Civic Intelligence

Association Forum of Chicagoland

EIN 36-2330308 • 501(c)6 • Chicago, IL

Profile

To advance the professional practice of association management.

10 S Riverside Pl 800Chicago, IL 60606

www.associationforum.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

80th percentile

0.42x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.54x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

42nd percentile

1.9%

Higher net margin than 42% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

87th percentile

$301,013

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

13th percentile

-11%

Faster asset growth than 13% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

83rd percentile

25%

Faster revenue growth than 83% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$3,585,041

Down $463,400 (-11%) from 2024

Liabilities

Down

$1,498,477

Down $388,274 (-21%) from 2024

Net Assets

Down

$2,086,564

Down $75,126 (-3.5%) from 2024

Revenue

Up

$2,786,775

Up $548,440 (+25%) from 2024

Expenses

Down

$2,732,576

Down $409,265 (-13%) from 2024

Net Income

Up

$54,199

Up $957,705 (+106%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $3,912,151Liabilities 2010: $769,623Net Assets 2010: $3,142,5282010Assets 2012: $4,752,422Liabilities 2012: $1,787,087Net Assets 2012: $2,965,3352012Assets 2013: $4,898,497Liabilities 2013: $1,940,308Net Assets 2013: $2,958,1892013Assets 2014: $4,705,397Liabilities 2014: $1,743,441Net Assets 2014: $2,961,9562014Assets 2015: $4,333,681Liabilities 2015: $1,362,107Net Assets 2015: $2,971,5742015Assets 2016: $3,976,612Liabilities 2016: $1,417,769Net Assets 2016: $2,558,8432016Assets 2017: $4,876,651Liabilities 2017: $2,048,474Net Assets 2017: $2,828,1772017Assets 2018: $5,623,073Liabilities 2018: $2,064,761Net Assets 2018: $3,558,3122018Assets 2019: $6,119,247Liabilities 2019: $2,352,830Net Assets 2019: $3,766,4172019Assets 2020: $5,775,207Liabilities 2020: $2,128,018Net Assets 2020: $3,647,1892020Assets 2021: $5,891,078Liabilities 2021: $1,682,771Net Assets 2021: $4,208,3072021Assets 2022: $5,117,540Liabilities 2022: $1,220,668Net Assets 2022: $3,896,8722022Assets 2023: $4,806,432Liabilities 2023: $2,103,479Net Assets 2023: $2,702,9532023Assets 2024: $4,048,441Liabilities 2024: $1,886,751Net Assets 2024: $2,161,6902024Assets 2025: $3,585,041Liabilities 2025: $1,498,477Net Assets 2025: $2,086,5642025

Highlighted filing

2025

Assets$3,585,041
Liabilities$1,498,477
Net Assets$2,086,564

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $3,486,2012010Expenses 2012: $3,797,8082012Expenses 2013: $3,788,6412013Revenue 2014: $3,699,043Expenses 2014: $3,908,201Net Income 2014: -$209,1582014Revenue 2015: $3,466,022Expenses 2015: $3,498,639Net Income 2015: -$32,6172015Revenue 2016: $3,326,087Expenses 2016: $3,534,636Net Income 2016: -$208,5492016Revenue 2017: $3,510,693Expenses 2017: $3,337,663Net Income 2017: $173,0302017Revenue 2018: $3,418,497Expenses 2018: $2,893,433Net Income 2018: $525,0642018Revenue 2019: $3,453,330Expenses 2019: $3,298,523Net Income 2019: $154,8072019Revenue 2020: $3,728,416Expenses 2020: $3,332,693Net Income 2020: $395,7232020Revenue 2021: $1,817,209Expenses 2021: $2,426,254Net Income 2021: -$609,0452021Revenue 2022: $2,681,144Expenses 2022: $2,647,636Net Income 2022: $33,5082022Revenue 2023: $2,073,356Expenses 2023: $2,917,045Net Income 2023: -$843,6892023Revenue 2024: $2,238,335Expenses 2024: $3,141,841Net Income 2024: -$903,5062024Revenue 2025: $2,786,775Expenses 2025: $2,732,576Net Income 2025: $54,1992025

