INDIANA MASON CONTRACTORS ASSOCIATION INC

EIN: 351989574

INDIANAPOLIS, IN

Total Revenue
$382,297
Total Expenses
$336,533
Total Assets
$451,695
Net Assets
$449,260
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
IN
Principal Officer
TIM NORTON
Phone
3175044409
Tax Period
2023-01-01 to 2023-12-31

INDIANA MASON CONTRACTORS ASSOCIATION INC, founded in 1996, is a small nonprofit that reported $382K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $337K left a modest 12% surplus.

Mission

THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY TO PROMOTE THE BUSINESS INTEREST OF THE MASON CONTRACTING INDUSTRY AND IS A NONPROFIT CORPORATION AND ITS ACTIVITIES SHALL BE CONDUCTED IN SUCH A MANNER THAT NO PART OF ITS NET EARNINGS SHALL INURE TO THE BENEFIT OF ANY MEMBER, DIRECTOR, OR OFFICER OR OTHER PRIVATE PERSON, EXCEPT THAT THE CORPORATION SHALL BE AUTHORIZED AND EMPOWERED TO PAY REASONABLE COMPENSATION FOR SERVICES RENDERED AND TO MAKE PAYMENTS AND DISTRIBUTIONS IN FUTHERANCE OF ITS NONPROFIT ACTIVITIES AND PURPOSES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $382,182
Investment Income $115
Other Revenue $0
TOTAL REVENUE $382,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,282
Fundraising Expenses $0
Program Expenses $285,207
Other Expenses $277,251
TOTAL EXPENSES $336,533

Year-over-Year Comparison

2023 2022 Change
Revenue $382,297 $284,203 +0.3%
Expenses $336,533 $234,885 +0.4%
Net Income $45,764 $49,318 -0.1%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
1
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
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON BARNARD DIRECTOR 4.00
Director
$0 $0 $0
MIKE BERRISFORD PRESIDENT 4.00
Director
$0 $0 $0
GREG BROADY DIRECTOR 4.00
Director
$0 $0 $0
JIM BRUNS DIRECTOR 4.00
Director
$0 $0 $0
CLINT DICKEY DIRECTOR 4.00
Director
$0 $0 $0
TONY GUTZWILLER DIRECTOR 4.00
Director
$0 $0 $0
MATT KWIATKOWSKI IMCA/MMC DIR 4.00
Director
$0 $0 $0
TIM NORTON PRESIDENT 4.00
Officer Director
$0 $0 $0
CHRIS SIEBENHAAR DIRECTOR 4.00
Director
$0 $0 $0
DON ZUIDEMA DIRECTOR 4.00
Director
$0 $0 $0
DAN KWIATKOWSKI VICE PRESIDE 4.00
Officer
$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
2024 No data No data No data No data
2023 $382,297 $336,533 $451,695 $45,764
2022 $284,203 $234,885 $406,612 $49,318
2021 $303,534 $259,966 $356,092 $43,568
2020 $258,953 $225,295 $312,296 $33,658
2019 $305,960 $232,364 $278,945 $73,596
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