Painters Employers Cooperation & Education Trust of Illinois is a 501(c)(5) organization based in Collinsville, Illinois, registered in 2000, with $313,033 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$313K
▼ 10.8% vs prior year
Employment median: $367K
Expenses (FY2024)
$280K
Net assets
$447K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Painters Employers Cooperation & Education Trust of Illinois— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Painters Employers Cooperation & Education Trust of Illinois: 19 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Painters Employers Cooperation & Education Trust of Illinois— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Painters Employers Cooperation & Education Trust of Illinois: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $339K (FY2013) to $313K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
10.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$477K
Total liabilities
$30K
Net assets
$447K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $313,033▼10.8% | $280,405▲12.2% | $446,632▲7.9% | $476,582▲12.2% | 990 |
| 2023 | $350,872▲8.1% | $249,837▲12.0% | $414,004▲32.3% | $424,811▲35.7% | 990 |
| 2022 | $324,545▲12.9% | $223,101▼25.7% | $312,969▲48.0% | $312,969▲39.0% | 990 |
| 2021 | $287,457▲2.8% | $300,111▲18.3% | $211,525▼5.6% | $225,107▼4.9% | 990 |
| 2020 | $279,715▼25.9% | $253,754▼37.1% | $224,179▲13.1% | $236,718▲13.0% | 990 |
| 2019 | $377,333▼0.6% | $403,667▲12.9% | $198,218▼11.7% | $209,562▼20.4% | 990 |
| 2018 | $379,722▼6.0% | $357,444▼20.8% | $224,552▲11.0% | $263,358▲18.7% | 990 |
| 2017 | $404,037▼30.6% | $451,148▼21.0% | $202,274▼18.9% | $221,883▼13.3% | 990 |
| 2016 | $582,443▲27.8% | $571,084▲12.4% | $249,385▲4.8% | $255,945▲7.3% | 990 |
| 2015 | $455,735▲47.9% | $507,942▲53.0% | $238,026▼18.0% | $238,641▼21.9% | 990 |
| 2014 | $308,042▼9.2% | $331,971▲52.6% | $290,233▼7.6% | $305,408▼6.9% | 990 |
| 2013 | $339,321 | $217,486▼4.7% | $314,162▲63.3% | $327,980▲64.8% | 990 |
| 2012 | — | $228,329 | $192,327 | $199,043 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Painters Employers Cooperation & Education Trust of Illinois (EIN 37-1377590) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.