Overview
What is Indiana Utility Rate Payer Trust?
The Indiana Utility Rate Payer Trust is a nonprofit organization situated in Muncie, Indiana, with the primary aim of providing financial assistance to individuals negatively impacted by utility rates and practices within the state. Their mission involves covering legal and various other expenses for these affected individuals, helping them navigate challenging situations related to utility costs. The trust serves as a vital resource for those in need, offering support and aid in dealing with utility-related issues in Indiana.
Is Indiana Utility Rate Payer Trust legitimate?
Indiana Utility Rate Payer Trust is a legitimate nonprofit organization registered as a 501(c)(4) entity. Indiana Utility Rate Payer Trust 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: $27,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Indiana Utility Rate Payer Trust?
The Indiana Utility Rate Payer Trust has a mission to extend financial aid to individuals who have been negatively impacted by utility rates and practices within the state of Indiana. This assistance is aimed at covering both legal and other associated expenses. The organization's primary goal is to provide a safety net for those who have been financially burdened due to utility-related issues. By offering this aid, the trust aims to mitigate the financial hardships faced by its beneficiaries.
What is the revenue of Indiana Utility Rate Payer Trust?
Indiana Utility Rate Payer Trust's revenue in 2023 was $262,992.
Who are the executives of Indiana Utility Rate Payer Trust and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $70,067
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
- Compensation: $5,450
- Related: $0
- Other: $0
Where can I find the form 990 for Indiana Utility Rate Payer Trust?
Indiana Utility Rate Payer Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Indiana Utility Rate Payer Trust
Indiana Utility Rate Payer Trust is a nonprofit organization dedicated to providing assistance to individuals who have been negatively impacted by utility rates and practices within the state. Its mission is to offer financial aid to cover legal and various other expenses for these affected individuals. By offering this support, the Trust aims to alleviate the financial burden and help those in need navigate the complexities of utility-related issues. The Trust's goal is to ensure that everyone in Indiana has access to fair and reasonable utility rates.
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Impact
October, 2024
The Indiana Utility Rate Payer Trust plays a critical role in supporting individuals and communities adversely affected by utility rates and practices in Indiana. By providing financial assistance specifically aimed at covering legal and other relevant expenses, the Trust empowers consumers to challenge unjust utility practices and rates. This support not only helps to alleviate financial burdens for those impacted but also fosters greater accountability among utility providers. As a result, the Trust contributes to a more equitable energy landscape in Indiana, promoting transparency and fairness in utility billing and service practices, ultimately benefitting the broader public.
This information is meant to be a general summary of Indiana Utility Rate Payer Trust. 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 2023.
- Investment Income: $227,849
- Gross Receipts: $1,604,657
Assets and Liabilities:
- Total Assets: $7,480,897
- Total Liabilities: $0
- Net Assets: $7,480,897
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Organization Details
Founding Year
1997
Principal Officer
First Merchants Private Wealth Adv
NTEE Category
Code: W80 - Public benefit
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