Indiana Center For Nursing Inc
- Assets
- $515.4k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Indianapolis, IN
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 38-3697192
Organization Overview
Indiana Center For Nursing Inc is located in Indianapolis, IN. The organization was established in 2009. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 12/2022, Indiana Center For Nursing Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Center For Nursing Inc 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 12/2022, Indiana Center For Nursing Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 10.0% 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.
Since 2021, Indiana Center For Nursing Inc has awarded 18 individual grants totaling $650,469. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PURSUE AND ALIGN STRATEGIES TO ADDRESS NURSING RESOURCE REQUIREMENTS FOR THE STATE OF INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ASSURE THE FUTURE OF INDIANA'S NURSING WORKFORCE AND PROMOTE INDIANA AS A DESTINATION STATE FOR NURSING PRACTICE. EXPAND AND ENHANCE OUR CURRENT SERVICES AND SECURE THE FUTURE OF INDIANA'S LICENSED NURSING WORKFORCE.
CAREER INFORMATION REPOSITORY FOR INDIVIDUALS PURSUING OR ADVANCING NURSING CAREER.
PHILANTHROPIC PROGRAM TO RAISE SCHOLARSHIPS FOR NURSING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Karagory President | OfficerTrustee | 4 | $0 |
Angela Logan Vice President/president-Elect | OfficerTrustee | 3 | $0 |
Lynn Schmidt Treasurer | OfficerTrustee | 3 | $0 |
Cindy Adams Secretary | OfficerTrustee | 3 | $0 |
Karen Clark Imm. Past President | Trustee | 1 | $0 |
Lindsay Adams Board Member Term Began Jun'22 | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $446,024 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $550,748 |
| All other contributions, gifts, grants, and similar amounts not included above | $149,043 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,145,815 |
| Total Program Service Revenue | $0 |
| Investment income | $1,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,171,146 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $498,315 |
| Grants and other assistance to domestic individuals. | $101,563 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $245,895 |
| Compensation of current officers, directors, key employees. | $245,895 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,376 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $136,236 |
| Advertising and promotion | $0 |
| Office expenses | $870 |
| Information technology | $2,440 |
| Royalties | $0 |
| Occupancy | $46,829 |
| Travel | $14,916 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,416 |
| Insurance | $0 |
| All other expenses | $2,446 |
| Total functional expenses | $1,189,588 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $453,412 |
| Savings and temporary cash investments | $60,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,321 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $515,420 |
| Accounts payable and accrued expenses | $24,907 |
| 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 | $0 |
| Total liabilities | $24,907 |
| Net assets without donor restrictions | $0 |
| 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 | $490,513 |
| Total liabilities and net assets/fund balances | $515,420 |
Grants Awarded
Over the last fiscal year, Indiana Center For Nursing Inc has awarded $498,315 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ANDERSON UNIVERSITY PURPOSE: INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS | $49,742 |
COMMUNITY HEALTH NETWORK FOUNDATION PURPOSE: INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS | $76,073 |
INDIANA UNIVERSITY RESEARCH PURPOSE: INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS | $52,715 |
PURDUE UNIVERSITY PURPOSE: INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS | $64,481 |
INDIANA WESLEYAN UNIVERSITY PURPOSE: INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS | $66,427 |
GOSHEN COLLEGE PURPOSE: INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS | $52,044 |