ILLINOIS ASSOCIATION OF NURSE ANES… - Form 990 Financial Data

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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

1939

Legal Domicile

Principal Officer

NICK COLLIER

Phone

2175286221

Tax Period

2024-10-01 to 2025-09-30

ILLINOIS ASSOCIATION OF NURSE ANESTHETISTS, founded in 1939, is a small nonprofit that reported $818K in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum.

Mission

PROMOTE SAFE ANESTHESIA CARE THROUGH THE ADVANCEMENT OF THE ART AND SCIENCE OF ANESTHESIOLOGY, FACILITATE MUTUAL COOPERATION AND UNDERSTANDING BETWEEN CRNA'S, ANESTHESIOLOGISTS AND OTHER HEALTH CARE PROVIDERS, AND TO ADVOCATE FOR JUST LAWS AS THEY PERTAIN TO NURSE ANESTHESIA.

Program Service Accomplishments

Program 1

Expenses: $512,597

CONFERENCES AND MEMBER MEETINGS ARE HELD IN ORDER TO ASSIST NURSE ANESTHETISTS TO MAINTAIN LICENSING AND THEREBY PROVIDE QUALITY PATIENT CARE WERE ATTENDED BY 320 INDIVIDUALS.

Program 2

Expenses: $23,459

NEWSLETTERS ARE PUBLISHED TO DISSEMINATE INFORMAITON TO MEMBERS ABOUT UPCOMING MEETINGS AND CURRENT ISSUES AFFECTING THE INTERESTS OF THE MEMBERSHIP TO THE 2,057 MEMBERS OF THE ORGANIZATION.

Program 3

Expenses: $185,025

MEMBERSHIP SUPPORT AND RECOGNITION FOR THE 2,180 MEMBERS OF THE ORGANIZATION INCLUDING THE ADVOCATING OF LAWS THAT AFFECT THE PRACTICE OF ANETHESIOLOGY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,000

Program Service Revenue $773,888

Investment Income $27,065

Other Revenue $0

TOTAL REVENUE $817,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $721,081

Other Expenses $839,795

TOTAL EXPENSES $839,795

Year-over-Year Comparison

	2024	2023	Change
Revenue	$817,953	$527,252	+0.6%
Expenses	$839,795	$351,189	+1.4%
Net Income	$-21,842	$176,063	-1.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACOB BONNEMA	DIRECTOR	2.00	Director	$0	$0	$0
JACOB BONNEMA	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS BOURGET	PAST PRESIDE	2.00	Officer Director	$0	$0	$0
SHELBY CHAN	DIRECTOR	2.00	Director	$0	$0	$0
BIJAL CHATURVEDI	DIRECTOR	2.00	Director	$0	$0	$0
JENNIFER CLEVENGER	PRESIDENT EL	2.00	Officer Director	$0	$0	$0
JENNIFER CLEVENGER	DIRECTOR	2.00	Director	$0	$0	$0
NICK COLLIER	PRESIDENT	2.00	Officer Director	$0	$0	$0
KIMBERLY KING	DIRECTOR	2.00	Director	$0	$0	$0
KELLY LANNERT	TREASURER	2.00	Officer Director	$0	$0	$0
JEFF MATSON	SECRETARY	2.00	Officer Director	$0	$0	$0
MINDY RUAN	DIRECTOR	2.00	Director	$0	$0	$0
AMY ULRICH	DIRECTOR	2.00	Director	$0	$0	$0
NIJMA YUSUF	DIRECTOR	2.00	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
2025	$817,953	$839,795	$943,518	$-21,842
2024	$527,252	$351,189	$1,048,559	$176,063
2023	$460,184	$450,832	$704,480	$9,352
2022	$318,573	$469,423	$706,127	$-150,850
2021	$374,632	$311,377	$927,087	$63,255
2020	$336,147	$285,530	$770,141	$50,617
2019	$398,191	$447,744	$675,334	$-49,553
2018	$368,443	$332,584	$736,300	$35,859

ILLINOIS ASSOCIATION OF NURSE ANESTHETISTS