Public Charity

ILLINOIS ECONOMIC POLICY INSTITUTE

Based in LA GRANGE, IL, ILLINOIS ECONOMIC POLICY INSTITUTE operates as a Public Charity. The organization reported $1.1M in revenue, $1.0M in expenses, $628K in total assets for fiscal year 2025. Imperigo tracks 34 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 463360695 LA GRANGE, IL Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$1.1M
Total Expenses$1.0M
Total Assets$628K
Grant Records34
Funding Total$1.2M
Filing Years2021–2025

Mission

THE ILLINOIS ECONOMIC POLICY INSTITUTE (ILEPI) IS A NONPROFIT, NONPARTISAN RESEARCH ORGANIZATION DEDICATED TO DELIVERING ACTIONABLE RESEARCH AND EXPERT ANALYSIS ON PUBLIC POLICY ISSUES IMPACTING BUSINESSES, WORKING FAMILIES, AND TAXPAYERS.

Where $100 goes at Illinois Economic Policy Institute

How Illinois Economic Policy Institute divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$38 Programs the work itself
$62 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $38 for programs

$38
The Illinois Economic Policy Institute (ilepi) is a nonprofit, nonpartisan research organization dedicated to delivering actionable research and expert analysis on public policy issues impacting businesses, working families…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
PROMOTES THOUGHTFUL ECONOMIC GROWTH FOR BUSINESSES AND WORKING FAMILIES.
$10,000

Showing up to 5 of 34 total records — full history available with membership.

Officers & Directors

DIRECTOR Antonio Munoz
DIRECTOR Chynna Hampton
DIRECTOR Dave Sullivan
DIRECTOR Deshana Forney
PRIOR EXECUTIVE DIRECTOR Francis P Manzo
DIRECTOR James Sweeney

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$847,300 6 grants
General Support
$238,829 20 grants
Fundraising & Sponsorship
$40,000 2 grants
Economic Development
$32,500 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $1.0M $628K
2024 $1.2M $1.2M $546K
2023 $880K $902K $521K
2022 $873K $649K $542K
2021 $877K $628K $319K

Between 2021 and 2025, reported annual revenue grew from $877K to $1.1M (+25%), with total assets most recently reported at $628K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ILLINOIS ECONOMIC POLICY INSTITUTE

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