Civic Intelligence

West Central Municipal Conference

990 • Fiscal year 2017 • EIN 36-3447848

May 01, 2016 to Apr 30, 2017 • Filed on Jul 28, 2017

2000 Fifth Avenue No NRiver Grove, IL 60171

(708) 453-9100

Siviq Scores

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

Liabilities / Assets

54th percentile

0.12x

Higher debt load relative to assets than 54% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.18x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

30th percentile

-3.4%

Higher net margin than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

92nd percentile

$233,734

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 31.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

30th percentile

-2.1%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

34th percentile

-1.2%

Faster revenue growth than 34% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,125,056

Down $23,611 (-2.1%) from 2016

Net Assets

Down

$992,616

Down $25,418 (-2.5%) from 2016

Liabilities

Up

$132,440

Up $1,807 (+1.4%) from 2016

Revenue

Down

$742,121

Down $8,866 (-1.2%) from 2016

Expenses

Up

$767,539

Up $9,817 (+1.3%) from 2016

Net Income

Down

-$25,418

Down $18,683 (-277%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $1,197,419Liabilities 2013: $212,355Net Assets 2013: $985,0642013Assets 2014: $1,088,680Liabilities 2014: $123,127Net Assets 2014: $965,5532014Assets 2015: $1,154,428Liabilities 2015: $129,659Net Assets 2015: $1,024,7692015Assets 2016: $1,148,667Liabilities 2016: $130,633Net Assets 2016: $1,018,0342016Assets 2017: $1,125,056Liabilities 2017: $132,440Net Assets 2017: $992,6162017Assets 2018: $1,061,148Liabilities 2018: $111,118Net Assets 2018: $950,0302018Assets 2019: $1,043,021Liabilities 2019: $114,637Net Assets 2019: $928,3842019Assets 2020: $910,771Liabilities 2020: $96,026Net Assets 2020: $814,7452020Assets 2021: $984,356Liabilities 2021: $94,231Net Assets 2021: $890,1252021Assets 2022: $1,135,504Liabilities 2022: $111,776Net Assets 2022: $1,023,7282022Assets 2023: $1,126,088Liabilities 2023: $87,650Net Assets 2023: $1,038,4382023Assets 2024: $1,104,607Liabilities 2024: $95,102Net Assets 2024: $1,009,5052024Assets 2025: $1,121,994Liabilities 2025: $104,230Net Assets 2025: $1,017,7642025

Highlighted filing

2017

Assets$1,125,056
Liabilities$132,440
Net Assets$992,616

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $813,0602013Revenue 2014: $852,984Expenses 2014: $872,495Net Income 2014: -$19,5112014Revenue 2015: $750,032Expenses 2015: $690,816Net Income 2015: $59,2162015Revenue 2016: $750,987Expenses 2016: $757,722Net Income 2016: -$6,7352016Revenue 2017: $742,121Expenses 2017: $767,539Net Income 2017: -$25,4182017Revenue 2018: $835,809Expenses 2018: $878,395Net Income 2018: -$42,5862018Revenue 2019: $881,537Expenses 2019: $903,183Net Income 2019: -$21,6462019Revenue 2020: $881,977Expenses 2020: $936,616Net Income 2020: -$54,6392020Revenue 2021: $867,580Expenses 2021: $792,200Net Income 2021: $75,3802021Revenue 2022: $934,413Expenses 2022: $800,810Net Income 2022: $133,6032022Revenue 2023: $885,335Expenses 2023: $870,625Net Income 2023: $14,7102023Revenue 2024: $982,045Expenses 2024: $1,010,978Net Income 2024: -$28,9332024Revenue 2025: $941,366Expenses 2025: $933,107Net Income 2025: $8,2592025

Highlighted filing

2017

Revenue$742,121
Expenses$767,539
Net Income-$25,418
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jul 28, 2017
Return Version
2016v3.0
Gross Receipts
$811,500
Mission and Program Overview

Mission

Provide services that promote continuous improvement of local government in western cook county, thereby enhancing the quality of life for residents in the region

Provide services that promote continuous improvement of local government in western cook county

