ILLINOIS ASSOCIATION OF CHIEFS OF … - 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

1941

Legal Domicile

Principal Officer

KENNY WINSLOW

Phone

2175233765

Tax Period

2024-01-01 to 2024-12-31

ILLINOIS ASSOCIATION OF CHIEFS OF POLICE, founded in 1941, is a small nonprofit that reported $942K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $203K, a strong 22% operating margin.

Mission

TO PROMOTE THE PROFESSIONAL AND PERSONAL DEVELOPMENT OF ITS MEMBERS THROUGH SERVICES, TRAINING AND CAMARADERIE.

Program Service Accomplishments

Program 1

THE ASSOCIATION HAS CONFERENCES AND SEMINARS FOR ITS MEMBERS TO UPDATE THEM ON THE SCIENCE AND ART OF POLICE ADMINISTRATION AND CRIME PREVENTION.

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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 $135,616

Program Service Revenue $601,938

Investment Income $24,346

Other Revenue $179,689

TOTAL REVENUE $941,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $330,040

Fundraising Expenses $0

Other Expenses $408,443

TOTAL EXPENSES $738,483

Year-over-Year Comparison

	2024	2023	Change
Revenue	$941,589	$870,668	+0.1%
Expenses	$738,483	$725,105	+0.0%
Net Income	$203,106	$145,563	+0.4%

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

Volunteers

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

$134,913

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC MATON	PRESIDENT	10.00	Officer Director	$0	$0	$0
JOE LEONAS	1ST VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
DAN RYAN	2ND VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
ERIC BARDEN	3RD VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LOU JOGMEN	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
KIRK BRUEGGEMAN	VP AT-LARGE (REGION 1)	3.00	Officer Director	$0	$0	$0
DARREN GAULT	VP AT-LARGE (REGION 2)	3.00	Officer Director	$0	$0	$0
PATRICK KREIS	VP AT-LARGE (REGION 3)	3.00	Officer Director	$0	$0	$0
BOB PORTER	PARLIAMENTARIAN	3.00	Officer Director	$0	$0	$0
KENNY WINSLOW	EXECUTIVE DIRECTOR	45.00	Officer	$130,038	$4,875	$134,913

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	$941,589	$738,483	$1,312,658	$203,106
2023	$870,668	$725,105	$1,039,273	$145,563
2022	$788,175	$699,757	$941,979	$88,418
2021	$793,469	$604,060	$847,163	$189,409
2020	$491,664	$541,909	$689,440	$-50,245
2019	$722,618	$672,847	$792,725	$49,771
2018	$735,164	$631,875	$653,243	$103,289

ILLINOIS ASSOCIATION OF CHIEFS OF POLICE