Civic Intelligence

Illinois Mini Storage Association

990EZ • Fiscal year 2023 • EIN 81-0634202

Jan 01, 2023 to Dec 31, 2023 • Filed on May 20, 2024

1001 N Fairfax StAlexandria, VA 22314-1797

(703) 575-8000

Siviq Scores

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

Liabilities / Assets

69th percentile

0.06x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.09x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Net Margin

57th percentile

4.6%

Higher net margin than 57% of similar nonprofits.

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2023 filings • 501(c)6 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

Up

$210,497

Up $23,866 (+13%) from 2019

Net Assets

Up

$197,747

Up $47,386 (+32%) from 2019

Liabilities

Down

$12,750

Down $23,520 (-65%) from 2019

Revenue

Up

$144,695

Up $36,864 (+34%) from 2019

Expenses

Up

$137,995

Up $57,978 (+72%) from 2019

Net Income

Down

$6,700

Down $21,114 (-76%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0-$100KAssets 2010: $11,764Net Assets 2010: $11,7642010Assets 2011: $16,478Liabilities 2011: $02011Assets 2013: $12,590Liabilities 2013: $02013Assets 2014: $49,708Liabilities 2014: $27,7642014Assets 2015: $61,380Liabilities 2015: $0Net Assets 2015: $61,3802015Assets 2016: $85,191Liabilities 2016: -$2852016Assets 2017: $140,658Liabilities 2017: $46,7402017Assets 2018: $152,147Liabilities 2018: $29,600Net Assets 2018: $122,5472018Assets 2019: $186,631Liabilities 2019: $36,270Net Assets 2019: $150,3612019Assets 2023: $210,497Liabilities 2023: $12,750Net Assets 2023: $197,7472023Assets 2024: $198,957Liabilities 2024: $908Net Assets 2024: $198,0492024

Highlighted filing

2023

Assets$210,497
Liabilities$12,750
Net Assets$197,747

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $53,084Expenses 2010: $52,810Net Income 2010: $2742010Revenue 2011: $73,390Expenses 2011: $68,676Net Income 2011: $4,7142011Revenue 2013: $55,909Expenses 2013: $59,798Net Income 2013: -$3,8892013Revenue 2014: $67,810Expenses 2014: $62,889Net Income 2014: $4,9212014Revenue 2015: $75,630Expenses 2015: $54,066Net Income 2015: $21,5642015Revenue 2016: $97,585Expenses 2016: $54,218Net Income 2016: $43,3672016Revenue 2017: $76,743Expenses 2017: $58,820Net Income 2017: $17,9232017Revenue 2018: $96,427Expenses 2018: $74,939Net Income 2018: $21,4882018Revenue 2019: $107,831Expenses 2019: $80,017Net Income 2019: $27,8142019Revenue 2023: $144,695Expenses 2023: $137,995Net Income 2023: $6,7002023Revenue 2024: $87,382Expenses 2024: $87,080Net Income 2024: $3022024

Highlighted filing

2023

Revenue$144,695
Expenses$137,995
Net Income$6,700
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 20, 2024
Return Version
2023v5.0
Gross Receipts
$144,695
Mission and Program Overview

Mission

To promote the concept of self storage and the businesses of our members, while monitoring legislation and acting as the industry's voice.

Program Services

DescriptionGrantsExpenses
THE ILLINOIS SELF STORAGE ASSOCIATION IS A NON-PROFIT ASSOCIATION COMMITTED TO STRENGTHENING AND ENHANCING THE SELF STORAGE INDUSTRY IN ILLINOIS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MATT CLARKDirector-$0--
MATT DRAKEDirector-$0--
GARY EDMUNDSDirector-$0--
ALEX ERBSDirector-$0--
DOUG MARTINDirector-$0--
TINA MCMAHONDirector-$0--
PASCAL SOUVENIRDirector-$0--
ALEX BURNAMPresident-$0--
PETER NORAImmediate Past President-$0--
Filing and Contact Details

Filer

Filer Name
Illinois Mini Storage Association
EIN
81-0634202
Phone
7035758000
Address
1001 N FAIRFAX ST, ALEXANDRIA, VA 22314-1797

Signing Officer

Name
Derek Knights
Title
Executive Director
Phone
7035758000
Signed
2024-05-20
Discuss with paid preparer
Yes

Preparer

Firm
Novak Francella LLC
Address
40 MONUMENT RD 5TH FLR, BALA CYNWYD, PA 19004
Preparer
Louis Verzella CPA
Phone
6106689400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: miscellaneous income. Amount: 1,076.

