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Indiana Basketball Hall Of Fame Foundation Inc

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

EIN: 356054160 ✦ New castle, IN ✦ Designated as a 501(c)(3)

Overview

What is Indiana Basketball Hall Of Fame Foundation Inc?

Indiana Basketball Hall of Fame Foundation Inc is a nonprofit organization based in New Castle, Indiana, specifically at ONE HALL OF FAME COURT. Their primary mission is to promote educational and charitable purposes associated with the Indiana Basketball Hall of Fame, while preserving the rich history of high school basketball in the state for future generations. The organization achieves this through various events, including their annual awards banquet, which celebrates basketball legends and recognizes outstanding individuals and teams from the past. The banquet honors new inductees, recognizes silver anniversary teams, and showcases the state championship teams from different time periods.


Official website here: www.hoopshall.com

Is Indiana Basketball Hall Of Fame Foundation Inc legitimate?

Indiana Basketball Hall Of Fame Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana Basketball Hall Of Fame Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $265,998

For more financial information, click here


Official website here: www.hoopshall.com

What is the mission statement of Indiana Basketball Hall Of Fame Foundation Inc?

The Indiana Basketball Hall of Fame Foundation Inc's primary objective is to promote the educational and charitable purposes of the Indiana Basketball Hall of Fame and preserve the history of Indiana high school basketball for future generations. This organization achieves this by hosting annual award banquets, honoring new inductees, recognizing outstanding basketball teams and officials, and celebrating the state's basketball heritage. The banquets serve as a reunion for basketball legends, honoring the Silver Medal recipients and Silver Anniversary teams, while also acknowledging the state championship teams of 25, 50, and 100 years ago. The Center Circle Officials Award is also presented to recognize distinguished officials.


Official website here: www.hoopshall.com

Who is the CEO of Indiana Basketball Hall Of Fame Foundation Inc?

Chris May is the Treasurer of Indiana Basketball Hall Of Fame Foundation Inc.


Official website here: www.hoopshall.com

What is the revenue of Indiana Basketball Hall Of Fame Foundation Inc?

Indiana Basketball Hall Of Fame Foundation Inc's revenue in 2022 was $1,002,889.


Official website here: www.hoopshall.com

Who are the executives of Indiana Basketball Hall Of Fame Foundation Inc and what are their salaries?

Here are 28 key members and their salaries:

    Chris May (Executive Director)
  • Compensation: $95,000
  • Related: $0
  • Other: $0

    • Matt Martin (Executive Director)
  • Compensation: $6,500
  • Related: $0
  • Other: $0

    • Bill Walker (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Baltz (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Broughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerry Peirson (Past President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Heaton (Vice President-Central) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Brett (Vice President-South) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Isenbarger (At Large Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Merrell (Vice President-North) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vance Meier (Henry County Representativ) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Goins (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Sullivan (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Angle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Barker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Metheny (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Borst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Broughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Davidson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Gadis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmie Howell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Neidig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Titus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Schellhase (At Large Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hoopshall.com

    Where can I find the form 990 for Indiana Basketball Hall Of Fame Foundation Inc?

    The Indiana Basketball Hall Of Fame Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hoopshall.com

    Learn more at the official website: www.hoopshall.com

    Mission Statement of Indiana Basketball Hall Of Fame Foundation Inc

    The Indiana Basketball Hall of Fame Foundation Inc aims to promote the educational and charitable purposes of the Indiana Basketball Hall of Fame and preserve the history of Indiana high school basketball for future generations. This organization plays a significant role in honoring the achievements of basketball players and officials in the state, recognizing their contributions to the sport. Through events such as the annual men's and women's awards banquet, they celebrate the basketball heritage of Indiana by honoring new inductees, recognizing silver anniversary teams, and acknowledging outstanding officials. The Foundation also recognizes state championship teams from various decades, thereby maintaining a lasting connection with the rich basketball history of the state.

    Impact

    This information is meant to be a general summary of Indiana Basketball Hall Of Fame Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Indiana Basketball Hall Of Fame Foundation Inc's impact is significant in promoting the educational and charitable purposes of the Indiana Basketball Hall of Fame. Through activities such as the annual Hall of Fame banquet, the organization celebrates the state's basketball heritage, honors new inductees, recognizes championship teams from the past, and acknowledges outstanding officials. By preserving the history of Indiana high school basketball and bringing together the basketball community through events like the banquet, the Foundation contributes to the preservation and appreciation of the sport's rich legacy in the state.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $344,169
  • Program Service Revenue: $277,215
  • Gross Receipts: $2,083,963

    • Assets and Liabilities:
  • Total Assets: $5,373,754
  • Total Liabilities: $1,782
  • Net Assets: $5,371,972
  • Programs

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

    BANQUET

    Revenue

    $101,900

    MEMBERSHIPS

    Revenue

    $98,640

    BASKETBALL TOURNEY

    Revenue

    $54,232

    ADMISSIONS

    Revenue

    $12,210

    MAGAZINE SUBSCRIPTIONS

    Revenue

    $2,398

    Organization Details

    Founding Year

    1965

    Principal Officer

    Chris May

    Main Address

    ONE HALL OF FAME COURT, NEW CASTLE, IN, 47362

    NTEE Category

    Code: A500 - Arts

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