ILLINOIS ELECTRONIC SECURITY ASSOCIATION

EIN: 363654474 Community Improvement

Itasca, IL

Total Revenue
$35,385
Total Expenses
$55,944
Total Assets
$62,883
Net Assets
$62,883
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
IL
Principal Officer
Augustino R Calderone I
Phone
2243479061
Tax Period
2024-01-01 to 2024-12-31

ILLINOIS ELECTRONIC SECURITY ASSOCIATION, founded in 1965, is a micro nonprofit in the Community Improvement sector that reported $35K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $56K exceeded revenue, resulting in a 58% operating deficit.

Mission

The Illinois Electronic Security Association actively engages in consumer and industry advocacy, promotes public safety and fosters positive relationships with police, fire and elected officials at the local, state and national levels. Regular Members are business entities licensed by the State of Illinois (225 ILCS 447/) as Private Alarm Contractors or Private Alarm Contractor Agencies that agree to conduct business in accordance with the Association's Bylaws, Code of Ethics and Anti-Trust Policy. Major business activities include installation, service or inspection of burglar alarm, fire alarm, closed circuit TV, access control, alarm monitoring and all other security services.

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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 $24,390
Program Service Revenue $10,995
Investment Income $0
Other Revenue $0
TOTAL REVENUE $35,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $15,000
Other Expenses $55,944
TOTAL EXPENSES $55,944

Year-over-Year Comparison

2024 2023 Change
Revenue $35,385 $53,259 -0.3%
Expenses $55,944 $56,426 0.0%
Net Income $-20,559 $-3,167 +5.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
9
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Augustino R Calderone II President 3.00
Director
$0 $0 $0
Nicholas Bonifas Past Chair 3.00
Director
$0 $0 $0
Steve Mayer Treasurer 3.00
Director
$0 $0 $0
Don Safford Secretary 3.00
Director
$0 $0 $0
Brad Tolliver Vice President 3.00
Director
$0 $0 $0
Chet Donati Director at Large 3.00
Officer
$0 $0 $0
Chris Folise Director at Large 3.00
Officer
$0 $0 $0
Jeff Schulz Director at Large 3.00
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 $35,385 $55,944 $62,883 $-20,559
2023 $53,259 $56,426 $83,442 $-3,167
2022 $52,793 $52,531 $86,609 $262
2021 $37,519 $51,881 $86,347 $-14,362
2020 $52,777 $50,318 $100,709 $2,459
2019 $67,494 $58,920 $98,250 $8,574
2018 $85,926 $54,300 $89,676 $31,626
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