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Nonprofit · EIN 82-3638380

ILLINOIS ASSOCIATION OF ASSET MANAGERS

Tax-exempt · RIVERSIDE, IL 60546

Financials

$1$3K2023
Revenue Expenses · by fiscal year end
Financials of ILLINOIS ASSOCIATION OF ASSET MANAGERS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$1$2,802-$2,801$94,454$0$94,454
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$1
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,845

Balance sheet and other

Total assets, start of year
$97,255
Total assets, end of year
$94,454
Total liabilities, end of year
$0
Net assets, end of year
$94,454
Gross receipts
$1
Employees
0
Volunteers
2
Year formed
2017
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, 2023, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL RUEMMLERPRESIDENT
Trustee or director, Officer
1$0
WILL COUSINEAUDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
290 MAPLEWOOD RD, RIVERSIDE, IL 60546-1846
In care of
% MICHAEL RUEMMLER
Mailing address (990-N for 2024)
290 Maplewood Road, Riverside IL 60546
Principal officer (990 for 2023)
MICHAEL RUEMMLER, 290 MAPLEWOOD RD, RIVERSIDE, IL 60546
Principal officer (990-N for 2024)
Michael Ruemmler, 290 Maplewood Road, Riverside IL 60546
Signed the 990
MICHAEL RUEMMLER, PRESIDENT
Phone
(618) 204-1405
Return prepared by
BAKER TILLY US LLP

Mission

TO PROMOTE AND MAINTAIN AN ORGANIZATION FOR THE MUTUAL ADVANCEMENT AND WELFARE OF ITS MEMBERS AND OF THE ASSET MANAGEMENT INDUSTRY BY ALL PROPER, SUITABLE AND LAWFUL MEANS.

990 for the year ended December 31, 2023

Program accomplishments

  • TO EXCHANGE AND DISSEMINATE INFORMATION AMONG ITS MEMBERS AS TO IMPROVEMENTS, STANDARDS, AND ADVANCEMENTS IN THE ECONOMICS RELATIVE TO THE ASSET MANAGEMENT INDUSTRY.
  • TO MONITOR REGULATORY AND LEGISLATIVE COMMITTEES AND GOVERNMENTAL AGENCIES, PROVIDE INPUT TO THESE COMMITTEES AND AGENCIES WHERE NECESSARY, AND TO TAKE WHATEVER AFFIRMATIVE STEPS ARE REQUIRED TO PROTECT OUR INDUSTRY FROM ACTIONS OF THESE AGENCIES AND LEGISLATIVE BODIES IN THE BEST INTEREST OF OUR INDUSTRY AND ITS EMPLOYEES.
  • TO PARTICIPATE IN, OR SUPPORT, LEGAL ACTIONS TO THE EXTENT AND IN THE MANNER DEEMED APPROPRIATE IN EACH CASE, WHICH AFFECT THE INTERESTS OF THE ASSET MANAGEMENT INDUSTRY.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-3638380
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Michael Ruemmler
December 31, 2024≤ $50,000 receipts––e-Postcard
990December 2023$1$2,802$94,454XML
990December 2022$9$2,786$97,255IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 82-3638380).

Questions about ILLINOIS ASSOCIATION OF ASSET MANAGERS

What is the EIN of ILLINOIS ASSOCIATION OF ASSET MANAGERS?
The employer identification number (EIN) of ILLINOIS ASSOCIATION OF ASSET MANAGERS is 82-3638380.
Is ILLINOIS ASSOCIATION OF ASSET MANAGERS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2018.
Are donations to ILLINOIS ASSOCIATION OF ASSET MANAGERS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ILLINOIS ASSOCIATION OF ASSET MANAGERS file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ILLINOIS ASSOCIATION OF ASSET MANAGERS due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ILLINOIS ASSOCIATION OF ASSET MANAGERS last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of ILLINOIS ASSOCIATION OF ASSET MANAGERS?
The 990 for the year ended December 31, 2023 names MICHAEL RUEMMLER.
Who are the officers and directors of ILLINOIS ASSOCIATION OF ASSET MANAGERS?
The 990 for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
How much revenue does ILLINOIS ASSOCIATION OF ASSET MANAGERS have?
On its 990 for the year ended December 31, 2023 it reported revenue of $1, expenses of $2,802 and total assets of $94,454 at year end.

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