NORTHERN ILLINOIS BUILDING CONTRACTORS CONSTRUCTION INDUSTRY ADVANCEMENT FUND

EIN: 362652475

ROCKFORD, IL

Total Revenue
$671,823
Total Expenses
$623,997
Total Assets
$1,785,678
Net Assets
$1,778,725
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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
1968
Legal Domicile
IL
Principal Officer
DAVID ANSPAUGH
Phone
8152295636
Tax Period
2025-01-01 to 2025-12-31

NORTHERN ILLINOIS BUILDING CONTRACTORS CONSTRUCTION INDUSTRY ADVANCEMENT FUND, founded in 1968, is a small nonprofit that reported $672K in total revenue in fiscal year 2025. Revenue decreased 13% compared to the prior year. Expenses of $624K left a modest 7% surplus.

Mission

PROMOTE AND ADVANCE CONSTRUCTION INDUSTRY IN NORTHERN ILLINOIS. PROVIDE CONSTRUCTION INDUSTRY IN NORTHERN ILLINOIS WITH TRAINING/EDUCATIONAL PROGRAMS, SAFETY MEASURES/TRAINING, AND ADVERTISING/PUBLIC RELATIONS ON UNION CONSTRUCTION.

Program Service Accomplishments

Program 1
Expenses: $222,303 Revenue: $631,728

ADVANCEMENT PROGRAM - PROMOTE & ADVANCE THE CONSTRUCTION INDUSTRY IN NORTHERN ILLINOIS THROUGH APPRENTICESHIP TRAINING & OTHER PROMOTIONAL/EDUCATIONAL PROGRAMS.

Program 2

SAFETY PROGRAM - PROMOTE & ADVANCE SAFETY MEASURES WITHIN THE CONSTRUCTION INDUSTRY OF NORTHERN ILLINOIS THROUGH JOB INSPECTIONS, TOOL BOX MEETINGS, OSHA COURSES, & OTHER EDUCATIONAL PROGRAMS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $631,256
Investment Income $40,095
Other Revenue $472
TOTAL REVENUE $671,823

Expense Breakdown

Grants Paid $17,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $222,303
Other Expenses $606,497
TOTAL EXPENSES $623,997

Year-over-Year Comparison

2025 2024 Change
Revenue $671,823 $774,051 -0.1%
Expenses $623,997 $590,119 +0.1%
Net Income $47,826 $183,932 -0.7%
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
7
Independent Members
7
Employees
N/A
Volunteers
9

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
3
$184,736
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH SCANDROLI JR PRESIDENT 1.00
Officer Director
$0 $0 $0
JAKE DYKSTRA TREASURER 1.00
Officer Director
$0 $0 $0
NATHAN HEINRICH TRUSTEE 1.00
Director
$0 $0 $0
CHRISTIE JARRETT TRUSTEE 1.00
Director
$0 $0 $0
STEVE SCHMELING TRUSTEE 1.00
Director
$0 $0 $0
JOEL SJOSTROM TRUSTEE 1.00
Director
$0 $0 $0
LAUREN SPENCER TRUSTEE 1.00
Director
$0 $0 $0
DAVID ANSPAUGH EXECUTIVE DIRECTOR 15.00
Officer
$0 $27,540 $184,736
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
2025 $671,823 $623,997 $1,785,678 $47,826
2024 No data No data No data No data
2023 $701,405 $536,520 $1,547,514 $164,885
2022 $545,546 $491,182 $1,382,912 $54,364
2021 $562,062 $496,135 $1,337,263 $65,927
2020 $534,543 $400,980 $1,262,820 $133,563
2019 $630,776 $491,871 $1,132,153 $138,905
2018 $740,691 $495,038 $998,251 $245,653
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