Civic Intelligence

Illinois Collectors Association Inc

EIN 37-0897674 • 501(c)6 • Madison, WI

Profile

The mission of the illinois collectors association is to assist our member agencies in meeting the high standards and financial responsibility set forth by the state of illinois and aca international. Our primary purpose and goal is to provide our members with education on all levels, from the fdcpa and collection skills to management and sales.

PO Box 6008Madison, WI 53716

www.ilcollectorsassoc.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2016

Net Margin

84th percentile

24%

Higher net margin than 84% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

26th percentile

-19%

Faster revenue growth than 26% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$0

Down $58,316 (-100%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $58,316 (-100%) from 2015

Revenue

Down

$65,606

Down $15,534 (-19%) from 2015

Expenses

Down

$50,160

Down $16,804 (-25%) from 2015

Net Income

Up

$15,446

Up $1,270 (+9.0%) from 2015

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2015: $58,316Net Assets 2015: $58,3162015Assets 2016: $0Net Assets 2016: $02016

Highlighted filing

2016

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$100K$50K$0Revenue 2015: $81,140Expenses 2015: $66,964Net Income 2015: $14,1762015Revenue 2016: $65,606Expenses 2016: $50,160Net Income 2016: $15,4462016

Highlighted filing

2016

Revenue$65,606
Expenses$50,160
Net Income$15,446

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 31, 2016 to Jul 31, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$65,606
Mission and Program Overview

Mission

The mission of the illinois collectors association is to assist our member agencies in meeting the high standards and financial responsibility set forth by the state of illinois and aca international. Our primary purpose and goal is to provide our members with education on all levels, from the fdcpa and collection skills to management and sales.

Program Services

DescriptionGrantsExpenses
SEE SCHEDULE O--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
NICK DIGIOVANNI IIIPresident-$0--
RONALD E KRECH JRPast Preside-$0--
IRWIN BERNSTEINPresident El-$0--
SHEILA O'LEARYVice Preside-$0--
RONALD J BRONSTEINDirector-$0--
JOSEPH GALLELLITreasurer-$0--
BENAJAMIN MAUCHDirector-$0--
RANDY GELBDirector-$0--
CONNIE MATRISCHDirector-$0--
Political and Lobbying Activity
In-house lobbying only
No

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$34,050
Total Nondeductible Lobbying and Political Cost$34,050
Filing and Contact Details

Filer

Filer Name
Illinois Collectors Association Inc
EIN
37-0897674
Phone
6086613000
Address
PO BOX 6008, MADISON, WI 53716

Signing Officer

Name
Nick Digiovanni Iii
Title
President
Phone
8478939422
Signed
2016-11-10
Discuss with paid preparer
Yes

Preparer

Firm
Grako Financial Services LLC
Address
129 S PARK ST, STREATOR, IL 61364
Preparer
Charles J Grako CPA Ea
Phone
8156725250
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Effective 7/31/16 the organization merged into the great lakes credit and collection association.

Form 990-ez, Part I, Line 16

Expenses bank service charges 8 national director travel 2,672 postage & mailing 25 miscellaneous 316 awards 72 charitable donation 100 annual meeting expense 5,087 total 8,280

Form 990-ez, Part I, Line 20

Funds transfer for the merger -72,069 funds transfer from icapac -1,693

Form 990-ez, Part II, Line 24

Accounts receivable 5,087 0 total 5,087 0

Form 990-ez, Part III

The mission of the illinois collectors association is to assist our member agencies in meeting the high standards and financial responsibility set forth by the state of illinois and aca international. Our primary purpose and goal is to provide our members with education on all levels, from the fdcpa and collection skills to management and sales.

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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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE ILLINOIS COLLECTORS ASSOCIATION IS TO ASSIST OUR MEMBER AGENCIES IN MEETING THE HIGH STANDARDS AND FINANCIAL RESPONSIBILITY SET FORTH BY THE STATE OF ILLINOIS AND ACA INTERNATIONAL. OUR PRIMARY PURPOSE AND GOAL IS TO PROVIDE OUR MEMBERS WITH EDUCATION ON ALL LEVELS, FROM THE FDCPA AND COLLECTION SKILLS TO MANAGEMENT AND SALES.
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleC/TaxableAmt0-1723
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IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0true
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine2Txt0GREAT LAKES CREDIT AND COLLECTION
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IRS990ScheduleN/OwnerOfSuccessorInd0false
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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0IRWIN BERNSTEIN IS NOW AN OFFICER OF GREAT LAKES CREDIT AND COLLECTION ASSOCIATION. SHEILA O'LEARY AND RANDY GELB ARE NOW DIRECTORS OF GREAT LAKES CREDIT AND COLLECTIONS ASSOCIATION. ALL THREE WERE PREVIOUSLY DIRECTORS OF ILLINOIS COLLECTORS ASSOCIATION INC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EFFECTIVE 7/31/16 THE ORGANIZATION MERGED INTO THE GREAT LAKES CREDIT AND COLLECTION ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK SERVICE CHARGES 8 NATIONAL DIRECTOR TRAVEL 2,672 POSTAGE & MAILING 25 MISCELLANEOUS 316 AWARDS 72 CHARITABLE DONATION 100 ANNUAL MEETING EXPENSE 5,087 TOTAL 8,280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FUNDS TRANSFER FOR THE MERGER -72,069 FUNDS TRANSFER FROM ICAPAC -1,693
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 5,087 0 TOTAL 5,087 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MISSION OF THE ILLINOIS COLLECTORS ASSOCIATION IS TO ASSIST OUR MEMBER AGENCIES IN MEETING THE HIGH STANDARDS AND FINANCIAL RESPONSIBILITY SET FORTH BY THE STATE OF ILLINOIS AND ACA INTERNATIONAL. OUR PRIMARY PURPOSE AND GOAL IS TO PROVIDE OUR MEMBERS WITH EDUCATION ON ALL LEVELS, FROM THE FDCPA AND COLLECTION SKILLS TO MANAGEMENT AND SALES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/EIN0370897674
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0129 S PARK ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STREATOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd061364
ReturnHeader/PreparerPersonGrp/PhoneNum08156725250
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHARLES J GRAKO CPA EA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-11T09:26:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-31
ReturnHeader/TaxPeriodEndDt02016-07-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)6 • <$500k nonprofits