Civic Intelligence

National Multiple Sclerosis Society Greater Illinois Chapter

990 • Fiscal year 2014 • EIN 36-2249887

Oct 01, 2013 to Sep 30, 2014 • Filed on Mar 27, 2015

525 W Monroe Street No 90060661

(312) 421-4500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

60th percentile

0.30x

Higher debt load relative to assets than 60% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

45th percentile

0.15x

Higher debt load relative to revenue than 45% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

49th percentile

2.4%

Higher net margin than 49% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

71st percentile

$172,111

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

13th percentile

-6.5%

Faster asset growth than 13% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$4,425,330

Down $308,048 (-6.5%) from 2013

Net Assets

Up

$3,106,712

Up $233,606 (+8.1%) from 2013

Liabilities

Down

$1,318,618

Down $541,654 (-29%) from 2013

Revenue

$8,571,884

No earlier filing loaded for comparison.

Expenses

Up

$8,362,570

Up $1,731,438 (+26%) from 2013

Net Income

$209,314

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,142,508Liabilities 2010: $2,588,018Net Assets 2010: $554,4902010Assets 2011: $3,723,831Liabilities 2011: $2,315,482Net Assets 2011: $1,408,3492011Assets 2012: $3,004,877Liabilities 2012: $1,578,053Net Assets 2012: $1,426,8242012Assets 2013: $4,733,378Liabilities 2013: $1,860,272Net Assets 2013: $2,873,1062013Assets 2014: $4,425,330Liabilities 2014: $1,318,618Net Assets 2014: $3,106,7122014Assets 2015: $5,243,320Liabilities 2015: $844,623Net Assets 2015: $4,398,6972015Assets 2016: $6,507,990Liabilities 2016: $966,030Net Assets 2016: $5,541,9602016

Highlighted filing

2014

Assets$4,425,330
Liabilities$1,318,618
Net Assets$3,106,712

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0Expenses 2010: $6,588,4242010Expenses 2011: $6,222,4432011Expenses 2012: $6,201,9412012Expenses 2013: $6,631,1322013Revenue 2014: $8,571,884Expenses 2014: $8,362,570Net Income 2014: $209,3142014Revenue 2015: $9,243,228Expenses 2015: $7,814,623Net Income 2015: $1,428,6052015Revenue 2016: $9,699,093Expenses 2016: $8,627,541Net Income 2016: $1,071,5522016

Highlighted filing

2014

Revenue$8,571,884
Expenses$8,362,570
Net Income$209,314
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Mar 27, 2015
Return Version
2013v4.0
Gross Receipts
$9,686,807
Mission and Program Overview

Mission

People affected by ms can live their best lives as we stop ms in its tracks, restore what has been lost and end ms forever.

Our vision is a world free of ms

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,596,830$3,524,305▼ $72,525
Investments in Publicly Traded Securities-$400,196-
Pledges and Grants Receivable$817,056$304,007▼ $513,049
Land, Buildings, and Equipment, Net$232,950$172,952▼ $59,998
Prepaid Expenses and Deferred Charges$86,542$23,870▼ $62,672
Total Assets$4,733,378$4,425,330▼ $308,048
Liabilities
Other Liabilities$979,511$673,834▼ $305,677
Accounts Payable and Accrued Expenses$377,776$601,512▲ $223,736
Deferred Revenue$502,985$43,272▼ $459,713
Total Liabilities$1,860,272$1,318,618▼ $541,654
Net Assets / Fund Balance
Unrestricted Net Assets$2,445,623$2,674,568▲ $228,945
Permanently Rstr Net Assets$370,000$370,000→ $0
Temporarily Rstr Net Assets$57,483$62,144▲ $4,661
Total Net Assets Fund Balance$2,873,106$3,106,712▲ $233,606
Total Liabilities and Net Assets / Fund Balance$4,733,378$4,425,330▼ $308,048

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$84,615$357,491$442,106
Other Land Buildings$88,337$157,095$245,432

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$377,675-▲ $32,227$39,902$370,000
2012$827,924-▲ $392$450,641$377,675
2011$827,449-▲ $1,524$1,049$827,924
2010$826,147-▲ $4,454$3,152$827,449
2009$884,954-▲ $10,785$69,592$826,147
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John BlazekChapter President - FormerFT$165,391$6,720$172,111
Mike SheltonTreasurer---$172,111
Revenue and Support

Revenue Composition

Contributions and Grants
$9,470,486
Program Service Revenue
$210
Investment Income
$9,225
Other Revenue
$-908,037
All Other Contributions
$2,650,117
Change in Net Assets
$209,314

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$34,458Fair Market Value (FMV)
Securities Publicly Traded3$12,397Stock Quote
Total Noncash Contributions6$46,855-

