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Economic Impact Survey: Illinois Associations Ranked Among Industry's Top Employers, Salaries, Revenue Generators CHICAGO – A new study, Associations Matter: Associations by the Numbers, released recently by the American Society of Association Executives & The Center for Association Leadership highlights the significant economic impact of associations on a national and state-by-state basis. Illinois ranks among the top four states for the number of professionals employed by associations, annual average wages paid and revenue generated by associations, according to the study. Click here to read more. Economic Impact Study of the Chicagoland Association Community There are 1,733 1 voluntary membership organizations headquartered in the Chicagoland area. Chicago is home to more associations than any other region outside of the Washington D.C. metropolitan area. 2 The gross annual revenue of Chicagoland associations is more than $9 billion. Chicagoland associations employ approximately 47,000 people, with a gross annual payroll of $3.3 billion 3. Average annual compensation of $70,000 per employee is similar to other professional fields, including architects, accountants, nurses and engineers 4. These organizations occupy 18 million square feet of office space (23 percent own the space they occupy) 5. Chicagoland associations serve more than 37 million members and 9 million donors, worldwide 6. In a recent national survey of associations, two-thirds reported that membership was expected to increase over the next 2 to 3 years 7. In 2005-2006, they sponsored 1,075 trade shows, 6,672 board and committee meetings and 27,238 seminars, conferences, conventions and other meetings in the Chicago area. Ninety percent of Chicagoland-based associations hold meetings in the area every year 8. The 2.1 million people attending these Chicago-based events 9 spent $1.7 billion for lodging, food, taxi cabs, entertainment and other activities during their visits 10. The visitors who attend these association-sponsored events accounted for 833,000 hotel "room nights" in Chicagoland hotels 11. The spending by visitors who attend association-sponsored meetings in Chicagoland directly supports 19,000 jobs in the hospitality, transportation, retail, entertainment and food service industry in the region. In addition, those who attend association-sponsored events generated $80 million in state tax receipts and $39 million for local tax coffers 12. Because 75 percent of Chicagoland associations are national or international in scope, they also sponsored 5,102 trade shows, 7,379 board and committee meetings and 10,546 seminars, conferences, conventions and other meetings held outside of the Chicagoland area, around the world. These events were attended by 15 million people 13 who generated $11.5 billion in delegate expenditures14. Chicago-based associations support other service industries through their spending 15:
Comparison of Chicagoland area employment 17:
Other comparisons:
Illinois Employment Data 21:
1 Encyclopedia of Associations, 43rd edition 2006. Thompson Gale. Farmington Hills, MI. 2 American Society of Association Executives website, 2006. 3 Economic Impact Study, 2006. Association Forum of Chicagoland. Data compiled by Harris Interactive. 4 Bureau of Labor Statistics, U.S. Department of Labor. Website search 2006. 5 Economic Impact Study, 2006. Association Forum of Chicagoland. Data compiled by Harris Interactive. 6 Ibid. 7 ASAE/Center for Association Leadership 2005 Associations Advance America study. 8 Ibid. 9 Ibid. 10 Multiplier provided by the Chicago Convention and Tourism Bureau, 2004 data. 11 Economic Impact Study, 2006. Association Forum of Chicagoland. Data compiled by Harris Interactive 12 Derived from "The Economic Impact of Travel on Illinois Counties 2005" Illinois Bureau of Tourism, August 2006. 13 Economic Impact Study, 2006. Association Forum of Chicagoland. Data compiled by Harris Interactive. 14 Multiplier provided by the Chicago Convention and Tourism Bureau, 2004 data. 15 Economic Impact Study, 2006. Association Forum of Chicagoland. Data compiled by Harris Interactive. 16 Ibid. 17 Crain's Business Chicago, "Chicago's Largest Employers" 8/1/05. 18 ESPN.Com web site, November 2006. 19 Crain's Chicago Business, "Book of Lists" 2006. 20 Website research 2006. 21 Illinois Department of Employment Security. Data from 2005.
The 2006 Economic Impact Study sponsored by the Association Forum of Chicagoland was conducted by Harris Interactive. Additional information was obtained from the Chicago Convention & Tourism Bureau, Crain's Chicago Business, the Bureau of Labor Statistics, the Illinois Department of Employment Security, Illinois Bureau of Tourism, ESPN.com, ASAE & The Center for Association Leadership, the 2006-2007 Association Compensation and Benefits Survey published by the Association Forum of Chicagoland and the Web sites of various companies noted in the report. Funding for the 2006 Economic Impact Study was provided by the Association Forum of Chicagoland Foundation. Important Links Chicagoland's Associations FAQ PDF of Economic Impact Study brochure River View Column for December 11, 2006 -- Measures of Success: The Power of Associations Survey: Illinois Association ranked Among Industry's Top Employers, Salaries, Revenue Generators |
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