Southeast Indiana Chamber Foundation Inc
- Assets
- $4.6k
- Revenue
- $281.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceburg, IN
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-3193681
Organization Overview
Southeast Indiana Chamber Foundation Inc is located in Lawrenceburg, IN. The organization was established in 2019. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Indiana Chamber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE SOUTHEAST INDIANA CHAMBER FOUNDATION IS A NONPROFIT ORGANIZATION THAT PROVIDES EDUCATIONAL PROGRAMMING FOCUSED ON LEADERSHIP, ENTREPRENEURSHIP AND CAREER DEVELOPMENT. THE FOUNDATION ALSO WORKS WITH THE BUSINESS COMMUNITY TO DEVELOP AND ADMINISTER WORKFORCE DEVELOPMENT OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
2021 LEADERSHIP DEARBORN THE SICF ADMINISTERS A LEADERSHIP PROGRAM FOCUSED ON TRAINING LOCAL LEADERS TO NOT ONLY BE BETTER MANAGERS FOR THEIR PARTICIPATING COMPANIES BUT MOST IMPORTANTLY BE BETTER COMMUNITY PARTNERS. THE PROGRAM IS 10, 4-HOUR SESSIONS OVER THE COURSE OF THE YEAR. WE GENERALLY HAVE BETWEEN 10-25 PARTICIPANTS AND THE COST IS $750 PER PARTICIPANT. THE FINANCIAL GOAL OF THE PROGRAM IS TO BREAK EVEN.
2021 MAVERICK CHALLENGE THE MAVERICK CHALLENGE IS A HIGH SCHOOL BUSINESS PLAN COMPETITION HOSTED BUY THE SICF. IT IS RUN BY VOLUNTEERS (INCLUDING SICF BOARD MEMBERS). THE GOAL IS TO SHOW LOCAL STUDENTS ALL THE OPPORTUNITIES HERE IN SE INDIANA IN THE HOPES THAT THEY WILL START THEIR CAREERS AND BUSINESSES LOCALLY.
2021 COVID PHASE 2 OCRA GRANT PROGRAM THE SICF ADMINISTERED GRANTS ON BEHALF OF AND INDIANA OCRA COVID PHASE 2 GRANT RECEIVED BY DEARBORN COUNTY. THE SICF ACTED AS THE SECONDARY AGENT AND WE RECEIVED THE GRANT FUNDS AND IMMEDIATELY DISBURSED THE ENTIRETY TO LOCAL DESERVING BUSINESSES BASED ON AN APPLICATION/APPROVAL PROCESS. NO ADMINISTRATIVE FEES WERE CHARGED, NO REVENUE WAS GENERATED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Kranz Executive Director | Officer | 3 | $0 |
Adrienne Flannery Director | Trustee | 1 | $0 |
Eg Mclaughlin Director | Trustee | 1 | $0 |
Karen Snyder Director | Trustee | 1 | $0 |
Steve Vanwassenhove Director | Trustee | 1 | $0 |
Hollie Stoops Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $275,000 |
| 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 | $275,000 |
| Total Program Service Revenue | $6,343 |
| 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 | $281,343 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $275,000 |
| 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 | $0 |
| 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 | $280,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,649 |
| 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 | $4,649 |
| 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 | $4,649 |
| 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 | $4,649 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southeast Indiana Chamber Foundation Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: COVID-19 RESPONSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Northwest Central Indiana Community Partnerships Inc West Lafayette, IN | $12,143,513 | $4,878,239 |
Educational Foundation Of The Mo Soc Of Cert Pub Accts Inc St Louis, MO | $355,307 | $1,392,196 |
Illinois Coalition For Community Services Springfield, IL | $268,054 | $992,624 |
Harlem Lake Marion Corp D B A Downtown Oak Park Oak Park, IL | $288,732 | $750,935 |
Indianapolis Neighborhood Resource Center Inc Indianapolis, IN | $1,122,953 | $770,097 |
Brightstar Wisconsin Foundation Inc Milwaukee, WI | $10,555,163 | $1,965,225 |
Friends Of Dugas Community Park Inc Scottsville, KY | $5,738,305 | $521,676 |
Shared Enterprise Management Inc Lafayette, IN | $5,168,519 | $342,006 |
Education Foundation Of The Ccim Institute Chicago, IL | $7,507,081 | $827,056 |
Central Appalachian Rural Investment Corporation London, KY | $174,968 | $303,826 |
Southeast Indiana Chamber Foundation Inc Lawrenceburg, IN | $4,649 | $281,343 |
Crsi Education And Research Foundation Schaumburg, IL | $3,622,028 | $306,204 |