Indiana Workers Compensation Institute
- Assets
- $24.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 08/2012
- Data as of
- 12/2022
- EIN
- 35-1832761
Organization Overview
Indiana Workers Compensation Institute is located in Indianapolis, IN. The organization was established in 2012. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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 Workers Compensation Institute 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 Workers Compensation Institute generated $56.0k 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 (10.3%) each year. All expenses for the organization totaled $67.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Koers President | 1 | $0 | |
Vernon Poland Board Member | 1 | $0 | |
Angela Giles Board Member | 1 | $0 | |
Norette Mason Secretary | 1 | $0 | |
Kristen Garber Board Member | 1 | $0 | |
Greg Hale Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,805 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,232 |
| Other Revenue | $0 |
| Total Revenue | $56,037 |
| 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 | $1,960 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $332 |
| Other expenses | $65,172 |
| Total expenses | $67,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,793 |
| Other assets | $0 |
| Total assets | $24,793 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,793 |