Associated General Contractors Of Illinois Industry Advancement Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,313,896 | 749,830 | 564,066 | 9.0 | 0% |
| 2021 | 1,152,339 | 733,611 | 418,728 | 16.1 | 0% |
| 2022 | 1,219,895 | 872,919 | 346,976 | 17.4 | 0% |
| 2023 | 1,264,647 | 1,194,998 | 69,649 | 13.8 | 0% |
In its most recent public year (2023), this organization brought in $69,649 more than it spent. Its reserves stood at about 13.8 months of spending, up from 9 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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