Indiana Mineral Aggregates Association Inc
- Assets
- $1.8m
- Revenue
- $867.3k
- Investments
- $0.0
- Employees
- 4
- Location
- Carmel, IN
- Founding
- 06/1948
- Data as of
- 12/2021
- EIN
- 35-0410458
Organization Overview
Indiana Mineral Aggregates Association Inc is located in Carmel, IN. The organization was established in 1948. According to its NTEE Classification (U36) the organization is classified as: Geology, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Indiana Mineral Aggregates Association Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Mineral Aggregates Association 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 12/2021, Indiana Mineral Aggregates Association Inc generated $867.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $830.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ADVOCACY FOR THE INDIANA AGGREGATES INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WINTER WORKSHOP AND OPERATIONS SEMINAR - THIS IS AN ANNUAL EVENT FOR MEMBERS TO BE UPDATED ON ISSUES PERTINENT TO THE INDUSTRY. THERE ARE TRAINING AND EDUCATIONAL OPPORTUNITIES, IN SOME CASES OFFERING CEU'S.
ENVIRONMENTAL STEWARDSHIP COUNCIL - THIS IS AN ONGOING YEAR-LONG FUNCTION OF THE ASSOCIATION. THE PURPOSE IS TO PROVIDE A SELF-REGULATED RECLAMATION PROGRAM FOR THE INDUSTRY.
OTHER WORKSHOPS AND SEMINARS - INCLUDES THE ACTIVITIES OF THE PUBLIC INFORMATION AND EDUCATION COMMITTEE, WHICH CONDUCTS OUTREACH SERVICES; ALSO INCLUDES A SUMMER MEETING TO UPDATE MEMBERS AND PROVIDE EDUCATIONAL OPPORTUNITIES, AND SAFETY TRAINING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin Lee Executive Director | OfficerTrustee | 40 | $156,433 |
Ron Tipton Vice President | OfficerTrustee | 1 | $0 |
Ken Mulzer Jr President | OfficerTrustee | 1 | $0 |
John Schmidt Past Presient | OfficerTrustee | 1 | $0 |
Kris Luce President Elect | OfficerTrustee | 1 | $0 |
Gus Diehr Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $147,632 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,632 |
| Total Program Service Revenue | $667,465 |
| Investment income | $141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $34,230 |
| Net Income from Fundraising Events | $17,826 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $867,294 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $291,688 |
| Pension plan accruals and contributions | $8,156 |
| Other employee benefits | $43,878 |
| Payroll taxes | $22,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,744 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,603 |
| Advertising and promotion | $973 |
| Office expenses | $19,887 |
| Information technology | $13,121 |
| Royalties | $0 |
| Occupancy | $54,914 |
| Travel | $14,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,986 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,413 |
| Insurance | $10,356 |
| All other expenses | $28,623 |
| Total functional expenses | $830,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $162,007 |
| Savings and temporary cash investments | $262,986 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $68,444 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,745 |
| Prepaid expenses and deferred charges | $15,027 |
| Net Land, buildings, and equipment | $40,059 |
| Investments—publicly traded securities | $1,238,987 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,805,255 |
| Accounts payable and accrued expenses | $9,420 |
| Grants payable | $0 |
| Deferred revenue | $111,760 |
| 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 | $0 |
| Total liabilities | $121,180 |
| Net assets without donor restrictions | $1,684,075 |
| Net assets with donor restrictions | $0 |
| 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 | $1,805,255 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Mineral Aggregates Association Inc Carmel, IN | $1,805,255 | $867,294 |
Blue Ladies Minerals Inc St Louis, MO | $882,178 | $127,902 |
Eastern Section Of The Amer Assoc Of Petroleum Geologists Champaign, IL | $303,617 | $128,324 |
Association Of Earth Science Clubs Of Greater Kansas City Inc 1000 Po Independence, MO | $254,035 | $0 |
Geologic Timescale Foundation Inc West LAFAYETTE, IN | $295,854 | $0 |
Edith D And E Wm Heinrich Mineralogical Research Foundation Milwaukee, WI | $306,340 | $30,379 |