Indiana Interchurch Center Corporation
- Assets
- $2.9m
- Revenue
- $654.8k
- Investments
- $414.0k
- Employees
- 11
- Location
- Indianapolis, IN
- Founding
- 04/1965
- Data as of
- 12/2023
- EIN
- 35-6049687
Organization Overview
Indiana Interchurch Center Corporation is located in Indianapolis, IN. The organization was established in 1965. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Indiana Interchurch Center Corporation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana Interchurch Center Corporation 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 Interchurch Center Corporation generated $654.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $645.8k during the year ending 12/2023. While expenses have increased by 2.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING RENTAL OFFICE SPACE AND WORKSHOP OF ECUMENICAL FELLOWSHIP BY THOSE PROTESTANT AND ORTHODOX-CATHOLIC COMMUNIONS WHICH ARE COMMITTED TO ECUMENICAL FELLOWSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A COMMON OFFICE OF ECUMENICAL AND NONPROFIT ORGANIZATIONS. IT LEASES OFFICE SPACE TO APPROXIMATELY 26 NONPROFIT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kris Keys Non-Voting Executive Direc | OfficerTrustee | 30 | $59,541 |
Ward Logan Board Member | Trustee | 1 | $0 |
Carolyn Reed Board Member | Trustee | 1 | $0 |
Timothy Sullivan Board Member | Trustee | 1 | $0 |
Diane Thompson Board Member | Trustee | 1 | $0 |
Alan Thames President | OfficerTrustee | 1 | $0 |
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 | $640,971 |
| Investment income | $4,855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,023 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $654,849 |
| 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. | $59,541 |
| Compensation of current officers, directors, key employees. | $27,389 |
| Compensation to disqualified persons | $130,520 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $17,800 |
| Other employee benefits | $0 |
| Payroll taxes | $14,185 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,771 |
| Advertising and promotion | $3,419 |
| Office expenses | $3,571 |
| Information technology | $3,207 |
| Royalties | $0 |
| Occupancy | $112,382 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $28,554 |
| All other expenses | $0 |
| Total functional expenses | $645,778 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $352,738 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,400 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,097,964 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $413,965 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,873,067 |
| Accounts payable and accrued expenses | $13,142 |
| Grants payable | $0 |
| Deferred revenue | $11,500 |
| 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 | $676,247 |
| Total liabilities | $700,889 |
| Net assets without donor restrictions | $2,172,178 |
| 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 | $2,873,067 |