INDIANA STATE CHAMBER OF COMMERCE FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
INDIANA STATE CHAMBER OF COMMERCE FOUNDATION INC (EIN 31-1010164)
Tax period
2024-11-01 to 2025-10-31
Filed
2026-02-17
IRS object ID
202600489349301565
Schema version
2024v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2026-02-17T14:14:49+00:00ReturnTs
Tax Period End2025-10-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN440160260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Forvis Mazars LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1820 Massachusetts Ave Suite 1370AddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-11-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN311010164EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Indiana Chamber of Commerce Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlINDIBusinessNameControlTxt
Phone3172646879PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1115 W Washington St Ste 850SAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonVanessa Green SindersPersonNm
Person TitlePresident and CEOPersonTitleTxt
Signature2026-02-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonNicole FishbackPreparerPersonNm
PTINP01279475PTIN
Phone3173834000PhoneNum
Preparation2026-03-16PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Vanessa Green SindersBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1115 W Washington St Ste 850SAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$422,228GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.INDIANACHAMBER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1981FormationYr
Legal Domicile StateINLegalDomicileStateCd
Activity Or MissionTHE FOUNDATION CONDUCTS STUDIES, PRODUCES REPORTS, AND ESTABLISHES INITIATIVES TO GENERATE SOLUTIONS TO ENHANCE INDIANA'S ECONOMIC FUTURE AND QUALITY OF LIFE.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers16TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$631,200PYContributionsGrantsAmt
CY Contributions Grants$397,450CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$33,069PYInvestmentIncomeAmt
CY Investment Income$24,778CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$664,269PYTotalRevenueAmt
CY Total Revenue$422,228CYTotalRevenueAmt
PY Grants And Similar Paid$250,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$260,401PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$365,972CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$586,800PYOtherExpensesAmt
CY Other Expenses$405,444CYOtherExpensesAmt
PY Total Expenses$1,097,201PYTotalExpensesAmt
CY Total Expenses$771,416CYTotalExpensesAmt
PY Revenues Less Expenses-$432,932PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$349,188CYRevenuesLessExpensesAmt
Total Assets BOY$763,948TotalAssetsBOYAmt
Total Assets EOY$431,039TotalAssetsEOYAmt
Total Liabilities BOY$51,147TotalLiabilitiesBOYAmt
Total Liabilities EOY$69,215TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$712,801NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$361,824NetAssetsOrFundBalancesEOYAmt
MissionTHE INDIANA CHAMBER OF COMMERCE FOUNDATION WORKS TO ENCOURAGE, AID, AND PROMOTE EDUCATIONAL AND CHARITABLE ORGANIZATIONS, ENDEAVORS, AND RESEARCH ACTVITIES WHICH WILL BENEFIT THE GENERAL PUBLIC OF INDIANA, WITH AN EMPHASIS ON ACTIVITIES THAT PROMOTE ECONOMIC DEVELOPMENT AND JOB OPPORTUNITIES WITHIN INDIANA.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$451,850ExpenseAmt
DescINDIANA PROSPERITY 2035 IS A LONG-TERM ECONOMIC DEVELOPMENT ACTION PLAN DEVELOPED IN 2022 TO POSITION INDIANA TO BE A GLOBAL LEADER IN INNOVATION AND ECONOMIC OPPORTUNITY WHERE ENTERPRISES AND CITIZENS PROSPER. IT OUTLINES 32 INITIATIVES IN SIX FOCUS AREAS WHICH PROMOTE OUTSTANDING TALENT, K-12 EDUCATION EXCELLENCE, ECONOMIC INNOVATION, SUPERIOR INFRASTRUCTURE, QUALITY OF PLACE AND A HEALTHY STATE. ACTIVITIES INCLUDE IN-DEPTH RESEARCH, PROGRAMMING, VOLUNTEER TASK FORCE WORK, REGIONAL AND STATEWIDE OUTREACH AND THE PLAN INCLUDES REPORT CARDS AND OTHER INITIATIVES TO TRACK PLAN PROGRESS. A VOLUNTEER TASK FORCE LEAD THE DEVELOPMENT OF THE PLAN.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$305,436ExpenseAmt
