Indiana State Transportationworkers Foundation Inc is located in Indianapolis, IN. The organization was established in 2006. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana State Transportationworkers Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Indiana State Transportationworkers Foundation Inc generated $27.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $25.1k during the year ending 12/2023. While expenses have increased by 15.0% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HARDSHIP PROGRAM ASSISTANCETHE PURPOSE HARDSHIP PROGRAM IS TO PROVIDE IMMEDIATE, SHORT-TERM MONETARY ASSISTANCE TO INDIANA DEPARTMENT OF TRANSPORTATION (INDOT) EMPLOYEES OR THEIR IMMEDIATE FAMILY MEMBERS IN THE EVENT THAT THEY SUFFER A SERIOUS LOSS AS A RESULT OF A NATURAL DISASTER, SERIOUS INJURY OR ILLNESS, OR DEATH. THE OBJECTIVE OF THE MONETARY ASSISTANCE PROVIDED BY THE ISTWF IS TO HELP INDOT EMPLOYEES AND THEIR IMMEDIATE FAMILY MEMBERS CONTINUE TO HAVE ACCESS TO THE BASIC ESSENTIALS OF DAILY LIFE IMMEDIATELY FOLLOWING ONE OR MORE OF THE UNEXPECTED EVENTS . ALL BENEFITS, EXCEPT LOSS OF AN EMPLOYEE'S LIFE IN THE LINE OF DUTY, MUST BE APPLIED FOR USING THE ISTWF HARDSHIP PROGRAM APPLICATION PROCESS. ALL APPLICATIONS AND MONETARY DISTRIBUTIONS WILL BE REVIEWED AND SUBSEQUENTLY APPROVED OR DENIED BY THE HARDSHIP COMMITTEE OF THE ISTWF.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gregory L Henneke President | 0 | $0 | |
Calvin Lee Vice President | 0 | $0 | |
Kristine Weddell Treasurer | 0 | $0 | |
Steve Davidson Secretary/asst Treasurer From 9/23 | 0 | $0 | |
Troy Woodruff Secretary/asst Treasurer Thru 9/23 | 0 | $0 | |
Kenneth Franklin Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $19,899 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,267 |
Gain or Loss | $4,704 |
Net Income from Gaming & Fundraising | -$1,388 |
Other Revenue | $0 |
Total Revenue | $27,482 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,557 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $25,057 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $166,311 |
Other assets | $0 |
Total assets | $166,311 |
Total liabilities | $0 |
Net assets or fund balances | $166,311 |