INDEPENDENT EQUIPMENT DEALERS ASSOC

EIN: 412042691 Community Improvement

WESTCHESTER, IL

Total Revenue
$722,714
Total Expenses
$753,746
Total Assets
$761,972
Net Assets
$347,265
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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
2002
Legal Domicile
IL
Principal Officer
KRISTIN WALDIE
Phone
7082693499
Tax Period
2025-01-01 to 2025-12-31

INDEPENDENT EQUIPMENT DEALERS ASSOC, founded in 2002, is a small nonprofit in the Community Improvement sector that reported $723K in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

SUPPORT EQUIPMENT DEALERS AS AN ASSOCIATION.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $713,444
Investment Income $9,270
Other Revenue $0
TOTAL REVENUE $722,714

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,293
Fundraising Expenses $0
Other Expenses $592,453
TOTAL EXPENSES $753,746

Year-over-Year Comparison

2025 2024 Change
Revenue $722,714 $584,440 +0.2%
Expenses $753,746 $593,147 +0.3%
Net Income $-31,032 $-8,707 +2.6%
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

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Governance

Voting Members
8
Independent Members
8
Employees
2
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
$154,431
Total Directors
8
$35,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE UDELSON PAST PRESIDENT 4.00
Officer Director
$0 $0 $0
CALEB PHILLIPS PRESIDENT 4.00
Officer Director
$0 $0 $0
KRISTIN WALDIE SECRETARY/TREASURER 10.00
Officer Director
$0 $35,600 $35,600
CALEB COLBORN VICE PRESIDENT 4.00
Officer Director
$0 $0 $0
DOUG BRYAN DIRECTOR 4.00
Director
$0 $0 $0
JEFF MILLER DIRECTOR 4.00
Director
$0 $0 $0
AL NIECE DIRECTOR 4.00
Director
$0 $0 $0
MIKE PENTZ DIRECTOR 4.00
Director
$0 $0 $0
DAVID GORDON EXECUTIVE DIRECTOR 37.00
Officer
$118,831 $0 $118,831
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 $722,714 $753,746 $761,972 $-31,032
2024 $584,440 $593,147 $777,410 $-8,707
2023 $550,971 $515,642 $746,634 $35,329
2022 $512,886 $488,103 $699,144 $24,783
2021 $381,651 $234,558 $647,074 $147,093
2020 $447,135 $316,776 $370,028 $130,359
2019 $431,632 $455,427 $372,738 $-23,795
2018 $390,647 $365,553 $224,171 $25,094
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