Independent Colleges Of Indiana Inc

Indianapolis, IN
Tax-exempt since March 1975
EIN: 31-0901001

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Professional Societies, Associations (NTEE)

Donations to this organization are tax deductible.

Revenue

$25.8M (2023)

Expenses

$23.7M (2023)

Total Assets

$93M (2023)

Total Liabilities

$707k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$25,838,068

Expenses

$23,689,741

Net Income

$2,148,327

Net Assets

$92,333,495

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,943,538	92.7%
Program Services	$252,618	1.0%
Investment Income	$1,642,229	6.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$317
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$678,660	2.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$981,956	4.1%

Assets/Debt
Total Assets	$93,040,434
Total Liabilities	$706,939
Net Assets	$92,333,495

Compensation

Key Employees and Officers	Compensation	Related	Other
Ms Laura Bridges (Vp And Chief Operating Officer)	$153,879	$0	$30,347
Dr Jodie Ferise (Vice President And Gen Counsel)	$151,495	$0	$39,327
Dr David Wantz (President/Secretary)	$137,331	$0	$28,955
Rev John I Jenkins Csc (Director)	$0	$1,487,080	$120,241
Dr Earl D Brooks Ii (Director)	$0	$893,722	$70,067
Mr James Danko (Director)	$0	$791,993	$59,430
Mr Robert A Coons (Director)	$0	$621,005	$92,767
Mr Daniel J Elsener (Director)	$0	$573,384	$131,862
Dr Lori White (Director)	$0	$540,714	$148,724
Dr Karl W Einolf (Director)	$0	$512,936	$137,069
Dr Christopher Pietruszkiewicz (Chair)	$0	$472,370	$162,272
Dr D Michael Lindsay (Director)	$0	$525,221	$73,272
Dr Scott Feller (Director)	$0	$515,695	$44,778
Mr Jose D Padilla (Director)	$0	$465,341	$65,388
Dr Sheila Conboy (Director)	$0	$407,252	$53,958
Dr David Mcfadden (Director)	$0	$343,366	$86,074
Mr Kerry N Prather (Director)	$0	$355,836	$57,413
Dr Lake Lambert (Director)	$0	$303,721	$40,272
Dr Robert L Manuel (Director)	$0	$285,589	$36,248
Dr Anne Houtman (Vice Chair)	$0	$271,249	$46,873
Dr Sherilyn Emberton (Director)	$0	$233,236	$81,051
Rev Dr Eric Albert Zimmer (Director)	$0	$296,271	$15,717
Dr Dottie King (Director)	$0	$270,470	$23,510
Dr Rebecca Stoltzfus (Director)	$0	$241,562	$29,178
Dr Ron D Dempsey (Director)	$0	$238,899	$26,000
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990

Filed on May 15, 2024

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Fiscal Year Ending June
2022

Revenue

$22,138,520

Expenses

$22,290,095

Net Income

-$151,575

Net Assets

$90,438,635

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$21,106,845	95.3%
Program Services	$136,698	0.6%
Investment Income	$813,519	3.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$81,458	0.4%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$616,024	2.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$696,005	3.1%

Assets/Debt
Total Assets	$91,171,823
Total Liabilities	$733,188
Net Assets	$90,438,635

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Wantz (President/Secretary)	$243,399	$0	$41,522
Dr Jodie Ferise (Vice President And Gen Counsel)	$150,921	$0	$31,282
Ms Laura Bridges (Vp And Chief Operating Officer)	$119,397	$0	$29,503
Rev John I Jenkins Csc (Director)	$0	$1,241,437	$124,176
Dr Earl D Brooks Ii (Director)	$0	$866,434	$70,155
Mr James M Danko (Director)	$0	$847,222	$56,934
Mr Daniel J Elsener (Director)	$0	$628,496	$158,859
Mr Robert A Coons (Director)	$0	$629,399	$57,280
Dr Karl W Einolf (Director)	$0	$506,038	$132,754
Dr Christopher Pietruszkiewicz (Director)	$0	$468,418	$130,347
Dr Lori S White (Director)	$0	$509,144	$63,959
Mr Jose D Padilla (Director)	$0	$525,434	$25,666
Dr Robert L Manuel (Director)	$0	$530,540	$18,483
Dr Scott Feller (Director)	$0	$494,820	$43,226
Dr Mark A Heckler (Director)	$0	$518,151	$10,475
Dr Sheila Conboy (Director)	$0	$425,394	$37,558
Dr David Mcfadden (Chair)	$0	$329,201	$79,722
Dr Sherilyn Emberton (Director)	$0	$313,098	$85,952
Mr Kerry N Prather (Director)	$0	$324,947	$53,485
Dr David Wright (Director)	$0	$265,117	$94,017
Dr Lake Lambert (Vice Chair)	$0	$298,980	$47,647
Dr Anne Houtman (Director)	$0	$283,124	$49,126
Rev Dr Eric Albert Zimmer (Director)	$0	$281,951	$37,814
Dr Bill Katip (Director)	$0	$268,259	$26,542
Dr Dottie King (Director)	$0	$252,334	$21,289
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990

