INTERNATIONAL HOUSEWARES ASSOCIATION

EIN: 361239205

ROSEMONT, IL

Total Revenue
$17,683,084
Total Expenses
$13,628,330
Total Assets
$36,311,667
Net Assets
$18,322,400
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
IL
Principal Officer
DEREK MILLER
Phone
8472924200
Tax Period
2023-10-01 to 2024-09-30

INTERNATIONAL HOUSEWARES ASSOCIATION, founded in 1938, is a mid-sized nonprofit that reported $17.7M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.1M, a strong 23% operating margin.

Mission

IHA OWNS AND OPERATES THE INSPIRED HOME SHOW, THE WORLD'S PREMIER EXPOSITION OF PRODUCTS FOR THE HOME.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,072,408
Investment Income $1,528,690
Other Revenue $81,986
TOTAL REVENUE $17,683,084

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $5,518,057
Fundraising Expenses $0
Other Expenses $8,105,273
TOTAL EXPENSES $13,628,330

Year-over-Year Comparison

2023 2022 Change
Revenue $17,683,084 $15,303,689 +0.2%
Expenses $13,628,330 $13,143,794 +0.0%
Net Income $4,054,754 $2,159,895 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
41
Volunteers
95

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$871,993
Total Directors
18
$0
Key Employees
2
$750,968
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEAL ASBURY CHAIRMAN 0.40
Officer Director
$0 $0 $0
PAUL COSARO VICE CHAIRMAN 0.40
Officer Director
$0 $0 $0
MICHAEL OTTERMAN TREASURER 0.40
Officer Director
$0 $0 $0
KIM COLE DIRECTOR 0.40
Director
$0 $0 $0
GLENN DESTEFANO DIRECTOR 0.40
Director
$0 $0 $0
SCOTT FELSENTHAL DIRECTOR 0.40
Director
$0 $0 $0
SAL GABBAY DIRECTOR 0.40
Director
$0 $0 $0
STEVE GREENSPON DIRECTOR 0.40
Director
$0 $0 $0
MIKE HAYES DIRECTOR 0.40
Director
$0 $0 $0
LISA KNIERIM DIRECTOR 0.40
Director
$0 $0 $0
YVETTE LAUGIER DIRECTOR 0.40
Director
$0 $0 $0
JACOB MAURER DIRECTOR 0.40
Director
$0 $0 $0
WILLIAM MCHENRY DIRECTOR 0.40
Director
$0 $0 $0
TOM MCMAHON DIRECTOR 0.40
Director
$0 $0 $0
ROBERT MICHELSON DIRECTOR - PART YEAR 0.40
Director
$0 $0 $0
KEITH MIRCHANDANI DIRECTOR - PART YEAR 0.40
Director
$0 $0 $0
LUKE PETERS DIRECTOR 0.40
Director
$0 $0 $0
DAN SIEGEL DIRECTOR 0.40
Director
$0 $0 $0
DEREK MILLER PRESIDENT 40.00
Officer
$478,352 $72,249 $550,601
WILLIAM BRADY VP, FINANCE 40.00
Officer
$267,869 $53,523 $321,392
ADRIENNE TIRITILLI SENIOR VP, TRADE SHOW 40.00
Key Emp
$358,010 $61,133 $419,143
SEAN DALY VP, MEMBER & BUYER RELATIONS 40.00
Key Emp
$265,440 $66,385 $331,825
JOSH GREEN DIR, INFO TECHNOLOGY 40.00
Highest
$194,751 $34,356 $229,107
SHARON SCHATZ DIR, FINANCE 40.00
Highest
$190,302 $34,958 $225,260
PETER GIANNETTI DIR, EDITORIAL, CONTENT & EDUCATION 40.00
Highest
$199,408 $43,731 $243,139
NANCY MICHAEL DIR, TRADE SHOW BUSINESS DEV 40.00
Highest
$142,066 $14,147 $156,213
SHARON BELLOCK DIR, TRADE SHOW OPERATIONS 40.00
Highest
$137,034 $42,133 $179,167
DEAN KURTIS FORMER VP, FINANCE (RETIRED 9/21) 0.00
$108,456 $0 $108,456
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $17,683,084 $13,628,330 $36,311,667 $4,054,754
2023 $15,303,689 $13,143,794 $30,316,663 $2,159,895
2022 $17,333,971 $13,086,591 $20,313,834 $4,247,380
2021 $2,164,249 $7,277,212 $25,313,954 $-5,112,963
2020 $2,941,248 $11,839,624 $28,406,132 $-8,898,376
2019 $17,167,883 $16,780,308 $35,925,410 $387,575
2018 $16,495,865 $16,569,823 $36,530,110 $-73,958
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INTERNATIONAL HOUSEWARES ASSOCIATION with other nonprofits in Illinois and across the country.