One Southern Indiana Inc
- Assets
- $1.6m
- Revenue
- $2.1m
- Investments
- $205.5k
- Employees
- 15
- Location
- New Albany, IN
- Founding
- 05/2006
- Data as of
- 06/2022
- EIN
- 20-4176026
Organization Overview
One Southern Indiana Inc is located in New Albany, IN. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, One Southern Indiana Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. One Southern Indiana Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, One Southern Indiana Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CREATION OF A UNIFIED EFFORT TO MOVE SOUTHERN INDIANA FORWARD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT THE CREATION OF A UNIFIED EFFORT TO MOVE SOUTHERN INDIANA FORWARD. THE ORGANIZATION PROACTIVELY WORKS TO GROW THE REGIONAL ECONOMY THROUGH BUSINESS ATTRACTION, RETENTION AND EXPANSION IN SOUTHERN INDIANA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Dant Chesser President/ceo | Officer | 40 | $177,929 |
Matt Hall Vice President | Officer | 40 | $118,865 |
Adrian Brown Board Chair | OfficerTrustee | 1 | $0 |
Bill Reedy Immediate Past Chair / Nominating Chair | OfficerTrustee | 1 | $0 |
Laurie Kemp Chair Elect / Economic Development Chair | OfficerTrustee | 1 | $0 |
Cathy Scrivner Board Development Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $175,185 |
| All other contributions, gifts, grants, and similar amounts not included above | $366,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $541,685 |
| Total Program Service Revenue | $1,573,334 |
| Investment income | $7,050 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $22,567 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,144,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $333,118 |
| Compensation of current officers, directors, key employees. | $106,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $649,251 |
| Pension plan accruals and contributions | $36,324 |
| Other employee benefits | $56,941 |
| Payroll taxes | $70,334 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,400 |
| Advertising and promotion | $73,045 |
| Office expenses | $32,403 |
| Information technology | $25,187 |
| Royalties | $0 |
| Occupancy | $73,528 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,559 |
| Insurance | $9,262 |
| All other expenses | $78,573 |
| Total functional expenses | $1,825,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,921 |
| Savings and temporary cash investments | $1,143,390 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $82,472 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,830 |
| Net Land, buildings, and equipment | $60,830 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $205,452 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,619,895 |
| Accounts payable and accrued expenses | $230,092 |
| Grants payable | $0 |
| Deferred revenue | $318,657 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,784 |
| Total liabilities | $650,533 |
| Net assets without donor restrictions | $798,362 |
| Net assets with donor restrictions | $171,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,619,895 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that One Southern Indiana Inc has recieved totaling $38,500.
| Awarding Organization | Amount |
|---|---|
Horseshoe Foundation Of Floyd County Inc New Albany, IN PURPOSE: GENERAL SUPPORT | $21,000 |
Paul Ogle Foundation Inc Jeffersonville, IN PURPOSE: ECONOMIC DEVELOPMENT SUPPORT | $17,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Appraisal Institute Chicago, IL | $29,125,581 | $19,187,200 |
American Massage Therapy Assn Evanston, IL | $43,659,958 | $20,082,192 |
National Roofing Contractors Association Rosemont, IL | $27,483,299 | $17,802,756 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |
American Marketing Association Inc Chicago, IL | $9,741,723 | $15,191,106 |
Alliance For Audited Media Lisle, IL | $17,794,762 | $11,739,341 |
American Society Of Safety Professionals Park Ridge, IL | $23,941,077 | $16,437,200 |
Board Of Certified Safety Professionals Of The Americas Inc Indianapolis, IN | $35,079,358 | $17,695,377 |
Prestressed Concrete Institute Chicago, IL | $8,854,978 | $13,790,264 |