Independent Energy Human Resources Assoc Formerly IPHRA

EIN: 521949443

Towson, MD

Total Revenue
$163,770
Total Expenses
$186,382
Total Assets
$148,143
Net Assets
$148,143
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
SC
Principal Officer
Karen Lombardi
Phone
4438231234
Tax Period
2024-01-01 to 2024-12-31

Independent Energy Human Resources Assoc Formerly IPHRA, founded in 1989, is a small nonprofit that reported $164K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $186K exceeded revenue, resulting in a 14% operating deficit.

Mission

Collectively examine issues and exchange ideas with Human Resources professionals in the independent energy industry. Provide current data to companies to compare their own human resource practices with others in the industry.

Program Service Accomplishments

Program 1
Expenses: $87,969

Hosted annual conference attended by global HR professionals to increase learning and development.

Program 2
Expenses: $512

Co sponsor salary survey to gather information

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $163,750
Investment Income $20
Other Revenue $0
TOTAL REVENUE $163,770

Expense Breakdown

Grants Paid $0
Salaries & Benefits $68,200
Fundraising Expenses $0
Program Expenses $88,481
Other Expenses $118,182
TOTAL EXPENSES $186,382

Year-over-Year Comparison

2024 2023 Change
Revenue $163,770 $183,436 -0.1%
Expenses $186,382 $141,827 +0.3%
Net Income $-22,612 $41,609 -1.5%
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

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Governance

Voting Members
14
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
6
$68,200
Total Directors
14
$68,200
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Lombardi Executive Director 040.00
Officer Director Highest
$68,200 $0 $68,200
Audrey Airey HR Manager, NAES 001.00
Officer Director
$0 $0 $0
Kyle Adler VP Conf Planning 001.00
Officer Director
$0 $0 $0
Alex Antestenis HR Director, Petro China 001.00
Officer Director
$0 $0 $0
Michael Wood HR Director, Dashiell 001.00
Officer Director
$0 $0 $0
Carol Laumann Secretary 001.00
Officer Director
$0 $0 $0
Daniel Bickerstaff Senior HR Manager, Rev 001.00
Director
$0 $0 $0
Amanda Cambrice Treasurer 001.00
Director
$0 $0 $0
James Embry People Organ leader 001.00
Director
$0 $0 $0
Ana Estella VP Salary Survey 001.00
Director
$0 $0 $0
Jill Funderburke Recruiting Mgr 001.00
Director
$0 $0 $0
Tony Taylor HR Business Ptn, Camstex 001.00
Director
$0 $0 $0
Linda Okowita Sr VP Human Resourc 001.00
Director
$0 $0 $0
Ashley Waggoner Chair, President 001.00
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
2024 $163,770 $186,382 $148,143 $-22,612
2023 $183,436 $141,827 $170,755 $41,609
2022 $209,534 $148,422 $129,146 $61,112
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