Civic Intelligence

Intermodal Association of Chicago

EIN 36-3728105 • 501(c)6 • Naperville, IL

Profile

Iac is a non-profit organization dedicated to the promotion of intermodal transportation. Our mission is to facilitate the growth of intermodal transportation through exchange of experience and knowledge and development of greater understanding of intermodal concepts.

PO Box 2762Naperville, IL 60567

www.intermodalofchicago.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

61st percentile

4.2%

Faster asset growth than 61% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

35th percentile

-7.5%

Faster revenue growth than 35% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Assets

Up

$274,036

Up $21,663 (+8.6%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$274,036

Up $21,663 (+8.6%) from 2022

Revenue

Down

$151,810

Down $25,754 (-15%) from 2022

Expenses

Up

$171,207

Up $11,835 (+7.4%) from 2022

Net Income

Down

-$19,397

Down $37,589 (-207%) from 2022

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $178,954Liabilities 2010: $0Net Assets 2010: $178,9542010Assets 2011: $177,890Liabilities 2011: $0Net Assets 2011: $177,8902011Assets 2012: $197,303Liabilities 2012: $0Net Assets 2012: $197,3032012Assets 2013: $206,670Liabilities 2013: $0Net Assets 2013: $206,6702013Assets 2014: $215,456Liabilities 2014: $0Net Assets 2014: $215,4562014Assets 2015: $241,705Liabilities 2015: $0Net Assets 2015: $241,7052015Assets 2016: $218,627Liabilities 2016: $275Net Assets 2016: $218,3522016Assets 2017: $239,135Liabilities 2017: $0Net Assets 2017: $239,1352017Assets 2018: $239,264Liabilities 2018: $3,062Net Assets 2018: $236,2022018Assets 2019: $265,246Liabilities 2019: $0Net Assets 2019: $265,2462019Assets 2020: $253,289Liabilities 2020: $0Net Assets 2020: $253,2892020Assets 2022: $252,373Liabilities 2022: $0Net Assets 2022: $252,3732022Assets 2024: $274,036Liabilities 2024: $0Net Assets 2024: $274,0362024

Highlighted filing

2024

Assets$274,036
Liabilities$0
Net Assets$274,036

Operations Trend

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

$200K$100K$0-$100KExpenses 2010: $144,1062010Expenses 2011: $141,6362011Expenses 2012: $138,3192012Revenue 2013: $136,413Expenses 2013: $127,046Net Income 2013: $9,3672013Revenue 2014: $124,099Expenses 2014: $115,313Net Income 2014: $8,7862014Revenue 2015: $154,943Expenses 2015: $133,322Net Income 2015: $21,6212015Revenue 2016: $100,020Expenses 2016: $127,267Net Income 2016: -$27,2472016Revenue 2017: $134,769Expenses 2017: $128,175Net Income 2017: $6,5942017Revenue 2018: $139,185Expenses 2018: $122,340Net Income 2018: $16,8452018Revenue 2019: $144,890Expenses 2019: $132,958Net Income 2019: $11,9322019Revenue 2020: $37,493Expenses 2020: $75,645Net Income 2020: -$38,1522020Revenue 2022: $177,564Expenses 2022: $159,372Net Income 2022: $18,1922022Revenue 2024: $151,810Expenses 2024: $171,207Net Income 2024: -$19,3972024

Highlighted filing

2024

Revenue$151,810
Expenses$171,207
Net Income-$19,397

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.74$0.00$2.74$1.52$1.71$0.19
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.52$0.00$2.52$1.78$1.59$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.53$0.00$2.53$0.37$0.76$0.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.00$2.65$1.45$1.33$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.39$0.03$2.36$1.39$1.22$0.17
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.00$2.39$1.35$1.28$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.19$0.00$2.18$1.00$1.27$0.27
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.42$0.00$2.42$1.55$1.33$0.22
2014Detailed filing. Detailed filing data is available for this year.$2.15$0.00$2.15$1.24$1.15$0.09
2013Detailed filing. Detailed filing data is available for this year.$2.07$0.00$2.07$1.36$1.27$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.00$1.97$1.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.00$1.78$1.42
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.79$0.00$1.79$1.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 21, 2025
Return Version
2024v5.2
Gross Receipts
$378,621
Mission and Program Overview

