Great Lakes Valley Conference
- Assets
- $1.2m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Indianapolis, IN
- Founding
- 01/2001
- Data as of
- 06/2023
- EIN
- 35-2046329
Organization Overview
Great Lakes Valley Conference is located in Indianapolis, IN. The organization was established in 2001. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Great Lakes Valley Conference employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Valley Conference is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Great Lakes Valley Conference generated $1.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $1.4m during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 8 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
ADMINISTRATION AND PROMOTION OF NCAA DIVISION II SPORTS AT 14 MIDWEST UNIVERSITIES THAT ARE MEMBER INSTITUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS STRATEGIC INITIATIVE PROGRAMS - LEADERSHIP AND RESOURCES PROVIDED TO ENABLE ITS MEMBERS TO ENGAGE IN INTERCOLLEGIATE ATHLETIC COMPETITION AND TO FOSTER SPORTSMANSHIP, ETHICAL CONDUCT, MUTUAL RESPECT AND CONFIDENCE AMOUNG ITS MEMBER INSTITUTIONS.
SPORTS TOURNAMENTS - INTERCOLLEGIATE TOURNAMENTS ORGANIZED BY GLVC FOR THEIR MEMBER INSTITUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Daniel Dobbins Treasurer | OfficerTrustee | 1 | $0 |
Dr Brian Mcgee Council Member | Trustee | 1 | $0 |
Dr David Livingston Vice Chair | OfficerTrustee | 1 | $0 |
Dr Elizabeth Macleod Walls Council Member | Trustee | 1 | $0 |
Ms Kathy Franke Council Member | Trustee | 1 | $0 |
Dr Janet Gooch Council Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $433,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $114,086 |
| All other contributions, gifts, grants, and similar amounts not included above | $160,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $707,586 |
| Total Program Service Revenue | $543,760 |
| Investment income | $4,800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,440 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $15,273 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,375,902 |
| 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. | $307,042 |
| Compensation of current officers, directors, key employees. | $168,873 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,192 |
| Pension plan accruals and contributions | $4,904 |
| Other employee benefits | $19,974 |
| Payroll taxes | $24,842 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $43,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $49,690 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $34,929 |
| Travel | $33,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,052 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $785 |
| Insurance | $20,088 |
| All other expenses | $2,033 |
| Total functional expenses | $1,391,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,683 |
| Savings and temporary cash investments | $779,598 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,077 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,466 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,186 |
| Investments—publicly traded securities | $195,498 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $61,524 |
| Total assets | $1,197,032 |
| Accounts payable and accrued expenses | $3,709 |
| 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 | $62,117 |
| Total liabilities | $65,826 |
| Net assets without donor restrictions | $1,131,206 |
| 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 | $1,197,032 |