Civic Intelligence

Indiana Commerce Executives

EIN 35-1021772 • 501(c)6 • Hanover, IN

Profile

To provide local chambers of commerce in indiana information, educational programming, and opportunities for networking.

PO Box 377Hanover, IN 47243
Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

36th percentile

-6.5%

Higher net margin than 36% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

66th percentile

7.0%

Faster asset growth than 66% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

56th percentile

4.1%

Faster revenue growth than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$248,712

Up $2,611 (+1.1%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$248,712

Up $2,611 (+1.1%) from 2024

Operations
Liabilities / Revenue50th percentileNet Margin36th percentile

Revenue

Down

$84,155

Down $5,767 (-6.4%) from 2024

Expenses

Up

$89,588

Up $17,889 (+25%) from 2024

Net Income

Down

-$5,433

Down $23,656 (-130%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth66th percentile

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

$300K$200K$100K$0Assets 2011: $76,580Liabilities 2011: $0Net Assets 2011: $76,5802011Assets 2012: $80,078Liabilities 2012: $0Net Assets 2012: $80,0782012Assets 2013: $89,083Liabilities 2013: $3,000Net Assets 2013: $86,0832013Assets 2014: $104,088Liabilities 2014: $0Net Assets 2014: $104,0882014Assets 2015: $113,811Liabilities 2015: $1,761Net Assets 2015: $112,0502015Assets 2016: $126,594Liabilities 2016: $0Net Assets 2016: $126,5942016Assets 2017: $134,228Liabilities 2017: $0Net Assets 2017: $134,2282017Assets 2018: $144,697Liabilities 2018: $0Net Assets 2018: $144,6972018Assets 2019: $161,225Liabilities 2019: $0Net Assets 2019: $161,2252019Assets 2020: $166,775Liabilities 2020: $0Net Assets 2020: $166,7752020Assets 2021: $196,956Liabilities 2021: $0Net Assets 2021: $196,9562021Assets 2022: $190,349Liabilities 2022: $0Net Assets 2022: $190,3492022Assets 2023: $217,057Liabilities 2023: $0Net Assets 2023: $217,0572023Assets 2024: $246,101Liabilities 2024: $0Net Assets 2024: $246,1012024Assets 2025: $248,712Liabilities 2025: $0Net Assets 2025: $248,7122025

Highlighted filing

2025

Assets$248,712
Liabilities$0
Net Assets$248,712
Open 2025 Filing

Operations Trend

Revenue Growth56th percentile

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

$150K$100K$50K$0-$50KExpenses 2011: $49,2812011Expenses 2012: $52,4652012Expenses 2013: $66,6262013Revenue 2014: $72,692Expenses 2014: $54,687Net Income 2014: $18,0052014Revenue 2015: $65,965Expenses 2015: $58,003Net Income 2015: $7,9622015Revenue 2016: $132,598Expenses 2016: $118,054Net Income 2016: $14,5442016Revenue 2017: $65,642Expenses 2017: $58,008Net Income 2017: $7,6342017Revenue 2018: $68,026Expenses 2018: $57,557Net Income 2018: $10,4692018Revenue 2019: $74,317Expenses 2019: $59,439Net Income 2019: $14,8782019Revenue 2020: $62,303Expenses 2020: $56,871Net Income 2020: $5,4322020Revenue 2021: $77,844Expenses 2021: $67,288Net Income 2021: $10,5562021Revenue 2022: $89,139Expenses 2022: $67,885Net Income 2022: $21,2542022Revenue 2023: $77,650Expenses 2023: $62,761Net Income 2023: $14,8892023Revenue 2024: $89,922Expenses 2024: $71,699Net Income 2024: $18,2232024Revenue 2025: $84,155Expenses 2025: $89,588Net Income 2025: -$5,4332025

Highlighted filing

2025

Revenue$84,155
Expenses$89,588
Net Income-$5,433
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$248,712
Liabilities
$0
Net assets
$248,712
Revenue
$84,155
Expenses
$89,588
Net income
-$5,433
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.84$0.90$0.05
2024Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$0.90$0.72$0.18
2023Detailed filing. Detailed filing data is available for this year.$2.17$0.00$2.17$0.78$0.63$0.15
2022Detailed filing. Detailed filing data is available for this year.$1.90$0.00$1.90$0.89$0.68$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.97$0.78$0.67$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.62$0.57$0.05
2019Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.74$0.59$0.15
2018Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$0.68$0.58$0.10
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$0.66$0.58$0.08
2016Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$1.33$1.18$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.14$0.02$1.12$0.66$0.58$0.08
2014Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$0.73$0.55$0.18
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.03$0.86$0.67
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$0.52
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 17, 2025
Return Version
2024v5.0
Gross Receipts
$84,155
Mission and Program Overview