Highlighted filing

2025

Revenue$2,786,775
Expenses$2,732,576
Net Income$54,199

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.59$1.50$2.09$2.79$2.73$0.05
2024Detailed filing. Detailed filing data is available for this year.$4.05$1.89$2.16$2.24$3.14$0.90
2023Detailed filing. Detailed filing data is available for this year.$4.81$2.10$2.70$2.07$2.92$0.84
2022Detailed filing. Detailed filing data is available for this year.$5.12$1.22$3.90$2.68$2.65$0.03
2021Detailed filing. Detailed filing data is available for this year.$5.89$1.68$4.21$1.82$2.43$0.61
2020Detailed filing. Detailed filing data is available for this year.$5.78$2.13$3.65$3.73$3.33$0.40
2019Detailed filing. Detailed filing data is available for this year.$6.12$2.35$3.77$3.45$3.30$0.15
2018Detailed filing. Detailed filing data is available for this year.$5.62$2.06$3.56$3.42$2.89$0.53
2017Detailed filing. Detailed filing data is available for this year.$4.88$2.05$2.83$3.51$3.34$0.17
2016Detailed filing. Detailed filing data is available for this year.$3.98$1.42$2.56$3.33$3.53$0.21
2015Detailed filing. Detailed filing data is available for this year.$4.33$1.36$2.97$3.47$3.50$0.03
2014Detailed filing. Detailed filing data is available for this year.$4.71$1.74$2.96$3.70$3.91$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.90$1.94$2.96$3.79
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.75$1.79$2.97$3.80
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$0.77$3.14$3.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2024 to Mar 31, 2025
Signed
Mar 16, 2026
Return Version
2024v5.2
Gross Receipts
$3,567,504
Mission and Program Overview

Mission

To advance the professional practice of association management.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,747,913$2,682,927▼ $64,986
Cash and Non-Interest-Bearing Accounts$349,902$215,443▼ $134,459
Land, Buildings, and Equipment, Net$224,203$169,332▼ $54,871
Accounts Receivable$149,317$88,810▼ $60,507
Prepaid Expenses and Deferred Charges$34,931$11,665▼ $23,266
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$4,048,441$3,585,041▼ $463,400
Other Assets Total$542,175$416,864▼ $125,311
Liabilities
Other Liabilities$960,577$741,987▼ $218,590
Deferred Revenue$692,752$601,601▼ $91,151
Accounts Payable and Accrued Expenses$233,422$154,889▼ $78,533
Total Liabilities$1,886,751$1,498,477▼ $388,274
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,161,690$2,086,564▼ $75,126
Total Net Assets Fund Balance$2,161,690$2,086,564▼ $75,126
Total Liabilities and Net Assets / Fund Balance$4,048,441$3,585,041▼ $463,400

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$30,505$219,773-
Leasehold Improvements$138,827$386,064-
Other Assets Org$455,091--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Artesha MooreExecutive DirectorFT$234,430$21,431$255,861

Board Members and Trustees

NameTitle
Bob MooreChair
Michelle Mills ClementChair-elect
Gregory HeidrichPast Chair
Lori AdlesickVice President
Bruce HammondDirector
Ed DellertDirector
Jackie Price OsafoDirector
Jay CarinoDirector
Nikki GoldenDirector
Pauli UndesserDirector
Stephen PeelerDirector
Tyler EbleDirector
Vicki LoiseSec-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$451,169
Program Service Revenue
$2,022,193
Investment Income
$250,420
Other Revenue
$62,993
All Other Contributions
$451,169
Change in Net Assets
$54,199

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,769,693
Revenue Not Reported on Financial Statements
$17,082
Revenue Not Reported on Form 990
$-129,325
Total Revenue per Audited Statements
$2,640,368
Total Revenue per Form 990
$2,786,775
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,706,701
Salaries, Compensation, and Employee Benefits$1,025,875
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$614,469
Conferences and Meetings---$388,698
Occupancy---$354,248
Fees for Services Other---$298,731
Current Officers, Directors, Trustees, and Key Employees---$255,861
Office Expenses---$194,485
Other Employee Benefits---$85,201
Information Technology---$73,251
Payroll Taxes---$70,344
Depreciation Depletion---$58,203
Other Expenses---$54,737
Insurance---$31,633
Fees for Services Accounting---$19,750
Fees for Service Investment Mgmnt Fees---$17,082
Advertising---$15,368
Travel---$13,087
Fees for Services Legal---$4,176
Total Functional Expenses$0$0$0$2,732,576

