Landmarks Preservation Council of Illinois
Nonprofit profile at a glance
- EIN
- 362879987
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 3129221742
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,430,655
- Expenses
- $1,897,019
- Assets
- $11,705,813
- Liabilities
- $182,465
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
38 people listed
Executive titles in this filing
- BONNIE MCDONALD (PRESIDENT & CEO)
Highest reported compensation
- BONNIE MCDONALD (PRESIDENT & CEO): $188,874 total reported compensation
- FRANK BUTTERFIELD (CHIEF OPERATING OFFICER): $134,157 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To accelerate preserving and reusing significant places statewide to foster healthy, livable and thriving communities.
What it reported doing in 2024
Advocacy - provided technical assistance, strategic advice, site visits, probono services to local advocates, property owners, and elected and municipal officals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 94% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. A relatively small share of total spending goes to programs and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 66
- Transparency & Controls: 57
- Accountability: 98
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86%; rating input score 86
- Program expense ratio: 52.5%; rating input score 52
- Fundraising efficiency: $3.76 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 4th percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 10%; rating input score 10; 26th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 97.3%; rating input score 97; 26th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -32.6%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 6.17; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 17%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 3.7% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 2.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 4.2% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 86% of revenue deployed · 52.5% of spending went to programs
- Governance: 36 of 37 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $995K in reported program spending
- Leadership: top reported pay $189K · 38 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $251K reported
- Consistency: 31 of 33 current checks pass · 2 findings to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- High — Transparency & Controls: Grant itemization coverage scored 10/100.
- High — Financial Efficiency: Fundraising efficiency scored 12/100.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Officer compensation ratio scored 19/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.