Venture Club Of Indiana Inc
- Assets
- $165.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 35-1608013
Organization Overview
Venture Club Of Indiana Inc is located in Indianapolis, IN. The organization was established in 1985. 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. Venture Club Of Indiana 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, Venture Club Of Indiana Inc generated $143.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $112.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 8 years. 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 Program Activity:
Part 3
AS A CATALYST FOR INCREASED INVESTING IN INDIANA BUSINESSES, THE VENTURE CLUB OF INDIANA CREATES OPPORTUNITIES FOR REGULAR NETWORKING, EDUCATION, AND INFORMATION SHARING THROUGH ITS PROGRAMS, SEMINARS, AND MONTHLY LUNCHEON MEETINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Bartek Secretary | 1 | $0 | |
Samantha Ginther Director | 1 | $0 | |
Don Aquilano Director | 1 | $0 | |
Jonathan Schalliol Director | 1 | $0 | |
Matt Gardner Director | 1 | $0 | |
Ben Pidgeon Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,800 |
| Total Program Service Revenue | $18,148 |
| Membership dues | $40,530 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $143,506 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,000 |
| Occupancy, rent, utilities, and maintenance | $5,901 |
| Printing, publications, postage, and shipping | $3,150 |
| Other expenses | $73,283 |
| Total expenses | $112,334 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $165,259 |
| Other assets | $0 |
| Total assets | $165,259 |
| Total liabilities | $0 |
| Net assets or fund balances | $165,259 |
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