Retired Indiana Public Employees Association Inc

Nonprofit profile at a glance

EIN
351278778
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Indianapolis, IN, USA
Phone
3177890244
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$867,116
Expenses
$943,452
Assets
$1,019,075
Liabilities
$187,678

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • JESSICA LOVE (EXECUTIVE DIRECTOR)
  • HOWARD BUCHANON (PRESIDENT)
  • PATRICIA MILLER (VICE PRESIDENT)
  • CLEO DUNCAN (IMMEDIATE PAST PRESIDENT)

Highest reported compensation

  • JESSICA LOVE (EXECUTIVE DIRECTOR): $152,097 total reported compensation
  • HOWARD BUCHANON (PRESIDENT): $3,750 total reported compensation
  • CLEO DUNCAN (IMMEDIATE PAST PRESIDENT): $3,500 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Improve the quality of life of our members by providing the relationships, insurance benefits, policy-advocacy, and education needed to retire well from public employment in the hoosier state.

What it reported doing in 2025

Engagement (relationships/education): provide opportunities for members to gather, connect and learn together through biannual regional chapter convenings, monthly trainings, an annual convention, monthly e-blast updates and quarterly newsletters to meet relationship and education goals.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 66
  • Accountability: 91
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89%; rating input score 89
  • Program expense ratio: 81.6%; rating input score 82
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -8.8%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 26; 26th percentile among comparable filings
  • Officer compensation ratio: 19.1%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 8.9% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • Where the money goes: 89% of revenue deployed · 81.6% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $770K in reported program spending
  • Leadership: top reported pay $152K · 13 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 14/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.
  • High — Sustainability: Liabilities to assets ratio scored 26/100.