INDIANA COMMERCE EXECUTIVES ASSOCI… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1929

Legal Domicile

Principal Officer

SHELLI WILLIAMS

Phone

8128713000

Tax Period

2024-07-01 to 2025-06-30

INDIANA COMMERCE EXECUTIVES ASSOCIATION INC, founded in 1929, is a micro nonprofit that reported $84K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Net assets of $249K represent 35 months of operating reserves.

Mission

TO PROVIDE LOCAL CHAMBERS OF COMMERCE IN INDIANA INFORMATION, EDUCATIONAL PROGRAMMING, AND OPPORTUNITIES FOR NETWORKING.

Program Service Accomplishments

Program 1

Expenses: $87,552

PROVIDED PROFESSIONAL DEVELOPMENT SERVICES FOR LOCAL CHAMBERS OF COMMERCE IN INDIANA. OFFERED TWO STATEWIDE CONFERENCES. HOSTED AN ACADEMY COURSE TARGETING THOSE NEW TO THE CHAMBER PROFESSION. HOSTED A ONE DAY BUILDING MEMBERSHIP WORKSHOP TO ASSIST LOCAL CHAMBERS WITH MEMBERSHIP GROWTH AND RETENTION. OFFERED PROFESSIONAL DEVELOPMENT SCHOLARSHIPS TO MEMBERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $73,667

Investment Income $7,383

Other Revenue $3,105

TOTAL REVENUE $84,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $89,588

Other Expenses $89,588

TOTAL EXPENSES $89,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,155	$89,922	-0.1%
Expenses	$89,588	$71,699	+0.2%
Net Income	$-5,433	$18,223	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$55,008

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELLI WILLIAMS	PRESIDENT	8.00	Officer	$55,008	$0	$55,008
KRISTIN CRAIG	PAST CHAIR	2.00	Officer Director	$0	$0	$0
JUSTIN GROENERT	CHIEF STRATE	2.00	Officer Director	$0	$0	$0
NICK KIEFFER	VICE CHAIR P	2.00	Officer Director	$0	$0	$0
JAMIE NEAL	VICE CHAIR C	2.00	Officer Director	$0	$0	$0
ROB PARKER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DEANN PATENA	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
MELISSA TUCKER	VICE CHAIR M	2.00	Officer Director	$0	$0	$0
MELISSA VANCE	VICE CHAIR F	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$84,155	$89,588	$248,712	$-5,433
2024	$89,922	$71,699	$246,101	$18,223
2023	$77,650	$62,761	$217,057	$14,889
2022	$89,139	$67,885	$190,349	$21,254
2021	$77,844	$67,288	$196,956	$10,556
2020	$62,303	$56,871	$166,775	$5,432
2019	$74,317	$59,439	$161,225	$14,878

INDIANA COMMERCE EXECUTIVES ASSOCIATION INC