Illinois Electronic Security Association

Nonprofit profile at a glance

EIN
363654474
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Itasca, IL, USA
Phone
2243479061
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Chambers of Commerce & Business Leagues

Official website

Reported finances

Revenue
$35,385
Expenses
$55,944
Assets
$62,883
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Augustino R Calderone II (President)
  • Brad Tolliver (Vice President)

People named in this filing

  • Augustino R Calderone II (President)
  • Nicholas Bonifas (Past Chair)
  • Steve Mayer (Treasurer)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Illinois Electronic Security Association actively engages in consumer and industry advocacy, promotes public safety and fosters positive relationships with police, fire and elected officials at the local, state and national levels. Regular Members are business entities licensed by the State of Illinois (225 ILCS 447/) as Private Alarm ConTo promote the mutual interests of the electrical protection industry.To foster cordial relations among the members.To use all lawful means as a medium for exchange and dissemination to members and the public, of information applicable to the field of Burglar and Fire Alarms, Closed Circuit TV, Access Control Systems and all other electronic security services.To be guided always by a spirit of justice and honor in all business activities and that all members observe the AssociationCode of Ethics at all times.Through cooperative effort, to engage in or conduct lawful activities which benefit the interests of the Electronic Security Industry.

What it reported doing in 2024

The Illinois Electronic Security Association actively engages in consumer and industry advocacy, promotes public safety and fosters positive relationships with police, fire and elected officials at the local, state and national levels. Regular Members are business entities licensed by the State of Illinois (225 ILCS 447/) as Private Alarm Contractors or Private Alarm Contractor Agencies that agree to conduct business in accordance with the Association's Bylaws, Code of Ethics and Anti-Trust Policy. Major business activities include installation, service or inspection of burglar alarm, fire alarm, closed circuit TV, access control, alarm monitoring and all other security services.

Operating model

Revenue model
Membership-supported. 69% of the money available for current operations came from membership dues.
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: 32
  • Transparency & Controls: 90
  • Accountability: 66
  • Sustainability: 36
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 42.4%; rating input score 42
  • Program expense ratio: 26.8%; rating input score 27
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 81.8%; rating input score 82; 25th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • 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: -58.1%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.12; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -18.4% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -8.3% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: 0.5% per year; rating input score 100; 43rd percentile among comparable filings

Details

  • Where the money goes: 42.4% of revenue deployed · 26.8% of spending went to programs
  • Governance: 9 of 11 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $15K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 15 of 15 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
  • High — Financial Efficiency: Program expense ratio scored 27/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 27/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.