Indiana Constructors Inc
- Assets
- $12.7m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Indianapolis, IN
- Founding
- 10/2006
- Data as of
- 12/2023
- EIN
- 20-5329171
Organization Overview
Indiana Constructors Inc is located in Indianapolis, IN. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Indiana Constructors Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Constructors Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Indiana Constructors Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $4.1m during the year ending 12/2023. While expenses have increased by 5.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENHANCE THE IMAGE, WELL-BEING & ECONOMIC/POLITICAL STRENGTH OF INDIANA'S ROAD CONSTRUCTION INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER RELATIONS - ICI STAFF ENGAGES WITH ITS STATEWIDE MEMBERSHIP AT THEIR OFFICES - VIA TELEPHONE, EMAIL OR VIRTUAL CONFERENCING - OR AS THEY ATTEND IN-PERSON ASSOCIATION MEETINGS TO DETERMINE NEEDS AND CONCERNS AND TO EXPLAIN THE VALUE OF VARIOUS PROGRAMS OFFERED BY ICI. ADDITIONALLY, ICI PUBLISHES A WIDELY-READ AND DISTRIBUTED WEEKLY ELECTRONIC NEWSLETTER AND PUSHES INFORMATION OUT TO ITS MEMBERSHIP AND THE GENERAL PUBLIC THROUGH SOCIAL MEDIA CHANNELS.
WORKER/MANAGEMENT RELATIONS - ICI STAFF LEADS MEMBER TEAMS IN NEGOTIATIONS REPRESENTING MANAGEMENT WITH SEVERAL LABOR UNIONS AND THEIR LOCALS ACROSS THE STATE AND APPOINTS AND TRAINS VOLUNTEER MEMBERS TO SERVE AS MANAGEMENT TRUSTEES ON VARIOUS LABOR/MANAGEMENT HEALTH & WELFARE AND PENSION TRUST FUNDS. ADDITIONALLY, ICI WORKS WITH A THIRD-PARTY VENDOR IN ADMINISTERING A SUBSTANCE ABUSE TESTING PROGRAM FOR THE EMPLOYERS THAT ARE SIGNATORY TO THE LABOR AGREEMENTS THAT CONTAIN THIS PROGRAM.
GOVERNMENT AFFAIRS - AT THE STATE LEVEL, ICI MONITORS ALL LEGISLATION INTRODUCED BY THE INDIANA GENERAL ASSEMBLY TO DETERMINE POSSIBLE IMPACT TO MEMBERS, LOBBYING TO EITHER DEFEAT OR PROMOTE BILLS ACCORDINGLY. ICI ALSO MONITORS THE HAPPENINGS AT THE FEDERAL LEVEL THROUGH ITS AFFILIATED ORGANIZATIONS, THE ASSOCIATED GENERAL CONTRACTORS OF AMERICAN AND THE AMERICAN ROAD AND TRANSPORTATION BUILDERS ASSOCIATION, COMMUNICATING IMPACTFUL INFORMATION BACK TO OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Loney Director | Trustee | 1 | $0 |
Andrew F Brooks Imm. Past Chair | OfficerTrustee | 3 | $0 |
Jim Nordhoff Chairman | OfficerTrustee | 3 | $0 |
Mark Smith Secretary/treasurer | OfficerTrustee | 3 | $0 |
Kimberly Arndt Director | Trustee | 1 | $0 |
Phil Beer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,671,183 |
| Investment income | $331,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $36,805 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,040,059 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $265,175 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,052,469 |
| Pension plan accruals and contributions | $93,735 |
| Other employee benefits | $70,592 |
| Payroll taxes | $93,811 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,926 |
| Fees for services: Accounting | $23,593 |
| Fees for services: Lobbying | $35,200 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,700 |
| Fees for services: Other | $582,686 |
| Advertising and promotion | $0 |
| Office expenses | $6,144 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $148,543 |
| Travel | $61,238 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $939,081 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,960 |
| Insurance | $29,517 |
| All other expenses | $82,989 |
| Total functional expenses | $4,127,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $7,288,541 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $395,974 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $722,770 |
| Net Land, buildings, and equipment | $81,625 |
| Investments—publicly traded securities | $3,930,633 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $265,605 |
| Total assets | $12,685,348 |
| Accounts payable and accrued expenses | $243,404 |
| Grants payable | $0 |
| Deferred revenue | $504,599 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $209,064 |
| Total liabilities | $957,067 |
| Net assets without donor restrictions | $11,728,281 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,685,348 |