ELECTRONIC REPRESENTATIVES ASSOC

EIN: 362197334

ELK GROVE VILLAGE, IL

Total Revenue
$1,879,156
Total Expenses
$1,406,277
Total Assets
$2,609,479
Net Assets
$1,192,994
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
IL
Principal Officer
WALTER TOBIN PRESIDENT
Phone
3124191432
Tax Period
2024-01-01 to 2024-12-31

ELECTRONIC REPRESENTATIVES ASSOC, founded in 1934, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $473K, a strong 25% operating margin.

Mission

THE ASSOCIATION'S PRIMARY PURPOSE IS DEVOTED TO FURTHERING THE KNOWLEDGE, PROVIDE INFORMATION AND PROVIDE SEMINARS TO AND ON BEHALF OF ITS MEMBERS AND OTHER INTERESTED PUBLIC.

Program Service Accomplishments

Program 1
Expenses: $732,478 Revenue: $888,518

1. THE ASSOCIATION RUNS A MAJOR MEETING INVITING ALL MEMBERS FOR EDUCATIONAL ACTIVITIES AND DISCUSSIONS ON THE STATUS AND FUTURE OF THE ELECTRONICS INDUSTRY. THE MEMBERS INCLUDE SALES...

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1. THE ASSOCIATION RUNS A MAJOR MEETING INVITING ALL MEMBERS FOR EDUCATIONAL ACTIVITIES AND DISCUSSIONS ON THE STATUS AND FUTURE OF THE ELECTRONICS INDUSTRY. THE MEMBERS INCLUDE SALES REPRESENTATIVES, DISTRIBUTORS AND MANUFACTURERS OF ELECTRONIC PRODUCTS.

Program 2
Expenses: $138,996 Revenue: $123,145

2. THE ASSOCIATION PUBLISHES A QUARTERLY MAGAZINE IN PRINT AND ON LINE AND ALSO PRODUCES A MEMBERSHIP DIRECTORY ON THE INTERNET FOR MEMBERS, MANUFACTURERS AND OTHER INTERESTED PUBLIC. THE MAGAZINE IS...

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2. THE ASSOCIATION PUBLISHES A QUARTERLY MAGAZINE IN PRINT AND ON LINE AND ALSO PRODUCES A MEMBERSHIP DIRECTORY ON THE INTERNET FOR MEMBERS, MANUFACTURERS AND OTHER INTERESTED PUBLIC. THE MAGAZINE IS WIDELY DISTRIBTUED.

Program 3
Expenses: $27,351 Revenue: $235,310

3. UNDER NORMAL CONDITIONS THE ORGANIZATION ATTENDS MAJOR INDUSTRY TRADE SHOWS TO BE IN CONTACT WITH MEMBERS, MAKE CONTACT WITH POTENTIAL MEMBERS TO EXPLAIN BENEFITS AND MEET WITH OTHER MEMBERS OF...

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3. UNDER NORMAL CONDITIONS THE ORGANIZATION ATTENDS MAJOR INDUSTRY TRADE SHOWS TO BE IN CONTACT WITH MEMBERS, MAKE CONTACT WITH POTENTIAL MEMBERS TO EXPLAIN BENEFITS AND MEET WITH OTHER MEMBERS OF THE INDUSTRY TO DISCUSS AND SUGGEST IDEAS ON IMPORTAT ISSUES. THE TRADE SHOWS ARE TAX EXEMPT. DUE TO COVID-19, THESE ACTIVITIES HAVE BEEN REDUCED. ROYALTIES HAVE BEEN RECEIVED FOR SPONSORSHIP. THERE IS ALSO A TRAINING PROGRAM FOR NEW MEMBERS.

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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 $481,918
Program Service Revenue $1,046,888
Investment Income $12,676
Other Revenue $337,674
TOTAL REVENUE $1,879,156

Expense Breakdown

Grants Paid $0
Salaries & Benefits $551,591
Fundraising Expenses $0
Program Expenses $1,014,687
Other Expenses $854,686
TOTAL EXPENSES $1,406,277

Year-over-Year Comparison

2024 2023 Change
Revenue $1,879,156 $1,482,495 +0.3%
Expenses $1,406,277 $1,193,648 +0.2%
Net Income $472,879 $288,847 +0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
N/A

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
9
$203,942
Total Directors
2
$203,942
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WALTER TOBIN PRESIDENT CEO 40.00
Officer Director
$203,942 $0 $203,942
SUSAN BANNWART CFO N/A
Director
$0 $0 $0
KEN BELLERO SR. VP/MANUF N/A
Officer
$0 $0 $0
ELLEN COAN SR. VP/EDUCA N/A
Officer
$0 $0 $0
KINGSLAND COOMBS SR. VP/AT LA N/A
Officer
$0 $0 $0
CAMERON ENGLISH SR. VP/INDUS N/A
Officer
$0 $0 $0
TOM GRIFFIN PRESIDENT &S N/A
Officer
$0 $0 $0
JOHN HUTSON SR. VP/MEMBE N/A
Officer
$0 $0 $0
JOHN O'BRIEN CHAIRMAN OF N/A
Officer
$0 $0 $0
GARY ZULLO SR. VP/DISTR N/A
Officer
$0 $0 $0
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 $1,879,156 $1,406,277 $2,609,479 $472,879
2023 $1,482,495 $1,193,648 $2,159,977 $288,847
2022 $1,088,228 $1,036,294 $1,677,126 $51,934
2021 $904,721 $718,410 $997,290 $186,311
2020 $973,680 $844,395 $664,861 $129,285
2019 $1,004,650 $837,623 $595,917 $167,027
2018 $795,099 $808,065 $429,695 $-12,966
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