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Filing year 2023

Indiana Chamber of Commerce Foundation Inc

Indianapolis, Indiana·EIN 31-1010164·NTEE B90 · Education·501(c)(3)
Total revenue
$664k
Total assets
$764k
Total expenses
$1.1M
Reported officers
20
Mission

THE INDIANA CHAMBER OF COMMERCE FOUNDATION WORKS TO ENCOURAGE, AID, AND PROMOTE EDUCATIONAL AND CHARITABLE ORGANIZATIONS, ENDEAVORS, AND RESEARCH ACTVITIES WHICH WILL BENEFIT THE GENERAL PUBLIC OF INDIANA, WITH AN EMPHASIS ON ACTIVITIES THAT PROMOTE ECONOMIC DEVELOPMENT AND JOB OPPORTUNITIES WITHIN INDIANA.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations nationwide.

VP Membership & Fdn Relations (end 5/10/24)
Board Vice President
10th to 25th percentile
$100k
$111k
Base
$25k
Bonus
$10k
Other
Benefits
Secretary
Secretary (Operational)
Median to 75th percentile
$88k
$97k
Base
$30k
Bonus
$15k
Other
Benefits
President and CEO (end 1/5/24)
25th percentile to medianvs Education peers in Indiana
$59k
$65k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 17 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at Indiana Chamber of Commerce Foundation Inc equaled 9% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
9%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 10%
from 2022

From $91k in 2022 to $100k in 2023.

$91k
2022
$100k
2023
In today's dollarsEst.
Up 6% in real terms$104k to $111k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Vice President pay rose 10% from 2022 to 2023, while revenue rose 49%.

$91k in 2022 to $100k in 2023.
  • Secretary (Operational) pay rose 11% from 2022 to 2023.
  • Chief Executive Officer pay fell 2% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Indiana Chamber of Commerce Foundation Inc

What does the Board Vice President of Indiana Chamber of Commerce Foundation Inc earn?

In 2023, the Board Vice President of Indiana Chamber of Commerce Foundation Inc received $100,092 in total compensation. This pay is in the bottom quarter for Board Vice President roles among Education organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at Indiana Chamber of Commerce Foundation Inc compare with similar nonprofits?

Compared with the same role at Education organizations nationwide, the 2023 pay of the Board Vice President at Indiana Chamber of Commerce Foundation Inc falls between the 10th and 25th percentiles. In 2023, the highest total compensation at Indiana Chamber of Commerce Foundation Inc equaled 9% of the organization's total expenses. The median for education organizations is 7%.

What are Indiana Chamber of Commerce Foundation Inc's revenue and expenses?

In 2023, Indiana Chamber of Commerce Foundation Inc reported $664k in total revenue and $1.1M in total expenses on its IRS Form 990.

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