Civic Intelligence

Illinois Utilities Business Diversity Council Inc

990EZ • Fiscal year 2022 • EIN 81-5407976

Jan 01, 2022 to Dec 31, 2022 • Filed on Jul 07, 2023

Organization Profileiubdc.com
1235 Berry LaneFlossmoor, IL 60422

(847) 456-5601

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

50th percentile

2.7%

Higher net margin than 50% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Top Officer Pay

89th percentile

$60,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 44.4% of source-year revenue.

2022 filings • 501(c)6 • <$500k nonprofits • Source year 2022

Asset Growth

53rd percentile

1.7%

Faster asset growth than 53% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

7th percentile

-40%

Faster revenue growth than 7% of similar nonprofits.

2022 filings • 501(c)6 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$212,373

Up $3,603 (+1.7%) from 2021

Net Assets

Up

$212,373

Up $3,603 (+1.7%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin50th percentile

Revenue

Down

$135,000

Down $90,000 (-40%) from 2021

Expenses

Down

$131,397

Down $38,758 (-23%) from 2021

Net Income

Down

$3,603

Down $51,242 (-93%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

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

$400K$300K$200K$100K$0Assets 2017: $135,043Net Assets 2017: $135,0432017Assets 2018: $87,849Net Assets 2018: $87,8492018Assets 2019: $55,281Net Assets 2019: $55,2812019Assets 2020: $156,764Net Assets 2020: $156,7642020Assets 2021: $208,770Liabilities 2021: $0Net Assets 2021: $208,7702021Assets 2022: $212,373Net Assets 2022: $212,3732022Assets 2023: $203,533Net Assets 2023: $203,5332023Assets 2024: $300,232Liabilities 2024: $0Net Assets 2024: $300,2322024

Highlighted filing

2022

Assets$212,373
Liabilities-
Net Assets$212,373
Open 2022 Filing

Operations Trend

Revenue Growth7th percentile

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

$300K$200K$100K$0-$100KRevenue 2017: $166,575Expenses 2017: $31,532Net Income 2017: $135,0432017Revenue 2018: $0Expenses 2018: $47,194Net Income 2018: -$47,1942018Revenue 2019: $0Expenses 2019: $32,568Net Income 2019: -$32,5682019Revenue 2020: $130,000Expenses 2020: $28,517Net Income 2020: $101,4832020Revenue 2021: $225,000Expenses 2021: $170,155Net Income 2021: $54,8452021Revenue 2022: $135,000Expenses 2022: $131,397Net Income 2022: $3,6032022Revenue 2023: $172,000Expenses 2023: $180,840Net Income 2023: -$8,8402023Revenue 2024: $273,000Expenses 2024: $176,301Net Income 2024: $96,6992024

Highlighted filing

2022

Revenue$135,000
Expenses$131,397
Net Income$3,603
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jul 7, 2023
Return Version
2022v5.0
Gross Receipts
$135,000
Mission and Program Overview

Mission

To advance the effectiveness of business diversity initiatives among our respective utility companies, and to encourage diverse businesses to forge effective working relationships with utilities to help develop a strong economy and a productive environment for growth and access to diverse businesses.

Program Services

DescriptionGrantsExpenses
Directors were interviewed by Commissioner Bocanegra for the Regulatory Conference in June. IUBDC sponsored 4 MBE's with a full scholarship to he Northwestern University Kellogg School of Management Minority Business Educational Program. Directors presented achievements to the Illinois Commerce Commission in September 2022.$16,800$114,597
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy ConnerExecutive DirectorPT$60,000-$60,000
Torrence HintonDirector-$0--
Wendell DallasDirector-$0--
Rebecca LosliDirector-$0--
Gil QuinionesDirector-$0--
Leonard SinghChairman-$0--
Filing and Contact Details

Filer

Filer Name
Illinois Utilities Business Diversity Co
EIN
81-5407976
Address
1235 Berry Lane, Flossmoor, IL 60422