Mission

Iac is a non-profit organization dedicated to the promotion of intermodal transportation. Our mission is to facilitate the growth of intermodal transportation through exchange of experience and knowledge and development of greater understanding of intermodal concepts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$235,109$257,521▲ $22,412
Cash and Non-Interest-Bearing Accounts$42,065$11,495▼ $30,570
Accounts Receivable$5,555$5,020▼ $535
Total Assets$282,729$274,036▼ $8,693
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$282,729$274,036▼ $8,693
Total Net Assets Fund Balance$282,729$274,036▼ $8,693
Total Liabilities and Net Assets / Fund Balance$282,729$274,036▼ $8,693
Compensation and Service Providers

Board Members and Trustees

NameTitle
Taylor ThompsonChairman
Frankie IovinoPresident
Jason HilsenbeckVice-chairman
Kelsey MuruatoVice-president
Matt BahenaDirector
Will AshlandSecretary
Lauren PerryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,800
Program Service Revenue
$34,130
Investment Income
$11,715
Other Revenue
$84,165
Change in Net Assets
$-19,397
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$133,032
Grants and Similar Amounts Paid$38,175
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$39,804
Grants to Domestic Individuals---$38,175
Conferences and Meetings---$36,597
Advertising---$26,705
Office Expenses---$24,101
Fees for Services Accounting---$2,850
Information Technology---$2,100
Insurance---$875
Total Functional Expenses$0$0$0$171,207
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$228,561
Fundraising Direct Expenses$226,811
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Holiday Party$183,986$183,986-$183,986
Golf Outing$27,755$27,755$637$27,118
Total Events$228,561$228,561$226,811$1,750
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Intermodal association of chicago is organized as a non-stock corporation with members. The organization has one class of members who are authorized to participate in the organization's governance through their ability to approve the nomination of officers and directors each year.

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

The organization has one class of members which, on an annual basis, vote on whether or not to approve a slate of officers and directors as put forth by the nominating committee.

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

In addition to the approval of the slate of officers and directors each year, members of the organization are also tasked with approving any changes to the constitution that may be considered during the year. The proposed changes would be sent to the current members and the amendment must be affirmed in returned ballots by two-thirds of the membership at-large.

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

Form 990 is primarily reviewed by the business manager. The final version of form 990 is provided to all board members prior to filing.

Form 990, Part VI, Section C, Line 19

Upon request, the organization sends a pdf copy of the corresponding documents.

Filing and Contact Details

Filer

Filer Name
Intermodal Association of Chicago
EIN
36-3728105
Phone
7089296080
Address
PO BOX 2762, NAPERVILLE, IL 60567

Signing Officer

Name
Frankie Iovino
Title
President
Phone
7089296080
Signed
2025-10-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jason Hilsenbeck
Formed
1961
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
20