Filed on May 15, 2023

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Fiscal Year Ending June
2021

Revenue

$20,196,793

Expenses

$21,571,964

Net Income

-$1,375,171

Net Assets

$93,151,616

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$19,069,139	94.4%
Program Services	$103,544	0.5%
Investment Income	$976,516	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$47,594	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$359,435	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$913,808	4.2%

Assets/Debt
Total Assets	$93,815,740
Total Liabilities	$664,124
Net Assets	$93,151,616

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Wantz (President/Secretary)	$246,848	$0	$45,666
Dr Jodie Ferise (Vice President & Gen Counsel)	$150,000	$0	$9,232
Ms Laura Bridges (Vp & Chief Operating Officer)	$112,587	$0	$24,916
Rev John I Jenkins Csc (Director)	$0	$1,164,429	$77,019
Mr Daniel J Elsener (Director)	$0	$841,464	$135,428
Dr Earl D Brooks Ii (Director)	$0	$795,012	$70,436
Mr James M Danko (Director)	$0	$679,899	$56,839
Mr Robert A Coons (Director)	$0	$623,032	$60,157
Dr Karl W Einolf (Director)	$0	$549,144	$111,728
Dr Mark A Heckler (Director)	$0	$531,895	$45,049
Dr Robert L Manuel (Director)	$0	$499,443	$18,328
Dr David Wright (Director)	$0	$413,077	$92,817
Dr Christopher Pietruszkiewicz (Director)	$0	$361,177	$130,698
Dr Anne Houtman (Director)	$0	$311,849	$107,533
Dr David Mcfadden (Director)	$0	$293,282	$76,798
Dr Scott Feller (Director)	$0	$316,647	$42,871
Dr Lori S White (Director)	$0	$303,725	$40,296
Dr Sheila Conboy (Director)	$0	$294,616	$35,816
Mr Kerry N Prather (Director)	$0	$261,227	$65,264
Dr Sherilyn Emberton (Director)	$0	$232,098	$81,524
Dr Paige Cunningham (Director)	$0	$227,061	$49,316
Dr Lake Lambert (Vice Chair)	$0	$229,917	$38,929
Dr Rebecca Stoltzfus (Director)	$0	$221,071	$43,830
Dr Gregg Chenoweth (Director)	$0	$198,217	$56,668
Dr Dottie King (Chair)	$0	$229,541	$18,908
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990

Filed on May 16, 2022

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Fiscal Year Ending June
2020

Revenue

$24,521,798

Expenses

$21,867,906

Net Income

$2,653,892

Net Assets

$94,780,412

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$22,961,998	93.6%
Program Services	$214,611	0.9%
Investment Income	$1,260,727	5.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$84,462	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$484,148	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$844,740	3.9%

Assets/Debt
Total Assets	$95,402,420
Total Liabilities	$622,008
Net Assets	$94,780,412

