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Indiana Pawnbrokers Assocation Inc

Indiana Pawnbrokers Associatio

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 454974216 ✦ Valparaiso, IN ✦ Designated as a 501(c)(6)

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Overview

What is Indiana Pawnbrokers Assocation Inc?

Indiana Pawnbrokers Association Inc, based in Valparaiso, Indiana, serves as a pioneering organization within the pawnbroking industry in the state. With a mission to promote common interests and foster industry growth, the association strives to enhance business conditions, uphold higher business standards, and encourage better business practices among pawnbrokers. They achieve this through education, aiming to support and strengthen the pawnbroking industry. The association publishes a periodical, the Midwest Pawnbroker Magazine, which reaches approximately 1000 pawnbrokers and industry partners. With a small team of two dedicated individuals, they play a significant role in educating and advocating for the pawnbroking industry in Indiana.

Is Indiana Pawnbrokers Assocation Inc legitimate?

Indiana Pawnbrokers Assocation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Indiana Pawnbrokers Assocation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,379

For more financial information, click here

What is the mission statement of Indiana Pawnbrokers Assocation Inc?

Indiana Pawnbrokers Association Inc's mission is centered around promoting the common interests of the pawnbroking industry. The organization is dedicated to improving business conditions for pawnbrokers, advocating for higher business standards, and encouraging better business methods within the industry. They achieve this goal through education, aiming to support and strengthen the pawnbroking sector as a whole. One of their key initiatives is the publication of the Midwest Pawnbroker Magazine, which is distributed to approximately 1000 pawnbrokers and industry partners, serving to educate pawnbrokers and promote the industry.

Who is the CEO of Indiana Pawnbrokers Assocation Inc?

Gregory Engstrom is the Executive Director of Indiana Pawnbrokers Assocation Inc.

What is the revenue of Indiana Pawnbrokers Assocation Inc?

Indiana Pawnbrokers Assocation Inc's revenue in 2022 was $148,427.

Who are the executives of Indiana Pawnbrokers Assocation Inc and what are their salaries?

The average compensation at Indiana Pawnbrokers Assocation Inc during 2022 was $15,190. There are 2 employees at Indiana Pawnbrokers Assocation Inc.


Here are 7 key members and their salaries:


Gregory Engstrom (Executive Director)
  • Compensation: $23,320
  • Related: $0
  • Other: $0
Scott Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachael Goldman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Uselton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Ramsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ric Barr (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine King (Vptreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Indiana Pawnbrokers Assocation Inc?

Indiana Pawnbrokers Assocation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Indiana Pawnbrokers Assocation Inc

Indiana Pawnbrokers Association Inc is an organization dedicated to serving the common interests of the pawnbroking industry in Indiana. Their mission is centered around improving business conditions for pawnbrokers, promoting higher business standards, and advocating for better business methods within the industry. To accomplish this, Indiana Pawnbrokers Association Inc endeavors to support the industry through education.

Specifically, Indiana Pawnbrokers Association Inc achieves its mission by publishing the Midwest Pawnbroker Magazine, which is distributed to approximately 1,000 pawnbrokers and industry partners. This publication serves as a valuable educational resource for pawnbrokers, providing them with industry-specific information and promoting the pawnbroking industry as a whole. Through its educational efforts, Indiana Pawnbrokers Association Inc is instrumental in fostering a stronger and more professional pawnbroking industry in Indiana.

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Impact




October, 2024

The Indiana Pawnbrokers Association Inc significantly impacts the pawnbroking industry in the state by advocating for the common interests of pawnbrokers, enhancing business conditions, and fostering higher standards within the industry. By focusing on education and the dissemination of industry knowledge, the organization promotes better business methods and practices among its members.

One of its key initiatives is the publication of the Midwest Pawnbroker Magazine, which reaches approximately 1,000 pawnbrokers and industry partners. This resource not only educates stakeholders but also serves to unify the community, ensuring that members are informed about best practices, trends, and changes in the industry.

Through these efforts, the association plays a vital role in improving the reputation and operational efficacy of pawnbrokers in Indiana, ultimately contributing to the overall economic health and professional integrity of the pawnbroking sector.




This information is meant to be a general summary of Indiana Pawnbrokers Assocation 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.

Revenue
$148,427 (2022)
Expenses
$163,199 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $112,407
  • Gross Receipts: $148,427

Assets and Liabilities:

  • Total Assets: $54,787
  • Total Liabilities: $1,142
  • Net Assets: $53,645

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MIDWEST CONVENTION

Revenue

$85,333

MIDWEST MAGAZINE

Revenue

$27,074

Organization Details

Founding Year

2012

Principal Officer

Gregory Engstrom

Main Address

1415 LINCOLNWAY, VALPARAISO, IN, 46383

NTEE Category

Code: S41 - Community improvement

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