CALUMET AREA INDUSTRIAL COMMISSION

EIN: 362647579 501(c)(3) Employment

CHICAGO, IL

Total Revenue
$5,205,031
Total Expenses
$5,174,677
Total Assets
$1,064,951
Net Assets
$701,742
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
IL
Principal Officer
Theodore M STALNOS
Phone
7739286000
Tax Period
2023-01-01 to 2023-12-31

CALUMET AREA INDUSTRIAL COMMISSION, founded in 1967, is a community nonprofit in the Employment sector that reported $5.2M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

VOLUNTARY ASSOCIATION OF INDUSTRY AND SUPPLIERS TO INDUSTRY, WHICH EXISTS TO ATTRACT, DEVELOP AND RETAIN INDUSTRY IN THE CALUMET REGION.

Program Service Accomplishments

Program 1
Expenses: $5,112,234 Revenue: $4,949,571

VOLUNTARY ASSOCIATION OF INDUSTRY AND SUPPLIERS TO INDUSTRY, WHICH EXISTS TO ATTRACT, DEVELOP AND RETAIN INDUSTRY IN THE CALUMET REGION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,145,265
Program Service Revenue $59,766
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,205,031

Expense Breakdown

Grants Paid $4,839,202
Salaries & Benefits $78,395
Fundraising Expenses $25,294
Program Expenses $5,112,234
Other Expenses $257,080
TOTAL EXPENSES $5,174,677

Year-over-Year Comparison

2023 2022 Change
Revenue $5,205,031 $4,579,916 +0.1%
Expenses $5,174,677 $4,536,013 +0.1%
Net Income $30,354 $43,903 -0.3%
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
46
Independent Members
46
Employees
39
Volunteers
23

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
11
$145,061
Total Directors
45
$145,061
Key Employees
2
$265,060
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TED STALNOS PRESIDENT/DIRECTOR 40.00
Officer Director Key Emp Highest
$145,061 $0 $145,061
Graciel Garcia Key Employee 40.00
Key Emp Highest
$119,999 $0 $119,999
DAVID DILLON Vice President 2.00
Officer Director
$0 $0 $0
ALBERT RAFFIN Vice President 2.00
Director
$0 $0 $0
MICHELE STiCKLE DIRECTOR 2.00
Director
$0 $0 $0
MARK O'MALLEY DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BILL CULLEN DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
JOHN CZULNO DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BILL HASSE DIRECTOR 2.00
Director
$0 $0 $0
SIMON BEEMSTERBOER DIRECTOR 2.00
Director
$0 $0 $0
TONY REINHART DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
TOM VAN ETTEN DIRECTOR 2.00
Officer Director
$0 $0 $0
EDWARD GARNER Vice President/Secretary 2.00
Officer Director
$0 $0 $0
DAVID DOIG DIRECTOR 2.00
Director
$0 $0 $0
MEGAN DUNN DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
FRANK IGLESKI DIRECTOR 2.00
Director
$0 $0 $0
ROBERT BUSHWALLER FORMER CHAIRMAN 2.00
Director
$0 $0 $0
TOM LIVINGSTON DIRECTOR/VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MIKE BARIKENON Vice President 2.00
Director
$0 $0 $0
CORY FOSTER DIRECTOR 2.00
Director
$0 $0 $0
BILL SANDRICK DIRECTOR 2.00
Director
$0 $0 $0
DARICE WRIGHT DIRECTOR 2.00
Director
$0 $0 $0
JIM DUNNE DIRECTOR/VICE CHAIRMAN 2.00
Director
$0 $0 $0
HAL TOLIN DIRECTOR 2.00
Director
$0 $0 $0
Patricia Ryan-Vincent Director 2.00
Director
$0 $0 $0
Ruth Grissman Director 2.00
Director
$0 $0 $0
Jacob Zasada Director 2.00
Director
$0 $0 $0
KEN MC CREADIE DIRECTOR 2.00
Director
$0 $0 $0
Jackie Rouse DIRECTOR 2.00
Director
$0 $0 $0
Joshua Farr Director 2.00
Director
$0 $0 $0
Laurie Duzynski Director 2.00
Director
$0 $0 $0
John Loannou DIRECTOR 2.00
Director
$0 $0 $0
Dave Sena DIRECTOR 2.00
Director
$0 $0 $0
Eric Darlinger DIRECTOR 2.00
Director
$0 $0 $0
Elayne Granger DIRECTOR 2.00
Director
$0 $0 $0
Michael Giglio DIRECTOR 2.00
Director
$0 $0 $0
Lou Duzynski Director/Treasurer 2.00
Director
$0 $0 $0
Kevin Qu DIRECTOR 2.00
Director
$0 $0 $0
Jason Stengel DIRECTOR 2.00
Director
$0 $0 $0
Kelly Gardner DIRECTOR 2.00
Director
$0 $0 $0
Pete Rotundo DIRECTOR 2.00
Director
$0 $0 $0
Scott Thompson DIRECTOR 2.00
Director
$0 $0 $0
Robert Fimbianti DIRECTOR 2.00
Director
$0 $0 $0
Herbert Smith DIRECTOR 2.00
Director
$0 $0 $0
Dr Janine Janosky DIRECTOR 2.00
Director
$0 $0 $0
KRISTINE SHIELDS DIRECTOR 2.00
Officer Director
$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 No data No data No data No data
2023 $5,205,031 $5,174,677 $1,064,951 $30,354
2021 $3,130,682 $2,899,836 $970,071 $230,846
2019 $2,033,760 $1,982,330 $588,137 $51,430
2018 $2,126,925 $2,026,440 $621,503 $100,485
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