Preparer

Firm
Ostrow Reisin Berk & Abrams Ltd
Address
455 N CITYFRONT PLAZA DR SUITE 1600, CHICAGO, IL 60611
Preparer
Jason Flahive
Phone
3126707444
Raw XML Appendix341 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.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt05020
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IRS990/AdvertisingGrp/TotalAmt026705
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IRS990/BooksInCareOfDetail/USAddress/CityNm0NAPERVILLE
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IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
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IRS990/ConflictOfInterestPolicyInd00
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IRS990/ConsolidatedAuditFinclStmtInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm1KELSEY MURUATO
IRS990/Form990PartVIISectionAGrp/PersonNm2LAUREN PERRY
IRS990/Form990PartVIISectionAGrp/PersonNm3WILL ASHLAND
IRS990/Form990PartVIISectionAGrp/PersonNm4TAYLOR THOMPSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt08000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt08000
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt016000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt038175
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0GENERAL SCHOLARSHIP
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt041
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0A CHAIRMAN IS APPOINTED TO OVERSEE THE SCHOLARSHIP PROGRAM, ASSISTED ON THE COMMITTEE BY THE BUSINESS MANAGER. AS PART OF THE APPLICATION, STUDENTS ARE REQUIRED TO SUBMIT A COMPLETE TRANSCRIPT OF CLASSES AND GRADES COMPLETED TO DATE. THESE TRANSCRIPTS ARE THEN REVIEWED BY THE COMMITTEE TO ASCERTAIN THAT THE STUDENT IS, IN FACT, A FULL TIME STUDENT PURSUING A DEGREE AT AN ACCREDITED COLLEGE OR UNIVERSITY. FOR INCOMING FRESHMEN, THE STUDENT IS NOTIFIED OF A POTENTIAL AWARD, BUT FUNDS ARE NOT RELEASED UNTIL SUCH TIME AS THE STUDENT REGISTERS FOR CLASSES AND PRESENTS THE COMMITTEE WITH THEIR FALL CLASS SCHEDULE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0INTERMODAL ASSOCIATION OF CHICAGO IS ORGANIZED AS A NON-STOCK CORPORATION WITH MEMBERS. THE ORGANIZATION HAS ONE CLASS OF MEMBERS WHO ARE AUTHORIZED TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE THROUGH THEIR ABILITY TO APPROVE THE NOMINATION OF OFFICERS AND DIRECTORS EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS ONE CLASS OF MEMBERS WHICH, ON AN ANNUAL BASIS, VOTE ON WHETHER OR NOT TO APPROVE A SLATE OF OFFICERS AND DIRECTORS AS PUT FORTH BY THE NOMINATING COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IN ADDITION TO THE APPROVAL OF THE SLATE OF OFFICERS AND DIRECTORS EACH YEAR, MEMBERS OF THE ORGANIZATION ARE ALSO TASKED WITH APPROVING ANY CHANGES TO THE CONSTITUTION THAT MAY BE CONSIDERED DURING THE YEAR. THE PROPOSED CHANGES WOULD BE SENT TO THE CURRENT MEMBERS AND THE AMENDMENT MUST BE AFFIRMED IN RETURNED BALLOTS BY TWO-THIRDS OF THE MEMBERSHIP AT-LARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PRIMARILY REVIEWED BY THE BUSINESS MANAGER. THE FINAL VERSION OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, THE ORGANIZATION SENDS A PDF COPY OF THE CORRESPONDING DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0282729
IRS990/TotalAssetsEOYAmt0274036
IRS990/TotalAssetsGrp/BOYAmt0282729
IRS990/TotalAssetsGrp/EOYAmt0274036
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt021800
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0171207
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0282729
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0274036
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceRevenueAmt034130
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt060665
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt069345
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0151810
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0282729
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0274036
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 2762
IRS990/USAddress/CityNm0NAPERVILLE
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060567
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0WWW.INTERMODALOFCHICAGO.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRANKIE IOVINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07089296080
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INTERMODAL ASSOCIATION OF CHICAGO
ReturnHeader/Filer/BusinessNameControlTxt0INTE
ReturnHeader/Filer/EIN0363728105
ReturnHeader/Filer/PhoneNum07089296080
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 2762
ReturnHeader/Filer/USAddress/CityNm0NAPERVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060567
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0362938874
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0OSTROW REISIN BERK & ABRAMS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0455 N CITYFRONT PLAZA DR SUITE 1600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060611
ReturnHeader/PreparerPersonGrp/PhoneNum03126707444
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON FLAHIVE
ReturnHeader/ReturnTs02025-10-29T13:19:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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