ILPA TREASURER Rob Ross Portfolio Manager, California State Teacher’s Retirement System PAGE 9 $3,000 $2,000 $1,000 $5,000 $4,000 0 $6,000 $7,000 $8,000 2013 2014 2015 2016 2017* ILPA Revenues and Expenses 2013-2017 40% 20% 80% 60% 0 100% 2013 2014 2015 2016 2017* 2013 2014 2015 2016 2017* l Revenues l Expenses l Member Dues l Events and Conferences l Education l Other l Events and Conferences l Education l Industry Affairs and Research l Operating Expenses** ILPA Revenue Composition 2013-2017 ILPA Expense Composition 2013-2017 *Unaudited ** Operating expenses includes staff compensation, benefits, IT, office and administrative and travel.