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David Wantz (President/Secretary)	$235,770	$0	$45,113
Ms Mary Ellen Hamer (Vice Pres. (Departed 12/31/19))	$142,733	$0	$27,114
Ms Laura Bridges (Vp Strategic Collaborations)	$105,645	$0	$23,809
Dr Earl D Brooks Ii (Director)	$0	$1,684,269	$169,437
Rev John I Jenkins Csc (Director)	$0	$1,135,715	$75,973
Daniel Elsener (Director)	$0	$914,176	$132,006
Mr James M Danko (Director)	$0	$854,498	$55,484
Mr Robert A Coons (Director)	$0	$579,184	$93,339
Dr D Mark Mccoy (Director (Departed 06/30/20))	$0	$487,704	$135,048
Dr Mark A Heckler (Director)	$0	$430,315	$182,558
Dr Robert L Manuel (Director)	$0	$553,303	$19,415
Dr Karl W Einolf (Director)	$0	$449,797	$70,010
Dr Gregory Hess (Director (Departed 06/30/20))	$0	$489,876	$19,000
Dr Chris Pietruszkiewicz (Director)	$0	$353,759	$154,814
Dr Thomas Minar (Director (Departed 01/13/20))	$0	$347,826	$61,973
Dr Lowell Haines (Director (Departed 12/31/19))	$0	$305,598	$70,863
Dr Dave Mcfadden (Director)	$0	$283,224	$81,202
Dr Lake Lambert (Vice Chair)	$0	$317,165	$45,670
Dr David Wright (Director)	$0	$250,084	$91,127
Dr Ray G Barber (Director (Departed 12/31/19))	$0	$255,255	$66,500
Dr Nancy Nekvasil (Director (Departed 06/30/20))	$0	$287,923	$33,093
Dr Sherilyn Emberton (Director)	$0	$227,321	$73,162
Dr Gregg Chenoweth (Director)	$0	$196,550	$74,181
Dr William Katip (Director)	$0	$238,215	$22,906
Dr Amy Mccormack (Treasurer)	$0	$238,594	$13,920
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990

Filed on May 17, 2021

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Fiscal Year Ending June
2019

Revenue

$20,955,696

Expenses

$21,192,917

Net Income

-$237,221

Net Assets

$91,713,836

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$19,358,144	92.4%
Program Services	$233,938	1.1%
Investment Income	$1,425,557	6.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$61,943
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$447,529	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$481,036	2.3%

Assets/Debt
Total Assets	$92,176,840
Total Liabilities	$463,004
Net Assets	$91,713,836

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr David W Wantz (President/Secretary)	$205,270	$0	$43,933
Ms Mary Ellen Hamer (Vice President)	$138,283	$0	$31,372
Ms Laura Bridges (Vp Strategic Collaborations)	$103,976	$0	$13,576
Dr Michele Dvorak Phjc (Director)	$0	$95,000	$0
Mr John Pistole (Director)	$0	$204,782	$33,060
Dr Gregg Chenoweth (Director)	$0	$220,000	$18,000
Mr James M Danko (Director)	$0	$616,687	$54,649
Dr Amy Mccormack (Treasurer)	$0	$239,555	$13,920
Dr D Mark Mccoy (Director)	$0	$348,901	$168,165
Mr Alan C Price (Director (Departed July 2018))	$0	$409,498	$38,397
Dr Thomas Minar (Director)	$0	$369,450	$59,959
Dr Rebecca Stoltzfus (Director)	$0	$219,547	$5,039
Dr Bill Katip (Director)	$0	$244,284	$22,900
Dr Lake Lambert (Vice Chair)	$0	$315,443	$44,556
Fr David Tyson Csc (Director)	$0	$0	$6,982
Dr Sherilyn Emberton (Director)	$0	$272,271	$146,957
Dr Karl W Einolf (Director)	$0	$417,775	$59,892
Dr David Wright (Director)	$0	$245,870	$89,087
Dr Dave Mcfadden (Director)	$0	$311,045	$77,840
Dr Daniel Elsener (Director)	$0	$899,504	$116,875
Dr Eugene White (Director)	$0	$126,000	$12,000
Dr Ray G Barber (Director)	$0	$220,047	$52,432
Dr James Conwell (Director (Departed Nov 2018))	$0	$569,670	$90,083
Mr Robert A Coons (Director (Started Nov 2018))	$0	$364,748	$76,102
Dr Dottie King (Chair)	$0	$215,908	$17,775
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990

Filed on July 8, 2020

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Fiscal Year Ending June
2018

Revenue

$25,047,401

Expenses

$19,508,564

Net Income

$5,538,837

Net Assets

$91,344,311

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,849,447	95.2%
Program Services	$255,192	1.0%
Investment Income	$680,078	2.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$262,684	1.0%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$483,191	2.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$479,230	2.5%

Assets/Debt
Total Assets	$91,711,386
Total Liabilities	$367,075
Net Assets	$91,344,311

