Institute For Career Development Inc
- Assets
- $1.6m
- Revenue
- $1.0m
- Investments
- $43.6k
- Employees
- 6
- Location
- Merrillville, IN
- Founding
- 06/1992
- Data as of
- 12/2023
- EIN
- 35-1818874
Organization Overview
Institute For Career Development Inc is located in Merrillville, IN. The organization was established in 1992. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2023, Institute For Career Development Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Career Development Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Institute For Career Development Inc generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A WORKFORCE TRAINING PROGRAM FOR ELIGIBLE MEMBERS OF THE UNITED STEELWORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS AS ITS EXEMPT PURPOSE ACTIVITIES UNDER CODE SECTION 501(C)(5) AND OPERATES CAREER DEVELOPMENT PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Mccall Governing Board | Trustee | 1 | $0 |
Emil Ramirez Governing Board | Trustee | 1 | $0 |
Robert Fischer Governing Board | Trustee | 1 | $0 |
Sean Hayden Executive Director | Officer | 55 | $122,712 |
Stephanie Stalmah Assistant Executive Direct | Officer | 55 | $110,169 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $1,013,099 |
| Investment income | $33,459 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,036,634 |
| 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. | $232,881 |
| Compensation of current officers, directors, key employees. | $102,821 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,250 |
| Pension plan accruals and contributions | $42,082 |
| Other employee benefits | $181,514 |
| Payroll taxes | $40,812 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $47,733 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,321 |
| Advertising and promotion | $21,211 |
| Office expenses | $16,543 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,711 |
| Travel | $81,146 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $142,268 |
| Interest | $552 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,331 |
| Insurance | $5,172 |
| All other expenses | $2,108 |
| Total functional expenses | $1,241,877 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $315,014 |
| Savings and temporary cash investments | $775,702 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $125,196 |
| 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 | $7,797 |
| Net Land, buildings, and equipment | $17,995 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $43,590 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $330,748 |
| Total assets | $1,616,042 |
| Accounts payable and accrued expenses | $53,453 |
| Grants payable | $0 |
| Deferred revenue | $64,877 |
| 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 | $2,695 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $267,973 |
| Total liabilities | $388,998 |
| Net assets without donor restrictions | $1,227,044 |
| 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 | $1,616,042 |