Chicago, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FIREMENS MUTUAL AID & BENEFIT ASSOCIATION OF THE CITY OF CHICAGO of the City of Chicago, founded in 1897, is a small nonprofit that reported $927K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $792K left a modest 15% surplus.
This organization is to operate as a fraternal benefit society in accordance with the laws of the State of Illinois and provide such insurance and other benefits not inconsistent therewith. Any member of the Chicago Fire Department is eligible for membership, as are dependents of such members.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $926,550 | $1,175,069 | -0.2% |
| Expenses | $791,713 | $752,542 | +0.1% |
| Net Income | $134,837 | $422,527 | -0.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Lolita Travis | Secretary | 1 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Joseph Hoefling | President | 1 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Paul Goodman | Vice President | 1 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| John Cutich | Treasurer | 1 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Timothy Hunt | Trustee | 1 |
Director
|
$1,000 | $0 | $1,000 |
| Thomas Magliano | Director | 1 |
Director
|
$1,000 | $0 | $1,000 |
| James Mungovan | Director | 1 |
Director
|
$1,000 | $0 | $1,000 |
| Christopher Quinn | Director | 1 |
Director
|
$1,000 | $0 | $1,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $926,550 | $791,713 | $27,265,482 | $134,837 |
| 2022 | $1,175,069 | $752,542 | $25,575,269 | $422,527 |
| 2021 | $845,988 | $753,547 | $27,179,521 | $92,441 |
| 2020 | $826,755 | $716,146 | $24,211,813 | $110,609 |
Compare FIREMENS MUTUAL AID & BENEFIT ASSOCIATION OF THE CITY OF CHICAGO of the City of Chicago with other nonprofits in Illinois and across the country.