Civic Intelligence

Indiana Hardwood Lumbermen'S Association

EIN 23-7236098 • 501(c)6 • Fishers, IN

Profile

To promote the education, management and utilization of timber resources throughout indiana.

12574 Promise Creek Lane Suite 100Fishers, IN 46038

www.ihla.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.23x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

0.59x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Net Margin

26th percentile

-2.5%

Higher net margin than 26% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

30th percentile

$0

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2025

Asset Growth

75th percentile

15%

Faster asset growth than 75% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

29th percentile

-1.4%

Faster revenue growth than 29% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$2,061,209

Up $270,512 (+15%) from 2024

Liabilities

Up

$472,466

Up $217,795 (+86%) from 2024

Net Assets

Up

$1,588,743

Up $52,717 (+3.4%) from 2024

Operations
Liabilities / Revenue86th percentileNet Margin26th percentile

Revenue

Down

$800,072

Down $11,671 (-1.4%) from 2024

Expenses

Up

$820,196

Up $38,834 (+5.0%) from 2024

Net Income

Down

-$20,124

Down $50,505 (-166%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $743,598Liabilities 2010: $190,502Net Assets 2010: $553,0962010Assets 2011: $749,648Liabilities 2011: $188,694Net Assets 2011: $560,9542011Assets 2012: $742,687Liabilities 2012: $148,402Net Assets 2012: $594,2852012Assets 2013: $848,667Liabilities 2013: $198,515Net Assets 2013: $650,1522013Assets 2014: $879,772Liabilities 2014: $184,099Net Assets 2014: $695,6732014Assets 2015: $1,054,917Liabilities 2015: $270,670Net Assets 2015: $784,2472015Assets 2016: $1,202,185Liabilities 2016: $278,928Net Assets 2016: $923,2572016Assets 2017: $1,368,620Liabilities 2017: $282,922Net Assets 2017: $1,085,6982017Assets 2018: $1,402,138Liabilities 2018: $277,380Net Assets 2018: $1,124,7582018Assets 2019: $1,572,621Liabilities 2019: $294,121Net Assets 2019: $1,278,5002019Assets 2020: $1,545,194Liabilities 2020: $178,944Net Assets 2020: $1,366,2502020Assets 2021: $1,685,997Liabilities 2021: $272,973Net Assets 2021: $1,413,0242021Assets 2022: $1,813,249Liabilities 2022: $411,746Net Assets 2022: $1,401,5032022Assets 2023: $1,790,987Liabilities 2023: $337,192Net Assets 2023: $1,453,7952023Assets 2024: $1,790,697Liabilities 2024: $254,671Net Assets 2024: $1,536,0262024Assets 2025: $2,061,209Liabilities 2025: $472,466Net Assets 2025: $1,588,7432025

Highlighted filing

2025

Assets$2,061,209
Liabilities$472,466
Net Assets$1,588,743
Open 2025 Filing

Operations Trend

Revenue Growth29th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $419,2652010Expenses 2011: $459,1412011Expenses 2012: $514,1252012Revenue 2013: $566,782Expenses 2013: $527,672Net Income 2013: $39,1102013Revenue 2014: $651,195Expenses 2014: $620,005Net Income 2014: $31,1902014Revenue 2015: $749,092Expenses 2015: $645,928Net Income 2015: $103,1642015Revenue 2016: $805,820Expenses 2016: $674,566Net Income 2016: $131,2542016Revenue 2017: $809,994Expenses 2017: $670,157Net Income 2017: $139,8372017Revenue 2018: $748,541Expenses 2018: $648,604Net Income 2018: $99,9372018Revenue 2019: $792,582Expenses 2019: $720,220Net Income 2019: $72,3622019Revenue 2020: $707,708Expenses 2020: $684,343Net Income 2020: $23,3652020Revenue 2021: $681,353Expenses 2021: $701,800Net Income 2021: -$20,4472021Revenue 2022: $889,871Expenses 2022: $778,191Net Income 2022: $111,6802022Revenue 2023: $783,462Expenses 2023: $801,744Net Income 2023: -$18,2822023Revenue 2024: $811,743Expenses 2024: $781,362Net Income 2024: $30,3812024Revenue 2025: $800,072Expenses 2025: $820,196Net Income 2025: -$20,1242025

Highlighted filing

2025

Revenue$800,072
Expenses$820,196
Net Income-$20,124
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,061,209
Liabilities
$472,466
Net assets
$1,588,743
Revenue
$800,072
Expenses
$820,196
Net income
-$20,124
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.06$0.47$1.59$0.80$0.82$0.02
2024Detailed filing. Detailed filing data is available for this year.$1.79$0.25$1.54$0.81$0.78$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.79$0.34$1.45$0.78$0.80$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.81$0.41$1.40$0.89$0.78$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.27$1.41$0.68$0.70$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.55$0.18$1.37$0.71$0.68$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.57$0.29$1.28$0.79$0.72$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.40$0.28$1.12$0.75$0.65$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.37$0.28$1.09$0.81$0.67$0.14
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.28$0.92$0.81$0.67$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.05$0.27$0.78$0.75$0.65$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.88$0.18$0.70$0.65$0.62$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.85$0.20$0.65$0.57$0.53$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.15$0.59$0.51
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.19$0.56$0.46
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.19$0.55$0.42
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2025 to Dec 31, 2025
Signed
Feb 17, 2026
Return Version
2025v4.0
Gross Receipts
$826,365
Mission and Program Overview

Mission

To promote the education, management and utilization of timber resources throughout indiana.

