ILLINOIS CHAPTER NATIONAL ELECTRICAL CONTRACTORS' ASSOCIATION

EIN: 370608857

SPRINGFIELD, IL

Total Revenue
$1,735,922
Total Expenses
$1,473,182
Total Assets
$6,282,184
Net Assets
$5,818,505
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1948
Legal Domicile
IL
Principal Officer
BILLY SERBOUSEK
Phone
2175859500
Tax Period
2025-01-01 to 2025-12-31

ILLINOIS CHAPTER NATIONAL ELECTRICAL CONTRACTORS' ASSOCIATION, founded in 1948, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2025. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $263K, a strong 15% operating margin.

Mission

ORGANIZED TO REPRESENT, PROMOTE AND ADVANCE THE INTERESTS OF THE ELECTRICAL CONTRACTING INDUSTRY.

Program Service Accomplishments

Program 1

TO REPRESENT, PROMOTE AND ADVANCE THE INTERESTS OF THE ELECTRICAL CONTRACTING INDUSTRY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,458,950
Investment Income $120,475
Other Revenue $156,497
TOTAL REVENUE $1,735,922

Expense Breakdown

Grants Paid $0
Salaries & Benefits $586,405
Fundraising Expenses $0
Other Expenses $886,777
TOTAL EXPENSES $1,473,182

Year-over-Year Comparison

2025 2024 Change
Revenue $1,735,922 $1,970,692 -0.1%
Expenses $1,473,182 $1,317,342 +0.1%
Net Income $262,740 $653,350 -0.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
4
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
$244,574
Total Directors
9
$5,914
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY GLAENZER GOVERNOR 2.00
Officer Director
$1,770 $0 $1,770
LES BENTON PRESIDENT 2.00
Officer Director
$3,019 $0 $3,019
RON MASTERS VICE-PRESIDENT 2.00
Officer Director
$1,125 $0 $1,125
RODNEY FREY JR TREASURER 2.00
Officer Director
$0 $0 $0
DAVID RATHJE DIRECTOR 2.00
Director
$0 $0 $0
DAVID CONDER DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW HINCHEE DIRECTOR 2.00
Director
$0 $0 $0
BRYAN VEST DIRECTOR 2.00
Director
$0 $0 $0
MATTHEW EICHHOLZ DIRECTOR 2.00
Director
$0 $0 $0
BILLY SERBOUSEK EXECUTIVE VICE-PRESIDENT 40.00
Officer
$198,494 $40,166 $238,660
BLAINE O'CONNELL CHAPTER ASSISTANT 40.00
Highest
$100,301 $29,531 $129,832
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 $1,735,922 $1,473,182 $6,282,184 $262,740
2024 $1,970,692 $1,317,342 $5,888,248 $653,350
2023 $1,464,782 $1,258,259 $5,066,606 $206,523
2022 $1,152,208 $1,115,335 $4,672,692 $36,873
2021 $1,425,447 $884,336 $5,023,556 $541,111
2020 $1,117,474 $835,032 $4,470,346 $282,442
2019 $1,134,606 $1,022,844 $3,979,099 $111,762
2018 $1,065,760 $986,143 $3,700,365 $79,617
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ILLINOIS CHAPTER NATIONAL ELECTRICAL CONTRACTORS' ASSOCIATION with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.