Illinois Telecommunications Associ… - 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

1982

Legal Domicile

Principal Officer

Randy Nehrt

Phone

2175721260

Tax Period

2025-01-01 to 2025-12-31

Illinois Telecommunications Association Inc, founded in 1982, is a small nonprofit that reported $683K in total revenue in fiscal year 2025. Expenses of $615K left a modest 10% surplus.

Mission

To create a forum for its members to identify and to examine issues of importance; to foster collaboration among its members; and to present on behalf of the telecommunications industry a unified position on matters of importance before the regulatory and legislative bodies of Illinois.

Program Service Accomplishments

Program 1

Expenses: $48,564 Revenue: $83,860

The three day annual convention creates a forum for the annual meeting of the members, general sessions to bring members up to date on legislative and regulatory issues affecting the industry, and a showcase to give the supplier and vendor members the opportunity to network and present the latest in equipment and services available.

Program 2

Expenses: $43,836 Revenue: $89,275

The two day fall vendors' showcase focuses on providing a venue for the supplier/vendor members to display and present the latest advances and services in technology exclusively to the telephone and wireless company's office, plant and field personnel, as well as providing an opportunity to network.

Program 3

Expenses: $396,804 Revenue: $449,146

Workshops and seminars are conducted to provide educational opportunities to the members.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $622,281

Investment Income $24,351

Other Revenue $36,750

TOTAL REVENUE $683,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,550

Fundraising Expenses $0

Program Expenses $489,204

Other Expenses $311,885

TOTAL EXPENSES $615,435

Year-over-Year Comparison

	2025	2024	Change
Revenue	$683,382	$645,684	+0.1%
Expenses	$615,435	$588,175	+0.0%
Net Income	$67,947	$57,509	+0.2%

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

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

$284,366

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barry Adair	Director	1.00	Director	$0	$0	$0
Mike Grisham	Vice Chairman	1.00	Officer Director	$0	$0	$0
Craig Hern	Director	1.00	Director	$0	$0	$0
James Broemmer	Treasurer	1.00	Officer Director	$0	$0	$0
Deno Perdiou	Director	1.00	Director	$0	$0	$0
Len Schwartz	Director	1.00	Director	$0	$0	$0
Kelly Shipley	Director	1.00	Director	$0	$0	$0
Ann Dickerson	Chairman	1.00	Officer Director	$0	$0	$0
Jay Griswold	Director	1.00	Director	$0	$0	$0
Eric Schmidt	Director	1.00	Director	$0	$0	$0
Dave Manfredo	Director	1.00	Director	$0	$0	$0
Kevin Kloehn	Director	1.00	Director	$0	$0	$0
Micheal Schultz	Director	1.00	Director	$0	$0	$0
Randy Nehrt	President	40.00	Officer	$189,456	$94,910	$284,366

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	$683,382	$615,435	$1,057,745	$67,947
2024	$645,684	$588,175	$969,658	$57,509
2023	$524,303	$546,470	$805,383	$-22,167
2022	$553,550	$547,053	$893,350	$6,497
2021	$471,257	$458,756	$1,143,037	$12,501
2020	$369,693	$402,337	$1,120,040	$-32,644
2019	$483,128	$473,735	$1,156,798	$9,393
2018	$484,392	$510,988	$1,211,285	$-26,596

Illinois Telecommunications Association Inc