STATE UNIVERSITIES ANNUITANTS ASSOCIATION ILLINOIS

EIN: 371073326

SPRINGFIELD, IL

Total Revenue
$558,396
Total Expenses
$597,640
Total Assets
$468,838
Net Assets
$468,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
IL
Principal Officer
LINDA BROOKHART
Phone
2175234040
Tax Period
2023-01-01 to 2023-12-31

STATE UNIVERSITIES ANNUITANTS ASSOCIATION ILLINOIS, founded in 1972, is a small nonprofit that reported $558K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

STATE UNIVERSITIES ANNUITANTS ASSOCIATION (SUAA), COMPOSED OF 12,000 MEMBERS, IS A VOLUNTARY MEMBER ASSOCIATION OF ANNUITANTS AND ACTIVE EMPLOYEES OF THE STATE UNIVERSITIES RETIREMENT SYSTEM OF ILLINIOIS (SURS). SUAA ADVOCATES A STRONG AND SECURE PUBLIC EMPLOYEE PENSION AND HEALTH BENEFIT SYSTEM WITH CONTINUOUS TRACKING OF BENEFIT ISSUES AND STATE FUNDING LEVELS FOR THE 135,000 PARTICIPANTS OF THE SURS PENSION SYSTEM AND THE STATE EMPLOYEE HEALTH INSURANCE PLAN. SUAA WORKS WITH ITS MEMBERS AND GOVERNMENT OFFICIALS TO ENHANCE BENEFITS FOR ALL ANNUITANTS AND TO ENSURE APPROPRIATE FUNDING FOR THOSE PROGRAMS. SUAA PUBLISHES A MONTHLY NEWSLETTER AND CONDUCTS AN ANNUAL MEETING FOR ITS MEMBERS. SUAA CHAPTERS ARE ON EVERY PUBLIC UNIVERSITY AND COMMUNITY COLLEGE CAMPUS IN ILLINOIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $14,527
Program Service Revenue $539,442
Investment Income $3,811
Other Revenue $616
TOTAL REVENUE $558,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $356,411
Fundraising Expenses $0
Program Expenses $479,381
Other Expenses $241,229
TOTAL EXPENSES $597,640

Year-over-Year Comparison

2023 2022 Change
Revenue $558,396 $602,384 -0.1%
Expenses $597,640 $556,030 +0.1%
Net Income $-39,244 $46,354 -1.8%
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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Governance

Voting Members
10
Independent Members
10
Employees
6
Volunteers
286

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
$137,848
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CUNNINGHAM PRESIDENT 1.00
Officer Director
$0 $0 $0
CRIS MILLIKEN VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BETTY ZEEDYK SECRETARY 1.00
Officer Director
$0 $0 $0
LARRY KLOC TREASURER 1.00
Officer Director
$0 $0 $0
THOMAS ROWAN REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
MARY JEANS REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
BARB DALLINGER REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
CATHY CARRUTHERS REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
RANDY DUNN REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
LINDA GUINN REGIONAL DIRECTOR 1.00
Director
$0 $0 $0
LINDA BROOKHART EXECUTIVE DIRECTOR 40.00
Officer
$137,848 $0 $137,848
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
2023 $558,396 $597,640 $468,838 $-39,244
2022 $602,384 $556,030 $507,332 $46,354
2021 $627,954 $561,035 $462,439 $66,919
2020 $636,301 $510,636 $396,565 $125,665
2019 $579,437 $572,587 $285,005 $6,850
2018 $600,476 $560,152 $270,420 $40,324
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