Overview
What is Independent Colleges Of Indiana Inc?
Independent Colleges of Indiana Inc is a nonprofit organization headquartered in Indianapolis, Indiana, specifically at 30 South Meridian Street Suite 800. Their mission is to bolster the standing of their 29 member independent, nonprofit, regionally-accredited degree-granting colleges and universities in Indiana. They act as an advocate for choice and excellence in higher education for all students, offering various resources and initiatives. These include grant administration, collective information dissemination, public representation, negotiation for collective services, and data analysis to benefit member institutions. The organization's total workforce consists of 12 employees. By supporting these member colleges, Independent Colleges of Indiana Inc aims to ensure a robust and diverse higher education landscape in the state.
Official website here: www.icindiana.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Independent Colleges of Indiana Inc has achieved a remarkable 97% rating from Charity Navigator, indicating strong performance in both accountability and financial management. The organization boasts a fully independent board, with a commendable 41 members, ensuring diverse and unbiased governance. Their financial oversight is robust, with a perfect score in areas such as audit committee functions and the absence of any material diversion of assets.
Strengths include an impressive program expense ratio of 93.20%, showing a commitment to utilizing funds for their intended educational purposes. Additionally, the fundraising efficiency ratio is exceptionally low at $0.01, reflecting effective fundraising strategies that minimize costs. Their proactive policies on conflicts of interest, whistleblower protections, and document retention further demonstrate their commitment to transparency and ethical practices.
Overall, Independent Colleges of Indiana Inc stands out as a well-managed nonprofit with strong financial health and accountability measures. However, while the financial data is impressive, the summary does not address the impact of their programming or specific outcomes, which would provide a fuller picture of their overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Independent Colleges Of Indiana Inc?
100% of the 6 reviewers on Facebook recommend Independent Colleges Of Indiana Inc. Here is a summary of their reviews:
Overall, the sentiment towards this nonprofit is overwhelmingly positive. Reviewers express satisfaction with their experiences, particularly highlighting the education and services offered at institutions like St. Joseph's College. The positive feedback indicates that users feel valued and supported through their educational journey.
This strong recommendation reflects a consistent level of excellence in the experiences shared by individuals associated with the Independent Colleges Of Indiana Inc. Overall, the nonprofit succeeds in meeting the expectations of its community.
This AI summary has been generated from reviews found on Facebook.
Is Independent Colleges Of Indiana Inc legitimate?
Independent Colleges Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Independent Colleges Of Indiana Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $616,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $696,005
For more financial information, click here
Official website here: www.icindiana.org
What is the mission statement of Independent Colleges Of Indiana Inc?
The Independent Colleges of Indiana Inc (ICI) is dedicated to enhancing the competitive standing of its 29 member independent, nonprofit, regionally-accredited, degree-granting colleges and universities in Indiana. The organization's primary objectives include assisting member institutions with resources, representing their interests, negotiating collective services, and providing information about independent higher education. ICI's mission is to ensure opportunity and choice in higher education for all students by working collectively to benefit member colleges. The organization offers a range of services to realize economies of scale, reducing costs for its members, and provides basic information about the member colleges to the public and appropriate bodies.
Official website here: www.icindiana.org
Who is the CEO of Independent Colleges Of Indiana Inc?
David Wantz is the Principal Officer of Independent Colleges Of Indiana Inc.
Official website here: www.icindiana.org
What is the revenue of Independent Colleges Of Indiana Inc?
Independent Colleges Of Indiana Inc's revenue in 2022 was $22,138,520.
Official website here: www.icindiana.org
Who are the executives of Independent Colleges Of Indiana Inc and what are their salaries?
The average compensation at Independent Colleges Of Indiana Inc during 2022 was $109,336. There are 12 employees at Independent Colleges Of Indiana Inc.
