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Nonprofiteer
← EMPLOYERS FORUM OF INDIANA INC

Form 990 for tax year 2023

Filed by EMPLOYERS FORUM OF INDIANA INC.

Totals

Total revenue
$1,214,861
Total expenses
$921,258
Contributions and grants received
$1,193,356
Grants paid
$0
Program service revenue
$0
Investment income
$21,505
Other revenue
$0
Total assets, end of year
$1,503,317
Total liabilities, end of year
$21,616
Net assets or fund balances, end of year
$1,481,701
Program services expenses (Part IX)
$726,403
Management and general expenses
$194,855
Fundraising expenses
$0
Program service expenses (Part III)
$726,403

Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $301,345

  • 1f · All other contributions, gifts and grants

    $892,011

  • 3 · Investment income

    total $21,505 · related or exempt $21,505

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $282,500 · program services $166,500 · management and general $116,000

  • 7 · Other salaries and wages

    total $62,456 · program services $62,456

  • 9 · Other employee benefits

    total $2,500 · management and general $2,500

  • 10 · Payroll taxes

    total $4,778 · program services $4,778

  • 11b · Fees: legal

    total $28,527 · management and general $28,527

  • 11c · Fees: accounting

    total $7,995 · management and general $7,995

  • 11d · Fees: lobbying

    total $36,215 · program services $36,215

  • 11g · Fees: other

    total $282,394 · program services $282,394

  • 12 · Advertising and promotion

    total $81,621 · program services $62,239 · management and general $19,382

  • 17 · Travel

    total $6,937 · program services $4,180 · management and general $2,757

  • 19 · Conferences, conventions and meetings

    total $28,619 · program services $28,619

  • 23 · Insurance

    total $4,561 · management and general $4,561

  • 24a · Other expenses: OUTSIDE CONTRACT SERVICES

    total $73,062 · program services $73,062

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $6,683 · management and general $6,683

  • 24c · Other expenses: MEALS & ENTERTAINMENT

    total $5,947 · program services $5,947

  • 24d · Other expenses: COMPUTER & INTERNET

    total $1,852 · management and general $1,852

  • 24e · All other expenses

    total $4,611 · program services $13 · management and general $4,598

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,190,436 · end of year $1,503,317

  • 10a · Land, buildings and equipment: cost or other basis

    $3,522

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,522

  • 25 · Other liabilities

    beginning of year $2,338 · end of year $21,616

  • 27 · Net assets without donor restrictions

    beginning of year $672,615 · end of year $1,162,461

  • 28 · Net assets with donor restrictions

    beginning of year $515,483 · end of year $319,240

Mission and programs · 2023

Mission

TO IMPROVE THE VALUE RECEIVED BY EMPLOYERS AND PATIENTS FOR THEIR HEALTH CARE EXPENDITURES. VALUE CONSIDERATIONS INCLUDES PRICE, QUALITY, EMPLOYEE SATISFACTION AND UTILIZATION.

  • IN 2023, THE EMPLOYERS FORUM OF INDIANA (EFI) HOSTED 5 ALL-STAKEHOLDER MEETINGS DISCUSSING VARIOUS HEALTH CARE TOPICS AND ISSUES. ALL-STAKEHOLDER MEETING MATERIALS ARE FREELY AND PUBLICLY AVAILABLE ON THE EFI WEBSITE. EFI ALSO HOSTED 4 EMPLOYER-ONLY MEETINGS TO DISCUSS TOP OF MIND HEALTHCARE RELATED ISSUES FOR INDIANA EMPLOYERS. MEMBERSHIP DECREASED FROM 78 TO 76 DURING 2023.

    Expenses $726,403

As filed on the 2023 return.

Listed in Part VII

  • GLORIA SACHDEV

    PRESIDENT

    Total calculated
    $277,500
    From this org
    $255,000
    From related orgs
    $0
    Other
    $22,500
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $225,000
    Bonus
    $30,000
    Other
    not reported
    Deferred
    $22,500
    Nontaxable benefits
    not reported
    Filer's total
    $277,500

  • DAVID KELLEHER

    BOARD MEMBER

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • CHRISTAN ROYER

    BOARD MEMBER

    Total calculated
    $2,500
    From this org
    $2,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
30 July 2024
IRS schema version
2023v5.0
Source object
202432219349300608

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