ILLINOIS LICENSED BEVERAGE ASSOCIATION

EIN: 361680470

SPRINGFIELD, IL

Total Revenue
$504,479
Total Expenses
$477,987
Total Assets
$286,255
Net Assets
$261,203
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
IL
Principal Officer
KEITH WETHERELL
Phone
2175233232
Tax Period
2024-01-01 to 2024-12-31

ILLINOIS LICENSED BEVERAGE ASSOCIATION, founded in 1963, is a small nonprofit that reported $504K in total revenue in fiscal year 2024. Expenses of $478K left a modest 5% surplus.

Mission

PROMOTING AND DEFENDING THE INTERESTS OF WHOLESALE AND RETAIL LIQUOR BUSINESS.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,226
Program Service Revenue $400,145
Investment Income $9,838
Other Revenue $90,270
TOTAL REVENUE $504,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $244,344
Fundraising Expenses $0
Other Expenses $233,643
TOTAL EXPENSES $477,987

Year-over-Year Comparison

2024 2023 Change
Revenue $504,479 $477,052 +0.1%
Expenses $477,987 $509,937 -0.1%
Net Income $26,492 $-32,885 -1.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
29
Independent Members
29
Employees
4
Volunteers
29

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
8
$172,411
Total Directors
29
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLINT KOESTER DISTRICT VP 1.00
Director
$0 $0 $0
CONNIE CORNMESSER EXECUTIVE SECRETARY 1.00
Officer Director
$0 $0 $0
DONOVAN MELICAN DISTRICT VP 1.00
Director
$0 $0 $0
ERIC MEYER DISTRICT VP 1.00
Director
$0 $0 $0
ERICKA CATTERON DISTRICT VP 1.00
Director
$0 $0 $0
JANICE HEMANN DISTRICT VP 1.00
Director
$0 $0 $0
JAY GESNER NATIONAL DIRECTOR 1.00
Officer Director
$0 $0 $0
JIM DUNCAN DISTRICT VP 1.00
Director
$0 $0 $0
JOEY CANOVA DISTRICT VP 1.00
Director
$0 $0 $0
KENT WIESE DISTRICT VP 1.00
Director
$0 $0 $0
KEVIN STEDER DISTRICT VP 1.00
Director
$0 $0 $0
LARRY STEVENS DISTRICT VP 1.00
Director
$0 $0 $0
LONNIE HANNEKEN TREASURER 1.00
Officer Director
$0 $0 $0
MARTY JANSEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICK WANLESS DISTRICT VP 1.00
Director
$0 $0 $0
PAUL JEZIORSKI DISTRICT VP 1.00
Director
$0 $0 $0
PETE GWIZDALA PRESIDENT 1.00
Officer Director
$0 $0 $0
RANDY REHMER SERGEANT AT ARMS 1.00
Officer Director
$0 $0 $0
RITA PAVLIN DISTRICT VP 1.00
Director
$0 $0 $0
SAM WESTGATE IGMOA LIAISON 1.00
Director
$0 $0 $0
JIM SHIREY DISTRICT VP 1.00
Director
$0 $0 $0
IVAN FERNANDEZ DISTRICT VP 1.00
Director
$0 $0 $0
TOM GRACEFFA DISTRICT VP 1.00
Director
$0 $0 $0
TERRY DAVINROY DISTRICT VP 1.00
Director
$0 $0 $0
CHRIS LANDWEHR DISTRICT VP 1.00
Director
$0 $0 $0
BOB BIER DISTRICT VP 1.00
Director
$0 $0 $0
PAULA MATHERLY FUNDRAISING COORDINATOR 1.00
Director
$0 $0 $0
SEAN SMITH DISTRICT VP 1.00
Director
$0 $0 $0
ALI ROLLINS DISTRICT VP 1.00
Director
$0 $0 $0
KEITH WETHERELL EXECUTIVE DIRECTOR 40.00
Officer
$38,334 $0 $38,334
DAN CLAUSNER EXECUTIVE DIRECTOR 40.00
Officer
$134,077 $0 $134,077
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 $504,479 $477,987 $286,255 $26,492
2023 $477,052 $509,937 $291,349 $-32,885
2022 $480,454 $451,500 $360,553 $28,954
2021 $527,745 $408,465 $343,274 $119,280
2020 $339,732 $358,751 $164,721 $-19,019
2019 $470,948 $413,665 $171,749 $57,283
2018 $432,176 $419,985 $175,199 $12,191
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