Illinois Association of Housing Authorities
Nonprofit profile at a glance
- EIN
- 363215466
- IRS 990 coverage
- 2015–2019
- Forms available
- Form 990 2019, Form 990-EZ 2014, Form 990-N 2011
- Location
- Savanna, IL, USA
- Phone
- 8152737081
- Rating
- 59
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $93,259
- Expenses
- $75,055
- Assets
- $151,048
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- Randy McGill (President)
- Jackie Newman (1st Vice President)
- Deanna Mitchell (2nd Vice President)
People named in this filing
- Randy McGill (President)
- Jackie Newman (1st Vice President)
- Deanna Mitchell (2nd Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Uniting members in advocacy and in the exchange of ideas.
What it reported doing in 2019
Annual Meeting for members to evaluate, educate, exchange ideas and addres the membership's, individual and collective needs.
Operating model
- Revenue model
- Other-operating. 71% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 36
- Transparency & Controls: 90
- Accountability: 70
- Sustainability: 61
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.6%; rating input score 38
- Program expense ratio: 46.3%; rating input score 46
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.5%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 2.01; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 71; 71st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings
Growth
- Program expense growth: -13.5% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -4.8% per year; rating input score 0; 47th percentile among comparable filings
- Asset growth: 5.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 37.6% of revenue deployed · 46.3% of spending went to programs
- Governance: 21 of 21 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $35K in reported program spending
- Leadership: top reported pay $0 · 21 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2015 to 2019
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 46/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.