DescSEVERAL PUBLIC POLICY ISSUE RESEARCH STUDIES WERE COMMISSIONED AND CONCLUDED IN 2025, INCLUDING A COMPREHENSIVE STUDY OF THE STATE'S TAX SYSTEM AND LAWS, ENERGY PERMITTING AND SITING WITH THE US ENERGY FOUNDATION, A RICHARD M FAIRBANKS FOUNDATION PARTERSHIP TO INCUBATE A NEW TECHNOLOGY TALENT ASSOCIATION, AND A STUDY ON THE WORKFORCE NEEDS FOR THE STATE WITH THE INDIANA FISCAL POLICY INSTITUTE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$757,286TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (true)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee2EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Policies Reference ChaptersfalsePoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Written Policy Or ProcedurefalseWrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Darla BarnettBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3172646879PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1115 W Washington St Ste 850 SAddressLine1Txt
CityIndianapolisCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
DAN ELSENER
DIRECTOR, CHAIR1.00.0Yes (X)Yes (X)$0$0$0
ERIN SCHNEIDER
DIRECTOR, TREASURER1.00.0Yes (X)Yes (X)$0$0$0
PAUL THRIFT
DIRECTOR, VICE CHAIR1.00.0Yes (X)Yes (X)$0$0$0
AL HUBBARD
DIRECTOR1.01.0Yes (X)$0$0$0
CHUCK BALDWIN
DIRECTOR1.01.0Yes (X)$0$0$0
DAN EVANS
DIRECTOR1.00.0Yes (X)$0$0$0
JEAN WOJTOWICZ
DIRECTOR1.00.0Yes (X)$0$0$0
KERRY STEMLER
DIRECTOR1.00.0Yes (X)$0$0$0
LARRY GARATONI
DIRECTOR1.00.0Yes (X)$0$0$0
MACLYN PARKER
DIRECTOR1.00.0Yes (X)$0$0$0
MARILYN MORAN-TOWNSEND
DIRECTOR1.00.0Yes (X)$0$0$0
MICHAEL KUBACKI
DIRECTOR1.00.0Yes (X)$0$0$0
MICHAEL WELLS
DIRECTOR1.01.0Yes (X)$0$0$0
PERRY GRIFFITH
DIRECTOR1.00.0Yes (X)$0$0$0
STEPHEN FERGUSON
DIRECTOR1.01.0Yes (X)$0$0$0
TOM EASTERDAY
DIRECTOR1.01.0Yes (X)$0$0$0
TODD HURST
SECRETARY (START 12/1/24)25.025.0Yes (X)$94,640$94,640$7,228
VANESSA GREEN SINDERS
PRESIDENT AND CEO2.048.0Yes (X)$0$410,296$46,360
BROCK HESLER
VP MEMBERSHIP & FDN RELATIONS (END 5/10/24)5.045.0$0$155,588$20,859Yes (X)
KEVIN BRINEGAR
PRESIDENT AND CEO (END 1/5/24)2.048.0$0$241,548$4,987Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$94,640TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$902,072TotReportableCompRltdOrgAmt
Total Other Compensation$79,434TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$25,000RelatedOrganizationsAmt
All Other Contributions$372,450AllOtherContributionsAmt
Total Contributions$397,450TotalContributionsAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$0TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$24,778TotalRevenueColumnAmt
Exclusion$24,778ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$422,228TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$24,778ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$14,583TotalAmt
Program Services$14,583ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$326,501TotalAmt
Program Services$322,534ProgramServicesAmt
Management And General$3,967ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$24,888TotalAmt
Program Services$24,555ProgramServicesAmt
Management And General$333ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$2,847TotalAmt
Management And General$2,847ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,287TotalAmt
Management And General$3,287ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,696TotalAmt
Program Services$0ProgramServicesAmt
Management And General$3,696ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,519TotalAmt
Program Services$5,519ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$9,789TotalAmt
Program Services$9,789ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
INDIANA PROSPERITY 2035$117,078$117,078
Tax Study$100,051$100,051
Technology Talent Association$87,698$87,698
Energy Study$75,479$75,479

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$771,416TotalAmt
Program Services$757,286ProgramServicesAmt
Management And General$14,130ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$77,739BOYAmt
EOY$123,285EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$212,500BOYAmt
EOY$171,250EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$50,000BOYAmt
EOY$0EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$21,583BOYAmt
EOY$36,167EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,100LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,100LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$402,126BOYAmt
EOY$100,337EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$763,948BOYAmt
EOY$431,039EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$51,147BOYAmt
EOY$69,215EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$51,147BOYAmt
EOY$69,215EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$230,374BOYAmt
EOY$145,808EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$482,427BOYAmt
EOY$216,016EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$712,801BOYAmt
EOY$361,824EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$763,948BOYAmt
