Indiana Utility Shareholders Association Inc
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Plainfield, IN
- Founding
- 04/2009
- Data as of
- 12/2022
- EIN
- 26-3899125
Organization Overview
Indiana Utility Shareholders Association Inc is located in Plainfield, IN. The organization was established in 2009. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Utility Shareholders Association 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 12/2022, Indiana Utility Shareholders Association Inc generated $476.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (54.1%) each year. All expenses for the organization totaled $283.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO ESTABLISH AND MAINTAIN A BUSINESS LEAGUE TO (1) IMPROVE AND PROMOTE A VIABLE AND SUCCESSFUL ENERGY INDUSTRY IN INDIANA THROUGH THE PERFORMANCE OF ACTIVITIES WHICH ARE PERMITTED BY THE ACT AND CODE AND (2) TO RECEIVE CONTRIBUTIONS OR GRANTS FROM ANY AND ALL SOURCES EITHER FOR THE FOREGOING PURPOSES OR TO DISTRIBUTE FUNDS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SEC. 501(C)(6) OF THE CODE.
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
THE ORGANIZATION HAS IMPROVED AND PROMOTED A VIABLE AND SUCCESSFUL ENERGY INDUSTRY IN INDIANA THROUGH THE PERFORMANCE OF ITS ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendall Cochran Vice Preside | 0 | $0 | |
Bill Byrd Director | 0 | $0 | |
Sharon Paxton Director | 3 | $0 | |
Wendell Thaler Director | 3 | $0 | |
Susan Huck Director | 3 | $0 | |
Julie Vincent President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $46 |
| Gain or Loss | $430 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $476 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,923 |
| Professional fees and other payments to independent contractors | $5,276 |
| Occupancy, rent, utilities, and maintenance | $10,976 |
| Printing, publications, postage, and shipping | $5,786 |
| Other expenses | $219,910 |
| Total expenses | $283,871 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,887 |
| Other assets | $0 |
| Total assets | $11,887 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,887 |