Illinois Manufacturers' Association
The Illinois Manufacturers' Association (IMA) is a 501(c)(6) business league and the oldest and largest state manufacturers association in the United States. Founded in 1893, the organization is headquartered in Oak Brook, Illinois, with an additional office in Springfield. The IMA represents more than 4,000 manufacturers across Illinois and serves as the primary advocacy and support organization for the state's manufacturing sector.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
+7.4% YoY
Annual Giving
$5.1M
+326.4% YoY
Grant Count
139
+98.6% YoY
Avg Grant Size
$37K
+114.8% YoY
Mission & Focus Areas
Mission Statement: To strengthen the economic, social, environmental and governmental conditions for manufacturing and allied enterprises in the state of Illinois, resulting in an enlarged business base and increased employment.
The organization focuses on:
- Educational services to members through conferences and publications
- Government affairs and legislative advocacy
- Workforce development and manufacturing training
- Business advocacy and economic development support
- Professional development for manufacturers
Grantmaking
The Illinois Manufacturers' Association engages in grant-making activities with a focus on Education, Professional Societies & Associations, and Community Improvement & Capacity Building, primarily serving Illinois, Michigan, and the District of Columbia.
Grant Range
**
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Geographic Focus
Where this funder awards grants
Primary service area is Illinois, with additional grantmaking activity in Michigan and the District of Columbia.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Fiscal Year 2023:
- Total Revenue: $6,853,809
- Total Expenses: $6,649,963
- Net Income: $203,846
- Total Assets: $6,000,000
- Total Liabilities: $2,820,000
- Net Assets: $3,181,522
Revenue Breakdown (2023):
- Contributions: $1,676,450 (24.5%)
- Program Services: $4,322,496 (63.1%)
- Investment Income: Remaining percentage
Tax Status: Tax-exempt since January 1922. Donations to this organization are not tax deductible.
Organization Size: Employs approximately 20 people with annual revenue of $19.1 million.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,446,860 | $6,002,648 | $5,229,986 |
| Revenue | $11,500,035 | $6,853,809 | $6,257,170 |
| Expenses | $11,267,717 | $6,649,963 | $5,932,455 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $150,441 | $87,120 | $88,966 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
150 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Mark Denzler — President & Chief Executive Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREW FAVILLE | DIRECTOR | 1 | — |
| MELISSA WASHINGTON | DIRECTOR | 1 | — |
| MICHAEL GRAHE | DIRECTOR | 1 | — |
| MICHAEL NELSON JR | DIRECTOR | 1 | — |
| NATE BAGUIO | DIRECTOR | 1 | — |
| PATRICK KENEFICK | DIRECTOR | 1 | — |
| PEDRO ROSARIO | DIRECTOR | 1 | — |
| RAY REDDICK | DIRECTOR | 1 | — |
| RENEE TOGHER | CHAIRMAN OF THE BOARD | 1 | — |
| MATT TOTSCH | DIRECTOR | 1 | — |
| RICK DELAWDER | DIRECTOR | 1 | — |
| SEAN MCCARTHY | DIRECTOR | 1 | — |
| STEVEN KASE | DIRECTOR | 1 | — |
| THOMAS G MERCIER | DIRECTOR | 1 | — |
| TIM SCHEETZ | DIRECTOR | 1 | — |
| TOBY BIELENBERG | DIRECTOR | 1 | — |
| THOMAS WALTERS | DIRECTOR | 1 | — |
| TOM WELGE | TREASURER | 1 | — |
| WES GARDOCKI | DIRECTOR | 1 | — |
| RUSSELL GARICH | DIRECTOR | 1 | — |
| WILLIAM M HICKEY JR | DIRECTOR | 1 | — |
| MARSHA SERLIN | DIRECTOR | 1 | — |
| JASON FRANCQUE | DIRECTOR | 1 | — |
| BRIAN SNELL | DIRECTOR | 1 | — |
| CHRIS OBER | DIRECTOR | 1 | — |
| DR CRISTOBAL VALDEZ ED D | DIRECTOR | 1 | — |
| ELIZABETH MATTHEWS | DIRECTOR | 1 | — |
| GILES MILLER | DIRECTOR | 1 | — |
| LINDA BOASMOND | DIRECTOR | 1 | — |
| GREG WEBB | DIRECTOR | 1 | — |
| BEN RISER | DIRECTOR | 1 | — |
| BARRY L MACLEAN | DIRECTOR | 1 | — |
| JEFF AHRSTROM | DIRECTOR | 1 | — |
| JESSICA A GARMON ESQ | DIRECTOR | 1 | — |
| JOHN FREDERICK | DIRECTOR | 1 | — |
| JOHN KAISER | DIRECTOR | 1 | — |
| KARA DEMIRJIAN HUSS | VICE CHAIRMAN OF THE BOARD | 1 | — |
| KEITH CARMAN | DIRECTOR | 1 | — |
| KRISTIN TINSLEY GIVENS | DIRECTOR | 1 | — |
| LEROY HAGENBUCH | DIRECTOR | 1 | — |
| ANEESA MUTHANA | DIRECTOR | 1 | — |
| SARAH HARTWICK | VP, SECRETARY | 37.5 | $214,691 |
| MARK DENZLER | PRESIDENT/CEO | 18.75 | $768,915 |
| RANDY PRINCE | SENIOR BUSINESS DEVELOPMENT MGR | 37.5 | $170,405 |
| DONOVAN GRIFFITH | DIRECTOR OF GOVERNMENT AFF | 37.5 | $238,550 |
| GORDON HULTEN | COO | 37.5 | $281,842 |
| PHILIP MCCALL | VICE PRESIDENT FINANCE/CFO | 37.5 | $301,216 |
Recent News & Activity
Recent developments and announcements
The IMA has undertaken several significant initiatives in recent years:
**Research & Development Credit Extension:** Saved manufacturers more than $800 million through extending the R&D credit
Governor Pritzker Awards $1.3 Million to 29 Manufacturing Companies Through**Tax Reform:** Successfully phased out the franchise tax and enacted a new Manufacturers Purchase Credit
**UI Trust Fund:** Successfully lobbied the General Assembly to spend $4 billion in federal ARPA dollars to offset debt in the UI Trust Fund rather than hiking taxes on employers
**Manufacturing Academies:** Championed creation of two new world-class manufacturing academies
**"Make it in Illinois" Campaign:** Launched a new $7 million campaign with the Department of Commerce & Economic Opportunity
**EDGE Program Improvements:** Worked to improve the EDGE program
The organization continues to serve as a powerful and respected leader in manufacturing advocacy, representing member interests from the White House to the Governor's Office, Congress to the General Assembly, and city halls across the state.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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