INDIANA INDUSTRIAL ENERGY CONSUMER… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

PHILLIP GOLDEN

Phone

3176391210

Tax Period

2025-01-01 to 2025-12-31

INDIANA INDUSTRIAL ENERGY CONSUMERS INC C/O LEWIS KAPPES PC, founded in 1983, is a small nonprofit that reported $283K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

INFLUENCE SOUND ENERGY POLICY DEVELOPMENT AND DECISION-MAKING TO ENSURE A RELIABLE AND COST-EFFECTIVE ENERGY SUPPLY TO INDIANA INDUSTRIAL ENERGY CONSUMERS.

Program Service Accomplishments

Program 1

INDIEC ACTIVELY PURSUES ENERGY POLICIES THAT INCLUDE THE PRESERVATION OF EXISTING INDUSTRIAL AND ECONOMIC BASE, AND PROMOTE ECONOMIC GROWTH IN THE STATE OF INDIANA. ENERGY POLICY DEVELOPS IN MANY...

INDIEC ACTIVELY PURSUES ENERGY POLICIES THAT INCLUDE THE PRESERVATION OF EXISTING INDUSTRIAL AND ECONOMIC BASE, AND PROMOTE ECONOMIC GROWTH IN THE STATE OF INDIANA. ENERGY POLICY DEVELOPS IN MANY DIFFERENT ARENAS, INCLUDING ADMINISTRATIVE, LEGISLATIVE, AND REGULATORY BODIES. INDIEC TIES ALL THE ARENAS TOGETHER. THROUGH INDIEC, MEMBERS CAN STAY INFORMED AND MAKE SURE THAT LARGE CONSUMERS HAVE GOVERNMENT AFFAIRS REPRESENTATION AND REPORTING.

Program 2

INDIEC SPONSORS TECHNICAL WORKSHOPS AND AN ANNUAL ENERGY CONFERENCE TO INCREASE KNOWLEDGE OF ENERGY AND UTILITY ISSUES. TECHNICAL WORKSHOPS ARE HELD EVERY OTHER YEAR ON TIME-SENSITIVE ENERGY TOPICS. WITH AN AVERAGE ATTENDANCE OF 65, WORKSHOP PROGRAMS BRING TOGETHER INDIEC MEMBERS, KEY REGULATORS FROM THE INDIANA UTILITY REGULATORY COMMISSION, AND INDIANA'S OFFICE OF CONSUMER COUNSELOR. THE ENERGY CONFERENCE IS A ONE-DAY ANNUAL EVENT THAT PRESENTS THOUGHT-PROVOKING SPEAKERS AND TOPICS TO OVER 125 ENERGY AND POLICY STAKEHOLDERS, OF WHICH 16-20 ARE INDIEC MEMBER COMPANIES. THIS ANNUAL GATHERING BRINGS TOGETHER DECISION-MAKERS FROM A BROAD SPECTRUM OF BUSINESS SECTORS INCLUDING: ENERGY COMMUNITY, INDUSTRIAL MANUFACTURING, POLICYMAKERS, FINANCE, ENGINEERING.

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Trantor Score

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

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

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $262,752

Program Service Revenue $19,998

Investment Income $386

Other Revenue $0

TOTAL REVENUE $283,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $301,644

TOTAL EXPENSES $301,644

Year-over-Year Comparison

	2025	2024	Change
Revenue	$283,136	$249,745	+0.1%
Expenses	$301,644	$267,555	+0.1%
Net Income	$-18,508	$-17,810	+0.0%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP GOLDEN	TREASURER	1.00	Officer Director	$0	$0	$0
ANNETTE FOLLMER	DIRECTOR	1.00	Director	$0	$0	$0
GREG LONG	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
RICK NELSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BRIAN BLACKBURN	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL HAZARAY	DIRECTOR	1.00	Director	$0	$0	$0
DUSTIN DEHAVEN	SECRETARY	1.00	Officer Director	$0	$0	$0
ERIC SCROGGINS	DIRECTOR	1.00	Director	$0	$0	$0
KIRK MASSA	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CROSSEY	DIRECTOR	1.00	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	$283,136	$301,644	$65,307	$-18,508
2024	$249,745	$267,555	$83,815	$-17,810
2023	$279,935	$261,539	$101,625	$18,396
2022	$265,817	$283,603	$83,229	$-17,786
2021	$317,112	$272,442	$101,015	$44,670
2020	$196,298	$217,417	$56,345	$-21,119

INDIANA INDUSTRIAL ENERGY CONSUMERS INC C/O LEWIS KAPPES PC