Employers Forum Of Indiana Inc
- Assets
- $1.5m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 5
- Location
- Carmel, IN
- Founding
- Data as of
- 12/2023
- EIN
- 85-2350404
Organization Overview
Employers Forum Of Indiana Inc is located in Carmel, IN. According to its NTEE Classification (E05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Health Care and related organizations. As of 12/2023, Employers Forum Of Indiana Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employers Forum Of Indiana 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 12/2023, Employers Forum Of Indiana Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.5% each year . All expenses for the organization totaled $921.3k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE VALUE RECEIVED BY EMPLOYERS AND PATIENTS FOR THEIR HEALTH CARE EXPENDITURES. VALUE CONSIDERATIONS INCLUDES PRICE, QUALITY, EMPLOYEE SATISFACTION AND UTILIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE EMPLOYERS FORUM OF INDIANA (EFI) HOSTED 5 ALL-STAKEHOLDER MEETINGS DISCUSSING VARIOUS HEALTH CARE TOPICS AND ISSUES. ALL-STAKEHOLDER MEETING MATERIALS ARE FREELY AND PUBLICLY AVAILABLE ON THE EFI WEBSITE. EFI ALSO HOSTED 4 EMPLOYER-ONLY MEETINGS TO DISCUSS TOP OF MIND HEALTHCARE RELATED ISSUES FOR INDIANA EMPLOYERS. MEMBERSHIP DECREASED FROM 78 TO 76 DURING 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gloria Sachdev President | OfficerTrustee | 40 | $255,000 |
David Kelleher Board Member | Officer | 10 | $2,500 |
Christan Royer Board Member | Officer | 10 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $301,345 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $892,011 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,193,356 |
| Total Program Service Revenue | $0 |
| Investment income | $21,505 |
| 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 | $1,214,861 |
| 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. | $282,500 |
| Compensation of current officers, directors, key employees. | $116,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,500 |
| Payroll taxes | $4,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $28,527 |
| Fees for services: Accounting | $7,995 |
| Fees for services: Lobbying | $36,215 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $282,394 |
| Advertising and promotion | $81,621 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,937 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,619 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,561 |
| All other expenses | $4,611 |
| Total functional expenses | $921,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,503,317 |
| 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 | $1,503,317 |
| 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 | $21,616 |
| Total liabilities | $21,616 |
| Net assets without donor restrictions | $1,162,461 |
| Net assets with donor restrictions | $319,240 |
| 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 | $1,503,317 |