Economic Growth
Promotes regional economic development through strategic partnerships and support for business expansion initiatives
Supporting business and community development in IN
About Organization
Greater Indianapolis Chamber of Commerce Inc operates in Indianapolis, IN, focusing on to create advantages for businesses within the indianapolis area by promoting initiatives which enhance business, and to deliver products and services which anticipate, meet or exceed the needs of members.. The organization manages $11.3M in annual revenue, 67 employees, $13.6M in assets. Established in 1890, the organization has served the region for 136 years.
Economic Growth
Promotes regional economic development through strategic partnerships and support for business expansion initiatives
Member Services
Provides networking opportunities, professional development resources, and support services for member organizations
Community Leadership
Develops business leadership capacity and facilitates collaboration on community priorities and regional challenges
Form 990 data showing organizational financial health and growth.
Revenue (2024)
$11.3M
+12.9% vs 2023
Expenses (2024)
$10.9M
+0.7% vs 2023
Assets (2024)
$13.6M
+16.8% vs 2023
Employees (2024)
67
-1.5% vs 2023
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2024 | $11,285,755 | $10,938,229 | $13,616,829 | 67 |
| 2023 | $9,993,565 | $10,863,574 | $11,663,195 | 68 |
| 2022 | $10,005,228 | $10,601,588 | $15,520,349 | 74 |
| 2019 | $10,359,968 | $9,385,058 | $10,718,604 | 70 |
| 2018 | $8,724,021 | $9,522,504 | $9,717,358 | 70 |
Source: IRS Form 990 filings. All figures in USD.
Identifies priority issues through stakeholder consultation and analysis of business community needs
Develops targeted initiatives based on member input and regional economic development priorities
Executes programs through partnerships with member organizations and community stakeholders
Evaluates outcomes through member feedback and tracks progress toward organizational objectives
Services and programs offered by Greater Indianapolis Chamber of Commerce Inc
Delivers comprehensive services focused on leadership exchange lex 2023 sponsorship to advance ascend indianas modern and youth apprenticeship programs. to advance organizational mission and impact
Coordinates sponsorship of indy chamber hobnob panel discussion efforts through strategic planning and implementation support
Delivers comprehensive services focused on general grant disbursements to advance organizational mission and impact
Provides structured support and resources for scholarships initiatives across member organizations
Meet the people behind Greater Indianapolis Chamber of Commerce Inc.
1890
1890
Established to serve business community development and economic growth initiatives
1958
1958
Extended programming and membership services to serve broader regional business community
2024
2024
Launched enhanced member services and expanded advocacy initiatives for business community
2026
2026
Maintains active programming serving member organizations and regional economic development priorities
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2024)
$2.1M
Highest Paid
$481K
Matt Mindrum
Compensated Officers
10
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Matt Mindrum | President/CEO | $475,659 | $5,581 | $481,240 | 40 |
| Julie Grice | Chief Revenue Officer | $286,015 | $29,892 | $315,907 | 35 |
| Steven Taylor Hughes | Chief Strategy Officer/Chief Of Staff | $195,919 | $46,394 | $242,313 | 40 |
| Rawson Raifsnider | Vice President, Membership Sales | $149,193 | $41,679 | $190,872 | 40 |
| Joseph Pellman | Vice President Of Talent And Image | $137,114 | $40,729 | $177,843 | 40 |
| Aletha Dunston | Vice President Of Strategic Initiatives | $163,833 | $12,754 | $176,587 | 40 |
| James Roebuck | Vice President Of Corporate Relations | $146,868 | $20,849 | $167,717 | 40 |
| Jeffery Barnett | Research Director | $135,066 | $17,219 | $152,285 | 40 |
| E Zenai Savage | Chief Finance & Administrative Officer (As Of July 2024) | $85,844 | $4,644 | $90,488 | 40 |
| Blaine Zimmerman | Chief Talent And Marketing Officer | $66,353 | $1,125 | $67,478 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Julie Grice | Chief Revenue Officer | $320,965 | $35,775 | $356,740 | 35 |
| Moira Carlstedt | Interim President & CEO (Until 12/01/2023) | $345,686 | $103 | $345,789 | 40 |
| Vandana Kapur | Chief Financial Officer (Until 8/25/2023) | $231,315 | $44,260 | $275,575 | 40 |
| Sarah Iglehart | SVP, Regional Economic Development | $187,879 | $35,892 | $223,771 | 40 |
| Steven Taylor Hughes | Chief Strategy Officer/Chief Of Staff | $175,566 | $47,653 | $223,219 | 40 |
| Stacia Murphy | SVP Of Enterprise Development | $183,609 | $32,698 | $216,307 | 40 |
| Adam Burtner | VP Government Affairs | $188,258 | $17,572 | $205,830 | 40 |
| Matt Mindrum | President/CEO (As Of 12/01/2023) | $108,333 | $3,703 | $112,036 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Michael Huber | President/CEO (Until 10/14/22) | $370,795 | $36,616 | $407,411 | 40 |
| Vandana Kapur | Chief Financial Officer | $203,823 | $43,814 | $247,637 | 40 |
| Julie Grice | Chief Revenue Officer | $181,183 | $30,213 | $211,396 | 35 |
| Sarah Iglehart | SVP, Regional Economic Development | $171,385 | $32,157 | $203,542 | 40 |
| Portia Bailey-Bernard | SVP Economic Development | $156,265 | $22,630 | $178,895 | 40 |
| Ian Nicolini | Cheif Operating Officer (Until 9/30/22) | $142,012 | $25,037 | $167,049 | 40 |
| Casey Cawthon | VP Of Marketing And Communications | $143,145 | $22,772 | $165,917 | 40 |
| Moira Carlstedt | Interim President & CEO (As Of 10/15/22) | $72,152 | — | $72,152 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Michael Huber | President/CEO | $384,620 | $45,422 | $430,042 | 40 |
| Vandana Kapur | Chief Financial Officer | $181,670 | $44,382 | $226,052 | 40 |
| Mark Fisher | Chief Policy Officer | $163,567 | $38,298 | $201,865 | 40 |
| Julie Grice | Chief Revenue Officer | $161,641 | $28,789 | $190,430 | 40 |
| Ian Nicolini | VP Development Indy/Economic Development | $127,433 | $33,382 | $160,815 | 40 |
| Jacob Everett | VP Of Regional Economic Development (Until 11/01/2019 | $112,772 | $10,211 | $122,983 | 40 |
| Tim Brown | General Counsel/Director Of Policy & Legislative Affairs | $102,345 | $17,416 | $119,761 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Michael Huber | President/CEO | $367,852 | $45,350 | $413,202 | 40 |
| Maureen Krauss | Chief Economic Development Officer | $210,809 | $26,541 | $237,350 | 40 |
| Vandana Kapur | Chief Financial Officer | $176,398 | $45,815 | $222,213 | 40 |
| Mark Fisher | Chief Policy Officer | $151,439 | $36,386 | $187,825 | 40 |
| Julie Grice | Chief Revenue Officer | $157,753 | $27,772 | $185,525 | 36 |
| Steven Serbin | VP Of Membership Sales (Until 12/14/2018) | $133,330 | $24,643 | $157,973 | 40 |
| Ian Nicolini | VP Development Indy/Economic Development | $124,533 | $32,289 | $156,822 | 40 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Economic Injury Disaster Loan Program (2020-2021)
Total Borrowed
$150K
Subsidy Cost
$20K
14% of loan
Loan Count
1
TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS
Source: Small Business Administration • Economic Injury Disaster Loan Program (2020-2021)
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.