Indiana Association For Corporate Renewal Inc
- Assets
- $24.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brownsburg, IN
- Founding
- 06/2003
- Data as of
- 12/2021
- EIN
- 35-2132079
Organization Overview
Indiana Association For Corporate Renewal Inc is located in Brownsburg, IN. The organization was established in 2003. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Association For Corporate Renewal 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 12/2021, Indiana Association For Corporate Renewal Inc generated $35.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $31.0k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PROGRAMS ARE PROVIDED TO APPROXIMATELY 100 MEMBERS AND GUESTS, REGARDING VARIOUS BUSINESS ENTITIES IN VARYING STAGES OF FINANCIAL DIFFICULTY INCLUDING BANKRUPTCY AND TURN AROUND SITUATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Allman Treasurer | 2 | $0 | |
Mark Heine Director | 2 | $0 | |
Robert Leasure Director | 2 | $0 | |
Whitney Mosby Director | 2 | $0 | |
Jonathan Sundheimer Secretary | 2 | $0 | |
Matthew Gallivan Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,915 |
| Total Program Service Revenue | $0 |
| Membership dues | $4,130 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,681 |
| Other Revenue | $440 |
| Total Revenue | $35,804 |
| 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 | $24,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $26 |
| Other expenses | $6,992 |
| Total expenses | $31,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,126 |
| Other assets | $0 |
| Total assets | $24,333 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,333 |
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