Compensation

Key Employees and Officers	Compensation	Related	Other
Mary Ellen Hamer (Vice President)	$125,231	$0	$23,669
Dr David W Wantz (President)	$120,505	$0	$22,848
Dr Richard Ludwick (President (Departed July 2017))	$100,858	$0	$5,018
Laura Bridges (Dir. Strategic Collaborations)	$91,320	$0	$12,219
Alan C Price (Director)	$0	$215,035	$31,673
Dr Lake Lambert (Treasurer)	$0	$305,260	$39,559
Dr Rebecca Stoltzfus (Director)	$0	$320,767	$0
Dr Bill Katip (Past Chair)	$0	$242,416	$45,550
Dr Thomas Minar (Director)	$0	$369,450	$59,924
Fr David Tyson Csc (Director)	$0	$0	$3,141
Dr Sherilyn Emberton (Director)	$0	$192,702	$71,144
Dr Karl W Einolf (Director)	$0	$207,075	$10,953
Dr David Wright (Director)	$0	$246,215	$90,970
Dr Dave Mcfadden (Director)	$0	$276,678	$66,097
Dr Daniel Elsener (Director)	$0	$535,052	$143,783
Dr Eugene White (Director)	$0	$126,000	$12,000
Dr Ray G Barber (Director)	$0	$220,281	$50,000
Dr James Conwell (Director)	$0	$556,556	$91,528
Dr Dottie King (Chair)	$0	$225,116	$0
P Lowell Haines (Director)	$0	$251,588	$94,323
Dr Earl D Brooks Ii (Director)	$0	$633,241	$46,686
Dr Thomas A Kazee (Director)	$0	$393,846	$104,471
Dr Robert L Manuel (Director)	$0	$471,909	$61,942
Fr John Jenkins Csc Phd (Director)	$0	$1,018,001	$68,105
Sr M Elise Kriss Osf (Director)	$0	$0	$0
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990

Filed on May 10, 2019

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Fiscal Year Ending June
2017

Revenue

$25,281,052

Expenses

$19,920,901

Net Income

$5,360,151

Net Assets

$86,165,481

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$24,389,522	96.5%
Program Services	$333,952	1.3%
Investment Income	$536,086	2.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$21,492	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$437,150	2.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$573,196	2.9%

Assets/Debt
Total Assets	$86,592,818
Total Liabilities	$427,337
Net Assets	$86,165,481

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr Richard Ludwick (President)	$231,700	$0	$35,367
Mary Ellen Hamer (Vice President)	$114,047	$0	$24,498
Laura Bridges (Dir. Strategic Collaborations)	$95,351	$0	$20,969
Dr David Dawson (Director)	$0	$328,929	$53,930
Dr Lake Lambert (Director)	$0	$306,574	$38,322
Dr James Brenneman (Director)	$0	$184,500	$26,705
Dr Bill Katip (Chair)	$0	$267,588	$45,651
Dr Thomas Minar (Director)	$0	$349,530	$57,172
Bro John Paige Csc (Director)	$0	$0	$9,421
Dr Sherilyn Emberton (Director)	$0	$190,897	$65,347
Dr Arthur E Snyder (Director)	$0	$551,416	$91,496
Dr David Wright (Director)	$0	$235,798	$91,873
Dr Dave Mcfadden (Director)	$0	$272,022	$71,385
Dr Daniel Elsener (Director)	$0	$493,188	$165,889
Dr Eugene White (Director)	$0	$138,000	$0
Dr Ray G Barber (Director)	$0	$173,942	$50,000
Dr James Conwell (Director)	$0	$525,398	$86,802
Dr Robert Pastoor (Director)	$0	$0	$0
Dr Dottie King (Treasurer)	$0	$176,031	$51,224
P Lowell Haines (Director)	$0	$140,325	$57,372
Dr Earl D Brooks Ii (Director)	$0	$631,555	$43,552
Dr Thomas A Kazee (Director)	$0	$401,727	$102,813
Dr Robert L Manual (Vice Chair)	$0	$459,814	$36,160
Fr John Jenkins Csc Phd (Director)	$0	$899,323	$157,549
Sr M Elise Kriss Osf (Director)	$0	$0	$0
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990

Filed on May 4, 2018

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Fiscal Year Ending June
2016

