2026-08-14T06:54:10-05:00 2026-03-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2025-04-01 366107865 NACMCHICAGO-MIDWEST NACM 8474836405 2500 W HIGGINS RD 780 HOFFMAN ESTATES IL 60169 PHILLIP LATTANZIO PRESIDENT 8474836405 2026-08-10 1 THURE ROSS CPA P00577278 6305738600 2026-08-07 2025 2025-03-06 01:10:19Z X PHILLIP LATTANZIO 2500 W HIGGINS RD 780 HOFFMAN ESTATES IL 60169 330777 0 X WWW.NACMCHICAGO.ORG X 1942 IL EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT AND COMMERCIAL CREDIT MATTERS; FORUM FOR NETWORKING 14 14 0 14 0 0 204411 200238 150327 130539 0 0 0 0 354738 330777 0 0 0 0 58855 62157 0 0 0 202687 201300 261542 263457 93196 67320 3445999 3510473 1510394 1462526 1935605 2047947 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 14 14 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 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 BRENT HEIZELMAN COUNCILOR 0.50 1.50 X 0 0 0 JEFF WEBER CHAIR 0.50 1.50 X X 0 0 0 DEB ROLLMAN 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 JORDAN PELOQUIN TREASURER 0.50 1.50 X X 0 0 0 JOSEPH LANGE DIRECTOR 0.50 1.50 X 0 0 0 TONYA HALTOM DIRECTOR 0.50 1.50 X 0 0 0 BRITTANY ACONE DIRECTOR 0.50 1.50 X 0 0 0 ZEB MILLER DIRECTOR 0.50 1.50 X 0 0 0 LARRY DURRANT 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 PHILLIP LATTANZIO PRESIDENT 5.00 35.00 X 0 204709 27713 KERRY JENSEN SECRETARY/CFO 5.00 35.00 X 0 148290 4736 JAMES KELLY CREDIT SOLUTIONS CONSULTANT 5.00 35.00 X 0 118514 320 GLORIA SCOTT CREDIT AND RISK SOLUTIONS 5.00 35.00 X 0 128723 436 GREGORY STEINKOENIG MANAGER OF CREDIT SOLUTIONS 5.00 35.00 X 0 131062 21864 0 731298 55069 0 0 1 0 0 200238 200238 EDUCATION/SEMINARS 611710 130539 130539 130539 330777 130539 0 0 52904 5063 4190 1956 69442 3348 ADMINISTRATIVE EXPENSES 78293 BUREAU ASSESSMENT 42280 5981 263457 56963 51199 311661 311661 3077375 3147613 3445999 3510473 65494 62835 122421 122231 1322479 1277460 1510394 1462526 X 1935605 2047947 1935605 2047947 3445999 3510473 X 67320 45022 X 0 1 X 1 0 1 1 0 0 DUE FROM AFFILIATES 3146972 SECURITY DEPOSITS 641 3147613 CLOSELY HELD INTEREST 1277460 1277460 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, 2026 AND 2025. 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, 2026 AND 2025. 1 0 0 0 PHILLIP LATTANZIO PRESIDENT 0 183949 0 20760 0 0 0 3952 0 23761 0 232422 0 0 KERRY JENSEN SECRETARY/CFO 0 139250 0 9040 0 0 0 3998 0 738 0 153026 0 0 GREGORY STEINKOENIG MANAGER OF CREDIT SOLUTIONS 0 77972 0 3907 0 49183 0 1433 0 20431 0 152926 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 -271,203. DECREASE IN VALUE OF BUFFALO SUBSIDIARY -37,803. INCREASE IN VALUE OF ST. LOUIS SUBSIDIARY 9,152. INCREASE IN VALUE OF MILWAUKEE SUBSIDIARY 32,877. INCREASE IN VALUE OF INDIANA SUBSIDIARY 3,238. DECREASE IN VALUE OF MICHIGAN SUBSIDIARY -42,493. INCREASE IN VALUE OF OHIO SUBSIDIARY 299,849. INCREASE IN VALUE OF PENNSYLVANIA SUBSIDIARY 72,536. DECREASE IN VALUE OF NEW ENGLAND SUBSIDIARY -21,131. NACM NORTHEAST INC 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 943435090 EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT IL 501(C)(6) N/A N/A 0 ST LOUIS ASSOCIATION OF CREDIT MANAGEMENT 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 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 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 356028857 EDUCATION OF MEMBERS REGARDING CREDIT MANAGEMENT IN 501(C)(6) N/A N/A 0 ROBERT L VODRASKA SCHOLARSHIP FOUNDATION 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 371562913 SCHOLARSHIP FOUNDATION IL 501(C)(3) LINE 10 N/A 0 CREDITEMPS INC DBA CHICAGO MIDWEST BUSINESS STAFFING SERVICE INC 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 363894763 EMPLOYMENT SERVICE IL N/A C 0 CHICAGO-MIDWEST CREDIT SERVICE CORP 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 360896010 CREDIT & COLLECTION MEMBERSHIP SERVICE IL NACM CHICAGO-MIDWEST C 1075906 1.00000 1 MILWAUKEE-MIDWEST CREDIT SERVICE CORP 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 364594639 CREDIT & COLLECTION MEMBERSHIP SERVICE IL NACM CHICAGO-MIDWEST C 371452 125821 1.00000 1 WESTERN NEW YORK ADJUSTMENT CORPORATION 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 160685580 CREDIT & COLLECTION MEMBERSHIP SERVICE NY N/A C 0 ADJUSTMENT BUREAU OF ST LOUIS ASSOCIATION OF CREDIT MANAGEMENT 2500 W HIGGINS RD STE 780 HOFFMAN ESTATES IL 60169 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 3378782 CASH EXCHANGED MILWAUKEE-MIDWEST CREDIT SERVICE CORP E 166422 CASH EXCHANGED