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$910,639$940,099▲ $29,460
Accounts Receivable$164,741$113,254▼ $51,487
Prepaid Expenses and Deferred Charges$62,808$66,145▲ $3,337
Land, Buildings, and Equipment, Net$10,479$5,558▼ $4,921
Total Assets$1,148,667$1,125,056▼ $23,611
Liabilities
Deferred Revenue$98,049$98,407▲ $358
Accounts Payable and Accrued Expenses$32,584$34,033▲ $1,449
Total Liabilities$130,633$132,440▲ $1,807
Net Assets / Fund Balance
Unrestricted Net Assets$1,018,034$992,616▼ $25,418
Total Net Assets Fund Balance$1,018,034$992,616▼ $25,418
Total Liabilities and Net Assets / Fund Balance$1,148,667$1,125,056▼ $23,611

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,354$95,497$98,851
Leasehold Improvements$0$29,161$29,161
Other Land Buildings$2,204$7,731$9,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard PellegrinoExecutive DirectorFT$182,899$50,835$233,734

Board Members and Trustees

NameTitle
William RodeghierPresident
Cathy AdduciVice President
Anthony CalderoneDirector
Christopher GettyDirector
Hugh HermanekDirector
Jeffrey SherwinDirector
Jeffrey TobolskiDirector
Patrick HigginsDirector
Russ WajdaDirector
Sam PuliaDirector
Paul VolpeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$212,536
Program Service Revenue
$520,858
Investment Income
$5,762
Other Revenue
$2,965
Change in Net Assets
$-25,418

Audited Revenue Reconciliation

Revenue per Audited Statements
$742,121
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$3,451,173
Total Revenue per Audited Statements
$4,193,294
Total Revenue per Form 990
$742,121
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$562,210
Other Expenses$205,329
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$221,215--$221,215
Other Salaries and Wages$188,327--$188,327
Comp Disqual Persons$54,353--$54,353
Office Expenses$2,378$41,813-$44,191
Other Employee Benefits$42,115--$42,115
Fees for Services Legal-$42,003-$42,003
Conferences and Meetings$15,413$20,091-$35,504
Payroll Taxes$28,371--$28,371
Pension Plan Contributions$27,829--$27,829
Fees for Services Lobbying$22,900--$22,900
Travel$20,596--$20,596
Fees for Services Other$6,000$3,237-$9,237
Depreciation Depletion-$8,302-$8,302
Fees for Services Accounting-$6,900-$6,900
Insurance$2,432$3,648-$6,080
Other Expenses$4,168$333-$333
Total Functional Expenses$636,097$131,442$0$767,539

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,218,712
Expenses Not Reported on Form 990$3,451,173
Expenses per Audited Statements$767,539
Total Expenses per Form 990$767,539
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 Gross Income$72,344
Fundraising Direct Expenses$69,379
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Dinner$47,135$47,135$4,814$42,321
Golf Outing$38,709$25,209$6,591$18,618
Total Events$85,844$72,344$69,379$2,965
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Daniel PellegrinoSon of Richard Pellegrino, Executive DirectorCompensationNo$54,353
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
Yes
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
No
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 B, Line 11B

Form 990 is provided as part of the board package for review at an upcoming board meeting

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

In september, the board reviews the conflict of interest policy and signs that there is no conflict between them and the conference. The whole board reviews the signed forms at that time.

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

A compensation committee reviews the salaries by comparing to other conferences and also determines if goals and objectives of the conference are met

Form 990, Part VI, Section C, Line 19

All documents are made available upon request

Filing and Contact Details

Filer

Filer Name
West Central Municipal Conference
EIN
36-3447848
Phone
7084539100
Address
2000 FIFTH AVENUE NO N, RIVER GROVE, IL 60171

Signing Officer

Name
Cathy Adduci
Title
President
Phone
7084539100
Signed
2017-07-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Cathy Adduci
Formed
1980
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
0

Preparer

Firm
DUGAN & LOPATKA CPA'S PC
Address
104 E ROOSEVELT ROAD SUITE 102, WHEATON, IL 60187-5267
Preparer
Ron Marklund
Phone
6306654440
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The committee that assumes responsibility for oversight of the audit has not changed their process from previous years.

Financial Statement Notes

PART X, LINE 2:

The conference files income tax returns in the u.s. Federal jurisdiction and illinois. With few exceptions, the conference is no longer subject to u.s. Federal, state and local, or non-u.s. Income tax examinations by tax authorities for years before 2013. The conference does not expect a material net change in unrecognized tax benefits in the next twelve months.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 69,379. Program expenses 3,381,794.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 69,379. Program expenses 3,381,794.

Raw XML AppendixShowing 400 of 566 raw XML fields

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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