EOY$431,039EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$349,188ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,789NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1Indiana Chamber of Commerce INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN350411610EIN
Organization Type9OrganizationTypeCd
Governing Document ListedYes (true)GoverningDocumentListedInd
Support$400,782SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$400,782SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (true)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationfalseSuprtOrgNoIRSDeterminationInd
Supported Org Section C456Yes (true)SupportedOrgSectionC456Ind
Supported Org QualifiedYes (true)SupportedOrgQualifiedInd
Suprt Exclusively Sec170c2 BYes (true)SuprtExclusivelySec170c2BInd
Supported Org Not Organized USfalseSupportedOrgNotOrganizedUSInd
Organization Change Suprt OrgfalseOrganizationChangeSuprtOrgInd
Support Non Supported OrgfalseSupportNonSupportedOrgInd
Payment Substantial ContribtrfalsePaymentSubstantialContribtrInd
Loan Disqualified PersonfalseLoanDisqualifiedPersonInd
Controlled Disqualified PrsnfalseControlledDisqualifiedPrsnInd
Disqualified Prsn Controll IntfalseDisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr IntfalseDisqualifiedPrsnOwnrIntInd
Excess Business Holdings RulesfalseExcessBusinessHoldingsRulesInd
Contribution ControllerfalseContributionControllerInd
Contribution FamilyfalseContributionFamilyInd
Contribution35 ControlledfalseContribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (true)MajorityDirTrstSupportedOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule A, Part I INFORMATION ABOUT SUPPORTED ORGANIZATIONSINDIANA CHAMBER OF COMMERCE, INC 35-0411610, IS A 501(C)(6) ORGANIZATION LISTED IN THE INDIANA CHAMBER OF COMMERCE FOUNDATION, INC'S GOVERNING DOCUMENTS. AMOUNT OF SUPPORT PROVIDED $400,782.
Schedule A, Part IV, Section A, Line 3b Qualified Under 501C(4)(5) Or (6)THE ORGANIZATION SUPPORTS THE INDIANA CHAMBER OF COMMERCE (CHAMBER), AN ORGANIZATION DESCRIBED UNDER 501(C)(6) AS DETERMINED IN ITS IRS DETERMINATION LETTER. THE FOUNDATION IS PROVIDED A PROFORMA 509(A)(2) CALCULATION TO VERIFY THE SUPPORTED ORGANIZATION WOULD MEET THIS CLASSIFICATION.
Schedule A, Part IV, Section A, Line 3c Support To Org. Used Exclusively Sec. 170(c)(2)(B) PurposesANY SUPPORT PROVIDED TO THE CHAMBER WOULD BE REQUIRED TO BE USED FOR CHARITABLE PURPOSES ONLY. THE CHAMBER WOULD BE REQUIRED TO REPORT BACK TO THE FOUNDATION HOW THE SUPPORT WAS USED IN ORDER TO VERIFY IT WAS USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,100OtherCostOrOtherBasisAmt
Depreciation$2,100DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$420,439TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,789NetUnrealizedGainsInvstAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported-$1,789RevenueNotReportedAmt
Revenue Subtotal$422,228RevenueSubtotalAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$422,228TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$771,416TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$771,416ExpensesSubtotalAmt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$771,416TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 ASC 740 DISCLOSUREFormAndLineReferenceDesc
ExplanationMANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
KEVIN BRINEGAR
PRESIDENT AND CEO (END 1/5/24)$0$8,704$0$158,000$0$74,844$0$4,000$0$987$0$246,535$0$0
VANESSA GREEN SINDERS
PRESIDENT AND CEO$0$373,901$0$36,000$0$395$0$5,100$0$41,260$0$456,656$0$0
TODD HURST
SECRETARY (START 12/1/24)$86,279$86,279$7,500$7,500$861$861$3,494$3,494$120$120$98,254$98,254$0$0
BROCK HESLER
VP MEMBERSHIP & FDN RELATIONS (END 5/10/24)$0$40,196$0$60,630$0$54,762$0$4,248$0$16,611$0$176,447$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensationCOMPENSATION IS DETERMINED FOR THESE INDIVIDUALS BY THE RELATED ORGANIZATION, INDIANA CHAMBER OF COMMERCE,
Schedule J, Part I, Line 4a Severance or change-of-control paymentTHE FOLLOWING INDIVIDUAL WAS PAID A SEVERANCE DURING 2024: BROCK HESLER - $54,483 (2.5 MONTHS)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part V, Line 2a RELATED ORGANIZATIONSINDIANA CHAMBER OF COMMERCE, INC (A RELATED ORGANIZATION TO INDIANA CHAMBER OF COMMERCE FOUNDATION) IS THE COMMON PAYMASTER FOR ALL PAYROLL RELATED EXPENSES AND IS FULLY REIMBURSED BY INDIANA CHAMBER OF COMMERCE FOUNDATION.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT CPA FIRM. THE 990 IS REVIEWED IN DETAIL BY THE PRESIDENT, SECRETARY, AND TREASURER PRIOR TO FILING.
