Northwest Indiana Forum Inc
- Assets
- $552.6k
- Revenue
- $983.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Portage, IN
- Founding
- 09/1980
- Data as of
- 12/2022
- EIN
- 35-1467924
Organization Overview
Northwest Indiana Forum Inc is located in Portage, IN. The organization was established in 1980. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Northwest Indiana Forum Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Indiana Forum 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 12/2022, Northwest Indiana Forum Inc generated $983.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $680.4k during the year ending 12/2022. 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 INCREASE BROAD-BASED WEALTH IN NORTHWEST INDIANA THROUGH ECONOMIC DEVELOPMENT IN HARMONY WITH THE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUTREACH AND EDUCATIONAL EFFORTS ENCOURAGING ENVIRONMENTAL CONSCIOUSNESS, BUSINESS DEVELOPMENT, JOB CREATION AND CAPITAL INVESTMENT IN THE 7-COUNTY AREA (LAKE, PORTER, LAPORTE, STARKE, JASPER, NEWTON AND PULASKI).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony S Kazakevicius Director | OfficerTrustee | 2 | $0 |
Bill Baker Director | Trustee | 2 | $0 |
Brian Hittinger Vice - Chair | OfficerTrustee | 2 | $0 |
Chancellor Ken Iwama Director | Trustee | 2 | $0 |
Chancellor Thomas Keon Director | Trustee | 2 | $0 |
Clarence Hulse Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $478,383 |
| Fundraising events | $0 |
| Related organizations | $402,728 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $87,539 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $968,650 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,800 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $983,450 |
| 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. | $152,071 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $246,013 |
| Pension plan accruals and contributions | $13,639 |
| Other employee benefits | $21,910 |
| Payroll taxes | $28,674 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,846 |
| Advertising and promotion | $1,500 |
| Office expenses | $11,987 |
| Information technology | $4,521 |
| Royalties | $0 |
| Occupancy | $52,725 |
| Travel | $13,381 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,639 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,212 |
| Insurance | $6,915 |
| All other expenses | $0 |
| Total functional expenses | $680,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $456,801 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,988 |
| 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 | $6,456 |
| Net Land, buildings, and equipment | $21,515 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,819 |
| Total assets | $552,579 |
| Accounts payable and accrued expenses | $2,800 |
| Grants payable | $0 |
| Deferred revenue | $42,288 |
| 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 | $103,664 |
| Total liabilities | $148,752 |
| Net assets without donor restrictions | $395,561 |
| Net assets with donor restrictions | $8,266 |
| 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 | $552,579 |