Audited Revenue Reconciliation

Revenue per Audited Statements
$8,571,884
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$94,542
Total Revenue per Audited Statements
$8,666,426
Total Revenue per Form 990
$8,571,884
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$6,022,459
Salaries, Compensation, and Employee Benefits$2,169,847
Total Fundraising Expense$1,324,582
Grants and Similar Amounts Paid$170,264
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates$4,210,661--$4,210,661
Other Salaries and Wages$1,109,774$157,592$346,175$1,613,541
Occupancy$352,590$58,170$124,237$534,997
Fees for Services Other$87,940$12,389$266,862$367,191
Office Expenses$184,784$22,042$144,177$351,003
Other Expenses$34,721$5,421$260,530$300,672
Other Employee Benefits$131,096$20,698$41,987$193,781
Grants to Domestic Individuals$170,264--$170,264
Payroll Taxes$111,122$18,333$36,004$165,459
Current Officers, Directors, Trustees, and Key Employees$78,882$39,441$39,441$157,764
Conferences and Meetings$104,539$3,172$14,176$121,887
Travel$43,958$2,707$29,385$76,050
Depreciation Depletion$40,295$6,647$13,056$59,998
Pension Plan Contributions$26,395$4,355$8,552$39,302
Total Functional Expenses$354$0$0$354

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$8,432,820
Expenses per Audited Statements$8,362,570
Total Expenses per Form 990$8,362,570
Expenses Not Reported on Form 990$70,250
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,092,908
Fundraising Gross Income$150,439
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$2,764,340-$191,924-
Event 2$1,512,064-$169,493-
Total Events$6,970,808$150,439$1,092,908$-942,469
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No

Reported Spending and Taxes

Line ItemAmount
Political Expenditures$0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent and Lease Incentive$557,112
Capital Lease Obligation$64,893
Due to Other Chapters$51,829
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Chapter membership consists of all persons who are members of the society and who reside within (or who have previously resided within and have indicated that they wish to retain their membership) the chapter's territory.

Form 990, Part VI, Section A, Line 7A

The chapter holds a meeting of its members annually for the purposes of electing a board of trustees, considering the treasurer's report of the accounts of the chapter (subject to audit and adjustment) and any other reports that may be presented, and for the transaction of such other business as may properly come before the meeting.

Form 990, Part VI, Section B, Line 11

The chapter's audit committee reviews and approves the irs form 990 and accompanying schedules prior to distribution to the entire board. A copy of the irs form 990 and accompanying schedules is provided to the entire board with a period for providing comments, edits or corrections prior to submission to the irs.

Form 990, Part VI, Section B, Line 12C

On an annual basis, the audit committee reviews the conflict of interest forms filed by the trustees, officers and employees for potential conflicts. Where potential conflicts exist, the trustee, officer or employee is not allowed to participate in any vote or discussion of the disclosed matter. At the current time no potential conflicts of interest have been identified.

Form 990, Part VI, Section B, Line 15

The compensation committee which is comprised of at least three but no more than five independent trustees determines the compensation of the president and other key employees. The national organization provides each chapter with comparable salary data for presidents and other key positions at national multiple sclerosis society chapters and other voluntary health agencies of similar budget size(s) and geographical location(s). In addition, the chapter president's performance is evaluated annually in a joint review process by the national organization's ceo or a designee and the local committee of independent trustees. The president conducts performance evaluations for the other key employees the outcome of which is shared with the compensation committee to help inform their decisions about compensation.

Form 990, Part VI, Section C, Line 19

The chapter's governing documents and conflict of interest policy are available upon request. The chapter's irs form 990 and financial statements are available on the chapter's website and will also be provided in a hard copy format upon request.

Filing and Contact Details

Filer

EIN
36-2249887
Phone
3124214500

Signing Officer

Name
Holly Messick
Title
Chapter President
Phone
3124214500
Signed
2015-03-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Holly Messick
Formed
1953
Legal Domicile
Il
Voting Board Members
29
Independent Board Members
28
Employees
42
Volunteers
1,502

Preparer

Preparer
Kenneth L Tornheim
Phone
3126707444
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

The organization endowment fund is used for direct assistance to individuals living with multiple sclerosis.

PART X, LINE 2:

Society management has analyzed the tax positions it has taken and has concluded that, as of september 30, 2014, there were no uncertain tax positions taken or are expected to be taken. Accordingly, no interest or penalties related to uncertain tax positions have been accrued in the accompanying financial statements. The chapter is subject to audits by taxing jurisdictions; however, no audits for any tax periods are currently in progress. Management believes that the chapter is no longer subject to such audits for years ended on or prior to september 30, 2010 under federal and other state tax jurisdictions.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt24TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt26VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt27SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt28CHAPTER PRESIDENT - FORMER
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IRS990/MissionDesc0PEOPLE AFFECTED BY MS CAN LIVE THEIR BEST LIVES AS WE STOP MS IN ITS TRACKS, RESTORE WHAT HAS BEEN LOST AND END MS FOREVER.
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IRS990/PoliticalCampaignActyInd00
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