Form 990, Part VI, Line 12c Conflict of interest policyA QUESTIONNAIRE IS DISTRIBUTED TO BOARD MEMBERS ANNUALLY TO DISCLOSE PERSONAL AND BUSINESS RELATIONSHIPS. THE QUESTIONNAIRES ARE REVIEWED ANNUALLY. IF A CONFLICT EXISTS RESTRICTIONS WILL BE IMPOSED ON PERSONS WITH CONFLICT SUCH AS PROHIBITING THEM FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTIONS.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOUNDATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
INDIANA CHAMBER OF COMMERCE INC
115 W WASHINGTON ST STE 850 SINDIANAPOLISIN46204350411610ADVOCACYIN501(c)(6)NAfalse
INDIANA BUSINESS FOR RESPONSIVE GOVT
115 W WASHINGTON ST STE 850 SINDIANAPOLISIN46204351789566STATE PACIN527ICCfalse
INDIANA CHAMBER CONGRESSIONAL ACTION COM (END 61025)
115 W WASHINGTON ST STE 850 SINDIANAPOLISIN46204208089741FEDERAL PACIN527ICCfalse
WELLNESS COUNCIL OF INDIANA
115 W WASHINGTON ST STE 850 SINDIANAPOLISIN46204351742510WELLNESS EDIN501(c)(3)ICCfalse10
INSTITUTE FOR WORKFORCE EXCELLENCE
115 W WASHINGTON ST STE 850 SINDIANAPOLISIN46204300279390WORKFORCEIN501(c)(3)ICCfalseType II
CHAMBER BENEFIT ARRANGEMENT OF IN TRUST
115 W WASHINGTON ST STE 850 SINDIANAPOLISIN46204836614110INSURANCEIN501(c)(9)ICCfalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1INDIANA CHAMBER SERVICES INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1115 W WASHINGTON ST STE 850 SAddressLine1Txt
CityINDIANAPOLISCityNm
State AbbreviationINStateAbbreviationCd
ZIP46204ZIPCd
FieldValueIRS element (for citing)
EIN204531629EIN
Primary ActivitiesMARKETINGPrimaryActivitiesTxt
Legal Domicile StateINLegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1ICCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeC CorporationEntityTypeTxt
Share Of Total Income$0ShareOfTotalIncomeAmt
Share Of EOY Assets$0ShareOfEOYAssetsAmt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1INDIANA CHAMBER OF COMMERCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeOTransactionTypeTxt
Involved$400,782InvolvedAmt
Method Of Amount DeterminationCOST/HOURSMethodOfAmountDeterminationTxt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule R, Part IV DIRECT CONTROLLING ENTITYFormAndLineReferenceDesc
ExplanationINDIANA CHAMBER OF COMMERCE, INC. IS THE DIRECT CONTROLLING ENTITY OF INDIANA CHAMBER OF COMMERCE FOUNDATION, INDIANA BUSINESS FOR RESPONSIVE GOVERNMENT, INDIANA CHAMBER CONGRESSIONAL ACTION COMMITTEE, WELLNESS COUNCIL OF INDIANA, INSTITUTE FOR WORKFORCE EXCELLENCE, AND INDIANA CHAMBER SERVICES, INC. THE INDIANA CHAMBER OF COMMERCE IS THE ESTABLISHING ORGANIZATION AND THE INDIANAPOLIS CHAMBER OF COMMERCE IS THE ENDORSING ORGANIZATION OF THE CHAMBER BENEFIT ARRANGEMENT OF IN TRUST.ExplanationTxt

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