer | 1 | $0 | $241,431 | $18,589 |
| Erica Pinkley | Comptroller Officer | 1 | $0 | $86,626 | $16,860 |
| Jessica Newbold Hoselton | Executive Director Officer | 1 | $0 | $12,738 | $0 |
| William Funkhouser | Past Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Don Ostrom | Treasurer Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LaVonne Chaney | Secretary Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jo Anne Nelson | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Caryn Graham | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| James Barr | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Linda Nott | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Susan Greene | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Judi Harland | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Marjorie Sucansky | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Wendy Wiegers | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Marilyn Myers | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Lanny Smith | Vice Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Mike Schmidt | Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Rainy Kaplan | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mary Kay | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Deloris Turner | Board Member Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 828 SOUTH SECOND STREET, SPRINGFIELD, IL 62704-2638
- Principal officer (990 for 2025)
- Jessica Newbold Hoselton, 828 South Second Street, Springfield, IL 62704
- Signed the 990
- Jessica Newbold Hoselton, Executive Director
- Phone
- (217) 523-8488
- Website
- www.irtaonline.org
- Return prepared by
- ECK SCHAFER & PUNKE LLP
Mission
Serving the needs of educators through leadership development, growth in self, and service to all mankind.
Program accomplishments
- The IRTA Foundation assists retired educators who struggle financially, awards scholarships to college students majoring in education, gives grants to classroom teachers for special projects.Expenses $225,154 · grants $149,452
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 37-1183315
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,479,523
- Income (IRS master file)
- $1,113,675
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $422,429 | $421,266 | $2,479,523 | XML |
| 990 | December 2024 | $447,261 | $395,214 | $2,740,684 | XML |
| 990 | December 2023 | $460,751 | $399,247 | $2,775,418 | XML |
| 990 | December 2022 | $891,648 | $522,469 | $2,815,539 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-1183315).
Questions about ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC
- What is the EIN of ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC?
- The employer identification number (EIN) of ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC is 37-1183315.
- Is ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names Jessica Newbold Hoselton.
- Who are the officers and directors of ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $187,650 (Jessica Newbold Hoselton, Executive Director).
- How much revenue does ILLINOIS RETIRED TEACHERS ASSOCIATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $422,429, expenses of $421,266 and total assets of $2,479,523 at year end.
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