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,732,576
Expenses per Audited Statements$2,715,494
Total Expenses per Audited Statements$2,715,494
Expenses Not Reported on Financial Statements$17,082
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating lease liability$741,987
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Form 990, part vi, section a, line 6:the membership of the forum shall be composed of the following categories:regular members. Regular membership may be granted to any individualwho (i) is employed full-time in the field of association management; or(ii) devotes a majority of their paid working time to associationmanagement duties. There shall be two (2) types of regular members(collectively, "regular members"):ceo members. Ceo membership may be granted to any individual whoserves as the (i) chief executive officer, chief administrative officer oraccount executive of an association; or (ii) head of a major section ordivision of an association (whether employed directly by the association oran association management company).association professional members. Association professional membershipmay be granted to any individual who performs management or supervisoryfunctions for an association (whether employed directly by the associationor an association management company).non-resident members. Non-resident membership may be granted to anyindividual residing outside of a 100-mile radius of the chicagoland areawho is (i) employed full-time in the field of association management; or(ii) devotes a majority of their paid working time to associationmanagement duties. There shall be two (2) types of non-resident members(collectively, "non-resident members"):1.) non-resident ceo members. Non-resident ceo membership may begranted to any individual who serves as the (i) chief executive officer,chief administrative officer or account executive of an association; or(ii) head of a major section or division of an association (whetheremployed directly by the association or an association management company).2.) non-resident association professional members. Non-residentassociation professional membership may be granted to any individual whoperforms management or supervisory functions for an association (whetheremployed directly by the association or an association management company).consultant members. Consultant membership is available to individualswhose primary service to association forum members involves the sale ofintellectual property or expert advice to associations or other memberorganizations, and who are not full-time association executives.supplier partner members. Supplier partner membership may be grantedto any individual who provides products and/or services to an associationand does not qualify for consultant membership.honorary members. Honorary membership may be granted by the board ofdirectors to any individual who (i) has made outstanding contributions tothe growth and advancement of the association management profession; (ii)is not otherwise eligible for membership in the forum; and (iii) meets suchother criteria as determined by the board of directors from time to time.life members. Life membership may be granted by the board ofdirectors to any individual who (i) has been a member of the forum for aminimum of fifteen (15) consecutive years; (ii) has been retired from theassociation management profession; (iii) is not employed in any capacity(including as a consultant); and (iv) meets such other criteria asdetermined by the board of directors from time to time.student members. Student membership may be granted to any full-timestudent who is (i) enrolled in an accredited college or university with aninterest in the association management profession; and (ii) not employedfull-time by an association or association management company.

Form 990, Part VI, Section B, Line 11B

An electronic version of the form 990 is sent to the board of directors forreview prior to being filed.

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

Prior to each board meeting, members are asked if they have a conflict of interest with any agenda items. If so, they are recused from that segment of the meeting. At the beginning of every meeting, volunteer leaders are asked to disclose conflicts with any agenda item.

Form 990, Part VI, Section B, Line 15B

The executive committee conducts an annual performance and salary review of the president & ceo. The executive committee makes a recommendation to the board in relation to the president & ceo's performance appraisal, salary and benefits. A majority vote of the board is required to approve this recommendation.the association forum's salary survey, which is compiled every year, is referred to when evaluating salaries of all staff, including the ceo and president. The president & ceo reviews comparability data and performs annual performance appraisals and salary reviews. The board approves the annual operating budget, which includes budgeted salary increases and staff bonuses.

Form 990, Part VI, Section C, Line 19

Association forum of chicagoland's conflict of interest policy is available on its website. Financial statements and governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Association Forum of Chicagoland
EIN
36-2330308
Phone
3129247000
Address
10 S RIVERSIDE PL 800, CHICAGO, IL 60606

Signing Officer

Name
Artesha Moore
Title
President & CEO
Signed
2026-03-16
Discuss with paid preparer
Yes

Organization Details

Formed
1916
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
11

Preparer

Firm
Barnes Givens & Barnes Ltd
Address
200 E Evergreen Ave Suite 117, Mount Prospect, IL 60056
Preparer
William J Barnes
Phone
2247642442
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization follows the requirements for accounting for uncertain tax positions. The organization has determined that it is not required to record a liability related to uncertain tax positions as of march 31, 2025 and 2024. The federal and state income tax returns of the organization for 2022, 2023, and 2024 are subject to examination by the internal revenue service and state taxing authorities, generally for three years after they were filed.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm2Michelle Mills Clement
IRS990/Form990PartVIISectionAGrp/PersonNm3Vicki Loise
IRS990/Form990PartVIISectionAGrp/PersonNm4Gregory Heidrich
IRS990/Form990PartVIISectionAGrp/PersonNm5Lori Adlesick
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IRS990/Form990PartVIISectionAGrp/PersonNm7Ed Dellert
IRS990/Form990PartVIISectionAGrp/PersonNm8Tyler Eble
IRS990/Form990PartVIISectionAGrp/PersonNm9Nikki Golden
IRS990/Form990PartVIISectionAGrp/PersonNm10Bruce Hammond
IRS990/Form990PartVIISectionAGrp/PersonNm11Jackie Price Osafo
IRS990/Form990PartVIISectionAGrp/PersonNm12Stephen Peeler
IRS990/Form990PartVIISectionAGrp/PersonNm13Pauli Undesser
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IRS990/ProgSrvcAccomActy3Grp/Desc0EDUCATIONAL PROGRAMS AND CONFERENCES - THESE PROGRAMS PROVIDE EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR ALL MEMEBRS, AND HELP MAKE THEIR ASSOCIATIONS MORE SUCCESSFUL. THERE WERE APPROXIMATELY 100 PROGRAMS CONDUCTED DURING THE YEAR.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION FOLLOWS THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF MARCH 31, 2025 AND 2024. THE FEDERAL AND STATE INCOME TAX RETURNS OF THE ORGANIZATION FOR 2022, 2023, AND 2024 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
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