Revenue

$25,104,867

Expenses

$20,534,687

Net Income

$4,570,180

Net Assets

$81,000,503

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,954,629	95.4%
Program Services	$437,980	1.7%
Investment Income	$675,257	2.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$37,001	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$434,313	2.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$524,289	2.6%

Assets/Debt
Total Assets	$81,375,949
Total Liabilities	$375,446
Net Assets	$81,000,503

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr Richard Ludwick (President)	$223,884	$0	$40,836
Mary Ellen Hamer (Vice President)	$130,185	$0	$28,576
Laura Bridges (Director Of Finance)	$96,847	$0	$23,742
Dr David Dawson (Director)	$0	$311,119	$108,219
Dr Lake Lambert (Director)	$0	$151,715	$19,871
Dr James Brenneman (Director)	$0	$157,090	$26,775
Dr Bill Katip (Director)	$0	$209,880	$39,418
Dr Thomas Minar (Director)	$0	$169,242	$36,710
Bro John Paige Csc (Director)	$0	$0	$9,940
Dr Sherilyn Emberton (Director)	$0	$198,084	$61,880
Dr Arthur E Snyder (Director)	$0	$474,774	$86,066
Dr David Wright (Director)	$0	$234,211	$88,508
Dr Dave Mcfadden (Director)	$0	$262,129	$67,780
Dr Daniel Elsener (Director)	$0	$480,667	$180,956
Dr Eugene White (Director)	$0	$176,000	$0
Dr Ray G Barber (Director)	$0	$213,359	$40,081
Dr James Conwell (Director)	$0	$494,284	$82,413
Dr Robert Pastoor (Director)	$0	$186,828	$15,430
Dr Dottie King (Director)	$0	$174,070	$46,323
Dr Carol Ann Mooney (Director)	$0	$331,913	$42,312
Dr Eugene Habecker (Director)	$0	$247,593	$56,014
Dr Earl D Brooks Ii (Director)	$0	$626,702	$36,439
Dr Thomas A Kazee (Director)	$0	$376,892	$94,559
Dr Robert L Manual (Director)	$0	$398,743	$41,599
Fr John Jenkins Csc Phd (Director)	$0	$787,144	$219,105
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990

Filed on May 5, 2017

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Fiscal Year Ending June
2015

Revenue

$24,413,585

Expenses

$18,882,871

Net Income

$5,530,714

Net Assets

$76,581,796

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$23,368,066	95.7%
Program Services	$369,896	1.5%
Investment Income	$592,779	2.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$82,844	0.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$442,730	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$551,220	2.9%

Assets/Debt
Total Assets	$76,809,911
Total Liabilities	$228,115
Net Assets	$76,581,796

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr Richard Ludwick (President)	$236,310	$0	$35,914
Mary Ellen Hamer (Vice President)	$117,290	$0	$24,007
Jerry Alberts (Exec. Director Of Advancement)	$109,297	$0	$23,097
Robert Hodge (Executive Director)	$101,491	$0	$22,224
Laura Bridges (Director Of Finance)	$84,261	$0	$20,243
Dr David Dawson (Director)	$0	$309,518	$117,942
Dr James Moseley (Director)	$0	$556,947	$115,246
Dr James Brenneman (Director)	$0	$155,730	$26,775
Dr Bill Katip (Director)	$0	$200,538	$42,193
Dr Sue Dewine (Director)	$0	$295,944	$32,340
Bro John Paige Csc (Director)	$0	$0	$9,922
Dr Sherily Emberton (Director)	$0	$185,750	$61,880
Dr Arthur E Snyder (Director)	$0	$427,265	$80,025
Dr David Wright (Director)	$0	$242,987	$82,264
Dr Dave Mcfadden (Director)	$0	$248,104	$47,854
Dr Daniel Elsener (Director)	$0	$495,052	$200,905
Dr Eugene White (Director)	$0	$176,000	$0
Dr Ray G Barber (Director)	$0	$403,379	$37,579
Dr James Conwell (Director)	$0	$465,312	$64,702
Dr Robert Pastoor (Director)	$0	$0	$0
Dr Dottie King (Director)	$0	$174,829	$46,241
Dr Carol Ann Mooney (Director)	$0	$275,922	$43,514
Dr Eugene Habecker (Director)	$0	$232,704	$53,918
Dr Earl D Brooks Ii (Director)	$0	$518,830	$81,117
Dr Thomas A Kazee (Director)	$0	$329,111	$95,611
See filing for compensation of 23 other people →