Signing Officer

Name
Nancy Conner
Title
Executive Director
Signed
2023-07-07
Discuss with paid preparer
Yes

Preparer

Firm
Sierra Forensic Group
Address
30 South Wacker Drive Suite 2200, Chicago, IL 60606
Preparer
Adrian Sierra
Phone
3126747100
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: National Minority Supplier Diversity Cou | Donee's Address: 1345 6th Ave., Suite 2050 New York NY 10105 | Cash Amount Given: $16800”

Other Expenses.1001

“Advertising and Promotion $24805”

Other Expenses.1002

“Office Expenses $2862”

Other Expenses.1005

“Travel $2484”

Other Expenses.1

“Subscriptions $992”

Other Expenses.3

“Bank Fees $60”

Raw XML Appendix130 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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IRS990EZ/BooksInCareOfDetail/PersonNm0Nancy Conner
IRS990EZ/BooksInCareOfDetail/PhoneNum08474565601
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01235 Berry Lane
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Flossmoor
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060422
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0208770
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03603
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt023263
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0208770
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IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt016800
IRS990EZ/GrossReceiptsAmt0135000
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MembershipDuesAmt0135000
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0208770
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0212373
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0208770
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0212373
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt32.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt460000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Torrence Hinton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Wendell Dallas
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Rebecca Losli
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Gil Quiniones
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Nancy Conner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Leonard Singh
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Executive Dir.
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Chairman
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt031203
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To advance the effectiveness of business diversity initiatives among our respective utility companies, and to encourage diverse businesses to forge effective working relationships with utilities to help develop a strong economy and a productive environment for growth and access to diverse businesses.
IRS990EZ/PrintingPublicationsPostageAmt0131
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Directors were interviewed by Commissioner Bocanegra for the Regulatory Conference in June. IUBDC sponsored 4 MBE's with a full scholarship to he Northwestern University Kellogg School of Management Minority Business Educational Program. Directors presented achievements to the Illinois Commerce Commission in September 2022.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016800
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0114597
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt060000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0131397
IRS990EZ/TotalProgramServiceExpensesAmt0114597
IRS990EZ/TotalRevenueAmt0135000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://iubdc.com/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: National Minority Supplier Diversity Cou | Donee's Address: 1345 6th Ave., Suite 2050 New York NY 10105 | Cash Amount Given: $16800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $24805
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Office Expenses $2862
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $2484
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Subscriptions $992
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Bank Fees $60
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nancy Conner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-07-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Illinois Utilities Business Diversity Co
ReturnHeader/Filer/BusinessNameControlTxt0ILLI
ReturnHeader/Filer/EIN0815407976
ReturnHeader/Filer/USAddress/AddressLine1Txt01235 Berry Lane
ReturnHeader/Filer/USAddress/CityNm0Flossmoor
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060422
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202284041
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sierra Forensic Group
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt030 South Wacker Drive Suite 2200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03126747100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Adrian Sierra
ReturnHeader/ReturnTs02023-07-07T12:48:01-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Nancy
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Conner
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$212,373
Liabilities
-
Net assets
$212,373
Revenue
$135,000
Expenses
$131,397
Net income
$3,603
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.00$0.00$3.00$2.73$1.76$0.97
2023Detailed filing. Detailed filing data is available for this year.$2.04$2.04$1.72$1.81$0.09
2022Detailed filing. Detailed filing data is available for this year.$2.12$2.12$1.35$1.31$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.09$0.00$2.09$2.25$1.70$0.55
2020Detailed filing. Detailed filing data is available for this year.$1.57$1.57$1.30$0.29$1.01
2019Detailed filing. Detailed filing data is available for this year.$0.55$0.55$0.00$0.33$0.33
2018Detailed filing. Detailed filing data is available for this year.$0.88$0.88$0.00$0.47$0.47
2017Detailed filing. Detailed filing data is available for this year.$1.35$1.35$1.67$0.32$1.35