Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired
- Assets
- $11.7m
- Revenue
- $2.3m
- Investments
- $9.4m
- Employees
- 3
- Location
- Indianapolis, IN
- Founding
- 10/1991
- Data as of
- 09/2023
- EIN
- 35-1837731
Organization Overview
Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired is located in Indianapolis, IN. The organization was established in 1991. According to its NTEE Classification (W50) the organization is classified as: Telecommunications, under the broad grouping of Public & Societal Benefit and related organizations. As of 09/2023, Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2023, Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired generated $2.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $1.9m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired has awarded 15 individual grants totaling $325,319. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S EXEMPT PURPOSE IS TO PROVIDE TELEPHONE RELAY SERVICE TO HEARING AND SPEECH IMPAIRED PERSONS RESIDING IN INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THIS ORGANIZATION WAS ESTABLISHED TO PROVIDE TELEPHONE RELAY ACCESS SERVICE TO HEARING AND SPEECH IMPAIRED PERSONS RESIDING IN INDIANA. AN AVERAGE OF MORE THAN 14,500 CALLS WERE MADE EACH MONTH.
WITHIN THE SCOPE OF OUR PURPOSE, TO PROVIDE TELEPHONE RELAY ACCESS SERVICE TO HEARING AND SPEECH IMPAIRED PEOPLE IN INDIANA, WE DEVELOPED AN EQUIPMENT LOAN PROGRAM TO LOWER INCOME HOUSEHOLDS.
INTRAC HAS CREATED A GRANT PROGRAM DESIGNED TO SUPPORT INDIANA-BASED NONPROFIT ORGANIZATIONS, PREFERABLY ORGANIZATIONS RECOGNIZED AS 501(C)(3) CHARITIES UNDER THE US INTERNAL REVENUE CODE AS WELL AS INITIATIVES SPONSORED BY DEAF-OWNED FOR-PROFIT ORGANIZATIONS. SUCH ORGANIZATIONS WILL HAVE A PRINCIPAL OR SECONDARY PURPOSE OF PROMOTING PROGRAMS OR SERVICES CENTRAL TO INDIANA'S DEAF, DEAF-BLIND, HARD-OF-HEARING, OR SPEECH-IMPAIRED COMMUNITIES (THE COMMUNITY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhonda Marcum Director | Trustee | 0.3 | $0 |
Ted Hankins Director | Trustee | 0.3 | $0 |
Alan Terrell Secretary | Trustee | 0.3 | $0 |
Sharon Mckay Treasurer | Officer | 0.3 | $0 |
Pepper Mulherin President | Officer | 0.3 | $0 |
Virginia Barr Executive Director | 40 | $115,734 |
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 | $0 |
| Investment income | $309,209 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,633 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,286,893 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,569 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,984 |
| Pension plan accruals and contributions | $28,911 |
| Other employee benefits | $103,048 |
| Payroll taxes | $21,784 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,683 |
| Fees for services: Accounting | $40,486 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,409 |
| Advertising and promotion | $305,506 |
| Office expenses | $33,250 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,721 |
| Travel | $10,091 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,078 |
| Insurance | $0 |
| All other expenses | $58,447 |
| Total functional expenses | $1,863,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,961,708 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $177,073 |
| 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 | $15,201 |
| Net Land, buildings, and equipment | $4,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,412,961 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,229 |
| Total assets | $11,656,040 |
| Accounts payable and accrued expenses | $171,065 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $45,288 |
| Total liabilities | $216,353 |
| Net assets without donor restrictions | $11,439,687 |
| 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 | $11,656,040 |
Grants Awarded
Over the last fiscal year, Indiana Telephone Relay Access Corp For The Hearing & Speech Impaired has awarded $20,569 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JOSEPH MALEY FOUNDATION INC PURPOSE: DISABILITY AWARENESS AND EDUCATION | $12,569 |
INDIANA ASSOCIATION FOR THE DEAF PURPOSE: DEAF YOUTH PROGRAM | $8,000 |