Indiana Financial Services Association Inc
- Assets
- $93.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/2014
- Data as of
- 12/2023
- EIN
- 46-1002472
Organization Overview
Indiana Financial Services Association Inc is located in Indianapolis, IN. The organization was established in 2014. 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 Financial Services Association 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 12/2023, Indiana Financial Services Association Inc generated $92.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $75.0k during the year ending 12/2023. While expenses have increased by 13.9% per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTING THE COMMON INTERESTS, OPPORTUNITES, AND GROWTH OF ENTITIES AND ORGANIZATIONS WHO PROVIDE FINANCIAL SERVICES THROUGHOUT THE STATE OF INDIANA AND TO PROVIDE EDUCATION, RESEARCH, PUBLIC RELATIONS, DIRECT COMMUNICATION WITH REGULATORS AND LEGISLATORS CONCERNING THE FINANCIAL SERVICES INDUSTRY FOR THE BENEFIT OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Black President/sec/treasurer | 1 | $0 | |
Elizabeth Hammond Board Member | 1 | $0 | |
Allen Griffith Board Member | 1 | $0 | |
Steven Holt Board Member | 1 | $0 | |
Scott Milbourn Vice President | 1 | $0 | |
Joe Schuebert Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $92,415 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $92,415 |
| 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 | $75,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $75,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $93,792 |
| Other assets | $0 |
| Total assets | $93,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $93,792 |