Civic Intelligence

Northwest Indiana Forum Inc

EIN 35-1467924 • 501(c)6 • Portage, IN

View Organization Page

Profile

The organization is a regional voice for the business community and a significant catalyst for initiatives that promote economic development and create and retain quality jobs.

6100 Southport RdPortage, IN 46368

www.nwiforum.org

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.47x

Higher debt load relative to assets than 83% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

76th percentile

0.41x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

26th percentile

-2.9%

Higher net margin than 26% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

91st percentile

33%

Faster asset growth than 91% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

50th percentile

6.6%

Faster revenue growth than 50% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$972,712

Down $464,013 (-32%) from 2023

Liabilities

Down

$457,412

Down $72,885 (-14%) from 2023

Net Assets

Down

$515,300

Down $391,128 (-43%) from 2023

Operations
Liabilities / Revenue76th percentileNet Margin26th percentile

Revenue

Down

$1,117,656

Down $260,238 (-19%) from 2023

Expenses

Up

$1,150,298

Up $275,016 (+31%) from 2023

Net Income

Down

-$32,642

Down $535,254 (-106%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

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

$1.5M$1.0M$500K$0-$500KAssets 2020: $269,873Liabilities 2020: $496,163Net Assets 2020: -$226,2902020Assets 2021: $147,032Liabilities 2021: $465,951Net Assets 2021: -$318,9192021Assets 2022: $552,579Liabilities 2022: $148,752Net Assets 2022: $403,8272022Assets 2023: $1,436,725Liabilities 2023: $530,297Net Assets 2023: $906,4282023Assets 2024: $972,712Liabilities 2024: $457,412Net Assets 2024: $515,3002024

Highlighted filing

2024

Assets$972,712
Liabilities$457,412
Net Assets$515,300
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2020: $521,415Expenses 2020: $534,259Net Income 2020: -$12,8442020Revenue 2021: $574,234Expenses 2021: $666,850Net Income 2021: -$92,6162021Revenue 2022: $983,450Expenses 2022: $680,387Net Income 2022: $303,0632022Revenue 2023: $1,377,894Expenses 2023: $875,282Net Income 2023: $502,6122023Revenue 2024: $1,117,656Expenses 2024: $1,150,298Net Income 2024: -$32,6422024

Highlighted filing

2024

Revenue$1,117,656
Expenses$1,150,298
Net Income-$32,642
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$972,712
Liabilities
$457,412
Net assets
$515,300
Revenue
$1,117,656
Expenses
$1,150,298
Net income
-$32,642
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.97$0.46$0.52$1.12$1.15$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.44$0.53$0.91$1.38$0.88$0.50
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.15$0.40$0.98$0.68$0.30
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.47$0.32$0.57$0.67$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.27$0.50$0.23$0.52$0.53$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$1,117,656
Mission and Program Overview

Mission

The northwest indiana forum is the regional voice for the business community and premiere source of a full package of services that promote economic development and retention of quality jobs. With more than 160 investor organizations, the forum's mission is to increase the broad-based wealth in northwest indiana through economic development.

To increase broad-based wealth in northwest indiana through economic development in harmony with the environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$437,424$329,811▼ $107,613
Savings and Temporary Cash Investments-$313,137-
Pledges and Grants Receivable$537,882$73,108▼ $464,774
Land, Buildings, and Equipment, Net$9,331$11,331▲ $2,000
Prepaid Expenses and Deferred Charges$7,741$1,994▼ $5,747
Total Assets$1,436,725$972,712▼ $464,013
Other Assets Total$444,347$243,331▼ $201,016
Liabilities
Other Liabilities$453,658$241,859▼ $211,799
Deferred Revenue$74,838$154,250▲ $79,412
Accounts Payable and Accrued Expenses$1,801$61,303▲ $59,502
Total Liabilities$530,297$457,412▼ $72,885
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$906,428$515,300▼ $391,128
Total Net Assets Fund Balance$906,428$515,300▼ $391,128
Total Liabilities and Net Assets / Fund Balance$1,436,725$972,712▼ $464,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,331$12,752$24,083
Other Assets Org$243,331--
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather EnnisPresident & CEOFT$175,000$54,851$229,851

