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Lawyers Trust Fund Of Illinois

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363213132 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Lawyers Trust Fund Of Illinois?

The Lawyers Trust Fund of Illinois is a nonprofit organization situated in Chicago, Illinois. They are dedicated to granting funds to Illinois-based not-for-profit organizations that provide legal assistance to those in need. Their mission extends beyond just legal aid, as they also support programs that benefit the public, as approved by the Supreme Court of Illinois. The organization, which employs a team of six individuals, operates exclusively for public purposes.


Official website here: www.ltf.org

Is Lawyers Trust Fund Of Illinois legitimate?

Lawyers Trust Fund Of Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lawyers Trust Fund Of Illinois submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $194,124
Professional Fundraising Fees: $0
Other Salaries and Wages: $409,464

For more financial information, click here


Official website here: www.ltf.org

What is the mission statement of Lawyers Trust Fund Of Illinois?

The Lawyers Trust Fund of Illinois is a grant-providing organization with a mission to assist not-for-profit entities in Illinois. Their primary focus is on funding organizations that offer legal assistance to individuals in need. In addition to this, the organization may approve grants for public programs as determined by the Supreme Court of Illinois, solely for public purposes. The overarching goal is to improve access to legal services for the underprivileged population in Illinois.


Official website here: www.ltf.org

Who is the CEO of Lawyers Trust Fund Of Illinois?

Mark Marquardt is the Director/President of Lawyers Trust Fund Of Illinois.


Official website here: www.ltf.org

What is the revenue of Lawyers Trust Fund Of Illinois?

Lawyers Trust Fund Of Illinois's revenue in 2022 was $13,558,856.


Official website here: www.ltf.org

Who are the executives of Lawyers Trust Fund Of Illinois and what are their salaries?

The average compensation at Lawyers Trust Fund Of Illinois during 2022 was $100,598. There are 6 employees and 15 volunteers at Lawyers Trust Fund Of Illinois.

Here are 15 key members and their salaries:

    Mark Marquardt (Executive - Director)
  • Compensation: $134,284
  • Related: $0
  • Other: $43,732

    • Terri Smith-Ashford (Director Of Banking/Operations)
  • Compensation: $129,162
  • Related: $0
  • Other: $33,827

    • David Holtermann (General Counsel)
  • Compensation: $121,324
  • Related: $0
  • Other: $30,766

    • Shawn S Kasserman (Director/President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sally J Mcdonald (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelica W Wawrzynek (Secretary-Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryam Ahmad (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Barbara Crowder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Robert L Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamika R Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathon C Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcelo Halpern (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey A Mccullough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aurora Abella Austriaco (Director - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark D Hassakis (Director - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ltf.org

    Where can I find the form 990 for Lawyers Trust Fund Of Illinois?

    The Lawyers Trust Fund Of Illinois’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ltf.org

    Learn more at the official website: www.ltf.org

    Mission Statement of Lawyers Trust Fund Of Illinois

    The Lawyers Trust Fund of Illinois is a grant-providing organization with a mission to aid not-for-profit entities in Illinois that offer legal assistance to the economically disadvantaged population. Established for public purposes, this entity distributes funds specifically to qualifying organizations that cater to the legal needs of the impoverished. By doing so, the Lawyers Trust Fund of Illinois contributes significantly to ensuring equal access to justice for individuals who otherwise might face insurmountable legal challenges due to their financial circumstances. In addition to its primary focus, the organization may also approve grants for other programs deemed beneficial to the public as determined by the Supreme Court of Illinois.

    Impact

    This information is meant to be a general summary of Lawyers Trust Fund Of Illinois. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Lawyers Trust Fund Of Illinois plays a crucial role in providing grant funds to not-for-profit organizations that offer legal assistance to the poor throughout Illinois. By supporting these organizations, the Trust Fund helps ensure that individuals who may not otherwise have access to legal help can receive the necessary support. This impact contributes to promoting equal access to justice and upholding the rights of underprivileged members of society. Additionally, the Trust Fund's focus on philanthropy demonstrates a dedication to improving the well-being of the public through its grants and programs.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $359,273
  • Program Service Revenue: $13,191,582
  • Gross Receipts: $28,026,484

    • Assets and Liabilities:
  • Total Assets: $21,902,869
  • Total Liabilities: $6,321,978
  • Net Assets: $15,580,891
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    LEGAL AID FEES

    Revenue

    $7,180,053

    IOLTA INCOME

    Revenue

    $5,887,299

    UNIDENTIFIED IOLTA INCOME

    Revenue

    $124,230

    Organization Details

    Founding Year

    1983

    Principal Officer

    Mark Marquardt

    Main Address

    65 EAST WACKER PLACE 1900, CHICAGO, IL, 60601

    NTEE Category

    Code: T90Z - Philanthropy

    If you are a representative of Lawyers Trust Fund Of Illinois and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.