Illinois Association of Housing Authorities

EIN: 363215466

Savanna, IL

Total Revenue
$93,259
Total Expenses
$75,055
Total Assets
$151,048
Net Assets
$151,048
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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
1962
Legal Domicile
IL
Principal Officer
Ed Bochniak
Phone
8152737081
Tax Period
2019-10-01 to 2020-09-30

Illinois Association of Housing Authorities, founded in 1962, is a micro nonprofit that reported $93K in total revenue in fiscal year 2019. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $18K, a strong 20% operating margin.

Mission

Uniting members in advocacy and in the exchange of ideas.

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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 (2019)

Revenue Breakdown

Contributions & Grants $25,250
Program Service Revenue $20,885
Investment Income $532
Other Revenue $46,592
TOTAL REVENUE $93,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $34,767
Other Expenses $75,055
TOTAL EXPENSES $75,055

Year-over-Year Comparison

2019 2018 Change
Revenue $93,259 $128,804 -0.3%
Expenses $75,055 $112,003 -0.3%
Net Income $18,204 $16,801 +0.1%
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
21
Independent Members
21
Employees
N/A
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
5
$0
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randy McGill President 5.00
Officer Director
$0 $0 $0
Jackie Newman 1st Vice President 5.00
Officer Director
$0 $0 $0
Deanna Mitchell 2nd Vice President 5.00
Officer Director
$0 $0 $0
Ed Bochniak Treasurer 5.00
Officer Director
$0 $0 $0
Lindsey Morris Secretary 5.00
Officer Director
$0 $0 $0
Deb Alfredson Member 5.00
Director
$0 $0 $0
Derek Antonie Member 1.00
Director
$0 $0 $0
Peg Barkley Member 1.00
Director
$0 $0 $0
Chris Blechle Member 1.00
Director
$0 $0 $0
Chris Burns Member 1.00
Director
$0 $0 $0
Rhonda Cronin Member 1.00
Director
$0 $0 $0
Todd Fender Member 1.00
Director
$0 $0 $0
Jerry Gille Member 1.00
Director
$0 $0 $0
Diane Gregoire Member 1.00
Director
$0 $0 $0
Todd Harris Member 1.00
Director
$0 $0 $0
Gina Hardiek Member 1.00
Director
$0 $0 $0
Vicki Milstead Member 1.00
Director
$0 $0 $0
Michelle Perkins Member 1.00
Director
$0 $0 $0
Mark Sosnowski Member 1.00
Director
$0 $0 $0
Jaclyn Vinson Member 1.00
Director
$0 $0 $0
DiAnne Witsman Member 1.00
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
2020 $93,259 $75,055 $151,048 $18,204
2019 $128,804 $112,003 $138,544 $16,801
2018 $127,764 $116,155 $121,743 $11,609
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