Central Indiana Power Community Trust Inc is located in Greenfield, IN. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Indiana Power Community Trust 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 12/2022, Central Indiana Power Community Trust Inc generated $94.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $97.9k during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
DISBURSED 22 GRANTS TO DIFFERENT AREA ORGANIZATIONS WHO PERFORM VARIOUS BENEVOLENT SERVICES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Greenwalt Trustee | 0.1 | $0 | |
Debbie Elsbury Trustee | 0.1 | $0 | |
Cole Zachary Trustee | 0.1 | $0 | |
John Collins Trustee | 0.1 | $0 | |
Karl Klienbub Trustee | 0.1 | $0 | |
Luke Tucker Chairman | 0.1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,947 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,962 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $97,928 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,558 |
| Other assets | $0 |
| Total assets | $20,769 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,769 |