To promote the education, management, and utilization of timber resources throughout indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$828,324$1,002,227▲ $173,903
Investments Other Securities$674,883$806,463▲ $131,580
Land, Buildings, and Equipment, Net$283,142$236,607▼ $46,535
Accounts Receivable-$9,662-
Prepaid Expenses and Deferred Charges$4,348$6,250▲ $1,902
Total Assets$1,790,697$2,061,209▲ $270,512
Liabilities
Other Liabilities$254,671$472,466▲ $217,795
Total Liabilities$254,671$472,466▲ $217,795
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,480,159$1,532,931▲ $52,772
Net Assets With Donor Restrictions$55,867$55,812▼ $55
Total Net Assets Fund Balance$1,536,026$1,588,743▲ $52,717
Total Liabilities and Net Assets / Fund Balance$1,790,697$2,061,209▲ $270,512

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$215,782$63,333$279,115
Other Land Buildings$20,825$224,012$244,837
Equipment$0$6,627$6,627
Other Securities$806,463--
Compensation and Service Providers
Top Officer Pay30th percentile

Board Members and Trustees

NameTitle
Kevin MershimerFinancial Chairman
Felicia SeilerImmediate Past President
Jay EnglePast President Rep
Perry SeitzingerPresident
Tyler EvansPresident
Chris Herrell1st Vice President
Brian Gibson2nd Vice President
Brad SchroederDirector
Brent HollDirector
Chris GonsoDirector
Colin CampbellDirector
Dave BramlageDirector
Dave MesserDirector
Gabe SchwartzentruberDirector
Gordon MillerDirector
John BrownDirector
Jon CoxDirector
Katrina KelsheimerDirector
Mark WilliamsonDirector
Melvin FreyDirector
Mick SweeneyDirector
Mike SeidlDirector
Peter MccartyDirector
Ryan MulliganDirector
Sam SmithDirector
Sarah ColeDirector
Sean ThomasDirector
Tom DerlethDirector
Trevor VaughanDirector
Wesley RobinsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$200,730
Program Service Revenue
$477,106
Investment Income
$89,748
Other Revenue
$32,488
All Other Contributions
$5,732
Change in Net Assets
$-20,124
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$493,774
Salaries, Compensation, and Employee Benefits$325,222
Grants and Similar Amounts Paid$1,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$269,428
Conferences and Meetings---$189,139
All Other Expenses---$58,084
Depreciation Depletion---$46,535
Other Expenses---$29,759
Other Employee Benefits---$27,504
Fees for Services Accounting---$21,237
Payroll Taxes---$20,715
Office Expenses---$15,833
Travel---$13,968
Insurance---$9,898
Pension Plan Contributions---$7,575
Grants to Domestic Orgs---$1,200
Total Functional Expenses$0$0$0$820,196
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$32,472
Fundraising Direct Expenses$23,521
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$14,244$14,244$9,015$5,229
Fun Shoot$12,030$12,030$8,687$3,343
Total Events$32,472$32,472$23,521$8,951
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$1,714
Total Nondeductible Lobbying and Political Cost$1,714
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$468,569
Credit Card Liability$3,897
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The executive committee and finance chairman review the form 990 prior to filing.”

Form 990, Part VI, Section B, Line 12C

“The organization discusses potential conflicts at its regular board and committee meetings.”

Form 990, Part VI, Section C, Line 19

“The form 990 and 990-t are on file at the company offices for any members or interested parties that request to review it.”

Filing and Contact Details

Filer

Filer Name
INDIANA HARDWOOD LUMBERMEN'S ASSOCIATION
EIN
23-7236098
Phone
3172880008
Address
12574 PROMISE CREEK LANE SUITE 100, FISHERS, IN 46038

Signing Officer

Name
Ray Moistner
Title
Executive Director
Phone
3172880008
Signed
2026-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ray Moistner
Formed
1984
Legal Domicile
In
Voting Board Members
30
Independent Board Members
30
Employees
1
Volunteers
10

Preparer

Firm
AGRESTA STORMS & O'LEARY PC
Address
5140 COMMERCE CIRCLE, INDIANAPOLIS, IN 46237
Preparer
Brad M Feldman CPA
Phone
3177809850
Raw XML AppendixShowing 400 of 547 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm24RYAN MULLIGAN
IRS990/Form990PartVIISectionAGrp/PersonNm25TREVOR VAUGHAN
IRS990/Form990PartVIISectionAGrp/PersonNm26SEAN THOMAS
IRS990/Form990PartVIISectionAGrp/PersonNm27BRAD SCHROEDER
IRS990/Form990PartVIISectionAGrp/PersonNm28CHRIS GONSO
IRS990/Form990PartVIISectionAGrp/PersonNm29BRIAN GIBSON
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT REP
IRS990/Form990PartVIISectionAGrp/TitleTxt1FINANCIAL CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt101ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13IMMEDIATE PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt292ND VICE PRESIDENT
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