INDIANA ASSOCIATION OF PLUMBING- HEATING-COOLING CONTRACTORS INC

EIN: 356201701

INDIANAPOLIS, IN

Total Revenue
$484,774
Total Expenses
$428,884
Total Assets
$1,010,797
Net Assets
$800,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
IN
Principal Officer
CHARLES GILLESPIE
Phone
3175759292
Tax Period
2023-01-01 to 2023-12-31

INDIANA ASSOCIATION OF PLUMBING- HEATING-COOLING CONTRACTORS INC, founded in 1908, is a small nonprofit that reported $485K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $429K left a modest 12% surplus.

Mission

TO CONTRIBUTE TO THE ADVANCEMENT OF THE PLUMBING-HEATING-COOLING INDUSTIRES IN THE STATE OF INDIANA BY GIVING ITS VARIOUS MEMBERS AND THEIR SUPPLIERS A FORUM TO ORGANIZE VARIOUS EDUCATIONAL MEETINGS AND CLASSES, LICENSE REQUIREMENTS AND TRAINING AND SOCIAL INTERACTION

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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 $183,795
Investment Income $35,056
Other Revenue $265,923
TOTAL REVENUE $484,774

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,564
Fundraising Expenses $0
Other Expenses $137,320
TOTAL EXPENSES $428,884

Year-over-Year Comparison

2023 2022 Change
Revenue $484,774 $410,350 +0.2%
Expenses $428,884 $390,222 +0.1%
Net Income $55,890 $20,128 +1.8%
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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Governance

Voting Members
20
Independent Members
20
Employees
3
Volunteers
45

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
7
$161,552
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK HELM PRESIDENT 1.00
Officer Director
$0 $0 $0
JOSH MICHAEL VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
VALERIE BUTLER SECRETARY 1.00
Officer Director
$0 $0 $0
GABE RITTER TREASURER 1.00
Officer Director
$0 $0 $0
JIM FARMER PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
BETH ROVAZZINI BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID FRAME BOARD MEMBER 1.00
Director
$0 $0 $0
FRED GRABER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN ELWARD BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA CIRIELLO-BENEDICT BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY LYNCH BOARD MEMBER 1.00
Director
$0 $0 $0
RANDY MENY BOARD MEMBER 1.00
Director
$0 $0 $0
RAY ABBOTT BOARD MEMBER 1.00
Director
$0 $0 $0
TONY PHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
TYLER FRAME BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL RODGERS BOARD MEMBER 1.00
Director
$0 $0 $0
CHARLES DIPPON BOARD MEMBER 1.00
Director
$0 $0 $0
JORDAN NEW BOARD MEMBER 1.00
Director
$0 $0 $0
GREG BRENNEMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM MENY BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA DANT EXECUTIVE DIRECTOR 40.00
Officer
$151,937 $0 $151,937
CHARLES GILLESPIE EXECUTIVE DIRECTOR (START DEC.) 40.00
Officer
$9,615 $0 $9,615
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 $484,774 $428,884 $1,010,797 $55,890
2022 $410,350 $390,222 $951,052 $20,128
2021 $387,738 $349,003 $953,781 $38,735
2020 $369,222 $335,147 $897,371 $34,075
2019 $389,408 $355,098 $797,852 $34,310
2018 $380,048 $341,871 $719,847 $38,177
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