2025-08-27T14:40:25-05:00 2025-03-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-04-01 366107865 NACMCHICAGO-MIDWEST NACM 8474836405 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 PHILLIP LATTANZIO PRESIDENT 8474836405 2025-08-26 1 0 THURE ROSS CPA P00577278 6305738600 2025-08-26 2024 2025-03-06 01:10:19Z PHILLIP LATTANZIO 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 354738 0 X WWW.NACMCHICAGO.ORG X 1942 IL EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT AND COMMERCIAL CREDIT MATTERS; FORUM FOR NETWORKING 15 15 0 15 0 0 203078 204411 141698 150327 0 0 0 0 344776 354738 0 0 0 0 30912 58855 0 0 0 186676 202687 217588 261542 127188 93196 3371761 3445999 1610500 1510394 1761261 1935605 TO PROVIDE A FORUM TO MEMBERS WITHIN THE CREDIT PROFESSION FOR EDUCATION, NETWORKING AND BUSINESS RESOURCES. 0 0 EDUCATION OF MEMBERS AND THE GENERAL PUBLIC REGARDING CREDIT MANAGEMENT, FRAUD PREVENTION, AND COMMERCIAL CREDIT MATTERS BY CONDUCTING CONFERENCES, SEMINARS AND TRAINING, INCLUDING THE SALE OF BOOKS & PUBLICATIONS; A FORUM FOR NETWORKING. 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 0 1 1 1 1 0 X KERRY JENSEN 8474836405 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 BRENDON MISIK COUNCILOR 0.50 1.50 X 0 0 0 BRENT HEIZELMAN CHAIR 0.50 1.50 X X 0 0 0 JEFF WEBER VICE CHAIR 0.50 1.50 X X 0 0 0 CURTIS LITCHFIELD DIRECTOR 0.50 1.50 X 0 0 0 ALICJA GORSKI DIRECTOR 0.50 1.50 X 0 0 0 DEB ROLLMAN TREASURER 0.50 1.50 X X 0 0 0 JOSEPH LANGE DIRECTOR 0.50 1.50 X 0 0 0 SHELBY COCKCROFT DIRECTOR 0.50 1.50 X 0 0 0 MARTINE DYER DIRECTOR 0.50 1.50 X 0 0 0 KENDRA GERDES DIRECTOR 0.50 1.50 X 0 0 0 JORDAN PELOQUIN DIRECTOR 0.50 1.50 X 0 0 0 CAROLINE PERKINS DIRECTOR 0.50 1.50 X 0 0 0 AMY COOK DIRECTOR 0.50 1.50 X 0 0 0 JACK MAURO DIRECTOR 0.50 1.50 X 0 0 0 ZEB MILLER DIRECTOR 0.50 1.50 X 0 0 0 PHILLIP LATTANZIO PRESIDENT 5.00 35.00 X 0 203365 24402 KERRY JENSEN SECRETARY/CFO 5.00 35.00 X 0 141191 4468 LILLIAN NOVAK CHIEF COMMUNICATIONS OFFICER 5.00 35.00 X 0 126508 2159 GREGORY STEINKOENIG MANAGER OF CREDIT SOLUTIONS 5.00 35.00 X 0 144351 23212 GLORIA SCOTT CREDIT AND RISK SOLUTION CONSULTANT 5.00 35.00 X 0 127305 441 0 742720 54682 0 0 1 0 0 204411 204411 EDUCATION/SEMINARS 611710 150327 150327 150327 354738 150327 0 0 52561 1741 4553 1908 724 78652 2647 ADMINISTRATIVE EXPENSES 70056 BUREAU ASSESSMENT 41514 7186 261542 51775 56963 311661 311661 3008325 3077375 3371761 3445999 82936 65494 123937 122421 1403627 1322479 1610500 1510394 X 1761261 1935605 1761261 1935605 3371761 3445999 X 93196 81148 X X 0 1 X 1 0 1 1 0 0 DUE FROM AFFILIATES 3076734 SECURITY DEPOSITS 641 3077375 CLOSELY HELD INTEREST 1322479 1322479 X PART X, LINE 2: THE ORGANIZATION CONSISTS OF BOTH NOT-FOR-PROFIT ASSOCIATIONS, FOR-PROFIT SUBSIDIARIES, AND A LIMITED LIABILITY COMPANY (LLC). THE ASSOCIATIONS ARE NOT-FOR-PROFIT ENTITIES, DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, EXCEPT FOR THE ST. LOUIS ASSOCIATION OF CREDIT MANAGEMENT, WHICH IS DESCRIBED IN SECTION 501(C)(3) AND ARE EXEMPT FROM INCOME TAXES, EXCEPT TO THE EXTENT OF ANY UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED MARCH 31, 2025 AND 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES FOR THE ASSOCIATIONS IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE SUBSIDIARIES ARE SUBJECT TO INCOME TAXES, AND USE THE ASSET/LIABILITY METHOD OF ACCOUNTING FOR INCOME TAXES. THE ORGANIZATION DETERMINED THAT IT WAS NOT REQUIRED TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS AS OF MARCH 31, 2025 AND 2024. 