Here are 45 key members and their salaries:
- Compensation: $0
- Related: $1,241,437
- Other: $124,176
- Compensation: $0
- Related: $866,434
- Other: $70,155
- Compensation: $0
- Related: $847,222
- Other: $56,934
- Compensation: $0
- Related: $628,496
- Other: $158,859
- Compensation: $0
- Related: $629,399
- Other: $57,280
- Compensation: $0
- Related: $506,038
- Other: $132,754
- Compensation: $0
- Related: $468,418
- Other: $130,347
- Compensation: $0
- Related: $509,144
- Other: $63,959
- Compensation: $0
- Related: $525,434
- Other: $25,666
- Compensation: $0
- Related: $530,540
- Other: $18,483
- Compensation: $0
- Related: $494,820
- Other: $43,226
- Compensation: $0
- Related: $518,151
- Other: $10,475
- Compensation: $0
- Related: $425,394
- Other: $37,558
- Compensation: $0
- Related: $329,201
- Other: $79,722
- Compensation: $0
- Related: $313,098
- Other: $85,952
- Compensation: $0
- Related: $324,947
- Other: $53,485
- Compensation: $0
- Related: $265,117
- Other: $94,017
- Compensation: $0
- Related: $298,980
- Other: $47,647
- Compensation: $0
- Related: $283,124
- Other: $49,126
- Compensation: $0
- Related: $281,951
- Other: $37,814
- Compensation: $0
- Related: $268,259
- Other: $26,542
- Compensation: $243,399
- Related: $0
- Other: $41,522
- Compensation: $0
- Related: $252,334
- Other: $21,289
- Compensation: $0
- Related: $232,438
- Other: $26,000
- Compensation: $0
- Related: $238,740
- Other: $11,666
- Compensation: $0
- Related: $213,081
- Other: $35,404
- Compensation: $0
- Related: $195,371
- Other: $27,625
- Compensation: $0
- Related: $186,076
- Other: $5,423
- Compensation: $0
- Related: $182,100
- Other: $5,000
- Compensation: $150,921
- Related: $0
- Other: $31,282
- Compensation: $0
- Related: $152,408
- Other: $24,581
- Compensation: $119,397
- Related: $0
- Other: $29,503
- Compensation: $0
- Related: $111,781
- Other: $18,750
- Compensation: $0
- Related: $0
- Other: $44,259
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.icindiana.org
Where can I find the form 990 for Independent Colleges Of Indiana Inc?
Independent Colleges Of Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.icindiana.org
Learn more at the official website: www.icindiana.org
Mission Statement of Independent Colleges Of Indiana Inc
Independent Colleges of Indiana Inc, a collective voice for excellence and choice in higher education, is dedicated to enhancing the competitive standing of its 29 member independent, nonprofit, regionally-accredited, degree-granting colleges and universities in Indiana. The organization's primary objectives include providing member institutions with essential resources, representing their interests, and negotiating collective services to realize efficiencies of scale and reduce costs.
The Independent Colleges of Indiana (ICI) plays a crucial role in the higher education sector by offering various support systems to its members. The organization assists these institutions with valuable information, expert staff, and grants to benefit the collective. ICI also advocates for the interests of the independent college sector, engaging with the media, public, and other audiences. In addition to these activities, the organization works towards optimizing collective services for member institutions, enabling them to achieve significant cost savings.
Furthermore, the organization maintains and shares essential data and information about the member colleges, ensuring that the public and private bodies have access to accurate and up-to-date information. By combining resources and expertise, the Independent Colleges of Indiana Inc is a powerful force championing the cause of higher education in Indiana.
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Impact
October, 2024
Independent Colleges of Indiana Inc plays a pivotal role in enhancing the landscape of higher education in the state by advocating for 29 member colleges and universities. Its primary focus is to ensure that these independent institutions maintain a competitive edge while providing diverse opportunities for students.
Through strategic fundraising and collaborative meetings, the organization addresses common challenges faced by its member schools, facilitating a network for sharing best practices and resources. This collective approach empowers institutions to overcome obstacles and thrive in an ever-evolving educational environment.
Moreover, ICI serves as the collective voice for independent higher education, effectively representing the interests of these colleges to the media, public, and policymakers. By disseminating vital information about the contributions and needs of independent colleges, ICI influences public perception and fosters support for its member institutions.
The organization also administers grants and organizes initiatives aimed at improving operational efficiencies among its members. By providing expertise and resources, ICI helps to reduce costs, allowing these colleges to focus on enhancing the quality of education they offer.
In sum, Independent Colleges of Indiana Inc significantly impacts the independent higher education sector by advocating for excellence, facilitating collaboration, and supporting initiatives that assure choice and opportunity for all students in Indiana.
This information is meant to be a general summary of Independent Colleges Of Indiana Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $894,977
- Program Service Revenue: $136,698
- Gross Receipts: $40,640,766
Assets and Liabilities:
- Total Assets: $91,171,823
- Total Liabilities: $733,188
- Net Assets: $90,438,635
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
C.S.I INCOME
Revenue
$135,098
MISCELLANEOUS REVENUE
Revenue
$1,600
Organization Details
Founding Year
1972
Phone
(317) 236-6090Principal Officer
David Wantz
Main Address
30 SOUTH MERIDIAN STREET SUITE 800, INDIANAPOLIS, IN, 46204
Website
www.icindiana.orgNTEE Category
Code: B03 - Education
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