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990

Filed on May 9, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2014

Revenue

$22,495,922

Expenses

$19,001,500

Net Income

$3,494,422

Net Assets

$71,250,219

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$21,810,751	97.0%
Program Services	$328,543	1.5%
Investment Income	$517,058	2.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$160,430
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$548,328	2.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$348,418	1.8%

Assets/Debt
Total Assets	$71,582,011
Total Liabilities	$331,792
Net Assets	$71,250,219

Compensation

Key Employees and Officers	Compensation	Related	Other
Mr Richard Ludwick (President)	$237,706	$0	$37,262
Mary Ellen Hamer (Vice President)	$113,859	$0	$23,771
Jerry Alberts (Exec. Director Of Advancement)	$103,362	$0	$22,623
Laura Bridges (Director Of Finance)	$81,719	$0	$20,099
Dr Ray Barber (Director)	$0	$138,892	$49,000
Dr James Brennaman (Director)	$0	$154,555	$21,919
Dr Earl Brooks Ii (Director)	$0	$462,032	$68,983
Dr Brian Casey (Director)	$0	$575,190	$107,912
Dr Gregg Chenoweth (Director)	$0	$220,000	$15,000
Dr James Conwell (Director)	$0	$302,005	$25,535
Mr James Danko (Director)	$0	$483,233	$52,489
Dr J David Dawson (Director)	$0	$324,347	$78,190
Dr Sue Dewine (Director)	$0	$296,962	$28,293
Dr James Edwards (Director)	$0	$188,206	$52,134
Mr Daniel Elsner (Director)	$0	$452,326	$98,281
Dr Sherilyn Emberton (Director)	$0	$107,346	$60,280
Dr Eugene Habecker (Director)	$0	$223,641	$52,962
Dr Mark A Heckler (Director)	$0	$368,645	$88,651
Dr Gregg Hess (Director)	$0	$192,052	$52,721
Rev John Jenkins Csc (Director)	$0	$724,669	$231,724
Dr Bill Katip (Director)	$0	$175,057	$29,066
Dr Thomas A Kazee (Director)	$0	$324,751	$93,207
Dr Dottie King (Director)	$0	$170,504	$23,175
Sr M Elise Kriss Osf (Director)	$0	$241,496	$0
Dr Daniel Lowery (Director)	$0	$157,579	$9,398
See filing for compensation of 22 other people →

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990

Filed on May 6, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2013

Revenue

$20,743,396

Expenses

$20,677,947

Net Income

$65,449

Net Assets

$67,666,591

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$19,984,091	96.3%
Program Services	$292,172	1.4%
Investment Income	$431,955	2.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$35,178	0.2%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$346,582	1.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$873,914	4.2%

Assets/Debt
Total Assets	$67,839,950
Total Liabilities	$173,359
Net Assets	$67,666,591

990

Filed on April 28, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2012

Revenue

$15,340,792

Expenses

$21,989,163

Net Income

-$6,648,371

Net Assets

$67,965,551

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$14,723,843	96.0%
Program Services	$272,697	1.8%
Investment Income	$587,330	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$243,078
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$508,829	2.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$896,837	4.1%

Assets/Debt
Total Assets	$68,072,029
Total Liabilities	$106,478
Net Assets	$67,965,551

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2011

Revenue

$18,740,948

Expenses

$23,112,074

Net Income

-$4,371,126

Net Assets

$74,704,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$17,754,026	94.7%
Program Services	$185,674	1.0%
Investment Income	$704,741	3.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$96,507	0.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$304,606	1.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$761,470	3.3%

Assets/Debt
Total Assets	$74,825,105
Total Liabilities	$121,098
Net Assets	$74,704,007

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending June
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending June
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated October 30, 2024

Independent Colleges Of Indiana Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $25.8M (2023)

Expenses $23.7M (2023)

Total Assets $93M (2023)

Total Liabilities $707k (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending June 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

Revenue

$25.8M (2023)

Expenses

$23.7M (2023)

Total Assets

$93M (2023)

Total Liabilities

$707k (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002