Mission

To provide local chambers of commerce in indiana information, educational programming, and opportunities for networking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$246,101$248,712▲ $2,611
Investments in Publicly Traded Securities$141,918$155,652▲ $13,734
Cash and Non-Interest-Bearing Accounts$103,988$88,476▼ $15,512
Total Assets$246,101$248,712▲ $2,611
Other Assets Total$195$4,584▲ $4,389
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$246,101$248,712▲ $2,611
Total Liabilities and Net Assets / Fund Balance$246,101$248,712▲ $2,611
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Shelli WilliamsPresidentPT$55,008$55,008

Board Members and Trustees

NameTitle
Rob ParkerChairman
Kristin CraigPast Chair
Jamie NealVice Chair C
Melissa VanceVice Chair F
Melissa TuckerVice Chair M
Nick KiefferVice Chair P
Deann PatenaBoard Member
Justin GroenertChief Strate
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$73,667
Investment Income
$7,383
Other Revenue
$3,105
Change in Net Assets
$-5,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$89,588
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$26,489--$26,489
Advertising$2,036--$2,036
Insurance$1,727--$1,727
Other Expenses$734--$734
Fees for Services Accounting$640--$640
All Other Expenses$635--$635
Total Functional Expenses$89,588$0$0$89,588
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Indiana Commerce Executives
EIN
35-1021772
Phone
8128713000
Address
PO BOX 377, HANOVER, IN 47243
Doing Business As
Indiana Commerce Executives Associa

Signing Officer

Name
Shelli Williams
Title
President
Phone
8128713000
Signed
2025-12-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shelli Williams
Formed
1929
Legal Domicile
In
Voting Board Members
11
Independent Board Members
0
Employees
0

Preparer

Firm
Mckay Accounting Service LLC
Address
412 E MAIN ST, MADISON, IN 47250-3539
Preparer
Melinda S Cloud-thevenow
Phone
8122654623
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Provided professional development services for local chambers of commerce in indiana. Offered two statewide conferences. Hosted an academy course targeting those new to the chamber profession. Hosted a one day building membership workshop to assist local chambers with membership growth and retention. Offered professional development scholarships to members.”

Raw XML Appendix322 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/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROVIDED PROFESSIONAL DEVELOPMENT SERVICES FOR LOCAL CHAMBERS OF COMMERCE IN INDIANA. OFFERED TWO STATEWIDE CONFERENCES. HOSTED AN ACADEMY COURSE TARGETING THOSE NEW TO THE CHAMBER PROFESSION. HOSTED A ONE DAY BUILDING MEMBERSHIP WORKSHOP TO ASSIST LOCAL CHAMBERS WITH MEMBERSHIP GROWTH AND RETENTION. OFFERED PROFESSIONAL DEVELOPMENT SCHOLARSHIPS TO MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0246101
IRS990/TotalAssetsEOYAmt0248712
IRS990/TotalAssetsGrp/BOYAmt0246101
IRS990/TotalAssetsGrp/EOYAmt0248712
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt089588
IRS990/TotalFunctionalExpensesGrp/TotalAmt089588
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0246101
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0248712
IRS990/TotalOtherProgSrvcExpenseAmt02036
IRS990/TotalProgramServiceExpensesAmt089588
IRS990/TotalProgramServiceRevenueAmt073667
IRS990/TotalReportableCompFromOrgAmt055008
IRS990/TotalRevenueGrp/ExclusionAmt07261
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt076894
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt084155
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0246101
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0248712
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0P O BOX 377
IRS990/USAddress/CityNm0HANOVER
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd047243
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHELLI WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08128713000
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDIANA COMMERCE EXECUTIVES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
ReturnHeader/Filer/BusinessNameControlTxt0INDI
ReturnHeader/Filer/EIN0351021772
ReturnHeader/Filer/PhoneNum08128713000
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 377
ReturnHeader/Filer/USAddress/CityNm0HANOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd047243
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0901509288
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MCKAY ACCOUNTING SERVICE LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0412 E MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MADISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0472503539
ReturnHeader/PreparerPersonGrp/PhoneNum08122654623
ReturnHeader/PreparerPersonGrp/PreparationDt02025-12-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MELINDA S CLOUD-THEVENOW
ReturnHeader/ReturnTs02026-01-16T13:40:47-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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