1 0 0 0 PHILLIP LATTANZIO PRESIDENT 0 178584 0 24781 0 0 0 2925 0 21477 0 227767 0 0 GREGORY STEINKOENIG MANAGER OF CREDIT SOLUTIONS 0 72750 0 3617 0 67984 0 1572 0 21640 0 167563 0 0 PART I, LINE 3 SERVICES FOR THE CORPORATION ARE PERFORMED BY EMPLOYEES OF CHICAGO-MIDWEST CREDIT SERVICE CORP. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS AN ASSOCIATION WITH MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION HAS ONLY ONE TYPE OF MEMBER. THE MEMBERSHIP IS MADE UP OF PROFESSIONALS IN THE BUSINESS CREDIT AND FINANCIAL MANAGEMENT FIELDS. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN CHANGES TO THE ORGANIZATION'S GOVERNING DOCUMENTS ARE SUBJECT TO A MEMBER VOTE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS INSPECTED BY THE VICE PRESIDENT OF FINANCE AND THE PRESIDENT/CHIEF OPERATING OFFICER BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES AND APPROVES THE COMPENSATION OF THE PRESIDENT. THE PRESIDENT DETERMINES THE SALARIES OF OTHER OFFICERS/KEY EMPLOYEES DURING AN ANNUAL REVIEW PROCESS. OFFICER COMPENSATION IS PAID BY THE ASSOCIATION'S WHOLLY-OWNED, FOR-PROFIT SUBSIDIARY, CHICAGO-MIDWEST CREDIT SERVICE CORP. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND TAX FILINGS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9: DECREASE IN VALUE OF INVESTMENT IN CHICAGO SUBSIDIARY -529,736. INCREASE IN VALUE OF BUFFALO SUBSIDIARY 4,027. INCREASE IN VALUE OF ST. LOUIS SUBSIDIARY 183,032. INCREASE IN VALUE OF MILWAUKEE SUBSIDIARY 128,687. DECREASE IN VALUE OF INDIANA SUBSIDIARY -36,277. INCREASE IN VALUE OF MICHIGAN SUBSIDIARY 49,304. INCREASE IN VALUE OF OHIO SUBSIDIARY 271,016. INCREASE IN VALUE OF PENNSYLVANIA SUBSIDIARY 62,945. DECREASE IN VALUE OF NEW ENGLAND SUBSIDIARY -51,850. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. NACM NORTHEAST INC 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 943435090 EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT IL 501(C)(6) N/A N/A 0 ST LOUIS ASSOCIATION OF CREDIT MANAGEMENT 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 430493480 EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT MO 501(C)(3) LINE 10 N/A 0 NATIONAL ASSOCIATION OF CREDIT MANAGEMENT GREAT LAKES REGION INC 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 356028857 EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT IN 501(C)(6) N/A N/A 0 ROBERT L VODRASKA SCHOLARSHIP FOUNDATION 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 371562913 SCHOLARSHIP FOUNDATION IL 501(C)(3) LINE 10 N/A 0 CREDITEMPS INC DBA CHICAGO MIDWEST BUSINESS STAFFING SERVICE INC 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 363894763 EMPLOYMENT SERVICE IL N/A C 0 CHICAGO-MIDWEST CREDIT SERVICE CORP 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 360896010 CREDIT & COLLECTION MEMBERSHIP SERVICE IL NACM CHICAGO-MIDWEST C 2252601 1.00000 1 MILWAUKEE-MIDWEST CREDIT SERVICE CORP 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 364594639 CREDIT & COLLECTION MEMBERSHIP SERVICE IL NACM CHICAGO-MIDWEST C 476971 91406 1.00000 1 WESTERN NEW YORK ADJUSTMENT CORPORATION 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 160685580 CREDIT & COLLECTION MEMBERSHIP SERVICE NY N/A C 0 ADJUSTMENT BUREAU OF ST LOUIS ASSOCIATION OF CREDIT MANAGEMENT 3005 TOLLVIEW DRIVE ROLLING MEADOWS IL 60008 430152990 CREDIT & COLLECTION MEMBERSHIP SERVICE MO N/A C 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CREDITEMPS INC E 63339 CASH EXCHANGED CHICAGO-MIDWEST SERVICE CORP D 3298889 CASH EXCHANGED MILWAUKEE-MIDWEST CREDIT SERVICE CORP E 157067 CASH EXCHANGED