Board Members and Trustees

NameTitle
Brian HittingerChair
Tony OssPast Chair
Helen PenningtonVice Chair
Alisha BerglundDirector
Anthony S KazakeviciusDirector
Chancellor Ken IawamaDirector
Clarence L HulseDirector
Dave BarehamDirector
Dean MazzoniDirector
Dewey PearmanDirector
Dr James LeonardDirector
Edwin BuswellDirector
Gilbert RynberkDirector
Glenn PetersonDirector
Greg GordonDirector
Jennifer BrooksDirector
Jill RitchieDirector
Jim JorgensenDirector
Joe CoarDirector
John FreyekDirector
Justin MountDirector
Lisa DaughtertyDirector
Lori TubbsDirector
Lorri FeldtDirector
Matt GowerDirector
Matt SalanovitzDirector
Matt VesselyDirector
Nathan OrigerDirector
Pete NovakDirector
Phil GreinerDirector
Phil TaillonDirector
Raenn TrakasDirector
Rex RichardsDirector
Rick CalinskiDirector
Sara DeyoungDirector
Sherri ZillerDirector
Tom DakichDirector
Ty WarnerDirector
William GustafsonDirector
William Hasse IiiDirector
Natalie SkaroDirector (term 2024)
Erica DombeySecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,078,089
Investment Income
$27,567
Other Revenue
$12,000
Change in Net Assets
$-32,642
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$727,823
Other Expenses$422,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$263,018$95,837-$358,855
Current Officers, Directors, Trustees, and Key Employees$166,749$63,102-$229,851
Occupancy$68,608$5,164-$73,772
Other Employee Benefits$46,038$21,117-$67,155
Fees for Services Other$39,342$2,961-$42,303
Payroll Taxes$30,552$11,561-$42,113
Fees for Services Accounting$30,177$2,273-$32,450
Advertising$29,285$2,204-$31,489
Pension Plan Contributions$21,654$8,195-$29,849
Other Expenses$14,067$1,059-$15,126
Office Expenses$13,065$983-$14,048
Conferences and Meetings$11,764$885-$12,649
All Other Expenses$8,852$666-$9,518
Travel$7,751$583-$8,334
Depreciation Depletion$6,510$490-$7,000
Information Technology$5,012$377-$5,389
Insurance$4,308$324-$4,632
Fees for Services Legal$3,872$291-$4,163
Total Functional Expenses$928,585$221,713$0$1,150,298
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$229,155
Finance Lease Liability$12,704
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“The organization bylaws mention that there are members in the organization.”

Form 990, Part VI, Section A, Line 7A

“The organization bylaws state: "the board of directors may also select one or more ex-officio members chosen from the public or quasi-public sector. Ex-officio members may attend board meetings in a non-voting capacity."”

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

“The 990 is presented to the audit committee for approval, after the form 990 is approved by the audit committee, every board of directors will get a copy of the tax returns before filing.”

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

“The organization gives a copy of conflict of interest policy to each board member. Each board member is required to report to the organization if there is any activity against the policy. Directors with conflicts of interest shall disclose said conflict, recuse themselves from discussions and not vote on the matter.”

Form 990, Part VI, Section B, Line 15

“The compensation of the president and top management official is determined by the board of directors. This policy has not changed since our last report.”

Form 990, Part VI, Section C, Line 19

“The organization makes available to the public its governing documents, conflict of interest policy, financial statements, and form 990 upon request.”

Filing and Contact Details

Filer

Filer Name
Northwest Indiana Forum Inc
EIN
35-1467924
Phone
2197636303
Address
6100 SOUTHPORT RD, PORTAGE, IN 46368

Signing Officer

Name
Heather Ennis
Title
President
Phone
2197636303
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Ennis
Formed
1979
Legal Domicile
In
Voting Board Members
42
Independent Board Members
42
Employees
13
Volunteers
42

Preparer

Firm
Cliftonlarsonallen Llp
Address
833 W LINCOLN HWY SUITE 210W, SCHERERVILLE, IN 46375
Preparer
Monica Johnson
Phone
2198647300
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2

“The organization has formed an audit committee which is responsible for the oversight of the audit and selection of an independent accountant. This process has not changed from previous years.”

Financial Statement Notes

PART X, LINE 2:

“The organiztion evaluates its exposure for uncertain tax positions on an annual basis. As of december 31, 2024, there were no liabilities for uncertain tax positions.”

Raw XML AppendixShowing 400 of 732 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/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (TERM 2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
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/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt39DIRECTOR

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