Form 990-ez, Part I, Line 10 - Payments to Affiliates

Affiliate name: ssa state affiliate dues. Amount of payment: 2,800.

Form 990-ez, Part I, Line 10 - Payments to Affiliates

Affiliate name: state association management fee. Amount of payment: 15,700. Total included on form 990-ez, line 10: 18,500.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 798. Description: bank charges. Amount: 1,780. Description: insurance. Amount: 600. Description: credit card fees. Amount: 2,406. Description: conferences & meetings. Amount: 70,061. Description: ssa revenue share sponsor & exhibit. Amount: 25,550. Description: travel. Amount: 18,245. Total to form 990-ez, line 16: 119,440.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 7,986.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 0. End of year amount: 12,750.

Raw XML Appendix159 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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IRS990EZ/BooksInCareOfDetail/PhoneNum07035758000
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALEXANDRIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0223141797
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MATT CLARK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MATT DRAKE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GARY EDMUNDS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ALEX ERBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DOUG MARTIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5TINA MCMAHON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6PASCAL SOUVENIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ALEX BURNAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8PETER NORA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE CONCEPT OF SELF STORAGE AND THE BUSINESSES OF OUR MEMBERS, WHILE MONITORING LEGISLATION AND ACTING AS THE INDUSTRY'S VOICE.
IRS990EZ/ProgramServiceRevenueAmt093629
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ILLINOIS SELF STORAGE ASSOCIATION IS A NON-PROFIT ASSOCIATION COMMITTED TO STRENGTHENING AND ENHANCING THE SELF STORAGE INDUSTRY IN ILLINOIS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TotalRevenueAmt0144695
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IRS990EZ/WebsiteAddressTxt0HTTPS://WWW.ILSELFSTORAGE.ORG/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISCELLANEOUS INCOME. AMOUNT: 1,076.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AFFILIATE NAME: SSA STATE AFFILIATE DUES. AMOUNT OF PAYMENT: 2,800.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AFFILIATE NAME: STATE ASSOCIATION MANAGEMENT FEE. AMOUNT OF PAYMENT: 15,700. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 18,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: OFFICE EXPENSES. AMOUNT: 798. DESCRIPTION: BANK CHARGES. AMOUNT: 1,780. DESCRIPTION: INSURANCE. AMOUNT: 600. DESCRIPTION: CREDIT CARD FEES. AMOUNT: 2,406. DESCRIPTION: CONFERENCES & MEETINGS. AMOUNT: 70,061. DESCRIPTION: SSA REVENUE SHARE SPONSOR & EXHIBIT. AMOUNT: 25,550. DESCRIPTION: TRAVEL. AMOUNT: 18,245. TOTAL TO FORM 990-EZ, LINE 16: 119,440.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 7,986.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 12,750.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - PAYMENTS TO AFFILIATES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEREK KNIGHTS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07035758000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ILLINOIS MINI STORAGE ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0810634202
ReturnHeader/Filer/PhoneNum07035758000
ReturnHeader/Filer/USAddress/AddressLine1Txt01001 N FAIRFAX ST
ReturnHeader/Filer/USAddress/CityNm0ALEXANDRIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VA
ReturnHeader/Filer/USAddress/ZIPCd0223141797
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611436956
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NOVAK FRANCELLA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt040 MONUMENT RD 5TH FLR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BALA CYNWYD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019004
ReturnHeader/PreparerPersonGrp/PhoneNum06106689400
ReturnHeader/PreparerPersonGrp/PreparationDt02024-05-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LOUIS VERZELLA CPA
ReturnHeader/ReturnTs02024-05-20T11:20:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEREK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KNIGHTS
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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Filings