Indiana Financial Services Association Inc
- Assets
- $64.9k
- Revenue
- $80.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/2014
- Data as of
- 12/2021
- 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 12/2021, Indiana Financial Services Association Inc generated $80.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $60.0k during the year ending 12/2021. While expenses have increased by 8.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE COMMON INTERESTS, OPPORTUNITIES, AND GROWTH OF ENTITIES AND ORGANIZATIONS WHO PROVIDE FINANCIAL SERVICES THROUGHOUT THE STATE OF INDIANA; TO SUPPORT THE SPECIFIC NEEDS OF THOSE ENTITIES AND ORGANIZATIONS WITHIN THE FINANCIAL SERVICES INDUSTRY; TO RECOGNIZE AND FURTHER DEVELOP THE NETWORK OF THOSE ENTITIES AND ORGANIZATIONS PROVIDING FINANCIAL SERVICES AND OPERATING THROUGHOUT THE STATE OF INDIANA; TO SUPPORT AND PROMOTE, THROUGH A SINGLE ORGANIZATION, THE POSITION OF THE MEMBERSHIP ON SIGNIFICANT LOCAL, STATE, AND NATIONAL CONCERNS OF THE FINANCIAL SERVICES INDUSTRY; TO SERVE AS A VEHICLE FOR ENTITIES AND ORGANIZATIONS ENGAGED IN FINACIAL SERVICES TO IDENTIFY, CONFIRM, AND COMMUNICATE CERTAIN LEGISLATIVE, EXECUTIVE, REGULATORY AND OTHER POLICY ISSUES WHICH PERTAIN TO THE INTERESTS OF THE FINANCIAL SERVICES INDUSTRY GENERALLY OR WITH RESPECT TO THE MEMBERS TO APPROPRIATE THIRD PARTIES, TO THE EXTENT PERMITTED BY LAW; TO MONITOR PUBLIC LEGISLATION FOR THE PURPOSE OF KEEPIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Black President/se | OfficerTrustee | 1 | $0 |
Scott Milbourn Vice Preside | OfficerTrustee | 1 | $0 |
Brett Ashton Executive Di | Officer | 1 | $0 |
Drew Chlan Board Member | Trustee | 1 | $0 |
Allen Griffith Board Member | Trustee | 1 | $0 |
Steven Holt Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $80,614 |
| 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 | $80,614 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $80,614 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,000 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $60,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $64,877 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $64,877 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $64,877 |
| 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 | $64,877 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Actuaries Schaumburg, IL | $66,013,531 | $3,256,481 |
National Conference Of Insurance Indianapolis, IN | $4,600,811 | $4,069,292 |
Missouri Association Of Insurance Agents Jefferson City, MO | $5,920,618 | $1,409,542 |
Professional Insurance Marketing Association Inc Chicago, IL | $872,807 | $772,491 |
National Equipment Finance Association Inc Northbrook, IL | $1,993,686 | $820,325 |
Chicago Chapter Of China General Chamber Of Commerce - Usa Chicago, IL | $491,758 | $373,411 |
Rheumatology Association Of Minnesota And The Dakotas Schaumburg, IL | $222,797 | $0 |
American Legion Post 52 Romeoville, IL | $222,970 | $0 |
Indiana Financial Services Association Inc Indianapolis, IN | $64,877 | $80,614 |
Masonic Society Inc Indianapolis, IN | $3,566 | $0 |
Kentucky Association Of Insurance & Financial Advisors Inc Louisville, KY | $33,123 | $0 |
American Board Of Interventional Pain Physicians Inc Paducah, KY | $972,257 | $106,296 |