Illinois Electronic Security Association
- Assets
- $86.3k
- Revenue
- $37.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Itasca, IL
- Founding
- 03/1990
- Data as of
- 12/2021
- EIN
- 36-3654474
Organization Overview
Illinois Electronic Security Association is located in Itasca, IL. The organization was established in 1990. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Electronic Security Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Illinois Electronic Security Association generated $37.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $51.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ILLINOIS ELECTRONIC SECURITY ASSOCIATION ACTIVELY ENGAGES IN CONSUMER AND INDUSTRY ADVOCACY, PROMOTES PUBLIC SAFETY AND FOSTERS POSITIVE RELATIONSHIPS WITH POLICE, FIRE AND ELECTED OFFICIALS AT THE LOCAL, STATE AND NATIONAL LEVELS. REGULAR MEMBERS ARE BUSINESS ENTITIES LICENSED BY THE STATE OF ILLINOIS (225 ILCS 447/) AS PRIVATE ALARM CONTRACTORS OR PRIVATE ALARM CONTRACTOR AGENCIES THAT AGREE TO CONDUCT BUSINESS IN ACCORDANCE WITH THE ASSOCIATION'S BYLAWS, CODE OF ETHICS AND ANTI-TRUST POLICY. MAJOR BUSINESS ACTIVITIES INCLUDE INSTALLATION, SERVICE OR INSPECTION OF BURGLAR ALARM, FIRE ALARM, CLOSED CIRCUIT TV, ACCESS CONTROL, ALARM MONITORING AND ALL OTHER SECURITY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ILLINOIS ELECTRONIC SECURITY ASSOCIATION ACTIVELY ENGAGES IN CONSUMER AND INDUSTRY ADVOCACY, PROMOTES PUBLIC SAFETY AND FOSTERS POSITIVE RELATIONSHIPS WITH POLICE, FIRE AND ELECTED OFFICIALS AT THE LOCAL, STATE AND NATIONAL LEVELS. REGULAR MEMBERS ARE BUSINESS ENTITIES LICENSED BY THE STATE OF ILLINOIS (225 ILCS 447/) AS PRIVATE ALARM CONTRACTORS OR PRIVATE ALARM CONTRACTOR AGENCIES THAT AGREE TO CONDUCT BUSINESS IN ACCORDANCE WITH THE ASSOCIATION'S BYLAWS, CODE OF ETHICS AND ANTI-TRUST POLICY. MAJOR BUSINESS ACTIVITIES INCLUDE INSTALLATION, SERVICE OR INSPECTION OF BURGLAR ALARM, FIRE ALARM, CLOSED CIRCUIT TV, ACCESS CONTROL, ALARM MONITORING AND ALL OTHER SECURITY SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Reidy President | Officer | 3 | $0 |
Nick Bonifas Vice President | Officer | 3 | $0 |
Don Safford Secretary | Trustee | 3 | $0 |
Gus Calderone Treasurer | Trustee | 3 | $0 |
Scott Siebert Associate Committee Chair | Trustee | 3 | $0 |
Jeff Schulz Jeff Schulz Associate Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $30,260 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,260 |
| Total Program Service Revenue | $6,978 |
| Investment income | $281 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,519 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $24,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $529 |
| Fees for services: Lobbying | $18,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $133 |
| Office expenses | $58 |
| Information technology | $2,206 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,050 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,578 |
| All other expenses | $0 |
| Total functional expenses | $51,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,203 |
| Savings and temporary cash investments | $26,144 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $86,347 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $86,347 |
| Total liabilities and net assets/fund balances | $86,347 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
National Association Of Electrical Distributors St Louis, MO | $12,015,051 | $10,580,917 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |