Illinois Manufacturers' Association

Nonprofit profile at a glance

EIN
361256610
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Springfield, IL, USA
Phone
2175221240
Rating confidence
Limited

Official website

Reported finances

Revenue
$10,074,269
Expenses
$9,954,195
Assets
$7,005,695
Liabilities
$3,055,512

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

50 people listed

Executive titles in this filing

  • MARK DENZLER (PRESIDENT/CEO)
  • PHILIP MCCALL (VICE PRESIDENT FINANCE/CFO)

Highest reported compensation

  • MARK DENZLER (PRESIDENT/CEO): $718,002 total reported compensation
  • PHILIP MCCALL (VICE PRESIDENT FINANCE/CFO): $323,417 total reported compensation
  • DONOVAN GRIFFITH (EXEC VP/CHIEF STRATEGY OFFICER): $267,832 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To strengthen the economic social environmental and governmental conditions for manufacturing and allied enterprises in the state of Illinois, resulting in an englarged business base and increased employment.

What it reported doing in 2025

Ima provides educational services to its members through conference and publications.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 79
  • Accountability: 93
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.1%; rating input score 94; 32nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 95.6%; rating input score 96; 25th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.2%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.7; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 19.9%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 8.2% per year; rating input score 100; 64th percentile among comparable filings
  • Asset growth: 2.3% per year; rating input score 100; 15th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 43 of 45 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $718K · 50 people listed · 2 of 6 pay-setting controls reported
  • Consistency: 12 of 13 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 125 filed money-flow records
  • Related organizations: 119 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 6/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.